British retirees find their sun in Portugal
Monte Da Palhagueira caters to those who are attracted to its mild climate and lower cost of living
Monte Da Palhagueira, Portugal
WITH its Anglican church and English gardens, Monte da Palhagueira is a British outpost in southern Portugal, an "El Dorado" for European retirees due to its generous tax incentives and sunny climate.
But there are conditions to living there - residents must be more than 55 years old and have a sizeable nest egg of British pounds.
TRENDING NOW
Singapore at 61: How we can ensure opportunity, security and ownership for the next generation
With tech for fact-checking to cancer care, Singapore startups aim beyond home
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself