Discover the 10 Best Countries for Retirement: Embrace Emerging Global Lifestyle Trends!

Around 5.5 million Brits now live permanently outside the UK, which is about one in ten of the entire population. Traditionally, expats flocked to sunny places like Spain, France, and Australia. But times are changing.

As living costs rise and new visa rules emerge after Brexit, many are reconsidering their choices. Hoxton Wealth, a financial advisory firm, recently ranked 20 popular retirement destinations using ten criteria, from cost of living to healthcare access.

Here’s a look at some of the top spots:

1. Ireland (87/100): Close to home, Ireland scored highest for its fast-growing economy, which features strong tech and finance sectors. The Common Travel Area allows Brits to live and work here without hassle.

2. Cyprus (85/100): Known for its friendly atmosphere and beautiful weather, Cyprus is appealing for expats. Many appreciate the relaxed lifestyle and welcoming locals.

3. Portugal (85/100): With its pleasant climate and affordable living, Portugal remains a favorite. The country offers many retiree benefits and has a rich culture to explore.

4. Malta (83/100): Malta has an accessible residence scheme, making it easier for Brits post-Brexit. English is an official language, simplifying daily life.

5. Malaysia (81/100): This destination shines for its low living costs and safety. It’s home to a vibrant expat community, making it easier for newcomers to settle in.

6. Panama (81/100) and Spain (81/100): Both countries are known for their warm climates and relaxed lifestyles.

7. Greece (80/100) and Mauritius (80/100): These countries also score well with expats for their pleasant weather and strong community feel.

8. Turkey (80/100): With beautiful scenery and rich history, Turkey rounds out the list. It’s becoming increasingly popular for those looking for adventure.

Recent surveys show a growing trend among British retirees seeking not just sunny weather, but also a better quality of life. Rising costs in the UK have pushed many to explore affordable options abroad.

Experts suggest that this shift reflects broader changes in global migration patterns. Today’s retirees prioritize not just sun and surf, but also healthcare, safety, and community support.

So, as you can see, British expats are redefining where they want to retire, and a mix of factors is driving their choices. Whether it’s the allure of a warm beach or the practicality of a good economy, the landscape is shifting for those looking to spend their golden years in a new place.

Source link

Travel, Spain, Greece, Turkey, Pension