Are you an American considering making the move to Europe? You are not alone! In recent years, there has been a surge of Americans moving to Europe, seeking out new opportunities, lifestyles, and cultural experiences.
Whether you are looking for a place to call home or just a destination for a short-term stay, this guide to European destinations for US expats will provide you with the resources and information to make an informed decision.
The weather is better
One of the most common reasons why Americans are moving to Europe is the weather. Many European countries offer mild, sunny climates that are perfect for those who love spending time outdoors.
For example, Portugal is known for its year-round sunny weather, while Malta offers hot summers and mild winters. Cyprus, on the other hand, boasts over 300 days of sunshine per year.
In contrast, many parts of the US can be plagued with extreme temperatures, whether it’s scorching summers or frigid winters. For those who are tired of the weather rollercoaster in the States, a move to Europe can offer a more pleasant climate.
Of course, weather is subjective, and some may prefer cooler, rainier climates. However, for those who crave sunshine and mild temperatures, Europe could be a great choice for your next home.
New business/job opportunities
Europe is a hub for business and job opportunities, making it an attractive destination for US expats looking to start a new chapter in their career. In particular, Portugal, Malta, and Cyprus are experiencing a surge in new businesses and job opportunities, making them prime locations for those seeking employment.
Portugal, in particular, has seen a boom in technology startups in recent years, with the country attracting numerous entrepreneurs looking to build the next big thing. The government is actively promoting freelancing and innovation, creating a favourable environment for those looking to launch their own business. In addition, many multinational companies have set up shop in Portugal, creating even more job opportunities for US expats.
Similarly, Malta has positioned itself as a hub for the gaming and financial industries, with many businesses choosing to set up operations on the island. With the EU’s smallest economy, Malta has attracted attention from large corporations as a gateway to European markets. This has created numerous job opportunities across different industries for US expats. It also has a low corporation tax rate at only 5%!
Cyprus, too, is an attractive destination for those seeking job opportunities in the finance and tech sectors. The country has made significant strides in attracting investment, with its location and favourable tax laws proving popular among entrepreneurs and businesses. Cyprus’ strong English-speaking community also makes it an easy place for US expats to integrate and work alongside local residents.
Overall, Europe presents a plethora of new business and job opportunities for US expats looking to take their careers to the next level. With countries like Portugal, Malta, and Cyprus leading the way, it’s no surprise that so many Americans are packing their bags and making the move across the Atlantic.
The cost of living is cheaper
One of the biggest draws for US expats moving to Europe is the significantly cheaper cost of living. Many European countries, including Portugal, Malta, and Cyprus, offer a lower cost of living compared to major cities in the United States such as New York or San Francisco.
In Portugal, for example, rent, groceries, and utilities can be up to 50% cheaper than in major US cities. Similarly, in Malta, you can live comfortably on a monthly budget of around $2,500 USD, including rent, utilities, and food.
Lower costs of living also mean that your savings can go further in Europe. This can be especially appealing if you’re planning on retiring abroad, as your retirement income can stretch much further than it would in the United States.
Furthermore, European countries typically have a lower tax burden, which can lead to greater financial freedom and more disposable income. In some countries, such as Portugal, expats may also qualify for special tax incentives or residency programs that can further reduce their tax burden.
Of course, the cost of living varies depending on the city and region you choose to live in. However, overall, many US expats have found that moving to Europe has allowed them to live a comfortable and fulfilling lifestyle without breaking the bank.
The healthcare is better
One of the major reasons Americans are moving to Europe is because of the superior healthcare system. Unlike in the US, healthcare in most European countries is provided by the government and is universal. This means that everyone has access to healthcare regardless of their income or social status.
The healthcare system in Europe is not only affordable but also provides better care than the US. European countries have more doctors per capita, longer life expectancies, and lower infant mortality rates than the US.
In addition, the cost of healthcare in Europe is significantly lower than in the US. For example, in Portugal, a routine doctor’s visit can cost as little as $10. While in the US, a similar visit could cost you upwards of $100 or more. It’s important to note that the European healthcare system is not perfect, and there can be long wait times for non-urgent procedures. However, overall, the healthcare system in Europe is better and more accessible than in the US.
If you’re planning on moving to Europe, be sure to research the healthcare system of the country you’re moving to. Some countries may have additional healthcare fees for expats or require you to have private insurance. Overall, European healthcare is a major draw for US expats looking to relocate. It offers more affordable, accessible, and higher quality care, making it an attractive destination for those seeking a better quality of life.
The food is great
Europeans are known for their incredible cuisine, and this is a major draw for American expats who have grown tired of the monotony of fast food and chain restaurants. From fresh pastries in Paris to mouth-watering tapas in Barcelona, there’s no shortage of delicious and diverse food options across the continent.
Not only is the quality of food exceptional, but the dining experience is also unrivalled. Europeans take their time to savour their meals, with long, leisurely lunches and dinners that can last hours. This slow-paced, relaxed way of dining is a far cry from the fast-paced, on-the-go culture that’s so common in the US.
For those with a sweet tooth, Europe is a dessert paradise. From rich chocolate truffles to creamy gelato, you’re sure to find a dessert that satisfies your cravings. And, of course, no visit to Europe would be complete without trying some of the local specialties. Be sure to indulge in a croissant in France, paella in Spain, or pizza in Italy.
Overall, European food is all about savouring the moment, indulging in the flavours, and embracing a culture of enjoyment and relaxation. American expats are drawn to the incredible food and dining experiences on offer, and for many, it’s one of the biggest perks of living abroad.
Europeans are more relaxed
One of the things that many American expats find appealing about Europe is the laid-back lifestyle. Compared to the hustle and bustle of the United States, many European countries are known for their slower pace of life, where people take the time to savor a good meal, enjoy a leisurely walk, and prioritise their work-life balance.
Part of this relaxed lifestyle is the emphasis on rest and rejuvenation. Many European countries, particularly in Southern Europe, have a tradition of afternoon siestas where businesses close for a few hours to allow employees to take a nap or spend time with their families. In France, people take the concept of “leisure time” seriously and devote weekends and holidays to relaxation and enjoyment.
Another aspect of European relaxation is the emphasis on outdoor activities and natural beauty. From the stunning beaches of Portugal to the rolling hills of Tuscany, Europe has a wealth of outdoor destinations to explore and enjoy. Whether you’re into hiking, biking, or just taking in the scenery, there’s something for everyone in Europe.
Of course, this relaxed lifestyle isn’t without its drawbacks. Some Americans may find it frustrating that businesses close early or take extended vacations, while others may struggle to adjust to the slower pace of life. However, for those who are able to adapt, the benefits of living in a more relaxed and laid-back environment can be significant, both for your physical and mental health.
Ultimately, whether you’re drawn to the weather, the cost of living, or the job opportunities, Europe has a lot to offer American expats. And for many, the relaxed and leisurely lifestyle is just the icing on the cake. So why not take the plunge and explore everything that Europe has to offer?
Speak to an expert
As you can see, there are many reasons why more and more Americans are choosing to move to Europe. Whether it’s the warmer weather, lower cost of living, or new job opportunities, Europe offers a variety of benefits that can make for a great quality of life.
Additionally, the healthcare and food options are superior. While the European attitude towards work and leisure is more relaxed, making for a better work-life balance. Overall, if you’re looking for a change of scenery and a new adventure, Europe may just be the perfect destination for you.
