Moving abroad can be an exciting experience but it does not always come cheap.
A new study has found the most affordable places where expats can enjoy a good quality of life for less.
The study looked at costs in countries that Britons often choose to move to.
It considered property prices, taxes, fine dining costs and flight costs from the UK.
Ireland could be one of the most affordable places for expats
PA
Each area was given an “affordability score” in the research conducted by Proven Partners.
Ireland was found to be the most affordable country with a rating of 10 out of 10.
A three-bed waterfront property costs an average of £453,808, low tax and cheap flights from the UK, costing around £68.
This could make it a great spot for expats or Britons looking for a second home.
Most affordable countries
Ireland
Cyprus
Mauritius
South Africa
Croatia
Greece
Portugal
Turkey
Malta
UAE
Ireland has beautiful coastlines
GETTY
Co-CEO at Proven Partners Colin Hannan commented: “Ireland, often perceived as expensive, offers stunning coastal properties at a fraction of the cost in the UK, especially with the rising taxes there.”
The study compares findings to rising council tax costs for second home owners in the UK.
Co-CEO at Proven Partners Ronan Hannan added: “The luxury segment of the real estate market has bounced back since the pandemic and we’re seeing decent growth in emerging markets.
“Although there is still strong demand for second homes in more traditional markets such as France and Spain, investors seeking value should look to more exotic destinations such as Mauritius or South Africa.”
