20 Countries That Will Pay You to Move There in 2024

In This Article:

In this article, we take a look at 20 countries that will pay you to move there in 2024. If you want to skip our detailed discussion of the topic, you can go directly to 5 Countries That Will Pay You to Move There in 2024.

According to the Interactive World Migration Report of 2022, there has been a worldwide increase of 128 million immigrants over the past three decades— the total reached 281 million people in 2020— the year of the Global Pandemic. 

Speaking of the Pandemic, it’s important to note that like all the other aspects of life that were altered and changed during that time, the travel and migration industries experienced the same. During COVID-19, the borders were temporarily shut down, immigration was put on a halt, and the global economy suffered. The World Economic Forum reports that 114 million people lost their jobs to COVID-19 and the lockdowns that followed. With changes as huge as these, naturally, the way of thinking and perspectives changed for a lot of people as well. 

After COVID, the people who (before the Pandemic) were ready to settle as full-time workers for any company as long as they had a job, became more concerned about advancing in their career and doing more. According to the Prudential Financial survey conducted in 2021, 80% of the participants said they would seek new opportunities to advance in their careers. In another survey, 42% of remote workers said that if their current employer does not continue to offer long-term remote work, they will seek new opportunities in a company that does. In other words, people have started prioritizing work-life balance and their careers more than they did before the Pandemic.

Consequently, there is also an increase in the number of full-time freelancers, meaning more people working remotely and independently. The MBO Partners found that full-time freelancers in the US grew by 59% between 2020 and 2022. This also means that during this time, the freelance market grew at an exponential rate. According to Upwork (Nasdaq: UPWK), one of the leading freelance platforms, 68 million Americans freelanced and contributed $1.27 trillion to the US economy in 2023, which is an increase of around $300 billion compared to 2019.

The boom in the freelancing world has also increased the number of nomads around the world. Now that the remote work lifestyle has made life more convenient, more people are looking to move to countries that fulfill their desires better. In fact, a study by MBO Partners finds that in 2023, 17.3 million American workers were describing themselves as digital nomads. Compared to 2019, there was an increase of 10 million American digital nomads by 2023.