The collapse of the Soviet Union in 1989 ushered in an era of globalization and expansive systems of international manufacturing and trade. This phenomenon, coupled with the rise of the digital and information economy, led to unprecedented levels of migration from the United States as new generations of Americans, free from the confines of offices and national boundaries, sought their fortunes abroad.
The reshaping of the global economy has also created a new category of American exiles and expatriates often referred to as economic expatriates. Many left and continue to leave the United States in search of improved quality of life and standards of living.
Hospital in Thailand
Bumrungrad International Hospital in Bangkok, Thailand is one of a number of luxury hospitals catering to the medical needs of Americans and other foreign patients at a fraction of the cost in the United States. Some Americans with chronic medical conditions have moved to Thailand permanently to avail themselves of lower health care costs.
Mike Piazza (1968 – )
Hall of Fame Baseball player Mike Piazza (Los Angeles Dodgers, New York Mets) is considered by many experts to have been the best hitting catcher in Major League Baseball history. He resides with his family in Parma, Italy and once owned the Italian soccer (football) club, A.C. Reggiana.