In this article, we will take a look at the 5 most luxurious places to retire abroad if you have a budget over $15,000 a month. If you would like to read our discussion on the important factors to consider while retiring abroad, you can go to the 15 Most Luxurious Places To Retire Abroad if You Have a Budget Over $15,000 a Month.
5. Luxembourg
Insider Monkey Score: 86.5
Most Luxurious Place to Live: Belair, Luxembourg City
Monthly Cost of Living = $2196
Quality of Life = 93
This small yet affluent country offers the chance to spend a peaceful and luxurious retirement. The country is known for providing top-tier banking and healthcare services. The monthly cost of living in Luxembourg for a single person stands at $2,196. Furthermore, Luxembourg ranks eighth on the human freedom index. Belair is a sought-after and pricey residential area conveniently located within walking distance of the city center, offering many facilities for retirees.
4. Norway
Insider Monkey Score: 88
Most Luxurious Place to Live: Frogner, Oslo
Monthly Cost of Living = $1909
Quality of Life = 95
Norway is a beautiful country that’s famous for its fjords and high happiness index. While cities like Oslo may have a high cost of living, the country’s emphasis on public services and well-being justifies the investment. The country holds the 10th position on the freedom index. Frogner is an affluent neighborhood in the country that is popular among retirees. It is recognized for its picturesque parks, architecture, and high-end shops.
3. Ireland
Insider Monkey Score: 90
Most Luxurious Place to Live: Killiney, County Dublin
Monthly Cost of Living = $2387
Quality of Life = 93
Some of the world’s most breathtaking coasts and landscapes may be found in Ireland. The combination of this natural beauty, the unhurried pace of life, and the vibrant Irish culture positions it as a suitable place for Americans considering retirement abroad. If Americans choose to retire in Ireland, they should be prepared to spend more money because housing and other expenses are typically greater there than they are back home. Killiney is a prosperous suburb situated in the southern coastal area of County Dublin that can be an ideal location to live for retirees.
2. Denmark
Insider Monkey Score: 91
Most Luxurious Place to Live: Copenhagen
Monthly Cost of Living = $1909
Quality of Life = 96
Choosing Denmark for retirement means heading to one of the world’s happiest nations. Danes are widely considered among the happiest people globally, earning Denmark the 2nd spot in the 2023 World Happiness Report. Furthermore, the country holds the 3rd position on the human freedom index. It is also considered among the safest countries in the world. Copenhagen, the capital of Denmark, stands as one of the preferred places for expats to live a luxurious lifestyle. Renowned for its vibrancy, the city offers many attractions and opportunities.
1. Switzerland
Insider Monkey Score: 92
Most Luxurious Place to Live: Zurich
Monthly Cost of Living = $2973
Quality of Life = 100
Switzerland stands out as a great choice for retirees seeking ultimate luxury. While cities like Zurich and Geneva may be considered more expensive, the country’s exceptional safety, healthcare, and quality of life justify the investment. Switzerland holds the distinction of being the only country in the world with a perfect score of 100 in terms of quality of life. Zurich is consistently recognized as one of the most attractive places to live globally.
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