ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Here are Aspects of Life in the United States That Convince Expats to Choose the Country

The U.S. ranks highly in the working abroad index, making it an attractive destination for those seeking professional growth and development
PUBLISHED AUG 27, 2023
Cover Image Source: Pexels/André Cook
Cover Image Source: Pexels/André Cook

Among factors expats look for in a new country before making the move, United States gains an edge thanks to the career opportunities it offers. According to the latest 'Expat Insider' report, global expat community InterNations ranks the US highly on the working abroad index, making it attractive for those seeking professional growth.

Impressive career prospects

The report reveals that the U.S. claims the top spot when it comes to the local job market and personal career prospects. As per CNBC, expats in the United States enjoy abundant employment opportunities and a promising future. The country's robust economy, diverse industries, and entrepreneurial spirit, create an environment conducive to professional success.

Image Source: Pexels/ Maxime Francis
Image Source: Pexels/ Maxime Francis

Positive work culture and satisfaction

The United States also secures the seventh position when it comes to work culture and job satisfaction, since expats appreciate the work-life balance, job security, and personal fulfillment. This positive work environment contributes to their overall contentment and professional well-being.

Mixed results in overall rankings

While the United States shines for its career opportunities and work culture, it still remains at the 30th position among 53 destinations preferred by expats. However, the country's expat satisfaction aligns with the global average as 72% of them are happy with their lives in the US.

Image Source: Pexels/
Kristina Paukshtite
Image Source: Pexels/ Kristina Paukshtite

Quality of life and financial concerns

Despite its career advantages, the US lags behind on quality of life and financial security for expats, who find the cost of living and daily expenses too high. Furthermore, the country ranks second to last in terms of the affordability and access to quality healthcare, and is among the bottom 10 when it comes to availability of public transit.

Ease of settling in and digital convenience

But expats do find it relatively easy to adapt to the language and feel at home once they arrive in the US, thanks to unrestricted access to online services, high-speed internet, and cashless payments. These factors facilitate a smooth settling-in process and ease of integration into American society.

Cover Image Source: Pexels | Henrik Pfitzenmaier
Image Source: Pexels | Henrik Pfitzenmaier

Factors considered for the rankings

The "Expat Insider" report evaluated destinations based on five indices: quality of life, ease of settling in, working abroad, personal finance, and an "expat essentials" index. The latter covers aspects such as housing, administration, language, and digital life. These comprehensive indices provide a holistic view of expat experiences and help identify areas where countries excel or need improvement.

Motivations for Moving to the U.S.

The report also sheds light on the primary reasons expats choose the United States as their new home. Approximately 15% of respondents move to the US for education, and 13% relocate for employment opportunities, with healthcare, information technology, and education being popular sector. Surprisingly, 12% of expats move to the US for romantic relationships, emphasizing the country's appeal beyond career prospects.

Image Source: Pexels/Kaique Rocha
Image Source: Pexels/Kaique Rocha

Top Expat Destinations

While the US may not be the first choice for expats, the report names its neighbouring Mexico as the top destination, where 90% of expats report being happy with their lives. Spain, Panama, Malaysia, and Taiwan also rank highly, with their unique advantages and opportunities for expatriates.

MORE ON MARKET REALIST
Since only a small amount of money was involved in each incident, they were considered "minor crimes".
13 hours ago
The dress from the 'Sultan of Sequins' had much more value than what the owner expected.
1 day ago
Grant Cerwin sent an email to Craig Jelinek asking if Costco could donate one of the famous 93-inch teddy bears for his middle school fundraiser in LA.
1 day ago
The problem occurred across the airline's app and some booking platforms including a top website.
1 day ago
While the restaurant claims it wasn't related to the tip, the waitress has a different story to tell
2 days ago
"Seriously, how desperate are they for money?" a Reddit post said sharing the listing.
2 days ago
A "gift from God," Otha Anders started collecting pennies after he found one lying on the ground.
2 days ago
The companies and the world learned a valuable lesson of vetting email IDs before handing out money
2 days ago
He got a check for $50,000 every year, for the next 20 years and pocketed $38,000 after taxes.
3 days ago
Actor Charlie Sheen is most known for his role on syndicated tv show 'Two and a Half Men.' How much are reruns paying him?
3 days ago
Jaime Siminoff, whose pitch was rejected by all but one shark, walked out without a deal. He returned to the show as a millionaire investor.
4 days ago
"You know we're getting old when Pokemon is on Antiques Roadshow."
4 days ago
The cyberattack on payment gateway provider Slim CD lasted for over a year.
4 days ago
The Digital Landscapes program of the retail giant will track and share consumer data with suppliers
5 days ago
A Canadian student found a solution to save money on rent by super commuting to university from another city.
6 days ago
She said that the payment screen must have switched while she was entering her phone number
6 days ago
He made a whopping $195,000, doubling his life savings in under a minute.
7 days ago
While no reactions were reported due to the two products, Costco is still urging people not to eat these products.
7 days ago
The creator's consipiracy theory suggests restaurants try to trick people into spending more money.
7 days ago