Retirement - Expat Network

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Moving to Portugal – Retirement

So, you are moving to Portugal!

So you are moving to Portugal! Make the transition work better with this free-to-download, full-colour guide. Your Guide To Living In Portugal provides you with guidance on the issues you will need to address as you plan your move, whether that is to retire, buy a second property or simply enjoy a whole new life.

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Retiring Abroad, Some Insurance Advice

The freedom to retire means no longer having to work every day and having the ability to travel at leisure. It also means you can sell your house and spend your senior years living in a foreign country, taking in new experiences and meeting new people; but as romantic as retiring abroad sounds, there are insurance considerations that…

How UK Pensions Are Taxed In Portugal

If you’re retiring to Portugal, how will your UK pensions be taxed there? Other than government service pensions, your pension income will be liable for Portuguese tax, with the treatment varying according to the type of pension. Understanding the rules helps you plan ahead, avoid unwelcome surprises, and take the opportunity to establish the most…

A New Horizon – The Upside Of Downsizing For Retirement Overseas

As the UK’s baby boomers enjoy their retirement and Generation X begin to follow them, a significant shift is occurring in the housing market. Empty nesters are choosing to downsize and relocate abroad, seeking sunnier climates and a cheaper lifestyle. This trend is not just financial savvy; it’s a move towards a new chapter of…

Retiring In Portugal: A Guide For Expats

Portugal is becoming a more and more well-liked retirement destination because of its gorgeous coastline, pleasant climate, and rich cultural legacy. Retiring in Portugal offers a laid-back lifestyle and lots of options to spend your senior years, whether your dreams include sipping wine by the Atlantic or touring historic villages. We’ll go over all you…

Can Brits Still Afford To Move Or Retire To The Sun?

Now the UK has left the EU, work permits in Spain are more difficult to obtain and if you plan to retire to Spain you have to get a visa and demonstrate that you can financially support yourself. These more onerous requirements have ended the dreams of those who had planned to move or retire…

Portugal Retirement: An Affordable European Life

Known for its sunny beaches, food and wine, and relatively affordable cost of living, Portugal is a popular European destination. Recently named the top place to retire by International Living. It’s easy to see why people are relocating to retire in Portugal. The country has a warm, Mediterranean climate and sees an average of 300 days…

Financial Planning When Retiring Abroad

When retiring to Europe what are the options for funding the move, how do you arrange to receive your state pension and transfer your private pension(s) while abroad. What are the financial issues that need to be considered before you make the move? Jason Porter of Blevins Franks takes you through the key financial issues…

Britons Willing To Overcome Brexit Barriers And Retire Abroad Again

New research from overseas property consultants highlights that Brits are coming to terms with post-Brexit restrictions, applying for visas and retiring to favourite European destinations in ever greater numbers. Your Overseas Home have released new data which shows a return to pre-Brexit levels of interest in retiring to Mediterranean and southern European hotspots. After ‘freedom of…

Portugal’s Non-Habitual Residence Scheme To End

Portugal’s Prime Minister, Antonio Costa, has announced that the Non-Habitual Residence Scheme will end at the end of 2023. The scheme which gave non-EU residents in Portugal tax advantages has been ended by the socialist government due to its impact in driving up house prices following public protests about high house prices. The Non-Habitual Residence…

The Top 10 Countries Brits Want To Spend Their Retirement In

New research has revealed the top 10 countries Brits want to spend their retirement in, with Spain placing first. Equity release specialists at Retirement Solutions analysed the average monthly Google search volume for different terms relating to retiring abroad. They wanted to determine the countries that Brits are most seeking to move to, upon retirement. Rank …