Looking to live off your retirement benefits without breaking the bank? Consider these countries....
Looking to live off your retirement benefits without breaking the bank? Consider these countries.
Greyson Ferguson
9 min read
4 hours ago
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Digital nomad visas aren’t just for young, remote workers. While that’s the portrait painted, anyone with regular, monthly income can apply for these live-abroad visas. This includes Social Security checks, pension funds, and other retirement benefits. Some may also include rental income, though that’s more of a country-by-country basis.
So, if you’re retired or nearing retirement age, crunching the numbers, and not sure how you can live comfortably a the income you have, you should consider a digital nomad visa. But with so many options out there, which are the best? Everyone is different, but to get the ball rolling, the visas below are affordable, in countries that are unlikely to pull the rug out from under you, and offer longer-term residency options.
Latvia
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The real benefit with Latvia is you can annually renew your digital nomad visa and then convert it over to residency, should you decide to stay long term. Riga is one of the…
Disclaimer: The views and opinions expressed in this article do not necessarily reflect the official policy or position of IRACircle. Always consult a certified financial planner or tax advisor before executing retirement account transactions.