{"id":4964,"date":"2021-08-06T17:11:57","date_gmt":"2021-08-06T17:11:57","guid":{"rendered":"https:\/\/gpsites.co\/realtor\/?p=4964"},"modified":"2022-10-22T10:50:39","modified_gmt":"2022-10-22T10:50:39","slug":"retired-and-the-nest-egg-is-not-large-enough","status":"publish","type":"post","link":"https:\/\/proprietas.org\/tr\/retired-and-the-nest-egg-is-not-large-enough\/","title":{"rendered":"Retired And The Nest Egg Is Not Large Enough?"},"content":{"rendered":"<div class=\"gb-container gb-container-25317938\"><div class=\"gb-inside-container\">\n\n<p class=\"has-drop-cap\">Are you a retiree looking forward to enjoying some of the things you love? Grandchildren?  hobbies? traveling?<\/p>\n\n\n\n<p>But you are concerned that your retirement nest egg is quickly disappearing due to high government taxes?<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/proprietas.org\/wp-content\/uploads\/2022\/08\/vacation-villa-in-Georgia-1024x683.jpeg\" alt=\"vacation villa in Georgia\" class=\"wp-image-5454\" srcset=\"https:\/\/proprietas.org\/wp-content\/uploads\/2022\/08\/vacation-villa-in-Georgia-1024x683.jpeg 1024w, https:\/\/proprietas.org\/wp-content\/uploads\/2022\/08\/vacation-villa-in-Georgia-300x200.jpeg 300w, https:\/\/proprietas.org\/wp-content\/uploads\/2022\/08\/vacation-villa-in-Georgia-768x512.jpeg 768w, https:\/\/proprietas.org\/wp-content\/uploads\/2022\/08\/vacation-villa-in-Georgia.jpeg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n<div class=\"gb-container gb-container-719c6349\"><div class=\"gb-inside-container\">\n\n<p class=\"gb-headline gb-headline-0471c616 gb-headline-text\">&#8220;There is more money made in buying than selling.&#8221;<\/p>\n\n\n\n<p class=\"gb-headline gb-headline-6a3e10fc gb-headline-text\"><em>\u2013 A<\/em>nonymous<\/p>\n\n<\/div><\/div>\n\n\n<h3 class=\"gb-headline gb-headline-7bdc3fd2 gb-headline-text\">Some of The Taxes You Will See In Europe<\/h3>\n\n\n\n<p><\/p>\n\n\n\n<p>Government taxes in Europe\u2019s favorite retirement zones are at all time highs and are showing no sign of going down anytime soon.<\/p>\n\n\n\n<p>Here is a list of some of the taxes cutting into your retirement nest egg,<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>VAT tax<\/li><li>Fuel tax<\/li><li>Capital gains tax<\/li><li>Alcohol tax<\/li><li>Profit tax<\/li><li>All government taxes disguised as license fees<\/li><li>Etc, etc<\/li><\/ul>\n\n\n\n<p>Add it all up and government taxes and fees can take over 50% of your after-tax retirement income. You worked long and hard for this and have already paid the taxes from your employment income.&nbsp;<\/p>\n\n\n\n<p>Reducing the money you need to:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Travel to visit friends and family.<\/li><li>Fund your favorite charities<\/li><li>Travel to new countries to explore culture and cuisine<\/li><li>Buy your dream retirement home near the beach in a comfortable climate<\/li><li>Drive the vehicle you always wanted<\/li><li>Attend events and galas that make your mood soar<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Does A Retirement&nbsp; Haven Exist Where The Climate Is Nice And The Taxes Are Lower?<\/strong><\/h3>\n\n\n\n<p>Factors considered when retiring are more than low taxes and good climate. Good health care facilities and doctors are important.&nbsp;<\/p>\n\n\n\n<p>Personal safety and safe neighborhoods are also important for visiting&nbsp; family,&nbsp; grandchildren and friends..<\/p>\n\n\n\n<p>Standard of living is important as well with shopping and infrastructure in place to meet and exceed you current standard of living.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>But Where Can You Find This Retirement Haven With Low Taxes and Good Standard Of Living?<\/strong><\/h3>\n\n\n\n<p>Georgia has quietly become a stable and growing country since becoming an independent state. Being an European Union applicant has solidified Georgia\u2019s place as a safe, prosperous country with good healthcare, climate and low taxes. <\/p>\n\n\n\n<p>Moving your tax residency to Georgia can reduce your&nbsp; tax liabilities up to 37% depending on where your tax residency is now. Read more below to learn more about the Georgian retirement advantage.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Why Georgia Has A Competitive Retirement Advantage In Europe<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Georgia has few and low taxes.<\/strong><\/li><li><strong>Georgia accepts most foreigners without a need for visa.<\/strong><\/li><li><strong>Georgia is ranked 5th safest country in the World.<\/strong><\/li><li><strong>Georgia\u2019s healthcare meets or exceed many European standards.<\/strong><\/li><li><strong>Georgia climate is considered moderate to sub-tropical.<\/strong><\/li><li><strong>Georgia has properties on the beach of the Black Sea<\/strong><\/li><li><strong>Registering property in Georgia is 4th easiest place in the world.<\/strong><\/li><li><strong>Georgia is located in a strategic location next to Asia, Africa and Europe.<\/strong><\/li><li><strong>Georgian banks are safe and stable.<\/strong><\/li><li><strong>Georgian banks accept four currencies as standard USD, Euro, Pounds and Lari<\/strong><\/li><li><strong>Georgian banks pay high interest<\/strong><\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"396\" src=\"https:\/\/proprietas.org\/wp-content\/uploads\/2022\/08\/Georgian-taxes-1024x396.png\" alt=\"georgian taxes\" class=\"wp-image-5452\" srcset=\"https:\/\/proprietas.org\/wp-content\/uploads\/2022\/08\/Georgian-taxes-1024x396.png 1024w, https:\/\/proprietas.org\/wp-content\/uploads\/2022\/08\/Georgian-taxes-300x116.png 300w, https:\/\/proprietas.org\/wp-content\/uploads\/2022\/08\/Georgian-taxes-768x297.png 768w, https:\/\/proprietas.org\/wp-content\/uploads\/2022\/08\/Georgian-taxes.png 1050w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The image above displays all the taxes that are currently payable in Georgia. As a foreign retiree it is possible to pay no taxes other than VAT on day to day purchases such as utilities and food and vehicle related expenses if you own a vehicle.<\/p>\n\n\n\n<p>Georgia accepts most foreigners without a visa from Europe, the Americas and Australia. They even have an easy online application in case you do not live in one of the above countries. <a href=\"https:\/\/www.evisa.gov.ge\/GeoVisa\/en\/VisaApp\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.evisa.gov.ge\/GeoVisa\/en\/VisaApp<\/a><\/p>\n\n\n\n<p>&nbsp;&nbsp;Georgia is ranked 5th safest country in the world.&nbsp; Safe neighborhoods are an important consideration when choosing your retirement haven. h<a href=\"https:\/\/www.numbeo.com\/crime\/rankings_by_country.jsp\" target=\"_blank\" rel=\"noreferrer noopener\">ttps:\/\/www.numbeo.com\/crime\/rankings_by_country.jsp<\/a><\/p>\n\n\n\n<p>The climate in Georgia is considered moderate to sub-tropical according to its relation to the Black and Caspian Sea. <a href=\"https:\/\/www.advantour.com\/georgia\/climate.htm\">https:\/\/www.advantour.com\/georgia\/climate.htm<\/a>. Winters average 7C with rainfall with summers averaging 23C.<\/p>\n\n\n\n<p>Batumi is a newly developing tourist destination on the Black Sea that offers beachfront properties that cost much lower than an equivalent beachfront property in the rest of the world.&nbsp; As of this writing in 2021 beachfront property can still be purchased for $1300 m2. Property can be owned by a foreigner in Georgia and is considered the 4th easiest country in the world to register a property.<\/p>\n\n\n\n<p>&nbsp;If you are a world explorer Georgia opens up a lot of opportunities to see Europe, Asia and Africa. Strategically located in the center of all three of these continents traveling has never been easier.<\/p>\n\n\n\n<p>Retirement living would not be complete without a stable banking and financial&nbsp; institutions. Two of the more established Georgian banks (TBC Bank and Bank of Georgia) are both traded on the London stock exchange and their clearing house is in Barclays in London.&nbsp;<\/p>\n\n\n\n<p>Not only is your money safe but you can collect high interest rates on debit card accounts and term deposits. High interest rates can be earned on term USD, Euro and Pounds balance as well. The Georgian currency the Lari is also a stable&nbsp; as currencies around Georgia have become devalued over time. (Russian Ruble, Turkish Lira, Armenian Dollar)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h3>\n\n\n\n<p>Georgia has quickly become a preferred destination of&nbsp; retirees around the world. Ease of buying property, low taxes, stable banking, moderate climate, good healthcare gives you the advantage in today\u2019s ever increasing taxes in the developing world.<\/p>\n\n<\/div><\/div>\n\n\n<a href=\"https:\/\/www.hotelscombined.com?a_aid=243740\" target=\"_blank\" rel=\"nofollow noopener\"><img decoding=\"async\" src=\"https:\/\/assets.portalhc.com\/banners\/affiliate\/en\/728x90_BrainFried.jpg\" alt=\"Save on your hotel - hotelscombined.com\" title=\"Save on your hotel - hotelscombined.com\" border=\"0\"><\/a>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Country of Georgia: Lets Take A Journey of the 3 C&#039;s\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/p757ESdKlbU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div><\/figure>","protected":false},"excerpt":{"rendered":"<p>Are you a retiree looking forward to enjoying some of the things you love? Grandchildren? hobbies? traveling? But you are concerned that your retirement nest egg is quickly disappearing due to high government taxes? &#8220;There is more money made in buying than selling.&#8221; \u2013 Anonymous Some of The Taxes You Will See In Europe Government &#8230; <a title=\"Retired And The Nest Egg Is Not Large Enough?\" class=\"read-more\" href=\"https:\/\/proprietas.org\/tr\/retired-and-the-nest-egg-is-not-large-enough\/\" aria-label=\"More on Retired And The Nest Egg Is Not Large Enough?\">Read more<\/a><\/p>","protected":false},"author":1,"featured_media":5454,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-selling","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/proprietas.org\/tr\/wp-json\/wp\/v2\/posts\/4964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/proprietas.org\/tr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/proprietas.org\/tr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/proprietas.org\/tr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/proprietas.org\/tr\/wp-json\/wp\/v2\/comments?post=4964"}],"version-history":[{"count":0,"href":"https:\/\/proprietas.org\/tr\/wp-json\/wp\/v2\/posts\/4964\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/proprietas.org\/tr\/wp-json\/wp\/v2\/media\/5454"}],"wp:attachment":[{"href":"https:\/\/proprietas.org\/tr\/wp-json\/wp\/v2\/media?parent=4964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/proprietas.org\/tr\/wp-json\/wp\/v2\/categories?post=4964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/proprietas.org\/tr\/wp-json\/wp\/v2\/tags?post=4964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}