6 ways retiring aborad may impact your state pension – Which? News

6 ways retiring aborad may impact your state pension – Which? News

The dream of retiring abroad has long been on the wish list of workers in the UK in search of better weather and cheaper living costs. Spain, France and Portugal regularly top the list of the most desirable destinations people wish to retire to, according to a survey by pension provider Canada Life. However, there are several factors to consider if you are thinking of enjoying your later life in a new country which could impact your state pension. Here Which? rounds up six things you need to know if you are thinking about retiring abroad. 1. Some qualifying years might not count You can claim your state pension abroad if you’ve paid enough UK national insurance contributions to qualify. You need at least ten qualifying years on your National …
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