What is the best country for expats?

Senior couple on balcony of house overlooking ocean

The prospect of Brexit isn't just putting people off moving to the UK - it's driving many Brits away too.

More than 100,000 Brits have already upped sticks and moved abroad since the EU referendum, in search of a better society, a better job or simply a bit more sunshine.

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But which ex-pat destinations will give you the best standard of living for your money?

New research from PeoplePerHour has revealed that India is the most economical place to live. Totting up expenses such as groceries, dining out, utilities, rent and broadband, the typical cost of living in India is just £523 per month – almost £1,200 less than the UK.

Other destinations for Brits aspiring to digital nomadism include Mexico, Brazil and Croatia: and with beautiful beaches, fabulous weather and amazing food, they make some of the cheapest destinations to live and work in.

Research from the University of Westminster shows that the average hourly rate for a freelancer on PeoplePerHour is £20.73. And Brits wanting to start a new life in any of these countries could expect to have more than 70% of their annual earnings left to play with once the everyday essentials have been covered.

In the UK, on the other hand, a substantial 59.71% of average earnings is taken up by essentials.

"The cost of living in the UK has been incrementally rising during the last few years, and with inflation making real-term wages fall for the third year in a row, people are constantly looking for ways to make their money go further," says Xenios Thrasyvoulou, founder and CEO of PeoplePerHour.

"On the surface it might seem counter-intuitive, with the expenses of travel to take into account, but digital nomadism could be the answer for those with a willingness to move."

Those who like a tipple should probably avoid Singapore - it's the most expensive place to buy a bottle of wine. And you'll need to be pretty successful to emigrate to Bermuda, where the average cost of living is £5,122 a month. It's also the most expensive country for broadband.

"While the average British salary crept up by 4.25% between 2010 and 2015, the freelancer rates rose 26.83% in the same period, putting freelance hourly rates 36% above those of their employed counterparts," says Thrasyvoulou.

"Taking this into account, the prospect of living abroad while working globally is becoming increasingly attractive to frustrated Brits."

Average monthly cost of living abroad

India: £523.04
Philippines: £629.96
Mexico: £669.44
Malaysia: £690.49
Vietnam: £842.55
Russia: £884.22
China: £925.38
Thailand: £943.59
Brazil: £954.05
Jamaica: £964.72
Croatia: £992.03
Portugal: £1,035.9
South Africa: £1,047.32
Cyprus: £1,057.12
Greece: £1,058.54
Costa Rica: £1,125.6
Spain: £1,248.78
France: £1,368.17
Malta: £1,473.52
Barbados: £1,583.12
Japan: £1,595.63
Canada: £1,619.26
Germany: £1,681.16
UK: £1,716.61
Belgium: £1,814.89
Denmark: £1,845.15
USA: £1,929.58
Australia: £1,997.79
Singapore: £2,547.9
UAE: £2,628.48
Switzerland: £3,243.39
Hong Kong: £3,227.565
Bermuda: £5,122.35

Five holiday homes for £100,000 or less
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Five holiday homes for £100,000 or less

This one bedroom, ground floor apartment benefits from access to a stunning communal swimming pool, as well as a private terrace. Well situated near the centre of the bustling, family resort of Cala d'Or with it many restaurants, bars and shops, it is also just 65km from Palma international airport.

Price: €130,000 (£98,000)

Agent: Investa Real Estate Mallorca - 0843 314 3156

Close to the centre of friendly, French ski resort Champagny en Vanoise - part of the Paradiski ski area that also includes Les Arcs and La Plagne - you will find the small apartment block housing this new build, ground floor flat with space for two bedrooms. The 63 square meter space is sold empty, giving you the freedom to create the perfect holiday home for both winter and summer trips.

Price: €120,000 (£90,000)

Agent: RMP Immobilier - 0033 479 221050

With an open plan living/dining area, two double bedrooms, a bathroom and a utility room, this stunning Cretan villa offers plenty of space for families. Outside, there is a private garden and a shared swimming pool. The resort of Chania's white, sandy beaches are also just 10 minutes drive away, while there is a local supermarket and bar/restaurant within easy walking distance.

Price: €128,500 (£97,000)

Agent: Alpha Omega Crete - 0030 282 5031860

This beautiful stone house near the walled town of Lucca has bags of rustic charm from the outside - plus a modern, open plan interior. Arranged over three floors, it also boasts a private garden and fantastic views across the surrounding countryside, as well as the space to easily sleep six people.

Price: €125,000 (£94,000)

Agent: Essegi Immobiliare Lucca - 0843 314 3156

Relaxing on the roof terrace of this modern, two bedroom apartment, you will enjoy blissful views across the pretty coastal town of Lagos to the sea beyond. The property, which is within easy walking distance of the beach, also benefits from two bathrooms, a balcony and underground parking. And while the asking price is slightly above £100,000, an offer of under that amount could seal the deal.

Price: €135,000 (£102,000)

Agent: Sunpoint Properties Praia da Luz - 0035 191 861263


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