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KamaAina

(78,249 posts)
Wed Jul 1, 2015, 04:45 PM Jul 2015

Survey says: 35 percent of Americans would expatriate

http://www.cnbc.com/id/102799503

As the Fourth of July weekend looms and Americans prep their grills and ready their fireworks, some citizens are packing their bags.

A recent online poll of more than 2,000 adults by TransferWise, a peer-to-peer money transfer service based in the United Kingdom, revealed that 35 percent of American-born residents and emigrants would consider leaving the United States to live in another country.

This percentage greatly increases for those age 18 to 34. More than half of millennials, a whopping 55 percent, said that they would consider leaving the U.S. for foreign shores. Among them, 43 percent of men and 38 percent of women noted that a higher salary would be a factor in their relocation decision.

While a high percentage of Americans would entertain the idea of expatriation, only .001 percent of the population actually renounced citizenship in 2014.



8 replies = new reply since forum marked as read
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Survey says: 35 percent of Americans would expatriate (Original Post) KamaAina Jul 2015 OP
only 35%? geek tragedy Jul 2015 #1
It takes a lot of money or very needed skills. former9thward Jul 2015 #7
This message was self-deleted by its author 1000words Jul 2015 #2
For most of these folks over 50, their money is already expatriated. nt kelliekat44 Jul 2015 #3
Younger people would be more apt to want to and to KatyMan Jul 2015 #4
You can't? Somebody better tell Rick Wiles! KamaAina Jul 2015 #5
Brain flight nadinbrzezinski Jul 2015 #6
In a second, if I could. Maedhros Jul 2015 #8

former9thward

(32,080 posts)
7. It takes a lot of money or very needed skills.
Wed Jul 1, 2015, 05:00 PM
Jul 2015

Most countries will not accept anyone for permanent residence unless they have one or both. Most people have neither.

Response to KamaAina (Original post)

KatyMan

(4,209 posts)
4. Younger people would be more apt to want to and to
Wed Jul 1, 2015, 04:54 PM
Jul 2015

be able to relocate overseas. Much easier when it's only yourself or you and your spouse, especially with no kids and no mortgage.

The article also doesn't state if the question asked was 'would you relocate permanently?' or 'would you like to spend 3 to 5 years working overseas?'. Big difference in those two questions.

Also, you don't have to renounce your citizenship to work overseas as the article seems to imply (you can't really renounce it anyway as I understand it). Quite a vague article, but not a bit surprising. I'll bet the numbers would be similar 10 years ago or 20. Not everyone is a stick in the mud homebody and most people understand the value of travel to becoming a well rounded person.

 

nadinbrzezinski

(154,021 posts)
6. Brain flight
Wed Jul 1, 2015, 04:57 PM
Jul 2015

and to be honest, I am not surprised. Young people are far more willing to take risks. Emigrating means taking risks. The US, contrary to the press (err propaganda) is no longer the land of opportunity it once was. This is another marker of a declining power.

 

Maedhros

(10,007 posts)
8. In a second, if I could.
Wed Jul 1, 2015, 05:51 PM
Jul 2015

Not paying taxes into the American military meatgrinder would make me very happy.

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