Locations in five countries in Europe are offering financial incentives to new residents meeting specific qualifications, according to a report from InternationalLiving.com. The countries — including Italy, Spain, Greece, Ireland and Portugal — have available grants, subsidized housing or long-term tax incentives that can meaningfully reduce the cost of relocating abroad when paired with the right visa.
“For retirees, these incentives can meaningfully reduce the upfront cost of starting a new life overseas,” says Jennifer Stevens, executive editor of International Living. “Whether it's a tax break in Italy or Greece, a housing refurbishment grant in Ireland, or relocation support in Portugal, these programs can help stretch retirement savings further.”
