REVEALED: The blossoming expat communities in countries you may NOT have considered

Britain expat GETTY

An estimated 339,000 people emigrated from the UK in 2016

An estimated 339,000 people emigrated from the UK in 2016 and the destinations previously mentioned are still drawing a lot of people.

But we are also seeing expat communities growing in countries a little more off the beaten track.

In some you may find that the rent is cheaper, the views are better, and the standard of life is higher than in other destinations.

So which countries should you be considering?

Taiwan

Taiwan (originally named Ilha Formosa, which translates to ‘beautiful island’) does not make it into the top 15 in terms of the numbers of British expats that flood there every year, but it currently ranks #1 in the world for a number of expat destination rankings.

Beyond this, Taiwan also ranks #1 in the InterNation quality of life index; an index based on variables like available leisure options, travel & transport, safety and security, personal happiness and health and well-being.

From the bewitching beauty of Taroko Gorge to the incredibly charming streets of Jiufen, the ecology and culture of Taiwan is also one of its biggest selling points.

In terms of savings, Numbeo (a huge database of cost of living and living conditions information) calculates that the cost of living in Taiwan is some 13 per cent lower than in the UK, whilst rent is a whopping 55 per cent lower.

Whilst many people worry about the culture shock which can accompany a dramatic change of location, the local population is known for being friendly and welcoming and Taiwan’s expat community has really exploded in recent years, with increasing numbers of Brits setting up shop in the nation.

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Taiwan’s expat community has risen in recent years, with a high number of Brits setting up shops

Thailand

Thailand’s popularity with expats has been rising steadily due to the nation’s comparatively low cost of living, year-round tropical climate and breath-taking surroundings.

Thailand, nicknamed the ‘Land of Smiles’, has a cost of living that’s 37 per cent lower than the United Kingdom’s, with rent itself being 52 per cent lower on average than what you can find in the UK.

If you are looking for a slower pace of life, consider Chiang Mai in the north of Thailand, about an hour’s flight from Bangkok.

Chiang Mai has a slightly more temperate climate, an extremely rich history and some of the most stunning mountainside settings in the world.

If you are looking for the more typically picturesque beachside paradise, Koh Samui is an idyllic palm-lined island with a wallet-friendly laidback lifestyle and access to quality healthcare.

The island is one of Thailand’s more developed, and offers employment opportunities in education and hospitality.

However, if you are hoping to settle somewhere with a strong expat community, Thailand’s capital, Bangkok, is probably your best bet as there are a large number of foreign nationals living in the area.

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Thailand’s popularity with expats has increased due to the nation’s comparatively low cost of living

Costa Rica

Costa Rica is growing in popularity with foreign retirees (it is now the most popular retirement haven in Central America) because of its affordable cost of living, low levels of crime, high standard of life and extremely attractive ecology.

The country features long expanses of deserted paradisiacal beaches, turquoise Caribbean seas, quiet rural communities, charming markets, stunning biodiversity and bustling modern cities.

Indeed, employment opportunities in Costa Rica have also blossomed, as many multinationals take advantage of its free trade zones, rich environment, agriculture and ecotourism.

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Costa Rica is growing in popularity due to low levels of crime and a low cost of living

Costa Rica is world-renowned for its coffee, pineapple and banana production, with the nation profiting greatly from its fertile soil.

In terms of savings, your hard-earned cash will go a lot further here, with the cost of living being on average 24 per cent lower than in the UK and rent itself being 48 per cent lower, whilst real estate remains at absolute bargain prices.

These nations might not be on the radar for a lot of would-be expats, but as they all offer the opportunity to live to a high standard at a fraction of the cost of European destinations, they are well worth exploring.

Daily Express :: Personal Finance Feed

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