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Are you looking to migrate abroad but concerned about the cost of living? You’re not alone! Many people looking to relocate to a different country want to find a place with a low cost of living. Luckily, there are several countries around the world that offer an affordable lifestyle. In this blog post, we will explore the top 5 countries in the world with the lowest cost of living, so that you can make the best decision for your own budget and needs.
1) Portugal
For those looking for a budget-friendly move abroad, Portugal should be at the top of their list. With its sunny climate and relaxed atmosphere, Portugal has become a popular destination for expats in recent years. What’s more, there’s no shortage of cheap housing and visa requirements are fairly lenient. Many visitors can get a Schengen visa to stay up to 90 days without a problem. Food and transportation costs are also surprisingly low, making it an ideal spot for those wanting to migrate on a budget.
2) Thailand
Thailand is an increasingly popular destination for those looking to migrate abroad due to its relatively low cost of living. If you’re considering a move to this Southeast Asian country, you’ll need to acquire a visa. Fortunately, there are several options available depending on the length of your stay. You can obtain a tourist visa if you plan to stay for less than 30 days, or a Non-Immigrant visa for longer stays. Regardless of the type of visa, you’ll be able to experience all that Thailand has to offer without breaking the bank.
3) Czech Republic
Situated in Central Europe, the Czech Republic has a low cost of living and a vibrant culture. It is home to many beautiful cities and UNESCO World Heritage Sites, and also offers excellent health care and education. With an affordable lifestyle and plenty of things to see and do, the Czech Republic is an attractive destination for those looking to migrate abroad.
4) Costa Rica
Located in Central America, Costa Rica is a budget-friendly paradise for expats. With its tropical climate, gorgeous beaches, and low cost of living, it’s no surprise that many people choose Costa Rica to call their new home. The average monthly costs for housing, groceries, and transportation in Costa Rica are among the lowest in the world, making it an ideal choice for those looking to stretch their money further.
5) Peru
Peru is an increasingly popular destination for those looking to move abroad on a budget. With its low cost of living and abundant natural beauty, it’s no wonder that Peru has become a favorite among many looking to experience life in a foreign country without breaking the bank. From its vibrant culture and rich history to its delicious cuisine, Peru is a great option for those who want to explore a new way of life.