The Top Five Destinations That Expats Regularly Leave to Move Back Home
There are many reasons why expats will look to move home and there are also many countries which appear to have more than their fair share of expats moving back to their former homelands.
We hereby list the top five destinations that expats regularly leave to move back home to give you an idea of where problems may occur and why people may move back home.
Dubai Dubai was for many years the ultimate in expat hotspots with a growing economy, skill shortages in the job market and a local authority which wanted as many skilled expats in the region as possible.
However, once the worldwide recession began to grab hold the Dubai economy came under pressure and slowly but surely we saw demand for expat workers fall.
When this gradual fall became more severe we then saw many expat workers losing their jobs and having to move back home because they could not afford to live in the country.
Greece Greece has been in the headlines for all the wrong reasons over the last few months, with government spending now out of control and the country effectively "bankrupt".
Despite the fact that the European Union has stepped in with a massive bailout package for the Greek economy there are concerns that it may not be enough and massive job cuts are expected in the short to medium term.
As a consequence, those who moved to Greece to enjoy a relatively luxurious lifestyle are now looking to move back to their former homelands and rebase.
The UK The UK may well be a surprise entry on the list of countries which are losing more than their fair share of expats but when you consider the massive increase in the cost of living, economic problems and job shortages, it is not a surprise.
For many people the UK was seen as the "saviour" of those who came from countries where income and job prospects were very low.
However, even those who've come from some of the poorer nations of the world are now beginning to reconsider their move to make a new life for themselves in the UK.
China China is a country which many see as the future economic powerhouse of the world with experts suggesting it will soon overtake the US.
However, while the Chinese economy has remained relatively strong during these worldwide economic upheavals, there are many sides to the Chinese way of life and the Chinese economy.
As the rich get richer the poorer are now more destitute than ever and the Chinese authorities still have a stranglehold on everyday life in the country.
As a consequence, many expats are now returning to their former homelands having "lived the dream" only to find it was not quite how it was sold.
Nigeria Nigeria is a country which in the eyes of many people has been on the verge of economic prosperity for many years but it has just not managed to get there.
Despite the fact the country has massive oil resources the expected impact upon the Nigerian economy and the Nigerian people has yet to hit home.
The country is still plagued by political upheaval, crime, fraud and even the vast majority of Internet scams appear to originate from the area.
Many still believe that Nigeria will "come good" in the end but in the meantime many expats are looking at a safer and more secure life back "home".
We hereby list the top five destinations that expats regularly leave to move back home to give you an idea of where problems may occur and why people may move back home.
Dubai Dubai was for many years the ultimate in expat hotspots with a growing economy, skill shortages in the job market and a local authority which wanted as many skilled expats in the region as possible.
However, once the worldwide recession began to grab hold the Dubai economy came under pressure and slowly but surely we saw demand for expat workers fall.
When this gradual fall became more severe we then saw many expat workers losing their jobs and having to move back home because they could not afford to live in the country.
Greece Greece has been in the headlines for all the wrong reasons over the last few months, with government spending now out of control and the country effectively "bankrupt".
Despite the fact that the European Union has stepped in with a massive bailout package for the Greek economy there are concerns that it may not be enough and massive job cuts are expected in the short to medium term.
As a consequence, those who moved to Greece to enjoy a relatively luxurious lifestyle are now looking to move back to their former homelands and rebase.
The UK The UK may well be a surprise entry on the list of countries which are losing more than their fair share of expats but when you consider the massive increase in the cost of living, economic problems and job shortages, it is not a surprise.
For many people the UK was seen as the "saviour" of those who came from countries where income and job prospects were very low.
However, even those who've come from some of the poorer nations of the world are now beginning to reconsider their move to make a new life for themselves in the UK.
China China is a country which many see as the future economic powerhouse of the world with experts suggesting it will soon overtake the US.
However, while the Chinese economy has remained relatively strong during these worldwide economic upheavals, there are many sides to the Chinese way of life and the Chinese economy.
As the rich get richer the poorer are now more destitute than ever and the Chinese authorities still have a stranglehold on everyday life in the country.
As a consequence, many expats are now returning to their former homelands having "lived the dream" only to find it was not quite how it was sold.
Nigeria Nigeria is a country which in the eyes of many people has been on the verge of economic prosperity for many years but it has just not managed to get there.
Despite the fact the country has massive oil resources the expected impact upon the Nigerian economy and the Nigerian people has yet to hit home.
The country is still plagued by political upheaval, crime, fraud and even the vast majority of Internet scams appear to originate from the area.
Many still believe that Nigeria will "come good" in the end but in the meantime many expats are looking at a safer and more secure life back "home".