When you are retired, you can have the freedom to do anything you want. This includes moving abroad to a new country. This can be an exciting move that is outside of your comfort zone and allows you to explore places you have never seen before.
But, before you rush into moving somewhere foreign to you, you have got to do your research. Namely, you want to find safe places to retire. It can also be beneficial to look for more affordable places to live so that you can stretch your money further without having any worries. Let’s take a look at some of the world’s cheapest and safest places to retire.
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Panama
Have you ever considered moving to Panama? This is a beautiful place that offers you the chance to relax on the beach, as well as explore the mountains. This is a place that is known for being friendly, as well as being cheap to live in. In particular, if you are coming from the USA, you will notice a large reduction in the price of rent and food. What’s more, you are offered lots of discounts if you have a retirement visa in Panama.
Portugal
If you are a fan of sun, sea and sand, check out what Portugal has to offer. You can enjoy a relaxed retirement, with beautiful beaches and friendly locals. This country is known for being very safe. If you want somewhere you can explore, you will be pleased to know that Portugal has a lot of history and rich culture you can learn about. It is also one of the most affordable countries in Western Europe. Make sure that you still get advice about an overseas pension first.
Malaysia
If you want to move further afield, you can always consider spending your retirement in Malaysia. This is a popular place for expats with its stunning beaches and seclusive islands. You can sit back and relax here, as well as enjoy delicious street food in the cities. Again, the cost of living here is dramatically lower if you are from the UK or United States. Your money will go far and you can enjoy doing everything you want to in your retirement.
Mexico
Have you considered Mexico yet for your retirement? There are a lot of places in Mexico that offer you a cheap standard of living yet a vibrant culture you can learn about. You can enjoy everything from hiking in the mountains and exploring the city to relaxing at the sandy beaches and boating in the lakes. The health care is great in Mexico and your retirement money can go far. Just be sure that you research safe places to live here.
Spain
Everybody loves the climate in Spain. You can enjoy sunny summers and experience cooler weather in the north during the year. For example, you can decide whether you want to spend the day at the beach or move somewhere that you can enjoy skiing. Spain offers you a bit of everything. This European country has a high standard of living that you can enjoy for less.
