Janaury 24 2024-While it’s challenging to determine a clear trend of Americans moving out of the country, rough estimates suggest that approximately 8 million Americans currently live abroad, which is double the 4.1 million recorded in 1999. The most popular countries for American expatriates are Mexico, Canada, and the United Kingdom, in that order.
Several factors contribute to the decision of some Americans to relocate. One significant factor is the increasing number of employers allowing remote work abroad. Others are motivated by the rising cost of living in the U.S. Additionally, “golden visa” programs, which offer foreign residency permits in exchange for purchasing property, making significant investments, or donations, also play a role in the decision to move abroad.
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