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  • In 2013, it was estimated that roughly 50 million people around the world were expatriates.

  • An expat is simply a person who lives, and often works in a country where they are not from.

  • The term is effectively the same as "immigrant" but is usually used to describe affluent or Western working immigrants.

  • In many cases, expats seek out different attributes than an economic immigrant might.

  • So, what are the best countries for expats?

  • Well, expats from different countries often congregate in certain regions, for example, of an estimated 5 million expats from the UK, about 1.2 million live in Australia.

  • However, determining how many of your citizens have moved abroad is incredibly tricky.

  • In fact, the United States government has no idea, although third-party estimates range from about 2 million to 6 million Americans abroad.

  • Worldwide, Saudi Arabia hosts the most international expats, while the largest number overall come from India.

  • But the best countries for expats aren’t necessarily the most obvious.

  • In 2011, one of Facebook’s cofounders gave up his U.S. citizenship to live full time in Singapore; this way, he could avoid paying U.S. capital gains taxes.

  • Singapore is one of the most popular expat destinations due to its minimal tax policies, and very high salaries.

  • In 2014, more than a quarter of all expats living in Singapore were paid over $200,000 dollars a year. But a high salary doesn’t necessarily translate to a higher quality of life.

  • In fact, it's New Zealandknown for its stunning landscapes rather than its financial policieswhich has scored among the highest for quality of life.

  • Nearly 57% of expats say that they are more physically active in New Zealand, and over half say their health has improved since moving there.

  • New Zealand may not be the best place to make a living, but the happiness quotient and the welcoming atmosphere make it one of the most popular.

  • Another country sought out, especially by expat families, is Sweden.

  • Aside from a complicated, and more expensive tax situation, Sweden ranks highly for childcare, education and quality of life.

  • Switzerland is similarly highly ranked, but is more so for those who want to balance their work and life.

  • Switzerland is a culturally developed, centrally located country known for its high quality of life and very high salaries.

  • A stable, strong currency and business-friendly government make Switzerland an ideal place to work in Europe.

  • But wealthy Americans may not be able to escape their financial duties all that easily.

  • According to U.S. tax code, for any amount earned over about $100,000 dollars a year, U.S. citizens abroad have to pay taxes in addition to those imposed by their new home country.

  • This has led to nearly 3,500 American expats renouncing their U.S. citizenship in 2014.

  • Expatriation may just be the life for you, but be careful, it is not that easy to find a new country with low taxes, high quality of life, high salaries, and a relatively affordable lifestyle.

  • For many people, tourism is just an easier way of experiencing different countries without having to actually become an expat.

  • Learn about the most visited countries in the world in this video.

  • Well, travel and tourism are huge industries which currently are thought to account for 9% of global GDP or 7 trillion dollars.

  • In 2015, over a billion tourists travel the world, up by roughly 15 million compare to earlier years.

  • Every region in the world it's all about a 5% increase in tourism with a big exceptional of Africa where tourisms dropped by about 6%.

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In 2013, it was estimated that roughly 50 million people around the world were expatriates.

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What Are The Best Countries For Expats?

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    He Jiun Tseng posted on 2021/07/09
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