Retirement Visas 2026

A retirement visa (also called a pensionado or retiree visa) is a long-term residence permit for people who can demonstrate regular pension or investment income. Unlike work visas, they typically prohibit local employment but allow you to live in the country indefinitely.

Income requirements vary widely. The lowest in our data is Portugal at $10,800/year. Most countries require proof of pension, Social Security, or investment income — bank statements for the past 6-12 months are typically needed.

Most countries require proof of health insurance as part of the retirement visa application. Some countries (like Portugal and Spain) provide access to their public healthcare system once you become a tax resident. Private international health insurance is recommended regardless, especially for the initial period.

In many countries, yes. After holding a retirement visa for 3-5 years, you may be eligible to apply for permanent residency or even citizenship. Countries like Panama and Portugal have well-established pathways from retiree status to permanent residency.