Are you dreaming of a luxurious retirement but worried about the cost? Portugal might be the answer. With its affordable cost of living, stunning landscapes, and welcoming culture, this European gem is becoming a top destination for retirees, according to Forbes. Here’s how older couples can retire in luxury—without breaking the bank.
One of the biggest draws of Portugal is its low cost of living. Global Citizen confirms that compared to the U.S., everything from housing to healthcare is significantly more affordable. A couple can live comfortably at between $2-3K per month, depending on their lifestyle. This includes rent, groceries, dining out, and even European travel.
Portugal also offers a range of visa options for retirees, including the D7 Visa, designed for those with passive income. To qualify, you must show proof of income, such as pensions or savings, and meet other requirements like obtaining health insurance. Once approved, you can enjoy all the benefits of living in Portugal, including access to its world-class healthcare system.
Another perk of retiring in Portugal is the quality of life. The country is known for its warm climate, beautiful beaches, and rich history. Whether you prefer Lisbon’s vibrant city life or the Algarve’s tranquil countryside, there’s something for everyone. Plus, English is widely spoken, making it easy to settle in.
For older couples, Portugal’s healthcare system is a major advantage. It’s ranked among the best in the world, with affordable costs and high standards of care. Expats can access the public system or opt for private insurance, which is still much cheaper than in the U.S.
Retiring in Portugal also offers the opportunity to explore Europe. With its central location, you’re just a short flight or train ride away from destinations like Spain, France, and Italy. This makes it easy to satisfy your wanderlust without spending a fortune.
Of course, moving abroad is a big decision, and it’s important to do your research. Visit Portugal to get a feel for the different regions, and talk to other expats about their experiences. It’s also a good idea to consult with a financial advisor to ensure your retirement savings will stretch as far as you need them to.
For older couples looking to retire in luxury, Portugal offers an unbeatable combination of affordability, beauty, and culture. It’s a chance to live your dream retirement—without sacrificing comfort or quality of life. So, pack your bags and start planning your new adventure. Portugal is waiting to welcome you with open arms.
