‘Europe’s Florida’ Sparks Rift as Portugal Lures Rich Pensioners

April 30, 2018 2:42 pm by Fernando Porta

After a lifetime of long Swedish winters and hefty tax bills, Dan Wikstrom’s dream of a comfortable retirement in the sun has come true. Not in a Caribbean tax haven, but in Portugal, a far more convenient four-hour flight away.

Portugal introduced the incentives nine years ago in an attempt to bring back expatiates and attract highly skilled foreign workers. But their appeal to wealthy pensioners has caused tension within the European Union. Know more here…