If you have always been curious about the best places to retire abroad, I will give you the best choices. let’s face it, if there were the perfect spots to match the needs of every retiree, deciding where to live in your retirement would be a piece of a cake.
But the reality is that what might be the dream location of every retiree. So, what is your idea for a dream retirement? yoga on the beach at sunrise? good conversation with friends, or a lively city with friendly locals and deep historical roots? your dream can be reality there’s a literal world of possibilities. affordable and high-quality health care? a luxury apartment by the ocean?
Here I gave you the best choices, based on the 2020″Annual Global Retirement Index” by International Living, I hope that you find this useful!
Retirement abroad can be a cost-effective option for your golden years, as many foreign countries have lower costs of living than the U.S. And it’s not as risky or unconventional as you might think.
The social security administration sent checks to nearly 700,000 retirees living abroad as of December 2019. Truly speaking, not all destinations are ideal.
That’s why each year, International Living complies its Annual Global Retirement Index and spotlights the best places to retire abroad based on many factors, including the cost of living and housing, health care, development, climate, and perks for older residents. Here are 10 best places to retire abroad in 2020, according to the latest index.
Mexico in fourth. Which costs $1,500 to $3,000 based on your area.
Mexico always features among our top 10 destinations in the index, and usually among our top five. It’s home to more North American ex-pats than any other country in the world. And no wonder.
Mexico offers diverse geography, with everything from white-sand beaches to high-mountain colonial cities. Its climate ranges from moist, tropical heat to dry desert and everything in between. It is rich in casual beach towns.
Vibrant Spanish colonial cities, and small country villages. Low prices, friendly people, and a laid back lifestyle are also found here.
In the top spot in Portugal, where the comfortable living can be had for a monthly fee of just $2,500.
Portugal located on the western coast of the Liberian peninsula, Portugal is one of Europe’s most visited countries due to its idyllic climate, affordable travel costs, and exceptional attractions.
Portugal’s varied geography ranges from the verdant mountains and vineyards of the North to the glamorous beaches of the Algarve along the southern coastline.
Also belonging to Portugal but lying in the Atlantic Ocean are the archipelagos of Azores and Madeira, known for their lush landscapes and flower gardens.
Here are the best places to visit in Portugal: Coimbra, The Azores, Aveiro, Evora, Porto, Madeira, Sintra, Obidos, Algarve.
The second place is Panama, where it is slightly more at just $2,600.Besides being close to the U.S. (making travel easy), Panama uses the American dollar, So you’ll have no worries about currency fluctuations.
What’s more, Panama offers a wide range of options for becoming a legal resident, and its top-notch medical care is highly regarded. Also, it has warm weather year-round, beautiful beaches, beautiful mountains. No major natural disasters.
Costa Rica takes third place with its $ 2000 price tag. His also known as the “Switzerland of Central America “thanks to its neutrality, safety, and stable banking system.
The locals are warm and welcoming, living according to the Pura Vida lifestyle. There’s a rich outdoor culture with diving, fishing, plenty of hiking, yoga, and other healthy activities.
Moreover, the country boasts a progressive government and is LGBTQ +friendly. Here are the top five places to visit in Costa Rica: Tortuguero, Monte Verde, La Fortuna (Arenal), Sara pique, Manuel Antonio.
In the fifth place in Colombia which has been in a massive increase in tourism and travelers in the past 10 ten years making it one of the best, most affordable and exciting places in the world.
It costs $1,030 to $2,720.It is the second-most biodiverse country in the world, there’s an environment to suit just about anyone’s preference, from warm beaches to temperate mountain communities.
Even big cities have a small-town feel because of the friendly, welcoming locals. Here are five favorite places in Colombia:
1.Santa Fe de Antioquia.
2.Town of Salento.
3.The twin towns of Santa Marta, and Taganga.
Take the sixth place with $1,800.
Ecuador is one of the most fascinating nations in South America. Bordered by Colombia, Peru, and the Pacific Ocean and no larger than most U.S. states, this beautiful country attracts climbers, trekkers, adventurers, and nature lovers to its lush, ecologically important forest; wildlife watchers to its famous Galapagos Islands; and sun-seekers to its pristine tropical beaches.
Here are the best places to visit in Ecuador:
1.The Galapagos Islands.
3.Playas and Puerto el Morro.
5.Cotopaxi and Cajas National Park.
6.Nariz del Diablo: The Devil’s nose.
Malaysia is home to hundreds of white with costs about $1,800.
It is a vibrant multicultural setting, modern cities, Sandy beaches, as well as warm weather throughout the year.
There is rain but no natural disasters like typhoons, hurricanes, tornadoes, volcanoes, or earthquakes.
Also, there are plenty of outdoor activities and Great health care facilities, and low cost of living. Malaysians people have no qualms about mixing with foreigners and cultural exchanges happen all the time.
Also, Malaysia has one of the finest forests in the world.
There are so many places to visit. From caves, rain forests, waterfalls, and animals, Malaysia offers it all!
Thanks to Spain’s warm Mediterranean climate, the nation’s beach life and food options are above par. Transportation is also a breeze, with a vast rail and bus system, plus inexpensive ride-sharing options. With $2,500.
Here are some top retirement cities in Spain:
Barcelona: is Spain’s second-largest city, and Europe’s largest city in the Mediterranean.
Granada: rests at the foot of the Sierra Nevada mountains in southern Spain’s Andalusia region.
Madrid: Spain’s capital, cosmopolitan, and the country’s largest-city that combines old-world history and heritage with a modern infrastructure and status as an economic and financial center.
Arts and culture are important, and the city has more than 60 museums.
Malaga: is Spain’s sixth-largest city, and one of the oldest cities in the world. Malaga lies on the Costa Del Sol (coast of the sun), a popular destination on Spain’s southern coast on the Mediterranean.
France offers beautiful scenery and plenty of activities to keep you entertained. If vineyards and meadows are more your speed, consider retiring in France.
Despite what you think, the country is an affordable place to live with just $2,500.
Home to amazing wine, cheese, freshly baked baguettes, and other culinary delights, foodies will feel right at home.
And with an excellent health care system a thriving fashion scene and abundant culture, also you can go to visit cultural sites, dine out, read a book on the beach or go skiing. So, you shouldn’t ever feel isolated or bored.
Vietnam is the nation ravaged by war several decades ago boasts an exceptionally low cost of living less than $ 1,500.
It is one of the best places in Asia for ex-pats to live abroad, and it is one of the strongest economies in Asia.
It is home to both rapidly developing urban areas and ancient temples and tombs. Plus, their people are friendly and English is widely spoken.
Here are the best cities in Vietnam for ex-pats to live:
4.Ha Long city
10.Ho Chi Minh city