Spain, a Home for Retirees

Spain has long been a retirement destination for Europeans, with its history, architecture, literature, art and music, retiring in Spain is considered the best option for families. 

However, before making the big move and settling into your new life in the sun, you should do some research into Spanish properties for sale, since owning your ideal home is in your best interests.

Below are some considerations that should boost your decision to retire

1. The Cost of Retiring in Spain

In Spain, you may retire comfortably on around $25,000 per year. This works out to about $2,083 each month. If you want to live outside of major cities and live a more basic lifestyle, this amount makes more sense.

Spain offers minimal property taxes, which is great for seniors. You may be required to file a Spanish income tax return under certain circumstances. This is the situation if you spend more than six months of the year in Spain and earn more than $24,000.

2. Warm Climate and Sunny Beaches

The Iberian peninsula’s world-class beach lifestyle explains the generally held idea that it has a Mediterranean climate, yet this is only half of the overall warm, friendly tale.

Spain is a large nation with a vast middle plain, stunning mountainous areas, and a long coastline that runs parallel to the Atlantic. It is a country with subtle climatic variances, all of which are well-suited to enjoying life.

Sure, it rains on the plains, but the environment, unlike the weather, will not let you down. Conditions will be favourable whether you’re relaxing on the white sands of Ibiza, skiing in the Pyrenees, or picnicking in green meadows overlooking the stunning Galician coastline to the north.

Spain is a place for relaxation and serenity, so retire there someday with your family.