As more workers leave the office and choose to work from home, extortionate rents become increasingly unjustified for many – especially when commuting to the office is no longer necessary and even the cost of living crisis is of little help.
It’s no surprise that people are looking for better value for money in other parts of the country. And now, a recent study has identified the most affordable location for those looking to relocate.
A study conducted by property loan experts Buzz Capital looked at average wages and house prices for 50 cities across England.
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They crowned Carlisle as the cheapest location for those looking to move, with an average house price of £143,958.
However, Bradford came in second at £143,960 with the smallest gap between property costs and average salary (£31,700 a year).
Cheapest UK cities to live in:
3. Stoke on Trent
For those looking to make a complete change of life from home to somewhere a little more exotic, Bali offers an incredible opportunity to relocate, with hopes of attracting 3.6 million overseas visitors annually by 2023.
There will be a new five-year visa for digital nomads to facilitate the entry of foreign remote workers, freelancers or self-employed.
They can “make the most of the island’s numerous co-working spaces, high-speed WiFi and healthy cuisine for much longer periods than previously possible with other Bali visas.”
“In the past, the three S’s were: sun, sea and sand. We shift it to serenity, spirituality and sustainability. This way we get better quality and impact on the local economy,” Indonesia’s Tourism Minister Sandiaga Uno said of the new visa.
Not to mention that it will be completely tax free.
Other countries also offer similar visas Visa Guide Lists as Andorra, Anguilla, Antigua and Barbuda, Aruba, Bahamas, Barbados, Bermuda, Cabo Verde, Cayman Islands, Croatia, Curaçao, Dominica, Dubai, Estonia, Georgia, Germany, Iceland, Malta, Mauritius, Mexico, Montserrat, Norway, Seychelles , Spain, Taiwan and the Czech Republic.
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