Top 11 Best Countries in the World for Working and Making Money
♦ Top 10 Best Cities To Travel And Work Remotely In The World
♦ Top 10 Best Countries for Higher Education in the World
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| A move abroad is often motivated by potential financial advantages. Photo: Youtube |
A relocation overseas is frequently prompted for many of us by possible financial benefits. We wish to work abroad to earn more money than we can at home. Sure, living in a lovely place and enjoying nice weather are terrific incentives, but most of the time, money is what really motivates people. People are frequently able to significantly alter both their own financial situation and the wealth of their family and loved ones with dedication and hard work.
Why wouldn't you want to devote five years of hard work motivated by riches knowing that it will improve your family's life for the next twenty years?
Let KnowInsider.com introduce you to top 11 of the best countries to work and make money from around the world!
1. Denmark
Out of the top 10 nations with the best work-life balance, expats working full time in Denmark had the shortest workweek with only 39.7 hours per week (compared to 44.3 h globally).
Nearly half of Danish responders (47%) have a master's degree or equivalent, so perhaps that perk is what draws highly educated foreigners. Additionally, 13% of respondents had a PhD (compared to 6% globally), which, together with Sweden, is the highest percentage among the listed top 10.
One expat from Indonesia says, "I prefer the work-life balance, which I do not get anyplace else," while another from Portugal cites the "balance between work and private life" as a benefit of living in Denmark.
In fact, compared to three in five people globally (60%), more than seventy-five percent of expats in Denmark are satisfied with their work-life balance (76%). Even so, their overall job satisfaction (62%) is just somewhat higher than the global average (64%).
2. United Kingdom
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| The UK is one of the best countries to work in. Photo: Work Permit |
Although it's uncertain where the nation will stand after Brexit, the UK is currently among the top ten in terms of pay and one of the best to work in. So, if financial gain is your main motivation for seeking a job overseas, the UK should be quite high on your list of priorities.
In terms of banking, IT, digital and scientific advancements, and AI, the UK is among the most influential countries in the world. Because of this, it attracts people from all over the world who are knowledgeable in various fields and want to make the greatest use of their knowledge.
The UK has a very low unemployment rate, yet there is a severe shortage of skilled workers. Industries throughout the world are looking for highly trained professionals and offering them good financial incentives to come and work in the UK.
3. Norway
Norwegian expats are quite happy with their work-life balance (72%) and their hours worked (77%). In actuality, they work 42.9 hours a week on average, which is 1.4 hours less than international expats with full-time jobs (44.3 h).
According to a British expat, "work-life balance is really essential here and jobs are often quite family-friendly."
In addition, 13% of Norwegian expats have a gross annual household income of more than 150,000 USD; the only country in the top 10 countries mentioned where this percentage is greater (14%) is New Zealand.
Therefore, it is not surprising that 72% of foreigners think they earn more money in Norway than they would in a comparable position back home. This is not just significantly higher than the worldwide average (51%) but also the highest percentage among the top 10 nations for work-life balance.
It is easy to see why 21% of expats claim that their disposable household income does not cover all of their daily needs when 71 percent of expatriates rate the cost of living in Norway negatively (compared to 35% globally).
4. The Czech Republic
Out of the top 10 countries highlighted, Czech Republic expats put in the most labor (44.9 h), which is even a little bit more than the world average (44.3 h). Despite this, they remain usually happy with their work-life balance (73% vs. 60% globally) and their hours worked (76% vs. 61% globally).
"I have great working circumstances here. An Australian expat claims, "My employer provides me with a number of benefits, including additional vacation days and fantastic healthcare.
Additionally, they appear to have the highest levels of satisfaction with their job stability (74% vs. 57% globally) and career possibilities (65% vs. 53% globally), both of which rank among the top 10 nations with the best work-life balance.
An expat from Russia sums up, "I like everything that is linked with my career," and three-quarters of expats (75%) concur by positively ranking their overall job satisfaction.
5. New Zealand
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| New Zealand - Photo: Youtube |
Only 7% of expats in New Zealand work full time, which is the lowest number among the top 10 destinations and 10% less than the global average (83%), indicating that the majority of them are coming there for a higher quality of life (26%) rather than for work-related reasons. Additionally, compared to the global average, people who work full-time spend exactly two hours fewer in the workplace (42.3 h vs. 44.3 h).
Perhaps this is one of the factors contributing to the exact three-quarters of foreign nationals who work in New Zealand reporting overall satisfaction with their work-life balance and hours. A British expat loves the "usually relaxed and amicable lifestyle" without a doubt.
Despite not being overworked, New Zealand has the largest percentage of expat households with a gross annual income of more than 150,000 USD per year among the top 10 listed nations. This could be a factor in the 89 percent of expats who say they are generally happy with their lives overseas, making them the happiest people in the world.
 How Many Hours Work Legally In New Zealand and Foreign Students |
6. Sweden
Over three-quarters (77%) of expats in Sweden are satisfied with their working hours, and nearly seven in ten (69%) are happy with their work-life balance. This suggests that expats in Sweden have a decent working life.
Similar to New Zealand, they only put in 42.3 hours a week for a full-time job, as opposed to the global average of 44.3 hours. Additionally, 65% of respondents are satisfied with their job security, compared to 57% globally, and 56% are satisfied with their career prospects, compared to 53% globally.
A German expat claims, "There are many job options and a wonderful work-life balance." The interesting thing is that, compared to the global average (64%), just three out of five people (60%) are satisfied with their jobs overall.
7. Costa Rica
Expats in Costa Rica work 44.3 hours a week, which is exactly the same as the global average for expats. While just 60% of people worldwide are happy with their work-life balance, 68 percent of expats in Costa Rica are content with this aspect.
Unfortunately, it appears that the long hours are not worth it: just 44% of expats in Costa Rica (compared to 48% globally) find that their disposable household income is greater than what they need to meet all daily expenses.
An American expat claims, "It is exceedingly expensive to live here, and you're not compensated well."
Compared to only 29% of expats globally, more than half of Costa Rican expats (42%) estimate that their current pay is less than what they would make in a comparable job back home.
8. The Netherlands
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| Photo: Broke-Ass Stuart |
Compared to 45 percent globally, three out of every five expats (60%) considered the economy and labor market of the Netherlands as a possible plus before migrating overseas. Perhaps the strong economy enables expats to work 2.3 hours fewer per week than the average person worldwide for a full-time position (42 h vs. 44.3 h).
In fact, in the Netherlands, 75% of people are satisfied with their work-life balance, and 76% with their working hours. More than half of expats in the Netherlands (51%), which is not only 11 percentage points more than the global average but also the biggest share among the locations on this list, have a master's degree or a degree of a similar caliber.
Additionally, the primary industries or sectors differ slightly from the global average: 17% of people work in information technology (IT) compared to 9% globally, banking (12% vs. 8%), and manufacturing & engineering (11% vs. 8%).
| “Life is hassle-free and very relaxed,” an expat from Canada thinks, while a French expat appreciates the “great working conditions”. |
9. Malta
Similar to New Zealand, the most frequently cited reason for moving to Malta is a better quality of life (27%), while only 15 percent mention work-related reasons.
Moreover, around three-quarters of expats in Malta work full time (77%), the second-smallest share out of the ten countries featured here, after New Zealand. However, in contrast to New Zealand, those who do work full-time spend 43.9 hours per week at work, which is only slightly below the global average (44.3 h). Nonetheless, expats in Malta report above-average happiness with their working hours (67%) and work-life balance (72%).
A Croatian expat likes the “opportunity to work and earn well”, which seems to be the case for the majority of those living in Malta. More than half (52%) state that their disposable household income is more than enough to cover everything they need for daily life, which is slightly above the global average (48%).
With another 66 percent rating their job security positively (vs. 57% globally), it might not come as a surprise that three-quarters of expats in Malta (75%) are overall satisfied with their job — this is the highest share out of the featured countries, together with the Czech Republic and New Zealand.
Only the career prospects seem to spoil the mood as only 43 percent rate this factor positively, compared to 53 percent globally.
10. Australia
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| Photo: foryouandyourcustomers |
Among gap year travelers, Australia is one of the best places to work abroad for short-term work opportunities. Most find jobs in the service or hospitality industry or seek work through agencies placing them in short-term jobs in Australia.
If you have some background in the service industry, you can work as a tour guide, bartender, housekeeper, or restaurant staff. Seasonal agricultural work is also very popular among temporary job seekers. While it won’t be easy work, many agricultural job placements include room and board.
11. USA
There are many of chances for part-time or seasonal employment in a nation as big and diverse as the United States. International workers make up more than 15% of the American labor force.
The majority of those positions are either extremely technical and high-skilled or physically taxing. Your chances of working overseas in the U.S. in a higher-paying position increase with your degree of education and English fluency.
| Moving to a new country for financial gain can work for both you and the country that gets your skills Many nations are happy for expats to swap their valuable abilities for financial compensation because they are fully aware that expats enter for financial reasons. In fact, they make a point of positioning themselves as the ideal places to work, luring individuals with in-demand skills like you to settle in their nation. |
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