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How to retire to Madeira & Azores

How to retire to Madeira & Azores

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Portugal is the ultimate mainland European destination for sun-seeking pensioners who want to minimise their taxes – yet it hasn’t always been the most popular choice.

Only 11,000 British pensioners lived in Portugal in May 2020, compared with more than 106,000 retirees who’d flocked to Spain, according to figures from the DWP.

The sun-soaked Iberian country has generous tax incentives, cutting pension taxes by more than half for Britons who relocate there.

On the healthcare front, all legal residents have access to government-subsidised medical treatments, much like in Britain. Expats have the same coverage as locals.

But there are a number of requirements any hopeful relocator would have to meet before getting the green light.

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