Taxes: pensioners should consider this when emigrating – economy

Out of sight, out of mind: pensioners remain on the radar of the German tax authorities, even abroad. If you slouch on taxes, it can get really expensive. The most important tips.

There are people who dream their whole lives of moving far away when they get old, to the mountains or somewhere warm. The main thing is to get out of Germany. Some of them actually turn their dream into reality, they spend the last years of their lives somewhere else: in Spain, Italy, Austria, the USA, in the Caribbean or Turkey. The good thing is that you can take your pension with you. According to its own information, the German Pension Insurance (DRV) transfers money to around 1.8 million pensioners in 150 countries around the world.

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