Countries You Can Spend Your Retirement Days Comfortably
If you're looking for the best countries to spend your golden years, then you're in the right place. Spending your retirement days abroad can save you a lot of money and in addition to this, allow you to enjoy the perks that come from living in beautiful locales. Now, after having worked for many years, the quality of life in your retirement years will be determined by the decisions you make thereafter (and even before).
One thing to note, however, is that you can have a better life in a foreign country than in your motherland. Well, of course, this will depend on the value of your home currency and other factors of the global economy. In other words, you'll also need to consider a few other factors such as the quality of life, cost of living, political stability, and access to the most basic amenities. Whether you're the outgoing type or you just want to settle down in a more serene and quiet environment, there's always something for everyone in different countries.
Below are some incredible countries you can spend your retirement days comfortably.
1. Turkey
There are so many reasons why you may want to spend your retirement days in turkey. For starters, there are so many elements of daily life in Turkey that makes it affordable than in some areas of Europe and the UK. Among the most affordable things that bring the cost of living in Turkey a notch lower include the cost of homeownership and most basic amenities such as electricity and water. If you're looking to achieve a first-class European experience, Ian Bond from Retirement Rehab says that retiring in Turkey is one of your best choices. In addition to its low cost of living, Turkey is also one of the most beautiful countries on the planet. Quality health care is also affordable, especially in areas such as Istanbul. In case you're willing to try out for some time before deciding to settle there, the process of obtaining a Turkish resident permit is also not as complicated as in most other countries.
2. Costa Rica
If you're looking to retire in a tropical paradise, then Costa Rica is the place to be. You don't need a paradise price tag to enjoy life in this beautiful tropical part of the world. Enjoy your outdoor activities at the shores water surfing and fishing. You might as well go for jungle hikes or horse riding. The cost of health care in Costa Rica is affordable, and they have an excellent system that ensures the best health care services. However, you'll need at least a $1,000 monthly income from your social security or pension if you're looking for a long-term life in Costa Rica.
3. Peru
If you're looking for a quiet life, then Peru is your retirement destination. Unlike the capital, Lima, where the cost of living can get a bit expensive, Peru is affordable. You'll also get to enjoy the vast coastline, ancient ruins (Machu Picchu), and picture-perfect views of the mountains. If you're retiring with a spouse, then they'll love it in Peru!
4. Malaysia
Now, if you want to live your retirement in style and still have a bit of leeway in your social security check, Malaysia is the place to be. Recently ranked the 16th most peaceful country on the planet, Malaysia has a fascinating twist of cultural mix. For retirees looking to eat healthily and cheaply, Malaysia offers a wide range of naturally sourced cuisines. Here are a few reasons why most people are retiring in Malaysia:
- Great housing options
- English is the second language
- Excellent health care services
- Political stability
5. Malta
On the map, this small island can easily be missed. But look closer! Malta lies between North Africa and the coasts of Sicily. Malta is increasingly becoming the most sought after retirement destination in the world. It shouldn't come as a surprise, but the crystal clear waters are a charm to bequeath, not to mention the aesthetic appeal of this tiny archipelago island. Now, apart from enjoying an affordable cost of living, Malta has great weather, it's an English speaking island, and you won't get bored. There are many retiree families living on the island and you also get to enjoy a laid-back kind of lifestyle.
6. Kenya
Kenya is among the many African countries whose economy is growing exponentially. With agriculture being the backbone of her economy, you can be sure to enjoy a variety of locally grown nutritious foods. There are so many beautiful sceneries and tourist attractions to enjoy in Kenya. You may decide to relocate to the coastal areas for the perfect tropical lifestyle. There are great places you can choose to live because the cost of buying land and homeownership is affordable.
While everyone has their own opinions when it comes to the most ideal spots to spend their retirement days, having tips such as the ones highlighted above can help in narrowing down your search. Living in some of the mentioned countries will allow you to solely rely on your social security, but if you feel like going the extra mile and doing something within your profession, then you'll have made life more affordable and even worth your time. Hopefully, the above list just about covers it for you.
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