In this article, we will discuss the top 15 skilled migration visa countries in the world. You can skip our detailed discussion and see the Top 5 Skilled Migration Visa Countries in the World.
Skilled workers leave their home countries primarily for better economic opportunities, career advancement, and improved quality of life. Developing regions often suffer from limited job prospects, lower wages, and economic instability, pushing professionals to seek higher salaries and job security in developed countries. Additionally, advanced economies offer superior career development resources such as cutting-edge technology, state-of-the-art infrastructure, and ample opportunities for further education and training, which are often scarce in their home countries. Visa programs targeting skilled professionals further facilitate this migration. Consequently, skilled workers are drawn to environments where they can achieve financial stability, professional growth, and a better lifestyle for themselves and their families. According to a recent survey conducted by Robert Half, more than 62% of the global workforce is open to relocating to another country for better job opportunities.
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Skilled Workers Transforming Labor Markets in the West
Developed economies are enthusiastic about welcoming skilled professionals; they see it as a strategic move to boost population growth, address pressing labor shortages, and benefit from a pool of pre-trained, highly capable workers. In a 2023 statistics, European Commission reported that immigrants make up an increasing percentage of the total population in European countries with Germany, France, and Italy hosting to over 6 million immigrants, especially skilled workers. This cultural exchange is a win-win, as both parties stand to gain immensely from this flow of talent.
This significant migration of skilled workers from developing nations to Western markets has been driven primarily by the superior quality of life. According to the International Organization for Migration (IOM), around 272 million people migrated internationally in 2019, many of whom were drawn to these nations due to their excellent healthcare, advanced education systems, and comprehensive social services. These factors are highly attractive destinations for individuals seeking improved living standards. According to the World Economic Forum’s report, Asian developing nations are leading the current migration trend. Remarkably, over 40% of the world’s international migrants hail from Asia, and 20% of these migrants come from six countries: India, China, Bangladesh, Pakistan, the Philippines, and Afghanistan. This migration trend highlights the eagerness of people from these countries to find improved opportunities abroad.
Moreover, the allure of Western markets is not limited to financial gains alone. The prospect of living in a politically stable environment, enjoying personal safety, and achieving a healthier work-life balance are equally compelling reasons for skilled workers to migrate. These factors collectively contribute to the growing trend of professionals from developing nations seeking better prospects in Western countries, driving a significant global workforce shift.
Online job portals and social platforms play an imperative role in augmenting this strategic shift. LinkedIn owned by Microsoft Corporation (NASDAQ:MSFT) sits at the center of this movement. The online job portal assists people from developing countries in finding well-paying jobs outside of this country. The platform also assists recruiters and organizations hire from a global talent pool, reaching out to more people over time.
On June 19, Microsoft Corporation (NASDAQ:MSFT) and LinkedIn released the 2024 Work Trend Index, titled “AI at Work is Here. Now Comes the Hard Part.” Based on a survey of 31,000 people across 31 countries, LinkedIn’s labor and hiring data, Microsoft 365 signals, and research from Fortune 500 clients, the report highlights AI’s growing impact on work, leadership, and hiring. Echoing these findings, Dhanawat Suthumpun, Microsoft Corporation (NASDAQ:MSFT) Thailand’s Managing Director, stated:
“Generative AI tools have found widespread acceptance in the workplace, and we can see that most employees have placed their trust in AI to help with their daily workloads – without waiting to see if their organization will provide AI tools, services, or directions and guidelines for usage. It is critical that business leaders respond to this emerging trend in order to help both the organization and employees make the most beneficial impact from AI – from increased productivity and new capabilities to greater security from well-defined guidance around AI use.”
While we acknowledge the potential of MSFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MSFT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
With this backdrop, let’s proceed to our list of top 15 skilled migration visa countries in the world.
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Methodology
To compile the list of the top 15 skilled migration visa countries in the world, we began by identifying countries offering skilled migration visas through an assessment of individual visa records. Next, we gathered data on the inflow of skilled migrants into these countries from the Organization of Economic Co-operation and Development (OECD). We also accessed Manpower Group’s 2024 Global Talent Shortage ratings.
We grouped countries with active skilled visa programs and normalized the data for the inflow of skilled migrants and the talent shortage in each country. For both metrics, the country with the highest score received a rating of 1. The total ratings for both metrics were then summed to achieve a composite score. Finally, we ranked the countries in descending order based on their composite scores to determine the top 15 skilled migration visa countries in the world.
Note: We omitted Israel from our list due to ongoing geopolitical tensions and instability in the region, which could significantly impact the businesses and living conditions for expats.
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Now, let’s explore our list of the 15 best skilled migration visa countries in the world.
Top 15 Skilled Migration Visa Countries in the World
15. Switzerland
Inflow of Skilled Labor Score: 0.12
Skilled Labor Shortage Score: 0.85
Composite Score: 0.98
Renowned for its high quality of life and stable economy Switzerland welcomed 141,500 skilled workers in 2021. With a 73% labor shortage, Switzerland presents numerous opportunities in finance, technology, pharmaceuticals, and engineering. Professionals moving to Switzerland benefit from excellent healthcare, education, and a well-balanced work-life environment, making it an ideal place to advance their careers.
14. Ireland
Inflow of Skilled Labor Score: 0.03
Skilled Labor Shortage Score: 0.95
Composite Score: 0.98
Ireland is an attractive destination for skilled migrants, offering a robust economy and numerous job opportunities in technology, pharmaceuticals, and finance. In 2021, Ireland saw an inflow of 35,000 skilled workers, reflecting its growing appeal. With an 81% labor shortage, professionals in various sectors are in high demand, ensuring ample opportunities for career growth and development.
13. Greece
Inflow of Skilled Labor Score: 0.02
Skilled Labor Shortage Score: 0.96
Composite Score: 0.98
Greece, with its rich history and emerging economy, is increasingly attracting skilled workers. In 2021, it saw an influx of 28,700 skilled migrants. The country’s 82% labor shortage highlights the need for professionals in sectors like tourism, technology, and healthcare. Greece offers a unique blend of professional opportunities and cultural experiences.
12. Netherlands
Inflow of Skilled Labor Score: 0.18
Skilled Labor Shortage Score: 0.83
Composite Score: 1.01
The Netherlands is renowned for its quality of life and progressive work environment. In 2021, it attracted 208,100 skilled workers, thanks to its strong tech and engineering sectors. With a 71% labor shortage, the country provides ample opportunities for professionals seeking to make a mark in Europe while enjoying a high standard of living.
11. Austria
Inflow of Skilled Labor Score: 0.12
Skilled Labor Shortage Score: 0.91
Composite Score: 1.04
Austria is a prime destination for skilled migrants, particularly in engineering, healthcare, and IT. The country welcomed 139,500 skilled workers in 2021, driven by its robust economy and excellent living standards. With a 78% labor shortage, Austria offers a stable and prosperous environment for professionals to thrive and grow.
10. Portugal
Inflow of Skilled Labor Score: 0.09
Skilled Labor Shortage Score: 0.95
Composite Score: 1.05
Portugal has become a popular destination for skilled migrants due to its favorable climate, rich culture, and expanding tech industry. In 2021, the country saw an inflow of 111,300 skilled workers. With an 81% labor shortage, there are vast opportunities for professionals in technology, finance, and healthcare sectors.
9. Australia
Inflow of Skilled Labor Score: 0.13
Skilled Labor Shortage Score: 0.91
Composite Score: 1.05
Australia continues to attract skilled migrants with its high quality of life and strong job market. In 2021, it welcomed 153,800 skilled workers. The country faces a 78% labor shortage, creating numerous opportunities in fields like healthcare, engineering, and information technology. Australia’s vibrant economy and lifestyle make it an ideal destination for professionals.
8. Japan
Inflow of Skilled Labor Score: 0.07
Skilled Labor Shortage Score: 1
Composite Score: 1.07
Japan is a leading destination for skilled professionals, particularly in technology and engineering. The country welcomed 80,000 skilled migrants in 2021, driven by its advanced economy and innovative industries. With an 85% labor shortage, Japan offers significant opportunities for those looking to advance their careers in a highly developed and dynamic environment.
7. Italy
Inflow of Skilled Labor Score: 0.21
Skilled Labor Shortage Score: 0.88
Composite Score: 1.09
Italy is increasingly attracting skilled professionals, especially in sectors like fashion, design, and technology. In 2021, it saw an inflow of 243,600 skilled workers. The country’s 75% labor shortage indicates a high demand for talent, providing excellent opportunities for career growth in a culturally rich and vibrant setting.
6. France
Inflow of Skilled Labor Score: 0.21
Skilled Labor Shortage Score: 0.94
Composite Score: 1.16
France is a top choice for skilled migrants, offering a robust economy and numerous job opportunities in various sectors. In 2021, the country attracted 250,400 skilled workers. With an 80% labor shortage, France provides a fertile ground for professionals looking to advance their careers while enjoying a high quality of life and rich cultural heritage.
5. United Kingdom
Inflow of Skilled Labor Score: 0.33
Skilled Labor Shortage Score: 0.94
Composite Score: 1.27
The United Kingdom remains a prime destination for skilled migrants, especially in finance, technology, and healthcare. In 2021, it welcomed 385,800 skilled workers. The country’s 80% labor shortage underscores the high demand for talent, making it an excellent place for professionals to pursue their career aspirations in a diverse and dynamic environment.
4. Canada
Inflow of Skilled Labor Score: 0.35
Skilled Labor Shortage Score: 0.94
Composite Score: 1.29
Canada is renowned for its welcoming stance towards skilled migrants, offering ample opportunities in technology, healthcare, and engineering. In 2021, it saw an inflow of 405,800 skilled workers. With an 80% labor shortage, Canada provides a supportive and prosperous environment for professionals seeking to build a successful career and a high quality of life.
3. Spain
Inflow of Skilled Labor Score: 0.40
Skilled Labor Shortage Score: 0.91
Composite Score: 1.31
Spain is an attractive destination for skilled migrants, particularly in sectors like tourism, healthcare, and technology. The country welcomed 456,600 skilled workers in 2021. With a 78% labor shortage, Spain offers abundant opportunities for professionals to advance their careers while enjoying a rich cultural experience and a favorable climate.
2. Turkey
Inflow of Skilled Labor Score: 0.53
Skilled Labor Shortage Score: 0.89
Composite Score: 1.43
Turkey is becoming a significant hub for skilled migrants, especially in engineering, technology, and healthcare. In 2021, it attracted 615,100 skilled workers. The country’s 76% labor shortage highlights the high demand for professionals, offering numerous opportunities for career growth in a country known for its strategic location and dynamic economy.
1. Germany
Inflow of Skilled Labor Score: 1
Skilled Labor Shortage Score: 0.96
Composite Score: 1.96
Germany stands out as the top destination for skilled migrants, driven by its robust economy and advanced industries. In 2021, it saw an impressive inflow of 1,139,800 skilled workers. With an 82% labor shortage, Germany offers unparalleled opportunities for professionals across various sectors, ensuring a bright future for those looking to build their careers in a leading global economy.
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Disclosure: none. Top 15 Skilled Migration Visa Countries in the World is originally published on Insider Monkey.