Key Highlights
- US State Department estimated that 9 million Americans live overseas
- In fiscal year 2019, some 20.690,500 US passports were issued – a +47% spike from 2014
- Berlin was the favored destination in 2019 of Americans considering ex-patriotism
Not only are Americans using mobile devices for more and more purposes (information, shopping for everything from books to homes, professional and social connectivity, banking, etc.), Americans themselves are mobile. Americans of all ages are traveling, living and working abroad as never before.
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According to the US State Department, some 9 million Americans are living overseas and some 20,690, 500 US passports were issued in fiscal year 2019. According to a State Department spokesperson, Lana Bortolot said that between 2014 and 2019, the spike in the number of US passports issued hit a whopping +47%.
Of course, the leaps in technology, social media and the mobile economy are enabling such mobile ex-patriotism over both the short-term and long-term. Tools to help make all of this moving around possible include, but are not limited to in any way shape or form, Google Voice for dual country phone numbers, Transferwise and Xoom to move money between banks in two countries, Skype and FaceTime for being connected and video conferencing for intercontinental business meetings.
So where is everyone going and where are they living, if not in the US? Both “traditional” and online real estate brokerages need to pay attention here because different ages and demographics make these destination decisions differently.
Millennials are choosing
Argentina
Estonia
Ireland
Norway
Germany
United Arab Emirates
Netherlands
Finland
Poland
Oman
Professionals are choosing
Nigeria
Oman
Qatar
Kazakhstan
Kuwait
Bahrain
Luxembourg
Singapore
Kenya
United Arab Emirates
Families are choosing
Finland
Bahrain
Cyprus
Oman
New Zealand
Chile
Qatar
Denmark
Sweden
Switzerland
Retirees are choosing
Ecuador
Costa Rica
Philippines
Thailand
Portugal
Mexico
Panama
Bulgaria
Spain
France
Thanks to the New York Times and the InterNations ExPat Insider Survey for source data.
Also read: NAR’s Snapshot of January’s Housing Market, Apple Steps Up to the Plate with Google and Facebook to Confront CA Housing Crisis, Curb Appeal Renovations Provide Biggest ROIs
