South Africans Seeking a Plan B: Insights from International Global Citizen Andrew Rissing

🌍South Africans are keen on finding a Plan B and exploring opportunities to move abroad.

🏖️Portugal's golden visa program was a popular choice, but recent changes in the tax regime have created uncertainty.

💼Moving abroad requires careful financial planning and consideration of skills and business opportunities.

🇬🇧The UK remains a compelling destination, especially in the financial industry.

🌟Thorough research and understanding of the destination's cultural and business environment are crucial before making a decision.

What is a Plan B?

—A Plan B refers to the idea of having an alternative plan or option, especially in terms of moving to another country for various reasons such as economic or political stability.

Why was Portugal's golden visa program popular?

—Portugal's golden visa program allowed foreigners to obtain residency by making an investment in the country. It was attractive to South Africans looking for a Plan B due to factors like the country's safety, quality of life, and favorable tax regime.

What factors should South Africans consider before moving abroad?

—South Africans should consider factors such as financial planning, job prospects in their field, cultural fit, and business opportunities in the destination country. It is important to research and understand the environment before making a decision.

Is the UK still a viable destination for South Africans?

—Yes, the UK remains a compelling destination for South Africans, especially in the financial industry. However, it is crucial to consider factors like the impact of Brexit and the job market.

Why is thorough research important before making a decision to move abroad?

—Thorough research helps individuals understand the cultural, economic, and business environment of the destination country. It allows them to make informed decisions, mitigate risks, and ensure a smoother transition to the new country.

00:00South Africans are actively seeking a Plan B or a different life for themselves and their children.

05:39Portugal's golden visa program was a popular choice, but recent changes in the tax regime have caused uncertainty.

17:20Moving abroad requires careful financial planning and consideration of skills and business opportunities.

29:40The UK remains a compelling destination, especially in the financial industry.

41:39Thorough research and understanding of the destination's cultural and business environment are crucial before making a decision.