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Can I retire to London on $40,000/yr

2.6K views 15 replies 5 participants last post by  zaphod  
#1 ·
I know it's a forlorn hope, but I thought I would just ask. Thank you.
 
#2 ·
In a shared house/apartment in a not very central area - sure.
 
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#4 ·
Oooohhhh.... I saw the Italian flag and thought the poster was already living in Italy ....

but of course, if not, European, then no hope.
 
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#7 ·
Panama will accept retirees as long as they can demonstrate income of $1000/month if single, $1250/month if a couple. And that is not an unrealistic budget, though you'll be in a more prosaic accommodation and not a penthouse with a pool.
 
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#9 ·
What is your close connection to the UK?
 
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#12 ·
Hi, Pallykin: I am a literature teacher with a lifelong love and admiration of the culture, the language, the humor, and the aspirations. London is one of the premier cultural centers on the globe. Finally, I have one or two friends in the U.K., though not in London.
 
#14 ·
In short no. You need to qualify for some other long-term visas - all of them difficult, like having millions to invest, being married to a British citizen, genuine refugees fleeing from persecution. There is employment visa but as retiree presumably you don't want to work and in any case it's very difficult to qualify for one as you need sponsorship and you really need to be in shortage occupation (goggle for a list).
Some other EU countries are less restrictive to retirees, and people have successfully applied for retirement visa in Italy, Spain etc.
 
#15 ·
There is no need to start another thread. You need to qualify for a visa just like anyone else and your options are limited. Tier 1 investor or entrepreneur with lots of money to invest in or start a UK business, Tier 2 work visa, student visa, or spouse visa. Visit visas are limited to 6 months at the discretion of the immigration officer and you must show strong ties to the U.S.
 
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