10 Places To Retire and Pay Way Less In Taxes
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8. Philippines
If you will struggle to get by in the U.S, the Philippines could be the destination you are looking for. This country is made up of over 7,000 islands and is ridiculously cheap compared to America’s prices. You can live a life of luxury from just $800 – $1,200 per month. A live-in maid will cost you just $65 monthly, too.
Even on a pension of $1,000 a month, you can rent a two-bedroom apartment with all the modern luxuries for just $300 every month. With pensions under $1,000, you can get permanent residency and your retirement income won’t be taxed at all.
