Portugal Faces Talent Exodus to Wealthier Nations

Portugal is implementing tax breaks and housing support aimed at retaining young workers as many consider moving abroad for better opportunities. Aerospace engineer Pedro Monteiro, among those affected, emphasizes the importance of government policies to keep talent in the country amid a housing crisis exacerbated by foreign investment. Similarly, Washington University in St. Louis is focused on retaining local graduates through initiatives that encourage students to stay in the region after graduation. In Montenegro, professors criticize a draft law on higher education, arguing it could exacerbate brain drain by prioritizing foreign education over domestic improvements. Ghana faces significant brain drain, particularly in key sectors like healthcare, losing an estimated $1 billion annually, and is exploring strategies to leverage its diaspora for economic growth. These challenges highlight a broader trend across various regions seeking solutions to retain talented individuals.