The most popular countries for the British to retire to are, Spain, Portugal, France, Cyprus, and Malta, and despite Brexit there seem to be more people who want to go to one of these countries before the end of March.
And why not? Unless you move to the Alps, most of these countries have a much sunnier climate, and they can be a lot cheaper to live in. Algarve removals to Portugal are especially inviting. Average daytime temperatures there range from 16°C to 29°C and you can buy a three-bedroom villa with a pool for as little as £250,000. It has a non-habitual resident scheme which entitles you to tax advantages for ten years, so non-Portuguese pensions or lump sums are tax free. A three-course dinner for two at a middle of the road restaurant is only about £25, and there are some of the best golf courses in Europe.
However, removals to France and removals to Spain are also increasing, as retirees want to settle in before Brexit day, because who knows what happens after that?
However, if you are considering removals from Lancashire to overseas, you should take the advice of an accountant because tax regulations can vary greatly. For example, if you live in Spain or Portugal but still own property in the UK or have any intention of returning, HM Customs and Revenue may consider you are still liable for UK income tax – even if you don't live here! A good website for information is https://www.gov.uk/moving-or-retiring-abroad.
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