Why choose northern Portugal for retirement?
Portugal is often considered one of the best countries in the world to retire. This "golden age" is the perfect time to enjoy a quiet and peaceful life. What better way to go than to go to a country where it is good to live in retirement.
Besides the charming city of Porto, which has a large expatriate community, the north of Portugal has many adapted expatriate and pensioner cities. With its beautiful countryside and vineyards, this region located between mountains and seas is a very affordable option for retirees who seek to live in a region that is both attractive and relaxing.
The advantages of Northern Portugal for your retirement
Are you looking for a place to retire? Portugal is an ideal destination for retirees. With its mild climate, beautiful beaches, and vibrant culture, Portugal is a great place to spend your golden years.
The cost of living in Portugal is relatively low compared to other European countries. This makes it an attractive option for retirees who want to stretch their retirement savings. Portugal also offers a variety of tax benefits for retirees, including a flat tax rate of 20% on pension income.
Portugal is a safe and welcoming country. The Portuguese people are known for their hospitality and friendly attitude towards foreigners. The country also has a strong healthcare system, with both public and private options available.
The country is full of natural beauty, with stunning beaches, rolling hills, and lush forests. There are plenty of activities to keep you busy, from hiking and biking to exploring the country’s many historical sites.
Retiring in Portugal is a great way to enjoy your golden years. With its low cost of living, tax benefits, and beautiful scenery, Portugal is an ideal destination for retirees.
Looking for an apartment a house to rent or buy to settle down and enjoy your retirement?
Steps needed to retire in Portugal
Although you do not need to apply for a visa to travel to Portugal, you must follow certain administrative procedures if you want to stay long.
Therefore, after living in Portugal for three months, you must apply to the town hall for an extension of the authorization for another three months.
To retire in Portugal, you need a residence permit and a tax identification number (NIF). You also need a residence permit issued by the municipality where you live.
These documents will allow you to live in Portugal quite normally for another five years. At the end of these five years, you can apply for permanent resident status and enjoy your retirement in peace.