Asia is the world’s cheapest place to live, full stop. However, Latin America also offers a very low cost of living, and without a 15+ hour flight to the opposite side of the planet. And Europe? It boasts the world’s best quality of life, the best health care systems, and the widest range of lifestyle options. But it always comes at a hefty cost… right? Are there any affordable retirement options in Europe?
Yes! In fact, as someone who lives in both regions, I can tell you from experience that my family actually spends less while in Paris than when we’re in Panama…
Especially right now with the dollar at an historic high versus the euro.
How could it be possible that, for Lief and me, Paris is cheaper than Panama City? Take a look:
1. In Latin America, a car is more or less a requirement
That means paying for a car, and then paying for insurance, maintenance, and gas. In Paris and most European cities, where walking is a free pleasure and the metro is cheap, our transportation costs drop to nearly zero.
2. City living in Europe means living in a smaller home
Practically speaking, it means I can’t go on shopping sprees to fill spaces and rooms with new furniture and bric-a-brac. It also means I don’t need the same help with household chores, nor the cost of a maid in Europe.
3. Europe prides itself on fresh, whole foods sourced from the Continent
Aside from being healthier, the open-market food in Europe is much cheaper than imports or processed and frozen foods popular in many parts of the world…
4. In Europe, your utility bills will plummet
As I said before, you’re living in a smaller dwelling. But in Panama, we run the A/C nearly 100% of the time thanks to year-round humidity, sun, and warm weather. With more temperate climates, the majority of Europeans opt for fans over air conditioning…
5. The best entertainment in Europe is cheap or free
Whether its people watching at a café, relaxing on a beach, heading to the museum on monthly free-days, or reading a book in the park, Europe boasts lifetimes of free activities to keep you happy.
Of course, there are some tricks… which my husband Lief and I have learned over time… and which I am very happy to share.
But here’s my point:
Europe—home to the world’s elite retirement havens—is NOT beyond your reach.
We know of 10 different countries here, including France, where you could live well on about US$1,500 a month.
Now, you’ll want some guidance…
But, once armed with the right insights and the right destinations, you’ll be amazed at how easy it actually is to enjoy the good life in Europe at a cost you can easily afford.
Better yet, I’d like to show you all of the wisdom and insights that I and my European network have gained over the past several decades…
Where are the most affordable destinations in Europe?
Where are the outright best places to live?
And what do you need to know before you make your move?
Our acclaimed Live And Invest In Europe Virtual Conference is the most accurate and honest option for answering those questions.
After 12 years of reader requests, our Virtual Conference system breakthrough during the pandemic finally gave us a way to host an event like this…
An event where we can help you compare and contrast 10 of our favorite countries in Europe—as well as several appealing regions and towns within each—all while providing insights, tips, and tricks on making your new life in Europe as easy, affordable, and hassle-free as possible.
The time to chase your dream of a new life in the Old World is right now.
You have a window of opportunity, today, to make that dream come true… even if your budget is very small.
Here are complete details of the event we’re planning.
If you’ve ever fantasized about embracing the good life in France or Italy… Portugal or Spain… or anywhere on the Continent…
This is your chance.
Please don’t let it pass you by.
So, where are the most affordable destinations in Europe?
How about…
1. Portugal
A sunny and surprisingly affordable European destination and our long-standing choice for the world’s best place to retire overseas, Portugal is one of the world’s most popular expat destinations, meaning you could get by on English alone if you wanted…
2. France
Boasting the world’s best health care and the world’s most beautiful city, France, including even parts of Paris, can be much more affordable than you might imagine, especially thanks to a relatively weak euro…
3. Slovenia
A newcomer to our list of Europe’s best expat and retirement havens, Slovenia is an incredibly safe and cultured destination whose affordability is only outmatched by its beauty…
4. Malta
Long a favorite among the British, this Mediterranean island boasts rich culture, stunning vistas, and easy, cheap requirements for EU residency…
5. Italy
Your dream of la dolce vita is more affordable than you think. In our top region in this country, you could ski in the morning then spend the afternoon surfing and lazing on the beach… all even on a very modest budget…
6. Montenegro
Another recent addition to our list, this coastal nation sits across the Adriatic Sea from Italy and is one of your most affordable options in the Old World…
7. Spain
An established haven for foreign investors and expats, Spain offers great beaches, markets, restaurants, and a fiesta lifestyle…
8. Cyprus
This undiscovered jewel is perhaps the most affordable place to retire well in Europe. Cyprus offers the best of the Med at a fraction the cost…
Sincerely,
Kathleen Peddicord
Founding Publisher, Overseas Opportunity Letter
