10 Places To Retire and Pay Way Less In Taxes
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9. Thailand
Tempted by Thailand’s tropical climate? A retired couple can live here in luxury for just $1,800 per month. It gets much cheaper if you are going it alone though. A one-bedroom condo will cost between $300 – $600 per month, but a luxury 1,500-square-foot one will only cost you $1,000.
Thailand has remittance tax though and takes 37% from what is bought into the country. However, you can avoid paying this by keeping your funds in an American bank account. Additionally, retirement income isn’t taxed, and there is no tax on a property if it’s owner-occupied.
