Ranking the 8 best countries in the world to retire to

Ranking the 8 best countries in the world to retire to

Nikita -

At a certain age, people are suddenly thinking about retirement and plans to spend their old age in peace. More and more people are starting to think about retiring abroad, especially those living in economically developed, fast-paced cities, tired of the day and night of the workplace and overwork, they are yearning for sunbathing, beaches and nature, and a lifestyle with a slow pace of life, low expenses, guaranteed medical care and low taxes is becoming a major consideration for these people in their retirement. Based on Living International magazine's annual Living Retirement Index (housing, benefits, visas, expenses, entertainment, etc.) report, we have summarized below the 8 best countries in the world for retirement in recent years.

1.Portugal

Portugal is a European country with a temperate maritime climate in the north and a subtropical Mediterranean climate in the south. It is so comfortable with its coastline, golf courses, historical towns, where you can sea fish and sleep on the beach. Seafood is abundant here, and all kinds of seafood, fish, pasta and potatoes are ingredients of Portugal's cuisine, and the Bordeaux Portuguese wine here is also famous. In addition, the elderly benefits are generous, medical care is perfect, you can receive a pension at the age of 65, and an additional pension over 80, and various pension subsidies, which attracts many people to come.

2.Panama

This country, located in the southernmost part of Central America, has a land area of just over 70,000 square kilometers. But it is a world-famous tax haven and retirement destination, and prices are very affordable, with daily transportation and meals costing $10, 5-star hotels in the city center costing only about $100/night, and even a large lobster cheaper than a watermelon. For foreigners considering retirement in Panama, you can have a residence permit here for $1k a month. For those who love Latin American culture, Panama is definitely a great choice for a peaceful retirement.

3.Ecuador

Ecuador is located on the equator and has a comfortable climate, housing is cheap, with a two-bedroom apartment renting for about $500/month, and pension retirement benefits are generous. There is daily sunshine and four seasons, and discounts are available for seniors over 65 for public transportation and shopping, although Spanish is the main language of communication here and English is not very common.

4.Spanish

Since the economic crisis in 2008, property prices in Spain have started to fall dramatically, but demand for property in major cities such as Barcelona and Madrid is still increasing, making this a great opportunity for foreigners to kill for Spanish property. Due to its location in the European Mediterranean, Spain's climate is very powerful, with sunny summers and mild, comfortable winters being a true reflection of Spain's climate. Moreover, Spain is easily accessible and well-connected, making life easy.

5.Malaysia

Malaysia, or Malaysia for short, is one of the "Four Asian Tigers". As a multiracial and diverse country, Malaysia offers stunning beaches, delicious food, tropical rainforests, a pleasant climate and traditional Chinese culture, and the capital city of Kuala Lumpur is known as a friendly city in Southeast Asia. The pace of life here is slow, daily expenses are modest, and colorful holidays allow you to experience the local culture. For retirees, medical tourism has been one of Malaysia's policies to attract foreign tourists, as healthcare in Malaysia is among the world's best and cheap. Malaysia is well known for its treatment of oncology, heart disease, and maternal and child health care. Malaysia is also rich in agriculture and food, exporting a variety of tropical fruits to the rest of the world; in addition, the cost of education in Malaysia is relatively low, and petrol is quite cheap for those who drive. However, cars and alcohol are often not inexpensive here

6.Maltese

As one of the world's smallest (120 square miles) and most densely populated countries, Malta is home to a large British population, where English is also spoken as the first language of communication and from where it is only a 3 hour flight to London, UK. Due to its location at the southern end of the Mediterranean Sea, Malta enjoys year-round sunshine and comfortable temperatures. As a retirement destination, it is popular not only with Europeans but also with people from all over the world. Although small, Malta has a world class healthcare system and reciprocal healthcare with the UK.

7.Thailand

Thailand is a tropical country, bordering Malaysia, with a low cost of living, a long culture and a wealth of tourism, making it great for retirement and retirement, where housing is competitively priced and eating in restaurants is cheap, with a delicious meal of Pad Thai and fried rice for US$1-2. It is also easy to get to isolated Singapore and Malaysia, although the hospitals here are of varying standards.

8.Columbia (District of, or University etc)

Colombia is also located on the equator, with around 12 hours of sunshine a day, and with its charming towns, beautiful hills and pleasant beaches, it is also an attractive place for hikers and divers. As one of the retirement destinations, prices here are also very affordable, and you can get a retirement visa for Colombia and have a monthly pension of just about $700-$800.