Work - Expat Magazine

Thanks to its strong links with other countries, Singapore's economy is considered a barometer of economic conditions. However, there is growing concern about the 2023 outlook as the World Bank warns of a possible recession. As a result, the Singaporean government is introducing a new strategy to sustain its economic growth based partly on foreign talent. Here's how this works.

There are many reasons for starting a business abroad. They can be related to a personal challenge, a professional opportunity, a new career, new ambitions, or a new life project overseas. Paradoxically, the health crisis has motivated many new entrepreneurs to start their own businesses abroad. Professional achievement is now just as important as a personal accomplishment. People want to fulfill themselves through their work and no longer be controlled by it. This urge for freedom is coming back for most entrepreneurs. But is the current situation conducive to launching a business abroad? What should be considered before starting a business abroad in 2023? Which countries are the best for entrepreneurship?

Are you looking for a stable job? Are you dreaming of moving abroad for new career opportunities? Canada starts 2023 with unemployment figures that would make other leading economies swoon. The country is still likely to gain valuable points with prospective immigrants. Used to good rankings, Canada is one of the favorite countries among expatriates. Will this be confirmed again this year by the drop in the unemployment rate? Will the government stick to its strategy to welcome 500,000 immigrants by 2025?

All eyes are on the African continent. According to the World Bank, most of its inhabitants will be aged under 25 by 2050. It's a young and ambitious population that favors more and more investments in its local environment. Besides, African countries are also increasingly seen as true partners abroad, and foreign entrepreneurs who choose Africa are ready to cooperate with locals to contribute to the region's dynamism. In fact, this is one of the conditions for obtaining a financial grant. Here is an overview of the main types of assistance available to foreign entrepreneurs in Africa.

Many digital nomads came back to their countries during the pandemic, and some have been hit harder than others by the new economic realities, particularly those with work related to or directly centered around travel. But how do digital nomads deal with leaving their lifestyle? Are they willing to return to their home countries?

As part of its Immigration Levels Plan 2023-2025, Canada is trying to attract more immigrants from the Indo-Pacific region. Most recent immigrants have come from three countries in the region: India, China and the Philippines. In the next 5 years, Canada will invest an additional $75 million in trade, visa processing and educational exchanges with the Indo-Pacific region.

Relocating to a new country as a single person and as a person with a family can be two whole different deals. You will need additional costs and adjustments for your family members' visas, accommodation, healthcare, education and transport. It's important to do research, negotiate with your employer or prospective employer, and plan well to make your family's transition as smooth as possible.

Since the pandemic, the demand for experienced health professionals in many countries has increased. Canada, Ireland and Australia are currently offering attractive incentives to welcome expats working in healthcare.