Generation E(xpat)? More Gen Z, Millennials Moving Abroad
In a recent survey of over 1,000 Gen Z and millennial workers, 25% said they were actively planning on leaving the United States to live abroad within the next five years, according to hiring company Howdy.
The findings also reported that 87% were planning on becoming digital nomads—people who work remotely while traveling. Of those, 53% were planning on finding a job that supported the lifestyle, and 34% already had one.
The top five reasons for leaving the United States included:
- Looking for a change of scene (67%)
- Enjoy traveling (65%)
- Cost of living in the U.S. (51%)
- The U.S. economy (36%)
- U.S. politics (34%)
Where are they moving? The survey said:
- Europe (40%)
- East Asia (13%)
- Traveling to many regions (11%)
- Latin America (9%)
- Canada (8%)
A third of respondents reported having lived outside of the country before, and 39% said they felt trapped in the United States. Sixty-nine percent believed other countries have a better quality of life.
However, moving abroad raises its own obstacles. One in three Gen Z and millennials said they wanted to leave the States but weren’t planning on doing so due to financial (77%), family (65%) and work (44%) barriers.
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