Are you tempted by a European lifestyle?

Summer holidays are often an opportunity to take stock and think, maybe even dream a little. What do you want from life? What’s your next step? A holiday also provides insights into different ways of life in other places. It can open your eyes to locations and cultures that offer a lifestyle that you’d like to lead.

The European Lifestyle Report 2024

To understand the key drivers behind relocating, The Knight Frank Research Team has taken a deep dive into what’s driving prime housing demand amongst wealthy expats in Europe. The European Lifestyle Report 2024 provides fascinating insights into property trends, lifestyle, tax and policy shifts. By gathering the perspectives of over 700 high net worth individuals (HNWIs) from 11 different countries, this report offers a unique glimpse into their motivations, preferences and attitudes.

“Geopolitical tensions and policy changes are driving HNWIs to relocate to more favourable jurisdictions,” reveals Kate Everett-Allen, Head of European Residential Research at Knight Frank. “Changes in market conditions, tax incentives, visa options, and lifestyle improvements can also drive relocation decisions among the wealthy,” she adds.

People are prioritising security and privacy, and looking for locations to ensure this. Increasingly, global mobility is a possibility. Factors including remote working and the ability to apply for alternative passports and/or citizenship, make the option of living in another country a real option.

Our experts choose their favourite European locations

With their own market off-limits, our property experts from the International residential team have selected their preferred European destination to relocate to. So, if you have a hankering for a more cosmopolitan or provincial lifestyle, these exquisite properties offer delectable slices of European life.

Mallorca

There’s a lot to love about Mallorca. Our expert, Laetitia Hodson from the International Team, says, “The island boasts year-round mild weather, exquisite cuisine, stunning beaches and vibrant communities.” She adds, “The island’s accessibility from various European locations adds to its allure.”