There are numerous factors to consider before moving abroad. The Huffington Post includes here the effect of transfer on a person's daily life, how it will impact the person's family, will health care meet the individual's needs, and is it the right move for one's career and bank account.

Global financial services company HSBC asked a range of questions to 27,000 expats from 190 different countries and territories and the results of the annual Expat Explorer Survey is finally released.

Below are the five best countries in the world to live in as an expat:

1. Singapore

The city-state of Singapore rates very high when it comes to safety on a political, economic, and personal level. Condé Nast Traveler reveals that three quarters of expats feel like the country's economy will remain strong, four in five feel safer than they did at home, and 89 percent are confident about continued political stability.

2. New Zealand

The runner-up is New Zealand which perfectly reflects the expat's quality of day-to-day life, how easily they can integrate into society, and the ease of finding accommodation and getting settled. The respondents also want an easygoing, friendly environment, with the added benefit that from mountaineering to kayaking.

3. Canada

This is the only North American entry into the top 10 which expats is praising for its culture of tolerance (69 percent said that the country was more welcoming to people of different backgrounds than their own) and safety, with 66 percent saying they felt more secure in Canada than back home. In fact, percent of expats report living there for longer than five years and three-quarters of them reporting that they own property there.

4. Czech Republic

Majority of the expats mostly cite the quality of education and other metrics related to family life as the reason why they chose Czech Republic. It also has the upper hand in other categories, particularly to more intangible things like lifestyle and culture.

5. Switzerland

When it comes to economic indicators, Switzerland leads the pack. On the average, expats in Switzerland earn a hefty $188,000 a year and more than half (56 percent) report being able to build long-term investments and savings faster than the global average.

The other countries that landed on the sixth and tenth spot includes Norway, Austria, Sweden, Bahrain and Germany.