The change of work conditions after the pandemic especially became a reason behind why the remote work opportunities increased as well as global economic uncertainties. However, for Americans who desire a fresh start abroad, it requires them to follow several steps, like accessing the right information along the way and choosing the most suitable route for a successful relocation.
Selecting a Target Country
If you are considering leaving the US, the first step is to choose a country that suits your standard of living, legal regulations, and personal needs. Europe stands out in particular with countries such as Portugal, Spain, Italy, and Greece for many Americans who are thinking about relocating to a foreign country. These countries stand out for their low cost of living, quality healthcare, and a more relaxed lifestyle. For example, the Portugal Golden Visa program offers residence permits in exchange for specific investment options, making it an attractive option for many investors, and also offers Portuguese citizenship counting down 5 years after the first residency application.
In Asia, Thailand and Malaysia stand out with their low cost of living and tropical climates, while Mexico and Costa Rica in Latin America are popular destinations for Americans. Details such as living conditions, language, cultural differences, education, and health systems are among the evaluations of the countries. The political and economic stability of the country are also taken into consideration.
Legal Process and Visa Types
Choosing the appropriate visa or residence permit is one of the most important steps when moving abroad. The reason is that each country has different visa types and requirements. For example, European Union countries usually offer residence permits based on investment, work, or retirement. You can get work visas based on professional experience, while pension visas usually require proof of a fixed income.
Countries like Portugal stand out for their investment-based residency programs. The Golden Visa program grants residency in exchange for real estate investments or fund contributions and offers the possibility to apply for citizenship in the long term. Similarly, Spain and Greece also have residency by investment programs.
Cultural and Emotional Adaptation
Moving abroad is not only a logistical process but also an emotional journey.
It can take time to adapt to a new culture and lifestyle.
Learning the language of the country you plan to move to can be a great advantage in both social and business life. In addition, building social ties by joining local communities can help you feel more comfortable in your new country.
Growing Trends in American Migration: The Great American Exodus 2024 Report
In recent years, the search for a better quality of life, affordable living costs, and personal freedom has led many Americans to move abroad.
The 2024 report, The Great American Exodus, sheds light on the reasons behind this trend and emerging destinations. According to the report, changing working conditions, economic uncertainties, and the search for a more sustainable life after the pandemic are accelerating this migration movement.
About Get Golden Visa
Get Golden Visa is a bespoke investment advisory firm founded in 2014. We help people get additional residency and citizenship by making a qualifying investment in Europe, the Americas, the Caribbean, and the rest of the world. Depending on the program of choice, we offer professional advisory services for property acquisition, fund subscription, or other investment vehicles. Our teams of local experts mark Get Golden Visa apart from its competitors because it offers independent advisory services and accompanies investors throughout the whole journey. With local offices in Lisbon, Athens, Istanbul, and London and various international associations, Get Golden Visa offers transparent guidance with a tailor-made and flexible approach.
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