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5 Reasons Why Entrepreneurs Flee America (And You Should, Too)

5 Reasons Why Entrepreneurs Flee America (And You Should, Too)


    Move over Generation X…there’s a new generation on the rise. But don’t worry. They’re not invading coffee shops, smoking cigarettes or hanging out at the mall. In fact, they’re not even here.

    Introducing Generation X-Pat

    Unlike previous generations, Generation X-Pat is not defined by birth years. They aren’t the same age, race, or creed. Gen X-Pat are those who have fled America and have no plans of coming back.

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    And they are increasing at a rapid rate. In 1999, there were only 4.1 million U.S. citizens living overseas. Today, there are 6.32 million. Plus, the number of Americans planning to move overseas has increased by 1.7 percent since 2009.

    They’re entrepreneurial, too. Spend time in Central America and you’ll notice nearly every expat owns their own business. Whether it’s a bakery, non-governmental organization, property management firm, or Internet person (how ever they make money), American’s entrepreneurial spirit is still going strong… even if it’s going somewhere else.

    Below are five reasons why many entreprenuers flee America for elsewhere:

    1. High Taxes

    The United States has the second highest corporate tax rate in the world (behind Japan). At the high end of 35% that’s almost triple Ireland’s tax rate.

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    Thanks to a few legal loopholes, however, U.S. companies pay the same or only slightly more than other countries. This means U.S. companies are shifting their profits – and the jobs that come with them – to low tax countries like Ireland, Denmark and Austria.

    If companies are leaving… why shouldn’t entrepreneurs?

    2. A Faltering Economy

    According to the Bureau of Labor Statistics, the unemployment rate has more than doubled from 4% in 2000 to 8.3% in 2012. With less opportunity domestically, many entrepreneurs are heading abroad to find their fortunes.

    Developing nations – especially those in Central America – are a haven for entrepreneurs. They offer a lower barrier of entry and therefore less risk is things don’t turn out.

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    Plus, as many X-Pats reveal in this interview, there is little to no competition for opening a small business in developing nations.

    3. Internet = Freedom

    The Internet is everywhere… and entrepreneurs are happy to get paid in dollars while living on quetzales, cordobas or baht. When you compare the cost of living between the U.S. and Guatemala, it’s easy to see how far your money goes.

    Working outside a traditional office is also a great way to prevent burnout.

    4. Escape from Suburbia

    Many X-Pats grew tired of suburban sprawl. Combine that with the rising costs of U.S. cities and moving abroad seems like an obvious choice.

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    My husband and I grew up in Silicon Valley. There used to be orchards and small, individual towns. Now, each city spills over into a seemingly endless procession of planned neighborhoods, Starbucks and strip malls. Wouldn’t you want to see something different?

    Which leads us to our final reason…

    5. A Desire To Go

    Some reasons listed here are decidedly negative. But one positive is that travel is good for you. Traveling takes you out of your comfort zone, challenges you in ways you never imagined and ultimately reveals who you are.

    Will these Generation X-Pats return? Or will they – and others like them – continue to flee America in search of opportunity and adventure? And if they do leave, what effect will this have on the U.S. economy?

    How do you feel about Generation X-Pat? Leave your thoughts in the comments below.

    (Photo credit: Airline Passengers via Shutterstock)

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    5 Reasons Why Entrepreneurs Flee America (And You Should, Too)

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    Last Updated on January 11, 2021

    11 Hidden Benefits of Using Oil Diffusers

    11 Hidden Benefits of Using Oil Diffusers

    Affordable, relaxing, and healthy, oil diffusers are gaining popularity with people everywhere due to their extensive benefits. Oil diffusers work through the simple process of oil diffusion, which uses heat to turn oil into a vapor that is then spread around a living space. Diffused oil can have several relaxation and health-related benefits, including safe scent-dispersion, mosquito and mold defense, stress relief, and more!

    Read on for 11 hidden benefits of using oil diffusers.

    1. Safe Scents That Make Sense

    Unlike candles or air fresheners, oil diffusers release cleansing molecules into your air that work to purify it, not overload it with unhealthy chemicals. Electronic diffusers also do not pose the fire risk that candles do. Plus, they contain the added feature of interchangeability, which means you change oil types for different scents and health benefits.

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    2. Stress Relief

    Several lab studies have confirmed that diffusing essential oils like lavender have been shown to reduce stress and help relieve anxiety in medical patients. Preliminary studies have also shown that oil diffusers can help alleviate symptoms of depression.

    3. Improved Sleep

    Diffused oil has relaxing properties that can help people of all ages fall asleep quicker and sleep more soundly. Electronic diffusers not only have the option to mix and match different oil blends (Try a lavender, Bulgarian rose, and Roman chamomile blend to help with insomnia), they also run at a gentle hum that helps relax an agitated mind. Many also come with an auto shut-off feature to help conserve oils once you have fallen asleep.

    4. Appetite Control

    Much like gum, oil diffusers can help stimulate the senses in a way that works to curb appetite. New research has shown that diffused peppermint oil can help curb appetite by inducing a satiety response within the body. Diffused peppermint oil has also been shown to increase energy.

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    5. Bacteria and Mold Killing

    When essential oils are diffused in the air, they break down free radicals that contribute to the growth of harmful bacteria. Eucalyptus, thyme, and tea tree oils are especially good for this purpose. Diffused oil is also highly effective when it comes to combating fungal yeast threats, as the oil help makes the air inhospitable for yeasts such as mold. Pine and red thyme essential oils are best for combating mold.

    6. Decongestion and Mucus Control

    Ever tried Vick’s Vapo-Rub? Its decongesting powers come from active ingredients made from the eucalyptus tree. In principle, oil diffusers work the same way as Vapo-Rub, except they diffuse their decongesting vapor all around the room, not just on your chest or neck. Oil diffusers have been known to cure pneumonia in lab mice.

    7. Mosquito Repellant

    Nobody likes mosquitoes — but when the trade-off means using repellants full of DEET, a toxic chemical that can be especially harmful to children, mosquito control can often seem like a lose-lose. However, scientists have shown that oil diffusers can be used as a safe and highly effective mosquito repellant. Studies have shown that a diffused oil mixture containing clove essential oil and lemongrass essential oil repelled one type of Zika-carrying mosquito, the Aedes aegypti mosquito, at a rate of 100%.

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    8. Pain Relief

    While applying oils directly to areas of your body may be the most effective way to alleviate pain, diffusing essential oils can also be an effective means of pain relief. When we inhale healthy essential oils, they enter our blood stream and can help internally relieve persistent pain from headaches, overworked muscles, and sore joints.

    9. The New Anti-Viral

    Research into the anti-viral effects of oil diffusion is now just gaining steam. A recent study showed that star anise essential oil was proven in medical experiments to destroy the herpes simplex virus in contained areas at a rate of 99%. Another study showed the popular DoTerra oil blend OnGuard to have highly-effective influenza-combating powers.

    10. Improved Cognitive Function

    Diffusing essential oils has also been shown to improve cognitive function. Many essential oils have adaptogenic qualities, which can work twofold in soothing us when we’re stressed, and giving our bodies a pick-me-up when we’re feeling down or sluggish. By working to level out an imbalanced mood, diffused oils also help us to focus. There are also several essential oils which have been shown to help balance the body’s hormones. With prolonged use, these oils can work to repair the underlying causes responsible for hindering cognitive function.

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    11. Money Saving

    With ten clear benefits of oil diffusers already outlined, there is one more that should now be obvious: using an oil diffuser will help you to save money. As an anti-viral, bug repelling, and stress-relief solution rolled into one safe product, an oil diffuser used with the proper oils will save you money on products you might otherwise be buying to help cure those pesky headaches or get your kids to fall asleep on time. If you’re wondering just how affordable oil diffusers can be, check the buyer’s guide to the best oil diffusers — you’ll be sure to find one that fits your budget!

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