Retire in Comfort: Comparing Top Retirement Visa Destinations 

Retiring abroad has moved from dream to reality for many people seeking better quality of life, cultural diversity, and financial stability. With several countries offering dedicated retirement visas, retirees now have real opportunities to settle abroad with security and peace of mind. 

In this article, we compare three of the most attractive destinations for retirement visas — Brazil, Portugal, and Thailand — with a special focus on Brazil as a rising favorite.

Whether you’re a foreigner considering Brazil or an American looking into Portugal, we’ll break down the benefits and visa options of each destination. 

Brazil: A Retirement Haven with Comfort and Simplicity 

If you’re looking for natural beauty, vibrant culture, and an affordable healthcare system — without the bureaucracy and high financial barriers — Brazil offers one of the most straightforward retirement visa processes in the world. 

Known as the Permanent Visa Based on Retirement Income, this visa grants permanent residency to foreigners who receive a minimum pension income of around $2,000 USD/month, plus an additional amount per dependent. Unlike many other countries, there’s no requirement to purchase property or make large investments. 

Why Brazil appeals to retirees: 

• Access to both public healthcare (SUS) and quality private insurance; 

• A wide variety of climates and lifestyles — from tropical beaches to mountain towns; 

• Low cost of living compared to North America and Europe; 

• Warm, welcoming communities and growing expat hubs; 

• Temporary residence from the start, with the possibility of converting to permanent residency after two years. 

The application can be submitted either at a Brazilian consulate or directly in Brazil, and processing tends to be smooth with proper legal support. This is where professional guidance can make all the difference. 

At BFA, our team supports retirees throughout the entire process — from confirming eligibility to assembling documents and dealing with Brazilian authorities. 

Portugal: A European Gateway with Lifestyle Appeal 

Portugal remains a top retirement destination for Americans and EU citizens, and it’s easy to see why. With its mild climate, excellent healthcare, low crime rates, and vibrant cultural life, it offers an ideal setting for a peaceful retirement. 

Through the D7 visa, retirees with passive income — such as pensions — can apply for long-term residency, which may eventually lead to permanent residency and citizenship. 

Key considerations: 

• Applicants must present proof of stable passive income, accommodation in Portugal, and valid health insurance; 

• The minimum income required is equivalent to Portugal’s minimum wage, currently set at €870/month (as of 2025, subject to annual updates); 

• For accompanying dependents, the income requirement increases: 

• +50% of the minimum wage for each additional adult (e.g., spouse, adult children, or parents over 65); 

• +30% of the minimum wage for each child under 18; 

• The application process must begin in your home country, with an in-person appointment. 

In both the United States and Brazil, visa applications for Portugal are handled by VFS Global, the official partner of the Portuguese consular network. VFS is responsible for managing appointments, receiving documents, and forwarding applications to the consulate. 

While the financial threshold is lower than in countries like Brazil, it’s important to keep in mind that living costs in Portugal have been rising, and visa processing delays have become more frequent due to high demand. 

At BFA, we offer full legal support for your D7 visa process. As attorneys officially registered with the Portuguese Bar Association, we provide hands-on guidance throughout your application and can also assist with legal matters once you’re living in Portugal. 

Although we are based in Brazil, we understand the Portuguese legal and cultural environment deeply — and we know how to offer a level of personalized, attentive service that many clients feel is missing in local interactions. This sensitivity, combined with our legal expertise, allows us to bridge expectations and deliver a truly supportive experience. 

Thailand: Tropical Affordability with Strict Controls 

Thailand’s Non-Immigrant O-A visa allows retirees aged 50 and over to live in the country for renewable one-year periods. It’s known for its low cost of living, warm weather, and rich cultural experience — but the visa comes with strict conditions. 

Main requirements include: 

• Proof of funds in a Thai bank account (at least 800,000 THB, or ~$22,000 USD); 

• Annual medical check-ups and background clearance; 

• No clear path to permanent residency in most cases. 

While Thailand remains a budget-friendly and attractive destination, frequent policy changes and a lack of long-term stability make it less appealing for those seeking a permanent or secure retirement solution. 

Why Brazil and Portugal Lead the List 

Both Brazil and Portugal offer something many retirees value most: a true sense of belonging. Whether you’re drawn to Brazil’s joyful spirit and natural beauty or to Portugal’s European lifestyle and proximity to other EU countries, these countries provide legal frameworks that support long-term settlement and integration. 

Both Brazil and Portugal offer something many retirees value most: a true sense of belonging. Whether you’re drawn to Brazil’s joyful spirit and natural beauty or to Portugal’s European lifestyle and proximity to other EU countries, these countries provide legal frameworks that support long-term settlement and integration. 

• Brazil grants temporary residence from day one, with the possibility of applying for permanent residency after two years; 

• Portugal opens the door to EU residency and citizenship, with the right support and planning. 

And in both cases, BFA can help you make the move with clarity and security — because we understand the legal systems, speak your language, and work exclusively with foreign nationals planning their next chapter abroad. 

Ready to Plan Your Retirement Abroad? 

BFA specializes in supporting retirees throughout the visa process for both Brazil and Portugal. Our legal team provides step-by-step assistance, personalized strategy, and full documentation support — so you can start your new life with peace of mind. 

Let’s make your retirement plans a reality. 

Contact BFA today and take the first step toward your future in Brazil or Portugal.