8 Amazing Countries You Should Move To For Retirement

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Last Updated on June 19, 2019

8 Amazing Countries You Should Move To For Retirement© Pinterest

The long years of hard work and lost opportunities to travel and see the world could finally be restored after retirement. So what do you think is the greatest thing to do now? Pack your stuff, pack your entire life, and move to one of the greatest countries where you can relax and live your best life.

So if that’s what you have in mind and you are thinking about relocating abroad as a retiree, the International Living’s Global Retirement Index made a list for you of the countries to seek retirement.

Not only that you are going to rest your head and enjoy your time, but your money will also go furthest. Here are the 8 amazing countries you should move to for retirement.

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Costa Rica

Costa Rica

© Jayana

Stunning landscapes, gorgeous beaches, and mild climate are all that you need after retirement. Costa Rica offers a simple residency process and welcoming expats all year around.

Plus, you will be paid $1,000 every month from Social Security or another similar source. In general, expats enjoy a high standard of living at a small part of U.S. costs.

It is best to start looking for a swimsuit because the beaches and landscapes in that country are breathtaking and will heal every tired muscle on your body!

Mexico

Mexico

© Huffington Post

In case you didn’t know, Mexico attracts more than 1M retirees to its borders every year because of its proximity to the United States. Mexico is the adventurous expats’ favorite destination because seaside leaving is basically one of the greatest pleasures, especially when you live next to friendly English speaking locals.

Moreover, the legal residents who are older than 60 receive grocery, restaurant, and airline discounts.

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Panama

Panama

© Panama Equity

The thriving economy and the breathtaking beaches capture the retirees’ interest in Panama. Not only you will live peacefully enjoying the ocean breeze that cools off the all-year hot temperature, but you will have an income of $2,000 every month to cover modest living costs.

Also, Panama offers discounts with a Pensionado Visa to retirees. If you are an active expat who wants to live life to the fullest, then you will not be disappointed with all the music festivals and the great outdoor adventures.

Ecuador

Ecuador

© Brock University

An expat who is seeking a carefree lifestyle will be mesmerized by the natural-filled panoramic views, lazy coastal towns, and the sun-worshipping hot spots in Ecuador. You can even select the climate you prefer by migrating down or up in altitude.

Moreover, you will not worry anymore about owning a car since the public transportation costs are unbelievably affordable. In fact, riding a bus will cost you only 0.25 cents, while cab rides will be about $3.

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Malaysia

Malaysia

© South China Morning Post

Malaysia’s culture and exotic scenery are the main reason why retirees choose to relocate and move their entire life to the other side of the world. They know that it is worth it! Plus, they will get to enjoy comfort and convenience, especially that Malaysia offers modern amenities at bargain prices.

You will be able to find delicious street food that can’t be found anywhere else, low-cost rental units, and incredible shopping malls where you will not be able to not leave.

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Colombia

Colombia

© Leafly

In case you desire a high standard of living at a low cost, then you must book a flight to Colombia immediately. With a price between $1,700 and $2,200, you will be able to rent an upscale apartment, enjoy cleaning services, and still save enough money for groceries and other activities.

In addition to that, the utility bills are incredibly low for retirees, and the weather is perfect all year-round. Does that look like a great deal or what?

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Portugal

Portugal

© Easyvoyage

There are many reasons why retirees relocate to Portugal, but it is mostly for its beautiful warm weather, residency options, and amenities. Plus, it was ranked as the 3rd safest country ever, which is exactly what expats are looking for!

Couples will be able to live very pleasantly on a $1,500 per month budget, and also will have access to outstanding healthcare.

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Nicaragua

Nicaragua

© Trover

The country with countless opportunities and adventures, beautiful Nicaragua is calling out to you! It attracts hundreds of retirees every year with its welcoming expat community and tropical climate. Not only the living costs are unbelievably low, but the government also offers incentives to foreign retirees.

If you are a retiree, then you will take full advantage of all the money that you have earned outside Nicaragua because it is Tax-free!

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