The Top Countries Where You Can Retire on $150K

How to retire in Malta

Malta’s residence permit programs live up to the country’s reputation for being open and peaceful. Taxes are also very favorable in Malta. You simply need to visit the local consulate in your region to kick-start the process.

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The country offers several visa options for non-EU residents, including one-year and infinitely renewable visas for retirees and self-employed people who wish to live and work in Malta. For French retirees, you can request a transfer of rights from your Health Insurance to facilitate registration with the Caisse d’Assurance Maladie of your new residence.

3. Panama

Renowned for its high quality of life, laissez-faire tax laws, and excellent healthcare, Panama has been popular with retirees and investors for many years.

Living here comes with all the glorious sunshine, culture, and natural beauty you could wish for to fill your retirement years. Spanish is the first language, but English is widely spoken, especially in large cities. The capital, Panama City, is surprisingly affordable. A one-bedroom apartment in the city center rents for less than $1,000 a month, the internet costs around $52 a month, and a nice dinner for two at a mid-range restaurant costs around $50, Numbeo says.

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