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MexicanZip | Real Estate
Aug 2, 20232 min read

Discover your dream destination as a retiree with our guide to the top 3 countries. 🌎

As we navigate through 2023, the prospect of retiring abroad continues to attract many American retirees. The Annual Global Retirement Index by International Living provides a comprehensive guide for those considering this path, offering insights into the best retirement havens worldwide. Here, we highlight the top three countries for American retirees.



Portugal

Topping the list is Portugal, a country known for its welcoming environment, beautiful coastline, and tax-friendly schemes like the Golden Visa Program. Portugal offers a low cost of living, high-quality healthcare, and a safe environment. Its picturesque landscapes, historic towns, and pristine beaches add to the charm, while a strong infrastructure and English-speaking locals make it welcoming for expats.


A scenic view of a beautiful beach in Portugal, with golden sand stretching out to meet clear turquoise waters. The beach is framed by towering cliffs on either side, and there are a few people enjoying the sun and waves in the distance.
©iStock/pkazmierczak

Mexico

Ranking second is Mexico, a country with a large community of American expats and a vibrant culture. Mexico offers a variety of climates, affordable living, and a rich cultural heritage. The robust dollar exchange rate further enhances its appeal, while the country's healthcare system is highly regarded, offering low-cost subsidized insurance and alternative treatments.


A charming town in Mexico showcasing a picturesque landscape under blue skies. The image features a magnificent cathedral as a prominent centerpiece. The vibrant colors of the town's buildings and lush greenery harmonize with the clear blue skies, creating a serene and captivating scene.
©iStock/ferrantraite


Panama

Securing the third position is Panama, a country with an appealing climate and reasonable cost of living. Panama is known for its tropical climate, modern infrastructure, and friendly locals. The country's pensionado program offers attractive benefits and discounts to foreign retirees, making it a popular choice for American retirees.


An image of Panama showcasing a mix of urban and natural elements. The foreground features modern buildings, with their distinctive architectural styles, overlooking the sea. In the background, lush trees provide a vibrant and green contrast to the cityscape. The composition captures the harmonious blend of urban development, natural beauty, and coastal charm in Panama.
©Victoria Harmer

Retiring abroad is not just about finding a place to live; it's about finding a community where you can thrive. Whether you're drawn to Portugal's welcoming environment and beautiful coastline, Mexico's vibrant culture and affordable living, or Panama's appealing climate and reasonable cost of living, there's a retirement haven out there for everyone.


Stay tuned for more insights into the best countries for retirement in 2023. In the meantime, consider using International Living's Retirement Calculator to help find your best global retirement destination based on your age, savings, and projected income. Happy planning!

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