Gobble, Gobble, These Countries Will Tax You to Death
10. South Korea
Potential retirees: fuhgeddaboudit. South Korea doesn’t offer visas to retirees, which is a shame since the country is vibrant, multicultural, and not that expensive to live in. Its highest tax rate is 53.40%. But, if you’re seeking a year or two abroad, especially as a teacher, you’ll be able to get by for much less, especially if your school underwrites housing costs. The overall cost of living in South Korea is lower than in the U.S.
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