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Showing Original Post only (View all)Americans Are Leaving the U.S. in Record Numbers - WSJ [View all]
In its 250th year, is America, land of immigration, becoming a country of emigration?
Last year the U.S. experienced something that hasnt definitively occurred since the Great Depression: More people moved out than moved in. The Trump administration has hailed the exodusnegative net migrationas the fulfillment of its promise to ramp up deportations and restrict new visas. Beneath the stormy optics of that immigration crackdown, however, lies a less-noticed reversal: Americas own citizens are leaving in record numbers, replanting themselves and their families in lands they find more affordable and safe.
Since the Eisenhower administration, the U.S. hasnt collected comprehensive statistics on the number of citizens leaving. Yet data on residence permits, foreign home purchases, student enrollments and other metrics from more than 50 countries show that Americans are voting with their feet to an unprecedented degree. A millions-strong diaspora is studying, telecommuting and retiring overseas. The new American dream, for some of its citizens, is to no longer live there.
In the cobblestoned streets of Lisbon, so many Americans are snapping up apartments that the newest arrivals complain they mostly hear their own languagenot Portuguese. One of every 15 residents in Dublins trendy Grand Canal Dock district was born in the U.S., according to realtors, higher than the percentage of Americans born in Ireland during the 19th-century influx following the Potato Famine. In Bali, Colombia and Thailand, the strains of housing American remote workers paid in dollars have inspired locals to mount protests against a wave of gentrification.
More than 100,000 young students are enrolled abroad for a more affordable university degree. In nursing homes mushrooming across the Mexican border, elderly Americans are turning up for low-cost care.
On a conference call last month hosted by Expatsi, a relocation company, almost 400 Americans signed up to learn how to move to Albania. The former Stalinist state offers a special visa allowing U.S. citizens to live and work there, with no tax on foreign income for a year, no questions asked.
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