Why People are Leaving Rich Countries

Affordability, stress and opportunity are making expats out of Americans…

Rosa Diaz-Casal
ILLUMINATION
Published in
2 min readJun 12, 2024

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Photo by Spencer Davis: https://www.pexels.com/photo/anonymous-tourists-showing-us-passports-on-street-on-sunny-day-4353813/

The American dream used to be all about getting the house with the white picket fence and 2.5 kids. More recently, the new American dream is about getting the American paying remote job and then getting out of America.

In this last decade or so, we’ve seen many people from rich, developed countries move to cheaper developing countries. We have seen the rise of digital nomads and multiple countries offering digital nomad visas.

Why is this?

When you think about it, it’s kind of strange. But there are 3 logical reasons to do this.

The first reason is that the developed world is no longer affordable. If you are reading this and you live in a rich developed country, you know that there is a cost-of-living crisis where you live. You’re living in a moment of time where everything is becoming increasingly unaffordable. Rent, groceries and cars are all becoming progressively unaffordable.

The developed world is nice and luxurious, but most people can’t afford to live in it. Most people can’t afford a good quality of life there. They are choosing to move abroad because their money will go a lot further.

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