ACE Money Transfer - Blog

Top Countries that Offer the Best Work-Life Balance for Expats

Top Countries that Offer the Best Work-Life Balance for Expats

25 May 2023


You will most likely be reluctant to work in a country as an expatriate if the work-life balance were non-existent there. The people of developing countries like Morocco, the world’s 60th largest economy with a nominal GDP of 126.035 billion, travel to developed countries to find better employment opportunities to earn a higher income and support their families by sending money back home. 

Many countries offer multiple opportunities in different sectors of the economy, but these come with a cost. 

You might have to work for extended hours, leaving little margin for you to spend time with family, entertain yourself, attend to the important issues pertaining to your personal life, etc. 

In such a scenario, the importance of work-life balance in a foreign country cannot be overemphasised. 

This blog will walk you through the list of countries with the best work-life balance. 
 

Moroccan economy in a nutshell

  • With a nominal GDP of $126.035 billion, Morocco is the world’s 60th largest economy. 
  • It is the 54th largest economy worldwide, with a Purchasing Power Parity (PPP) of $328.651 billion. 
  • It has a GDP per capita income of $3,441, which is 148th in the world. 
  • Its PPP per capita income is $9,325, which is 113th worldwide. 

These figures indicate that the Moroccan economy is developing and is thus unable to provide for the basic necessities of large segments of its society. 

It is the reason that about 5 million Moroccan expatriates have been living in different countries of the world for work to send money to Morocco so that they provide financial support to their families, reeling from acute poverty and rampant unemployment.


Working in a foreign country – a few reasons 

Many people go to other countries for different reasons, but when it comes to the people of third-world countries, their basic objective is to find better jobs, which they cannot find in their native countries. 

But you can have the following benefits alongside earning a decent income in a foreign country.

  • You learn new skills while you work in another country. These skills can relate to your professional even other soft skills like communication skills and network-creating skills, etc. 
  • Working in a foreign country helps you develop personally. Working out of your comfort zone and away from your support network will put you under pressure, dealing with which will develop you personally. 
  • You will have a chance to learn another language in a new environment. It helps you not only with learning but with excellence in the same that is essential for your professional growth in the country whose language it is. 
  • Working in another country helps you expand your network internationally, which is ultimately helpful in your career and professional advancement. 
  • The international work experience mentioned in your CV increases your chances of attracting other international employers and can help you get your dream job. 

These reasons are quite compelling for people to go to other countries to earn a living and use some credible money transfer service to transfer funds back home. 


List of countries with the best work-life balance

Here is the list of countries offering the best work-life balance to natives and expatriates alike. 

  • Taiwan 
    • People happy with their job – 75%
    • With work-life balance – 74%
    • With living costs – 78%
    • With healthcare services – 96%
    • With befriending new people – 62%
    • With life in general – 80%
  • Mexico
    • People happy with their job – 80%
    • With work-life balance – 72%
    • With living costs – 79%
    • With healthcare services – 68%
    • With befriending new people – 77%
    • With life in general – 89%
    • Costa Rica
    • People happy with their job – 70%
    • With work-life balance – 69%
    • With living costs – of 55%
    • With healthcare services – 83%
    • With befriending new people – 65%
    • With life in general – 88%
  • Malaysia
    • People happy with their job – 69%
    • With work-life balance – 72%
    • With living costs – 82%
    • With healthcare services – 82%
    • With befriending new people – 66%
    • With life in general – 85%
  • Portugal
    • People happy with their job – 62%
    • With a work-life balance – of 70%
    • With living costs – 75%
    • With healthcare services – 78%
    • With befriending new people – 59%
    • With life in general – 84%
  • New Zealand
    • People happy with their job – 78%
    • With work-life balance – 83%
    • With living costs – 29%
    • With healthcare services – 78%
    • With befriending new people – 54%
    • With life in general – 77%
  • Australia 
    • People happy with their job – 73%
    • With work-life balance – 76%
    • With living costs – 42%
    • With healthcare services – 88%
    • With befriending new people – 54%
    • With life in general – 80%
  • Ecuador 
    • People happy with their job – 72%
    • With work-life balance – 79%
    • With living costs – 78%
    • With healthcare services – 73%
    • With befriending new people – 68%
    • With life in general – 88%
  • Canada 
    • People happy with their job – 69%
    • With work-life balance – 72%
    • With living costs – 42%
    • With healthcare services – 78%
    • With befriending new people – 52%
    • With life in general – 76%
  • Vietnam 
    • People happy with their job – 86%
    • With work-life balance – 78%
    • With living costs – 85%
    • With healthcare services – 57%
    • With befriending new people – 67%
    • With life in general – 85%

A closer look at the areas discussed here will reveal that as an expatriate, your satisfaction and happiness in all of them will ensure you are enjoying the best work-life balance in a foreign country. 


Need for money transfers to Morocco

The basic need is to ensure the recipients lead a financially healthy living, break away from the poverty they suffer from, and ensure savings and investments. This is, of course, a distant dream with a meagre income that the people have in their native country. 


ACE Money Transfer – making money transfers easy

Global money transfer with ACE Money Transfer to over 100 countries will help you get competitive currency exchange rates, save money by paying a low fee, offer safety, speed, 24/7 service availability and access, and the comfort to initiate, track and complete a transaction on the go through the company’s user-friendly smartphone app, along with much more from just one stop!  


Tips for Expatriates

PREVNEXT
How to Obtain a Work Permit in Canada? A Brief Guide
Current Trends in the Romanian Job Market for Filipino Expats
  • Categories
  • Country