Portugal #1 Place to Retire in the World!

Each year ‘Live and Invest Overseas’ produces its guide to the World’s Best Places To Retire. 

They compile information to help make informed recommendations on where to relax, recharge and re-invent yourself during retirement. The 2021 Overseas Retirement Index claims to be the most comprehensive, well-researched, data-heavy resource available and yet again, Portugal has been ranked number 1!

They chose 14 countries suitable for a happy retirement and ranked them in this order:

Portugal, Mexico, Ecuador, Panama, Belize, Hungary, France, Malta, Greece, Colombia, Italy, Thailand, Indonesia and finally, Vietnam.So why did Portugal score so highly? Well, that’s easy to see!

Portugal is the third safest country in the world, according to the Global Peace Index.

It has the second-highest density of Blue Flag-awarded beaches in the world.

It offers a fast-track method to residency through the Portuguese Golden Visa, which has recently been extended until January 1st 2022.

It has a low cost of living compared to many other countries, especially in Europe.

There are tax incentives for foreign residents. Portugal's 'non-habitual residents' (NHR) scheme gives special tax benefits to new residents for their first ten years in the country and includes a flat 10% tax on foreign pension income and withdrawals, including lump sums. 

Not to mention of course great food, more sunshine than anywhere else in Europe, some of the best beaches and golf to be found, excellent infrastructure and a large English-speaking population. Access is easy and cheap to the United States and the rest of Europe.

So if you are considering your retirement options, please contact our experienced and knowledgeable team of Property Advisors who will be happy to assist you: info@portugalproperty.com or call us on +351 308 800 878 or 0800 014 8201 free from the UK.

Published in: Site news / Property for Sale in Portugal / Portuguese Life / Portugal Property / News and Updates / Guide to Portugal