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20 Best Places to Retire and Pay Almost No Taxes!

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Once you have crossed that phase of your life in which you have worked crazily for long hours, you look forward to some peace and calm in your life, don’t you? During your retirement, you need to settle down in a place that offers you peace of mind and an environment that gives you good health. Here is a list of few places that you can consider for the same:

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1.Vietnam

 

If you are trying to find a cheap place to settle down post retiring, so that you don’t have to spend too much on your day- to- day living, Vietnam is a wonderful place for you. Two-bedroom houses are available here for as low as $300per month. The country has great amenities as well.

2. Florida

Wonderful weather, great beaches, and low taxes – these are the best qualities of Florida. Due to zero state income tax and wonderful amenities, Florida is one of the top favourite places in the world among retired people.

3. Alaska

With its wonderful amenities for retired people like recreation centres, fishing, boating and other excellent tourist places, Alaska is a great place to settle down in the later stages of your life. Far from the madding crowd, Alaska is a place that is quite rich due to its abundance of oil resource; therefore, people don’t have to pay any taxes here.

4. Colombia

If you are looking for a healthy and affordable place to settle down when you have retired, Colombia is a place that you can consider. There are many spacious two and three-bedroom houses for rent here, and you can enjoy absolute peace and happiness when you start living here. You can buy fresh products from the local markets and lead a simple yet happy life here.

5. Illinois

Illinois is a favoured destination for retirees because the state tax is quite low here (as low as 6.25%) and many tourist attractions surround the place. With great ambience all over and a healthy environment, this is a country that helps you save money as well.

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