Moving abroad upon retirement is an option that has become increasingly popular among Brits in recent years, with many jumping at the chance to take advantage of more affordable housing, great weather and perceived lifestyle enhancements far from the Brits shores.
Historically, Spain and France have been the two most popular retirement destinations for Brits seeking sea and sunshine, but International Living’s new annual Global Retirement Index has found that retirees could be better off elsewhere.
The detailed study, which took into account 10 different categories covering everything from cost of living and ease of fitting in to quality of infrastructure, old faithful Spain, ranked 9th in Europe.
So, which nation has earned the prestigious title of being named the world’s best retirement destination? That honour goes to Costa Rica, North Americans have been flocking to Costa Rica for more than 30 years, attracted by the tropical climate; low cost of living; top-notch, affordable medical care; bargain real estate; and natural beauty.
The top 10 retirement destinations for 2018:
1. Costa Rica—The World’s Best Retirement Haven
2. Mexico—Convenient, Exotic, First-World Living
3. Panama—Friendly, Welcoming, and Great Benefits
4. Ecuador—Diverse, Unhurried, and Metropolitan
5. Malaysia—Easy, English-Speaking, and First World
6. Colombia— Sophisticated and Affordable
7. Portugal—Europe’s Best Retirement Haven
8. Nicaragua—Best Bang-for-Your Buck in Latin America
9. Spain—Romance, History, and Charming Villages
10. Peru—Low-Cost Living, Vibrant, and Diverse
If you are considering retiring abroad but would like some additional information or guidance about the best ways to save money and plan for the move, you could benefit from speaking to an independent financial adviser. Get in touch today to ensure you are making the most of your money, call 1st Financial Foundations on 01908 523 420 or email info@95.154.196.167
