We will all go through retirement and like other aspects of life, this should be well-planned, too. If you are looking forward to your retirement and want to find new experiences and sceneries, downsize and save, then we have a good list of countries to spend your retirement.
Aside from their affordable cost of living as indicated by the Cost of Living Index, these countries are scored the safest in 2016 based on the Global Peace Index studies.
Without further ado, we listed below the top 10 cheap and safe countries to live and enjoy your retirement. Please note that these places are randomly listed.
1. Australia
Who wouldn’t love to live in Australia? The country is an almost-perfect place for Americans to stay. It has a balmy climate and beautiful beaches. Elders would also love the serenity of the laid-back ambiance of the country.
Australia is also an English-speaking country so there will be no language barrier between the immigrants and the Aussies. It was also included in the list of the Most Livable Cities in the world.
Moreover, with the changing market, from having a high cost of living, retirees can now save up to $200,000 annually.
2. Czech Republic
The Czech Republic is certainly a good place to enjoy retirement. Known as the castle capital of the world, the country has a substantially lower cost of living compared to Germany and Austria.
Retirees would enjoy the place with its gorgeous rolling hills and amazing wildflowers. Prepare your health insurance as it’s a requirement by the Czech Republic prior to entering the country.
Almost 6,000 American expats have temporary and permanent residency here.
3. Chile
Many tourists-turn-expats are now flocking to Chile. Retirees from around the world are also considering the country as their second home due to its high standard of living yet low lifestyle costs.
The country has a beautiful surrounding with welcoming and hospitable locals. La Serena, Santiago, Pucon, Vina del Mar, and Valparaiso are five of the top-most cities recommended for retirees.
4. Costa Rica
Pura Vida! Welcome to the Happiest Country on Earth, Costa Rica. Retirees can enjoy good healthcare, tropical climate, and rich biodiversity.
The country is a dream retirement place which is proven by over 50,000 U.S expats currently living here. People are easygoing, polite, and charming making you feel ease dealing with the locals. If you are up to an adventure, Costa Rica is your go-to place. Enjoy canopy tours, sea kayaking, and whitewater rafting. Retirement will never be fun without these experiences.
Moreover, you can probably save as much as $200,000 in Costa Rica. Housing is 44% cheaper than in America.
5. Malaysia
Malaysia was once an unrecognized country but is now among the best retirement destinations. More and more expats are staying for good in the country because of its relaxed lifestyle and tropical climate.
You’re going to love the unspoiled beaches and exotic jungles in the place. It offers retirees with good housing options and healthcare insurance, which help them save up to $200,000 yearly.
George Town, now being on the Best 10 list of the retirement cities in the world, is an ideal city to live in Malaysia.
6. Portugal
Who says that you can’t save in Portugal? Truth to be told, you can. According to Expat Arrivals, an increasing number of immigrants from all over the world are flocking to Portugal because of its reasonable cost of living.
You don’t just save $200,000 in Portugal but can make a profit out of your investment. Britons, Europeans, and Americans are taking the fine advantage to make a profit from their money in Portugal.
Aside from the low cost of living, you can relax on Portugal’s sunny shore while dining health and fresh sea foods.
7. Spain
Aside from being a favorite tourist destination, Spain ranked nine on the best retirement countries in the world based on the International Living’s Annual Global Retirement Index. It scores well in terms of retiree benefits, cost of living, real estate, healthcare, entertainment, amenities, retirement infrastructure and a whole lot more.
The natural beauty of the country along with warm climate and engaging people made the place an ideal spot for both tourists and retirees. Take a dip into Spain’s festivals, cuisines, and coastlines, too.
8. Uruguay
While Uruguay has a small land area, it is a big hit for retirees across the globe making it ranked 12 as the best place for retirement according to the International Living Magazine.
The country has a mild climate, stable economy, affordable healthcare, little crime, and low taxes. This is no wonder why it became an ideal retirement spot for Americans. Even so, they have good public transportations, maintained highways, and a fast internet speed.
You can definitely make a simple and fun lifestyle at Uruguay without breaking your money bank.
The above countries have a simple and affordable cost of living plus security for both locals and expats, making it ideal for retirees to live. No matter where you want to stay for retirement and what activities you wish to indulge yourself to, it’s essential to consider both the advantages and disadvantages of migrating abroad.
If you are a retiree from Maryland, Virgina, Delaware, and Washington, who wants to downsize and sell their home, we are ready to buy your home.
Contact The Home Buyers today. We can buy your house within 7 days so you can to take a leap and live for good in any of the above countries. Fill up our form so we can instantly make a quote for your property.
