More Middle-Income Americans Are Trying to Make a New Life Overseas

Financial advisers say they have seen a surge in interest in residency abroad among clients looking to cut costs or change lifestyle.

Property in Malaysia is generally affordable, some financial professionals say. Here, the Bukit Bintang shopping district in Kuala Lumpur. HUSSAIN HASNOOR/REUTERS

Amid rising costs and increased workplace flexibility, more middle-income Americans are exploring living options that were once seen as the exclusive domain of the ultrawealthy: residency abroad.

These aren’t the high-cost “golden passports” of Malta or Caribbean nations such as St. Kitts and Nevis or Antigua and Barbuda, financial advisers say. They are long-term residency permits designed for ordinary professionals and others who want to stretch their dollars, lower their taxes or simply live better overseas.

Source: Wall Street Journal

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Updated: Boston Real Estate Blog 2025