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Is it cheaper to live abroad? Anyone done it?

(132 Posts)
halfpint1 Thu 14-Sept-23 20:18:13

I find the cost of visiting in England to have risen so much even
though prices have risen in France. I don't think my income
would cover the expense of an English household but I live
quite well here. That is a vague statement but generally it
feels cheaper to live here in France , really depends on your
lifestyle. The winters are still cold and heating costs have
risen . However the bigger consideration is the language and
the adapting , its not an easy step. You could try renting out
your own home and renting in another country to see if it
fits.

MerylStreep Thu 14-Sept-23 20:08:52

We moved to a non eu country in 2004. We are now back in the uk.
If you don’t speak the language you are at the mercy of everyone, that’s unless you want to pay a professional translator for everything.
If you do decide on a particular country join an expat site representing that country, there you will get the truth.

CountessFosco Thu 14-Sept-23 20:00:59

We have lived all over the world, and in three European countries, Switzerland, Belgium and France. If you do not hold an EU passport, you will have to apply to live in Europe, which, since Brexit, can be a lengthy, expensive and time-consuming operation.
Having said that, would move back to France tomorrow, not so much for the financial aspect but our attempts to resettle here after 44 years absence have been very, very difficult. The cost of living is rising everywhere. Belgium was cheaper than UK, but is now more expensive. Shopping for essentials in Lidl France last week, we found the cost of commodities has risen in leaps and bounds [except wine - hooray]. We long to go back, and now realise it was a mistake to return here, but at our age another major upheaval is sadly out of the question. Don't know whether this helps you - Isle of Man???

Siope Thu 14-Sept-23 19:47:34

Oh, piffle. Replace non-linear creative (which makes no sense, thanks to my damn phone) with non-lucrative, which does.

Siope Thu 14-Sept-23 19:44:54

Sorry, should have said: those figures are for a non-linear creative (ie, not earning money in Spain) visa.

Also quality of life is very subjective. Financially, I had a great standard of living in the USA, but it did not translate to a great quality of life for me. For others, it did/does.

Siope Thu 14-Sept-23 19:41:13

Depends where. Lots cheaper in, say, Panama, not so much in the Netherlands.

You also need to see what income, or income and savings mix different countries require of immigrants. Spain is currently 400% of Spain’s Public Multiple Effects Income Indicator (IPREM). This is about 27,792.96 euros per year. Additionally, if you intend to bring family members, you must add 100% (about 6,948.24 euros) of the IPREM for each family member.

Plus there will be visa fees, potentially translation and notarisation fees, moving costs and so on.

Rexdog12 Thu 14-Sept-23 19:34:40

I'm 63. Husband 67. He has state pension plus small occpen. I have small occpen and still work part time until i get my state pension, 3 years away. Our total income feels too small to live comfortably into old age. We have friends who live in Spain who say they couldn't afford to live here now. Thinking of moving abroad to either EU or Non EU country for retirement. Has anyone else done this and do you think it possible to have higher standard of living abroad on a modest income than living over here? We have savings so could get health insurance elsewhere etc.