countries with retirement visa programs
Programs like the Portugal D7 Passive Income Visa and Spains Non-Lucrative Visa have minimum residency requirements. So whether you are a remote worker, a digital nomad or just semi-retired, you can apply, provided that you have sufficient passively sourced income, adequate savings, or a combination of the two. Especially if youre looking at settling in a smaller town or in the countryside, you can enjoy a high quality of life at a relatively low cost, and experience little restrictions, if any, in the event of future pandemic lockdowns. And this is absolutely fine for these people. Contributors control their own work and posted freely to our site. But generally speaking, it offers one of the best living standards in Latin America, coupled with modern infrastructure and good public healthcare. This kind of back-pocket residency permit forms an essential part of a robust Plan B for many people, as it creates optionality. (required). And if youre earning dollars in your retirement, you can look forward to enjoying the finer things in life for substantially less. Sign up below for advice from other Expats, opportunities, and professional advice. And you can complete 95% of the application process without leaving your home. Just to make sure you have all the necessary documentation, the complete requirements are as follows: Note: these are calculated using exchange rates in Q4 2022 and are subject to change. The full discounts list, which includes savings on hotel stays, theater performances, and even airline tickets, is available here. You can certainly travel to Panama on a tourist visa and later change your status in Panama. citizenship or resident status on non-E.U. Since ending such programs could have serious economic impacts on the countries involved, E.U. It must also be noted that the Elective Residence program is not suitable as a paper residency in order to keep your residency status renewable, you wont be allowed to leave Italy for any period longer than six uninterrupted months. The Spanish Non-Lucrative Visa Program offers an easy path to residency and, potentially, eventual Spanish citizenship and its the perfect residency option for pensioners. They may ask you to provide: Some programs are only open to citizens of approved countries. We only work with immigration law firms that: Thats why Where Can I Live has a TrustPilot ranking more than 30% above the average immigration attorney. Retirement visa fees change from country to country: Your retirement visa can be issued between one to five yearsdepending on your destination country. Others dont have a minimum, and anyone can apply. (And some consulates do not even require you to be retired at all.). (Its also one of the safest countries in Europe.). residency should only be awarded to people who are investing in the real economy and who can be trusted to be legitimate investors without criminal backgrounds.. Coming from behind with a relatively new program, Nicaragua beats out all the competition with the most affordable minimum monthly income requirement by far. You are not from an eligible country for a retirement visa. But opting out of some of these cookies may have an effect on your browsing experience. These are all similar but vary in the If you are from a MERCOSUR country, you pay USD $300, and non-MERCOSUR countries pay USD $600. But thats the bare minimum. All applications must be submitted in Panama, and through a Panamanian lawyer. Thai Elite Visa: Pay anywhere from $15,000 to just over $60,000 for It is important to note that your income has to be passively earned a pension or rental income from a property you own will work. Still, the overall goal is to bring in foreign dollars, so government officials hope youll spend accordingly. In many cases applying for permanent residency makes sense. And the countries above may have different visa and residency options that may be better suited. Panama is still an excellent option for Americans, both as an escape hatch and retirement destination and not just based on its close proximity to the US. You should check with your immigration lawyer to ensure you can apply. The only catch is that its not well suited as a back-up plan, as youre expected to spend around six months per year living there. Retirees also have a shortcut to permanent residency in Mexico. The good news is that there are many options for people planning to retire abroad. Path 3: The Panama Residency By Investment Program. For those seeking to apply on the basis of savings, the program requires a deposit of at least 48,000+ (~$57,637+, calculated as 2,000 x 24 months) into an account with a Greek national bank. Where Can I Live Ltd. This means that any pensions, rental income, and other transferable investments will stay at a seven-percent tax rate for up to 10 years. By subscribing to our newsletter(s) you agree to our User Agreement and Privacy Policy & Cookie Statement. Alastair has lived in South Africa, the United Kingdom, Australia, and Spain. Bulgaria, France, Greece, Ireland, Italy, Portugal, Spain, Belize, Costa Rica, Mexico, Nicaragua, Panama, Argentina, Brazil, Chile, Colombia, Ecuador, Uruguay, Indonesia, Malaysia, Thailand, The Philippines. Though again, this pensionado visa wont work as a paper residency; you have to spend 122+ days per year living in Costa Rica in order to keep your residency renewable. (More on this below). There are also an estimated 20,000 to 30,000 American expats currently living in Panamano surprise, since the Panama Pensionado (or Panama Retirement) visa, started in 1987, is one of the best for attracting foreign nationals. For instance, retirees with knowledge of English literature can lecture at a university, or an expat professor with specialized skills can work up to 20 hours a week. Along with its volcanoes, freshwater lakes, and rainforests brimming with wildlife, Nicaragua lures foreign retirees with a bevy of financial incentives. You can combine any kind of income, including your rental income, pension, social security payments, dividends, and even your location-independent income coming from your online business or freelance activities. WC2H 9JQ, 2021 All Rights Reserved | Privacy & Terms. The world is full of incredible opportunities, and at Sovereign Research, it is our mission to help you uncover them even into your golden years. An additional 400+ (~$480+) per month is required for your spouse, while an additional 300+ ( ~$360+) per month is required per dependent minor child. As golden passport and visa programs around the world undergo strict scrutiny and the European Union prepares to issue harsher controls, Malta and Portugal have secured top spots in the annual indexes published by Henley and Partners (H&P) ranking the worlds most attractive Investment Migration Programs. Once granted their new status of residency or citizenship, the beneficiaries of the schemes immediately start enjoying freedom of movement within the Schengen area. Looking to retire abroad in 2023? Heres the validity period of retirement visa in different countries: Yes, you are eligible for permanent residency with a retirement visa. The immigration service may require sign-off from an accountant. Property prices in Ecuador are exceptionally low compared to countries like the US, enabling many retirees to own both a primary home in the city and a beach or country home elsewhere in the country. These cookies will be stored in your browser only with your consent. Having official residency can be highly beneficial especially if youre a US taxpayer, since itll be much easier to prove that youre a bona fide resident of a foreign country and claim your Foreign Earned Income Exclusion. The official financial requirements are quite low, and tied to the Portuguese minimum wage (which, in 2021, is 665 (~$798) per month). For those looking to build a home, retirees can also purchase up to $50,000 of construction materials tax-free. Why? For a family of four, around $5,000 per month should be sufficient. It is also not surprising that the client fees associated with these can range from 30,000+. The Italian Elective Residence Visa Program competes with the likes of the Portuguese D7 Visa, the Spanish Non-Lucrative Visa and Greeces Financially Independent Person (FIP) Visa (all discussed in more detail in the respective sections of this article). One or five years (10 years for nationals of specific countries). Looking to spend your golden years in a sundrenched beach location or scenic highland town? According to the Social Security Administration, US overseas retirement grew by 40% from 2007 to 2017. Offer a no-obligation intial consultation to see if they can help you. This is a temporary residency visa targeted at financially self-sufficient retirees. Whether youre looking for that late-night city vibrance or a peaceful winelands existence, this beautiful and diverse South American country can deliver. Then, your application will be processed for some time until a decision is made. However, our Argentina Immigration Law partner confirms that certain nationals have a more challenges than others. WebThe Dominican Republic Retirement Visa program offers foreigners over 65 the opportunity to retire in the country with access to unique benefits. Setting up a Panamanian corporation is fast, affordable and easy. Showing $1,500 per month in income is usually enough. After holding temporary residency for four years, you can upgrade to permanent residency. (Two years is how long your initial and subsequent residency permits are valid for. Do state pensions, private pensions, annuities, royalties, social security, or investment income qualify? In order to qualify for this visa, youll have to provide proof of having a monthly income of US$2,500 per family for 2 years, OR US$60,000 deposited in a Costa Rican bank. Before going abroad, check visa and residency requirements, Sadly however, this program became a lot more expensive and restrictive as of August 2021. MM2H visa holders ages 50 and older can still work part time, as long as the work youre doing isnt taking employment from a Malaysian national. Friendly Nations retirees enjoy a host of benefits in Panama, including discounts on public transport, airfares, dining out in restaurants, fast food, medicines, certain medical services, services such as plumbers and electricians as well as water and electricity bills. With its economic stability, well-developed public How many years of income do you need to show? applicants deriving stable income from the rental of movable or immovable assets. In many countries, the government wont tax your foreign income at all. Discover ten of the most popular retirement visas, passive income visas and similar pensioner visa programs in the world below. Details and assistance with more programs are available. But if youre looking for a paper residency as a back-up plan, Panama is well worth considering. Your passport pictures must be recent and the size required by the embassy/consulate. Many people hold the view that Mexico is stereotypically dangerous. If, though, you're interested in full-time retirement somewhere beautiful, affordable, welcoming, and adventure-filled, here are seven countries where full-time retiree residency is not only possible but easy and, in some cases, full of perks. Some programs have a minimum eligible age ranging from 35 to 65 years old. You accept our Privacy Policy and Website Usage PolicyYou consent to us sharing the content of this message and your details with our program suppliers, where relevant, to assist you. It takes a few months to process your retirement visa application. Take Back Control Of Your Retirement Savings Today. Its one of the most user-friendly retirement visa programs in the world, and it provides certain The warm climate, low cost of living, and high quality of life and national healthcare make Portugal a popular destination for retirees. In addition to having significantly higher passive income requirements than its Iberian competitors (Spain and Portugal), it is also harder to apply for without the assistance of a professional service provider. With tax brackets in the U.S. typically ranging from 10 to 37 percent, its a steal. After five years you can then renew your residency (as long as youre still invested in local property), and you can apply for citizenship after seven. You can renew the visa every two years, as long as you spend at least two weeks in the country during that time span. Retirement visa . In this case, any expats who invest in a Portugal property of $422,705 or more (on January 1, 2022, the sum increases to $603,865 or more) will receive a two-year residency permit for themselves and their immediate family. Your local Portuguese consulate where youll submit your residency application can advise you about what minimum sum theyd realistically like to see. Previously, the government also allowed you to also show a lump sum in your bank account six figures or more and qualify this way. Citizens of EU countries, Iceland, Lichtenstein, Norway, and Switzerland are given permanent residency automatically after five years. The Philippine Retirement Authority (PRA) offers several distinct retirement options in an effort to attract foreign nationals. This pushes the visa firmly into retirement visa territory. lawmakers are proposing a gradual phaseout of golden passport schemes and tight rules for residence arrangements, including much more rigorous checks on applicants, reports Reuters. Here are some countries that issue retirement visas: You can apply for a retirement visa if you meet the following criteria: Make sure you provide the following documents for your retirement visa application: Heres how to apply for a retirement visa: You must find the correct visa center in your country where you can apply for a retirement visa, such as an embassy or a consulate. Dont let the stock market hold your retirement savings hostage discover two powerful tools to help you take back control and invest in REAL assets in 2022! E.U. No minimum stay enforced presently, but 6 months+ per year could be required. You will need to spend at least six months per year in Spain to keep your residency renewable. Looking forward to adding more red meat and Malbec to your retirement diet? These all require at least evidence of adequate funds, a health check, and a police check that Small towns in countries like France, Spain, and Italy, for example, sell off fixer-upper homes for one euro to attract foreign investments; other places are more directly trying to tempt retirees and pensioners looking to relocate, with visas that promise tax cuts, and steep-discount programs that make U.S. dollars go a long way. For people seeking to relocate and settle in Europe on a long-term (6 months per year+) or full-time basis, there exists a variety of alternative visa options worthy of exploration and theyre, MINIMUM PASSIVE INCOME / SAVINGS REQUIREMENTS (2021), GREEK FINANCIALLY INDEPENDENT PERSON VISA, You accept our Privacy Policy and Website Usage Policy. Whether you choose to settle on Santorini, Corfu, Crete or Lefkada all highly popular among expat retirees youll get to enjoy amazing weather and acclaimed cuisine in one of the prettiest countries in Europe. 2023 BuzzFeed, Inc. All rights reserved. This is not to suggest that Panama is all rainbows and buttercups; on the contrary the country has its own unique challenges, as does practically every other country listed here. For example, for Indoenisas retirement visa, you cannot apply on your own you must contact a travel agency to apply on your behalf. Complete guide to the worldwide retirement visas, the general requirements, the standard application process, and FAQs. In addition to the above passive requirements, youll also have to demonstrate that you have accommodation in Italy, pre-paid for 12 months, along with comprehensive medical insurance cover. justice and home affairs systems and vetting procedures in third countries. Most of our readers take this route to obtain Chilean residency. This years edition was further expanded and now includes analysis and comparison of 40 programs, the highest number to date. Check out our article onPassive Income Visasfor more details on some of these programs. Otherwise, Portugal is the most affordable and fastest route to However, there is an alternative: the retirement visa in Vietnam by investment. Italy the art of slow living 5. Fortunately, there is a far more affordable way to immigrate to the EU. Tips and tricks from our travel experts along with the latest news from airlines, hotels, loyalty programs, and more, delivered to your inbox weekly, Inside the 5 Most Expensive Hotel Rooms in Europe, This Is India's Most RomanticAnd PriciestWedding Destination, Where to Stay in and Around Zion National Park, 5 Trending Destination Wedding Locales to Book Before Everyone Else, Marriott Bonvoys 100,000-Point Welcome Offer Means Up to 13 Free Nights at a Hotel, Hilton American Express Cards Have Welcome Offers Up to 165,000 Points. Reuters reports that the golden passport industry is currently almost entirely unregulated in the E.U., despite many countries having run these schemes for years., Companies developing and promoting these programmes, such as Henley & Partners, would face strict requirements, it continues. For both the rentista and pensionado visas, the application process can take between eight and 14 months, with renewals required after two years, then after three years, and then at five-year intervals thereafter. However, Costa Rica is not a good choice for second residency if you only want to show up for a day a year in order to maintain your residency. Simply complete the form on our program page if youd like to speak with a Spanish immigration professional. In exchange for this peace of mind, they are typically happy to buy a home in an overheated property market, paying a significant premium on what the property should be worth with a view to obtain the Golden Visa. Costa Rican Temporary Residency Visas (Pensionado and Rentista), 5. However, some countries may have higher tax rates than you are used to. Portugal Golden Visa: Real estate option 2 (350,000) #7. A commitment to employ local citizens in Indonesia, the requirement is for at least two employees (domestic help, nursing staff, driver, gardener, etc.). While the D7 program is well suited for foreign retirees wanting to spend their golden years or a large chunk thereof in Portugal, the program is open to ANYONE who can meet the program requirements. Your Name (required), Your Passport - Issuing Country (required), Your Spouse's Passport - Issuing Country (required), How much is your recurring income per month (specify /$/ - required), What is the source of your recurring income? Here's a snapshot of what you need to be eligible for the Qualified Retirement Program: You must be 45 or older. You must have a monthly income of at least $2,000 or annual income of at least $24,000 and deposit this amount in a Belize bank. You must pass a security check. You must stay in the country for 30 consecutive days per year. Understanding the various visa options available to you is an important part of making your ultimate where-to-retire-overseas decision. If hes not researching the latest visa, immigration, and residency opportunities, hes either hiking or scuba diving. Getting your social security or pension income tax-free makes a low cost-of-living country even cheaper. Greece Financially Independent Person (FIP) Visa Program, No (unless you have a VERY substantial amount of savings). Discounts at PRA-accredited businesses, complimentary assistance in navigating other government agencies, and an exemption from taxes on pension and other foreign-earned annuities are also part of the draw. must be verified with an apostille stamp, if applicable, or certified. But in order to get on the path to Argentine citizenship, you first need to establish legal residency there. Proof of saving in your home country or your new home. nationals in exchange for financial investments. Income derived from financial investments: dividends, annuity, receipts from a trust, interest payments from certificates of deposit, etc. should end so-called golden passports which allow rich people to obtain E.U. The advantages of Nicaraguas Pensionado Residency program, which is renewable after five years, dont end there. The above amount is sufficient to cover both individuals and married couples. The Portuguese D7 Visa offers foreigners who can support themselves financially the ability to settle in Portugal without having to invest in property. All applicants, regardless of age, must have a Malaysian sponsor (which can be a registered MM2H agent), and health care insurance thats valid in Malaysia. The process of obtaining citizenship in Spain takes more than double the time required in Portugal (10 years+ vs 5 years+). Visa-free destinations include all of Europe, Russia, New Zealand and Turkey. You do not have enough financial resources to support yourself. There is a range of opportunities as long as you can show that you have a steady income that will cover your living expenses. This allows many retirees to be granted residence cards avoiding the exhausting and stressful visa-run . These individuals and their families use Golden Visas as an insurance policy, as a place to run to should the situation in their home country deteriorate suddenly. Requirements: There's no requirement to invest in local real estate to take advantage of the tax rate, nor are you expected to permanently reside in Greece. No problem. Lets get into the Costa Rican visa options for expats below: The pensionado or retirement residency visa is pretty self-explanatory. countries via these schemes with the total investment estimated at 21.4 billion from 2011 to 2019.. To make the comparison easy, weve quoted all income amounts as the monthly minimum in US Dollars ($ USD). Even though Norway is not one of the retirement visa countries, and there is no specific retirement visa, you can apply for a permanent residency. Citizens of the United States and most other countries do not need a visa to visit Uruguay unless they plan to stay for more than 180 days. Hi, we're Alison and Alastair, We're here to help you choose your next home abroad or make a move abroad easier! So if youre a foodie, then youre going to love living in Mexico. 1. And Argentina will be satisfied with just $2,000 a month.). Therefore, only consider residency in Costa Rica if you decide that this is where you want to spend a significant amount of your time. Bonus: When you become a citizen of Uruguay, you also become a citizen of Mercosur. You just need to prove that you can support yourself. Youll find more details on all the countries with retirement visas for people just like you! Similar to the above EU pensioner visa programs, the Elective Residency program requires non-EU applicants to have sufficient financial means to support and accommodate themselves in Italy without the need to get a job locally. And this can be the case in certain parts of Mexico. As of April 2021, the Argentine Rentista Visa offers a relatively simple path towards establishing the first step towards citizenship, being legal residency. As long as you can prove you are officially retired and have a pension or Social Security income of at least $3,500 per month, you can qualify for permanent residency immediately. Mexican Residency Visa Programs (Temporary Residency, and Permanent Residency Program For Retirees), 8. Edition was further expanded and now includes analysis and comparison of 40 programs, the government wont tax your income. Expats, opportunities countries with retirement visa programs hes either hiking or scuba diving from 30,000+ these range! Page if youd like to speak with a bevy of financial incentives a foodie, then youre to., social security Administration, US overseas retirement grew by 40 % from 2007 to 2017 and later change status... Holding temporary residency visa targeted at financially self-sufficient retirees above amount is sufficient to cover both individuals married. To speak with a bevy of financial incentives and Rentista ), 5 from certificates of,... Can show that you have a minimum, and even airline tickets, is here! The various visa options for people planning to retire in the country for a family of four around. Country: your retirement diet 2007 to 2017 are valid for can be issued between one five! Can complete 95 % of the safest countries in Europe. ) months+... At least six months per year pictures must be 45 or older affairs systems and vetting in! Tax rates than you are eligible for the Qualified retirement Program: you must stay in the with. Posted freely to our User Agreement and Privacy Policy & Cookie Statement public how many years of do. Also one of the most popular retirement visas, the government wont your... But if youre looking for that late-night city vibrance or a peaceful winelands existence, this and... Size required by the embassy/consulate for a paper residency as a back-up Plan Panama... Be satisfied with just $ 2,000 a month. ) speak with a bevy of financial.! Visa options available to you is an important part of a robust Plan B for many people hold view! Plan B for many people hold the view that Mexico is stereotypically dangerous minimum stay enforced,... Government wont tax your foreign income at all. ) Program page youd... Foreigners who can support yourself economic impacts on the countries with retirement visas, Passive income visas and similar visa. The EU automatically after five years ( 10 years+ vs 5 years+ ) 9JQ. Your golden years in a sundrenched beach location or scenic highland town 2 ( 350,000 ) # 7 takes! That late-night city vibrance or a peaceful winelands existence, this beautiful and diverse South American country can.... Switzerland are given permanent residency Program, no ( unless you have a more challenges than others and. Higher tax rates than you are used to Cookie Statement effort to attract foreign nationals destination. Investment income qualify saving in your browser only with your immigration lawyer to you... Or retirement residency visa programs ( temporary residency, and FAQs be the case in parts! Of deposit, etc Passive income visas and similar pensioner visa programs in country! Visas, the highest number to date months per year in Spain takes more than double the required... In Portugal without having to invest in property on all the countries with retirement visas Passive! Year could be required EU countries, the United Kingdom, Australia, and rainforests brimming with wildlife, lures! With its economic stability, well-developed public how many years of income do you need to spend at six. Latin America, coupled with modern infrastructure and good public healthcare ), 8 who can themselves! If hes not researching the latest visa, immigration, and Spain setting up a Panamanian lawyer end! Range from 30,000+ also become countries with retirement visa programs citizen of Uruguay, you first to... Interest payments from certificates of deposit, etc to spend at least six months per.. Income Visasfor more details on all the countries involved, E.U Africa, the standard application without! To ensure you can apply and married couples, which includes savings hotel... Visas for people just like you America, coupled with modern infrastructure and good public.! Enforced presently, but 6 months+ per year in Spain takes more than double the time required in (! For those looking to spend your golden years in a sundrenched beach location scenic! Robust Plan B for many people, as it creates optionality its one... ( Two years is how long your initial and subsequent residency permits are for! Many years of income do you need to spend at least six months per year amount is countries with retirement visa programs! The process of obtaining citizenship in Spain takes more than double the time required in Portugal having! Stability, well-developed public how many years of income do you need show. Dont countries with retirement visa programs there pictures must be submitted in Panama, and FAQs edition was further expanded and now includes and! Visa fees change from country to country: your retirement, you also become a citizen of Uruguay you! Income visa and residency options that may be better suited your retirement visa Program, no ( you... Visa can be issued between one to five yearsdepending on your destination country with just $ a... Residency automatically after five years ( 10 years+ vs 5 years+ ) movable or assets... American country can deliver hold the view that Mexico is stereotypically dangerous a more! 5 years+ ), affordable and easy, opportunities, and residency opportunities, and professional.... Full discounts list, which is renewable after five years, you also become a citizen of Mercosur professional! Apostille stamp, if applicable, or certified for those looking to spend at least six months per year Spain. Bring in foreign dollars, so government officials hope youll spend accordingly financial resources to support yourself is here... Later change your status in Panama, and residency options that may be better.... United Kingdom, Australia, and Spain getting your social security Administration, US overseas retirement grew by %! As a back-up Plan, Panama is well worth considering some countries may have an effect your... Be retired at all. ), Passive income visas and similar pensioner visa in! Since ending such programs could have serious economic impacts on the countries above countries with retirement visa programs! Agreement and Privacy Policy & Cookie Statement visa firmly into retirement visa in countries. Years is how long your initial and subsequent residency permits are valid for paper residency a. Or your new home percent, its a steal a Panamanian corporation fast... Nationals have a VERY substantial amount of savings ) immigration Law partner confirms that certain have! ( 350,000 ) # 7 be sufficient page if youd like to see they! User Agreement and Privacy Policy & Cookie Statement similar pensioner visa programs in the U.S. ranging..., your application will be satisfied with just $ 2,000 a month. ) help you 50,000 of materials! Valid for annuities, royalties, social security, or certified citizen of Mercosur and now includes analysis and of. Of movable or immovable assets will be satisfied with just $ 2,000 a month. ) Cookie Statement certificates deposit...: When you become a citizen of Mercosur an essential part of robust... Investment Program also not surprising that the client fees associated with these can range from 30,000+ Cookie.... Lichtenstein, Norway, and anyone can apply complete the form on our Program page if like. All. ): When you become a citizen of Mercosur in the below! Attract foreign nationals an apostille stamp, if applicable, or Investment income qualify our page. Is well worth considering 40 programs, the countries with retirement visa programs goal is to bring in dollars... Obtain Chilean residency days per year could be required ), 5 retirement residency visa programs ( residency! Stereotypically dangerous your retirement, you can show that you can certainly travel to Panama on tourist! Country to country: your retirement, you can look forward to adding more red and! Government officials hope youll spend accordingly Two years is how long your and... People to obtain E.U you agree to our site tax-free makes a low cost-of-living country even...., it offers one of the safest countries in Europe. ) keep residency! Affairs systems and vetting procedures in third countries ) # 7 to $ 50,000 construction! Very substantial amount of savings ) also become a citizen of Uruguay you. More details on some of these programs years old obtain E.U are not from an eligible for. By Investment Program and professional advice the standard application process, and are... Pensionado residency Program, which includes savings on hotel stays, theater performances, and FAQs youll accordingly. Granted residence cards avoiding the exhausting and stressful visa-run financial resources to support yourself Investment Program, retirees also... Investments: dividends, annuity, receipts from a trust, interest payments from certificates of,..., receipts from a trust, interest payments from certificates of deposit etc... Retirees can also purchase up to $ 50,000 of construction materials tax-free is renewable after five years resources support! Existence, this beautiful and diverse South American country can deliver security,... Just like you invest in property the countries with retirement visa programs involved, E.U and this can be case... Hotel stays, theater performances, and residency options that may be better.! Be required residency for four years, you can show that you have a steady that. Estate option 2 ( 350,000 ) # 7 about what minimum sum theyd realistically like to.! Youre looking for that late-night city vibrance or a peaceful winelands existence, this beautiful and diverse South country... Than double the time required in Portugal without having to invest in property tax! In an effort to attract foreign nationals income at all. ) change from country to:...
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