Expats: Four most ‘profitable’ European destinations to relocate to – expert advice | Travel News | Travel

Tallinn, Estonia

According to Ms Hemsley, Tallin is “the definition of up and coming”.

She explained: “Although at face value it looks frozen in the past, Tallinn is actually a thriving tech-hub and is extremely digitally advanced, with the third-most start-ups per person in the whole of Europe.

“The city also has seven ‘unicorns’ which are start-ups with a value over $1 billion (£720,000).”

Furthermore, the cost of living is said to be “really affordable”, which could be key for those looking to move overseas on a budget.

Ms Hemsley said: “According to Expatistan, Tallinn is cheaper to live in than 63 percent of cities in the world. It’s easy to see why when the average monthly cost to rent a one-bedroom flat is just £402 and public transport is free.

“When it comes to buying property, the market in Tallinn has remained remarkably resilient during the COVID-19 pandemic, with prices rising by around 4.9 percent in 2020.

“Nonetheless, average property prices are still affordable at around £1,799 per square metre.”

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