We live in the 21st century, where traveling and visiting foreign countries is easier than ever. Many people consider traveling abroad a thing for young, more energetic people looking for new emotions. But times have changed. In fact, retiring abroad is a trend that is gaining popularity right now. In addition, we have been presented with the Global Retirement Index of International Living, which lists the best countries in the world to retire.
This is a good way to start research, but if you want to move to a new country, you should carefully consider your options. Here at Healthyouu, we offer you a list of the best countries to choose from. To get these results we have calculated a score based on a variety of things, such as weather, visa requirements, and the cost of living. All of them will extend your quality of life as you age. Surprisingly, most of them are Spanish-speaking countries!
We also recommend that before making such an important decision for your future, consider visiting the country once before moving there permanently. After all, your personal tastes may be a little different.
1. Costa Rica
Costa Rica is a country located in Central America, between Nicaragua and Panama (more on them later). It is widely considered one of the happiest places on planet Earth, due to the fact that it operates in many ways that oppose the modern way of life. The people of Costa Rica prefer to spend their time in nature, while the use of technology is minimal. The natural beauty is also extraordinary and the locals in most cases seem to be ex-pats they welcome into their community.
The climate is mild, perfect for all seasons. But the best thing about Costa Rica is the beaches. It is worth visiting them again and again. You will never tire of the beauty of the coasts of Costa Rica. That’s why we recommend choosing a town near the coast, such as Jaco or Tamarindo. But don’t be afraid to explore other options too, This place looks like heaven!
2. Panama
I bet you’ve only heard of this country through the Panama Canal. But the truth is that Panama is also a great option to consider as a retiree. No matter what you prefer, mountains or beaches, Panama offers the best of both worlds and that makes it stand out from the rest. And, of course, the cost of living is much cheaper than in most countries. I bet you could live a happy life for many years with just a fraction of the cost of your life right now. Temperatures are high during the summer, but sea breezes help a lot in that regard.
You can also find an active migrant community if you wish. There are special gatherings like festivals, movies and outdoor adventures where you can have fun with people your age. You will not go to Panama just to sleep all day and watch TV. The retreat has to be nice!
3. Mexico
This is the most popular country among American retirees, due to its proximity to the country. But whatever your country of residence is, Mexico is great for you, and here’s why.
The wonderful climate is the norm all year round. The modern lifestyle is combined with a rustic feel. Mexico is also first on the list of International Living in terms of entertainment, amenities, and facilities to establish residency! You’re still not convinced?
Mexico is the tenth-largest country in the world, but that shouldn’t scare you. It’s an absolutely beautiful country and you can consider moving to the suburbs of the busiest cities if you want to avoid noisy city centers. In addition, Mexico may have Spanish as its mother tongue, but many people speak English fluently, so you might get away with it if you’re not completely familiar with Spanish. Finally, legal residents over the age of 60 receive discounts from airlines, grocery stores, and restaurants!
4. Portugal
Portugal is the only European country on our list, so it is very popular with European pensioners who do not want to move to the other side of the world. Ranked as the third safest country in the world, you can rest assured that you won’t have to worry about anything but your entertainment.
However, it should be noted that Portugal is also a very popular tourist destination, so it is something to keep in mind, as tourist seasons tend to last all year.
The whole country is a really modern place to live, but there are places here and there that will make you believe in time travel! Cultural aspects are also impossible to ignore. In short, the natural charm of Portugal is almost magical and you may find that you have found heaven on earth.
5. Ecuador
The two biggest advantages of Ecuador are the climate (ranked first by International Living in that sense) and the cost of living. Housing is an absolute bargain and, in general, consumer prices are extremely low, allowing you to get more out of your retirement dollars. In addition, the country has a long list of financial benefits for ex-pats, including discounts on electricity and water bills, entertainment, and public transportation.
But it would be a mistake to think that Ecuador is an average-looking country. A large collection of coastal villages and panoramic views full of nature await you. It’s a perfect choice if you’re craving a carefree lifestyle. Last but not least, it has something for everyone, as it is one of the few places on Earth where you can basically select the climate by migrating up or down at altitude. Crazy, is it?
6. Malaysia
Beautiful landscapes, low cost of living, and abundance of amenities. Malaysia is the only Asian country that offers the full package for a retiree looking to move to a new country. If you choose to live in Malaysia, you will appreciate the richness of its culture and exotic landscapes.
It’s a place of countless choices. Also, it has hundreds of islands are there for you to visit; The low cost and wide variety of restaurants make it a paradise for food lovers. Just taste the delicious street food easily accessible around every corner and you’ll understand!
7. Nicaragua
Finally, Nicaragua completes the trio of neighboring countries in Central America (Costa Rica, Panama) that are among the best options for a retreat. Like all countries on our list, it offers a variety of opportunities and adventures. The tropical climate is amazing if you are tired of the cold winters and the community of foreigners is strong and grows every day.
The government also provides financial incentives for people like you. As a retiree, you can enjoy any money earned outside Nicaragua, tax-free. It looks like they really want to have your company! And let’s not forget that the default cost of living is far below average.