In 2024, the top 10 most popular cities for expats seeking to relocate will be revealed.

Many people are finding it easier to live and work overseas in the increasingly globalized world.

The 2024 Decoding Global Talent Report by Boston Consulting Group (BCG) in collaboration with The Network and The Stepstone Group states that one in four professionals worldwide are actively seeking job opportunities abroad.

Despite economic and geopolitical concerns, an increasing number of individuals are seeking job opportunities abroad, according to a report.

The percentage of people who are actively mobile increased from 21% in 2020 to 23% in 2023, according to a global study based on over 150,000 survey respondents in 188 countries.

According to a report published on April 24, up to 800 million professionals could be actively seeking employment overseas.

According to the report, the three most common reasons for relocating overseas among respondents are economic opportunities, career advancement, and the potential for a better quality of life.

A study revealed that 92% of global employer leaders consider attracting and retaining talent as one of their top three priorities.

According to a report by BCG in 2022, companies with greater global diversity are more innovative and successful. They generate higher profits and are 75% more likely to be world-class innovators.

Top 10 destination cities for global talent

1. London (9%)
2. Amsterdam (8%)
3. Dubai (7%)
4. Abu Dhabi (7%)
5. New York (6%)
6. Berlin (5%)
7. Singapore (5%)
8. Barcelona (5%)
9. Tokyo (5%)
10. Sydney (4%)

Since 2014, London has consistently ranked first in the 2024 Decoding Global Talent report, which is the latest in a series that began 10 years ago.

According to the survey, 9% of the respondents expressed their willingness to relocate to London.

The report highlights the top factors contributing to the city's dominance, including English as the primary language, a diverse global network of talent, abundant financial opportunities, a welcoming and multicultural brand, and easy access to both Europe and the U.S.

In Asia, Singapore was the top destination and ranked 7th. The island-nation experienced the largest influx of talent from nearby countries, including Malaysia (30%), Thailand (22%), Indonesia (19%), Philippines (14%), and Hong Kong (13%).

The quality of job opportunities in Singapore attracted 74% of those willing to relocate to the island-nation.

A survey revealed that 57% of respondents considered Singapore's quality of life, income, tax, and cost of living when choosing to live in Singapore. Additionally, more than half (55%) of the respondents cited safety, stability, and security as factors that influenced their decision to make Singapore their top destination for work.

• Singapore (7th)
• Tokyo (9th)
• Sydney (10th)
• Melbourne (14th)
• Auckland (16th)
• Bangkok (17th)
• Beijing (25th)
• Kuala Lumpur (26th)
• Osaka (30th)

The idea that leaving talent can benefit origin countries may seem counterintuitive, as it appears to be causing "brain drain," according to the report.

The Center for Global Development reported that departures can promote the dissemination of knowledge and technologies in origin countries and help those countries connect more firmly to the aggregate global brain.

Hiring global talent offers numerous benefits for both employers and employees in today's world.

The 2024 Decoding Global Talent Report states that other countries can be a valuable source of talent for employers and nations that harness the energy of millions of mobile workers with aspirations.

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