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In Pics | Bengaluru among 6 cities emerging as new expat hotspots

In a world reshaped by infection, invasion and inflation, a clutch of cities is challenging the old order, luring companies and start-ups to burnish their credentials as a global city

August 17, 2022 / 12:32 PM IST
As Covid lockdowns, political upheaval and soaring costs drive expats from Hong Kong, and rival Singapore raises the bar for imported labor, young professionals looking for adventure and careers abroad are facing a dilemma. Which will be the cosmopolitan hotspots of the future to lure a vibrant international community with high-paid jobs and affordable luxury lifestyles? (Image: Unsplash)
As Covid lockdowns, political upheaval and soaring costs drive expats from Hong Kong and rival Singapore raises the bar for imported labour, young professionals looking for adventure and careers abroad are facing a dilemma. Which will be the cosmopolitan hotspots of the future to lure a vibrant international community with high-paid jobs and affordable luxury lifestyles? (Image: Unsplash)
While countries from Curacao to Cape Verde have rolled out digital nomad visas for web-based wanderers, building and retaining a large, cosmopolitan talent base takes more than a beach and a wi-fi connection. In a world reshaped by infection, invasion and inflation, a clutch of cities is challenging the old order, luring companies and start-ups to burnish their credentials as a global city. From Dubai to bengaluru, a look at the six cities emerging as hotspots for expats. (Image: Unsplash)
While countries from Curacao to Cape Verde have rolled out digital nomad visas for web-based wanderers, building and retaining a large, cosmopolitan talent base takes more than a beach and a wi-fi connection. In a world reshaped by infection, invasion and inflation, a clutch of cities is challenging the old order, luring companies and start-ups to burnish their credentials as a global city. From Dubai to Bengaluru, six cities are emerging as hotspots for expats. (Image: Unsplash)
Kuala Lumpur | Long overshadowed by neighboring Singapore as a destination for expat workers, the Malaysian capital is becoming increasingly attractive to global businesses because of its large English speaking workforce, easy flight connections around the region and relative affordability. In 2021, the city ranked first in a worldwide survey of some 12,000 expats by InterNations, scoring top for housing. (Image: Unsplash)
Kuala Lumpur | Long overshadowed by neighbouring Singapore as a destination for expat workers, the Malaysian capital is becoming increasingly attractive to global businesses because of its large English-speaking workforce, easy flight connections around the region and relative affordability. In 2021, the city ranked first in a worldwide survey of some 12,000 expats by InterNations, scoring top for housing. (Image: Unsplash)
Lisbon | One of the oldest cities in Europe, Lisbon has reinvented itself as a hipster destination, hosting events such as the annual Web Summit and offering a mix of culture, nightlife and warm weather within easy reach of some of Europe’s most spectacular beaches. Described last year by expat website Dispatches as “arguably the most popular expat destination in Europe at the moment,” Lisbon is enjoying a boom that has seen property prices steadily rise as an influx of wealthy immigrants buy houses in the capital or along the nation’s fabled Algarve coast. (Image: Pixabay)
Lisbon | One of the oldest cities in Europe, Lisbon has reinvented itself as a hipster destination, hosting events such as the annual Web Summit and offering a mix of culture, nightlife and warm weather within easy reach of some of Europe’s most spectacular beaches. Described last year by expat website Dispatches as “arguably the most popular expat destination in Europe at the moment,” Lisbon is enjoying a boom that has seen property prices rise as an influx of wealthy immigrants buy houses in the capital or along the nation’s fabled Algarve coast. (Image: Pixabay)
Dubai | Dubai has been challenging Hong Kong and Singapore for expat traffic for more than a decade now and the combination of the pandemic and war in Europe has made the Emirate even more popular. With the jagged spire of the Burj Khalifa soaring over a collection of futuristic architecture, Dubai has invested billions in creating a city of the future. (Image: Unsplash)
Dubai | Dubai has been challenging Hong Kong and Singapore for expat traffic for more than a decade now and the combination of the pandemic and war in Europe has made the Emirate even more popular. With the jagged spire of the Burj Khalifa soaring over a collection of futuristic architecture, Dubai has invested billions in creating a city of the future. (Image: Unsplash)
Bengaluru | Bengaluru, or Bangalore as it’s still called by many locals and expats, has become one of the world’s fastest-growing tech hubs, home to thousands of startups and software firms, fueled with money from global technology companies and blue-chip foreign investors such as Sequoia Capital and Goldman Sachs. Venture capital is flowing into the southern Indian city faster than to London or San Francisco by one estimate, surging to $7.2 billion in 2020 from $1.3 billion in 2016. With a growing expat community has come international schools, as well as bars and bistros that serve everything from craft beers to pork ribs. (Image: Unsplash)
Bengaluru | Bengaluru, or Bangalore as it’s still called by many locals and expats, has become one of the world’s fastest-growing tech hubs, home to thousands of startups and software firms, fuelled with money from global technology companies and blue-chip foreign investors such as Sequoia Capital and Goldman Sachs. Venture capital is flowing into the southern Indian city faster than to London or San Francisco by one estimate, surging to $7.2 billion in 2020 from $1.3 billion in 2016. With a growing expat community has come international schools, as well as bars and bistros that serve everything from craft beers to pork ribs. (Image: Unsplash)
Mexico City | A vast urban sprawl of nearly 22 million people, Mexico City may seem an unlikely candidate for an expat haven, but the oldest capital in the Americas has been rapidly gaining attention as a center of entrepreneurs and startups in Latin America. Mexico topped the global ranking in InterNations’ 2022 Expat Insider ranking of the best countries to live in and its high-altitude capital is home to foreigners from all over the world. Blending seven centuries of history with some of the region’s most progressive policies — the city was the first in Latin America to legalize same-sex marriages — the capital is also home to one of the most vibrant restaurant scenes in the Americas. (Image: Unsplash)
Mexico City | A vast urban sprawl of nearly 22 million people, Mexico City may seem an unlikely candidate for an expat haven but the oldest capital in the Americas has been rapidly gaining attention as a centre of entrepreneurs and startups in Latin America. Mexico topped the global ranking in InterNations’ 2022 Expat Insider ranking of the best countries to live in and its high-altitude capital is home to foreigners from all over the world. Blending seven centuries of history with some of the region’s most progressive policies—the city was the first in Latin America to legalise same-sex marriages—the capital is also home to one of the most vibrant restaurant scenes in the Americas. (Image: Unsplash)
Rio de Janeiro | Steeped in glamour for much of the 20th century, the former capital of the Portuguese empire boasts an iconic backdrop of tree-covered mountains surrounding one of the world’s most spectacular natural harbors. While the city suffered a decline in the 1990s, overshadowed by financial hub Sao Paulo, the laid-back vibe and world-famous beaches of Rio continue to hold an allure for foreigners moving to South America’s largest economy. (Image: Unsplash)
Rio de Janeiro | Steeped in glamour for much of the 20th century, the former capital of the Portuguese empire boasts an iconic backdrop of tree-covered mountains surrounding one of the world’s most spectacular natural harbors. While the city suffered a decline in the 1990s, overshadowed by financial hub Sao Paulo, the laid-back vibe and world-famous beaches of Rio continue to hold an allure for foreigners moving to South America’s largest economy. (Image: Unsplash)
Bloomberg
first published: Aug 17, 2022 12:32 pm
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