While Portugal and Spain grab headlines for their golden visas, several other European countries offer surprisingly accessible paths to residency. These emerging options often come with lower costs, faster processing, and fewer applicants in the queue.
The dream of living in Europe—cobblestone streets, café culture, affordable healthcare, and weekend trips to new countries—is more accessible than most people realize. While traditional expat hotspots like France, Italy, and Spain often have strict or expensive visa requirements, a wave of lesser-known European countries is making it surprisingly easy to gain residency, especially for remote workers, retirees, and investors.
From digital nomad visas to low-cost investment pathways, these emerging destinations are quietly becoming Europe’s new residency sweet spots. With fewer crowds, lower living costs, and streamlined immigration processes, they offer a chance to enjoy the best of the continent—without the red tape or price tag of their more famous neighbors.
In this post, we’ll uncover 8 countries across Europe that are rolling out the welcome mat with easy residency options. Whether you’re dreaming of coastal living, mountain escapes, or medieval towns filled with charm and opportunity, these places might just change the way you think about moving abroad.
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Quick & Easy Tips Before You Apply
Start with the embassy website. Every country has different documentation needs—know them before you book a flight.
Proof of income is key. Even the easiest visas require financial stability—usually just a few thousand dollars a month.
Translate and notarize documents ahead of time. Many countries require certified translations of passports, bank statements, and more.
Check healthcare requirements. Most residency visas demand proof of local or international health insurance.
Hire a local lawyer or relocation consultant if you’re feeling overwhelmed—especially in countries with bureaucratic hurdles.
Not everyone views these easy-access countries through rose-colored glasses. Critics argue that opening up residency programs too broadly can lead to gentrification, rising rents, and resentment among locals—especially in small cities or rural towns where foreign income can quickly shift the local economy. This is already visible in parts of the Balkans and Eastern Europe.
Another point of contention: some of these “easy” residency pathways are used by people avoiding taxes or seeking legal loopholes rather than truly integrating into their new communities. This has led to increased scrutiny and calls for reform in some places, particularly where digital nomad communities have grown quickly without clear long-term plans.
Lastly, there’s the issue of cultural assimilation. Residency is legal, but building genuine community is personal. Newcomers who don’t learn the language, follow local customs, or support local businesses often risk isolation—or unintentionally disrespecting the culture they’re living in.
1. Romania: The Digital Nomad Gateway

Romania’s new digital nomad visa program has quietly become one of Europe’s most accessible residency options, especially for remote workers and freelancers. While other European countries require high investment amounts or complex paperwork, Romania focuses on attracting global talent with straightforward requirements.
Basic Requirements:
- Proof of employment or business ownership
- Income requirement: €3,300 per month
- Health insurance coverage
- Clean criminal record
- Rental contract or property ownership
The visa process stands out for its simplicity. Unlike many European programs that require months of waiting and multiple office visits, Romania’s digital nomad application can be completed largely online. The income requirement, while seeming high for Romanian standards, is significantly lower than similar programs in Western Europe, where requirements often exceed €5,000 monthly.
The health insurance requirement is also straightforward – applicants can choose between private international coverage or joining the Romanian state system. Most digital nomads opt for private insurance, which costs around €50-100 monthly for comprehensive coverage.
Why It’s Gaining Popularity:
- No physical presence requirements during application
- Processing time under 30 days
- Lower cost of living than Western Europe
- Growing tech hub in cities like Cluj and Bucharest
- EU member state benefits
The program’s flexibility makes it particularly attractive. Unlike traditional residency permits, digital nomads don’t need to register a local company or deal with complex business regulations. The visa itself serves as a residency permit, allowing holders to rent apartments, open bank accounts, and access local services.
What You Need to Know:
- Initial visa valid for 12 months
- Renewable for up to 5 years
- Path to permanent residency after 5 years
- No language requirement for initial visa
- Tax benefits for digital workers
The tax situation deserves special attention. Romania offers significant advantages for digital nomads, including a flat 10% income tax rate. Additionally, the country has double taxation treaties with most nations, preventing the need to pay taxes twice on the same income.
2. Latvia: The Business-Friendly Option
Latvia’s residency program stands out in the Baltic region for its accessibility and clear-cut requirements. While Estonia focuses on digital solutions and Lithuania targets fintech, Latvia has positioned itself as a hub for traditional business owners and property investors seeking European residency.
Investment Options:
- Business investment: €50,000 minimum
- Real estate: €250,000 in specific regions
- Bank deposit: €280,000
- Government bonds: €250,000
The business investment route is particularly noteworthy for its low threshold. While countries like Portugal require €500,000 or more, Latvia’s €50,000 minimum makes entrepreneurship accessible. However, applicants must understand that this isn’t just about depositing money – the business must create local jobs and pay at least €750 in monthly taxes.
The real estate option comes with specific regional requirements. While Riga’s metropolitan area demands higher investments, smaller cities and coastal regions offer the same residency rights at lower property values. Most properties must be held for at least five years to maintain residency status.
Program Benefits:
- Access to Schengen Area
- Family inclusion
- Fast processing (2-3 months)
- No language requirement initially
- Business-friendly tax system
The Schengen access proves particularly valuable for business owners, allowing travel across 27 European countries without additional visas. Family inclusion extends to spouses, children under 18, and dependent parents, making it a viable option for multi-generational moves.
Living Requirements:
- 183 days per year for tax residency
- Flexible stay requirements for non-tax residents
- Annual registration required
- Property inspection every 2 years
- Economic activity reports for business investors
The stay requirements deserve careful consideration. While maintaining tax residency requires spending the majority of the year in Latvia, those not seeking tax residency have more flexibility. However, permit holders must visit Latvia at least once every six months to maintain their status.
Property investments require regular monitoring. Authorities conduct biennial inspections to ensure properties meet value requirements and aren’t being used solely for residency purposes. Business investors must demonstrate genuine economic activity through annual reports, including proof of job creation and tax contributions.
3. Montenegro: The Pre-EU Opportunity
Montenegro stands at a unique crossroads – poised for EU membership while still offering non-EU residency prices. With accession talks progressing and a target date set for 2025, this Balkan nation presents a strategic opportunity for those seeking future EU rights at current Balkan prices.
Available Routes:
- Real estate purchase: €250,000
- Business registration: €10,000 capital
- Employment contract
- Marriage to resident
- Education enrollment
The real estate market in Montenegro splits distinctly between coastal and inland properties. Coastal areas like Budva and Tivat command premium prices but offer stronger rental yields. Inland properties, particularly around the capital Podgorica, provide better value but slower appreciation. Historical UNESCO sites like Kotor offer a mix of tourism potential and preservation restrictions.
Business registration stands out for its low capital requirement. Unlike many European programs demanding six-figure investments, Montenegro’s €10,000 minimum makes entrepreneurship accessible. However, the business must show genuine activity – authorities check for real operations, not just paper companies.
Strategic Advantages:
- No minimum stay requirements
- Processing time: 3-4 weeks
- Low tax rates
- Developing luxury tourism market
- Future EU membership potential
The tax system deserves special attention. Montenegro’s 9% corporate tax rate ranks among Europe’s lowest. Personal income tax follows a simple flat rate of 9% for most income levels. Capital gains from property sales face a 9% tax after three years of ownership, dropping from 15% in earlier years.
Tourism development plays a crucial role in property investment. The country’s shift toward luxury tourism, evidenced by projects like Porto Montenegro and Luštica Bay, suggests long-term growth potential. These developments also typically qualify for residency programs with guaranteed rental returns.
Important Considerations:
- Residency cards valid for 1 year initially
- Renewal possible indefinitely
- Property must be kept during residency
- Basic health insurance required
- Simple documentation process
Healthcare requirements need careful planning. While basic state insurance costs roughly €200 annually, most residents opt for private international coverage. The public system continues improving but currently lacks the standards found in EU countries.
The documentation process, while straightforward, includes specific requirements. All foreign documents need apostille certification and translation into Montenegrin. Police clearance certificates must be recent, usually within three months. Bank statements should show consistent income or substantial savings beyond the investment amount.
4. North Macedonia: The Low-Cost Alternative
Once overlooked by residency seekers, North Macedonia emerges as one of Europe’s most affordable options for long-term stay permits. While neighboring Greece and Bulgaria demand significant investments, this Balkan nation offers straightforward paths to residency without huge financial commitments.
Entry Requirements:
- Proof of accommodation
- Monthly income: €400
- Health insurance
- Clean criminal record
- Bank statement showing 3 months’ expenses
Cost of Living Reality The €400 monthly income requirement reflects North Macedonia’s remarkably low living costs. A comfortable lifestyle in the capital, Skopje, typically requires €800-1,200 monthly for a couple. This covers a central apartment rental, utilities, dining out weekly, and routine expenses. Outside Skopje, costs drop even further, with some regions offering decent living for €600-800 monthly.
Housing Market Overview Property rental or purchase plays a crucial role in residency applications. Central Skopje apartments average €400-600 monthly for rentals, while purchase prices hover around €1,000-1,500 per square meter. Historical areas like Ohrid offer charming properties at even lower prices, though foreign ownership restrictions apply in some historic districts.
Program Features:
- Fast processing (2-4 weeks)
- Low cost of living
- No investment required
- Simple renewal process
- Potential EU candidate country
Bureaucratic Process The application system stands out for its simplicity compared to other European countries. Local police stations handle residency permits, usually processing applications within 2-4 weeks. However, all documentation must be translated into Macedonian and notarized, with apostille certification for important documents.
Key Benefits:
- Low tax rates
- No physical presence requirements
- Affordable healthcare system
- Growing expat community
- Easy company formation
Healthcare System The national healthcare system provides basic coverage for around €200 annually. While public facilities meet essential needs, many expats combine state insurance with private coverage. Private health insurance costs roughly €500-1,000 annually for comprehensive coverage, significantly less than Western European rates.
Business Environment Company formation offers another path to residency. The process requires:
- Minimum capital of €1
- Local registered address
- Bank account with operating funds
- Basic business plan
- Local accounting service
Infrastructure Development Recent years have seen significant improvements in:
- High-speed internet coverage
- Road networks
- Public transportation
- International flight connections
- Modern shopping facilities
5. Albania: The Mediterranean Budget Option
Often overlooked in favor of its Greek and Italian neighbors, Albania combines Mediterranean charm with surprisingly accessible residency options. This emerging destination offers beachfront living and mountain views at a fraction of typical Mediterranean costs.
Qualifying Criteria:
- Property purchase (no minimum value)
- Business registration
- Employment contract
- Study enrollment
- Marriage to resident
Property Market Insights Albania’s real estate scene divides into three distinct markets. The capital Tirana offers modern developments and steady appreciation. The southern riviera, including Saranda and Vlora, attracts beach lovers with prices 30-40% lower than neighboring Greece. Mountain regions near Theth and Valbona provide investment opportunities in the growing tourism sector.
Unlike Montenegro or Croatia, Albania sets no minimum property value for residency qualification. However, investment locations matter significantly:
- Tirana: €1,000-1,500 per square meter
- Coastal areas: €800-1,200 per square meter
- Rural regions: €300-600 per square meter
Advantages:
- No minimum investment threshold
- Processing time: 30 days
- Beautiful coastline
- Low living costs
- Growing tourism sector
Infrastructure Development Recent years have brought major improvements:
- New Tirana International Airport
- Upgraded coastal highways
- Modern shopping centers
- Improved power supply
- Fiber optic internet coverage
The country’s rapid development means facilities and services continue improving, though they may not yet match Western European standards.
Practical Details:
- One-year permit initially
- Renewable annually
- Simple documentation
- No language requirement
- Developing infrastructure
Cost Structure Living costs remain remarkably low:
- Monthly budget: €700-1,000 for couples
- Restaurant meals: €5-15 per person
- Utilities: €50-100 monthly
- Private healthcare: €30-50 monthly
- Local transportation: €25 monthly
Banking and Finance The banking sector has modernized significantly:
- International transfers available
- Modern online banking
- Multiple foreign banks present
- Euro widely accepted
- Growing fintech services
6. Moldova: The Overlooked Gem
While neighboring Romania attracts digital nomads and Ukraine garnered attention pre-2022, Moldova quietly developed one of Eastern Europe’s most accessible residency programs. Its location between the EU and former Soviet states creates unique opportunities for international business and lifestyle options.
Entry Paths:
- Business investment: €10,000
- Employment contract
- Family reunification
- Study permit
- Remote work visa
Business Environment The €10,000 investment requirement ranks among Europe’s lowest, but the real value lies in Moldova’s strategic position. The country maintains free trade agreements with both the EU and CIS countries, making it an ideal base for cross-border commerce. Key business sectors include:
- Wine production and export
- IT and outsourcing services
- Agricultural processing
- Light manufacturing
- Logistics services
Program Highlights:
- Fast processing
- Low cost structure
- Growing IT sector
- Wine region lifestyle
- Strategic location
Cost of Living Breakdown Moldova offers remarkably affordable living costs:
- Apartment rentals: €200-400 monthly
- Utilities: €50-100 monthly
- Internet (1Gbps): €10 monthly
- Public transport: €15 monthly
- Restaurant meals: €5-15
Living Requirements:
- Minimal stay requirements
- Annual renewal process
- Basic health coverage needed
- Simple tax system
- Developing economy
Healthcare System The healthcare landscape combines public and private options:
- State insurance: €200 annually
- Private clinics in major cities
- International medical centers
- Dental tourism growing
- Pharmacy network expanding
Digital Infrastructure Moldova’s IT sector development brought significant improvements:
- Fast internet speeds nationwide
- Multiple tech parks
- Digital signature system
- E-government services
- Modern banking apps
7. Slovakia: The Central European Hub
Often overshadowed by neighboring Austria and the Czech Republic, Slovakia offers surprising advantages for residency seekers. This EU member state combines Central European sophistication with more accessible entry requirements and lower costs.
Business Requirements:
- Company registration: €5,000 capital
- Business plan
- Local address
- Health insurance
- Criminal background check
Strategic Business Location Slovakia’s position in the heart of Europe creates unique advantages:
- 1-hour drive to Vienna
- Major automotive industry hub
- Growing tech scene in Bratislava
- Strong manufacturing base
- EU single market access
Notable Benefits:
- EU member state
- Central location
- Growing economy
- Good infrastructure
- Affordable living costs
Real Estate Market Property costs vary significantly by region:
- Bratislava: €2,500-3,500/m²
- Košice: €1,500-2,000/m²
- Regional cities: €1,000-1,500/m²
- Rural areas: €500-800/m²
Process Details:
- 90-day processing time
- Two-year initial permit
- Renewable long-term
- Family inclusion possible
- Language skills not required initially
Business Environment Company formation requirements include:
- Registered office address
- Local accountant
- Business activity plan
- Bank account verification
- Trade license registration
Quality of Life Factors Slovakia offers a high standard of living:
- Modern healthcare system
- Excellent public transport
- International schools
- Rich cultural scene
- Easy access to nature
8. Serbia: The Digital Nomad Haven
While Croatia and Greece grab digital nomad headlines, Serbia emerges as Eastern Europe’s rising remote work destination. Its combination of fast internet, low costs, and vibrant cafe culture creates an ideal environment for location-independent professionals.
Basic Requirements:
- Remote work proof
- Income: €2,000 monthly
- Health insurance
- Accommodation proof
- Clean criminal record
Digital Infrastructure Serbia’s tech scene surprises many newcomers:
- Average internet speed: 50-100 Mbps
- Fiber optic coverage in major cities
- Numerous tech hubs and coworking spaces
- 5G rollout in progress
- Advanced mobile networks
Program Advantages:
- 12-month initial visa
- Low cost of living
- Growing tech scene
- Simple application process
- No minimum stay requirement
Cost Breakdown Monthly expenses in Belgrade:
- City center apartment: €400-600
- Utilities: €70-100
- High-speed internet: €20
- Coworking membership: €100
- Dining out: €200-300
Important Details:
- Fast internet infrastructure
- Developing startup ecosystem
- Easy renewal process
- No tax for first year
- Strategic location
Lifestyle Benefits Serbia offers unique advantages:
- Vibrant cafe culture
- 24/7 city lifestyle
- International food scene
- Active expat community
- Regular tech meetups
Working Environment The country caters well to remote workers:
- Numerous coworking spaces
- Strong freelance community
- Regular networking events
- Business support services
- Modern banking options
Healthcare Access Medical care options include:
- Private clinics with English-speaking staff
- International insurance acceptance
- Dental tourism options
- Affordable private care
- Modern medical facilities
The Bottom Line: Choosing Your Best Option
While each country offers unique advantages, your ideal choice depends on specific priorities. Here’s how these emerging European destinations compare:
Best Value for Money:
- Albania – No minimum property investment
- North Macedonia – Lowest income requirement (€400)
- Moldova – Lowest business investment (€10,000)
- Serbia – High quality of life at low costs
Fastest Processing:
- Montenegro – 3-4 weeks
- North Macedonia – 2-4 weeks
- Moldova – Under 30 days
- Albania – 30 days
EU Membership Status:
- Current EU Members:
- Slovakia – Full EU benefits
- Latvia – Schengen access
- EU Candidates:
- Montenegro – Projected 2025
- North Macedonia – In progress
- Albania – In progress
- Serbia – Negotiations ongoing
Living Costs Comparison (Monthly budget for couple):
- Moldova: €800-1,000
- North Macedonia: €800-1,200
- Albania: €700-1,000
- Serbia: €1,000-1,500
- Montenegro: €1,200-1,800
- Slovakia: €1,500-2,000
- Latvia: €1,500-2,000
- Romania: €1,200-1,800
Best For Different Needs:
Digital Nomads:
- Serbia – Tech infrastructure
- Romania – EU access
- Montenegro – Quality of life
Entrepreneurs:
- Slovakia – EU market access
- Latvia – Business environment
- Moldova – Low startup costs
Retirees:
- Albania – Mediterranean lifestyle
- Montenegro – Healthcare options
- North Macedonia – Low living costs
Pro Tips for Success:
- Start gathering documents early – apostilles take time
- Consider tax implications before choosing
- Visit during different seasons before committing
- Join expat groups for recent experiences
- Factor in healthcare quality and costs
- Consider future EU membership prospects
- Research specific city options within each country
Remember: These programs change frequently. Always verify current requirements through official channels or legal professionals before making decisions.
About the Author: Ruben, co-founder of Gamintraveler.com since 2014, is a seasoned traveler from Spain who has explored over 100 countries since 2009. Known for his extensive travel adventures across South America, Europe, the US, Australia, New Zealand, Asia, and Africa, Ruben combines his passion for adventurous yet sustainable living with his love for cycling, highlighted by his remarkable 5-month bicycle journey from Spain to Norway. He currently resides in Spain, where he continues sharing his travel experiences with his partner, Rachel, and their son, Han.