(Image credit: Getty Images) Locations in five countries in Europe are offering financial incentives to new residents meeting specific qualifications, according to a report from InternationalLiving.com . The countries — including Italy, Spain, Greece, Ireland and Portugal — have available grants, subsidized housing or long-term tax incentives that can meaningfully reduce the cost of relocating abroad when paired with the right visa. “For retirees, these incentives can meaningfully reduce the upfront cost of starting a new life overseas,” says Jennifer Stevens, executive editor of International Living. “Whether it's a tax break in Italy or Greece, a housing refurbishment grant in Ireland, or relocation support in Portugal, these programs can help stretch retirement savings further.” But, as the report makes clear: Make sure you understand the details before moving. Because there's always a catch. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed investor.…