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Second PassportsBest Places for Americans to Move Abroad: Top Picks for Lifestyle, Business, and Citizenship - Lincoln Global Partners

March 7, 2024by Georgea Rios0

Best Places for Americans to Move Abroad: Top Picks for Lifestyle, Business, and Citizenship

In an era of increasing globalization, many Americans are looking for the best places to move abroad. Beyond their borders, US citizens seek new opportunities, lifestyles, and even new citizenship. Whether motivated by the allure of international business opportunities, the quest for a more laidback lifestyle, or the practical benefits of a second passport, US citizens have a plethora of options to consider. Here’s a comprehensive guide to the best countries for US citizens to immigrate to, based on various criteria.

 

best places to move abroad

Best Option Close to Home: Mexico

For those looking to stay close to the United States yet experience the benefits of the best places to live abroad, Mexico stands out as a premier choice. Its proximity to the US makes it incredibly convenient for individuals and families seeking an international lifestyle without straying too far from home. Mexico’s rich cultural heritage, warm climate, and low cost of living are just a few of the attractions. Moreover, the country offers a range of visa options for US citizens, from temporary resident visas to permanent residency, making the immigration process relatively straightforward.  

One of the best examples is certainly the rapidly growth of Tulum, an unprecedented opportunity for those seeking to diversify their investment portfolio into a landscape of guaranteed returns and economical boost.

You can also read further on the Mexican Real Estate scenario by clicking here.

best places to move abroad

Best Option for International Business: UAE

The United Arab Emirates (UAE), particularly Dubai, has cemented its status as a global hub for international business. Known for its ultramodern architecture, dynamic economy, and tax-friendly policies, the UAE offers unparalleled opportunities for entrepreneurs and businesses looking to expand globally. Great news is that early this year, 2024, the UAE governement has made significant changes to the UAE Golden Visa criteria, making it way easier for international investors to acquire their Residency.

In a groundbreaking development, property buyers aspiring for the coveted Golden Visa in the United Arab Emirates (UAE) are no longer constrained by the previous Dh1 million minimum down payment requirement,

Now, property owners aiming for the long-term visa need only ensure that the value of their property exceeds Dh2 million. This significant shift in eligibility criteria opens up the Golden Visa opportunity for a broader spectrum of investors, particularly those who choose payment plans or opt for mortgages.

Best Option to Acquire a Tier 1 Passport: Portugal

Portugal offers an attractive option for US citizens looking for both residency and a flexible pathway to citizenship in an EU country . The Portuguese Golden Visa program has seen a surge in interest, allowing applicants to gain residency and eventually citizenship (without the need to live in the country) through qualifying investments in real estate or business ventures. This program not only opens the door to the vast Schengen Area but also offers a high quality of life, rich culture, and beautiful landscapes. 

Besides the Golden Visa for investors Portugal offers a wealth of residency programs including the the D7 Visa for Retirees, the D2 Visa for Entrepreneurs, the D8 Visa for Digital Nomad Visas and the HQA Visa for Highly Qualified Professionals. So Portugal’s doors are open. The country has been voted this year the ‘best and most economical country in the world to live in’. US citizens have been moving in droves to Portugal in recent years.

Portugal Type D Visas Comparison Table

best places to live abroad

Best Option for Real Estate Investors: Greece

As Portugal revises its Golden Visa program, Greece emerges as the new hotspot in Europe for US real estate investors , offering high rental yields in the likes of Athens, Piraeus, and beautiful island locations. The Greek Golden Visa can be obtained with investments ranging from 250,000 to 500,000 EUR, depending on the location, with the government considering an increase to 750,000 EUR for its major cities making now, the time to proceed. This program attracts investors with its potential for strong returns, access to stunning properties, and a straightforward path to residency. Additionally, US remote workers can also benefit from the stunning landscapes throughout the country. With a minimum monthly income of EUR 3,500 for the main applicant and extra EUR 700,00 per dependent, one can qualify for the Digital Nomad Visa in Greece.

best places to live abroad

Best Place to Move Abroad for a Laid-back Way of Life: Paraguay

Paraguay shines as a hidden gem for those seeking a laidback lifestyle abroad. This South American country offers an affordable cost of living, tranquil surroundings, and a slower pace of life, ideal for those looking to disconnect from the complexities of big city life. The straightforward residency process and potential for citizenship in just 3 years further enhance its appeal for Americans seeking the best places to live abroad and a meaningful change.

Anyone with a clean criminal record who manages to obtain a valid entry visa to Paraguay CAN apply by signing a declaration form stating that you have sufficient funds to cover your stay in Paraguay OR directly prove this by sharing your financial statements. Applicants that can enter visa-free to the country – US Citizens included, must only show proof of U$5,000 minimum in the bank account to qualify.

If you are considering relocating to Latin America, don’t miss our article: Residency Programs is Latin America- 5 Things to Take Into Consideration!

Easy Second Passport: Caribbean

The Caribbean is renowned for its citizenship by investment programs, offering a quick route to a second passport. St. Kitts and Nevis, Dominica, Grenada, St. Lucia and Antigua and Barbuda provide options for obtaining citizenship through either a donation or real estate investment. Donation options start at $100,000, while real estate investments begin from $200,000, depending on the country. These programs not only offer the benefits of increased visa-free travel and potential tax advantages but also the chance to be part of the vibrant Caribbean community, set against a backdrop of stunning natural beauty. While record numbers of US citizens renouncing their citizenship in recent years as they look to escape citizenship based taxation policies, most American investors secure second passports in the Caribbean as a backup plan.

best places to move abroad

Conclusion

For US citizens contemplating a move abroad, there are myriad opportunities to explore. Whether the goal is to stay close to home, delve into international business, acquire a powerful second passport, embrace a laid-back lifestyle, or enjoy the benefits of dual citizenship, there is a destination to match every aspiration. 

As global mobility continues to rise, the dream of embarking on a new life chapter in a foreign country is more accessible than ever.

For expert guidance on navigating the complexities of international immigration, residency, and citizenship by investment solutions in Europe, the Caribbean, and Latin America, reaching out to Lincoln Global Partners can provide the insight and support necessary to make informed decisions and achieve your relocation goals.

Click here to book a free consultation with our team.

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Georgea Rios

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