More than 3,000 expatriates from over 100 countries rated locations on a range of criteria, from food to accommodation, healthcare, transportation and work.
Nine percent of the respondents believe that Singapore combines the best of both worlds, highlighting its prime job opportunities along with good quality of life.
Meanwhile, Australia took top spot, with 10 percent of respondents preferring to live and work in the country, famous for its sun-drenched beaches and solid economy.
"The report suggests expats are putting lifestyle and well-being ahead of money and Australia wins hands down on this front," said Graham Heunis, Head of Retail Banking and Wealth Management at HSBC Bank Australia.
With only a slight difference in votes, the United States came in second, and was perceived to offer the best career opportunities with higher remuneration, said the report.
Hong Kong took fourth place, followed by Canada, the United Kingdom and France. Respondents revealed that they were drawn to Hong Kong's high income, while the UK and Canada were picked by expats due to lifestyle.
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*back in the abyss of death*
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