Want to move abroad? These are the cheapest European countries for expats in 2023 – Euronews

Want to move abroad? These are the cheapest European countries for expats in 2023 – Euronews

People move abroad for any number of reasons – to start a new job, to be closer to a partner, or simply to explore.

But as the cost of living crisis bites, looking for a cheaper way of life is becoming the number one reason for a move.

Some Europeans have flown south, cutting heating bills by fleeing to warmer climes. And in many countries, expatriates salaried by overseas companies find themselves with increased spending power.

So where are the cheapest places to move – and what do locals think of an influx of comparatively wealthy travellers?

Cheapest places in Europe for cost of living

Cost of living index Numbeo has collated data for every country in Europe. They accounted for average rent, cost of groceries, and the price of utilities and entertainment.

Cost of living is not the only consideration before a move, obviously. Safety and other quality of life considerations are also paramount.

Here are four locations that strike the balance.

Montenegro, for rugged mountains and medieval villages

Montenegro boasts medieval cities, ice cold glacial lakes, the world’s second deepest canyon – and extremely low prices.

Numbeo grants the country a rating of 38.9. For comparison, SwitzerlandEurope’s most expensive destination – has an index of 114.2.

These indices represent a percentage of the destination’s cost compared to New York city, the search engine’s baseline. So prices in Montenegro are around 38.9 per cent of prices in NYC, whereas prices in Switzerland are 14.2 per cent higher than in the big apple.

Digital nomads can apply for a 2-year visa for Montenegro, with the possibility of a two year extension.

Prices in Montenegro’s capital, Podgorica:

Cheap meal: €6.40

Pint of beer: €2

One-bed flat in city centre monthly rent: €372

Portugal’s beaches and bars

Portugal – with its sunny beaches and buzzing cities – is Europe’s most popular digital nomad destination.

Numbeo gives Portugal a cost of living index score of 45.3.

Under the country’s new digital nomad scheme, remote workers will be able to live and work in the country for up to 12 months. To qualify, applicants must earn at least €2,800 per month – four times Portugal’s minimum wage.

Prices in Portugal’s capital, Lisbon

Cheap meal: €12

Pint of beer: €2.50

One-bed flat in city centre monthly rent: €1,207

Croatia’s national parks and ancient palaces

Sunny Croatia is slightly more expensive than Portugal, with an index of 46.7. Beachside cities like Split and Dubrovnik – famed for its ‘Game of Thrones’ filming locations – bring the average costs up. But the Balkan country is nonetheless a low-cost option for expats.

Croatia started offering special visas to digital workers from outside the European Union in January 2021, allowing them to stay for up to a year and exempting them from income tax.

Prices in Croatia’s capital, Zagreb.</…….

Source: https://news.google.com/__i/rss/rd/articles/CBMie2h0dHBzOi8vd3d3LmV1cm9uZXdzLmNvbS90cmF2ZWwvMjAyMy8wMS8xOC93YW50LXRvLW1vdmUtYWJyb2FkLXRoZXNlLWFyZS10aGUtY2hlYXBlc3QtZXVyb3BlYW4tY291bnRyaWVzLWZvci1leHBhdHMtaW4tMjAyM9IBf2h0dHBzOi8vd3d3LmV1cm9uZXdzLmNvbS90cmF2ZWwvYW1wLzIwMjMvMDEvMTgvd2FudC10by1tb3ZlLWFicm9hZC10aGVzZS1hcmUtdGhlLWNoZWFwZXN0LWV1cm9wZWFuLWNvdW50cmllcy1mb3ItZXhwYXRzLWluLTIwMjM?oc=5

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