From the beginning of known human existence, individuals and their families have been international nomads.
 

Driven by climate change, food sources, culture, religion, socioeconomics, and trading interests via ancient land and sea routes, our ancestors were people on the move.

We are even more mobile today. Our world is on the move, incessantly restless, aggressively in pursuit of the next new thing, the next big success, the next global product launch.

The accessibility of global trade markets in our current business environment has generated the largest transition of

• ideas,
• individual & business opportunities
• remunerations to home countries,
• people seeking immigration & emigration, and
• ownership of physical and intangible multi-jurisdictional assets in history.

Mobile people, in embracing migratory transitions that dramatically impact their lives, know that it will be financially challenging, as well as difficult (sometimes devastating) to families and personal relationships in a home country, but finding their personal situation adversely affected by changes in economic and employment environments, inflationary pressures, political instability, and sheer unaffordable lifestyles, are making permanent emigration to a receptive third (fourth or more) country a desired goal.
 
International mobility enhances a country’s Gross Domestic Product. Globally mobile individuals, who must often make terribly difficult personal sacrifices to seek gainful employment abroad, will during their offshore tenure, generate millions in personal savings (in much sought after hard currency) to be remitted to their families in the home country.

The Migration Policy Institute Global Remittances Guide map demonstrates that in 2015, remittances by expatriate citizens to the home country were near or at 10 percent of GDP, with quite a few contributing 20 percent or more of GDP, a significant contribution to home country coffers.

International mobility is advantageous for global businesses. Worldwide, country-by-country, the pace of global corporate business mobility has never slowed.

Multinational entities will move where the business is in order to meet marketing needs, and open new consumer frontiers.

It could probably be stated conservatively that every large multinational entity employs global mobility strategies.
 

Inherent within such mobility are myriad decisions relative to specific country / culture tailored products, transfer pricing, taxation policies compliant with tax treaties, international and domestic tax laws, environmental regulatory awareness, adherence to global accounting standards (IFRS), strict compliance with international and domestic securities laws, AML (Anti-Money Laundering), (KYC) Know Your Client Reporting Regulations, FATCA, GATCA, OECD Common Reporting Standards, the EU Directive, the pending OECD/G20 Base Erosion & Profit Shifting Initiative, Financial Crimes on foreign bribery, corruption, domestic and international employee regulations relative to benefits, compensation, and so on.

Internationally, global nomad is the key word. Millions of Citizens in multiple countries across the globe are relocating as expatriates outside their home environment, seeking inclusion in the global migratory career track, while expanding career opportunities, linguistic capabilities, along with their corporate employers’ outreach into new markets and production facilities diversification.   

Domestic Businesses, large and small, are evolving, ever expanding and relocating: moving key head quarters, employees, divisions and even global holdings overseas.
 

Migration moves are executed for a number of reasons, but aligning corporate mandates closer to the largest / fastest growing customer bases, often in the Far East, cost efficiencies, and expansion planning for new product development are large decision drivers.    

The Global Nomad Lifestyle is here to stay! 

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Global Mobility increases taxes in government treasuries. ​​​​​
 

The United States citizenship-based taxation structure continues to receive criticism for its world-wide tax and reporting positions.

However, in the age of global information exchanges, along with implementation of various cooperative reporting initiatives between countries (i.e. FATCA and its emulator-type succesors, GATCA, OECD CRS, EU Directive, etc.), the taxation of non-resident citizens and residents of almost any country across the global spectrum has emulated the US while becoming more determined, strategic, and flexible.
 

Cooperative agreements of various types have given global taxing authorities tremendous jurisdictional reach and the ability to monitor, analyze, compare, track and tax the financial lives of their residents, citizens and nonresidents investing in a country.