Considerations for Americans Who Want to Move to Europe

Relocating to Europe for retirement or just because could be more complicated than you might think. Here are a few things to think about.

A man carries a box into his new home.
(Image credit: Getty Images)

Editor’s note: There are many reasons why an American may seek to relocate to Europe, chief among them retirement, work opportunities or simply a better work-life balance. This is the first article of a four-part series in which we’ll discuss key financial considerations Americans should keep in mind when considering a move to Europe and zoom in on three countries in particular: France, Italy and Portugal.

Americans are moving to Europe in ever-increasing numbers, often because they believe that a better balance between work and lifestyle may be available in European countries. But many Americans who take up residence in Europe often find the transition to be more complex than they anticipated. While the issues can be complicated and differ significantly depending on the country, here are some things to keep in mind if you’re considering a move to Europe when you retire.

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Alex Ingrim, Chartered MCSI
President and Co-Founder, Chase Buchanan USA

With over 10 years of experience working in European wealth management firms and family offices, Alex has significant expertise in cross-border financial planning, investment management, and macroeconomic analysis. He enjoys speaking with clients and explaining our investment philosophy while helping them understand the implications of various geopolitical events on their portfolios. Alex graduated with distinction from Grenoble Ecole de Management with a master’s degree in International Business after initially completing a bachelor’s degree in English at Simon Fraser University.