Where I’d Actually Live in Europe (And Where I Wouldn’t)

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Apr 24, 2025

Discover the hidden challenges wealthy individuals face when relocating to European cities like Vienna and Zurich, including complex residency issues and high taxes. Uncover tax-friendly alternatives such as Dublin, Sofia, and Belgrade that offer better living experiences for high-income earners. Get a fresh perspective on livability rankings and find out where affluent expats can thrive, maximizing both their wealth and quality of life. Explore intriguing insights that will make you rethink your next move to Europe!

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ANECDOTE

Visa Limits for Wealthy Americans

Wealthy Americans can't just stay in Europe as long as they want due to Schengen visa limits.
A friend spent $1 million to get Maltese citizenship, enabling EU-wide residence rights.

INSIGHT

Europe's Livability for Wealth Levels

Europe's most livable cities suit middle or lower income residents very well.
High-net-worth individuals derive less value due to high taxes and limited benefits.

ADVICE

Use Ancestry for EU Mobility

If you have European ancestry, leverage it to move across EU countries with ease.
Otherwise, expensive citizenship programs may be necessary to gain residence rights.

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Many of my US viewers have told me they are feeling ever more angsty about moving out of the country, and the migration numbers back these feelings up. One of the go-to places these people, and maybe you as well, wish to go to is, without a doubt, Europe. But before you pack your bags and jump on a plane, there are some things to consider.

In this episode, we will go through the Economist's list of the most livable cities on the continent and discuss how we should go about examining these findings. While these results might be reflective for some people, they often miss the mark when it comes to high-net-worth individuals. So let's talk about it openly and ask the question, will I be treated best in Europe?

Nomad Capitalist helps clients "go where you're treated best." We are the world's most sought-after firm for offshore tax planning, dual citizenship, international diversification, and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors.

We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country.

No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't.

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DISCLAIMER: The information in this episode should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.