Central and Eastern Europe: Why is it one of the Best Places to Live in the World? Book a consultation call: https://calendly.com/traveleconomics/60min Contact me: https://checkinprice.com/contact/ Check our other videos: https://www.youtube.com/channel/UCINdDQXISgr7KtvmhWJqOBA/videos Music: https://bit.ly/3v6GIfA We are going to talk about one of the best and most underrated regions in the world: Central and Eastern Europe. 00:00 Intro 01:24 Safety 02:18 Cost of living 03:02 Variety 03:45 Taxes 04:30 Residence Permits 05:52 Climate 06:49 Traveling around 07:30 English speakers Safety One of the best advantages of Central and Europe is its safety, which is prevalent in almost all countries in the region, including large cities. Most large cities in Central and Eastern Europe are safer than large cities in Western Europe, and definitely much safer than most large cities in North America. As a matter of fact, some of the safest cities in the world are in Central and Eastern Europe. Examples like Zagreb and Ljubljana are just perfect. You can walk anytime of the day or the night, in almost all areas of the city, without any problems. Cost of Living Cost of living is another huge important advantage in Central and Eastern Europe. This includes everything from real estate(renting and buying) to services to groceries to access to private health care, everything is cheaper in Central and Eastern Europe. Of course, even within the region as I said prices vary greatly. Variety Another huge advantage of Central and Eastern Europe is that you get a lot of variety. Some people have the false assumption that all of Central and Eastern Europe are made up of gray and dull cities with communist block buildings. That is absolutely not the case. From beautiful towns with Gothic and Baroque architecture like Cesky Krumlov in the Czech Republic, to modern cities with a lot of tech start ups like Tallinn in Estonia, you have something for every taste in Central and Eastern Europe. Taxes Taxes are the next advantage we will discuss regarding Central and Eastern Europe. While this varies greatly from country to country, many states in Central and Eastern Europe have lower income tax rates, both at the corporate and at the individual level. Some countries in Central and Eastern Europe with attractive tax rates are Bosnia and Herzegovina, Montenegro, Bulgaria, Georgia and Albania. Czech Republic and Hungary can also be an interesting option depending on your company structure. Residence Permits The next huge advantage of central and eastern europe are residence permits. It is incomparably easier to get a residence permit in Central and Eastern Europe than it is in most countries in Western Europe, the US, Canada, Australia, Japan and South Korea. Just for the fact that there are many countries in Central and Eastern Europe and each one of them has its own immigration laws, mathematically this would mean that there are many more options in Central and Eastern Europe than in the US or Canada, which are just two countries ( although Canada has some different regulations depending on the province but anyway). One of the best ways is by opening a company, which is available in many countries such as Slovakia, Estonia, Serbia, Romania. It is also possible to get a residence permit by being a freelancer in countries like the Czech Republic or Albania. Other countries will give you a residence permit if you buy property there, like Montenegro, Serbia, or Bosnia Herzegovina. Climate Now let’s talk about the climate, which is not particularly an advantage of Central and Eastern Europe, but there are misconceptions here. Many people think that Central Eastern Europe means snow and darkness for six months a year and while that is the case in many parts of the region, it doesn’t apply to all of it. If you are not a fan of cold weather the Southern part of Central and Eastern europe will definitely be more appealing. You can move to the coast of Albania, where you will almost never see any snow. Other places with a pretty mild year round climate are the coast of Croatia and the coast of Bulgaria. Easy to Travel to Another advantage of Central and Eastern Europe is that it is easy to travel around it. Apart from Russia which is just huge and a good chunk of its territory is in Asia, the rest of Central and Eastern Europe is a relatively small geographic area. The other advantage here is that the transport infrastructure is usually pretty good in the region, especially if you like traveling by train. Prevalence of English Speakers The last important advantage is the prevalence of English Speakers in the region as a second language. The reason behind that is basically divided in two factors: most of the countries in the region are relatively small, and their own language is usually spoken either in that small country, or in that small country as slightly as in other regions of nearby countries.

• published: 28 Aug 2021
• views: 4404