What do I need to know before retiring in Portovenere?

When we asked people what advice they would give someone preparing to move to Portovenere, they said...

"Portovenere, is a picturesque coastal town that offers a tranquil and relaxed lifestyle, making it an ideal retirement destination for expats. Before making the move, there are several things you should know. Firstly, understanding the Italian language is crucial for a smooth transition. While some locals may speak English, many do not, especially the older generation. Therefore, learning basic Italian phrases or taking a language course can be beneficial. Secondly, the cost of living in Portovenere is relatively high compared to other Italian towns. This is due to its popularity as a tourist destination and its location on the Italian Riviera. You should ensure that your retirement budget can accommodate this. Thirdly, healthcare in Italy is of a high standard. However, it's important to note that while EU citizens can access the public healthcare system, non-EU citizens will need to secure private health insurance. Next, the Italian lifestyle is laid-back and leisurely, which can be a significant change if you're used to a fast-paced lifestyle. Shops may close in the afternoon for siesta and dining is often a long, relaxed affair. Additionally, you should be aware of the Italian tax system. Italy has a double taxation agreement with many countries, which means you won't pay tax twice on the same income. However, it's recommended to consult with a financial advisor to understand your tax obligations. Lastly, it's important to understand the property market in Portovenere. While it's possible to find affordable housing, waterfront properties can be expensive. It's advisable to rent before buying to get a feel for the area and understand the local market. In conclusion, retiring in Portovenere, Italy, can offer a relaxed, picturesque lifestyle. However, it's important to understand the language, cost of living, healthcare system, lifestyle, tax system, and property market before making the move," said a member in Portovenere, Italy.

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