Expat news
USA
Following years of euphoria and a strong hiring trend in the early days of COVID, uncertainty took over the US Tech sector. Successive waves of layoffs worldwide have left thousands of employees in shock. The situation is particularly critical in the United States, with foreigners forced by their visas to find a job quickly. But what led to such a huge surge in layoffs? What is the future of the US tech sector, and how are foreign workers impacted?
South Korea
Will 2023 be the year of a new economic and even demographic boost in South Korea? This is the government's hope and belief as it outlines its plan to revive the South Korean economy. Since important sectors are suffering from acute labor shortages, it is taking new measures to welcome foreign workers. Which are the most affected sectors and are in desperate need of expat workers?
Sweden
According to Swedish Migration Minister Maria Malmer Stenergard, this move aims to "reduce the risk of painful tragedies for migrants". Underlying this measure is, in fact, the political pressure exerted by the far-right Sweden Democrats (SD) party. The SD intends to take advantage of Sweden's presidency of the European Union to steer migration policy.
Singapore
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.
Malaysia
During COVID, more than 700,000 foreign workers left Malaysia. Faced with major labor shortages in key sectors, the government has announced a vast international recruitment program. Here are some insights.
China
After 3 years, China finally reopened its borders on January 8. Most travelers can now enter the country only with a negative PCR test. Many expats in China feel relieved and want to resume enjoying the life they loved there. However, some who were stuck outside of China in March 2020 are hesitant about returning, and doubts remain about the economic prospects of expats in the country.
Accommodation
What does the year 2023 hold for the global real estate market? In its most pessimistic projection, the IMF is talking about a 10% drop in property prices in advanced countries and 25% in emerging countries. It seems that price booms are over. Inflation and the risk of a global recession are rendering the global market even more tenuous. In this context of uncertainty, is investing in real estate still a safe bet for expatriates? What are the benefits of investing in real estate, and where can you buy affordable property in 2023?
Everyday life
As Spain prepares to launch its new Digital Nomad Visa, what should you know about moving there in 2023? The country also has a new Startup Act to encourage entrepreneurship, even from expats, and it boasts of the lowest inflation in the EU and multiple new social welfare policies at the moment. Retirees have historically been a big expat demographic in Spain, but there are now increasingly more young expats in their 20s and 30s.
Work
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?
USA
Joe Biden concedes that the latest decisions won't solve the problems undermining the immigration system. However, the American president is optimistic in his belief that these new measures will be of great help to the nation. How, in the context of an inflationary and global economic crisis, can labor shortages be addressed while at the same time firmly addressing the issue of illegal immigration? The American president is trying to reach out to the Republicans without alienating his supporters, which is a risky exercise, even for the most talented of balancers. What can we learn from the Biden administration's new immigration policy?
England
Recently, in order to fight labor shortages, the UK's Home Office eased the laws to obtain a Skilled Worker Visa. International students can now switch to this visa before completing their course as long as they have a suitable job offer. However, this is turning out to be a problem for British universities, who are seeing higher international dropout rates and the accompanying loss of funds from tuition fees.
Work
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.
China
When it implemented its zero COVID policy, the Chinese government was confident of its ability to completely eradicate the virus from its territory. Beijing still officially holds this line, despite acknowledging that its policy is unpopular. The three-year isolation has had heavy consequences on both human and political planes and will probably continue to do so in the coming years. The population has been pushed to the very edge. Under pressure from unprecedented demonstrations, Beijing is giving ground for the first time.
Ethiopia
Ethiopia is the sixth largest economy in Africa, with a GDP of $111 billion in 2022. It is, in fact, on track to overtake Kenya for fifth place by 2023. As part of its strategy to achieve this, the government has successfully resumed its drive for foreign investment to boost economic growth. Its latest initiative is the introduction of a new visa for foreign investors. Here's what it means.
New Zealand
New Zealand is actively seeking skilled migrants to boost its economy. Having suffered the consequences of its zero-covid policy, the country officially lifted all restrictions last September. The clock is ticking to revive growth despite inflationary pressures. Why is immigration essential to New Zealand? What measures has the government taken to attract foreign workers?
Work
Multiple recent studies revealed that younger workers highly value flexibility in their careers. This flexibility includes the ability to work remotely and from abroad. After their university or first career years spent under pandemic lockdowns, many have an increased thirst to job-hop around the globe or become digital nomads.
Work
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.
Work
Is 2022 a dark year for the tech world, as described by some experts? The list of companies laying off thousands of employees is getting longer, and they include giants like Microsoft, Meta, Twitter, Salesforce, and soon Amazon. In Singapore, the situation is worrisome since leading tech powerhouses operating there have successfully attracted many foreign professionals over the years, not to mention the country's economic dynamism. But now that the giants are pulling out, the jobs of many locals and expatriates alike are being threatened.
Other Types
Everyday life
Who are “people of color”? What is “Asia”? What are these never-ending gazes? This article aims to explore terms that are controversial and raise questions about our relationships with others and with ourselves as expats.
Everyday life
Moving to a new country almost always comes with a set of shocks. You may run into them right away or several months and even years into your stay. Out of all the shocks of an expat journey, culture shock is the most known and talked about. There are lots of resources online that will tell you how to manage culture shock, typically labeling it as something negative and unpleasant. But what if the culture shock you are experiencing is actually making you raise your own standards? It turns out that for some expats, culture shock can be a push.
Work
On one hand, labor shortages continue to hinder economic growth in many countries. On the other hand, immigration policies are increasingly selective, prioritizing the recruitment of skilled and highly skilled foreigners. What impact does this have on moving abroad plans? Is there a decline in immigration rates? Which nationalities are most affected?
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Work
Long considered a significant drawback, gaps in a CV are gradually becoming more accepted in the international job market. Championed by young foreign talents and increasingly accepted by employers, career breaks have become a new trend. Young professionals are taking time off to find a better position, whether locally or abroad. How do international job seekers justify their choices, and how do employers react?
Cost of living
As you settle into your new expat life, you begin to find your bearings. Between housing, transportation, food and extras, how do you spend your money? What are your priorities for keeping control of your budget?
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