The number of multinationals worldwide is on course to reach 13,900 by 2021 while the number of employees who are classed as expatriate or corporate transferees will exceed one million. The search for a higher quality of life for yourself and your family, the desire to face a new professional challenge, or simply the fulfillment of the dream of old age under palm trees—: there are many reasons for emigrating. Many expats appreciate the cultural similarity and proximity to their old homeland. The places of longing for aspiring expats also include more distant destinations overseas, such as the USA, Australia or Thailand.
We at LoanLink24, first examined in 2019 whether these countries are also the best destinations for emigration. With the Expat City Index, we examined 70 cities worldwide in the categories “economy”, “living”, “environment and urbanization” and “family and society” and created a ranking of the best emigrant destinations for expats in the worldwide. Two years and a pandemic later, we are repeating the research with fresh data on income opportunities, income tax rates, the cost of living and living, the hospitality of the locals, the general security situation, the quality of health care and many others. In addition, we have enriched the first post-Covid analysis with new perspectives. Above all, remote work and flexible work have become important factors so we have incorporated additional data to take these into account.
Please refer to the methodology below for more information on the research process.
In order to compare the 2019 expat city index with the 2021 expat city index, click on the respective year in the table below.
Radical changes in the way we work and live in the last decade have been shaped primarily by globalization and advancing digitization. The crisis has accelerated this change to a degree that nobody could have imagined. In the extreme situation, the theories from the “Future of Work”, including a comprehensive home office, communication via video conferences, flexible working time models and much more, have also proven themselves in practice. It can already be foreseen that hybrid work will become the new normal in many industries and a decisive factor criterion for everyone who is looking for a good work-life balance. With the following list, we want to show how the ranking would have been if the pandemic had never existed. The analysis includes all influencing factors also considered above - with the exception of the data for remote work.
In addition, we have enriched the first post-Covid analysis with new perspectives. Above all, remote work and flexible work have become important factors so we have incorporated additional data to take these into account.
German online mortgage broker for expats and foreign investors.
We support international buyers and expats from all around the world - for example from the United States of America the UK or China - with finding the best mortgage for their property investment in German cities, such as Berlin, Munich or Frankfurt. You can use our free online tools to calculate your mortgage, compare mortgage interest rates or learn how to buy a property in Germany.