If you are looking forward to retire in a sunny country in a relaxed environment, why not turn to Tunisia? Find out how to proceed in this article.
Sun, a relaxed lifestyle, traditional souks, incense, modernism, an effective health system... All these are awaiting you if you are planning to retire in Tunisia. Indeed, the country has been attracting foreign retirees from across the world since many years. There are of course some conditions to be met and formalities to complete if you are planning to move there but these should not be too complicated.
First of all, you are required to notify your home country's retirement pension fund regarding your intention to relocate in Tunisia while indicating your new address. You can thus travel to Tunisia with a valid passport and identity card. Once you are on the spot, you will have to apply for a visa and resident card at the Tunisian Ministry of Internal Affairs or at the nearest police station to your place of residence. The following documents are to be produced:
- a lease contract
- a copy of your passport
- two passport-size identity photos (it is best to get these done in Tunisia according to local standards)
- 2 tax stamps (costing 10 dinars each)
- proof of regular deposits on your Tunisian bank account.
Note that these documents have to be certified in Tunisia.
You are advised to open a dinar account in a Tunisian bank. Moreover, it is best to keep your bank account in your home country open so that you can make bank transfers. A minimum bank transfer of 400 euros per month is required.
As a Mediterranean country, Tunisia experiences a pleasant climate with mild winters and particularly warm and dry summers.
Cost of living
The cost of living in Tunisia is rather lower than that of many European countries. You will thus enjoy a pleasant lifestyle, whether with euros or dollars.
Make sure to inquire whether your home country has signed any tax agreement with Tunisia. You can thus be entitled to non-double taxation. In some cases, expatriates are entitled to reductions or allowances on their taxable income.
If your home country has a social security system, you will no longer be taken into account. You will then have to subscribe to a private health insurance. However, you should inquire whether Tunisia has signed any agreement in this regard with your home country.
Note that Tunisia has many qualified and competent doctors as many of them have been trained abroad. Indeed, medical tourism is quite common in the country.
Laws and agreements with Tunisia generally vary from one country to another. Therefore, it is best to inquire about these with legal authorities in your country before planning your retirement, especially in terms of pensions, health care and taxation.