Backpackers & WEALTHY Expats Coming To Live in Medellin

Описание к видео Backpackers & WEALTHY Expats Coming To Live in Medellin

Medellin Is Changing: The Different Type Of Expats Over 13 Years
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The evolution of Medellin's expat community and tourists reveals a significant shift over the years. Initially attracting backpackers and older expats, Medellin saw changes post-2010. Positive developments like the electric stairs in low-income areas garnered international attention, boosting the city's image. Shifts continued with increased tourism, especially bachelor parties, followed by solo female travelers post-2018. The pandemic brought a slowdown, but 2021 marked a surge in digital nomads and families moving in, drawn by low living costs and better infrastructure. The introduction of the Digital Nomad Visa in 2022 intensified this trend, enticing people to establish long-term bases. Recently, a new wave emerged—wealthier expats seeking property investments, drawn by the city's amenities, climate, and cost-effectiveness.

Highlights
🎒 Initial influx: Backpackers and older expats
🌟 Positive developments: Electric stairs boosted Medellin's reputation
⚽ Sports spotlight: World Cup 2014 increased tourism
🎉 Party shift: Rise of bachelor parties, treating Medellin like mini Las Vegas
👩‍🦱 Solo female travelers: Emergence post-2018 signaled increased safety perception
🦠 Pandemic slowdown: Tourism paused but some saw increased long-term stays
💻 Digital nomad surge: 2021 saw a rise in remote workers due to low living costs
👨‍👩‍👧‍👦 Family influx: Families exploring long-term stays due to affordability
📜 Digital Nomad Visa: 2022 introduced visa, attracting longer-term stays
🏘️ Wealthier expats: Recent trend of affluent individuals investing in properties due to cost-effectiveness and amenities

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