Synonyms for Promised Land (same or very similar meaning)
WordNet sense 1 (an ancient country in southwestern Asia on the east coast of the Mediterranean Sea; a place of pilgrimage for Christianity and Islam and Judaism):
Canaan, Palestine, Holy Land
WordNet sense 2 (any place of complete bliss and delight and peace):
heaven, nirvana, paradise, Eden, Shangri-la
From the ODE community, based on WordNet
add/edit