10 Best Countries to Retire In

Retirement marks a new chapter in life filled with exploration, relaxation, and unforgettable experiences. If you dream of retiring to a place that combines exotic charm with affordability, look no further!

We've curated a list of the best 10 countries to retire in, each offering a unique blend of culture, natural beauty, and a budget-friendly lifestyle.

1. Portugal

Portugal's warm climate, friendly locals, and breathtaking landscapes make it a top choice for retirees. Its low cost of living, excellent healthcare system, and delicious cuisine add to the allure. Whether you're strolling through historic cobblestone streets or savouring local delicacies, Portugal offers a vibrant culture and on average, a couple can enjoy a comfortable retirement with around $2,000 to $2,500 monthly..

2. Costa Rica

With lush rainforests, pristine beaches, and a welcoming local community, this Central American gem offers a tranquil and affordable lifestyle. Enjoy nature's wonders and embrace the "pura vida" way of life. With picturesque landscapes and a welcoming local community, Costa Rica's cost of living is approximately 30% lower than in the United States. A couple can live comfortably on about $2,000 to $2,500 monthly.

3. Spain

Whether you're strolling through historic cities like Barcelona, savouring tapas in Madrid, or enjoying the warm beaches of the Mediterranean coast, Spain offers an enticing blend of relaxation and vibrancy. With a lower cost of living than many Western European countries, Spain offers retirees an affordable Mediterranean lifestyle. A couple can enjoy a comfortable retirement with around $2,500 to $3,000 per month.

4. Malaysia

A melting pot of cultures, Malaysia entices retirees with its diverse landscapes, mouthwatering cuisine, and affordable living costs. The country's modern infrastructure and excellent healthcare system make it an appealing choice for those seeking adventure in Southeast Asia.  The cost of living is incredibly affordable, with a couple's monthly expenses ranging from $1,500 to $2,000, allowing retirees to indulge in a diverse array of experiences.

5. Mexico 

Mexico's lively spirit, stunning beaches, and vibrant culture create an ideal retirement haven. From the colonial charm of San Miguel de Allende to the coastal bliss of Playa del Carmen, Mexico offers a diverse range of experiences for retirees. Embrace a lively lifestyle with an average cost of living that is 40-50% lower than in the United States. A couple can enjoy a comfortable retirement with around $1,500 to $2,000 per month.

6. Thailand

Known for its friendly locals and serene landscapes, Thailand is a haven for retirees seeking a peaceful yet culturally rich retirement destination. Enjoy the bustling markets of Bangkok, the ancient temples of Chiang Mai, and the blissful beaches of Phuket. With an affordable cost of living, a couple can lead a comfortable retirement with approximately $1,500 to $2,000 per month.

7. Panama

Panama's strategic location, tropical climate, and affordable living costs make it a hotspot for retirees. With its breathtaking beaches and modern infrastructure, Panama offers a comfortable lifestyle for those looking to unwind and explore. Enjoy a relaxed lifestyle with costs around 25-30% lower than in the United States. A couple can retire comfortably with about $2,000 to $2,500 per month.

8. Ecuador

Nestled in the heart of South America, Ecuador is a paradise for nature enthusiasts. Its diverse landscapes, including the majestic Andes Mountains and the lush Amazon rainforest, make it an ideal destination for retirees seeking adventure and tranquility. Retirees can enjoy a comfortable lifestyle at a fraction of the cost of living in the United States, with monthly expenses for a couple averaging $1,200 to $1,800.

9. Italy 

 For those captivated by art, history, and delectable cuisine, Italy beckons with open arms. Whether you choose to settle in the romantic canals of Venice or the rustic charm of Tuscany, Italy's cultural allure and warm hospitality will win your heart.  Although Italy is relatively more expensive than some other options on this list, retirees can still enjoy a comfortable lifestyle with around $2,500 to $3,000 per month.

10. New Zealand 

If you're drawn to the allure of pristine nature and a laid-back lifestyle, New Zealand is the place to be. From the captivating landscapes of the North and South Islands to the friendly Kiwi culture, New Zealand offers a retirement experience like no other. While the cost of living is higher than in other countries on this list, retirees can experience a comfortable lifestyle with approximately $2,500 to $3,500 per month.


In your pursuit of an extraordinary retirement, the top 10 countries we've highlighted promise unforgettable experiences and affordability.