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    10 BEST PLACES TO RETIRE IN 2024

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        Valencia Spain. best places to retire
        Adobe Stock/steftach

        The Best Places To Retire In 2024

        When looking for the best places to retire in 2024, you’ve come to the right place.

        In short, there’s no doubt that retirement is a big milestone in life – and it’s something that everyone should plan for.

        Retirement Overseas Is Our Expertise

        Whether you’re craving for a warm climate or excellent health care, these destinations have it all. And, if you’re interested in starting your retirement early, you can also take advantage of retirement communities that are expanding rapidly all over the world.

        Kathleen

        Reviewed By Kathleen Peddicord

        Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

        Start Your New Overseas Life Today

        A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2024






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          Start Your New Life Today, Overseas






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            So, whether you’re ready to call it quits or just want to plan for the future, these are the best places to retire.

            In this article, we’ll look at factors such as cost of living, climate, healthcare quality, and activities available in each location. Also, we’ll discuss how each destination is adapting to meet the needs of retirees today and into the future.

            With this information in hand, you can make an informed decision on where you would like to spend your retirement years.

            How We Pick The #1 Place To Retire Abroad

            With our short list of havens in hand, we start crunching the numbers and put the destinations through the paces of our grading system. Plus, we make more additions and subtractions until we have our final list of recommended retirement havens for the year…

            Throughout the destination-selection and ranking process, we always aim to strike the perfect balance between objectivity and subjectivity…

            And, we use as much data as possible to inform our assessments. Most importantly, this year’s index includes information from the World Health Organization’s World Health Report and the 2023 Global Peace Index, for example…

            But creating a lifestyle index isn’t a perfect science, and there’s often a gap between what the raw data says about a place and what the lived experience of it is.

            So, our solution is to provide data but layer it with judgement… that of our core editorial team plus that of our network of contacts, contributors, insiders, expats, and experts…

            The answers are found in our yearly Overseas Retirement Index, that presents our selection of the top choices for spending time and money overseas.

            And, if you are ready to move out of the US, here is a snapshot of the results for best retirement destination overseas…

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              The Best Places To Retire In 2024

              10. Colombia

              Quick Facts About Colombia:

              Colombian flag in the Cartagena
              Adobe Stock/LMspencer

              Why Should I Retire To Colombia?

              Colombia is quietly becoming one of the world’s top overseas havens. 

              From capital Bogotá to Euro-chic Medellín to colonial Cartagena on the Caribbean, expats are drawn by the vibrant culture, low cost of living, and high quality of life.

              Colombia today is one of the world’s easiest places to establish residency. For example, no lawyer is required, and the process can be done in a couple of hours.

              Infrastructure is strong across the country, and the standard of health care is high. Plus, eight of the top 35 hospitals in all Latin America are in Medellín. Other cities in Colombia have similarly top-standard facilities.

              Start Your New Life Today, Overseas






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                Santa Marta City Marina, Colombia. best places to retire 2024
                AdobeStock/Michele

                Where Should I Retire In Colombia?

                Santa Marta is more geographically diverse than Cartagena, with the Caribbean Sea to the north and west, Tayrona National Park to the east, and Colombia’s Sierra Nevada mountain range to the south.

                It offers excellent beach- and water-based activities, like boating, snorkeling, and diving… but it also offers mountain-based activities, like mountain hiking, trekking, and biking. The Sierra Nevada even has snowy peaks at certain times of year.

                While mostly unknown to international audiences, Santa Marta is the preferred vacation destination for locals, favored for its affordability, perpetually warm weather, soft golden sands, and warm Caribbean waters.

                And now, Santa Marta. Colombia, is among the best places to retire in 2024.

                Start Your New Life Today, Overseas






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                  9. The Best Places To Retire In 2024 -Thailand

                  The most beautiful viewpoint of Pattaya Beach in Pattaya City, Thailand.

                  Quick Facts About Thailand:

                  Why Should I Retire To Thailand?

                  Thailand is a top global medical tourism destination, which speaks to the high standards and affordability of its private medical facilities.

                  Also, one of the best aspects of living in Thailand for many expats is access to fresh, healthy, and delicious Thaicuisine.

                  No matter the lifestyle you’re after—luxury or laid-back, adventurous or relaxed—there’s something for you in Thailand. And, that’s why it is part of our best places to retire In 2024.

                  aerial view of people enjoying an isolated beach in phuket thailand

                  Where Should I Retire In Thailand?

                  Phuket is the biggest island in Thailand, floating off the west coast of the mainland. It’s ringed by pearly white sands, hemmed in by limestone cliffs, and lapped by the warm waters of the Andaman Sea.

                  For instance, natural beauty in general helps explain Phuket’s popularity… The lifestyle is so appealing that it has attracted an expat community of more than 115,000.

                  Wellness is a big trend in Phuket, particularly massage and yoga, but also breathing, meditation, and mindfulness. Plus, golf is a beloved pastime here, with nine courses in the vicinity.

                  8. Belize

                  Paradise beach on island caye Carrie Bow Cay Field Station, Caribbean Sea, Belize
                  AdobeStock/Simon Dannhauer

                  Quick Facts About Belize

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                    Why Should I Retire To Belize?

                    Belize is a safe, welcoming, unassuming little country where the population values personal privacy, self-determination, and freedom. That is why it’s among the best places to retire.

                    Once at the heart of the Maya Empire, Belize is today famous for its white-sand Caribbean beaches and clear, unpolluted waters.

                    Most importatly, Belize’s QRP visa is one of the most efficient routes to foreign residency anywhere in the Americas.

                    Also, it’s available to anyone over the age of 45, and it grants a host of incentives, like tax-free importation of household goods, automobiles, boats, or even airplanes.

                    life in Belize, life in Cayo, Cayo Belize
                    iStock.com/Cristian Lourenço

                    Where Should I Retire To In Belize?

                    The Cayo District is a rugged, sprawling region of the Belize mainland that’s full of rivers and rain forests, as well as rustic small towns and villages with strong community spirit.

                    The biggest of Belize’s six districts, the Cayo is paradise for nature lovers, containing some of the country’s best opportunities for exploring rivers, caves, mountains, tropical forests, and wide-open spaces, including several nature reserves.

                    Despite its small size, Cayo offers a nice variety of lifestyle options, including oceanfront, riverfront, lagoonfront, and inland farm-country living.

                    Lots and land are available in both private developments and on the open market.

                    7. Montenegro

                    Kotor, Montenegro. Best places to retire 2024

                    Quick Facts About Montenegro:

                    Why Should I Retire To Montenegro?

                    Montenegro has broad appeal. But, not many in North America have even heard about this country.

                    It’s widely expected to join the European Union in the next few years. (Some say it will happen in 2025; some say 2030.) And, if you establish residency or citizenship before then, Montenegro could become the fastest backdoor to an EU passport.

                    Kotor Bay in Montenegro. best places to retire
                    AdobeStock/Givaga

                    Kotor Bay boasts 57 miles (107 kms) of sparkling coastline that features towering mountains and stunning fjords.

                    It offers a range of lifestyle opportunities… You can opt for the historical charm of Kotor Old Town or the highend, flashy modernity of a luxury private development, like Porto Montenegro in Tivat.

                    Costs of living are flexible in Kotor Bay, with standard to luxury-level lifestyles available. Also, you can get by in English alone in here.

                    There’s a mid-sized expat community in Kotor Bay, mostly made up of Europeans (Germans, Swiss, Dutch, Scandinavians, and so on), with some North Americans and Turkish people thrown in.

                    Start Your New Life Today, Overseas






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                      6. France

                      Best places to retire in 2024 Gascony France
                      AdobeStock/JackF

                      Quick Facts About France:

                      Why Should I Retire To France?

                      France is the good life defined. The food, the wine, the art, the shopping, the history…

                      This country boasts the most beautiful and romantic city on Earth, plus the best of country living and dramatic Mediterranean and Atlantic coasts.

                      On top of all this, France is home to the world’s best health care, the world’s best infrastructure, top international schools, and a relaxed way of life…

                      And, in some parts of the country, the very good life can be very affordable as well. In short, you could retire in style for less.

                      Cloisters of the Abbey at La Romieu, situated on one of the major Pilgrim routes in Gascony. move to france

                      Where Should I Retire In France?

                      Nestled in the sedate southwestern corner of France, between Bordeaux and the Pyrenees, this peaceful region is one of the least-known destinations in the country.

                      Gascony is one of the most affordable French lifestyles available

                      Some of our favorite towns here include Fourcès, known for its weekly produce market and annual flower fair… Lupiac, hometown of the legendary d’Artagnan of the Musketeers…

                      Gascony is yet another destination that proves that life in Europe is not financially out of reach for Americans…

                      Start Your New Life Today, Overseas






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                        5. Panama

                        Skyline with green grass and flag in Panama
                        Adobe Stock/Andy Korteling

                        Quick Facts About Panama:

                        Why Should I Retire In Panama?

                        Panama is blessed with ample coastlines, beautiful beaches, island getaways, mountain retreats, and colonial towns.

                        Largely as a result of its crossroads positioning, but also thanks to its reputation worldwide as a   top retirement, offshore, and banking haven, Panama is one of the fastest-growing countries in the world and the fastest-growing market in the region.

                        Where Should I Retire In Panama?

                        Chitré is a small, safe, and community-minded town. It’s four hours from Panama City, located in the “interior” of the country (i.e., anywhere in Panama that isn’t Panama City).

                        Being anywhere other than Panama City in Panama usually means that you don’t have easy access to the types of things that expats appreciate—great health facilities, banks, American-style grocery stores, nice cafés and restaurants, entertainment options, and more…

                        Chitré is an exception to this rule. All the amenities offered in the metropolitan area of Panama City, not to mention the abundance of casinos, banks, grocery stores, and hardware stores, can be found in this hidden paradise—a remarkable accomplishment considering its small size.

                        In short, Chitré is perfect for a comfortable, well-appointed lifestyle. It’s largely undiscovered, with limited tourism and a small expat community. For now, it’s one of the most affordable places to live in Panama, including the cost of beachfront property. And, it’s among the best places to retire overseas.

                        Start Your New Life Today, Overseas






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                          4. Greece

                          Crete is in Greece. Best Places To retire 2024
                          AdobeStock/Mariana Ianovska

                          Quick Facts About Greece:

                          Why Should I Retire In Greece?

                          Greece has the highest number of physicians relative to population size in the EU. However, many Greece expats prefer to maintain international private insurance to ensure access to care and shorter wait times for procedures.

                          Violent crime is extremely rare here, and even petty crime is uncommon.

                          Greece’s retirement visa is technically a self-sufficiency visa. This is how most retirees gain the ability to live here long-term. It offers a golden visa program, as well as a digital nomad visa

                          Kalyves village in Crete, Greece. best places to retire 2024
                          AdobeStock/Freesurf

                          Where Should I Retire In Greece?

                          Crete has the highest number of sunshine hours per year in all of Greece. And, it’s the fifth-biggest island in the Mediterranean—and it’s home to everything from cities to mountain villages, beaches to snow-capped mountains, and untouched inland wilderness to ancient olive groves and vineyards.

                          Much of Crete falls under a hot-summer Mediterranean climate, with hot summers and mild winters.

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                            3. The Best Places To Retire: Mexico

                            Mazatlan Cathedral, or Cathedral Basilica of the Immaculate Conception in the historic center of Mazatlan. best places to retire 2024
                            AdobeStock/Kirk Fisher

                            Quick Facts About Mexico:

                            Why Should I Retire To Mexico?

                            Mexico offers lots of options and opportunity for the expat. This is a big, extraordinarily diverse country that offers two long coasts, mountains, and colonial cities… not to mention Mayan ruins, jungle, rain forest, rivers, and lakes.

                            Medical tourism is a fast-growing industry, with more Americans choosing to cross the border to seek quality, affordable health care in Mexico every year. As a result, many Mexican doctors are trained in the United States, Europe, or Canada and speak English fluently.

                            Night view of Mazatlan, Mexico. best places to retire 2024
                            AdobeStock/panda

                            Where Should I Retire In Mexico?

                            Mazatlán offers Mexico’s best beach lifestyle. Located about midway along Mexico’s Pacific coast, it boasts over 10 miles of sandy beaches. For instance, Mazatlán is warm to hot year-round. It doesn’t get much rainfall—perfect for sunseekers.

                            One of the biggest benefits of living in Mazatlán is the low cost of living. This Mexican city is an expat haven for a sizeable international community.

                            As one of the best places to retire overseas, Mazatlán has its own international airport. So, there a direct flights to the States and Canada.

                            2. Portugal

                            Historic Church of Bom Jesus do Monte and her public garden in Braga Portugal. best places to retire 2024
                            Adobe Stock/bennymarty

                            Quick Facts About Portugal:

                            Why Should I Retire To Portugal?

                            Portugal is our all-around favorite retire-overseas destination. It has a low cost of living, easy residency, and tax incentives for foreign residents.

                            It also has great food, more sunshine than anywhere else in Europe, some of the best beaches and golf in Europe, excellent infrastructure, and a large English-speaking population.

                            Access is easy and cheap, making this a great base from which to explore the whole of the Continent.

                            Braga in Portugal. best places to retire
                            AdobeStock/kino1493

                            Where Should I Retire In Portugal?

                            Braga is the culturally vibrant capital of Portugal’s northern Minho Province, famous for its lush, green landscapes that produce vinho verde wine.

                            It’s an off-the-radar retirement choice in Portugal… especially compared to the Algarve, Lisbon, and Porto…

                            Braga is a small city with a population of under 200,000 people. As a result, this city is affordable not only relative to the costs of living in the United States and Canada; it’s also affordable relative to other places in Portugal.

                            Most importantly, Braga is definitely worth considering if you’re looking for a peaceful, beautiful place to retire in style for less.

                            Start Your New Life Today, Overseas






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                              1. The Best Places To Retire In 2024: Spain

                              Coastal Retirement In Valencia, Spain. best place to retire

                              The Best Places To Retire In 2024 – Quick Facts About Spain:

                              Why Should I Retire To Spain?

                              The best place to retire in 2024 is in Spain…

                              For North Americans who perceive Western Europe as too expensive, Spain will come as a pleasant surprise. Everything from health care to rent to meals out comes at a discount here.

                              Most importantly, Spain is the second-most mountainous country in Europe after Switzerland. This geography has created pockets of distinct cultures across the country, meaning there is much to explore and experience.

                              Start Your New Life Today, Overseas






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                                Two beaches in Peniscola, Valencia Spain. best places to retire
                                AdobeStock/Ivan Abramkin

                                Where Should I Retire In Spain?

                                Valencia is both an appealing coastal city retirement option in Europe and a top option for making a euro-denominated property investment.

                                Most importantly, Valencia is world-famous for its architecture, and exotic embellishments like mosaics and tiling in styles from across the Mediterranean in fascinating ways.

                                As a relatively large Spanish city, the English ability of Valencia’s locals is decent. You could get by on English alone… things like ordering at a restaurant or buying groceries shouldn’t be a problem.

                                Where Is The Best Place To Retire In The World 2024?

                                The Complete Rankings Of The 2024 Overseas Retirement Index

                                Here's the complete list, ranked in order from first to last and including the final grades, of our picks for the world's best places to retire abroad in 2024.
                                 
                                Position Destination Final Grade
                                1. Valencia, Spain A
                                2. Braga, Portugal A
                                3. Mazatlán, Mexico A-
                                4. Crete, Greece A-
                                5. Chitré, Panama A-
                                6. Gascony, France B+
                                7. Kotor Bay, Montenegro B+
                                8. Cayo, Belize B+
                                9. Phuket, Thailand B
                                10 Santa Marta, Colombia B
                                Kathleen

                                Reviewed By Kathleen Peddicord

                                Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

                                Start Your New Overseas Life Today

                                A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2024






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                                  The Best Places To Retire In 2024- FAQs

                                  Lower living costs, decreased taxes, a more easygoing and healthier lifestyle, and affordable quality health care options.

                                  We don’t know, but, after more than three decades of experience considering the whole world in this context, we have some good ideas about where makes sense generally for a high quality of retirement life… where probably doesn’t… and why.

                                  It is in that spirit that, each year, that we publish the Overseas Retirement Index. A concise guide to the best places to retire…

                                  Here are some of the top locations to consider when searching for the best places to retire in 2024.

                                  1. Spain
                                  2. Portugal
                                  3. Mexico
                                  4. Greece
                                  5. Panama
                                  6. France
                                  7. Montenegro
                                  8. Belize
                                  9. Thailand
                                  10. Colombia

                                  In the category of crime and safety, it’s no surprise that Portugal is at the top of nearly everyone’s list.

                                  Most of the index havens are safer than the United States…

                                  • 1 out of 12 index countries ranked higher than Canada (#11) in the 2023 Global Peace Index.
                                  • Almost every haven (9 out of 12) ranked higher than the United States.

                                  This is the probably the most frequently asked question we get, year-in and year-out.

                                  As ever, the answer is “it depends on you”. To find out, imagine your ideal lifestyle and make a list of what you want from your new life.

                                  Then look at the numbers in that context. Where will your budget allow you to buy the lifestyle you’re looking for?

                                  The important thing to remember when thinking about your retirement is, don’t compromise.

                                  Don’t tell yourself you can live without the things you love. And, if the place you had in mind doesn’t fit with your ideal lifestyle, keep looking.

                                  Be honest with yourself and move for the right reasons to a place where you will be happy.

                                  Both Spain and Greece are excellent choices when looking for a safe and affordable place to retire.

                                  Also, Spain offers a high standard of living and, of course, it’s also a safe country. We recommend Valencia, where the average cost of living is 49% cheaper than the cost of living in the United States.

                                  For instance, Portugal is also a good option – it has a low cost of living and a high standard of living. It’s also a safe country, and it has a variety of cultural attractions to offer retirees.

                                  Sign up for FREE and learn how to live the good life on a modest budget, find bargain property, and more. Plus, check out our free report on the 10 BEST PLACES TO RETIRE.

                                  RETIRE OVERSEAS AND LIVE LIKE ROYALTY






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