Today people move around the world as much as they ever did before. Expats are an increasing phenomenon, as moving to a different country can provide you with valuable experience and is often seen as a very good boost for your career.
At the same time, the influx of expats has an enormous impact on the economies of the host countries. They bring significant purchasing power and create vibrant communities that need all kinds of services. No wonder some countries compete to be seen as attractive for expats. Here is an overview of the most expat-friendly countries.
United Arab Emirates
The UAE, and especially Dubai have become a huge economic center that has brought a lot of foreign professionals into the country. The wealth generated by oil exports and the geographical position at the crossroads of ways between Europe, Asia, Africa, and Australia has made Dubai one of the capitals of the world. Dubai can offer not only impressive earning opportunities but also provides numerous expats with high-standard services. If you want to rent a car in this city, cheap car rental Dubai monthly is possible. Affordable car rentals are not the only advantage of Dubai. Although the Middle East might seem like a remote region, the city of Dubai is on the high end of modern urban development and is proud of some stunning architecture. Of course, adaptation to life in Dubai will take some time, but it is a feasible task.
The small city-state in South-East Asia became extraordinarily wealthy a while ago and belonged to the so-called Asian tigers. Singapore is known for its strict rules, which help to keep the tropical city tidy. This is one of many factors contributing to very high living standards in Singapore. It is relatively easy to move to Singapore either to start your own business or if you have a job offer. Upon living there for two years, one has the right to apply for citizenship. Singapore is quite an expensive place to live, but it’s one of the best places for running a business.
Mexico is a big country with quite a liberal immigration policy. It’s quite easy to come to Mexico and get one of the various residence permits in this country. Many people are attracted to Mexico because of its fascinating culture and cuisine, quite high standards of health care, and very warm climate all year round. There are many employment opportunities in Mexico, which is very popular among self-employed folks and digital nomads. Five years of residence in Mexico make you eligible for citizenship and a passport with visa-free access to 145 countries and territories.
A small Balkan country on the Adriatic coast is one of the most attractive destinations for expats in Europe. Although Montenegro is only a candidate to join the EU, the country is already using the Euro as its national currency and can be proud of its steady economic growth. Montenegro makes a perfect place to start your own business or work as self-employed. It has relatively low tax rates and a low cost of living, so even a modest income can get you a decent living standard here. Although Montenegro is a small country, it has stunning nature, including mountains, sea, and picturesque beaches. Montenegro has lots of interesting historical sights and opportunities to do extreme sports.
Another central American country on the list attracts foreigners by generous visa policy and low costs of starting a business. It is fairly easy to move to Panama from America or Europe, and you will not need a huge amount of money in the local bank to get a residency. If you are looking for employment in Panama, proficiency in Spanish is a must in most cases. Like in many other countries, five years of residence give you the right to get citizenship. Among other things, Panama attracts foreigners with its warm climate and safety standards which are quite high for the region. Retired people are also especially welcome in Panama.
The world is getting more and more global, and these are by no means the only countries that could be interesting for potential expats. In fact, different countries work on all kinds of policies to facilitate the immigration of professionals and entrepreneurs. It is important to stay informed about the current trends in order not to miss good opportunities.