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Joined 2 years ago
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Cake day: June 15th, 2023

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  • where they are stuck picking up the tab for people who never contributed to the local economy and are now draining it of resources

    Pensions in the EU are entirely different from how it works in the US. I don’t know how it is there, but here it is the nation you worked in that coughs up the pension money. Additionally, from what I’ve heard from retirees who did move to Spain, they have to pay income tax on their pensions to the Spanish government which means that these people would actually be contributing to the state coffers similarly to someone who was working. So, in other words you have money coming in from abroad, being contributed in taxes and spent on goods & services locally, boosting the economy.

    Besides, the people who can afford to move abroad for retirement usually are the wealthier sort, so not the burden you make it out to be.