This article takes a look at the 5 best places to retire in the world for U.S. citizens. If you prefer to check out our detailed analysis on securing retirement dreams, you may go to the 20 Best Places to Retire in The World for U.S. Citizens.
5. Davao, The Philippines
Insider Monkey Score: 12
Cost of Living: $792
Average Rent: $270
Retirement Visa: Special Resident Retiree’s Visa (SRRV)
Climate: Tropical Rainforest
Also known as the Crown Jewel of the Philippines, Davao City presents the ideal balance between natural beauty, cultural richness, and economic opportunities. Friendly locals, an abundance of beaches, and an idyllic setting make it a popular retirement choice for US citizens.
4. Sliema, Malta
Insider Monkey Score: 13
Cost of Living: $1,866
Average Rent: $1,000
Retirement Visa: Malta Retirement Program (MRP)
Climate: Mediterranean
The coastal town of Sliema in Malta is appreciated by retirees for its Mediterranean climate, waterfront lifestyle, and historical charm. English is one of the official languages here, making it easy for retirees to integrate into the community. The healthcare system is well-developed, the culinary scene diverse, and the environment both safe and peaceful. Another plus point of retiring to this beautiful town is its proximity to Valetta, offering additional shopping, dining, and similar experiences.
3. Cuenca, Ecuador
Insider Monkey Score: 13
Cost of Living: $1,108
Average Rent: $703
Retirement Visa: Jubilado Visa
Climate: Subtropical Mountain
Beautiful, safe, and inexpensive, Cuenca in Ecuador is another ideal place for seniors to call home. It boasts a subtropical mountain climate, a rich cultural heritage, and even quality and affordable healthcare. The city is home to a growing expatriate community, with numerous social clubs and groups available to socialize. Cajas National Park is a highlight of this city, offering lakes and hiking trails to explore. It is possible to retire in Cuenca on $1,000 a month.
2. Basseterre, Saint Kitts and Nevis
Insider Monkey Score: 14
Cost of Living: $1,600
Average Rent: $850
Retirement Visa: Citizenship by Investment Program
Climate: Tropical Rainforest
Characterized by a warm climate, stunning beaches, and a vibrant local community, Basseterre is one of the best cities to retire in Saint Kitts and Nevis. The region provides an ideal blend of island living and Caribbean charm, making it a serene retirement destination.
1. Corfu, Greece
Insider Monkey Score: 15
Cost of Living: $1,196
Average Rent: $755
Retirement Visa: Financially Independent Person Permit (FIP)
Climate: Mediterranean
Featuring lush green landscapes and picturesque coastlines, Corfu is one of the best places to retire in the world for US citizens. The island boasts a Mediterranean climate, and residents get to enjoy a laid-back lifestyle here. Seniors lead an active regime here, spending time outdoors and indulging in the delights of its healthy Mediterranean diet. The city also hosts numerous festivals and events throughout the year.
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