The Best Countries for London Expats to Consider
As Spain threatens UK buyers with a new 100% property tax, many potential London expats are exploring other options for visa opportunities, year-round sunshine, affordable property, and job opportunities.
The Expat Exodus
According to analytics firm New World Wealth, a millionaire leaves the UK every 45 minutes—a staggering 157% increase in departures in 2024. Furthermore, 23% of UK adults and 38% of adults aged 25-34 are considering moving abroad before 2029. With an increasing number of young adults living with their parents, affordable overseas locations are becoming increasingly attractive.
João Richard Costa, CCO at Ombria Algarve, notes that British buyers are increasingly interested in Portugal as an alternative to Spain.
France: A Blend of Culture and Cuisine
Why go: Enjoy the blend of historic cities and scenic countryside, with affordable dining options. A two-bedroom apartment in Carcassonne can be under €100,000.
Why not: Language barriers and high taxes (up to 45%) can be challenging. The laid-back lifestyle may also be confusing for those used to London's pace.
Visa rules: The renewable VLS-T temporary long-stay visa allows stays of up to six months.
Portugal: The New Favorite
Why go: Portugal offers a laid-back lifestyle, easy connectivity to the UK, and well-considered visa options. 48,000 Brits now call Portugal home.
Why not: The job market is competitive, salaries are lower than in London, and property prices in Lisbon have risen sharply.
Visa rules: The D2 Visa is for business setups and D7 for retirees, allowing up to five years of residency with a path to citizenship.
Dubai: The Expat Haven
Why go: Excellent personal safety, a youthful lifestyle, and tax-free income make Dubai appealing. English is widely spoken.
Why not: The intense summer heat can be draining, and the cost of living is high.
Visa rules: The renewable Virtual Work Visa allows a year-long stay for those employed by non-UAE companies.
Canada: Nature and Diversity
Why go: Canada offers four distinct seasons and state-funded healthcare.
Why not: Long, cold winters and high housing costs can be drawbacks.
Visa rules: The Express Entry Program provides a straightforward residency route for skilled workers.
Malta: The IT Hub
Why go: Malta's booming IT sector offers well-paid jobs and a Digital Nomad Visa.
Why not: High population density and crowded tourist areas in summer can be off-putting.
Visa rules: Standard long-stay visa costs €100, with various options for digital nomads.
Italy: Culture and Cuisine
Why go: Italy offers a rich lifestyle filled with history, culture, and great food, all within easy reach of London.
Why not: Tight property supply in major cities and a high cost of living can be challenges.
Visa rules: Various work and retirement visas are available, with eligibility for permanent residency after five years.
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