The world around us is changing rapidly, and with it, so are people's priorities. The times when several generations of a family lived in one place are long gone. The twenty-first century has ushered in a new way of life: one where people are free to follow their passions in countries with more favorable weather, better economics and political climate, and better quality of life.
The trend of international relocation has therefore been on the rise in recent years.
Migration is a complex and multifaceted phenomenon that is driven by a variety of factors.
In this article, we will delve into the underlying reasons of Why and What kind of people all over the world are moving overseas in the 21st century.
The Role of Political Stability in Relocation Decisions
One of the most common reasons people migrate is to seek political stability and peace. This is especially true for those living in regions constantly plagued by conflict or political instability. When faced with war, persecution, or simply the need for better life opportunities, people often end up in a new country.
However, it's important to note that everyone has their own reasons for migration, which can be as diverse and unique as the individuals themselves.
First-world countries are not an exception. Despite enjoying a high standard of living, and many years of economical growth and peace they may feel dissatisfied with the political or social climate or not agree with the new development and future direction of their home country.
Many young professionals do not want to get into the debt trap even more after paying out their student loans. This restlessness can lead them to explore new opportunities and experiences in other parts of the world.
And while it's hard to be sure of any country's political stability these days, as even many of the world's most developed countries facing increasing economic and political turmoil, there are countries that appeared to be a more attractive option. Latin American countries are quickly emerging as an alternative.
Take some Latin American countries, such as Mexico or Panama, for example. With its economic growth, young and dynamic population, better climate and cost of living, and improved access to a better quality of life, it's no wonder that it is increasingly seen as a beacon of hope for people facing economic hardship and political changes up North.
In Costa Rica, there has been a sharp increase for many years in the number of US citizens (mostly retirees, but lately also working professionals) relocating to the country attracted by the wonderful nature and climate, more affordable housing options, less stressful pace of life and the opportunity to reduce living costs, without compromising the quality of life.
However, the country attracts not only Americans. The warm weather and natural beauty are the reasons why Canadians flocking to Costa Rica, Panama, and Mexico lately as well.
One of my young friends, Trevor Davis, who is a young Canadian professional copywriter, has been exploring remote work opportunities in different Latin American countries. He gladly shared his thoughts on living in Costa Rica as a guest on my regular podcast series. Make sure to listen to this episode to reveal the hacks and secrets of a person who works remotely, travels, and lives a free life on his own terms. Trust me, Trevor has some amazing insights to share!
So, grab a cup of coffee, sit back, and give it a listen!
The Smart Move: Save Money and Live Better
The cost of living: housing, healthcare, and daily necessities like food and cost of utilities can be very high in some parts of the world, making it difficult for people to maintain a good standard of living.
In some cities, housing prices have skyrocketed to the point where people cannot afford to buy or even rent a home (living together with parents or roommates), and lately, even afford to feed their family. Additionally, the COVID-19 pandemic has brought to light the challenges that healthcare systems in these countries face, including long wait times (like in Canada) and even more increased costs (like in the US).
These challenges can be particularly daunting for retirees whose retirement plans and savings are not as flexible as for younger generations.
It forces many Baby Boomers to work till 75 (or even till death), unfortunately. Otherwise, they can not pay all bills. All this affecting people health, mood and perspectives for the future.
But there are many places in the world where the cost of living is more affordable and life can be more pleasant. Countries in Latin America and Southern Europe, for example, offer lower costs of living, more affordable housing, quality healthcare, and a better climate. In addition, the exposure to culture, art, and being more outside/at nature options would help to benefit body, mind, and spirit.
You can enjoy fresh, locally grown produce and experience new cultures and traditions while still having access to quality healthcare services. Retirees in particular may find that moving to these countries can help them stretch their retirement savings further and enjoy a more comfortable and active lifestyle.
Are you dreaming of a retirement filled with adventure, culture, and new experiences?
Then you won't want to miss out on my free e-book, "The Best Places to Retire." This relocation guide has been carefully crafted to help you discover the affordable and livable destinations in Latin America, and Europe.
In the e-book, you'll find insider tips and overall information you need to start taking your first steps toward a better life at the retirement.
To get more details and up-to-date info, please, contact Emily Bron and firsthand accounts from retirees who have already made the move.
Whether you're seeking a tropical paradise, a historic city, or a peaceful countryside destination, this eBooks has got you covered. So what are you waiting for? Download your copy now and start planning your dream retirement today!
Feeling Good, as You are the Creator of Your Own Paradise!
Have you ever noticed how the weather can alter your spirits? When it's sunny outside, you feel great - full of energy and ready to tackle the day. In contrast, the lack of sun and harsh weather conditions impact your mental well-being and general physical health. The climate is a significant factor that can affect a person's health and overall quality of life.
That's why many retirees from the US and Canada choose to move to warm and always spring-like places in Central and South America, such as Mexico, Costa Rica, or Panama, due to the warm and tropical climate. These countries offer much more pleasant year-round climates with little to no winter, making them an ideal place for people looking to escape the harsh winter months.
Besides climate, access to quality healthcare is another crucial factor that can motivate someone to relocate, especially seniors. The healthcare system in the United States can be incredibly expensive, with high costs for medical procedures, medications, and insurance premiums. That's why many people look to Latin America and European countries that offer universal healthcare systems that cover all citizens, even residents regardless of income or pre-existing conditions.
Moreover, some countries may offer specialized medical treatments or procedures that are not available or very expensive in a person's home country. For instance, countries like Mexico, Costa Rica, Colombia and Panama are known for their medical tourism industry. People travel from all over the world to receive specialized treatments like dental and cosmetic surgery, and cancer treatments at a fraction of the cost they would pay in their home country.
So, yeah, it's pretty clear to me that a better climate and access to quality healthcare are two significant reasons why people may choose to relocate.
And honestly, who can blame them? I mean, why not live somewhere that makes you feel good both physically and mentally, right?
People Don`t Need Just Cities or Scenery, People Need Communities
Do you dream of working from a tropical beach or a quaint European village?
Well, you're not alone! Living abroad is becoming increasingly popular as people cast aside the traditional constraints of an old-fashioned nine-to-five office environment and seek out more fulfilling, rewarding lives. This lifestyle choice can be defined as “digital nomadism”.
Digital nomads often travel the world and work from exotic locations, from beachside cafes in Bali or Playa del Carmen to co-working spaces in Mexico City, Tulum or Berlin. Their lifestyle allows them to experience new cultures, meet new people, and expand their horizons, all while earning a good living on their own terms.
By working remotely, digital nomads can avoid the daily commute, office politics, and other stresses of traditional employment. They can set their own schedule and work from wherever they choose, whether that's a mountain cabin or a tropical beach. This flexibility allows them to pursue their passions, such as surfing, hiking, or yoga, while still earning a living. The digital nomad lifestyle is not without its challenges, of course, but for many, the rewards are well worth it.
This is driving a wider trend towards building and living in intentional communities and eco-wellness villages in places like Mexico, Central America, and some parts of Europe. These communities offer a more sustainable and mindful way of living, with a focus on wellness, community, and environmental sustainability.
The beauty of living in intentional communities lies in their ability to cater to a wide range of needs and desires, creating truly special and inclusive living conditions and experiences for like-minded people. From young digital nomads looking to grow their businesses and connect with like-minded individuals to retirees seeking a vibrant healthy lifestyle and engaging activities, intentional communities provide a supportive and fulfilling environment for everyone.
In conclusion, international relocation has become a popular trend in the 21st century, driven by factors such as seeking political stability, peace, and freedoms, better cost of living and lifestyle options, weather, health care, or a change of scenery for the adventure-seeking souls.
The good news is that there are many places in the world that meet people's needs. Some popular destinations for relocation abroad include Mexico, Costa Rica, Panama, Paraguay, Belize, and various countries in Europe, such as Portugal, Spain, Italy, Greece, and Bulgaria which offer excellent healthcare, lower costs of living, beautiful natural landscapes, and vibrant cultural experiences.
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So, if you are looking for a new adventure, seeking to retire with new experiences, or simply looking for a change of scenery, the world is your oyster. The main things to consider are:
- to know your WHY?
- to choose the country and particular region in this country that will suit Your goals, personal conditions, and budget.
- to know what to do and how to prepare for your new life chapter from the legal, taxation, and mental perspectives.
- to know about local specifics, rules, and cultural norms.
And for all the above, you can rely on me!
I invite you to book a personal consultation to discuss your goals and preferences and find the perfect destination for you.
I am also inviting you to participate in my upcoming online webinars and/or to be a member of my Future Expat Community Club! (dates to be announced in the near future)
Whatever your preferences are, with the right planning and preparation, international step-by-step relocation can be an exciting and fulfilling experience.
So, don't hesitate to contact me to start planning Where? How? and When?, and I will bring You to your next adventure, new destination, and a more fulfilling Lifestyle!
