Wealthy expats are looking at Portugal for retirement

Pedro Gonçalves
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Wealthy expats are looking at Portugal for retirement

With its beautiful beaches, villages and warm weather Portugal has been attracting wealthy expats looking to retire under the sun. The fact that the country has a tax-free retirement income, unlike traditional European expat destinations, such as Italy and Spain as made it even more attractive to retirees.  Portugal introduced non-habitual residency (NHR) status in 2009 to actively encourage wealthy people to relocate there. Eligible professionals within an industry considered scientifi...

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