In 2025, more Americans are seeking a fresh start abroad, not as a fleeting trend, but as a smart, strategic lifestyle change. With nearly 9 million U.S. citizens now living overseas, a number steadily rising according to AARO and other studies, this movement is transcending generational boundaries. At the same time, nearly 23% of U.S. employees, more than 36 million people work remotely at least some of the time, making global mobility not just possible but preferable.

What’s drawing them? It’s a powerful mix: universal healthcare, drastically lower housing costs, safer communities, and high-quality public services without sacrificing flexibility or adventure. Countries like Portugal, Spain, Greece, and Italy are answering the call with targeted immigration options such as Golden Visas and citizenship-by-descent making relocation smoother than ever.

In the sections ahead, we dive into the top destinations for Americans in 2025, examining the countries where these benefits aren’t theoretical, but real.

Global Hotspots: Where Are Americans Moving in 2025?

In 2025, relocating abroad is increasingly seen as a strategic lifestyle move. According to a recent article, top destinations include Canada, Portugal, Spain, Mexico, Australia, Italy, Ireland, the Netherlands, Panama, and Switzerland, all praised for their high quality of life, public services, and expat-friendly visa systems.

Europe remains the leading destination. According to an article by Freya Mannion In Portugal, the American expat population has surged nearly 239% since 2017, reaching around 14,000, drawn by affordable living, favorable tax regimes, and robust visa options like the Golden Visa and D7. Greece is becoming a top choice for retirees, with growing interest in Golden Visas that begin at €400,000, supported by quality healthcare and a relaxed Mediterranean lifestyle. Italy continues to captivate Americans through its Investor and Elective Residency programs, particularly in scenic regions like Tuscany, as remote work infrastructure expands .

Elsewhere, Latin America and Asia are capturing attention. Panama’s Friendly Nations Visa appeals for affordability and U.S. dollar-based economy. In Asia, Thailand and Vietnam are fast becoming hubs for digital professionals, thanks to low living costs and strong expat communities .Additionally, cities like Medellín, Buenos Aires, and nations such as Uruguay continue to entice Americans with safe environments, cultural vibrancy, and reasonable real estate prices (nypost.com).

Far from a fleeting fad, these relocations reflect a deliberate recalibration. Americans are choosing places that align with their financial aims, wellness goals, and global mobility dreams. From Portugal’s tax incentives to Mexico’s proximity and Italy’s cultural depth, the top relocation options of 2025 aren’t just options, they’re well-thought-out lifestyle choices.

Retirement, Second Homes, and Investment Opportunities Abroad

Why are Americans choosing to Retire Abroad

Retirement abroad has transformed from a fringe idea into a mainstream financial strategy for many Americans, driven by clear, practical benefits rather than just wanderlust. According to CNN Travel, countries like Portugal, Mexico, Panama, and Costa Rica are top choices because they combine a lower cost of living, retiree-specific visa programs, and high-quality healthcare, letting retirees stretch their Social Security or pension checks much further. In many of these markets, basic goods, rent, and utilities cost 30–60% less than in U.S. cities, aligning perfectly with fixed retirement incomes.

Another key motivator is lifestyle. Many retirees report seeking warmer climates, slower pace of life, and access to vibrant expat communities that help ease transition and inspire connection. For instance, floating communities in Mexico and beachside life in Costa Rica or lush expat-friendly neighborhoods in Panama and Portugal offer a sense of belonging without isolation.

Many Americans also view retirement abroad as a smart investment play. Purchasing a second home in these countries serves dual purposes: a personal retreat and a source of long-term rental income (through short-term rentals or property appreciation). Some retirees even use Golden Visa or investor programs like Portugal’s or Greece’s to secure residency or citizenship through real estate, unlocking travel and tax benefits while building equity.

According to U.S. Nearly 450,000 Americans were receiving Social Security overseas in 2021 up from around 307,000 in 2008, citing motivations like lower costs, year-round comfort, and lifestyle enhancement as key drivers.

Best European Countries for Retirement

Many Americans are now choosing European destinations for retirement, not just as a scenic getaway, but as a strategic move for well-being, affordability, and global mobility. According to Forbes, six standout European destinations including medieval Bragança in Portugal, Alicante in Spain, and beautiful Bergerac in France offer retirees a high-quality lifestyle for well under $1,500 a month. These locations combine historical charm with accessible healthcare, affordable housing, and walkable communities.

Portugal earns top marks for safety, excellent public services, and warm climates. Areas such as Lisbon, Porto, the Algarve, and Bragança offer friendly expat communities and affordable living with solid access to public healthcare, often with monthly budgets ranging from €2,000 to €3,500 depending on lifestyle.

Spain, especially Valencia and Seville draws retirees with its mild weather, low-cost coastal living, and robust healthcare system that ranks among the top globally. The country’s non‑lucrative visa route, requiring modest income proof, opens the door to peaceful, fulfilling retirement.

France is another favorite for retirees drawn by its world-class healthcare system with fixed medical fees and generous reimbursement and a slower pace of life in regions like Provence, Dordogne, or Brittany, where living costs are far below major U.S. cities.

Greece also continues to rise in popularity, offering both Greece’s Golden Visa and income-based FIP visa options. It is especially attractive on islands like Crete and Corfu, which combine low living costs, attractive tax conditions, historical beauty, and easy access via ferry to larger cultural hubs.

Furthermore, countries such as Italy , particularly in Tuscany and smaller historic towns, offer a blend of rich culture, affordable rural living, and healthcare access through the Elective Residency Visa.

Where Are Americans Buying Second Homes?

According to a recent article ,Americans are increasingly investing in second homes abroad particularly in Italy, Greece, and Portugal, as well as emerging markets like the UAE and Costa Rica. Interest from U.S. buyers in Italy has grown significantly, with demand strongest in regions like Tuscany and Sicily. In Greece, Island hotspots such as Crete and Rhodes are gaining popularity thanks to relaxed Golden Visa investment thresholds. Portugal remains a go-to destination, with U.S. buyers making up nearly 60% of all foreign property transactions there. While luxury listings in Portugal and Italy attract high-end investors, mid-range homes under €500,000 are also in high demand. The article notes that rental income potential and lifestyle appeal like Mediterranean climates and cultural vibrancy are key motivators. Rising global mobility, low interest rates, and favorable exchange rates are fueling this international real estate trend. The result: Americans are turning second-home purchases abroad into a cross-border wealth-building and lifestyle strategy. Here's a comprehensive look at the latest trends:

Portugal

American interest in Portugal is strong across price points: luxury coastal homes (between €1.5M–€3M) and mid-range properties under €500K in quieter inland areas. Driven by favorable exchange rates and residency options like the D7 or Golden Visa alternative, buyers report consistent rental occupancy and robust equity growth.

Greece

Greek properties, especially in Crete, Rhodes, and Athens, are popular with American investors thanks to the Golden Visa program with a €250,000 property threshold. Combined with appealing tax regimes such as flat dividend rates and capped foreign income tax the Greek market is well-regarded by U.S. buyers seeking both lifestyle benefits and solid rental returns.

 Italy

Italy Golden Visa sees strong U.S. buyer interest in Tuscany, Sicily, Puglia, and Sardinia. Platforms like Gate‑away.com note that 30% of global inquiries are from Americans. Deals range from fixer-uppers under €100K to turnkey countryside villas around €400K–€500K. One buyer purchased a Sardinian home for €405K, earning rental income that covers a large portion of annual expenses.

 Other Popular Destinations

 Mexico: Coastal towns such as Puerto Vallarta and Tulum are preferred for their low prices,    strong tourism-driven rental demand, and secure property ownership structures.

 Costa Rica: Areas like Guanacaste and the Central Valley attract expats interested in eco-friendly living and short-term rental potential.

 Panama: Thanks to the Friendly Nations Visa and a dollar-based economy, Panama City and   Boquete stand out as reliable second-home markets with steady income opportunities.

For Americans considering second homes abroad, these destinations offer more than just retreats, they deliver a powerful combination of investment, lifestyle, and global mobility.

Property ownership abroad not only provides a lifestyle upgrade but can also serve as a stepping stone to residency and citizenship opportunities. Start your journey today. Discover how investing in a second home can unlock long-term benefits for you and your family. Let our team help you navigate your next move with confidence.

For more on children’s education abroad, read our other article on why so many Americans are moving abroad for their kid’s education and the residency options available.

The Financial Side: Costs, Taxes, and Banking Abroad

How Much Does It Really Cost to Move Abroad?

Moving abroad involves more than just plane tickets, it requires careful financial planning. According to Investopedia, long-term expatriates typically spend between $10,000 to $20,000 upfront, covering visa fees, shipping, and housing deposits. Monthly living expenses depending on location and lifestyle range from $2,000 to $4,000, including rent, utilities, groceries, local transportation, and insurance. While certain cities, especially in Latin America or Southeast Asia, offer lower cost-of-living advantages, others like Western Europe or Australia can align with or even surpass U.S. metropolitan prices. Factoring in hidden costs like international banking, tax planning, and cultural integration services, many expats find that the total cost of relocating ranges from $80,000 to $120,000 over four years. Smart budgeting and understanding the full expense picture are essential for a sustainable and stress-free move abroad.

With proper budgeting and research, your dream of living abroad can be both realistic and sustainable. 

Upfront Relocation Expenses

Expect to spend anywhere from $5,000 to $8,000 on airfare, visa applications, document processing, temporary housing, and moving services. According to Salon, these costs can quickly multiply for couples or families, especially when factoring in legal fees and translations.

Monthly Cost of Living

Living abroad can drastically reduce your ongoing expenses depending on the destination. In countries like Portugal, Greece, or Italy, couples often live comfortably on $2,000–$2,500/month, including rent, food, transport, and leisure. Meanwhile, in places like Mexico, Colombia, or Vietnam, this can drop to $1,200–$1,800/month, while Northern or Western European cities may exceed $4,000/month.

Housing & Real Estate

Real estate is often the biggest expense. You can:

• Rent a 1-bedroom in Athens for under $600/month
• Find countryside homes in Italy under €100,000
• Buy in smaller Portuguese cities at affordable rates, though Lisbon prices are climbing
  Each country has its own rules and costs for foreign ownership, which is often a prerequisite for residence-by-investment programs.

Healthcare and Insurance

Most countries offer excellent healthcare at a fraction of U.S. costs. However, expats typically require private international insurance, costing $100–$300/month, and in many cases, it’s mandatory for long-term visas.

Taxes and Financial Compliance

American citizens are still subject to U.S. taxes abroad. As detailed by MyExpatTaxes, you must file yearly returns, possibly pay local taxes, and report foreign assets through FBAR or FATCA. Hiring an expat tax expert is often recommended.

 U.S. Taxes, FATCA, and Banking Abroad

Moving abroad may seem like an adventure until you face the realities of U.S. taxes, banking restrictions, and complex compliance obligations. Here's everything you need to stay informed and prepared.

 U.S. Tax Responsibilities for Expats

Even overseas, U.S. citizens and green-card holders are required to file annual U.S. tax returns on worldwide income. This includes reporting foreign-earned income, investments, and bank accounts. Two key forms are essential as per IRS:

• FBAR (FinCEN Form 114): Mandatory if your combined foreign financial accounts exceed $10,000 at any point during the year.
• FATCA (Form 8938): Required if your foreign financial assets exceed IRS thresholds (e.g., $200,000 for single expats abroad, $400,000 for joint filers) 

Failing to comply can result in severe penalties ranging from $10,000 for late filings to a 50% annual fee on unreported assets.

FATCA & Accessing Foreign Banking Services

The Foreign Account Tax Compliance Act (FATCA) legally obliges non-U.S. banks to report American clients to the IRS or face heavy withholding penalties. As a result:

• Many global banks refuse to onboard U.S.-based clients, citing compliance risks
• Account applications may trigger questions about your U.S. citizenship, Social Security number, and overseas address.
• Even existing accounts can be closed unexpectedly. Opening new accounts may require extra documentation—proof of residency, detailed identification, and FATCA self-certification

 Managing U.S. Financial Products from Abroad

Living abroad can also affect your U.S. banking and credit access. Some major providers like Morgan Stanley, Fidelity, and USAA restrict services or close accounts for expats, citing compliance and regulatory concerns. Maintaining U.S. financial relationships may require extra flexibility, such as using international-friendly banks or retaining minimal U.S. activity to preserve credit.

Disclaimer

We are not tax advisors or licensed financial professionals. This content provides a high-level overview based on publicly available information. Always seek personalized guidance from a qualified tax advisor or expat financial planner.

Dual Citizenship & Choosing the Right Country

 Dual Citizenship Opportunities for Americans

One of the key attractions of moving abroad is the possibility of acquiring dual citizenship, which opens doors to global mobility and enhanced rights.

• Italy, Greece, and Portugal offer citizenship by descent to Americans with qualifying ancestry. This route allows individuals to reclaim their heritage while gaining EU citizenship and all associated benefits, including the right to live and work across the European Union.
• Golden Visa Programs in these countries offer residency options through property investment or financial contributions, potentially leading to permanent residency and citizenship over time.

Whether you're planning to retire on a sun-drenched coast, invest in international property, or reclaim your European heritage, we're here to make it seamless. At Immigration Diligence, we specialize in both ancestry-based citizenship applications and investment-based residency options, providing personalized guidance throughout the process. Learn More About Our Citizenship & Residency Services

 How to Choose Your Ideal Country

Relocating abroad is a life-changing decision, and choosing the right destination is key to ensuring long-term satisfaction both financially and personally. Whether you're seeking EU residency through investment, ancestry-based citizenship, or planning to retire overseas, your ideal country will depend on several core factors that go beyond just lifestyle aspirations.

1. Cost of Living vs. Financial Comfort

Before making the move, assess your budget against the average cost of living in each country. Southern European countries like Portugal, Greece, and Italy continue to attract Americans with their lower living costs, especially outside major cities. However, costs can vary greatly between regions. Consider expenses like housing, transportation, groceries, and healthcare to ensure the lifestyle aligns with your retirement or investment goals.

 2. Residency and Citizenship Pathways

Evaluate which legal routes are open to you:

• Do you qualify for citizenship by descent in Italy, Greece, or Portugal?
• Are you open to investing in real estate to obtain a Golden Visa?
• Do you want a clear path to permanent residency or eventual citizenship?
  

Each country has distinct criteria, timelines, and obligations. Some may allow dual citizenship; others may not. Knowing this ahead of time is critical for a smooth immigration journey.

3.Healthcare Quality & Accessibility

Access to affordable, high-quality healthcare is a major draw for retirees and families alike. Countries like Portugal and Italy rank high for their public healthcare systems. You’ll want to understand whether expats can access national health plans or must rely on private insurance—and how that fits into your long-term budget.

4. Cultural Compatibility & Language Barriers

Even the most picturesque destination can become isolating if you don’t feel culturally connected. Consider how comfortable you’d feel with local customs, climate, cuisine, and social norms. Language barriers can affect day-to-day life, especially in bureaucratic processes. While English is widely spoken in parts of Portugal and Greece, learning the local language enhances your integration and overall experience. 

For more cultural insights and real-life reactions, read our other article on what Americans find surprising about Europe, from public transport to everyday social norms.

5.Tax Implications & Financial Planning

International relocation adds complexity to your financial life. You may still owe taxes in the U.S., face reporting requirements under FATCA, or be liable for local income taxes depending on your residency status. Some countries offer tax incentives for foreign retirees or new residents, Portugal’s Non-Habitual Resident (NHR) scheme being a notable example. It’s essential to work with cross-border financial advisors before your move.

According to Kiplinger’s Expat Guide, Americans considering a move abroad must weigh the legal, financial, and emotional aspects of such a transition. The article emphasizes the need to plan for taxation, healthcare, and long-term residency options well in advance, especially for those looking to retire abroad or manage U.S. tax obligations while living overseas.

Our team at Immigration Diligence works with clients to evaluate all these factors, ensuring each move is strategic and well-informed. Ready to make the right move?
Let our team guide you in choosing the perfect country that fits your lifestyle, goals, and future plans.

Moving Abroad in 2025 — A Growing American Trend

From the sun-soaked coasts of Portugal and Italy to the vibrant culture of Greece and the modern comforts of the UAE, more Americans than ever are choosing to make a life abroad. Whether it's for retirement, remote work, investment opportunities, or reclaiming ancestral roots, 2025 is proving to be a defining year for global relocation.

But finding the best country for your goals requires more than just a dream , it takes expert insight, legal understanding, and personalized planning.

At Immigration Diligence, we specialize in helping Americans evaluate, plan, and execute their international moves with a focus on citizenship by descent, Golden Visas, and strategic relocation planning across Europe and beyond.

Book a Free Consultation with Our Team