Best places to retire abroad: A complete guide to the best life overseas
Have you ever dreamed of waking up to ocean views in Portugal, strolling through historic streets in Spain, or living simply yet richly in Thailand? More and more people are looking beyond their home countries when considering where to retire. Lower costs, better climates, and the adventure of a new lifestyle are just some of the reasons why the idea is catching on.
Retirement isn’t just about slowing down — it’s about getting more out of every day. Many retirees are leaving the familiar behind to discover communities with great weather, friendly locals, and a slower pace of life. And with so many countries rolling out the welcome mat for retirees, the options are wider than ever.
If you’re thinking about starting a new chapter somewhere colorful and fresh, this guide is here to help. Here are some of the best places in the world to launch your next chapter, plus a few tips on how to turn that dream into reality.
Tip: A great place to start exploring your options is International Living, packed with insights and inspiration for future expats.
Why Retire Abroad?
Retiring abroad offers more than just a change of scenery, it’s a chance to stretch your budget, boost your health, and live with a sense of adventure. Here’s why so many people are exploring life overseas:
- Lower cost of living
- Better climate and health
- The chance to discover new cultures
- Access to high-quality healthcare
Lower Cost of Living
One of the biggest draws is that your money often goes further. In many popular retirement spots, day to day expenses, rent, and even dining out can be as little as half what you’d pay back home. For example, places like Mexico, Vietnam, and Portugal offer great lifestyles without breaking the bank.
There are plenty of guides and tools to help you compare living costs and healthcare quality internationally, so you can find the right balance for your budget. It’s amazing how much you can get for your money in these destinations—often you can live comfortably on a modest pension or retirement income, yet enjoy luxuries like dining out often, visiting spas, or hiring household help.
Tips! Curious about how to compare countries? Check out our guide to the best tools for researching cost of living and healthcare quality.
Better Climate and Health
Escaping harsh winters and swapping them for sunny beaches, gentle mountain breezes, or a constant spring can totally change your day to day routine. A lot of people notice their health and mood improve when they move to a warmer, sunnier climate.
Staying active is easier, and fresh produce is usually much more affordable. Healthier living isn’t just about the weather. Wellness services, outdoor activities, and a laidback atmosphere can give a real boost to your quality of life.
Opportunity to Stumble Upon New Cultures
Living abroad brings the excitement of daily discoveries—local festivals, new foods, unique traditions, and all kinds of new friends. If you’re looking for an adventure and want each day to feel fresh, exploring a new country offers a chance to learn and grow, even in retirement. You’ll quickly expand your comfort zone, try new things, and build memorable connections that make each day special.
Access to High Quality Healthcare
Many countries now offer high quality healthcare at a fraction of what you’d pay in the US. In places like Thailand and Spain, you’ll find modern hospitals and skilled doctors, often with little or no wait times. Many expats take advantage of these affordable options without sacrificing quality. This makes life abroad even more attractive.
Sites like International Living offer up to date comparisons and recommendations on healthcare standards around the world. In addition to affordability, the personalized attention in many clinics can be a major perk.
Best Countries to Retire in 2025
With so many beautiful, affordable, and welcoming countries to choose from, how do you know where to start? Here are seven top destinations for retirees in 2025 — each offering its own balance of cost, culture, climate, and care.
Spain
Spain’s Mediterranean lifestyle, historic cities, and welcoming culture have broad appeal. Whether you’re into the arts, food, or just a relaxed café lifestyle, there’s a place here for you. Big cities offer excitement, while coastal villages bring that vacation feeling every day. Spanish fiestas, art, and outdoor living create a rich environment for new adventures.
- Benefits: Mild winters, affordable property for rent or purchase, plenty of cultural activities.
- Challenges: A bit of Spanish helps a lot, and bureaucracy can be slow.
Learn more about living in Spain here (affiliate link).
Mexico
Mexico is one of the most popular destinations for North American retirees. Warm weather, vibrant local culture, and a thriving expat community make settling in pretty smooth. You’ll find sunny beaches, mountain towns, and everything in between. Mexican cuisine, local festivals, and a range of climates mean there’s a spot for every taste. Many retirees appreciate being close enough for family visits and the mix of modern amenities and traditional culture.
- Benefits: Lower cost of living, top notch food and traditions close to the US.
- Challenges: Understanding the healthcare system and moving through local paperwork is important.
Learn more about living in Mexico here (affiliate link).
Costa Rica
Costa Rica shines with natural beauty, a laidback approach to life (“pura vida” is the motto here), and a healthcare system widely praised by expats. Whether you’re after jungle adventuring, surfing, or community living, you’ll feel welcome here. The scenery is breathtaking and the wellness focus attracts those seeking fresh air and activity.
- Benefits: Biodiversity, friendly locals, and a variety of outdoor activities.
- Challenges: Imported goods can be pricey, and learning some Spanish is really useful.
Learn more about living in Costa Rica here (affiliate link).
Thailand
Thailand attracts retirees with its famously low cost of living, bustling markets, and friendly culture. Beach resorts, northern mountain towns, and cities like Chiang Mai offer everything from modern comforts to tranquil temples. From street food and festivals to world famous hospitality, Thailand delivers both affordability and adventure. The country’s approach to wellness and its unique traditions appeal to those who want a truly new experience later in life.
- Benefits: Very affordable food, rent, and transport, plus strong expat communities.
- Challenges: Visa requirements change often, and adjusting to the heat takes a while.
Learn more about living in Thailand here (affiliate link).
Italy
Italy’s inviting villages, world class cuisine, and historic scenery turn every day into an occasion. From hill towns in Tuscany to laidback southern coasts, there’s a strong expat presence and plenty of opportunities to enjoy “la dolce vita.” Italian life moves at an enjoyable pace, especially in smaller towns where traditions run deep.
- Benefits: Great food, lively culture, many picturesque small towns.
- Challenges: Paperwork and bureaucracy can be confusing without support, and healthcare varies by region.
Learn more about living in Italy here (affiliate link).
Vietnam
Vietnam is catching more eyes thanks to super low living costs, vibrant street life, and a growing community of foreign retirees. Cities like Da Nang and Hoi An offer a slower pace and beautiful surroundings, often right on the beach. There’s a simple joy in blending daily life with world class natural beauty.
- Benefits: Great value for housing, flavorful cuisine, and welcoming locals.
- Challenges: Traffic and noise can be overwhelming in bigger cities, and healthcare standards vary. You’ll want to use international clinics for serious issues.
Learn more about living in Vietnam here (affiliate link).
How to Find the Right Place for You
Language
Think about how comfortable you are learning a new language or if you prefer a community where English is spoken. Some countries like Portugal and Mexico have big expat populations, making things smoother if you’re not fluent right away. For many, having the option to speak English in daily life can make a big difference during the adjustment period.
Healthcare
Access to good care matters. Some countries only offer public healthcare to residents, while others make it easy to buy private insurance. Double check how the local system works and if your needs would be covered. The quality and availability of medical services can change greatly from city to rural areas, so look into specific locations before making a final choice.
Visa Requirements
Visa rules can get confusing. Some countries offer special retiree or pensionado visas, while others require proof of savings or income. Research what’s needed and how the process works for your preferred spot. Talk to other expats or consult with a relocation expert so you know what to expect before packing your bags.
Housing Market
Check if you can rent long term or buy property as a foreigner. Compare prices in different neighborhoods, and think about what kind of community vibe appeals to you (coastal village, city center, quiet mountains, etc.).
- What kind of climate do I want?
- Would I prefer city excitement or the peace of smalltown life?
- How important is access to local expat groups for me?
- Am I ok with different levels of infrastructure and convenience?
- Do I want to live near the water, in the hills, or in a city?
There are helpful tools and guides that compare countries side by side, letting you sort by climate, cost, health care, and more. International Living has good decision making resources if you want to weigh your options carefully. It’s smart to make a list of your own priorities before narrowing your search.
Practical Steps Toward Retiring Abroad
How to Start?
Jumping right in can be a wild ride, so taking some measured steps keeps things comfortable. Start with plenty of research. Check forums, expat blogs, and official government sites for up to date info. It’s a great idea to visit for an extended stay. Live like a local for a few weeks or months before making the move. Renting an apartment instead of a hotel gives a clearer picture of daily life, letting you see what grocery shopping, taking public transit, or relaxing in parks really feels like in your chosen destination.
Important Things to Keep in Mind
- Taxes: Double check tax obligations at home and abroad. Sometimes you’ll need to file returns in both places, and the rules can be complex depending on where you move and your sources of income.
- Pensions: Can you receive your pension or Social Security benefits internationally? Make sure payments are reliable wherever you go, and talk to your provider about any requirements for receiving funds overseas.
- Health Insurance: Find out if your new country’s insurance will cover you or if international health insurance is a smarter fit. This is especially important for longer stays or if you have preexisting conditions.
If you want a simple list to keep things on track, this handy retirement abroad checklist (affiliate link) covers the process step by step, from early planning to arrival. Many retirees also find value in connecting with local expat groups online to get honest advice and firsthand stories about what life abroad is really like. These forums are a goldmine for real world tips and can help you avoid common mistakes.
Ready for a Fresh Start?
Building your dream retirement abroad is about more than just lowering your bills or chasing better weather. It’s about finding a place that matches your lifestyle, values, and sense of adventure. Each country brings something special, and there’s always a community ready to welcome you. The ride to a new life abroad can be exciting, challenging, and full of unexpected surprises—but for many, it’s the most rewarding chapter yet.
If you’re curious about how to take that first step or want more help weighing your options, there are plenty of resources available. Want to learn more about how to make it happen? Explore International Living or download their free guide to get started. The next adventure is waiting.
Portugal – Laidback living by the sea
Portugal attracts retirees with its mild climate, friendly locals, and relaxed pace of life. While Lisbon and Porto have seen rising prices in recent years, smaller towns and inland regions still offer good value. The Algarve remains a favorite for its beautiful beaches and well-established expat communities. English is widely spoken in many areas, and there’s a long-standing tradition of welcoming newcomers.
- Benefits: Affordable living outside major cities, strong public transport, excellent healthcare for residents.
- Challenges: Visa processes can take time, and learning some Portuguese goes a long way.
Panama – Easy retirement with real benefits
Panama combines tropical living with modern convenience, making it a strong favorite among North American retirees. The country’s Pensionado Visa program offers generous discounts on healthcare, travel, dining, and more. Whether you prefer the urban energy of Panama City or the spring-like climate of mountain towns like Boquete, you’ll find a welcoming, English-friendly environment.
- Benefits: Retiree-friendly visa, affordable healthcare, strong expat network, and a stable economy.
- Challenges: Humidity can be intense in some areas, and costs in Panama City are rising.
