6 Best Places for Retiring Abroad

6 Best Places for Retiring Abroad

Many people consider relocating abroad at least a few times in their lives, but unfortunately, it’s not a valid option for people. There are so many different things to consider, such as finances, the impact it will have on your children (if you have children), and what to do about getting a job once you’re abroad.

However, most of these problems aren’t a problem anymore by the time you reach retirement age. You’ll likely have fewer expenses, your children may already be independent, and you won’t need a job. It’s a win-win. But the tricky part is figuring out where exactly you want to relocate to. In this post, we’ll be discussing factors you need to take into consideration and which places will be best for certain needs you may have.

If you’re worried about finances: Mexico

As mentioned, most people have fewer expenses once they reach retirement age. However, that may also mean that you won’t be earning as much of an income. It can be terrifying enough to start over in a new country at an older age, and that feeling is only worsened if you’re being burdened with the worry over how you’re going to keep your head afloat during retirement. That’s why it’s a good idea to look at the cheapest countries to live in. You’ll soon see that Mexico is one of the cheapest places to live. You’ll also have the added benefits of experiencing a new culture in your old age, and you’ll be able to visit the states quite easily, so your future holidays are sorted!

If you want a change: Spain

A lot of the time, people immigrate to countries that are similar to where they previously lived. This is smart since you won’t have to adjust as much. That being said, sometimes people move abroad because they’re craving a change. Especially if you’re retiring, you may find that you’re bored and you seek adventure. If so, Spain is a great option. There’s so much to explore and learn, and there’s truly no other place that comes close to it. It’s rich in culture and history, and you’ll likely always find something new you can experience – whether it’s a new place, a new dish, or a new tradition. Spain is a vibrant country that is certain to keep you young at heart, long past retirement.

If you want peace (and beautiful views): France

Is it any surprise that France is on this list? Most people who retire are looking for somewhere peaceful, and I think we can all agree that it doesn’t get much more peaceful than the mountains in the south of France. Of course, if you ever miss the hustle and bustle of city life, you can go exploring and find some lovely places where you can pass your time. The views, the food, the wine… You’ll be all set for a peaceful, easy retirement if you choose France.

If you want safety: Iceland

Iceland has been named the safest country in the world for numerous years. Aside from that, the quality of life in Iceland is also pretty high up on the list. Not to mention the fact that Iceland’s educational system is incredible, so if your family ever wants to join you abroad, they don’t need to worry about their or their children’s education suffering. If that’s not enough to convince you, here are sixteen reasons why you should move to Iceland.

If you’re looking for somewhere easy to move to: Panama

Panama has become a popular choice among retirees due to its warmer climate. As I’m sure you know, with old age comes many struggles. Even the healthiest of people can start to suffer from aching and stiff joints as they grow older. And cold weather only worsens it. Panama’s heat won’t get rid of your pain, but it might prevent it from getting worse. However, that’s not why Panama is on this list. Panama is one of the easiest countries to get permanent residency for. You can also buy residency for a price much lower than nearly anywhere else in the world.

If you want options: New Zealand

Ah, New Zealand. Close enough to Australia that you can visit on holidays, but not so close that you need to deal with the terrifying spiders and other creatures that Australia is known for. New Zealand is a great place to choose to retire because there are so many different experiences you can choose from. City life or farm life? Both can be found in New Zealand. There are areas with beaches and sunshine, and then there are the snow-capped mountains if you want a colder climate or want to go on a holiday without going abroad again. Basically, there’s something for everyone in New Zealand.