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...
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...
An Expat’s Retirement – Double The Challenge
Retirement is like a bereavement. Overnight you lose your title, identity, network of colleagues and sense of purpose. Like a bereavement, many go through a stark emotional time. Add leaving a country into the mix, and an expat’s retirement can involve a more challenging time than most. Written exclusively for Expat...
UK Inheritance Tax And Domicile – What You Need To Know Today
UK inheritance tax follows you around the world since it’s based on domicile, not residence. You could live abroad long term and still be liable for this legacy tax. Here, Blevins Franks look at key facts about UK inheritance tax and domicile and how it could affect your intended heirs. Written...
Top Tips For Managing Currency Risks When Retiring Abroad
Retiring to a life overseas, comes with many important considerations, not least of all how to manage the exchange and international transfer of your money, be it accumulated savings or ongoing income. Written exclusively for Expat Network by Tom Arnold of Currency Index There are various options open to you in terms of the...
13 Inspirational Destinations To Visit When You Retire
For many people, travel is more than a favourite hobby. It’s a yearning to want to go and see amazing new places, understand different cultures and maybe even learn a new language. Unfortunately, family commitments, career aspirations and mortgage obligations often get in the way. Life happens and that trip of a lifetime to...
How Will Your UK Pension Be Taxed If You Move To Europe?
Many Britons have been putting their retirement plans to sunny southern Europe on hold for two or more years while the UK extracts itself from the EU. Covid lockdowns mean the opportunities to sell a UK home and buy a property in Europe have been limited. The ending of travel restrictions will release pent-up...
Tips For Those That Want To Retire Abroad
Retiring might sound like an amazing idea as you go to work every day. Yet, once the reality kicks in, you may wonder how to keep busy during retirement. One answer to enhancing this golden period of your life could be to move abroad and live a life in the sun. How easy it...
Cost Of Living While Retiring Abroad
A lower cost of living is one of the factors when people consider retiring abroad. There are many countries where the cost of living is lower than in the UK, but the decision is always about having a lower cost to live the life that you want to live rather than finding the cheapest place...
Top Ten Tips To Settle Into Retirement Abroad
Settling in to living abroad can be a challenge at any time, but if you are also getting used to retirement after a long and active career, it can be even more difficult to achieve. Knowing what to expect can help to manage the transition and here we give our top ten tips to settling...
Looking To Transfer Your Expat Pension?
Expats generally have the right to transfer their pension abroad into a qualifying scheme. For some, the benefits of doing so are manifold. However, there are risks, and it’s fair to say that you need to tread very carefully when considering all your options, as a significant tax charge can apply in certain circumstances. Written...