This article looks at the 5 best countries for a couple to live on social security. You may check out our detailed analysis on the search for global retirement alternatives and the full list of 15 Best Countries for a Couple to Live on Only Social Security.
5. Romania
Insider Monkey Score: 26
IM Cost of Living Index: 75.1
Another great country to retire is Romania. Beautiful scenery, affordable cost of living, and rich cultural heritage make it a great choice for retirees. From the charming medieval towns of Transylvania to the scenic Carpathian Mountains and the serene Black Sea coastline, there are many options to consider when choosing one’s retirement destination. Being an EU member state, retirees have access to modern conveniences as well as easy access to the rest of Europe.
4. North Macedonia
Insider Monkey Score: 29
IM Cost of Living Index: 46.4
Another safest and cheapest option to consider for retirement for seniors is the landlocked country of North Macedonia. The country’s Mediterranean climate, captivating history and culture, and picturesque landscapes attract retirees from around the globe. The cost of living in the country is 53.6% lower than the global average.
3. Bulgaria
Insider Monkey Score: 31
IM Cost of Living Index: 66.9
Making it to the third place on our list of best countries for a couple to live on only Social Security is Bulgaria. A country in the Balkans, Bulgaria allows expats to stretch their retirement incomes further. Living expenses in the country are 33% lower than the global average, and a retired couple can live easily on their combined Social Security checks. The country’s well-preserved historical towns, vibrant cities like Sofia and Plovdiv, and warm, welcoming communities provide an appealing mix of modern conveniences and traditional charm.
2. Vietnam
Insider Monkey Score: 32
IM Cost of Living Index: 40.3
Vietnam’s promising blend of affordable living, vibrant culture, and stunning natural landscapes make it a top choice for many retirees. Vietnam’s healthcare system is accessible and affordable, and there are many modern facilities available. Owing to its diverse landscapes, deep cultural heritage, and welcoming communities, Vietnam lands second on our list. While there is no retirement program offered by the country, there are alternative visas available that allow expats to live for more than six months.
1. Thailand
Insider Monkey Score: 34
IM Cost of Living Index: 47.8
Home to a large expat population, Thailand is the best country for a couple to live on only Social Security. Chiang Mai, Phuket, and Pattaya are some popular destinations within the country for retirement. Living expenses here are 52.2% lower than the global average, and a couple can retire easily here under $2,000. The best part about this country is that the healthcare system is both affordable and high-quality, allowing retirees to live a comfortable life.
To learn about other countries, check out our detailed article on 15 Best Countries for a Couple to Live on Social Security.
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