Choosing to live abroad in your retirement can be a fantastic adventure. There are so many amazing destinations to choose from and many benefits to living abroad as an expat retiree. Many people decide to retire abroad to enjoy a warmer climate and an easy pace of life compared to at home. Here are some of the best places to retire to if this is a path you wish to take.
No matter where you go in Spain, there is bound to be a group of European expats somewhere nearby. The laidback culture and sunny weather make this the perfect place to retire to for many. Whether you are staying in one of the beautiful cities, buying a villa in the mountains, or setting yourself up on the Costa del Sol, there is always going to be a place in Spain waiting for you.
When emigrating to somewhere in the EU for your retirement, you need to make sure that you will always have proper access to your pensions. The cost of living in Spain is cheaper than a country like the UK but that does not mean that you can’t afford to be lax with your money. Consulting a firm like Tailor Made Pensions will ensure that everything is in place as it should be so you can settle back and enjoy your retirement properly.
If you are ready to emigrate to somewhere which is readymade for retirees then you cannot go wrong with Florida. The Sunshine State has everything you need for a blissful retirement in the sun. If you are searching for a place to retire that has a booming social life, this will be the place to do it. It is predicted that by 2030, Florida will have a population of 6 million over the age of 65.
The many cities in Florida can also all provide you with a different style of life. No matter whether you are staying close to Orlando for visits from your grandchildren or you heading to one of the many amazing stretches of coast, Florida will always have a place for you.
Believe it or not, Panama consistently ranks as one of the best places in the world for retirement. It has beautiful weather all year round and a lot of the population speaks English. With the official language being Spanish, it also won’t be that difficult to pick up a few key phrases as you need them.
One of the biggest draws of Panama is the cost of living. Income tax is kept at zero for expats for fifteen years. Retirees are also able to sign up to the Pensionado program which can grab them important discounts for many areas of life including medical care. What’s more, Panama usually manages to avoid the hurricanes which plague places like Florida.
Retiring abroad is a brilliant choice for many people. No matter where you happen to go, you are bound to have a fantastic retirement. Just make sure you have everything you need in place before you go!