The Best Countries for Americans to Retire in 2025

Retirement today is about more than rest—it’s about reinvention. As the cost of living rises across the United States and global mobility becomes easier than ever, more Americans are choosing to spend their retirement years abroad, seeking affordability, safety, and a higher quality of life.

From sun-soaked Mediterranean coastlines to culturally rich Latin American cities, the world offers plenty of destinations where your savings stretch further without sacrificing comfort or connection.

In this article, we’ll explore the best countries for Americans to retire in 2025—those that balance cost, healthcare, climate, and lifestyle in a way that makes life after work not just sustainable, but deeply enjoyable.

How the Best Retirement Countries are Chosen

Compiling a list of the best places for Americans to retire isn’t just about choosing destinations with the best weather or the friendliest people. Our sister site, Global Citizen Solutions, conducted in-depth research and developed a comprehensive Retirement Guide for US Citizens.

The guide integrates public data, academic research, expert opinions, and industry insights to identify the top 16 countries favored by American retirees, based on factors like quality of life, integration ease, community acceptance, security, and economic conditions.

The Global Citizen Solutions retirement index for US retirees is composed of seven target-oriented indicators grouped into three thematic sub-indices:

• Quality of Life
• Security and Integration
• Economics

Data for these indicators is collected from reliable secondary sources, such as Numbeo for information on cost of living, rent prices, climate, and healthcare system ratings. Other databases are used for indicators like the Global Peace Index, Migrants Acceptance Index, and English Proficiency Index.

Tax optimization scores take into account a country’s agreements to avoid double taxation, special tax regimes for expatriates, and non-taxation of foreign-earned income. Additionally, flight availability and distance are evaluated based on factors such as flight duration and the availability of direct flights to ensure accessibility for US expatriates.

The final index for each country is calculated by multiplying the normalized value of each indicator by its assigned weight and summing these products. This results in composite scores that represent the overall suitability of each country for US retirees.

Top Ten Best Places for Americans to Retire Abroad

The best countries for Americans to retire in 2025 include Portugal, Panama, and Spain, which consistently rank high for affordability, healthcare, and overall quality of life. Other top contenders are Costa Rica, Mexico, and France, known for their lower cost of living and good healthcare options. Additionally, Greece, Italy, and Malaysia are attractive choices due to their rich cultures and established expat communities.

So, according to Global Citizen Solutions, here are the best places for US retirees to live abroad:

1. Spain

Spain continues to top global retirement lists for good reason. With its combination of year-round sunshine, Mediterranean lifestyle, and relatively low cost of living, it offers an exceptional quality of life.

Retirees find that their pensions stretch far further here than in the US, particularly in smaller cities such as Valencia, Alicante, and Seville, especially when they are on Spain’s Golden Visa.

Housing remains affordable compared to other Western European nations, and essentials like food, healthcare, and public transport are all reasonably priced. Spain’s public healthcare system is excellent and, once residents are registered, provides world-class medical care at minimal cost.

Beyond affordability, Spain’s cultural richness and lifestyle are a major part of the appeal. The country’s cities are vibrant yet laid-back, balancing historic charm with modern convenience.

Expats benefit from a warm social atmosphere and well-established international communities, especially along the Mediterranean coast and in regions such as Andalusia.

With its safe streets, mild winters, and rich culinary traditions, Spain provides the perfect backdrop for retirees seeking both comfort and vitality in their daily lives.

2. Portugal

Portugal offers an unmatched blend of affordability, safety, and simplicity, making it one of the best retirement places outside the US. The cost of living is among the lowest in Western Europe, and the healthcare system is reliable, with both public and private options available at a fraction of U.S. prices.

The Portugal D7 Visa, designed for retirees and passive income earners, provides an accessible pathway to long-term residency. From the cosmopolitan energy of Lisbon to the serene beaches of the Algarve and the tranquil charm of the Silver Coast, Portugal caters to every lifestyle and budget.

What sets Portugal apart, however, is its sense of ease. English is widely spoken, bureaucracy is manageable, and communities of American and European retirees have flourished across the country.

Portugal consistently ranks as one of the safest countries in the world, and its mild climate supports an outdoor lifestyle year-round. Add to that excellent transport links, a rich cultural heritage, and an inclusive social environment, and you have a retirement destination that balances practicality with genuine quality of life.

3. Costa Rica

Costa Rica offers a unique combination of natural beauty, political stability, and accessibility that has made it a long-time favorite among American retirees.

The “pura vida” lifestyle—simple, peaceful, and focused on well-being—aligns perfectly with the priorities of those looking to slow down without disengaging. The cost of living is modest, especially outside San José and popular tourist zones.

High-quality healthcare is widely available and affordable, with residents able to access the universal public system or purchase private insurance at low rates.

For retirees who value nature and community, Costa Rica delivers both. It’s home to one of the world’s five Blue Zones, the Nicoya Peninsula, where residents regularly live well into their 90s thanks to active lifestyles and strong social bonds.

Expats are welcomed across the country, with thriving communities in towns like Atenas, Grecia, and Tamarindo. From eco-friendly living to beachside relaxation, Costa Rica offers a healthy, sustainable, and socially connected retirement experience at a manageable cost.

4. Uruguay

Uruguay often flies under the radar, but this small, progressive nation offers a level of stability and comfort that few Latin American countries can match. With a strong democratic system, excellent safety record, and low corruption levels, it’s ideal for retirees seeking predictability and calm.

The cost of living is moderate, and the healthcare system is among South America’s best, with residents able to join affordable private health cooperatives known as mutualistas. Its retirement visa program is straightforward, and foreign income is generally exempt from local taxation.

Culturally, Uruguay is welcoming yet understated. Montevideo offers a relaxed coastal capital with excellent amenities, while Punta del Este and smaller beach towns provide tranquil escapes.

There’s a distinctly European atmosphere, shaped by Italian and Spanish heritage, reflected in the country’s architecture and cuisine. Uruguay also prioritizes sustainability, personal freedoms, and a slower pace of life.

For retirees seeking a safe, modern, and politically stable home base in Latin America, Uruguay is a quietly exceptional choice.

5. Mexico

Mexico remains the most popular destination for U.S. retirees—and with good reason. The combination of proximity, affordability, and cultural vibrancy makes it a natural extension of North American life.

The cost of living is dramatically lower than in the U.S., healthcare is both high-quality and accessible, and the Temporary Resident Visa provides a simple route for long stays.

Retirees can live comfortably on a modest income, particularly in regions like Mérida, Lake Chapala, or San Miguel de Allende, where housing is affordable and infrastructure is strong.

What truly makes Mexico special, however, is its warmth—both in climate and in spirit. Local communities are welcoming, food and culture are world-class, and established expat hubs make integration easy.

The country’s healthcare system, especially private care, is exceptional in major cities, and costs are a fraction of those in the U.S. Whether you’re drawn to the beaches of the Riviera Maya, the colonial charm of Oaxaca, or the highland tranquility of Ajijic, Mexico offers diversity, accessibility, and a sense of home.

6. New Zealand

New Zealand attracts retirees who value natural beauty, safety, and community over sheer affordability. The country’s clean environment, low crime rate, and excellent healthcare make it one of the world’s most liveable destinations.

While the cost of living is higher than in Southern Europe or Latin America, the value lies in the quality of life it delivers—fresh air, outdoor recreation, and a calm social environment. The public healthcare system is strong, supplemented by private options for faster service.

Beyond the practicalities, New Zealand’s charm lies in its culture and pace. The country’s smaller cities—Nelson, Tauranga, or Dunedin—offer a balance of community and independence, while coastal towns provide access to stunning scenery without isolation.

English-speaking and politically stable, New Zealand offers retirees the familiarity of a Western lifestyle in a peaceful and unhurried setting. It’s particularly suited to those who prioritize wellbeing, space, and environmental consciousness over cost savings.

7. Italy

Italy has long held a magnetic appeal for retirees, offering culture, cuisine, and climate in equal measure.

While major cities like Rome and Milan can be costly, rural areas and southern regions such as Puglia, Abruzzo, and Sicily provide exceptional value. The cost of living can be surprisingly reasonable, especially when it comes to housing and food.

Italy’s healthcare system is one of the strongest in Europe, and the elective residency visa enables financially self-sufficient retirees to reside in the country on a long-term basis.

Retirement in Italy is about embracing a slower, more intentional lifestyle. Each region offers its own character—from the vineyards of Tuscany to the fishing villages along the Amalfi Coast—and the rhythm of daily life emphasizes family, food, and community.

The quality of local produce, the social culture of small towns, and the depth of art and history create a sense of richness that goes far beyond material comfort. For retirees seeking both meaning and beauty, Italy offers both.

8. Canada

For many Americans, Canada offers the most accessible and familiar international retirement option. Shared language, close proximity, and strong infrastructure make it a comfortable transition.

While not the cheapest destination, the cost of living is offset by the country’s exceptional safety, stability, and access to healthcare. The publicly funded healthcare system is highly regarded, and private supplements are affordable.

Housing costs vary widely, but many smaller cities and coastal communities—such as Victoria, Halifax, or Québec City—offer reasonable prices and high quality of life.

Canada’s appeal lies in its quality of life and community spirit. It’s a country that values inclusivity, public services, and the preservation of nature. From the mountains of British Columbia to the maritime charm of Nova Scotia, retirees can enjoy clean environments and easy access to outdoor recreation.

Reliable governance and a transparent legal system add a sense of security that few other countries can match. For those seeking predictability and comfort rather than adventure, Canada is an enduring and practical choice.

9. Ireland

Ireland’s combination of warmth, culture, and accessibility makes it a natural fit for American retirees. English-speaking and deeply familiar in spirit, Ireland offers a friendly environment with modern amenities and world-class healthcare.

While Dublin can be expensive, smaller cities and towns—Galway, Cork, Kilkenny, or Waterford—offer lower living costs and a close-knit sense of community. The Irish Retirement Visa provides a straightforward path for financially independent retirees who can demonstrate sufficient income.

Culturally, Ireland offers a richness that belies its size. Music, literature, and conversation are woven into everyday life, and the landscape—from rugged coastlines to green valleys—encourages exploration.

The slower pace of life, combined with a strong sense of belonging, creates an ideal atmosphere for retirees looking for balance and connection. With its proximity to mainland Europe and strong transport links, Ireland also serves as a practical and inspiring base for wider travel.

10. France

France continues to captivate retirees with its blend of sophistication, culture, and comfort. It’s often more affordable than many expect, especially outside Paris and the Côte d’Azur.

The French healthcare system is among the best globally, offering comprehensive care at modest costs once residency is established. Regions such as Occitanie, Brittany, and the Dordogne offer affordable real estate, stunning natural beauty, and thriving international communities. The cost of everyday living—from food to transport—remains reasonable, particularly in smaller towns and rural areas.

Beyond practicality, France offers an exceptional quality of life. Daily routines revolve around good food, local markets, and cultural engagement, all supported by excellent public services and infrastructure.

Whether you prefer the relaxed charm of provincial towns or the cosmopolitan appeal of urban centers, France provides an environment where retirees can live well, not just affordably. Its balance of healthcare, culture, and community make it one of Europe’s most enduring choices for a graceful retirement.

Is Portugal still the best option for American retirees?

For many Americans, Portugal remains the gold standard for retirement abroad. Its enduring popularity comes down to three essentials: affordability, accessibility, and lifestyle quality.

The cost of living is still significantly lower than in the US, even with recent price increases in Lisbon and Porto. Healthcare is high-performing, inexpensive, and accessible to residents through both public and private systems.

The D7 Visa continues to provide a straightforward pathway to residency for retirees with passive income, and Portugal’s low crime rate and political stability make it one of the safest countries in Europe.

Beyond these practicalities, Portugal’s lifestyle advantages are hard to overstate. The climate is mild, the culture welcoming, and English is widely spoken in urban and coastal areas. Expat communities thrive throughout the country—from the Algarve’s relaxed beach towns to the cosmopolitan rhythm of Lisbon and Porto—making integration remarkably easy.

While other countries may rival Portugal in cost or climate, few offer the same balance of safety, infrastructure, and quality of life. For retirees seeking a destination that feels both inspiring and secure, Portugal continues to be the benchmark.