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Residents of Washington, D.C., and high-income, coastal states show the strongest interest in moving abroad, according to a 2025 analysis of Google search data. The study, which measured search volume for terms like "golden visa," reveals that wealth, political climate, and the ability to work remotely are key drivers. The median home price in these top-ranking locations is significantly above the national average, suggesting that home equity is a major factor funding these international ambitions. Portugal emerges as the most sought-after destination, though interest in countries like Argentina and Thailand is rising rapidly.
A golden visa is a residence permit issued to individuals who invest a significant amount of money in a country's economy, often through real estate. This study, conducted by Argentina Expat, found that searches for such programs have skyrocketed among Americans. Ognjen Pavlovic, founder of Argentina Expat, notes a significant shift: "Up until a few years ago, the main customers for these programs were Russians, Chinese, Arabs, rich Africans. But there has been more and more interest from wealthy Americans."
The motivation is twofold. Divisive politics is a factor, but the high cost of living in the U.S. is a critical driver. According to the Federal Reserve's 2023 consumer expenditure survey, the average retired American household spends around $5,000 monthly. In contrast, the average Social Security check was just $2,005.05 as of June 2025. For many, especially retirees, the prospect of more affordable healthcare and a lower cost of living makes relocation financially attractive.
The study normalized search data on a 0-100 scale to account for population differences. The top ten states (including D.C.) whose residents showed the most interest are all characterized by high median incomes and home values well above the national median of $439,450 (as of July 2025).
| State/Jurisdiction | Index Score | Median Home List Price |
|---|---|---|
| Washington, D.C. | 100 | $597,999 |
| Washington | 51 | $659,475 |
| California | 45 | $750,000 |
| Colorado | 43 | $599,000 |
| Massachusetts | 42 | $797,000 |
| Vermont | 41 | $525,000 |
| Virginia | 40 | $461,973 |
| Maryland | 40 | $450,000 |
| New York | 38 | $671,500 |
| Oregon | 38 | $577,000 |
The report concludes, "The top of the list is dominated by coastal, high-income states, suggesting a strong link between wealth, political affiliation, and the desire for an international option." Residents in these areas are often employed in fields like tech and finance, which are more conducive to remote work or have international connections.
Portugal was the clear destination winner, dominating searches in all but four states. "Portugal's popularity has been fueled by its relatively straightforward path to European Union residency and its appeal to American expats," the study states. However, preferences are diversifying.
Searches for Argentina increased by 110% and Thailand by 80%, indicating Americans are expanding their horizons. Pavlovic explains, "Americans tend to prefer Europe," but that is changing as costs there rise. The study notes that a typical investment threshold for a golden visa is around $250,000, an amount easily covered by the equity from a home sale in many top-ranking states.
The states with residents least interested in moving abroad are Kentucky, Montana, Mississippi, South Dakota, and North Dakota. With median household incomes and home list prices generally below the national average, the populace in these states is less likely to have the liquid assets or high home equity required to fund an investment visa. This economic reality underscores the strong connection between financial means and the pursuit of international relocation.
Based on our experience assessment, the data reveals clear patterns for Americans considering a move overseas. Financial readiness is the most significant factor. If you own a home in a high-value market, its sale could fund a golden visa and provide a substantial nest egg. Furthermore, your professional field may influence your flexibility; those in global or remote-friendly industries have more options.
It is crucial to research specific country requirements, as programs like Portugal's have become more competitive. Always consult with immigration and financial professionals before making any commitments. The decision to relocate is complex, but for residents of certain U.S. states, the search for an international lifestyle is increasingly active.
