Panama has once again claimed the crown as the world’s top destination for expats, according to the newly released 2025 Expat Insider survey. The annual study ranks 46 destinations based on quality of life, ease of settling in, working abroad, personal finances, and expat essentials such as housing, language, and digital life, and Panama came out on top for the second year in a row.
It’s easy to see why. Panama is especially popular with retirees: 35% of respondents are already retired (compared to just 11% globally), and 18% say their primary motivation for moving was to retire there (vs. 3% worldwide). The country also shines in the Quality of Life index, where it ranks third overall, thanks to affordable public transportation (5th), excellent travel opportunities (3rd), and a beautiful natural environment (2nd). Dining (8th) and recreational sports (4th) also scored high, making it a well-rounded destination for those seeking adventure and comfort.
Colombia jumps to second place this year, climbing from fifth in 2024. Expats rave about the low cost of living (3rd) and strong personal finance score (2nd), with 81% satisfied with their financial situation (far above the 54% global average). Interestingly, financial reasons weren’t the main motivation for moving; expats were just as likely to cite love, a better quality of life, or job opportunities.
Rounding out the top three is Mexico, a long-time expat favorite. It ranks first in Ease of Settling In, where expats find it remarkably easy to make local friends (1st) and feel welcome (2nd).
The top 20 best countries for expats in 2025
- Panama
- Colombia
- Mexico
- Thailand
- Vietnam
- China
- UAE
- Indonesia
- Spain
- Malaysia
- Oman
- Saudi Arabia
- Philippines
- Cyprus
- Brazil
- Kenya
- Portugal
- Luxembourg
- Australia
- Qatar
