International Living, an expat lifestyle magazine, ranked countries around the world in terms of housing, cost of living, culture, health, safety, and climate. This ranking has been made to find out the best retirement places in the world.
Ecuador tops the list, has the lowest cost of housing and living and has a pleasant climate. For example, Cuenca, its third largest city, demands a cost of living of $17,000 a year. The colonial city features spectacular architecture and contemporary communities. There are also shopping places around.
It is not easy to choose the right places because many factors must be considered. People of retirement age have special needs that their hometowns may not be able to meet. These people need comfort, relaxation, security and good health care facilities. Unfortunately, not all places in the world offer such benefits.
Keep in mind that the best countries may have areas where living could be unfavorable. Mexico, for example, is another ideal country for expatriates. But Mexico’s Puerto Vallarta doesn’t offer convenient living for many retirees. Tepic, which is a smaller town to the north, may be better in terms of cost of living.
At the same time, there are regional variations in the way of life in each country. For example, in Ecuador, retirees can stay in Cotacachi and other high and cool towns. They can also stay in fishing villages or urban towns in Quito and Cuenca. Each city or town has unique characteristics.
The United States is not one of the top ten places to retire in the world. In addition to having a generally high cost of living, the country also doesn’t fare well in terms of special benefits given to retirees. One of the least favorable countries is the United Kingdom, which has high house prices and cost of living.
In addition to Mexico and Ecuador, other important places for retirees are the Caribbean, Panama, Italy, France, Brazil, Argentina, Australia and Spain. Expats looking for where to retire should do substantial research on favorable destinations before making a decision.
Preferences also play a big part in the equation. Many retirees who just want the good life can live anywhere in the Caribbean, where the tropical setting and pristine beaches offer perfect getaway spots. The crime rate is relatively low, although the authorities have reported an increase in the incidence of crime.
Uruguay, on the other hand, can accommodate any retired senior. American retirees in Uruguay say the locals are friendly. It may not be a top tourist destination, but it also has its own wonders. Those who want to enjoy a peaceful retirement may find Uruguay ideal. Of course, there are also charming shopping places, markets, restaurants and destinations. Of all the cities in Uruguay, Montevideo is probably the best option.
Italy is not to be missed by anyone wondering where to retire, and one of the best destinations is Calitri. Imagine the traditional architecture, the delicious cuisine and the fine wines. Housing is relatively cheap in Calitri. For less than $20,000 you can buy a modest apartment with a kitchen and bathroom. Luxury homes can cost upwards of $60,000. The city is bounded by rolling hills and lush forests. Please note that European citizens in Calitri receive free medical care.
