Lebanon’s Brain Drain: 'I'm Never Coming Back'

People are pictured inside the terminal at Beirut International Airport Beirut, on January 27, 2020. (Photo by ANWAR AMRO / AFP)
People are pictured inside the terminal at Beirut International Airport Beirut, on January 27, 2020. (Photo by ANWAR AMRO / AFP)
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Lebanon’s Brain Drain: 'I'm Never Coming Back'

People are pictured inside the terminal at Beirut International Airport Beirut, on January 27, 2020. (Photo by ANWAR AMRO / AFP)
People are pictured inside the terminal at Beirut International Airport Beirut, on January 27, 2020. (Photo by ANWAR AMRO / AFP)

When Lebanon's protests erupted in October, thousands found a renewed commitment to their homeland and vowed to fix a country that has long fed its best and brightest to the diaspora.

Then the economy unraveled.

Students and young professionals who had mobilized en masse to demand better opportunities in their home country started filling in immigration forms and applying to universities abroad, Agence France Presse reported.

Mothers on bustling protest squares who had been complaining about their children living far away have since seen even more leave.

With no clear path out of Lebanon's worst economic crisis in decades, the will to remain has petered out and many are now scrambling for the exit.

"I'm leaving and I'm never coming back," said Youssef Nassar, a 29-year-old cinematographer who has booked a one-way ticket to Canada for next month.

"Nothing is going right in this country for me to stay here,” he told AFP.

Lebanon is suffering its worst economic crisis since the 1975-1990 civil war and everyone is feeling the heat. Scores of companies have closed, salaries have been slashed, and unemployment rates are skyrocketing.

Inflation doubled between October and November, according to Lebanon's Blominvest Bank, while the Lebanese pound has plunged by a third against the dollar in the parallel exchange market.

Nassar criticized the political class for failing to chart a way out of the crisis.

"I have developed a hate for this country," he said.

Nassar used to make a decent earning every month from shooting photo and video campaigns for fashion brands, advertising agencies and even English rock artist Steven Wilson. 

But since Lebanon's economic crisis accelerated with the start of anti-government protests in October, with banks temporarily closing and later severely limiting withdrawals, he has only been booked once.

Seven of his clients, including a high-profile member of the Lebanese parliament, have so far failed to pay the $25,000 they collectively owe him for previous projects.

"I want to work on my career and my future," said Nassar, who holds a Canadian passport. "I'm not willing to wait forever for the country to get better."

He is not the only one seeking better chances abroad.

Information International, an independent Lebanon-based research body, estimates that the number of Lebanese who left the country and did not return in 2019 jumped by 42 percent on the previous year.

Google searches from within Lebanon for the term "immigration" hit a five-year peak between November and December, according to Google Trends.

The last time the search term was that popular was right after Lebanon's 2006 war with Israel.

Immigration lawyers, for their part, say business is booming.

"Demand is up by at least 75 percent," said one immigration lawyer who asked not to be named to protect his business.

He said he is currently processing 25 applications.

Most are to Canada, which along with Australia is among the most popular destinations for Lebanese emigrants due to their demand for highly skilled people, the lawyer said. 

The bulk of his clients are educated youths and young professionals working in pharmaceuticals, information technology and finance.

"They are leaving because of the economic and political situation," he told AFP.

Decades of conflict, sluggish growth and corruption have prompted many Lebanese to emigrate -- a fact touted by Lebanese officials who boast the success of the country's expatriates.

Although there are no official figures, Lebanon's diaspora is estimated to be more than double the size of its domestic population of four million.

This chronic exodus has drawn the ire of demonstrators, who accuse politicians they view as corrupt of hijacking the country and forcing its people out.

"I had been thinking about leaving ever since I was 16 years old," said Fatima, an architect by training who is now 28.

"When the revolution started, that was the very first time I ever felt like I belonged, the very first time I ever felt that Lebanon's flag meant something to me."

But last month, Fatima lost a high-paying job at an international NGO after donors cut funding due to the crisis.

"This is when everything changed for me," she told AFP.

She found an immigration lawyer and is in the process of applying to emigrate to Canada -- something she is determined to complete.

"I'm tired of fighting all the time," she said.

"I don't think I will be failing my country if I leave," she added.

"I will be failing it if I stay and get more depressed and do nothing."



COP29 - How Does $300 Billion Stack up?

A demonstrator sitting on the ground holds a poster during a climate protest in Lisbon, to coincide with the closing of the COP29 Climate Summit Saturday, Nov. 23, 2024. (AP)
A demonstrator sitting on the ground holds a poster during a climate protest in Lisbon, to coincide with the closing of the COP29 Climate Summit Saturday, Nov. 23, 2024. (AP)
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COP29 - How Does $300 Billion Stack up?

A demonstrator sitting on the ground holds a poster during a climate protest in Lisbon, to coincide with the closing of the COP29 Climate Summit Saturday, Nov. 23, 2024. (AP)
A demonstrator sitting on the ground holds a poster during a climate protest in Lisbon, to coincide with the closing of the COP29 Climate Summit Saturday, Nov. 23, 2024. (AP)

Countries agreed at the UN's COP29 climate conference to spend $300 billion on annual climate finance. Here are some ways of understanding what that sum is worth:

MILITARY MIGHT

In 2023, governments around the globe spent $6.7 billion a day on military expenditure, according to the Stockholm International Peace Research Institute.

That means the $300 billion annual climate finance target equates to 45 days of global military spending.

BURNING OIL

$300 billion is currently the price tag for all the crude oil used by the world in a little over 40 days, according to Reuters calculations based on global crude oil demand of approximately 100 million barrels/day and end-November Brent crude oil prices.

ELON MUSK

According to Forbes, Elon Musk's net worth stood at $321.7 billion in late November. The world's richest man and owner of social media platform X has co-founded more than half a dozen companies, including electric car maker Tesla and rocket producer SpaceX.

STORM DAMAGE

Hurricane Katrina, one of the most devastating and deadliest cyclones in US history, caused $200 billion in damage alone in 2005.

This year's climate-fueled Hurricane Helene could end up costing up to $250 billion in economic losses and damages in the US, according to estimates by AccuWeather. While preliminary estimates by Morningstar DBRS suggest Hurricane Milton, also supercharged by ocean heat, could cost both the insured and uninsured nearly $100 billion.

BEAUTY BUYS

The global luxury goods market is valued at 363 billion euros ($378 billion) in 2024, according to Bain & Company.

COPPER PLATED

The GDP of Chile - the world's largest copper producing country - stood at $335.5 billion in 2023, according to World Bank data.

GREECE'S BAIL OUT

Euro zone countries and the International Monetary Fund spent some 260 billion euros ($271 billion) between 2010 and 2018 on bailing out Greece - the biggest sovereign bailout in economic history.

BRITISH BONDS

Britain's new government needs to borrow more to fund budget plans. Gilt issuance is expected to rise to 296.9 billion pounds ($372.05 billion) for the current financial year.

TECH TALLY

A 10% share of tech giant Microsoft is worth just over $300 billion, according to LSEG data. Meanwhile the market cap for US oil major Chevron stood at $292 billion.

CRYPTO

The annual climate finance target amounts to 75% of the total value of the global market for crypto currency Ether, the world's second-largest cryptocurrency.

Alternatively, 3 million Bitcoin would cover the annual climate finance target as the world's largest cryptocurrency closes in on the $100,000 mark following a rally fueled by Donald Trump winning the Nov. 5 US presidential election.