By Craig Erwin, Ph.D.
Photo by Kyle Roxas on Pexels.com
WHAT ARE SOME OF THE MOST POPULAR COUNTRIES FOR AMERICANS RETIRING ABROAD?
Mexico: Mexico is a favored retirement destination for many Americans due to its proximity, affordable cost of living, pleasant climate in many regions, and cultural familiarity. Popular retirement spots include cities like Puerto Vallarta, San Miguel de Allende, and Merida.
Costa Rica: Known for its beautiful beaches, lush rainforests, and stable political environment, Costa Rica has attracted a significant number of American retirees seeking a relaxed lifestyle. Areas such as Atenas, Grecia, and the Central Valley are popular among expat retirees.
Panama: Panama offers a variety of benefits for retirees, including a pensionado program that provides discounts on various services and a lower cost of living compared to the United States. Boquete, Panama City, and Coronado are among the preferred retirement destinations.
Ecuador: With its affordable healthcare, diverse landscapes, and welcoming locals, Ecuador has become a popular choice for American retirees. Cities like Cuenca, Quito, and Vilcabamba are known for their expat communities and favorable retirement conditions.
Portugal: Portugal has gained popularity in recent years as a retirement destination due to its mild climate, rich history, and affordable cost of living. Regions such as the Algarve, Lisbon, and Porto attract retirees seeking a European lifestyle at a lower cost.
It’s important to note that retirement trends can change over time, and new destinations may emerge as popular choices for American retirees.
Did you leave the U.S. when you retired, or would you?
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