The Rise of the Expat Dream: Why Young Americans Are Moving Abroad
Colin Maurer
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A recent Harris Poll study has unveiled a striking shift in young Americans’ aspirations: the traditional "American Dream" is evolving into the "Expat Dream." Economic uncertainty, rising costs of living, and political instability are fueling an unprecedented interest in international relocation, with 42% of Americans considering a move abroad to improve their quality of life and financial stability.
Why Are Americans Looking to Relocate?
The study underscores key factors driving this trend:
- Financial Challenges: Nearly half (49%) of those considering a move cite lower living costs as a primary motivator. With homeownership increasingly unattainable—68% believe it is no longer feasible for most Americans—many are looking elsewhere for economic security.
- Political and Social Concerns: Dissatisfaction with political leadership has grown, with 48% pointing to governance as a reason to leave. Additionally, many marginalized groups feel their rights are at risk, further motivating relocation.
- Quality of Life: 43% of Americans believe that life abroad offers greater stability, safety, and access to superior public services like healthcare and education.
Younger Generations Lead the Charge
Younger Americans are the most eager to embrace the expat lifestyle:
- 63% of Gen Z and 52% of Millennials have considered moving abroad, with nearly one in five seriously contemplating trading Michigan for Mexico City, or Boston for Barcelona.
- By contrast, only 35% of Gen X and 26% of Boomers have entertained the idea, with fewer taking active steps to relocate. This is expected, as Gen X and Boomers hold more wealth on average compared to younger generations.
This generational divide highlights a shift in priorities: while older generations traditionally sought stability within U.S. borders, younger Americans are prioritizing international mobility and global economic opportunities. Many younger Americans simply want similar lifestyles and economic vitality to that of their parents, and are willing to move abroad to realize that desire.
Where Are Americans Looking to Move?
English-speaking nations remain top choices for relocation, including Canada, the U.K., and Australia. However, picturesque Western European destinations like France, Italy, and Spain are highly popular, and affordable Japan is high on the list. Here are the top 10 countries Americans are considering:
- Canada
- United Kingdom
- Australia
- France
- Italy
- Japan
- Mexico
- Spain
- Germany
- New Zealand
Western Europe and Oceania, known for their high quality of life, social safety nets, and relative economic stability, are particularly attractive to those seeking long-term security.
The New Safety Net: Second Citizenship & Global Options
One of the most significant findings of the study is the growing interest in dual citizenship. 66% of Millennials and Gen Z are actively exploring second passport options as a means of increasing travel freedom, accessing better financial opportunities, and securing an international safety net.
At a time when global uncertainty is at an all-time high, investment migration programs have become an essential strategy for those seeking financial resilience and personal security. Whether through citizenship-by-investment or residency-by-investment programs, Americans are leveraging global mobility solutions to take control of their future.
How We Can Help
At Immigration Diligence, we specialize in helping individuals and families navigate the path to global residency and citizenship. Whether you're seeking a second passport, tax-friendly residency options, or a fresh start abroad, our team is here to guide you through every step of the process.
As the American Dream transforms, are you ready to embrace the Expat Dream? Contact us today to explore your options and secure your future beyond borders.
