Best Places to Retire Overseas
You can retire to a place with better weather, stunning surroundings, and a healthier lifestyle...for much less than you think.
When it comes to retirement, some of us have learned that it needn’t be a struggle. There are ways to live well on a retirement income.
You can retire to a place with warmer weather, a better quality of life, less crime, more cultural activities, healthier and less-expensive food, better and less-expensive health care…and you can do it for $2,000 a month or less, all in.
Here at International Living, we have been researching and reporting on the world’s best locations to retire for more than 30 years. Places where the opportunities far outweigh any risks or challenges, and you’ll find a better quality of life than you ever imagined was possible.
We’ve done the research for you. Every January we release our Annual Global Retirement Index. We ask our editors from around the world to rank and rate the best places in the world to retire. From Europe to Latin America, there are places in the world where you can make your retirement dreams a lavish reality for a small fraction of what a comparable lifestyle would cost you back home.
See below for more articles on the best places to retire—and learn more about destinations where health care is affordable and good, living costs are lower, property is a bargain and the retirement benefits are top-notch.
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When planning your retirement overseas, many factors come into play. Low costs, real estate, and healthcare are some of the main concerns…but what about being able to mix well with the community or make friends with the locals? Being able to integrate well will help ensure that you feel at home in your new home. Do the locals speak English or do you speak the local language? Is the community welcoming to expats? Are there groups and clubs available to join?
Cost of living can be a major concern for people on fixed pension, annuity, and other retirement income sources. In International Living’s 2016 Global Retirement Index, three countries stand out from the top 23 retirement locations in the world as having the best cost of living:
As healthcare costs and complexity in the U.S. continue to spiral upward, more and more retirees are asking, “Can I get high-quality healthcare for less if I move overseas?” The simple answer is yes. The Healthcare category of the 2016 International Living Global Retirement Index ranks the healthcare systems of the 23 most popular retirement locations abroad.
In the right places beyond our borders today, you’ll find you have more good choices than ever for a comfortable—even a pampered—retirement. In International Living’s 2016 Global Retirement Index, three countries stand out from the top 23 retirement locations featured in the Index, as having the lowest cost of living in the world:
Panama takes the top spot in InternationalLiving.com’s 2016 Annual Global Retirement Index. Months of research goes into compiling this Index and InternationalLiving.com’s editors are helped by their large team of expat contributors based around the world, who help collect the data and offer input used to identify, rank, rate, compare, and contrast the very best retirement destinations in the world.
It’s that time of year again…International Living’s Annual Global Retirement Index is hitting the presses. And in the top spot: Panama. I should say: Panama again. Because this tiny powerhouse has topped this index more times than any other country. (International Living’s first Annual Global Retirement Index was published in 1992.)
Retiring abroad is easier and more affordable than ever before. These days it really is possible to spend your days relaxing beneath palm fronds on a Caribbean beach, enjoying farm-fresh produce in a mountain haven with year-round spring weather, or wandering the storied streets of a historic and cultured European city…or all of the above. But with so many choices available, finding the right one can seem daunting.
“We’re healthier and living a better lifestyle here than we ever did in the U.S.,” says expat Mitzi Martain, who has lived on her farm near Santa Fe, Panama for nearly nine years now. “And our Social Security income covers all our monthly expenses.” Mitzi and her husband Bill are two of the approximately 50,000 U.S. expats who have found their piece of paradise in this year’s winner—Panama.
The retire-overseas experts at InternationalLiving.com are looking for somebody interested in living abroad to spend a month or more in one of their top-rated retirement havens and report on the experience. The prize includes a round-trip flight plus $5,000 in spending money. “We ask that the winner spend a minimum of a month abroad…but a longer stay is fine. The winner can choose to explore just one country…or to travel to more than one. The $5,000 is the winner’s to spend as he or she likes,” says Jennifer Stevens, InternationalLiving.com’s Executive Editor.
In International Living’s Annual Global Retirement Index 2015, we ranked and rated the 25 best retirement havens in the world. You can stretch your dollars in any of them and live better than you can back home—for less. But the ﬁve below offer the lowest cost of living and come out on top in the Cost of Living category in the Index.
Living in a sunny, low-cost, laidback destination overseas doesn’t mean that you have to forego good healthcare. In fact, in many countries abroad, the healthcare you’ll enjoy is second to none…and more affordable than you’ve ever dreamed possible. Below are the five countries which received the top scores in the healthcare category of International Living’s Annual Global Retirement Index 2015.
For their 2015 Annual Global Retirement Index, InternationalLiving.com’s editors and correspondents spent months researching, surveying, and collating the data on the best places to live in the world…a task that included identifying the best climates worldwide. The Climate category in the Index assessed the hard data of temperatures, rainfall and humidity, and also the comfort level of each destination’s climate. “It’s difficult to quantify and qualify a ‘perfect’ climate,” says Suzan Haskins, senior editor at InternationalLiving.com.
Panama, Ecuador, Belize and France offer the best retiree benefits in the world, according to International Living’s just-released annual Global Retirement Index 2015. In a bid to entice expats, these countries have assembled attractive benefits packages, which offer huge savings for foreign retirees on everything from travel to utility bills to medication. Topping the “Retiree Benefits and Discounts” category in the Index is Panama, which offers the best incentives for retirees in the world.
Gray skies…dark mornings and evenings…and inches of snow covering your driveway… Those don’t need to be a fact of life. For the 2015 Annual Global Retirement Index, our editors and correspondents spent months researching, surveying, and collating the data on the best places to live in the world…a task that included identifying where you can find the best climate in the world. The “Climate” category assesses the hard data of temperatures, rainfall and humidity, and also the comfort level of each destination’s climate.
When looking at great retirement destinations overseas, low costs and cheap real estate may be well and good, but you need to feel at home. How easy it is for expats to integrate into each country? Do the locals speak good English or do you need to speak the local language? Are the locals welcoming and friendly toward expats, and is there an existing expat community with lots of groups and clubs to join? Whether it’s through shared passions, shared learning experiences or volunteering, the easiest way to become part of a community or acquire a friendship network is to get involved in an outside-the-home activity. This will help tremendously with integrating.
International Living’s just released Annual Global Retirement Index 2015 highlights the best places in the world to retire. This Index ranks the top 25 countries in the world for retirement in eight important categories. There are many perks available to retirees when you move overseas and one of the eight categories weights Special Benefits for Retirees. These special retiree benefits will help you save big. See below for the benefits you’ll receive in Panama, Ecuador, Belize and France—all four countries topped the Index in this category.
From the quaint town of Cotacachi to the vibrant capital, Quito, from Salinas by the sea to the peaks of the Andes, Ecuador’s diversity is a key part of the massive appeal that sees it regain the coveted top spot on this year’s retirement index. Although prices have risen slightly in recent years, Ecuador’s real estate is still the best value you’ll find anywhere. This is bolstered by the generous array of benefits the government has afforded to retirees. Over-65s get discounts on flights originating in Ecuador, as well as up to 50% off entry to movies and sporting events. Discounts are also available on public transport (50%) and utilities, with the option of a free landline if you purchase a property.
Ecuador takes top spot in this year’s Annual Global Retirement Index. Every year, International Living releases this Index after months of research. With the assistance of dozens of expats and experts around the world…data is collated and numbers are crunched…to identify the very best retirement destinations in the world in 2015. Using input from our team of correspondents on the ground all over the world, we combine real-world insights about climate, health care, cost of living, and much more to draw up a comprehensive list of the best bang-for-your-buck retirement destinations on the planet. Twenty-five countries made it on to the list this year, and Ecuador gets the highest score.
Less than a week after its official release, The International Living Guide to Retiring Overseas on a Budget—the definitive guide to living a happier, healthier, more affordable life abroad— has claimed top rankings in two of Amazon’s financial book categories—Retirement Planning and Personal Finance.
Whatever you see on our leader board, just remember, we measure here only the very best havens. So the country last on our list—newcomer to the Index Cambodia—is still one of the best in the world. In each of these destinations, you’ll find thousands of folks who have already found their dream retirements. You can too, and this 2014 Retirement Index is designed to get you started. It covers all the bases, revealing a wealth of choice when it comes to a comfortable life overseas…
For many years now, we’ve contributed to International Living’s annual Global Retirement Index. It’s a ranking of the 24 countries that International Living editors feel offer the best potential for anyone considering moving abroad for a more affordable or adventurous retirement.
InternationalLiving.com’s annual Global Retirement Index 2014 profiles the best destinations for good-value living around the world today. The Index considers not only a wealth of statistics, but—critically—more than three decades of expertise and current insights from a network of correspondents around the world.
Health care overseas is more affordable than in the U.S. You will pay less for high-quality health care overseas and these countries are three of the best according to International Living’s Annual Global Retirement Index 2014.
International Living has just released its Annual Global Retirement Index for 2014. This Index ranks the top 24 retirement havens in the world across 8 important categories. This year, Panama has come out on top as winner of the Index and gains the title of being the best country in the world for retirement.
Integration into your new community is very important. When you move overseas, you want to know that you will be accepted into the community and make new friends quickly, which will in turn make the transition between countries and cultures easier.
From special discounts to front-of-line privileges, the respect for elderly citizens and residents shines through in these three countries, ranked best in the world for retiree benefits in International Living’s Annual Global Retirement Index 2014.
When moving overseas you may be worried about seeing your family back home or saving your money to get to the U.S. when you need to. However some countries offer discounted airfare to retirees—which will lower your travel costs.
Tired of shoveling snow, braving the torrential rain or wrapping up against the bitter cold? If so, check out these top three places to retire for a better climate as ranked in International Living’s Annual Global Retirement Index 2014. With a perfect score of 100 and for the second year in a row, Ecuador comes out top in the Climate category and is the overall runner up in this year’s Global Retirement Index. Lying directly on the equator, it enjoys 12 hours of direct equatorial daylight 365 days a year.
Whether you are looking for a home on the coast, on an island or in a colonial city, these three countries have the best value real estate. If your dream home includes a pool, a big back yard in which to swing from a hammock in the sun, a place close to the beach where you can snorkel, relax with a good book or watch the sunset…rest assured, you can have it—because your real estate dollar stretches further overseas. You can buy a superior property in a better location for the same amount or less than you would spend on a home in the U.S.
I’ve lived in Panama for the past eight years and the country has always been a winner in my book. International Living ranked Panama the best retirement destination in the world well before the mainstream press caught on. In fact, it took the number one spot in IL’s Annual Global Retirement Index not once or even twice, but seven times in a row. This year, it takes the top spot again in the Index as the best place in the world to retire.
We all dream of giving up the rat race, packing our belongings, and moving some where warm and sunny, but why wait until you retire? Moving overseas can be a big decision, even bigger when you have children—but the benefits that make living abroad a good thing for adults are similar to those that make it a good thing for kids. A lower cost of living, healthier lifestyle, varied life and cultural experiences…they all benefit your child’s life in some way. Here are some of the best places to retire for families.
International Living’s Annual Global Retirement Index 2014 has just been released, detailing the top 24 countries in the world to retire to. In the Special Benefits for Retirees category in the Index, we consider whether retirees get a good deal for health care, importing goods, entertainment, airfare, utilities, tax rates, residence and more. Panama, Ecuador and Costa Rica have topped the list in this category.
Accurately scoring the world’s top retirement locations is a complex process. So, we’ve broken down each of our categories to give you a “behind the curtain” look at how we put the Index together.
A low cost of living is one of the most important factors for retirees who move overseas. You can live a richer life overseas, probably for what you’re currently spending at home (or even less). Here are some of the top places where the cost of living is low, and the quality of life is high, according to International Living’s Annual Global Retirement Index 2014.
Buying real estate overseas is different in each country as they all have their own laws and rules to abide by. But once you have an in-country attorney the process should be straightforward. In International Living’s annual Global Retirement Index 2013 we took real estate into consideration when coming up with the best places to retire overseas.
Many countries overseas provide retirees with special benefits, but the two that have taken the top spots in our Annual Global Retirement Index 2013 really take care of their retirees. For retiree benefits, Panama holds top place, as our Panama editor, Jessica Ramesch reports in this year’s Retirement Index.
Your quality of life could vastly improve if you retire overseas…and you could spend much less than you ever thought possible. In IL’s Annual Retirement Index 2013, 23 countries are covered ranking the best destinations to retire overseas today. Cost of living is one of eight categories in this Index and is an important factor for many who are considering overseas retirement.
Health care can be expensive no matter what age you are but when you reach retirement, it is one thing that you don’t want to worry about. According to International Living’s Annual Retirement Index 2013, below are three of the best places in the world for health care.
First-World cities packed with ultra-modern amenities, and ancient vineyard-shrouded hill towns close to tropical beaches and mountain valleys. Among the top retirement spots in the world this year, you’ll find great variety in the cultural offerings, climates and lifestyles. Each destination is desirable in its own way, but they all offer something increasingly hard to come by at home: A good quality of life for a reasonable price.
Many places all over the world have great climates, but those that took the top three spots in our Annual Retirement Index 2013 are three of the best. The country taking the number one spot not just in the climate category but overall in the Retirement Index lies directly on the equator. It enjoys 12 hours of direct equatorial daylight 365 days a year.