We live in the Age of Mobility. People of every generation are constantly on the move these days, changing cities and states to follow jobs, passions and, occasionally, even love.
The thing is, not all of these new homes have to be traditional or even stateside. Lots of Americans move overseas for any number of reasons, and life as an expat can be an extraordinary adventure if you know where to go. How do you figure that out? Try asking the people who've already done it.
Read on, even you veteran travelers out there. The results will surprise you.
- Ransomware is the new malware that could ruin your finances
- Looking to score cheaper plane tickets? Try a fake location
- How do the rich give away their money? Not that effectively, according to them
Editor's note: This post originally stated that the survey was conducted by Expat Insider and a second organization. It turns out the Expat Insider Survey 2014 was conducted by InterNations.
On a list of best places to live as an expat, almost no one would have picked Ecuador. Paris? You bet. Vietnam? Thailand? Sure! You can't take five steps in Chiang Mai without tripping over a farang, and the Latin Quarter's backpacker-staffed Shakespeare and Company is legendary. But Ecuador?
Evidently we've all been missing out.
Ecuador ranked high on almost every metric surveyed, including personal finance, making friends, and personal happiness. "It is," according to Expat Insider's report, "unsurprising that over nine out of ten expats (91%) report being satisfied with their life in Ecuador. [And] it makes sense that almost half the expats in Ecuador plan to stay there 'possibly forever.'"
This is the home of a career expat, the company man who's spending a few years abroad in a foreign office.
Like virtually all wealthy countries its size, Luxembourg is a major financial capital, and plenty of foreigners move here for its banks and markets. (For a fictionalized insight into life as an outsider in this beautiful, tiny nation, look no further than Chris Pavone's The Expats.)
Still, work isn't everything. While an overwhelming majority of expats in Luxembourg say that they're happy with their lives right now, only about one in three plan to stay there for the long haul. Their biggest motive for moving out of a fairy tale country within a few hours of Amsterdam, Paris and the Black Forest?
Companionship. Overwhelmingly, expats in Luxembourg report that they struggle to make friends.
Unlike Luxembourg or Ecuador, Mexico fits expats like a glove. It is "the clear winner in the Ease of Settling In Index," with nearly 44 percent of expats saying that they'd like to simply stay there forever enjoying the beautiful weather, spectacular food and outgoing culture.
All in all, it's a pretty darn good showing for a country that most Americans still regard with fear and suspicion, but also somewhat surprising given that many expats living in Mexico agree with them. Less than two-thirds of respondents were happy with their level of personal safety, leading to a bizarrely high number of people who claim to be perfectly content while living in fear.
Meanwhile, anchoring the other end of the list are the three top places for a U.S. expat to avoid.
Saudi Arabia and Kuwait
Greece (#59), Saudi Arabia (#60), and Kuwait (#61) were at the bottom of the list.
No surprises about Saudi Arabia and Kuwait. Middle Eastern countries have long had steep learning curves for Westerner expatriates. Indeed, both of these countries nearly or dead last on metrics such as Quality of Life, Settling In and Personal Happiness.
Greece, on the other hand, is a surprise.
Although expat life in Greece can be excellent, with a culture that emphasizes joie de vivre and some of the world's most beautiful landscapes both inland and coastal, none of that was enough to overcome the country's current economic struggles. Greece took last place in jobs and careers overall, last place in job security and last place in personal finance, making it an excellent destination perhaps for retirees or the self-employed, but a clear loser for anyone who's looking for work.