Housing prices, political divisions, high cost of living, increased remote working, crime rates in some US cities, a strong dollar now at parity with the euro for the first time in more than 20 years - these are some of the reasons experts cite to explain the wave of Americans moving to Europeor planning to do so in the near future.
Some have other more personal reasons, such as love for the European lifestyle, food, wine, work, or accompanying family members who have already moved to the old continent.
In a recent article titled "Americans Who Can't Afford Homes Are Moving to Europe Instead," Bloomberg writes that the traditional Phone Number List trends of retirees and the wealthy as the top American home buyers in Europe have changed: "Relatively inexpensive housing .
Aarticularly in smaller cities and towns - and the rise of remote work have made the continent attractive to a wider range of people, including those who are younger and find themselves excluded from the housing market at home.
10 Good and Cheap Cities to Live Well in Portugal in 2022.
High demand from Americans for homes in Europe
International real estate deals release data every day showing a growing interest from American buyers, particularly with regard to Portugal, Greece, Italy and Spain, among others, which offer special deals for gold visas, digital nomad visas, green visas and low-cost housing.
In recent years, Portugal appears at the top of most lists of recommended places for expats and retirees to enjoy the good life, and its golden visa program is one of the most popular in the world. The number of Americans living in Portugal increased by 45% in 2021 over the previous year, according to government data.
Golden Visas and Low Cost Housing
Handsome man, buying groceries in a market
The average cost of property in the U.S., according to Nasdaq, is $428,700, "although prices vary widely from city to city and state to state." While the average price in Hawaii is over $1 million, in West Virginia the figure drops to under $150,000.