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Why Living In Portugal Is The Perfect Choice For A Splendid Retirement

Without a doubt, Portugal is one of the top retirement destinations for many people. Portugal boasts everything needed for people to enjoy their well-earned retirement after years of diligent work.

Many expats love living in Portugal. Why? Keep reading to find out more.

Overview Of Portugal

Portugal is a country on the Iberian Peninsula in southwest Europe. Portugal includes the Atlantic archipelagos of Azores and Madeira. The political system is a republic. The President is the head of state, and the Prime Minister controls the government.

Portugal has a mixed service economy, in which the government has liberalized certain sectors of the economy and privatized numerous state-controlled businesses. Portugal is also a member of the European Union.

Top Benefits Of Living In Portugal After Retirement

Tax waiver

Pension taxes do not apply to foreign retirees living in Portugal. This exclusion of foreign pensions is justified for two reasons.

The first relates to the celebration of the Agreement on Double Taxation between the nation of residence and the country of origin. According to this agreement, overseas pensions may be taxed in the nation of residence instead of the country of origin.

The personal income tax system for non-habitual inhabitants is the second justification. This system allows the Portuguese government not to tax foreign pensions.

However, for that to be the case, the overseas pensioners must have transferred their pensions to Portugal and obtained the status of Non-habitual Residents.

However, you can only take advantage of this tax break for ten years. After this time, taxes will be collected gradually.


The Portuguese are renowned for their cordial welcome to visitors living in Portugal. One of the reasons for this is the Portuguese’s millennia-long history as explorers and emigrants who landed in all parts of the globe.

The Portuguese are skilled at both integrating newcomers and making foreign retirees feel welcome. Even if your Portuguese is limited, all you need to do is ask for directions to see how amiably and warmly the Portuguese will strive to assist you.

Unfortunately, a nasty intention is occasionally hidden underneath all of these pleasant gestures.

It would be a deception to claim that all Portuguese are kind and well-intentioned; we certainly do not put everyone in the same category.


The sense of security is one of the most crucial factors to consider while deciding where to retire abroad and living in Portugal offers this.

And on this issue, we can assert that Portugal is among the best countries in the world for communal living and security.

In fact, the nation is frequently mentioned while discussing the safest places to live in the world.

It is uncommon to witness aggressiveness and even rarer still to experience an attack, as any foreigner in Portugal would attest. Women can stroll fearlessly down the street, and assaults are uncommon.

Of course, we must exercise caution as we would everywhere, but Portugal is a country with an excellent quality of life and less “hazardous” locations than other nations.

Low cost of living

A high standard of living, nice food, and fine wine.

If you are thinking about living in Portugal when you retire, you’ll discover a lot more things. The best part is that you won’t have to spend a lot of money to get access to all of this. Portugal has much lower living expenses than other European nations.

Even the cost of real estate has decreased.

Compared to your home nation, Portugal offers substantially greater purchasing power for your pension.

There is no shortage of enjoyable activities to partake in that are reasonably priced, whether you want to go out to eat at a fine restaurant, take a weekend trip, or see a concert.

High-quality medical care

When you reach retirement age, you need to focus more on your health and make sure you have access to high-quality medical care.

A top-notch public healthcare system will be available to you in Portugal if you choose to retire there. All of the beneficiaries of the National Health Service (SNS) are guaranteed access to healthcare.

There is a vast network of private healthcare facilities and clinics that are not part of the public health system. If you choose private hospitals, it is crucial to purchase health insurance.