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January 1, 2025 | 03:28 pm
TEMPO.CO, Jakarta - Defining the best country for retirement can yield a variety of answers, but one thing is certain: retirees are looking for a place that guarantees a pleasant atmosphere, cost-effective living, and friendly communities.
Determining the best country for retirement can be challenging, given the vast number of options available today. However, experts have compiled a detailed list of the top retirement destinations for 2025.
List of Countries for Retirement for 2025
The standout nation is Panama, named as the best country for retirement in 2025 by International Living and Finance.Yahoo. Discover more remarkable destinations as follows:
1. Panama
Consistently inviting those who seek a tropical haven, Panama tops the list as the best country to retire. Spending your golden years here feels effortless, with an affordable cost of living and a warm, welcoming community. Whether you choose the beach, the mountains, or city life, Panama’s charm lies in its versatility.
Average living cost: 32.7% lower than in the U.S.
2. Portugal
Ranked as one of the safest countries in Europe, Portugal is also an excellent retirement destination. Its comprehensive healthcare system ensures that retirees are taken care of with respect, leaving you with a worry-free feeling.
As for the cost of living, it can vary depending on where you choose to live - a bustling city like Lisbon can be more expensive than the country's oldest city, Évora.
Average living cost: 36.2% lower than in the U.S.
3. Costa Rica
Costa Rica has long been known for its laid-back atmosphere, which adds to its inviting charm as another top retirement destination. International Living describes Costa Rica as an endless home adorned with rich biodiversity, quality health care, and affordable housing options.
Average living cost: 22.3% lower than in the U.S.
4. Greece
Greece’s reputation as the best country to retire is strengthened by its inclusion in our list of countries that you pay to move here. Spending your golden years in a peaceful place becomes a reality when you're in Greece, complemented by its stunning scenery and affordable cost of living. The country continues to attract foreign retirees, especially with its Golden Visa program.
Average living cost: 27.9% lower than in the U.S.
5. Mexico
If you're looking to spend your retirement years in a more vibrant environment, look no further than Mexico. The country is a tapestry of rich cultural heritage and friendly communities that will make your days unexpectedly lively and enjoyable.
With a budget-friendly cost of living, you can explore the country's delightful food scene and diverse natural landscapes without a care in the world.
Average living cost: 45.6% lower than in the U.S.
6. Ecuador
Take advantage of Ecuador's generous senior discount while immersing yourself in the country's enchanting natural landscapes. This attractive retirement destination attracts retirees with its straightforward process and, most importantly, its stable economy - offering affordable health care, rent, and almost all other essential services.
Average living cost: 53.8% lower than in the U.S.
7. Beliza
Often overshadowed by its counterparts like Costa Rica, Belize is another top country for retirement according to experts. Its retiree tax programs are considered among the best in the world, providing a seamless environment in which to spend your golden years.
Beyond the numbers, the country also boasts an efficient healthcare system and plenty of opportunities for retirees to enjoy its culture, abundant natural beauty, and welcoming
Average living cost: 36.5% lower than in the U.S.
Don’t hesitate to picture yourself living in one of these blissful countries for retirement, instead make it into a reality and live the best time of your golden years.
For further similar inspiration, consider exploring some of the friendliest countries in the world.
International Living
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