There are many countries in the world which are competing for more people â and their cash â all of them seeking to encourage foreign nationals to come and live there. There are many benefits regarding establishing residency,these including the ability to bank and conduct business in that country,as well as to obtain health benefits there.
Another reason for moving your life is that the cost of living is lower in some countries and,depending on what you want,the weather may be more your cup of tea. However,if you desire a really low cost of living,you will have to relocate to a developing country. As this can create its own problems,many people are more interested in first or second-world country with a better,modern infrastructure and a mostly stable political system.
While residency is easy to obtain in many nations,including the developed countries in the list below,getting citizenship is more difficult. But it is not impossible. You do have to be careful though,as setting up permanent residency or becoming a citizen of another country,may subject you to the taxes of your new nation.