Large numbers of foreign workers are relocating to these four cities
Since Covid-19 protocols heightened in 2020, numerous industries moved countless jobs into full-time remote settings. As a result, many companies found that productivity stayed leveled and grew for many employees across the board. So much so that now a good portion of positions are hired under full-time remote work policies.
Now that employees are no longer expected to drive into an office daily, it changes their outlook on where to live. Digital nomads are relocating worldwide, taking advantage of being able to live anywhere by adventuring to new cities and countries they’ve always wanted to live in. Cities that have seen an enormous influx of remote workers relocate are now dubbed Zoom Towns.
Zoom Towns are becoming more popular because expatriate employees (expats) looking for a new destination to live in find the traditional big cities that used to be known as technology leaders, such as Hong Kong and San Francisco, are crowded and expensive to live in. With the cost of living soaring in many major markets, expats looking for international relocation options are turning to less known growing Zoom Towns.
Here are four cities that are seeing significant increases in international relocation for employees looking for a new setting:
Kuala Lumpur
The Malaysian capital is becoming a hot spot for expat workers looking to relocate mainly because of its large English-speaking workforces and communities. On top of that, international transplants are finding Kuala Lumpur relatively affordable. In a 2021 worldwide survey of 12,000 expat workers, Internations ranked Kuala Lumpur No. 1 for affordable housing options.
Malaysia’s steady financial climate combined with the buzz of big city living can be a draw to many remote workers looking to move internationally. But if the big city feel isn’t a draw, the sightseeing outside the city of Kuala Lumpur has some of the most exotic landscapes to see only a day trip away.
Lisbon
One of the oldest European cities, Lisbon has a lot to offer in a mixture of culture, warm weather, and nightlife entertainment. This Portuguese city started seeing an increase in expat workers moving there after it became the host of Web Summit. This annual convention combines tech’s most prominent companies with leading speakers and top media outlets. It’s easy to do the math here; many of the people who attend Digital Summit fall in love with what Lisbon has to offer remote work positions. So, once they come and experience the city, it is top of mind when deciding where to live next.
Lisbon is an excellent choice because the medicine and education systems are well developed, while crime is low. Not to mention, the cost of living is lower than most other major European cities.
Mexico City
Mexico City is the largest city on this list, with nearly 22 million people currently living there. It might not seem like a go-to expat haven, but the city has rapidly been gaining both remote workers and in-office workers because it is the startup center of entrepreneurs in Latin America. The cost of living in Mexico compared to the US, Canadian, and most of Europe is much lower. Housing, food, and entertainment are all affordable year-round, making it an excellent place for young expat workers or newlyweds looking to start a family. Mexico City may be an old city, but it has a lot to offer for nightlife entertainment as it has one of the most vibrant restaurant cultures in the world.
Bengaluru (Bangalore)
One of the world’s fastest-growing tech hubs is Bengaluru, India. This growing Zoom Town is home to numerous startups and software firms. Major companies such as Sequoia Capital and Goldman Sachs have fueled the Bengaluru economy with money, making it a stable financial environment. With international relocation numbers, the city has numerous international schools, bars, and restaurants serving everything from craft beers to pork ribs.
GMS Can Assist Remote Workers Relocate
Now that countless workforce positions are completely remote-based, most companies won’t offer remote employees relocation benefits. This means for expats to head to their new destination, it’s all on their own when it comes to covering costs. But Global Mobility Solutions (GMS) has come up with a way to help remote employees receive the prices and services they would through relocation benefits without having to cost their company a penny.
Our new Employee Choice Program is designed to assist remote employees with access to vendor pricing from our network that they would generally have to get through their employer. Our program is here to assure that employees who cannot utilize a relocation package can still get fair pricing while still getting the top-level relocation service that GMS offers to all clients.
If you are interested in getting more information about our Employee Choice Program, please reach out today to schedule a quick call with one of our relocation experts. The GMS team is dedicated to providing excellent service and answering any questions you may have.
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John Fernandez | CRP, GMS, SSB
Executive Vice President John oversees global operations, marketing, business development as well as reporting and analytics. John’s 23 years of mobility experience include excellence in varied positions such as Relocation Counselor, International Assignment Manager, Manager of Latin American Operations, Director of International Operations, Global Account Executive, Vice President of Sales and Vice President of Global Services. The depth of John’s mobility experience also includes multiple assignments and domestic relocations of his own. He has lived and conducted business around the globe and speaks multiple languages.
