International Women’s Day, A Surprise Meeting, and More!

This article was published in the Escape Artist Weekly Newsletter on March 09, 2018. If you would like to subscribe to the newsletter, please click here.

Hello Readers,

A lot has happened this week. People all over the world celebrated womanhood while bringing awareness to discrimination and violence towards women. Seeing the world come together for the same cause is a great feeling.

Also, following months of prolonged tension between two world leaders, U.S. President Trump and North Korean leader Kim Jong-un will be meeting later this year. There is another meeting between two Kenyan leaders that is almost equally as shocking. A messy election that led to 150 deaths has caused political unrest in the country, but the two candidates are now willing to discuss a solution.

Keep reading to learn about all of this and more!

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Happy International Women’s Day!

Yesterday, the world celebrated International Women’s Day. Many nations around the world celebrated women and fought for gender equality. Let’s look at how different countries celebrated yesterday:

  • In Paris and Madrid, hundreds of people marched for equality and raised awareness for domestic violence.
  • The Gatwick Express in London displayed inspiring quotes to honor women.
  • Israeli and Palestinian women gathered together and expressed unity in Jerusalem.
  • Many gathered to protest sexual violence in New Delhi, India.
  • Military officers in Rio de Janeiro, Brazil, handed out flowers to women.

We, at Escape Artist, would like to thank all of the women on our team and beyond. We recognize you for the strong people that you are, and we appreciate your hard work. I think the following quote sums it up nicely:

“Women are leading the movement in this country. I think it’s an important time and women have the power to make a huge change. Not only in their own lives and their own communities, but frankly in the direction of the country. ” – Cecile Richards, activist

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Speaking of Women…

Since women have been a topic of interest this week, I’ve found some great statistics regarding the women expat workforce. In a recent HSBC Expat Survey, the top Asian nations for expat women workers were named. The survey covered many topics concerning women expat workers, from work and life balance, job security, and personal fulfillment.

Overall, the leading nation was Singapore, followed by Hong Kong, South Korea, Japan, China, Malaysia, and India. In terms of career progression, however, China won. Here are some other statistics regarding the women workforce for expats in Asia:

  • Best country to acquire new skills: Hong Kong
  • Best place to improve earning prospects: Singapore
  • Best country to experience good work and life balance: Thailand
  • Best job security: Japan and Taiwan
  • Best work culture: Singapore
  • Most fulfillment at work: Singapore

Mark Surgenor, acting head of premier and wealth in Asia Pacific of HSBC says, “Women expats bring new energy to a growing international workforce. There is a myriad of benefits as well as challenges in a life away from home, which includes adapting to a new culture and lifestyle, managing complex finances, and staying connected to family and friends back home.”

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An Unlikely Friendship?

After months of rising tension and communication through Twitter, U.S. President Donald Trump and North Korean leader Kim Jong-un are set to meet in person by May. This news was delivered by South Korean officials following North and South Korean leaders seeming to get along during the 2018 Winter Olympics.

Many may be shocked by this. During his talks with South Korean leaders, Kim Jong-un stated that he is committed to denuclearization, and President Trump sees the potential for this meeting as great progress.

Who knows what may happen during this meeting in May, but hopefully tensions will simmer. Worry began to rise when North Korea continued nuclear testing last year while making threats to Trump regarding the missiles. I guess we will have to wait until May.

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Could a Year-Long Bitter Quarrel be Finished?

In the world of unlikely meetings, Kenyan president and the opposition leader are beginning a process of reconciliation after a controversial election. Last year, Uhuru Kenyatta won the presidential election against Raila Odinga. Odinga, not happy with the results, refused to recognize Kenyatta as his president and named himself the “people’s president.” This election cost the lives of over 150 people due to the dispute.

Until now, they have both refused to talk. Experts say that mending their relationship won’t be easy, noting that Kenya is sharply divided among ethnic lines due to the standoff.

To begin the process, Kenyatta and Odinga held their first public meeting since the poll. President Kenyatta even referred to his opposition has his brother in their joint address.

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Thank you for reading this week’s round-up! If you’re interested in learning what it’s like to expatriate, don’t hesitate to ask some questions. At Escape Artist, we aim to ensure that your travels abroad run as smoothly as they can.

If you are interested in helping us plan an Escape Artist conference, fill out our quick survey to tell us what you want to see! For the next two weeks, enter for a chance to win a stay in Belize!

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Whether you are planning on living, working, retiring, or investing overseas, Escape Artist can help you every step of the way. Don’t forget to check out the eBook store for the 2018 Expat Tax Guide and our wonderful country guides!

For more information on what’s going on in the international scene, check out some of this week’s newest articles!

AGROCOIN COULD REVOLUTIONIZE MEXICO’S AGRICULTURAL INDUSTRY

The Agrocoin is a virtual currency, backed by the production and sale of habanero peppers. For only 500 pesos, the investor can buy one square meter of land. The investment contract lasts one year and offers 30% annual returns that are distributed in three installments.

Armando Navar, a Mexican public accountant, bought a few square meters of land in Cancun where the company Amar Hidroponia sows habanero pepper. He does not have to worry about planting, harvesting, or selling the product, he’s just a virtual investor. In exchange for his capital injection, he received…

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LIFE IN PANAMA PACIFICO

In 2008 the Panama Pacifico Project was just starting. The goal was to build an industrial and residential area in 410 acres of land, where its proximity to Panama City and unique tax incentives would attract many investors and people looking to call Panama home. A couple of years later, and more than 300 businesses from diverse industries have established themselves there, giving jobs to more than seven thousand people.

The Panama Pacifico Area is one of the most important projects in Panama, which includes the…

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RESIDENCY OPTIONS IN CROATIA

Located in Central and Southeast Europe on the Adriatic Sea, Croatia offers a much cooler landscape than many of the popular expat spots. Fortunately, United States and Canadian citizens do not need short-term visas to visit Croatia and stay for up to 90 days within a six-month period. You simply need a valid passport with a couple of free pages. Those who wish to stay for longer than 90 days (or move abroad to Croatia), however, must apply for the temporary residence permit.

Temporary Residency Permit

To qualify for temporary residency in Croatia, you’ll have to provide the mandatory documentation and a reason for why you want to live in the country. Your reasons can be for…

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INVEST IN CROATIA

Croatia was one of the fastest growing countries in Central Europe, from 2000 until the global economic crisis in 2008, in which year the country took a hit – especially in tourism. Since then, it has been struggling to return to pre-crisis levels. Croatia began showing signs of recovery in 2014, and the tourism industry is on the up and up, with overseas investors beginning to show interest once again. As it fully integrates into the European Union, business opportunities will continue to grow for other countries involved.

Croatia’s main foreign trade partners are Italy and Germany, and nearly two-thirds of the economy is privatized. About 90 percent of bank assets are privately owned, mostly by foreign investors.

Investment Visa

When you apply for your temporary residency permit in Croatia, you can…

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THE WHY AND HOW OF RETIRING IN CROATIA

If you’re looking for a place to retire abroad in Europe, Croatia could be your spot. It has the charm and beauty of Italy, but without the high cost of living. The weather is warm and sunny on the Adriatic – making it perfect for growing grapes for wine! Other parts of the country are cooler, and old Mediterranean architecture graces all areas of this country. The beaches and the water are pristine, and it’s a great place to have a yacht or sailboat, or to go diving. The water is so clear!

Cost of Living

With the influx of new attention towards Croatia, living costs are rising, but they are still lower than those of…

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This article was published in the Escape Artist Weekly Newsletter on March 09, 2018. If you would like to subscribe to the newsletter, please click here.