Rent for $500 a Month in the European Country With Year-Round Sunshine

The country with the best weather in Europe according to our 2017 Global Retirement Index has proven itself a huge draw for retirees—it’s an especially popular retirement spot for other Europeans thanks to its sunny yet varied climate, which ranges from cool and moist in the north, to hot and dry in the south.

The Insider Travel Network Bringing You the Best Overseas Intelligence

Here at International Living we’re very much a global family. One that’s spread out around the world…across four continents, actually. Our correspondents and editors—who are always on the move, scouting out new locations and revisiting old favorites—are our eyes and ears in the world’s best retirement havens. And like any good family, we’re in constant contact with each other.

The “Mistake” That Turned into a Happy Life in Panama

“In March 2003 I came on a relocation-type tour of Panama,” says Penny Barrett of her decision to move to the Panama highland town of Boquete. “It was our last stop and I fell in love with it...compared to Michigan winters, it’s like heaven.” Renowned for its year-round, cool, spring-like weather, Boquete sits in a mountain valley surrounded by verdant jungle. It’s an outdoor-lovers paradise, home to hiking, rafting, and exotic birds and butterflies.

A Fantastic Retirement For $1,500 a Month in Cambodia

“The cost of living here is so low that my bills only total around $1,200 a month, without having to budget,” says Brett Dvoretz, who lives in one of the country’s most popular beach towns. “I eat out wherever and whenever I want; a drink runs you $2, and I can have a fresh-cooked meal at a restaurant for as little as $2.50.” Steven King has lived in Phnom Penh, Cambodia’s capital, since 2006, after being attracted by the country’s exotic charms as well as by its fantastically low cost of living.

A Low-Cost, Healthy Retirement in Cuenca, Ecuador

"My husband and I were happily living in Arizona in a retirement community when, in 2008, everything changed,” says Patty Grimm. The financial crisis dealt the couple a heavy blow, and they no longer felt they could live the same quality of life on their retirement income. “We knew that if we wanted to keep our nest egg, we’d have to look outside of the U.S. to live.”