Best Countries To Retire | 2021 Rankings

Originally published at: Best Countries To Retire | 2021 Rankings | Go VisaFree

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Best Countries To Retire | 2021 Rankings

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When it comes to retirement, a rising number of people, particularly Americans, are opting to go overseas. The cost of living, quality of life, and cultural accessibility all play a role in how tempting a country is to retire to later in life. 

In this survey by US News & World Report, countries are ranked on seven attributes, based on scores from people 45 years or older who consider themselves “upper class. These attributes are;

  • Affordability
  • Favorable tax environment
  • Hospitality
  • Is a place I would live
  • Pleasant climate
  • Property rights
  • A well-developed public health system 

The following are the top five on the 2021 Best Countries for a Comfortable Retirement.

1st: Switzerland

In the overall 2021 U.S. News Best Countries list, Switzerland has risen to the top as the best country for a comfortable retirement. Because it is perceived as a country with a favorable tax climate, the European country may appeal to retirees. It also received good marks for economic stability, a well-developed public health system, low corruption, and as a very safe country to live in.

Lake Geneva, Switzerland

2nd: New Zealand

After four years as the greatest country for a comfortable retirement, New Zealand has dropped to second place, despite being the most scenic country and the area where poll respondents said they would most like to live. Note that New Zealand is also on the Top 3 of safest countries in the world.

Those considering retiring to New Zealand should make sure they have a good savings account, as both temporary and parent retirement visas have strict financial criteria.

3rd: Australia

According to survey respondents, Australia’s safety, health-consciousness, and nice people, all add to the allure of gorgeous landscapes and mild winters in the country.

While the high expense of living in major cities may be a deterrent for some, as a retiree you can pick from a variety of smaller cities and rural towns.

4th: Spain

Spain is regarded as one of the most globally connected countries and one of the most culturally accessible. Expatriates may find it easier to retire in the country than in other countries.

Spain has a “Golden Visa” program that makes residency permits easier to get for anyone who spend at least €500,000 on real estate in the country. So if your overseas retirement includes Spain and you have the funds, you can consider Spain Golden Visa.

5th: Portugal

Portugal is among the top five countries for a comfortable retirement in this year’s report. The country receives good marks from survey respondents for its pleasant environment, friendly people, and the fact that it is a place where they would want to reside.

Portugal offers retirement tax policies and visas that have made retirement in the country easier for expats – such as D7 Visa. Another alternative is Portugal Golden Visa. 

One of the beaches in the Algarve, Portugal

Interested to learn more? Here are the countries that make up the rest of the top 20.

  1. Canada
  2. Ireland
  3. Italy
  4. Sweden
  5. Panama
  6. Norway
  7. Greece
  8. Netherlands
  9. Denmark
  10. Costa Rica
  11. Austria
  12. Finland
  13. Belgium
  14. Dominican Republic
  15. Thailand

Reference: US News & World Report
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