Home » 4 Countries Rolling Out The Red Carpet For Expat Entrepreneurs

4 Countries Rolling Out The Red Carpet For Expat Entrepreneurs

In an era of increased globalization, the talent pool is no longer confined to borders. Many countries have recognized the importance of attracting skilled professionals, entrepreneurs, and digital nomads from abroad. The expat community has proven to be a driving force in economic development, technological innovation, and cultural exchange. In response, several countries have launched mega projects to attract expats. Here’s a look at five of these ambitious initiatives.

Saudi Arabia – NEOM City

Saudi Arabia’s ambitious NEOM project is a $500 billion city being built from scratch. Located in the north-western region of Saudi Arabia and stretching over 26,500 square kilometers along the Red Sea coast, NEOM also encompasses the “The Line”, which is the 170-kilometer linear urban development which will connect communities and various essential facilities without the need for traditional cars or streets. Targeting a futuristic and sustainable lifestyle, NEOM aims to create an expat-friendly environment, offering world-class facilities, education, healthcare, and recreation. The project reflects Saudi Arabia’s focus on diversifying the economy and reducing dependence on oil. The country is actively promoting foreign investment and creating favorable conditions for expats to work and live in the Kingdom.

NEOM’s design goes beyond traditional urban planning by integrating various economic sectors and industries, aiming to be a global hub for innovation. The project is attracting leading experts in fields such as renewable energy, biotechnology, robotics, and artificial intelligence. A key aspect of NEOM’s allure for expats is its emphasis on creating a balanced work-life environment with opportunities for outdoor recreation, cultural enrichment, and community engagement. The city’s masterplan features environmental conservation, including zero-carbon emissions, thus aligning with the global trend toward sustainability.

Portugal – Lisbon’s Startup Ecosystem

Portugal’s capital, Lisbon, has become a European hotspot for startups and tech companies. Through various incentives like the StartUP Visa Program and the Golden Residence Permit Program, Portugal is attracting talented individuals and entrepreneurs from around the globe 

The city offers competitive advantages like affordable living costs, a strategic location, and a vibrant cultural scene. Beyond the appealing incentives and supportive environment, Lisbon’s startup ecosystem thrives on collaboration and creativity. The city has actively hosted major tech conferences like Web Summit, showcasing its commitment to being at the forefront of the technological landscape. Numerous co-working spaces, tech meetups, and networking events foster an environment where expats can easily integrate and contribute. Moreover, Lisbon’s education institutions have partnered with startups, offering specialized programs in technology, entrepreneurship, and innovation.

Malaysia – Malaysia My Second Home (MM2H) Program

The MM2H Program is a government-backed initiative encouraging expats to make Malaysia their second home. It offers long-term visas, tax incentives, and other benefits to attract retirees, entrepreneurs, and skilled professionals. With its multicultural environment, affordable living, and strategic location in Southeast Asia, Malaysia has become an appealing destination for expats. The country has been actively promoting investment in various sectors, such as tourism and technology.


Get Our Best Articles Every Month!

Get our free moving abroad email course AND our top stories in your inbox every month


Unsubscribe any time. We respect your privacy - read our privacy policy.


The success of the MM2H Program can also be attributed to Malaysia’s broader focus on creating a welcoming environment for expats. The country has been working on enhancing its healthcare system, educational opportunities, and transportation infrastructure to cater to diverse needs. Furthermore, Malaysia has been actively participating in global forums and conventions to showcase its potential as a second home for global citizens. Local communities, tourism boards, and business councils have been working in tandem to make relocation smoother for expats.

Estonia – e-Residency Program

Estonia’s innovative e-Residency program offers global citizens a government-issued digital identity, allowing them to start and manage an EU-based company online. This initiative has made Estonia a favorite destination for digital nomads, freelancers, and entrepreneurs looking to operate within the European market. The program is part of Estonia’s broader effort to position itself as a leader in digital innovation, fostering a global community of e-residents and creating a welcoming environment for expats.

Estonia’s embrace of digital transformation extends beyond the e-Residency Program. The country offers a seamless online environment, where nearly all governmental services are accessible digitally Estonian e-Governance. This technological ecosystem has been highly appealing to the expat community, especially those engaged in tech-driven businesses. Estonia’s commitment to cybersecurity, transparent regulation, and efficient administration has created a trustworthy platform, encouraging global entrepreneurs to engage with the country’s digital services.

Whether it’s through building futuristic cities, nurturing startup ecosystems, or creating unique residency programs, these projects highlight the progressive steps taken to welcome expats. It will be intriguing to watch how these initiatives unfold and influence global migration patterns in the coming years.


Latest Videos

In this short video, we dive into the significant health care updates and changes happening globally in 2024. From Germany's insurance cost adjustments to Cyprus's renewed COVID-19 precautions, we cover the essential news you need to know.  Germany's Health Insurance Update:  Starting in 2024, residents in Germany will see a slight increase in their health insurance costs, with a 0.1% rise to a maximum of 1.7%. This adjustment aims to expand coverage for medical care not currently included in statutory health insurance, such as select dental treatments, IVF, and early cancer screenings.  COVID-19 Measures Reintroduced in Cyprus:  With over 3000 new COVID-19 cases, Cyprus is stepping up its game by reintroducing health measures. Requirements now include proof of a negative COVID-19 test for entry into various facilities, emphasizing the importance of vaccination, especially for the elderly, to combat the evolving virus strains.  Free Health Trials in Trieste, Italy:  Trieste launches an initiative for free health screenings, including echocardiograms and blood tests, focusing on preventive care against non-communicable diseases. This move underscores the city's commitment to improving public health through early detection and prevention.  Spain's New Health Advice App:  Madrid introduces a groundbreaking app offering reliable health advice to counteract the widespread misinformation online. This app, part of the 'Madrid Te Cuida' initiative, will guide users to accurate information, from diet tips to medical queries, ensuring the advice is vetted by health professionals.  Expat Satisfaction with Healthcare in Mexico:  A study reveals that expat retirees in Mexico are largely content with the healthcare quality and costs, with many citing significant savings compared to the United States without compromising on care quality. This insight sheds light on the growing trend of healthcare tourism and relocation for medical reasons.  Stay tuned as we unpack these updates, providing you with the insights and implications of these healthcare changes. Whether it's the impact on your wallet or the quality of care you can expect, we've got you covered in this comprehensive overview of health care in 2024. Don't forget to like, share, and subscribe for more health news around the globe!

In this short video, we dive into the significant health care updates and changes happening globally in 2024. From Germany's insurance cost adjustments to Cyprus's renewed COVID-19 precautions, we cover the essential news you need to know.

Germany's Health Insurance Update:

Starting in 2024, residents in Germany will see a slight increase in their health insurance costs, with a 0.1% rise to a maximum of 1.7%. This adjustment aims to expand coverage for medical care not currently included in statutory health insurance, such as select dental treatments, IVF, and early cancer screenings.

COVID-19 Measures Reintroduced in Cyprus:

With over 3000 new COVID-19 cases, Cyprus is stepping up its game by reintroducing health measures. Requirements now include proof of a negative COVID-19 test for entry into various facilities, emphasizing the importance of vaccination, especially for the elderly, to combat the evolving virus strains.

Free Health Trials in Trieste, Italy:

Trieste launches an initiative for free health screenings, including echocardiograms and blood tests, focusing on preventive care against non-communicable diseases. This move underscores the city's commitment to improving public health through early detection and prevention.

Spain's New Health Advice App:

Madrid introduces a groundbreaking app offering reliable health advice to counteract the widespread misinformation online. This app, part of the 'Madrid Te Cuida' initiative, will guide users to accurate information, from diet tips to medical queries, ensuring the advice is vetted by health professionals.

Expat Satisfaction with Healthcare in Mexico:

A study reveals that expat retirees in Mexico are largely content with the healthcare quality and costs, with many citing significant savings compared to the United States without compromising on care quality. This insight sheds light on the growing trend of healthcare tourism and relocation for medical reasons.

Stay tuned as we unpack these updates, providing you with the insights and implications of these healthcare changes. Whether it's the impact on your wallet or the quality of care you can expect, we've got you covered in this comprehensive overview of health care in 2024. Don't forget to like, share, and subscribe for more health news around the globe!

YouTube Video UCB21b-C4O2aXm7H18_GsXMQ_nC_Fs6gU22U

Expat Focus International Healthcare Update January 2024

Expat Focus 31 January 2024 10:36 am

This error message is only visible to WordPress admins

Important: No API Key Entered.

Many features are not available without adding an API Key. Please go to the YouTube Feed settings page to add an API key after following these instructions.