Americans Move to EU For Cheap Housing and Remote Work

cheap housing remote work

Cheap housing and remote work are why Americans are moving to Europe. 

After the pandemic, most Americans moved to more affordable US cities offering relocation incentives. Following the Russian attack and growing inflation, this trend keeps growing. And now, Americans move to the EU because of cheap housing and remote work. 

According to Bloomberg, the most popular European destinations to move to are: 

  • Italy
  • Portugal
  • Spain
  • Greece
  • France

For example, the number of Americans moving to Greece increased by 40% last year. In addition, the demand to move to Italy and France reached the highest levels in three years. 

In addition to affordable housing and remote jobs, convenient visa schemes facilitate the process. For example, Italy launched a convenient program to buy houses or work remotely in the country.

US vice president expat consultancy ECA International Michael Witkowski said: “The rising cost of living has made it more expensive to live in any major US city than in European cities. High home prices as well as a strong US dollar and political tensions are all contributing factors to the growing allure of Europe.”

Even in a post-pandemic scenario, cheap housing and remote work opportunities are changing people’s habits and priorities. 

Total
1
Shares
Related Posts
15585

Welcome back. Let's hang out again

Nice seeing you again!

You're a fan of us, we're a fan of you—let's make this official.


Sign up for our weekly newsletter and never miss out on something important from Think Remote again:

15585

JOIN US (WE HAVE COOKIES!)

You're interested in news & tips about remote work? What luck! That's what we do! Better join our newsletter so we can hang out