Top 10 countries for retirement

Top 10 Countries to retire abroad? 10 Best places to retire in the world?

Easiest countries to retire to?

Tax-free retirement countries?

Countries with retirement visas?

Retirement visa? Consider Portugal Golden Visa!

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According to the 2022 Annual Global Retirement Index, Portugal once again occupies the first places in the ranking, which one indicates the best countries around the world to retire to. 

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2022 Annual Global Retirement Index

The Annual Global Retirement Index compiled information that assesses 10 indicators, to help you with the choosing of where in the world will best suit your needs to enjoy retirement. Some of these indicators are: health system, security, climate, cost of living, housing, the governance system and the benefits available to retirees. It also takes into account the opinions and real-life experiences of several expats living in the countries that are being analyzed. 

Top 10 Countries for Retirement in 2022

Check our Best Countries for a Comfortable Retirement >>>

1. Panama

In this study, Panama had the highest score in terms of climate (referred as hot and tropical), safety and cost of living. The national health system in this country was also considered of high quality. Public transport, in addition to being fast, is also very cheap. All of this led the country to being considered the most attractive in the world for retired people.

2. Costa Rica

Costa Rica's strengths are the temperature, the landscape, the beaches and the local population. The high average life expectancy at a global level also contributes to this classification.

3. Mexico

Gastronomy, landscapes and low health costs are the best punctuated indicators. Mexico already has many Canadian and American retirees living in the country.

4. Portugal

It is considered a safe and cheap country, with excellent cuisine and unparalleled beauty. The population is very hospitable, friendly and very receptive to foreign languages. The vibrant and charming cities, the extensive kilometers of beaches and the green landscapes are, without a doubt, Portugal's strongest points. Also noteworthy is the possibility of accessing the Golden Visa Program and the tax benefits for retired people.

5. Colombia

Despite the known insecurity, Colombia it is a country with a very low cost of living. Additionally, the health system is considered, globally, one of the best.

6. Equador

A country where tourism has grown by 30% in the last 5 years, it has a relatively low cost of living, where a 1,500 dollars pension is enough to live on, according to the index.

7. Malta

It seems to have a high cost of living, but it has an efficient public transport service. Malta is the ideal destination for history lovers.

8. France

France scores on the indicators that reveal the attractiveness of the country's landscapes and history. The cost of living is considered high, although, compared to the US, it remains lower.

9. Spain

The beaches and the sun are what attracts the most in this country, as well as the fact that it has two health systems: public and private, like Portugal. The study also highlights the possibility of holding a golden visa as an advantage.

10. Uruguay

In Uruguay, the highlight was the ease of access to health care and social security, as well as the low cost of living. It is a country with a small population and no record of major natural disasters.

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How to enjoy retirement in Portugal

If you restrict your options to the first 5 countries on this list (to make your decision easier) you will verify that Portugal stands out for the tax component that benefits retirees and for the programs that ensure residency in the country. These incentives are called Non-Habitual Residents’ Tax Regime and Golden Visa Program, respectively. The first, offers tax advantages for retirees who domicile their pensions in Portugal (among other situations), and the second grants a residency visa to those who invest in the country (among others benefits).

“Perhaps, the hardest decision about moving to Portugal is where to live”. 

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To find out more about how to enjoy your retirement in Portugal, check out other articles on our News section or get in touch with our team. We are specialized in Real Estate Investment and Golden Visa in Portugal and we also have in depth knowledge and several years of experience. Our consultants are ready to help you on this new journey. 

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