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5 Reasons This Country Might Be The Best for You | Retire in Romania - Pros, Cons, & Cost of Living

Thinking about how to retire in Romania, the CHEAPEST country in the European Union? Today we’ll explore why moving to Romania could be a good choice for those thinking about retirement in Europe, especially Americans. From the cost of living to the best places to live in Romania (NOT including Bucharest, but rather cities like Brasov, Oradea, and Iasi), we’ll break down everything you need to know. You will learn the pros and cons of living in Romania and why so many expats are making this beautiful country their new home! Win for free the Ebook "Moving Abroad: What I Wish I Knew Before Sitting on a Plane" by subscribing to our list here: https://bit.ly/win-ebook 💡Subscribe to ‪@the_expat‬ , we upload new episodes every week! Video based on this article: For traveling, I recommend these 3 providers that I personally use: ⚕️Travel insurance: Ekta https://ektatraveling.tp.st/8C2dGJXE ✈️Airline, hotels, and train tickets: CheapOair https://cheapoair.tp.st/QYxto0v2 📸Tours, museum tickets, and fantastic attractions: Viator https://viator.tp.st/Gqsg96gg 🧳 Luggage storage all over the world(never walk with your luggage around!): Radical Storage https://radicalstorage.tp.st/DCGYzdBe Subscribe to our channel (it is free)! Planning to move abroad? Read one of these 3 📚books BEFORE: 📚 1 - https://amzn.to/3UkgWUn 📚 2 - https://amzn.to/3U6gacp 📚 3 - https://amzn.to/441oWwJ ➡️X: https://x.com/an_expatriate 📚Best-selling books about living and traveling abroad @ Amazon https://www.amazon.com/Levi-Borba/e/B... ➡️Podcast "The Expatriate": https://www.spreaker.com/podcast/the-... 🚨 QUESTION - Which country or city you would like us to talk about? 🔴 ** ABOUT THE CHANNEL ** From ten years living as an expatriate in the Middle East, South America, and Eastern Europe, to facts from reliable sources. Straightforward, no-nonsense guides for every expat. Some of the links posted and mentioned may be affiliate links, meaning that the author will have a commission for any transaction. 💡 TOPICS IN THIS VIDEO 💡 american moving to Romania, best places to live in Romania, Brasov, cost of living in Romania, iasi romania, live in Romania, moving to Romania, Oradea romania, pros and cons of living in Romania, reasons to move to Romania, retire in Romania, retire to Romania, retiring in Romania, why move to Romania 🔎 EXCERPT 🔎 Why Romania might be the best country for you. I will also show you the not-so-good part, the cons, of moving to retire in Romania And by the end of this video, you will discover 3 cities where you can live a good life spending for an entire year, what you would spend in 3 months in the US. Let’s begin with the pros of living and retiring in Romania. The first one is their remarkable improvement in quality of life and economic conditions In 1995, Romania was one of the poorest countries in Europe With a per capita income of just $1,650 a year, it was far poorer than Serbia or Bulgaria. Less than 30 years later, in 2022, their income skyrocketed almost 10 times, to nearly 16,000 dollars per year, leaving both Serbia and Bulgaria far behind! But the income per capita was not the only thing that improved in Romania Healthcare has improved, Infant mortality was reduced to levels similar to the United States Unemployment is quite low and life in general is much better, to the point that alcohol consumption is quickly declining- although it might still be considered high. Nowadays, western Romanians have a quality of life similar to Hungarians or Croatians. They are no longer the poor country that was forgotten in the past, but a modern, growing economy. A peculiar fact that translates to how fast Romania is developing is its impressive internet infrastructure. They have one of the fastest internet speeds in the world, and all that thanks to the post-communist reforms that opened the market to internet providers and stimulated competition It is quite the opposite of what happened in Greece, which favored monopolies, and surprise surprise - has very bad internet speed. And since we are talking about reforms that allowed private investment in certain sectors, this is directly related to our next pro. Private Healthcare in Romania is good and very, very affordable.