The past few years have been a real eye-opener about how unpredictable the future can be. Nobody could have guessed that by 2023, we would have just overcome a tough pandemic only to face a war in Europe, supply chain issues, a shaky energy scene, and skyrocketing inflation. Even the wealthiest countries are feeling the heat of the rising cost of living, while the changing political and economic alliances are shaping a new world order. It is still too early to say how all this will play out, but I will share a few thoughts on global trends and developments that have the potential to influence the future landscape of investment migration.
New Mobility Regimes
Investment migration is rapidly evolving. Globally, a whole range of mobility regimes are today in the marketplace. As a result of the COVID-19 pandemic, the number of digital nomad visas has steadily risen, while many countries now offer either entrepreneur or start-up visas. By closely examining the emerging mobility regimes, one can gain valuable insights into crafting effective migration policies that are likely to receive sustained public support in the future.
Estonia was the first country to launch a digital nomad visa in 2020, which fast became the ultimate concept for countries to attract remote workers. Just two years later, in 2022, more than 25 countries ran similar programmes, according to a Migration Policy Institute report, making it one of the most important trends in the immigration space in recent years.[i]
The concept behind these pathways is relatively straightforward: they provide foreign individuals with a temporary residency permit, allowi…