Moving abroad is a big step that is associated with many hopes and dreams. For many people, it’s not just about getting to know a new country, but also about leading a better life – be it for financial, professional or personal reasons.
The idea of moving to a country where the cost of living is significantly lower than in your country of origin is particularly appealing. But if you are on a tight budget, the question arises: where should you move abroad to if you have to make do with little money? In this article, we show you the best countries that are affordable and also offer a good quality of life. We also give tips on how to prepare for moving and what aspects to consider.
Why moving abroad with little money can make sense
For some people, living in a Western country can be associated with high costs. High rents, rising energy costs and expensive food make life difficult to afford, especially in larger cities, for instance Munich, Hamburg or Frankfurt if you are living in Germany. For people who are struggling financially or prefer a simpler lifestyle, moving abroad can be a way to gain new perspectives and reduce costs at the same time.
In addition, moving abroad allows you to experience cultural diversity, learn new languages and develop professionally or personally. Countries with a lower cost of living often offer more financial leeway to spend money on leisure, education or other personal goals.
For many, living in another country is not only cheaper, but also more fulfilling as they have more freedom to organise their lives. Moving abroad is a particularly attractive option for retirees, digital nomads or young adventurers who can work and travel flexibly.
Important criteria for choosing a suitable country
Before deciding where to expatriate to, it is important to consider various factors that influence your quality of life and financial possibilities. Choosing the right country often depends on your individual needs and living situation.
Cost of living
The most important criterion is how high the cost of living is in the new country. This includes expenses such as rent, food, transport, leisure and healthcare. In countries with low costs, you can often live on a fraction of the money you would need in Germany.
Job opportunities
For many people moving abroad, it is crucial whether there are job opportunities locally. Good access to fast internet and co-working spaces is particularly important for digital nomads who work remotely. Others may be looking for local jobs in sectors such as tourism, catering or education.
Quality of life and integration
Even with a limited budget, a high quality of life should not be neglected. Countries that offer a good infrastructure, security and cultural diversity are particularly attractive.
At the same time, you should consider how easy it is to integrate into the social and cultural life of the new country.
Visa and residence conditions
Not every country is open to emigrants. The legal framework such as visas, work permits and tax regulations play a major role in selecting a suitable destination.
Countries such as Portugal or Mexico offer special programmes for retirees or entrepreneurs that make moving abroad easier.
The best countries for emigrants with little money
Portugal
Portugal has become one of the most popular destinations for German emigrants in recent years. The Mediterranean climate, the friendly population and the relatively low cost of living of Portugal make the country particularly attractive. Compared to Germany, rents and the cost of living are significantly cheaper and the pleasant climate makes it possible to live outdoors all year round.
- Cost of living: In smaller cities such as Porto or Faro, you can live comfortably on just 800 to 1000 euros per month. The costs are even lower in rural areas.
- Housing: A room or flat in Portugal is affordable in most cases, and in smaller towns you can find favourable rental offers.
- Job opportunities: For digital nomads, Portugal offers an excellent infrastructure with fast internet and a growing remote working community.
Mexico
With its vibrant cities, stunning beaches and rich culture, Mexico is another popular destination for people looking to expatriate on a budget.
The country combines low costs with an exceptionally high quality of life, especially in coastal regions such as Playa del Carmen or Cancún.
- Cost of living in Mexico: You can live well in Mexico on around 700 to 900 euros per month, including accommodation, food and leisure activities.
- Working and living: Mexico is particularly attractive for digital nomads who want to work in a tropical environment. There are also many job opportunities for expats in tourism.
- Cultural diversity: The people in Mexico are open and hospitable, and the country’s cultural diversity makes life exciting and varied.
Costa Rica
Costa Rica is known for its breathtaking nature, political stability and friendly people. The country is particularly attractive to retirees and adventurers looking for a tropical paradise while keeping the cost of living low.
- Cost of living in Costa Rica: You can live comfortably in Costa Rica for around 1000 to 1200 euros per month, including accommodation, food and leisure activities.
- Housing situation: A small house or one-bedroom flat is affordable, especially in rural areas.
- Quality of life: Costa Rica offers one of the highest life expectancies in Latin America, thanks to its excellent healthcare system and relaxed lifestyle.
Bulgaria
Bulgaria is one of the cheapest countries in Europe and is becoming an increasingly popular destination for expats who want to get by on a budget. The country offers a rich culture, beautiful nature and a low cost of living, especially in rural areas or smaller towns.
- Cost of living: You can live comfortably in Bulgaria on around 500 to 700 euros per month. This includes accommodation, food and leisure activities.
- Housing: A one-bedroom flat in smaller towns can often be found for less than 300 euros a month, while rents in Sofia, the capital, are somewhat higher.
- Working and living: Bulgaria is ideal for digital nomads and retirees as it offers stable internet connections and a relaxed lifestyle. Jobs in the tourism sector or agriculture are also possible.
Vietnam
Vietnam is an exotic and affordable destination for expats looking to explore Asia. The country offers a fascinating culture, breathtaking landscapes and some of the lowest costs of living in the world. Cities such as Hanoi and Ho Chi Minh City in particular offer affordable and pleasant living.
- Cost of living in Vietnam: A comfortable lifestyle is possible for as little as 500 to 800 euros per month, including rent, food and transport.
- Where to live: Modern flats are affordable, and in rural areas you can find even cheaper accommodation.
- Working and living: Vietnam is particularly popular with digital nomads and teachers who want to teach English. The friendly population makes integration easy.
Tips for a successful expatriation with little money
Budget planning
Precise financial planning is crucial for a successful moving. You should not only keep an eye on the costs of rent and living expenses, but also plan reserves for unforeseen expenses.
Secure income
Anyone moving abroad should consider how they can continue to earn money. For many digital nomads, working while travelling is an ideal solution. Alternatively, pensioners can benefit from their pension income or expats can look for a job locally.
Language learning
Learning a new language makes integration easier and expands the possibilities of finding a job or socialising. Countries such as Portugal, Mexico and Costa Rica offer language courses and opportunities to learn the language quickly in everyday life.
Conclusion: The best countries for emigrants with little money
The question “Where to move abroad on a limited budget?” cannot be answered in general terms. It depends on what you prioritise and what conditions you are looking for. Countries such as Portugal, Mexico and Costa Rica not only offer a low cost of living, but also the opportunity to enjoy a high quality of life on a budget. With the right preparation, a clear plan and a bit of courage, nothing stands in the way of a new start abroad.
