15 Tax-Friendly Countries To Consider for Your Retirement

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1. Portugal

Insider Monkey Score: 25

Cost of Living: $1,073

Retirement Program: Portuguese Retirement Visa or Portuguese Golden Visa

The last – and best – country on our list of tax-friendly countries to consider for your retirement is none other than Portugal. What makes the country ideal from a financial perspective is the option to embody Non-habitual Residence status which entails tax-free income for a period of ten years. To qualify for NHR status, retirees must spend a minimum of 183 days a year in Portugal. 

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