5 International Relocation Trends In The 21st Century

“I’m relocating for ______”, what you fill the blank with is either work, better prospects, better lifestyle, cheaper housing, better business infrastructure, children’s education etc. becomes a deciding factor in determining the relocation trends in the 21st century. The trends greatly influence in the relocation industry. Let’s have a look at the five major international relocation trends of this century.

1. Immigration Policies

We are living in a time when some cities or some countries altogether have immigrants as a large share of their population. Let’s take a few examples like the New York City where about 36% of the immigrants are foreign-born or the United Arab Emirates where immigrants and expats make up for 88.52% of the total population. Immigration policies have been made easier which has influenced relocation to a large extent.

2. Bilateralism

After the world wars, a drastic shift was seen in the way countries interacted with each other. The growth of bilateralism and the development of peaceful and mutually beneficial relationships between two countries led to acceptance. The 21st century gave birth to the concept of ‘global citizenship’. Bilateralism contributed to making visa norms flexible, encouraging relocation.

3. Shift In General Ambition

Rather than being attached to their lands and homes, people grew more ambitious and career-oriented, with a willingness to relocate abroad for better opportunities. Compared to the last century, people today are more willing to travel and aim to ‘see the world’, often relocating for a better lifestyle, job or education.

4. Inflationary Spiral

While the entire world suffered from an inflationary spiral where the rise in prices, led to a demand for higher wages, which in turn led to even higher prices. Some countries suffered worse than others and some did not recover. In the search for a cheaper cost of living and affordable housing, people choose to migrate to better countries than the ones they were born in.

5. Focus On Mental Health & Psychological Conditions

In the past few years, we have seen how more and more people are looking for life and work satisfaction. Those who have been working for decades in their home country want a drastic change in their lives. They are more concerned about where they would find ‘happiness’ and have great ‘mental health.’ This search for happiness has motivated a large number of people to relocate. Importance of comfort and luxury cannot be stressed enough when it comes to this.

Another major change we have seen in the relocation trends of the 21st century is that the industry now has professional relocation experts like the 21st Century Relocations. Do you want to relocate? Get in touch with us.

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