5 of the Best Places to Retire Abroad

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Retirement Rehab

When I Google “best retirement cities,” most of the posts make me laugh. They recommend retirement destinations

like Wenatchee, Washington and Portland, Maine. Sure, those places are much more affordable than the Chicago

suburbs. But is Wenatchee where you want to spend the rest of your life?

A lot of people are making compromises these days so their retirement is more affordable. But you don’t have to

sacrifice your Golden Years to Gainesville, Florida. There are many other best places to retire abroad that are near

paradise, and are even cheaper than living in dreary Maine.

Here are 5 of the best places to retire abroad:

Valletta, Malta

Numbeo Cost of Living Index: 66.94

Valletta is the capital city of Malta, a tiny island chain wedged between the coasts of Sicily and North Africa. If nice

weather is your prerequisite for a happy retirement, then Valletta is the place to go. Warm weather lasts through

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November and winters are short.

You can always test the place out by renting before you buy — seaside, one-bedroom apartments run for as little as

$750/month. At this retirement destination, island life is laid back, and there’s also a large international community of

English-speaking residents you can integrate into.

Coimbra, Portugal

Numbeo Cost of Living Index: 47.52

If you like an old-town, university feel, then Coimbra is the city to retire. The Portuguese city is considered by many

to be the country’s version of Oxford, and has been ever since the 1500’s. Old cathedrals and quaint university bars

are the regular haunts of aged professors and expat retirees alike.

The climate in Coimbra is very mild, with temperatures ranging from the 40s in the winter to no higher than the 80s

in summer. Foreign buyers can easily find affordable homes with some land less than 30 minutes outside of the city.

And if you want to spend part of your year back stateside, there’s plenty of opportunities to rent your home out to

students.

Barcelona, Spain

Numbeo Cost of Living Index: 61.13

Barcelona is Spain’s second-largest city with a deep history in Catalan identity. It’s easy for even the greenest of

tourists to navigate and explore the city’s various monuments, galleries and museums on their own.

As for taking it up as a permanent residence, Barcelona is affordable and near the beach. You can also take

advantage of Spain’s world class healthcare if you get insurance (which is also very affordable).

Cuenca, Ecuador

Numbeo Cost of Living Index: 46.11

Cuenca is a colonial-style city in the heart of Ecuador. If you want big city amenities with a small town feel, then

Cuenca should be at the top of your list of best places to retire abroad. Healthcare in Cuenca (and the capital, Quito)

is excellent. It’s also fairly easy for expats to join Ecuador’s Social Security healthcare system.

The number of expats living in Cuenca is already on the rise – around 5,000 Cuenca residents (1% of the

population) aren’t from Ecuador.

Chiang Mai, Thailand

Numbeo Cost of Living Index: 43.52

Chiang Mai has been an attractive retirement destination for decades now, so it’s easy to find a community of

likeminded retirees to join. And if you’re interested in culture, Thailand has a lot of it – with many smiling people

happy to help you learn more.

You don’t have to worry about missing creature comforts from home, Chiang Mai is an international city, equipped

with various megamalls and multinational department stores.

Those are just a few of the many best retirement cities around the world where your retirement savings can really

stretch. Stick with our blog to learn more about great retirement destinations and transitioning abroad for retirement.

It’s time to start figuring out what’s next for you.

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