Things To Consider Before You Decide To Settle Abroad After Retirement

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Eligibility And Visas

Each country has specific rules for permanent residency, so research and gather information from the relevant authorities of the country you plan to migrate to; for instance, their embassies will have offices to handle such queries.

Visa

Healthcare Costs

If you are taking this step after retirement, you will be a senior citizen; hence, healthcare will be a crucial aspect you should consider.

Healthcare

Residency 

One must also consider the residency laws and the ease of living in the country you are planning to migrate to. 

House

Cultural Differences

You must be legally and socially aligned with the traditions of that country and respect the local laws and traditions. 

Taxation

Taxation is also an important consideration, as you will have to pay various taxes in the resident country. For instance, you should know the tax rules related to income, savings, investments, wealth, capital gains, inheritance, and other compliances. TH

tax

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