Looking To Retire Abroad? Here Are Cheapest Countries Around The World Where You Can Retire

Published on 08/17/2020

After working hard for so many years and having saved for your retirement, you’ve nearly reached your golden years. So what’s the next big step? Why not pack up your valuable belongings and venture abroad to retire in a unique and beautiful country. Now more than ever, people (especially Americans) have begun planning to retire in another country. There are many reasons as to why this is so, but some of them include; warmer climates, a wide variety of modern facilities, incredible healthcare systems, and great housing – all at a much more affordable price. So when you’re ready, pack your bags and consider retiring in one of these amazing countries.

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Looking To Retire Abroad? Here Are Cheapest Countries Around The World Where You Can Retire


For those looking to retire in Europe, Spain is definitely the place you should pick. Year after year, Spain remains one of the most affordable countries for people to retire in. There is constant sunshine and a large number of benefits when it comes to settling down. Not only is there better value for money in terms of property, which then makes the cost of living so affordable but the amenities throughout the country are top class. With so many benefits, now you understand why Spain is one of the more desirable choices for retirees.


Life in Mexico is quite simple, not only do they have a high-quality healthcare system but their vibrant vulture and gorgeous beaches are just two of the many advantages. One of the huge perks about living in Mexico is that the cost of living is pretty low – which is why this would make the most perfect home for your retirement.

South Africa

South Africa has recently become one of the more popular destinations that people choose to retire. This is mainly because of the amazing climate and of course the very affordable cost of living. Many also consider the medical facilities to be first-class in South Africa, compared to other countries around the world. Another reason why many people retire in this beautiful is due to the array of sports facilities. So if you’re looking for something unique, this is definitely the place for you!


Malaysia is probably one of the countries that don’t come to your mind first, possibly because of the fact that English is not an official language. However, don’t let that discourage you. Many English speakers will actually be surprised at how easy it is to get around in this spectacular country. The cost of living is remarkably low, as well as public transportation which gives retirees a great opportunity to explore the rest of Asia.


If you’re looking for another option in Europe, the gorgeous, sunny Portugal is the place for you! Not only is Portugal considered to be one of the safest places in the world but also one of the cheapest to retire in. The cost of living is so affordable and is far less than any other country in its territory. Retirees absolutely love Portugal as there are tons of activities to keep them busy and entertained, not to mention the exquisite beaches. It’s so easy to see why Portugal would be a great destination to retire.