Several factors make life affordable in certain European countries to land a reality. In Montenegro, Romania and Portugal, lower costs of living, lower housing costs and government incentives create budget-friendly conditions. Hungary’s capital, Budapest, offers an excellent quality of life without spending a lot of money.
Although Malta is small, it offers tax benefits and a competitive cost of living. These cities offer the charm of European culture and history at a fraction of the cost compared to more expensive Western European counterparts.
Portugal
LivingCost.org reports that the average cost of living in Portugal is $1,073, which is 52% less than in the United States. Nymbeo adds that rent is also half as cheap.
Digital nomad visa in Portugal
Foreign nationals who work remotely and earn more than €3,040 per month are eligible for a Portugal Digital Nomad Visa. Non-EU and non-EEA citizens who are at least eighteen years old can apply for this visa.
Malta
Although the average cost of living in Malta is slightly higher than in other countries (average $1,340), it is still 39% lower than in the United States, and rental prices in Malta are on average 42.8% lower than in the US.
Digital nomad visa in Malta
In 2021, Malta introduced a digital nomad visa program that has opened up exciting opportunities for remote workers. This visa offers the flexibility to work for any employer registered outside Malta while living in this picturesque Mediterranean country.
Hungary
With an average cost of $860, the cost of living in Hungary is 61% lower than in the United States. Rents are 78% lower than in the US
Visa for digital nomads in Hungary
Hungary offers the White Card, also known as the digital nomad visa. You can work in Hungary for any international employer registered outside Hungary if you have this type of visa.
Montenegro
In terms of cost of living, Montenegro is 65% cheaper with an average monthly cost of $775, compared to the United States’ $2,213. According to LivingCost.org, Montenegro ranks 113th on the list of the most expensive countries in the world, while the United States ranks 5th. Additionally, Numbeo reports that rental costs in Montenegro are 67% cheaper than in the United States.
Visa for digital nomads in Montenegro
Montenegro offers digital nomads two welcome options: the digital nomad permit and the D visa. The Digital Nomad Permit is tailor-made for people looking for an extended stay. It grants an initial stay of two years, which can be extended for a further two years, for a total stay of four years.
Romania
At $713, the average cost of living in Romania is 68% lower than in the United States. According to LivingCost.org, the country ranks 125th on the list of the most expensive countries in the world. Rents are no less than 78.6% lower than in the United States.
Visa for digital nomads in Romania
Romania has introduced its digital nomad visa, joining the ranks of countries embracing this trend. The visa took a while to develop and was officially unveiled on December 21, 2021. The Romanian digital nomad visa works similarly to visas available in other European countries.
