What would it be like to move overseas and obtain residency in another country? It happens to all of us. We see a friend or family member post a picture of their vacation on some tropical island or in a quaint old city and think I want to live there. I get that a bunch this time of year as many people begin posting pictures from their holiday vacation spots.
But for most of us this urge remains a dream. After all, moving abroad isn’t exactly a simple task — there is housing to find, international movers to hire, jobs to get if you’re not retired, and oh yeah, the whole question of legal residency and visa applications. If you don’t have the support of a company sponsorship, how can you move overseas for more than a couple months?
Luckily, while many countries might require hundreds of thousands or even millions of dollars in investment to buy residency, it turns out there are actually plenty of countries in the world you can move relatively easily to — in fact, many countries actually encourage people to move there!
We’ve done the legwork of compiling a list of the 10 easiest — and cheapest — countries to become a resident. In many of these places it won’t be long before you qualify to become a citizen and get that second passport. Just the idea makes you feel a little like James Bond, doesn’t it?
Here’s an overview of the easiest countries to obtain residency in:
- Panama
- Belize
- Nicaragua
- Ecuador
- Paraguay
- Uruguay
- Seychelles
- South Africa
- Phillipines
- Malaysia
Don’t stop there though; we’ve got many more details to share with you about each country.
Let’s dive in.