Dream retirement: 10 countries where you can enjoy comfort on a budget
The Global Retirement Index, recently published by International Living, has ranked the best places to retire around the world. At the same time, the ranking will be useful for those who are looking for a more affordable lifestyle or want to escape from everyday routine and social pressure.
Costa Rica is among the top countries thanks to its new 180-day tourist visa, which makes life in this country easier than ever. In addition, the country's ongoing commitment to environmental sustainability makes it a particularly attractive option, according to the Forbes article.
Beneath the magical sun, Costa Rica offers a land of opportunity for those seeking a new home. Prices may be high, but the quality of life exceeds expectations: well-developed infrastructure, a high level of healthcare, and services deserving of attention. Here, a retired couple can enjoy comfort for $2,000 per month, and singles can experience the full allure of this country for $1,600 per month.
Portugal is another excellent choice for those dreaming of living in Europe. It offers an affordable and attractive lifestyle that is remarkably budget-friendly. Studies show that a couple can live comfortably with as little as $2,200 per month, while singles can experience the charm of Portugal for about $1,700 per month.
Mexico is a country with a unique blend of colonial heritage, tropical beaches, and diverse climates. Strong expatriate communities have formed here, facilitating integration, making friends, and adaptation. A couple can provide themselves with a modest but comfortable lifestyle for $1,500 to $2,000 per month. However, even single people can enjoy comfort on $800 to $1,200 per month, depending on the lifestyle they choose and the region they live in. Mexico offers a cost of living significantly lower than many U.S. cities, allowing regular visits to restaurants, cultural events, and exploration of new parts of the country.
Panama remains one of the preferred countries to live in, thanks to its impeccable opportunities and excellent quality of life. Living options in this country are unbeatable, and retiree visa programs offer great opportunities. A couple can enjoy a fulfilling life in Panama on a budget of $2,000 per month, covering all basic living expenses. Single individuals can expect to spend from $1,200 per month, providing a comfortable and often high-end standard of living.
Greece, one of the recommended countries for emigration in Europe, offers an authentic lifestyle that many retirees appreciate. The cost of living here can be significantly lower than in leading countries, as Greece's appeal lies in its relaxed and healthy Mediterranean lifestyle. Regarding rent, a one-bedroom apartment in the city center ranges from $331 to $662 (300-600 euros), while outside the center, it's between $276 and $552 (250-500 euros). Those considering real estate purchase may be interested in the "Golden Visa," which provides a residence permit with an investment of 250,000 euros (about $276,265).
Colombia is a destination appealing to many due to its diverse natural beauty, hospitable people, and affordability. Famous for its diverse landscapes, it's the second most biodiverse country in the world. Life here can be comfortable, with prices starting at $1,000 per month in smaller cities and around $2,000 in more popular ones like Medellín. For instance, you can rent an apartment in Bogotá for about $1,000 per month.
According to research, Spain is strikingly attractive not only for its sunny landscapes but also for its renowned healthcare system. With one of the lowest costs of living in Europe, expats can enjoy a vibrant lifestyle without overspending. Living in Spain is affordable: a couple can have a comfortable life starting at $2,000 per month, while singles can spend between $1,500 and $2,000.
Often called the "hidden gem" of Asia, Malaysia is an interesting choice for new residents. It offers a unique combination of charming landscapes, friendly locals, and a budget-friendly lifestyle. A couple can live comfortably on $2,000 per month, while single individuals can enjoy a fulfilling life for about $1,000 per month.
France is a country offering incredible diversity: from skiing to vineyard regions to the fashion capital of Paris. It combines high culture, excellent medical care, and a relaxed lifestyle. Notably, you can rent a three-bedroom apartment in Toulon for about 800 euros ($847) per month with sea views and proximity to beaches. The healthcare system in France offers high-quality care at significantly lower prices than in the United States, making it a great choice for those seeking a high-quality and affordable European lifestyle.