Portugal named top of world retirement hubs

Published:  15 Feb at 6 PM
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Already a favourite holiday and relocation destination for the British, Portugal has been named as the top retirement hub on the planet for three years running.

Well-known expat relocation website Live and Invest Overseas considers the attractions of the country to be the perfect draw for retirees, especially single women. The Algarve is favourite for its large, long-established and welcoming expat community, and the country as a whole is the safest in Europe and one of the least dangerous in the entire world.

In centuries long-since past, the Portuguese led the world in exploration and discovery of new countries and their charms as well as their commercial possibilities. Nowadays, exploring the country’s fascinating history whilst based on its Atlantic coastline is a great way to enjoy retirement. Outdoor attractions include year-round golf, friendly locals, miles of great beaches and genuine value for money.

Expat retirees come in all shapes, sizes and preferences, with many not wishing to endure the hot, humid, year-round weather of the majority of Asian countries as well as the better-known tropical destinations. For those seeking a warm, varied coastal climate with no extremes of temperature or rainfall, the Algarve is the perfect European choice. The mix of olde worlde culture and new world infrastructure here, especially for pensioners, is usually preferable to life in a developing or third-world country, however fascinating.

Portugal is one of Europe’s most affordable countries, especially off the main tourist track. Living on a pension can be a trial, but buying fresh local produce and living like the Portuguese do makes it entirely possible to have a good lifestyle. For expat retirees from outside the EU, immigration requirements aren’t onerous, with residency established by showing a income of $1,000 (£833) a month. Another advantage, due to the country’s popularity as a tourism destination, is that it’s not necessary to learn Portuguese as the majority of locals speak at least some English.
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