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Vietnam tops the list as the most affordable country for expats. While it has seen a rise in living costs recently, the attractive nature of cities like Hanoi and Ho Chi Minh City continues to draw digital nomads and investors. Nonetheless, gaining permanent residency can be complex, with various visa options available that encourage short-term stays.
2. Colombia
Colombia is recognized for its low base costs of living. Cities like Bogotá and Medellín offer affordable real estate and the potential for residence permits for foreign investors. However, those considering long-term living should be aware of the relatively high tax rates for expatriates.
3. Indonesia