Best Places In The World To Retire

No, you do not need to renounce or relinquish your US citizenship and No, you don't need tdo get a dual citizenship to move or live abroad.  I am still a Canadian Citizen and Resident who now holds a Panamanian Residency Visa.  As a US citizen you can do the same.  Dual passports is another story for a US citizen but you do not need a passport in Panama to live here permanently.  As a Canadian you can have multiple passports and many do.

No, you do not need to renounce or relinquish your US citizenship and No, you don't need tdo get a dual citizenship to move or live abroad.  I am still a Canadian Citizen and Resident who now holds a Panamanian Residency Visa.  As a US citizen you can do the same.  Dual passports is another story for a US citizen but you do not need a passport in Panama to live here permanently.  As a Canadian you can have multiple passports and many do.

If you move your residency to Portugal, under Portuguese law you are liable to pay taxes in Portugal. Portugal has signed treaties to prevent double taxation with 71 countries (including most European Countries, United States and Canada) that assure its citizens and residents the protection against being taxed in more than one country.
 
If you move your residency to Portugal you may be entitled to benefit from the Non Habitual Resident Regime that allows you to obtain tax...

If you move your residency to Portugal, under Portuguese law you are liable to pay taxes in Portugal. Portugal has signed treaties to prevent double taxation with 71 countries (including most European Countries, United States and Canada) that assure its citizens and residents the protection against being taxed in more than one country.
 
If you move your residency to Portugal you may be entitled to benefit from the Non Habitual Resident Regime that allows you to obtain tax exemptions on several types of income earned aboard such as pension income, dividends, interests, etc.
 
I cannot expand on the Foreign Earned Income Exclusion available to US taxpayers as I am not expert in US tax regulations.  If you are a US taxpayer I recommend that you ask your tax expert about the Foreign Earned Income Exclusion, and how it could be combined with the Portuguese Non Habitual Resident Regime in order to give you the best outcome.

 

(View of the rooftops and the  seaside from The Blue Boutique Hostel and Suites, Estoril, Portugal, pictured.)

Nicaragua has a rich and interesting culture; its culture is the result of a mix among natives, Spaniards, and Africans hundreds of years ago. However, the culture in Nicaragua has evolved and there have been some variations in its traditions, gastronomy, national dances, and music.

 

Nicaragua is a Catholic country with multiple religious festivities all year; among them are the December celebrations to the Virgin named "Purisimas", Christmas Eve on...

Nicaragua has a rich and interesting culture; its culture is the result of a mix among natives, Spaniards, and Africans hundreds of years ago. However, the culture in Nicaragua has evolved and there have been some variations in its traditions, gastronomy, national dances, and music.

 

Nicaragua is a Catholic country with multiple religious festivities all year; among them are the December celebrations to the Virgin named "Purisimas", Christmas Eve on December 24th, New Year's Eve on December 31st; Holy Week, Cities Patrons Saints celebrations, and more.

 

Nicaragua’s gastronomy is delicious. The most known dishes are the famous Gallo Pinto (fried rice and red beans), Quesillo (special cheese in a tortilla with cream and chopped onion), Vigorón (yucca, chicharrón, and cabbage salad), Nacatamal (boiled dough with rice, meat and vegetables), Rosquillas (corn dough appetizers or snacks), and much more.

 

Dances and music are entertaining and splendid; they vary depending on the zone (Pacific, Central, or Atlantic Zone). In the Pacific, music is composed by flute and drums; dancers wear Spanish clothing. In the Central Region, famous dances are the “polcas” and “mazurcas”. The Caribbean Region is best known for its “Palo de Mayo”, dance of African influence.