Retirement is your opportunity to get the type of break you’ve always wanted, a break that never ends. Unfortunately, there’s one thing you might never get a break from: taxes. Pensions and retirement funds are taxed in most parts of the world. But don’t despair! There are some tax havens where your funds will remain untouched! If you are up for an international retirement, then consider one of these destinations.
- The Cayman Islands
This Caribbean nation has long been renowned for its lack of corporate and personal taxes. The cost of living might be a bit high, but at least the government won’t lay its hands on your well-deserved money.
- The United Arab Emirates
With balmy weather and remarkable modern infrastructure, this oil-rich Arab nation can be a perfect retirement spot. Dubai and Abu Dhabi are the most common destinations.
- Gibraltar
A British territory at the southern tip of Spain, this tax haven is a Mediterranean jewel. It is also a quick boat ride away from Morocco, the North African nation famed for its culture and cuisine. At Gibraltar, you can save on taxes while straddling two continents.
- Costa Rica
If you’re a nature lover, then this is the perfect retirement destination for you. Costa Rica might be a small country, but it has two coasts, rainforests, mountains, and volcanoes, as well as some of Central America’s most modern infrastructure.
- Uruguay
Wedged between its larger neighbors, this South American nation is famed for its progressive society and lengthy beaches. Farther inland, you’ll be able to roam the prairies where gauchos have long roamed.
- Monaco
If you’re financially well-endowed, consider retiring in this principality adjacent to France. The city is gorgeous and well-deserving of its reputation as a playground of the rich and famous.
- Vanuatu
If a chain of islands in the South Pacific sounds like your version of retirement paradise, then look no farther than this archipelago nation. There are no taxes, but you’ll need some money to pay for residency.
- Guatemala
Now that the dust has settled after thirty years of civil war, the cultural diversity and natural splendor of this Central American nation is again plain to see. Colonial cities and lakeside villages offer wonderful retirement retreats.
- Georgia
With its Black Sea beaches and favorable tax code that leaves pensions untouched, this Eastern European nation is a great option for retirees.
