Some tips for retiring abroad

<h5 class&equals;"access">Some foreign countries can be attractive from a tax point of view for French people wanting to retire there&amp;period; however&amp; it should never be forgotten that taxation is only "the icing on the cake"&amp;period;<&sol;h5>&amp;NewLine;<p>According to figures published in March 2016 by the Dinheiro&amp;comma; newspaper, which itself cites sources from the Portuguese Ministry of Finance&amp;comma; there were&amp;comma; between 2009 and 2015&amp;comma; 7,921 applications for non-habitual resident status in Portugal, many of them from pensioners&amp;period;<&sol;p>&amp;NewLine;<p>The breakdown between nationalities is not known&amp;comma; but the main countries concerned would be France&amp;comma; Sweden and Finland&amp;period; The climate&amp;comma; the culture... and the tax system are reasons which encourage some French people to spend their retirement in this European country&amp;period;<&sol;p>&amp;NewLine;<p><strong>Taxation of retirement pensions; a temporary income tax exemption <&sol;strong><&sol;p>&amp;NewLine;<p>In 2009, the Portuguese government created the <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;regime-fiscal-du-resident-non-habituel&sol;">non-habitual resident<&sol;a> concerning personal income tax, with a view to attracting non-resident professional experts as well as beneficiaries of pensions received abroad such as <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;kit-expatriation-portugal&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">French pensioners<&sol;a>&amp;period;<br &sol;>&amp;NewLine;To benefit from the non-habitual resident regime&amp;comma; you must first be resident in Portugal for tax purposes&amp;period;<&sol;p>&amp;NewLine;<p><u>The interested party must meet the following conditions &amp;colon;<&sol;u><br &sol;>&amp;NewLine;- reside more than 183 days per year &amp;lpar;continuously or not&amp;rpar; in Portugal during the year of application for this scheme &amp;semi;<br &sol;>&amp;NewLine;- not to have been a Portuguese tax resident during the five years preceding the application for habitual resident status &amp;semi;<&sol;p>&amp;NewLine;<p><a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;kit-expatriation-portugal&sol;">Only after you have registered as a resident for tax purposes<&sol;a> that application for non-habitual resident status may be made &amp;lby;<strong>the granting of such status is not automatic<&sol;strong>&amp;rpar;&amp;period;<&sol;p>&amp;NewLine;<p>This status will allow the beneficiary an income tax exemption in Portugal for 10 years &amp;lpar;with an obligation to reside in Portugal for 183 days &amp;sol; an each of these 10 years&amp;rpar; under circular n°9&amp;sol;2012 of August 3, 2012&amp;period;<&sol;p>&amp;NewLine;<p>This period is not renewable&amp;period; At the end of these 10 years&amp;comma; the beneficiary may pay income tax in Portugal if he/she decides to continue to reside in that country &amp;lpar;the IRS in Portugal has a bracket higher than 48&amp;percnt;&amp;rpar; or return to France&amp;period;<&sol;p>&amp;NewLine;<p>It's because the <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;faq-statut-de-rnh-portgual&sol;faq-sur-le-statut-de-resident-non-habituel-suite&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">RNH status<&sol;a> is valid for each applicant for a limited, non-renewable period of 10 years that the tax authorities have used the term &amp;OpenCurlyDoubleQuote;non-habitual"&amp;period;<&sol;p>&amp;NewLine;<p><strong>Social protection for French pensioners in Portugal&amp;colon; <&sol;strong>First of all, it should be remembered that&amp;comma; as for all French pensioners&amp;comma; French social security will continue to make deductions from basic and supplementary pensions&amp;period; Consequently&amp;comma; pensioners in France retain the benefit of health insurance both for temporary stays &amp;lpar;<strong>no more than 3 months<&sol;strong>when you return to France permanently&amp;period;<&sol;p>&amp;NewLine;<p>In Portugal, there is both a public and a private healthcare system. Registering with the Portuguese social security system as a resident allows you to benefit from the public system, unlike the private system where prices are much more expensive if you don't have a private mutual;<br &sol;>&amp;NewLine;In addition&amp;comma; French pensioners can take out private insurance in Portugal or abroad&amp;period; In addition&amp;comma; the Caisse des Français à l'Etranger &amp;lpar;CFE&amp;rpar; offers private health care&amp;period;<&sol;p>&amp;NewLine;<p><strong>Accommodation in Portugal&amp;colon;<&sol;strong> Even if they don't live in Portugal, Europeans are investing in real estate here in droves due to its affordable cost&amp;colon; an average of just over 2,000 euros per square meter&amp;period; prices do, however, vary from region to region&amp;period; <a href&equals;"https&colon;&sol;&sol;vivreauportugalconsulting&period;com&sol;guide-immobilier-portugal&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">The procedure appears to be safe and close to that of France&amp;period; <&sol;a><&sol;p>&amp;NewLine;<p>A studio apartment in Lisbon costs an average of 760 euros&amp;sol;month, while in Porto it will only cost 580 euros&amp;sol;month&amp;comma; and for a 3-room apartment&amp;comma; you can expect to pay 1,500 euros&amp;sol;month in Lisbon and 1,000 euros&amp;sol;month in Porto&amp;period; Villas are much more expensive&amp;comma; especially by the sea, where it's easy to rent on a seasonal basis&amp;period;<&sol;p>&amp;NewLine;