As the turmoil in South Africa continues to degrade the country, more people become disillusioned with life here. It is not only the poor management of the currency, or the coronavirus restrictions but systemic corruption, theft, the expansion of the welfare state, and the failure to secure reliable energy that makes this country a hotbed for controversy.
As people become poorer and fall below poverty lines, as they fail to secure work and a livelihood for themselves, as they fail to access basic services that provide humans with a dignified living, they become angry. That anger manifests in gender-based violence, crime, racism, and populism giving rise to xenophobia.
This only adds further instability to the country that investors price in and reduces their exposure to South Africa. As you can tell there are more than enough reasons for people to jump ship, short of you living cozy as a 1%'r here you're feeling the pinch.
I feel like every week someone I know is planning or has moved to a new country to seek a better life. I honestly understand and I hope they do well, we all deserve the best life we can live.
Leaving your home country behind isn't an easy decision and you have embraced a lot of unknowns, unknowns that can be costly. This is especially true for those who leave developing nations for the developed nations.
Sure the standard of living is higher but so is the relative cost of living and if you're not able to adjust it can just mean trading one set of problems for another.
Deciding to leave a country, you also make the decision to leave others behind. If relationships are important to you, then leaving your friends and family can be a tough decision to make. Ones many aren't willing to trade, as they find comfort in those circles.
Leaving for a new country, you need to make sure you have skills that fit their job market. No sense in moving to a place where you cant find work or can only find work that puts you in a state of poverty. If you don't have marketable skills it would be wise to upskill before you move on.
Moving ain't cheap, especially now with quarantine rules and with some countries asking you to pay out of your pocket, it surly rules out a lot of people. Short of a company willing to sponsor to bring you over, a lot of people are out of luck.
Having investments like a business or property can make it harder to leave. Either people depend on you for their job or the asset is so illiquid trying to sell it in the current climate to fund your move might be tough.
As governments look for revenue, any sort of large liquidation sales will be hit with taxes and therefore leaving you with far less to try and start a new life somewhere else.
I know a lot of South Africans are looking to jump ship and I don't blame them, the country is offering you less for your labour and productivity. Any rational actor would look elsewhere, as they say, go where you are treated best.
What do you good people of HIVE think?
So have at it my Jessies! If you don't have something to comment, "I am a Jessie."
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