10 Best Countries to Retire in 2025
The Top 10 Countries to Retire In and Why They Stand Out
Retiring abroad offers the chance to embrace a new lifestyle, immerse yourself in different cultures, and often stretch your retirement savings further. Whether you’re seeking stunning landscapes, affordable living, or vibrant expat communities, the world is full of incredible destinations where your retirement savings can go a long way.
From the sun-drenched beaches of Portugal and Costa Rica to the timeless charm of Italy and Greece, each country offers its unique appeal. In this guide, we’ll explore the top 10 countries for retirement abroad, highlighting what makes each one stand out and why they could be the ideal destination to turn your dream retirement into reality.
1. Portugal
Thanks to its affordable cost of living, warm climate, and high quality of life, Portugal has become a haven for retirees. With a low crime rate and a welcoming atmosphere, it’s easy to feel at home. Portugal also offers the Non-Habitual Resident (NHR) tax program, which provides attractive financial incentives for foreign retirees. The country’s excellent healthcare system and vibrant culture, from historic cities like Lisbon to the scenic Algarve coast, make it a top choice.
2. Spain
Spain offers retirees a laid-back lifestyle, with sunny weather, beautiful beaches, and a rich cultural heritage. Living costs are reasonable, especially in smaller towns and coastal regions. Spain also has a well-regarded healthcare system and abundant activities for retirees, including golf, hiking, and enjoying world-class cuisine.
3. Mexico
Mexico is a favourite among North American retirees as it is known for its warm hospitality and proximity to the United States. The cost of living is incredibly low, and healthcare is affordable and high-quality. Popular retirement spots like Puerto Vallarta and Mérida offer modern amenities and traditional charm, with beautiful landscapes and vibrant communities.
4. Costa Rica
Costa Rica is renowned for its stunning natural beauty, from lush rainforests to pristine beaches. The country’s emphasis on sustainability and a “pura vida” lifestyle make it ideal for retirees seeking tranquility. Costa Rica also has a stable government, excellent healthcare, and programs like the Pensionado visa, which make retiring there straightforward.
5. Panama
Panama stands out for its retiree-friendly policies, including the Pensionado program, which provides discounts on everything from healthcare to entertainment. The country is politically stable, uses the US dollar, and has a growing expat community. Retirees can enjoy urban living in Panama City or the cooler mountain climates of Boquete.
6. Italy
Italy combines a rich history with breathtaking landscapes, from the rolling hills of Tuscany to the Amalfi Coast. Retirees are drawn to its world-famous cuisine, wine, and art. While living costs in major cities can be high, smaller towns offer affordable options. Italy’s healthcare system is excellent, and its slow-paced lifestyle is ideal for enjoying retirement.
7. France
France offers retirees a high quality of life, excellent healthcare, diverse regions to explore, and an unmatched culinary scene. The Dordogne and Provence regions are especially popular for their charm and affordability compared to Paris. France’s cultural richness and focus on leisure make it a dream destination for many retirees.
8. Thailand
Thailand is an excellent choice for retirees seeking an exotic, tropical lifestyle. The cost of living is extremely low, with affordable housing, food, and healthcare. Popular spots like Chiang Mai and Phuket offer a mix of modern conveniences and traditional culture, along with warm weather year-round.
9. Malaysia
Malaysia is a multicultural gem with a warm climate and affordable living. The country’s healthcare system is highly regarded, and its Malaysia My Second Home (MM2H) program makes it easy for retirees to settle. Popular spots like Penang and Kuala Lumpur offer a blend of modern infrastructure and natural beauty.
10. Greece
Greece offers retirees an enchanting mix of history, culture, and scenic beauty. Its islands and coastal towns provide stunning views, a Mediterranean climate, and a relaxed lifestyle. While some areas can be touristy, many quiet, affordable spots are perfect for retirees. The Greek healthcare system and warm community spirit add to its appeal.
Each of these countries offers something unique, whether it’s affordability, culture, or a welcoming community. Retirees can find a destination that aligns with their dreams and lifestyle goals, making their next chapter as fulfilling as it is adventurous.