30 Best Countries in the World According to Immigrants

Published on July 6, 2023 at 1:18 am by Sana Ijaz in Lists, News

In this detailed article, we will look at the 30 best countries in the world to settle in and understand the environment they present to migrants. Along with the percentage of migrants in these countries’ populations, we’ll also discover the policies and inclusiveness they offer. If you want to get to the top-ranking countries in this regard, read 10 Best Countries In The World.

Defining the best countries in the world can be multifaceted, as factors including employment, education, public safety, and inclusivity significantly impact a country’s status. However, our study posits that a key aspect of this evaluation must be a country’s approach toward migrants, considering global trends of increased mobility.

Migrant acceptance, an indicator gauging societal attitudes towards immigrants, is a significant indicator in this aspect. It measures public sentiment towards migrants by examining natives’ comfort level with incomers. High acceptance indicates a more inclusive society that values cultural diversity, a critical attribute for countries vying for the ‘best’ title.

Once we move beyond the acceptance of migrants, employment is a pillar of societal stability. Countries providing abundant, fair-paying job opportunities for all residents, native and immigrant alike, reflect a strong economy and promising living conditions.

Which Country Is Known For Immigrants?

Countries with the highest net wealth present a more accepting environment for immigrants when paired with inclusive visa policies. Therefore, the United States is one of the best countries in the world in terms of opportunities, quality of life, and inclusiveness. The United States also has the highest net wealth in the world, and has a GDP of $23 trillion as of 2021. Along with a thriving economy, the United States ranked the highest in the World Digital Competitiveness Report, hinting at more opportunities for extraordinary people from across the globe.

Canada also has an immigration policy in place to retain top-skilled workers, evidenced by its above average attractiveness score of 0.572 and employment percentage of 73.3% for foreign-born people. Likewise, Germany has emerged as a top destination for migrants from across the globe, owing to its massive investments in technological research and innovative work culture. In 2021 alone, Germany had 97,314 patents, making it the 9th most technologically advanced country. Switzerland also has excellent digital connectivity and is amongst the most advanced countries in the world.

Another determining factor in deciding the best country to live and work in is how peaceful it is. In this respect, New Zealand, Denmark, and Austria are the top countries. We have already covered the 35 safest countries in the world; give the detailed analysis a read to better understand the world’s livability stats.

Which Country Is The Best To Move To?

The International Organization for Migration (IOM) has produced its flagship world migration reports every two years since 2000. The World Migration Report 2022 states that the United States continues to hold its position as the premier destination for international migrants, accommodating upwards of 51 million individuals. Germany is another destination of note for migrants because of its supportive work culture; it currently hosts 16 million international migrants.

However, the number of migrants in a country does not indicate how livable it is for migrants because issues like no citizenship, limited rights, and wage exploitation also come into play. Therefore, the best country to live in the future is the one that presents safe living conditions for migrants and natives alike.

Speaking of business attractivness, Canada is the most appealing destination for start-up entrepreneurs among OECD countries. The country has this status because of its accessible venture capital ecosystem, structured taxation system, citizenship attainment, and unique start-up visa program that provides several benefits for prospective start-up founders.

Likewise, France leads the way regarding policy framework beneficial to international start-up ventures coupled with the start-up visa. Moreover, the country offers international start-up founders a comparatively extended duration to expand their enterprise prior to necessitating a visa status alteration.

Other economies within Europe, such as Ireland and Portugal, despite experiencing limitations in the quality of opportunities — as indicated by a relatively scant number of unicorns, i.e., billion-dollar companies — exhibit compensatory strengths. These include beneficial taxation structures, with Ireland offering low corporate tax rates and both nations providing generous R&D tax concessions.

Where Do Most Immigrants Come From?

According to IOM, India has the highest number of emigrants, with approximately 18 million of its citizens residing abroad. Mexico holds second place as its overseas population reaches a significant 11 million. Russia claims the third position on the emigrant leaderboard, followed closely by China, accounting for around 10.8 million and 10 million overseas residents, respectively. Noteworthy is the Syrian Arab Republic, constituting the fifth top origin country, with a diaspora of over 8 million because of substantial displacement and resultant refugee status endured over the past decade, due to the ongoing civil war in the country.

When it comes to remittances, India, China, Mexico, the Philippines, and Egypt were (in descending order) the top five remittance recipient countries in 2020. India and China were well above the other three countries, with total inward remittances exceeding $59 billion, as per the IOM report. However, this data does not capture unrecorded flows from informal channels. Therefore, the actual magnitudes of global remittances are likely to be larger than available estimates.

Migrants As Founders And Key Players

Giving immigrants enough resources and freedom to utilize their skills is something only a few countries do, the U.S. being at the top in this regard. According to research conducted by the National Foundation for American Policy, over half of U.S. start-up enterprises valued at $1 billion or more (specifically, 319 out of 582, which translates to 55% as of May 2022) were initiated by immigrants.

Moreover, 64% of these billion-dollar ventures are helmed by either immigrant founders or their first-generation descendants. A remarkable 80% of such privately held companies with valuations exceeding $1 billion have immigrant leadership in roles ranging from founders to chief executive officers and heads of engineering.

A noteworthy company founded by immigrants in the U.S. is Nutanix Inc (NASDAQ:NTNX), instituted by Mohit Aron and Ajeet Singh from India. Nutanix Inc (NASDAQ:NTNX) has a current market cap of $6.613 billion and 6000+ employees as of current. Based in San Jose, Nutanix Inc (NASDAQ:NTNX) software company offers a platform for apps, analytics & machine learning, databases, and more.

Likewise, Sergey Brin, born in Russia, co-founded Google with Larry Page and was the CEO of Alphabet Inc. (NASDAQ:GOOG) until 2009. Another key immigrant in Alphabet Inc. (NASDAQ:GOOG) is Sundar Pichai, hailing from India. Sundar Pichai is the CEO of Alphabet Inc. (NASDAQ:GOOG) since 2015.

Elon Musk, the founder of Tesla Inc. (NASDAQ:TSLA), SpaceX, OpenAI, and more, is also a migrant. Musk was born in South Africa, moved to the U.S. for a bachelor’s in 1995, and shortly founded his first company Zip2. Elon Musk is the current CEO of Tesla Inc. (NASDAQ:TSLA) and is also the wealthiest man in the world as of current. Tesla Inc. (NASDAQ:TSLA) has a market cap of $874 billion at the time of writing this article, and its market share is on the rise, owing to the increase in its sales volume.

Aside from the U.S., 49% of the fastest-growing start-ups in the U.K. have at least one foreign-born co-founder. For instance, Revolut, the U.K.’s most valuable fintech company, valued at $33 billion, has a Russian-origin CEO and co-founder along with a dual (British-Ukrainian) national co-founder, named Nikolay Storonsky and Vlad Yatsenko, respectively.

Our Methodology

We ranked the best countries in the world based on their attractiveness score for potential migrants, their current migrant population percentage, and the employment rate for foreign-born people. We then averaged these three metrics and ranked the best countries in the world in ascending order of high average to describe their desirability for incoming settlers.

We checked the top countries’ attractiveness ranking from the OECD report on What is The Best Country For Global Talents in OECD. This report ranked countries based on multifaceted dimensions like: Quality Of Opportunity (focusing on migrant unemployment rate), Income and Tax (indicative of earnings of highly skilled workers), Future Prospects (based on nationality acquisition for migrants), Family Environment (likelihood of the spouse and children to join), Inclusiveness (share of highly skilled migrants in working age population), Visa and Admission, Policy, and Quality Of Life, among others. OECD ranked the top countries for skilled workers to settle in on a score of 0-1, with 1 being the highest attractiveness score for the migrant population.

For detailed insights on countries’ stock of migrant population, we referred to the Knomad database shared by The World Bank. Lastly, we checked these 30 nations’ employment rates for the foreign-born population from OECD.Stat.

Based on our findings for the most attractive countries for migrants, here are the best countries in the world in 2023.

Best countries in the world:

30. South Korea

Composite Ranking: 30

Attractiveness Score For Potential Immigrants: 0.491

Employment Rate For Foreign-Born People: 64.8%

Stock Of Immigrants As Percentage Of Population: 2.5%

The Republic of Korea claims a compelling proposition for talented workers with an attractiveness index of 0.491. Such a promising score reflects the nation’s substantial opportunities for economic advancement, robust social infrastructure, and admirable quality of life. Notably, immigrants currently constitute 2.5% of South Korea’s populace, owing to the nation’s dependence on local languages.

29. Japan

Composite Ranking: 29

Attractiveness Score For Potential Immigrants: 0.51

Employment Rate For Foreign-Born People: 63.80%

Stock Of Immigrants As Percentage Of Population: 1.9%

Japan can be a magnet for potential immigrants, with its current attractiveness index score of 0.51. Immigrants comprise approximately 1.9% of the total Japanese population. This comes amidst a significant shift in policy frameworks under the latter tenure of the late Prime Minister Shinzō Abe. Policy amendments in 2017 and 2018 facilitated the acquisition of permanent residency for skilled labor and expanded visa accessibility for blue-collar workers, and paved the way for a broader strategy of economic reform.

28. Poland

Composite Ranking: 28

Attractiveness Score For Potential Immigrants: 0.45

Employment Rate For Foreign-Born People: 80.4%

Stock Of Immigrants As Percentage Of Population: 1.7%

Poland exhibits an attractiveness index of 0.45, which reflects its socioeconomic stability and inclusive labor market opportunities. The nation provides an inviting atmosphere for overseas individuals seeking residence and employment opportunities. Intriguingly, only 1.7% of the country’s total population is immigrant, but the secure citizenship acquisition process and a global peace index score of 1.552 makes Poland a good country to settle in (as 1 is the highest score as per the Global Peace Index Report).

27. Hungary

Composite Ranking: 27

Attractiveness Score For Potential Immigrants: 0.525

Employment Rate For Foreign-Born People: 80.3%

Stock Of Immigrants As Percentage Of Population: 4.7%

The Central European nation offers a robust socioeconomic environment, indicative of its 0.525 attractiveness score based on OECD variables, for both habitation and occupational pursuits. Remarkably, Hungary’s employment rate for foreigners is 80.3%, one of the highest in the world.

26. Lithuania

Composite Ranking: 26

Attractiveness Score For Potential Immigrants: 0.465

Employment Rate For Foreign-Born People: 68.2%

Stock Of Immigrants As Percentage Of Population: 7.5%

Lithuania is a notable candidate in the global migration matrix with an attractiveness score of 0.465 for prospective migrants. Additionally, a relatively sizable proportion, constituting 7.5% of Lithuania’s total population, is represented by immigrants. When paired with a 68.2% employment rate for foreign-born people, the country substantiates its accessibility to external populations.

25. Finland

Composite Ranking: 25

Attractiveness Score For Potential Immigrants: 0.559

Employment Rate For Foreign-Born People: 66.2%

Stock Of Immigrants As Percentage Of Population: 5.4%

Finland’s score on the OECD’s list of countries that attract the most immigrants is 0.559. The nation’s socioeconomic stability and high quality of life make it a lucrative environment for living and employment. Currently, Finland’s immigrant stock comprises approximately 5.4% of the total populace.

24. Spain

Composite Ranking: 24

Attractiveness Score For Potential Immigrants: 0.499

Employment Rate For Foreign-Born People: 60.4%

Stock Of Immigrants As Percentage Of Population: 14.2%

Spain’s attractiveness score for highly skilled migrants is 0.499, exhibiting a blend of strong infrastructure and an appealing lifestyle. It’s noteworthy that 14.2% of the population is constituted by immigrants, reflecting the country’s welcoming atmosphere and progressive integration policies. Spain is also amongst the wealthiest countries in the world.

23. France

Composite Ranking: 23

Attractiveness Score For Potential Immigrants: 0.539

Employment Rate For Foreign-Born People: 61.1%

Stock Of Immigrants As Percentage Of Population: 11.3%

With an attractiveness score of 0.539, France is a prime destination for prospective migrants, particularly those of high skill. The nation has a diverse demographic composition, of which 11.3% comprises immigrants, which is indicative of its inclusive socio-political climate. Despite being small, surprisingly, France is also the 6th richest country globally, with a whopping net wealth of $15.992 trillion.

22. Slovak Republic

Composite Ranking: 22

Attractiveness Score For Potential Immigrants: 0.5

Employment Rate For Foreign-Born People: 73.7%

Stock Of Immigrants As Percentage Of Population: 2.9%

The Slovak Republic has an attractive quotient of 0.5 for potential migrants and, more specifically, highly skilled workers. The central European nation furnishes a promising living environment and work opportunities. Remarkably, it already accommodates an immigrant populace constituting 14.2% of its total demographic. However, it is to be noted that despite being a high-income country, the Slovak Republic is said to face considerable regional differences in wealth and employment.

21. Czech Republic

Composite Ranking: 21

Attractiveness Score For Potential Immigrants: 0.47

Employment Rate For Foreign-Born People: 79.8%

Stock Of Immigrants As Percentage Of Population: 7.1%

With an attractiveness score of 0.47 for global talent, the Czech Republic appeals to prospective migrants. Immigrants constitute approximately 7.1% of the population, signifying the Czech Republic’s receptiveness to demographic diversity. This nation, therefore, stands as a commendable choice for individuals seeking opportunities abroad.

20. Latvia

Composite Ranking: 20

Attractiveness Score For Potential Immigrants: 0.44

Employment Rate For Foreign-Born People: 67.1%

Stock Of Immigrants As Percentage Of Population: 16.1%

Latvia is among the best countries in the world by many measures. It presents a compelling profile with an attractiveness score of 0.44 in the OECD report on best countries for global talent. The Northern European nation delivers a balance of economic opportunity and infrastructural efficiency for prospective migrants. It is noteworthy that 16.1% of Latvia’s current demographic fabric is composed of immigrants.

19. Belgium

Composite Ranking: 19

Attractiveness Score For Potential Immigrants: 0.532

Employment Rate For Foreign-Born People: 59.4%

Stock Of Immigrants As Percentage Of Population: 16%

Belgium holds a migrant attractiveness score of 0.532 because of its potential as a conducive destination for the international workforce. The country has an inclusive demographic profile wherein 16% of the populace constitutes immigrants. Belgium provides a high-quality living standard and favorable work conditions giving it a place among the top 20 countries in the world.

18. Denmark

Composite Ranking: 18

Attractiveness Score For Potential Immigrants: 0.569

Employment Rate For Foreign-Born People: 70%

Stock Of Immigrants As Percentage Of Population: 9.9%

Denmark is one of the best countries in the world. It has an attractiveness score of 0.569 for skilled migrants. Bolstered by high living standards, the country’s employment rate for foreigners reaches up to 70%. Also, Denmark’s current immigrant stock is 9.9%, which hints at its successful integration policies.

17. Netherlands

Composite Ranking: 17

Attractiveness Score For Potential Immigrants: 0.575

Employment Rate For Foreign-Born People: 66.8%

Stock Of Immigrants As Percentage Of Population: 11.7%

The home of the Dutch is among the most attractive countries in the world. With a commendable migration attractiveness index of 0.575, the Netherlands claims a spot amongst the top 10 countries in the world. Complementing this, the country sustains a rich cultural mosaic, with immigrants constituting 11.7% of its population. The Netherlands is also the 14th richest country globally, with a net wealth of $5.422 trillion as per the Global Wealth Databook 2022. Hence, it exemplifies an exemplary destination for potential migrants seeking life-enriching experiences and professional advancements.

16. Austria

Composite Ranking: 16

Attractiveness Score For Potential Immigrants: 0.48

Employment Rate For Foreign-Born People: 67.6%

Stock Of Immigrants As Percentage Of Population: 18%

Being the 5th safest country in the world (as per the global peace index score) and having a $1.825 trillion net wealth makes Austria one of the best countries in the world. The country also boasts an attractiveness score of 0.48 in the multi-dimensional research conducted by the OECD. Significantly, immigrants constitute approximately 18% of Austria’s population, and the employment rate for the foreign-born population in the country is 67.6%.

15. Germany

Composite Ranking: 15

Attractiveness Score For Potential Immigrants: 0.55

Employment Rate For Foreign-Born People: 68.3%

Stock Of Immigrants As Percentage Of Population: 13.8%

Germany is one of the top countries with highest quality of life. With a migration attractiveness score of 0.55, Germany competes to be the best country to live and work for highly skilled workers. The nation offers an optimal synthesis of economic stability, cultural richness, and advanced infrastructure. Germany’s stock of immigrants is approximately 13.8% of the total population and validates its eminent status in the international arena of migrant choice. Besides its impressive attractiveness for skilled workers, Germany’s net wealth of $17.489 trillion presents lucrative opportunities for new settlers.

14. Slovenia

Composite Ranking: 14

Attractiveness Score For Potential Immigrants: 0.528

Employment Rate For Foreign-Born People: 67.6%

Stock Of Immigrants As Percentage Of Population: 17.7%

Slovenia is amongst the countries that attract the most number of immigrants, indicated by its attractiveness score of 0.528 for highly talented workers. The Balkan nation is celebrated for its commendable standard of living and robust employment opportunities. It serves as a chosen sanctuary for 17.7% of its population, composed of immigrants.

13. Estonia

Composite Ranking: 13

Attractiveness Score For Potential Immigrants: 0.52

Employment Rate For Foreign-Born People: 71.2%

Stock Of Immigrants As Percentage Of Population: 15%

Estonia is one of the most desirable countries in the world. Its attractiveness score for skilled workers is 0.52, and it exhibits significant promise as a desirable destination for global mobility. Correspondingly, the country has witnessed an upsurge in its immigrant population, which now comprises approximately 15% of the populace. This demographic trend, coupled with a 71.2% employment rate for the foreign-born population, underpins the growing international recognition of Estonia as a favorable habitat.

12. Portugal

Composite Ranking: 12

Attractiveness Score For Potential Immigrants: 0.56

Employment Rate For Foreign-Born People: 76.9%

Stock Of Immigrants As Percentage Of Population: 8.5%

Portugal has an attractiveness score of 0.56, indicating its commendable appeal to potential immigrants. The Southern European nation’s immigrant stock currently constitutes 8.5% of the total population and has a good work-life balance. Portugal’s well-deserved reputation as a prime destination for prospective migrants shows from its 79.6% employment rate of the foreign-born population.

11. Iceland

Composite Ranking: 11

Attractiveness Score For Potential Immigrants: 0.54

Employment Rate For Foreign-Born People: 77%

Stock Of Immigrants As Percentage Of Population: 10.9%

Iceland boasts an attractiveness score of 0.54 and is a commendable destination for those possessing high skill sets. The nation’s stock of immigrants totals 10.9% of the total populace. Iceland’s enticing work-life balance, solid infrastructure, and high living standards can make it the best country to live in the future for international talent. Along with being one of the top 20 countries in the world, Iceland is also the safest country, per the Global Peace Index Report of 2022.

Click to continue reading 10 Best Countries in the World.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Published on May 1, 2024 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 75%.

For a ridiculously low price of just $24, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

The Name of the Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.
Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
Lifetime Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund ANYTIME, no questions asked.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

Head over to our website and subscribe to our Premium Readership Newsletter for just $24.
Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.
Sit back, relax, and know that you’re backed by our ironclad lifetime money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

A New Dawn is Coming to U.S. Stocks

Published on May 2, 2024 at by Insider Monkey Staff

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Log In

Sign Up