Italy has emerged as the most affordable place for British expats to relocate, according to a recent survey by Your Overseas Home. Europe remains a favored destination for Brits moving abroad, offering proximity to the UK and a variety of stunning locales.
Top Affordable European Countries for Expats
1. Italy
2. Greece
3. Portugal
4. France
5. Spain
6. Germany
Italy tops the list due to its low cost of living, covering essentials such as groceries, travel, housing, leisure, and healthcare. The country is known for its picturesque lakes and lush vineyards, all just a short flight from the UK.
One standout feature is Italy’s €1 home scheme, particularly popular in Sicily. This initiative allows buyers to purchase dilapidated properties for just €1 (around 87p), on the condition that they renovate them within a specified timeframe and use them for residential or tourism purposes. Renovated properties under this scheme can be worth up to €30,000 (around £25,000).
Experts at Your Overseas Home noted, “Sicily, known for its affordable properties, has seen around 20 towns participate in the €1 home scheme, including Mussomeli, Salemi, Sambuca, San Cataldo, Leonforte, and Troina.”
This trend highlights Italy’s appeal among expats, offering a blend of affordability and scenic beauty. Meanwhile, expats in Europe reflect on their experiences and what they miss about the UK, underscoring the personal sacrifices and gains involved in such a move.
