Based on a combination of many factors, including the cost of living, climatic conditions and the quality of medical care, but also the degree of difficulty in obtaining a foreign resident status, the Global Retirement Index for 2022 has come to a close that the following ten countries are the best destinations to retire:
10. Uruguay
A small country with few inhabitants (3.5 million), where one can enjoy all four seasons at normal temperatures. Social security, healthcare packages, and basic services work at least satisfactorily. Also, the country and even the capital have many green spaces, the diet is basically Mediterranean with many Italian dishes and there are many opportunities for hobbies and various activities.
9. Spain
Favorite destination for retirees due to at least 300 days of sunshine and huge coastline. It also combines low cost of living, very high level of medical care, good infrastructure and low crime. Hence, it is preferred by retirees from Britain, Germany, the Netherlands and other European northern countries, while it has also started to gather people from North America.
8. Malta
Gathering a lot of data from Italy and Greece, but also the Arab culture, in one destination, the extremely densely populated country of at least 500,000 inhabitants hosts a huge number of expats (about 15% of the total population). Some of the elements that attract retirees are the fact that English is among the official languages, the fact that it is very close (about an hour and a half) to Sicily, but also its rich history.
7. France
An extremely rich culture that has elements from the 11 neighbors with which it borders. In addition to culture, France offers natural landscapes, fairly low cost of living, but also amazing cuisine and wines. Also, visits to doctors have a low cost, without the need to be registered in the French health system.
6. Ecuador
It is a destination with a relatively low cost of living (from $ 1,500 to $ 1,825 per month), which combines good climate and rich culture. Hence tourism in Ecuador has grown by 30% in just the last five years and attracts tourists, explorers and expats from all over the world.
5. Colombia
Colombia is already preferred by many American retirees, as it is located very close to the US border. At the same time, however, it meets many of the criteria required by a retiree, such as low cost of living, excellent level of medical care and very good climatic conditions.
4. Portugal
Portugal has always been high on every list of ideal places to retire. And of course it is not accidental at all, since almost every city offers something different, while the beaches are endless. At the same time, it is rich in vegetation and offers an excellent health system, low cost of living and safety.
3. Mexico
A favorite destination for retirees especially from the US and Canada for at least 50 years, Mexico offers extremely cheap, high quality healthcare. The weather is very good in every corner of the country, while at the same time it provides a modern way of life, high internet speeds, good highways, a good telephone network, as well as many stores and brands that exist in the USA and Europe.
2. Costa Rica
A country that is known for its relaxed lifestyle, but also for its hospitable locals. Costa Rica offers low cost of living, tropical climate, cheap medical care, but also a stable democracy unlike many of the Latin American countries.
1. Panama
The Panamanian government is offering a retirement visa under which retirees have certain benefits, such as discounts on various basic services or product tax breaks. Apart from that, the climate is ideal, but also the people are friendly. At the same time, the country offers a low cost of living.
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