Vietnam Tops Expat Insider 2024 Survey, India Ranks 6th

Tags: INDEX

Vietnam has topped the Expat Insider 2024 Survey's Personal Finance Index for the fourth consecutive term. 

An Overview of the News

  • In Vietnam, 86% of expatriates rated the cost of living positively, with 65% satisfied with their financial situation and 68% considering their household income comfortable for survival.

  • India ranked 6th among the top 10 most affordable countries for immigrants according to the survey.

  • Colombia significantly improved its ranking from 7th place in 2023 to 2nd place in 2024. It was followed by Indonesia and Panama, which ranked 3rd and 4th respectively in the affordability index.

Top 10 Most Affordable Countries for Expats in 2024:

RANK

COUNTRY

1st

Vietnam

2nd

Colombia

3rd

Indonesia

4th

Panama

5th

Philippines

6th

India

7th

Mexico

8th

Thailand

9th

Brazil

10th

China

About the Expat Insider 2024 Survey:

  • The survey covered over 12,000 expatriates across 174 territories worldwide.

  • To be included in the rankings, a country needed at least 50 respondents; this year, 53 destinations met this criterion.

  • Evaluation criteria included quality of life, digital connectivity, housing availability, career prospects, salary levels, and job security.

  • Financial reasons were cited as motivating factors among expatriates in countries like Panama (15%, compared to 12% globally), the Philippines (5%), and Thailand (4%).

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