By Vangjel Dhimo on February 12, 2023
Retirement is a time to kick back, relax and enjoy the fruits of your labor. For many people, it’s also a time to relocate to a place that offers a more fulfilling lifestyle, a lower cost of living, and a warmer climate. If you’re looking for a place that fits this description, then Saranda, Albania might be just what you’re looking for.
WHY IS SARANDA A GREAT PLACE TO RETIRE?
Saranda is a hidden gem located on the stunning Ionian coast in southern Albania. With its turquoise waters, sandy beaches, and stunning views of the Greek island of Corfu, Saranda is quickly becoming one of the most popular tourist destinations in the Balkans. But what makes it so special for retirees? Let’s find out.
AFFORDABLE COST OF LIVING
One of the biggest draws of Saranda for retirees is its incredibly low cost of living. Compared to many other European destinations, the cost of living in Saranda is significantly lower, making it an attractive option for those who are looking to stretch their retirement savings. For example, a three-course meal for two people in a nice restaurant can cost as little as 20 euros, while a monthly grocery bill for two people can be as low as 100-150 euros.
WARM CLIMATE
Another big draw of Saranda is its warm climate. With over 300 days of sunshine a year, Saranda is a great place to spend your golden years. Whether you enjoy relaxing on the beach, taking long walks, or simply soaking up the sun, you’ll find plenty of opportunities to do so in Saranda. The warm climate also makes it an ideal location for outdoor activities, such as hiking, biking, and swimming.
BEAUTIFUL SCENERY
Saranda is surrounded by some of the most stunning scenery in the world. From the sparkling waters of the Adriatic Sea to the rolling hills of the Albanian Alps, there’s always something beautiful to see in Saranda. Whether you’re a nature lover or simply looking for a peaceful and relaxing environment, you’ll find it in Saranda.
FRIENDLY COMMUNITY
Another great aspect of retirement in Saranda is the friendly and welcoming community. Albania is known for its hospitality, and this is especially true in Saranda. The people are warm, friendly and always eager to help, making it easy for newcomers to feel at home. Whether you’re looking to make new friends, join a local community group or simply enjoy a quiet and peaceful lifestyle, you’ll find it all in Saranda.
VERY GOOD HEALTHCARE
Healthcare is another important consideration for retirees, and Saranda has a lot to offer in this area. The city has several modern medical facilities, including hospitals, clinics, and pharmacies, all of which are well-equipped to handle a variety of medical needs. The healthcare system in Albania is improving all the time, and it’s becoming an increasingly attractive destination for medical tourism.
PLENTY TO SEE AND DO
Despite its relaxed and peaceful atmosphere, Saranda is far from being a sleepy town. The city is home to a variety of attractions and activities, including museums, historical sites, and cultural events. Whether you’re a history buff, a foodie or simply enjoy exploring new places, you’ll find plenty to see and do in Saranda.
For those who enjoy a more active lifestyle, there are also plenty of opportunities for sports and recreation. From swimming and beach volleyball to hiking and biking, you’ll find plenty of ways to stay active and healthy in Saranda.
WHO CAN RETIRE IN SARANDA?
Anyone can retire in Saranda, Albania, regardless of nationality or country of origin. There are no restrictions on who can live in Saranda as a retiree. However, it is important to note that, like in any other country, you will need to comply with local laws and regulations regarding residency and visas.
The exact process for obtaining a visa and retiring in Albania can vary depending on your nationality and the type of visa you need. In general, however, the following steps outline the process for obtaining a visa in Albania:
Determine the type of visa you need: If you plan to retire in Albania, you will likely need a long-term visa or residency permit.
If you own an apartment in Albania then you can take a residency permit at the police station in a few days which is the most reliable and easy way to go. For a long-term visa then you have to consider the information below.
Gather the necessary documentation: Depending on your situation, you may need to provide proof of financial stability, a health certificate, and a criminal background check, among other documents. It is important to check the specific requirements for your type of visa and the Albanian Embassy or Consulate in your country of residence.
Apply for the visa: You can either apply for a visa in person at the Albanian Embassy or Consulate in your country of residence, or you can apply online through the Albanian Ministry of Foreign Affairs website.
Pay the visa fee: The fee for a visa or residency permit in Albania can vary depending on your situation (it is cheap however), so it’s important to check with the Albanian Embassy or Consulate for the most up-to-date information.
The processing time for a visa in Albania can take several weeks, depending on your situation. You will be notified of the outcome of your application once a decision has been made.
WHAT HAPPENS TO MY PENSION IF I RETIRE IN SARANDA, ALBANIA?
The impacts on your pension will depend on your country of origin and the agreement it has with Albania regarding pensions.
In general, if your country has a bilateral social security agreement with Albania, your pension will continue to be paid by your country of origin, and you will be able to receive your pension in Albania just as you would if you were living in your home country. If your country does not have a bilateral agreement with Albania, you may be able to receive a pro-rated pension based on the number of years you worked and contributed to your pension plan in your home country.
It is important to check with your pension provider or government to determine the specific impact on your pension if you retire in Saranda. Additionally, it is recommended to consult with a financial advisor to understand the tax implications of retiring in Albania and to ensure that your retirement income is sufficient to support your lifestyle in Saranda.
ARE THERE HOUSES FOR SALE IN ALBANIA?
You’ve come to the correct place if you’re looking for a house for sale in Albania. We have a wide choice of properties available, including property for sale in Saranda, Albania city center, residences with sea views, and houses in more isolated and quiet areas. Our team of professionals will assist you in finding the ideal home for your requirements and budget.
Please, simply click here to visit our Contact Us page.
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