Retirement is a time of life to enjoy and explore the world. If you are looking for an exotic destination to retire in, there are many great places around the globe that offer stunning scenery, warm climates, low cost of living and excellent healthcare.
From beachfront bungalows in Thailand to charming villages in Italy, here’s a list of 10 of the best places to retire around the world. Whether you’re looking for an adventure or just want somewhere peaceful and relaxing for your retirement years, these destinations will surely satisfy your needs.
Costa Rica
1. Costa Rica: Enjoy warm weather, amazing ecological diversity and beautiful beaches — all at a reasonable cost of living. There’s no shortage of activities here, from hikes in the rainforest and scientific tours through amazing wildlife reserves to surfing lessons on the Pacific Coast. Plus, Costa Rica has excellent healthcare facilities and a vibrant expat community.
5 reasons to consider Costa Rica to retire:
• Low cost of living: Costa Rica’s currency is the colón, which remains relatively stable against the U.S. dollar and other currencies.
• Low taxes: Residents pay no tax on income earned outside of Costa Rica, so retirees from abroad can keep more of their money for retirement.
• Great healthcare: In addition to a growing number of private healthcare providers, Costa Rica also has excellent public healthcare.
• Proximity to the United States: Costa Rica is close enough for easy travel back and forth if you want to visit family or friends.
• Welcoming expat community: There are many expats who choose to retire in Costa Rica, making it easy to make friends and learn more about the country.
How much does it cost to retire in Costa Rica?
The cost of living in Costa Rica can vary greatly depending on your lifestyle. A pensioner or retiree with a modest budget could live comfortably in Costa Rica for as little as $1,200 per month, while those looking to enjoy a more luxurious lifestyle could spend upwards of $3,000 or more.
Where to learn more about retiring to Costa Rica:
• Costa Rica Retirement Guide: For an in-depth look at retiring to this beautiful country, including cost of living estimates and how to obtain residency, visit the Costa Rica Retirement Guide.
• Costa Rica Tourist Board: If you’re interested in planning a trip or retirement stay in breathtaking Costa Rica, check out the official tourism website for helpful resources and travel tips.
• International Living: Keep current on all things related to residing and retiring in paradise with articles from the reliable source of information – International Living.
• Expat Exchange: Get valuable advice from other expats who have made their home is lovely Costa Rica such as suggestions about finding health insurance or discovering hidden gems for place to live through Expat Exchange!
Panama
2. Panama: Picturesque beaches and mountain views, plus affordable healthcare and low taxes make this an ideal place to retire. Plus, Panama has a very active expat community and is close to the United States.
5 reasons to consider Panama for retirement:
• Low cost of living: The US dollar is widely accepted in Panama, so American retirees can stretch their retirement budget further here than many other places.
• Tax savings: Residents enjoy tax exemptions on income earned outside of Panama, as well as social security benefits and pension incomes.
• Easy residency: Retirees can easily obtain residency in Panama through qualified retirement programs or by making a minimum investment in the country’s economy.
• Proximity to the United States: Panama is close enough for easy travel back and forth if you want to visit family or friends.
• Welcoming expat community: There are many expats who choose to retire in Panama, making it easy to make friends and learn more about the country.
How much does it cost to retire in Panama?
The cost of living in Panama can vary depending on your lifestyle. A pensioner or retiree with a modest budget could live comfortably in Panama for as little as $1,500 per month, while those looking to enjoy a more luxurious lifestyle could spend upwards of $3,000 or more.
Where to learn more about retiring to Panama:
• Panama Retirement Guide: Get all the details you need to know about retiring in Panama; from cost of living estimates, residency requirements and more.
• Panama Tourism Authority: Discover helpful tips for planning a trip or retirement stay in this Central American paradise.
• International Living: Check out the latest news articles on relocating and settling into life after retirement in sunny Panama.
• Expat Exchange: Tap into first-hand accounts from expatriates who have retired to lovely Panama – they provide invaluable advice like which areas are best suited for retirees, where to locate healthcare services and so much more!
Belize
3. Belize: Its low cost of living, diverse culture and beachfront communities make it an attractive retirement destination. Not to mention, Belize has generous tax incentives for citizens and retirees.
5 reasons to consider Belize for retirement:
• Low cost of living: Prices in Belize remain low compared to other countries, making it an affordable place to retire.
• Tax savings: Retirees can enjoy significant tax exemptions on income earned outside of Belize.
• Easy residency: Retirees can easily obtain residency in Belize with a minimum investment in the country’s economy or through qualified retirement programs.
• English-speaking population: Many people in Belize speak English, making it easier for retirees to communicate and make friends.
• Diverse culture and attractions: Belize has a rich culture, vibrant cuisine, and plenty of attractions to explore.
How much does it cost to retire in Belize?
The cost of living in Belize is surprisingly low compared to the United States and other countries. A pensioner or retiree with a modest budget could live comfortably in Belize for as little as $1,500 per month.
Where to learn more about retiring to Belize:
For anyone interested in relocating to Belize, the following resources are invaluable:
• The Belize Retirement Guide is an outstanding source of information regarding settling into retirement in this beautiful country. Cost of living estimates and how to obtain residency can all be found here.
• The official website for the Belize Tourism Board provides travelers with useful tips and helpful advice when planning a trip or long-term stay there.
• International Living ensures that its readers always have access to up-to-date articles about life and retiree opportunities available within Belize’s borders.
• For those seeking firsthand accounts from already established expats who reside in Belize, Expat Exchange has compiled a wealth of shared experiences – including key tips on finding healthcare services or uncovering which locations offer ideal environments for transitioning retirees.
• The Belize Retirement Planner provides tailored retirement planning services and advice to help retirees get the most out of their time in Belize. With this organization, you can have peace of mind knowing that your retirement plan is well taken care of!
Nicaragua
4. Nicaragua: You can find great value for your money in this country, with beachfront property prices much lower than other popular retirement spots. Nicaragua is also known for its friendly people and vibrant culture.
5 reasons to consider Nicaragua for retirement:
• Low cost of living: Prices in Nicaragua are much lower than average, making it an affordable place to live.
• Tax savings: Retirees can enjoy significant tax exemptions on income earned outside of Nicaragua.
• Easy residency: Retirees can easily obtain residency in Nicaragua with a minimum investment in the country’s economy or through qualified retirement programs.
• Affordable real estate: Real estate prices are much lower than other popular retirement spots, making it easy to find beachfront property.
• Culture and attractions: Nicaragua has plenty of attractions to explore, from its colorful colonial cities to its lush beaches and jungles.
How much does it cost to retire in Nicaragua?
The cost of living in Nicaragua is significantly lower than the United States and other countries. A pensioner or retiree with a modest budget could live comfortably in Nicaragua for as little as $1,000 per month.
Where to learn more about retiring to Nicaragua:
Want to retire in Nicaragua? Here’s your guide:
• Nicaragua Retirement Guide – Get the lowdown on retiring in this country, including estimated costs and residency requirements.
• Nicaragua Tourism Board – Discover general travel tips for a Nicaraguan getaway or long-term stay.
• International Living – Catch up with current news about living and retirement opportunities here from an
authoritative source.
• Expat Exchange – Hear advice from expats who have made their homes in Nicaragua. Find out how to locate healthcare
services or where are the best places to settle down!
• Nicaragua Retirement Planner strives to ensure retirees make the most of their time in Nicaragua by providing personalized retirement planning services and expert advice. With these helpful resources, you can confidently plan for your future and enjoy all that this beautiful country has to offer!
Ecuador
5. Ecuador: This South American locale offers modern cities as well as many rural towns to explore — all at an affordable cost of living. Ecuador is a great choice for retirees, with plenty of natural beauty, friendly locals and year-round spring-like weather.
5 reasons to consider Ecuador for retirement:
• Low cost of living: Prices in Ecuador are much lower than average, making it an affordable place to live.
• Tax savings: Retirees can enjoy significant tax exemptions on income earned outside of Ecuador.
• Easy residency: Retirees can easily obtain residency in Ecuador with a minimum investment in the country’s economy or through qualified retirement programs.
• Affordable real estate: Real estate prices are much lower than other popular retirement spots, making it easy to find an affordable home.
• Culture and attractions: Ecuador has plenty of attractions to explore, from the colonial cities of Quito and Cuenca to its lush jungles and beaches.
How much does it cost to retire in Ecuador?
The cost of living in Ecuador is significantly lower than the United States and other countries. A pensioner or retiree with a modest budget could live comfortably in Ecuador for as little as $1,000 per month.
Where to learn more about retiring to Ecuador:
• With the Ecuador Retirement Guide, individuals can get a comprehensive overview of retiring to this South American country, with notable information such as cost-of-living estimates and residency requirements.
• The official site for the Ecuador Tourism Board offers travelers – especially retirees – helpful resources and ideas when planning their visit or stay in this stellar nation.
• Those who want detailed insight on living & retirement in Ecuador should check out International Living’s most recent articles about the locale!
• Expat Exchange is another great resource that provides invaluable advice from those who have already retired to these lands; pick up important tips such as how to obtain healthcare or where are the best places to reside!
• Ecuador Retirement Planner is your go-to resource for personalized retirement planning services and guidance to ensure that you make the best of your retirement in Ecuador.
Spain
6. Spain: Affordability coupled with its rich culture, beautiful scenery, mild climate and excellent healthcare makes Spain a top choice for retirees from all over the world.
5 reasons to consider Spain for retirement:
• Low cost of living: Prices in Spain are much lower than average, making it an affordable place to live.
• Tax savings: Retirees can enjoy significant tax exemptions on income earned outside of Spain.
• Easy residency: Retirees can easily obtain residency in Spain with a minimum investment in the country’s economy or through qualified retirement programs.
• Affordable real estate: Real estate prices are much lower than other popular retirement spots, making it easy to find an affordable home.
• Culture and attractions: Spain has plenty of attractions to explore, from its vibrant cities to its stunning beaches and stunning landscapes.
How much does it cost to retire in Spain?
The cost of living in Spain is significantly lower than the United States and other countries. A pensioner or retiree with a modest budget could live comfortably in Spain for as little as $1,250 per month.
Where to learn more about retiring to Spain:
• Spain Retirement Guide: This website offers a wealth of useful information on retiring to Spain, such as cost-of-living estimations and residency requirements.
• Spain Tourism Board: Here you can access helpful resources for planning a trip or settling down in Spain, along with general travel tips.
• International Living: Get reliable insights into living and retirement inSpain from this trusted source through up-to-date articles.
• Expat Exchange: Gain valuable advice from other expats who have already retired to the country – like how to locate healthcare services or discover ideal locations for your new home!
• The Spain Retirement Planner is dedicated to assisting retirees in optimizing their time spent living abroad. Through personalised retirement planning services, this organisation ensures that everyone can enjoy the idyllic lifestyle of sunny Spain to its fullest!
Uruguay
7. Uruguay: This small South American nation offers a relaxed lifestyle at a fraction of the cost that you’d pay in Europe or North America for similar amenities.
5 reasons to consider Uruguay for retirement:
• Low cost of living: Prices in Uruguay are much lower than average, making it an affordable place to live.
• Tax savings: Retirees can enjoy significant tax exemptions on income earned outside of Uruguay.
• Easy residency: Retirees can easily obtain residency in Uruguay with a minimum investment in the country’s economy or through qualified retirement programs.
• Affordable real estate: Real estate prices are much lower than other popular retirement spots, making it easy to find an affordable home.
• Culture and attractions: Uruguay has plenty of attractions to explore, from its vibrant cities to its stunning
beaches and stunning landscapes.
How much does it cost to retire in Uruguay?
The cost of living in Uruguay is significantly lower than the United States and other countries. A pensioner or retiree with a modest budget could live comfortably in Uruguay for as little as $1,000 per month.
Where to learn more about retiring to Uruguay:
• Uruguay Retirement Guide: This website is the perfect guide for anyone looking to retire in Uruguay, with cost of living estimates and information on how to obtain residency.
• Urugauy Tourism Board: Get valuable travel tips from this helpful resource when planning a trip or retirement stay in Uruguay.
• International Living: Discover all that there is to know about living and retiring in Uruguay through this reliable source’s up-to-date articles.
• Expat Exchange: Utilize other expats’ first hand advice who have retired to beautiful Uruguay – learn where you can find healthcare services and even uncover some noteworthy places worth visiting!
• If you are considering a retirement in beautiful Uruguay, then the Retirement Planner organization is here to help! Our personalized services and guidance will ensure that you make the most of your time as a retiree there. Let us be your guide on this journey today!
Thailand
8. Thailand: Get access to world-class medical care at a fraction of the price compared to back home, plus enjoy tropical paradise on the cheap when you retire here!
5 reasons to consider Thailand for retirement:
• Low cost of living: Prices in Thailand are much lower than average, making it an affordable place to live.
• Tax savings: Retirees can enjoy significant tax exemptions on income earned outside of Thailand.
• Easy residency: Retirees can easily obtain residency in Thailand with a minimum investment in the country’s economy or through qualified retirement programs.
• Affordable real estate: Real estate prices are much lower than other popular retirement spots, making it easy to find an affordable home.
• Culture and attractions: Thailand has plenty of attractions to explore, from its lush jungles and stunning beaches to its vibrant cities and rich cultural heritage.
How much does it cost to retire in Thailand?
The cost of living in Thailand is significantly lower than the United States and other countries. A pensioner or retiree with a modest budget could live comfortably in Thailand for as little as $800 per month.
Where to learn more about retiring to Thailand:
• Thailand Retirement Guide: Gain helpful insights into approaching retirement in Thailand, such as cost of living estimates and acquiring residency.
• Tourism Authority of Thailand: Uncover useful tips for your upcoming trip or new life in this magnificent country!
• International Living: Read the latest articles about retiring to and living an exciting Thai lifestyle from a reliable source.
• Expat Exchange: Get first-hand accounts from those who have retired to paradise – learn how to find healthcare services or which locations are ideal for settling down.
• With the Thailand Retirement Planner’s services, you can plan your retirement to make every moment in Thailand count! Our personalized guidance will help ensure that all of your expectations for a comfortable and meaningful retired life in this amazing country are met.
Malaysia
9 Malaysia: Beautiful beaches, bustling cities and warm hospitality combine to make Malaysia one of the most attractive places to retire in Asia today .
5 reasons to consider Malaysia for retirement:
• Low cost of living: Prices in Malaysia are much lower than average, making it an affordable place to live.
• Tax savings: Retirees can enjoy significant tax exemptions on income earned outside of Malaysia.
• Easy residency: Retirees can easily obtain residency in Malaysia with a minimum investment in the country’s economy or through qualified retirement programs.
• Affordable real estate: Real estate prices are much lower than other popular retirement spots, making it easy to find an affordable home.
• Culture and attractions: Malaysia has plenty of attractions to explore, from its lush jungles and stunning beaches to its vibrant cities and rich cultural heritage.
How much does it cost to retire in Malaysia?
The cost of living in Malaysia is significantly lower than the United States and other countries. A pensioner or retiree with a modest budget could live comfortably in Malaysia for as little as $1,000 per month.
Where to learn more about retiring to Malaysia:
• Malaysia Retirement Guide: This website equips you with comprehensive information on retiring to and living in Malaysia, covering cost of living estimates and residency requirements.
• Tourism Malaysia: Learn the ins-and-outs of vacationing or relocating to Malaysia through this helpful resource center.
• International Living: Dive into reliable articles regarding life as a retiree in the gorgeous country of Malaysia!
• Expat Exchange: Get insider knowledge from expats who know best what it’s like being a retiree here – find out how to access healthcare services or pinpoint optimal places for settling down.
• Malaysia Retirement Planner: Retirees in search of the best retirement planning advice should look no further! This organization is here to provide personalized guidance and help you make the most out of your time in Malaysia.
• Moving to Malaysia: If you’re considering relocating to this beautiful country for retirement, explore all that’s involved with our comprehensive guide on moving here.
• Malaysian Retirement Visas: Take a deep dive into the visa process so you can begin your journey towards retiring in Malaysia worry-free.
Mexico
10 Mexico: Beaches galore combined with a lower cost of living provides retirees with plenty of incentive to check out what Mexico has to offer!
5 reasons to consider Mexico for retirement:
• Lower cost of living: Prices in Mexico are much lower than average, making it an affordable place to live.
• Tax savings: Retirees can enjoy significant tax exemptions on income earned outside of Mexico.
• Easy residency: Retirees can easily obtain residency in Mexico with a minimum investment in the country’s economy or through qualified retirement programs.
• Affordable real estate: Real estate prices are much lower than other popular retirement spots, making it easy to find an affordable home.
• Culture and attractions: Mexico has plenty of attractions to explore, from its stunning beaches and ancient ruins to its vibrant cities and rich cultural heritage.
How much does it cost to retire in Mexico?
The cost of living in Mexico is significantly lower than the United States and other countries. A pensioner or retiree with a modest budget could live comfortably in Mexico for as little as $1,000 per month.
Where to learn more about retiring to Mexico:
Retiring to Mexico is a dream of many, and these websites provide the necessary information needed for this potential journey:
• The Mexico Retirement Guide allows you to see cost estimations and find out how to obtain residency.
• Find all your travel advice with ease on the official Tourism Website in Mexico!
• Keep up-to-date with reliable sources like International Living as they discuss living or retiring in this country.
• Expat Exchange provides helpful advice from former expats who moved here – such as healthcare tips, or which cities are best suited for retirement life. Start exploring today!
• Mexican Retirement Planner: Let our highly-personalized retirement planning services and guidance help you make the most of your retirement in Mexico.
• Moving to Mexico: Navigate the steps and requirements for a successful transition when relocating to Mexico as a retiree.
• Mexican Retirement Visas: Get informed about visas so you can begin enjoying life in beautiful, sunny Mexico!
Whether you choose Malaysia, Mexico, or anywhere in between these 10 countries offer retirees a great quality of life at an affordable cost. With the right preparation and research, retiring abroad can be a rewarding experience that opens up new possibilities for living and exploring in different cultures. Taking advantage of all the resources available to help make your transition smoother is key; researching what other expats have already experienced gives valuable insight into how best to plan for retirement overseas. If you’re ready to take the plunge, these 10 countries are excellent choices with plenty of attractions and amenities that will make it worth