5 Best Places To Retire In 2016

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Best Places to Retire

This selection of best places to retire gives you an idea of where to go to reinvent your life in retirement. Places where you will be able to reduce your cost of living.

5 Best Places to Retire in 2016

In Europe:

1 – Algarve, Portugal.

Algarve has a low cost of living, affordable real estate and great weather. Golden Visa Portugal Residence Permit Programme grants foreigners and their families to live in Portugal, obtaining a residence permit by investing in the country.

The area includes the stunningly beautiful coast line, medieval towns and fishing villages. Health care is international-standard, and medical tourism is a growing industry.

The Algarve also offers great weather, with 3,300 hours of sunshine per year. That’s more sunny days than almost anywhere else in Europe, which allows you to enjoy some of Europe’s best-kept sandy beaches. In addition, the region is a top golfing destination with 42 golf courses in less than 100 miles.

The cost of living in Portugal is among the lowest in Western Europe. A retired couple could live here comfortably on a budget of as little as $1.500/€1.500 per month. With a budget of €2,000 per month or more you could enjoy a more luxurious European lifestyle. For years on the best places to retire list in the world.

Abruzzo, Italy
Abruzzo, Italy

2 – Abruzzo, Italy.

Abruzzo it known for its golden beaches and panoramic views of the sea. The nearby mountains offer scenic beauty as well as skiing in the winter. The castles, vineyards and villages made of stone allow you to imagine you are transported to another era.

Pescara has one of the best city beaches in Europe and is not far from the Apennine ski slopes. Ambitious retirees might be able to visit both in the same day. The delightful recreation options and beautiful scenery are available at bargain prices. A couple could retire here on as little as $1,800 per month.

best places to retire
Cayo, Belize
In Latin America:

3 – Cayo, Belize.

Belize is one of the quirkiest countries in the world. Belize is Caribbean, Central American and, thanks to its history as a former British colony.

English is the country’s official language. The population is 350,000 people.

Belize is a sunny country that’s easily accessible from the United States and all speak English. It’s also one of the easiest places in the world to establish foreign residency, as well as a banking and tax haven. You could live and run a business here tax-free.

On the other hand, this is a small country where the infrastructure is developing. The cost of living can be affordable. However, if you want to live a more developed world lifestyle that involves buying lots of things not available or produced locally, be prepared to pay an inflated price for imported goods.

best places to retire4 – Las Terrenas, Dominican Republic.

The Dominican Republic is a melting pot with an eclectic population and a diverse history informed by Afro-Antillean, European, North American and Latin cultures.

This island is among the most affordable spots in the Caribbean. It’s a place where you could retire near the beach even if your retirement nest egg is nothing more than a monthly Social Security check. If you can swing a travel budget, island-hopping around the Caribbean could be your new retirement hobby from this convenient base.

The Dominican Republic makes establishing residency easy. The country embraces foreign investors and even rewards them through incentives. Residents are eligible for local home financing, can import household goods and a car tax-free and could qualify for citizenship.

Las Terrenas is a vibrant international community with residents from all over the globe, including French, German, Polish, Swiss, Italian, Dutch and British expads.

Despite its thriving foreign population, costs in Las Terrenas have remained local. A couple could live well here on just $1,200 a month. You could buy a loft-style apartment for less than $100,000, a town house in a gated community for under $200,000 or a private villa for as little as $250,000.

5 Best Places to Retire in 2016

In Asia:
best places to retire

5 – George Town, Malaysia.

The Historic George Town began as an 18th century British colonial outpost. In the historic down town various neighbourhoods are reminiscent of China, India and old Malay village. Impressive British-colonial buildings are now banks, churches and residential mansions.

Many of the dilapidated Chinese shop houses have been scrubbed, painted and renovated into attractive hotels, community centres, cafés, galleries and private homes.

The low cost of living is a big part of George Town’s appeal. In some Asian cities, foreigners are overcharged, but in Malaysia visitors pay the same rates as the locals.

Public transports are modern and efficient, health care is first-rate and the tap water is safe to drink. You can also escape the city at nearby beaches and mountain retreats.

Source – Where To Retire Overseas In 2016 by USNEWS:COM

5 Best Places to Retire in 2016