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Your 3rd criteria is too subjective. What may be the right balance for you might not be for others. But this answers you 2nd (and by inference your 1st criteria): Economic Freedom by Country
Canada, high economic freedom by any measure, work life balance is pretty decent.
Compared to other developed countries, Canada doesn't offer much of a work-life balance as far as I know. I believe in Canada average vacation time for starting employees is 2-3 weeks? While in the EU, 4 weeks is average and I believe it's the same in Australia.
I don't think I would be inclined to consider as objective anything fed to me by the Heritage Foundation or the Wall Street Journal. In fact, the Heritage Foundation has even admitted that the reason the USA is so low is because of high "government spending", which they automatically and arbitrarily apply to depressing the score. In effect, if the USA were to give foreign aid to any country, they would automatically drop down the scale in "economic freedom" because that money would all be "government spending", unless it were in the form of donations to private corporations in that country.
Germany and Austria are pretty good too. (Again getting a VISA is an issue)
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