Americans Moving to Europe: Top Reasons To Consider Relocation

A growing number of Americans are moving to Europe, and there could be many reasons behind this shift. In 2022, the amount of U.S. citizens relocating within the European Union increased by 28%, with France, Spain, Germany, the Netherlands, and Italy being popular destinations. Smaller countries like Portugal are also attracting attention for their offerings.

The world has changed significantly since the pandemic, and factors like remote working have made migrating easier. However, Europe also has its own reasons for being an appealing destination for Americans, such as high standards of living, some of the best healthcare systems, and different visas with many benefits and access to the European Union. 

Therefore, this guide will provide detailed information about Americans moving to Europe, including:  

• Six top reasons for Americans moving to Europe
• Benefits of moving to Europe as an American
• How to move to Europe as an American
• Golden Visas: A popular option for Americans

Six Top Reasons for Americans Moving to Europe

Many Americans move abroad for new opportunities, and Europe has become a popular option due to remote work, affordable real estate, and excellent public transportation. Europe also offers high-quality education at lower costs and universal healthcare for peace of mind.

1. Housing and cost of living

Housing costs are important for Americans moving to Europe, but they vary by country and city. Some European cities have more affordable housing compared to major U.S. metropolitan areas, where high demand drives up prices. Renting can be more stable thanks to stronger tenant protections.

However, cities like London, Paris, and Stockholm have living costs similar to expensive U.S. cities. In contrast, Eastern Europe and less central areas of Western Europe provide more affordable housing while still offering a good quality of life.

2. Healthcare

Healthcare is a major factor for Americans considering Europe. Universal healthcare systems in Europe provide accessible and often cheaper services than in the U.S., with lower insurance premiums and medical costs.

European countries are known for high-quality care, modern facilities, and well-trained professionals. This, combined with a focus on preventive care, offers a holistic and patient-centered approach.

3. Safety

Gun violence is a concern many Americans want to escape, and Europe, with lower violent crime rates, is often seen as safer. European countries emphasize community policing and social services and have strict gun control laws, resulting in fewer gun-related incidents.

While safety perceptions vary between U.S. and European locations, political stability, healthcare, and social welfare contribute to a secure living environment.

4. Tax efficiency and financial benefits

Some Americans relocate to Europe for more favorable tax policies, especially in countries with low tax rates or beneficial tax treaties with the U.S. Expats can sometimes reduce their tax burden through the Foreign Earned Income Exclusion (FEIE) and avoid paying U.S. taxes on a portion of their earnings.

5. Diverse visa options

Europe offers various visa programs, like Golden Visas, Digital  Nomad Visas, and retirement visas, making it easier for Americans to establish long-term residency. 

6. Proximity to travel destinations

 Europe’s compact geography and excellent transportation networks make exploring different countries and cultures easy, which appeals to Americans who enjoy travel.

Benefits of Moving to Europe as an American

There are several other reasons why Americans might be looking for the best countries to move to from the USA, such as exploring diverse cultures, lifestyles, and job opportunities.

Here are some of the key factors that might make moving to Europe from the USA look attractive:

Quality of life

Many European countries have high-ranking passports. Global Citizen Solutions has a comprehensive list of the Global Passport Index and the Global Quality of Life Index, with countries showing strong performances in healthcare, education, and overall living standards. Additionally, several European countries have a great work-life balance and more generous vacation allowances, which can appeal to American expats. 

Education

Higher education in Europe can be more affordable than in the U.S., with some countries offering free or low-cost tuition to international students.

Employment opportunities

For those in certain industries, Europe can offer special career opportunities not available in the U.S. This includes roles in international organizations, diverse sectors such as renewable energy, tech, and fashion, and opportunities to work in a multilingual environment.

Americans can work in Europe, but the process can differ by country. Some European nations have particular visa categories for skilled workers and students. In contrast, others may demand a job offer from a local employer to obtain a visa to work or a residence permit.

Environmental sustainability

Europe is often at the forefront of sustainability and environmental policies, strongly emphasizing renewable energy, conservation, and green living. This can appeal to those who prioritize environmental concerns.

Cultural diversity

Europe’s cultural diversity means one can experience various languages, cuisines, and traditions  This diversity enriches daily life and offers continuous learning and exploration opportunities.

Historical richness

For history enthusiasts, Europe’s long and complex history, reflected in its architecture, museums, and cities, offers endless opportunities for exploration and learning.

Social systems and benefits

European countries often have robust social support systems, including extensive public transport networks, public housing initiatives, and social welfare programs, which can contribute to a high standard of living.

How to Move to Europe as an American

Moving to Europe usually requires obtaining a visa or residence permit as an American. These can be obtained through a job offer, school enrollment, investment, or family joining. Initially, non-EU residents must obey visa requirements to live in Europe temporarily before applying for permanent residency or EU citizenship. 

Depending on your intentions for moving, you have several different visa options to consider:

• Tourist visa: This visa entitles you to spend up to 90 days within 180 days in the European Union (EU). However, it doesn’t include the right to work or study.
• Work visa: Should you receive a job offer in Europe, your employer can sponsor your visa. The expense associated with a work visa is country-specific and can range from a few hundred to several thousand dollars.
• Student visa: Securing a visa is essential if you want to study in Europe. Student visa costs vary depending on the country, typically within a few hundred to several thousand dollars.
• Entrepreneur visa: For those aspiring to launch a business in Europe, several EU countries offer the opportunity through a specific visa.
• Digital Nomad Visa: Certain countries like Portugal and Estonia offer digital nomad visas to foreign nationals working remotely with a foreign employer or independently. These visas are usually valid for one year; some countries even provide extensions.
• Investment visa: Several European countries offer investment programs enabling foreigners to contribute to their economy, often through real estate, government bonds, and investing in local businesses. In exchange for their investment, they are granted residency.

Best European Countries to Move to for Americans

Golden Visas: A Popular Option for Americans

A Golden Visa can be a lucrative option for Americans wanting to move to Europe, particularly those with the financial means to invest in a foreign country.

Golden Visas are residency-by-investment programs offered by several European countries. They allow individuals to gain residency rights through investment, such as purchasing real estate, making a significant financial investment in the local economy, or creating jobs.

The popularity of the Golden Visa has increased over the past few years. Many Golden Visa options offer a safe and beneficial way to live abroad. These are some of the popular European Golden Visas:

Portugal Golden Visa

The Portugal Golden Visa is one the most popular residencies by investment programs. It requires a minimum investment or donation of €250,000 in the arts or reconstruction of cultural heritage. The residence permit is processed in nine to 12 months, and once it is issued, it is valid for two years. The Portugal Golden also includes benefits such as visa-free travel in the Schengen Area, a stable economy, and high-quality healthcare and education.

Spain Golden Visa

The Spain Golden Visa is another attractive visa in Europe. It requires a minimum investment of €500,000. The residence permit is valid for three years and is easily renewable. After five years of holding the residence permit, the applicant can get permanent residence, and after ten years, they can apply for citizenship. 

One thing that makes the Spanish Golden visa appealing is the visa-free travel in the Schengen Area, including family members in the application, access to quality healthcare and education, and a stable economy. It is also processed in just five to seven months. 

Greece Golden Visa

The Greece Golden Visa program is among the most appealing options for American expats seeking European residency. It requires a minimum investment of €250,000 in real estate. The residence permit is granted for five years and can be renewed indefinitely as long as the investment is maintained.

A standout feature of the Greece Golden Visa is that it allows for visa-free travel within the Schengen Area, enabling residents to explore numerous European countries easily. Additionally, there are no requirements to reside in Greece to maintain physical residency, and the application process only takes six to eight weeks. 

Malta Permanent Residence Programme (MPRP)

The Malta Residency by Investment Program, officially known as the Malta Permanent Residence Programme (MPRP), presents an excellent opportunity for American expats seeking residency in Europe. To qualify, applicants must make a minimum investment of €300,000 in government-approved real estate. 

One of the key advantages of the Malta Golden Visa is the ability to enjoy visa-free travel within the Schengen Area. The program also facilitates a fast track to citizenship, allowing participants to apply for Maltese citizenship after five years of residency. The application process is relatively efficient, typically taking 11-12 months to complete. Malta is also known for its English-speaking population, which eases the transition for American expats and helps in adapting to the local culture.

Cyprus Golden Visa

The Cyprus Golden Visa program offers an attractive pathway for American expats seeking European residency. It requires a minimum real estate investment of €300,000, and the residence permit is valid indefinitely as long as the investment is maintained.

The Cyprus Golden Visa is particularly appealing because the application is processed in two to three months and has no residency requirements. This means you don’t have to live in Cyprus to keep your visa active. Families can also benefit from the program, as dependents are easily included.

How Can Global Citizen Solutions Help You?

Global Citizen Solutions is a boutique investment migration consultancy firm focused on finding the right residency or citizenship by investment program for individuals wishing to secure their future and become global citizens. With offices in Portugal, the United Kingdom, Hong Kong, and Brazil, our multilingual team guides individuals and families from start to finish, providing expert advice considering freedom, mobility, taxation, and security.

• We have helped hundreds of clients from 35+ countries in all the top residency by investment and citizenship by investment programs. With an in-depth and comprehensive understanding of the area, we provide our clients with solid guidance. 
• Our team has never had a case rejected. Our 100 percent approval rate sets us apart from our competitors and guarantees that you can expect a successful application.
• Our transparent pricing covers all the processes from opening your bank account, document certification, and legal due diligence to investment and submission. As there is one fee for the entire process, you can be confident that you will not face any hidden costs later.
• All data is stored within a GDPR-compliant database on a secure SSL-encrypted server. You can be safe knowing that your personal data is treated with the utmost security.
• Global Citizen Solutions provides an all-encompassing solution. Our support can continue even after you receive your passport. We offer additional services such as company incorporation, Trusts, and Foundations formation.
• The BeGlobal Onboarding System® allows you to access the status of your application every step of the way, something that sets us apart from our competitors.

Frequently Asked Questions About Moving to Europe as an American