Retirement is no longer just about winding down; it's a vibrant new chapter of life where individuals seek affordable living, rich cultural experiences, and a high quality of life abroad. Every year, the authoritative International Living’s Global Retirement Index meticulously evaluates global destinations to identify the best spots for retirees. The 2025 results are in, revealing a list of nations that excel in cost of living, healthcare, climate, visa benefits, and overall ease of settling in for expatriates.
Greece Crowned the Ultimate Retirement Haven
The Mediterranean jewel, Greece, has clinched the top position as the world's best country for retirement in 2025. Retirees are drawn to its serene island life, ancient history, and a climate perfect for year-round outdoor activities. While iconic islands like Crete, Corfu, and Paros are popular, many are opting for quieter inland towns known for their affordability and tight-knit communities. A major advantage is Greece's relatively low cost of living compared to Western Europe. With English widely spoken in tourist and expat hubs, daily life is convenient, complemented by good healthcare access and an unparalleled cultural heritage.
Top Contenders for a Fulfilling Retirement Abroad
The index highlights several other countries that offer exceptional retirement lifestyles. Panama remains a favourite, largely due to its famed Pensionado Program, one of the world's most generous retirement schemes offering discounts on everything from medical services to entertainment. Panama City provides cosmopolitan amenities, while towns like Boquete offer cooler climates.
Costa Rica is praised for its environmental commitment, safety, and excellent healthcare. Its "Pura Vida" ethos promotes a stress-free life connected to nature, found in beach towns and mountain villages alike.
In Europe, Portugal stands out for its safety and affordability. The Algarve region, along with cities like Porto and Lisbon, offers a blend of modern amenities, excellent healthcare, and a mild climate. Italy charms with its diverse landscapes—from Tuscany's hills to Sicily's beaches—though savvy retirees look to smaller towns for better value.
France attracts with its sophisticated lifestyle, world-class healthcare, and affordable rural housing in regions like Provence. Its excellent public transport is a significant plus.
Sun, Savings, and Serenity: Other Notable Destinations
Spain promises over 300 days of sunshine in areas like Andalusia, coupled with a lively social culture and low cost of living. Mexico leverages its proximity to the US, offering delicious food, stunning beaches, and inexpensive healthcare in communities like Mérida and Lake Chapala.
In Asia, Thailand is a perennial favourite for tropical living on a budget, with competitive healthcare prices and a strong wellness culture in cities like Chiang Mai. Malaysia rounds out the list with its Malaysia My Second Home (MM2H) program, providing modern infrastructure, affordable advanced healthcare, and widespread use of English in urban centres like Penang and Kuala Lumpur.
The 2025 Global Retirement Index underscores a global shift towards seeking value and enrichment in retirement. From Greece's historic shores to Panama's vibrant cities, these destinations prove that the golden years can be the most adventurous and fulfilling yet.
