10 Best Places To Retire In 2015
Jan. 4, 2015, Panama City, Panama: The Algarve, Portugal, leads the list of 10 best places to retire overseas in 2015.
Dear Live and Invest Overseas Reader,
The secret to taking control of your retirement in 2015 and making this phase of life a grand adventure, even if your retirement nest egg is modest, is expanding your horizons.
Here are your 10 best options for where to retire overseas this New Year 2015:
#1 Algarve, Portugal
Portugal's Algarve is home to more than 100,000 resident foreign retirees. This Old World region on the Atlantic Ocean is the best place in the world to retire that nobody's talking about. Portugal's southernmost province offers the best of Europe, including medieval towns, fishing villages, open-air markets, and local wine, plus some of Europe's best sandy beaches.
This is a land of cobblestoned streets and whitewashed houses with lace-patterned chimneys, surrounded everywhere by fig, olive, almond, and carob trees. Thinking more practically, the Algarve also offers great weather, with 3,300 hours of sunshine per year, meaning more sunny days than almost anywhere else in Europe.
The Algarve has a longstanding reputation as a top summer destination among European sun-seekers and as a top winter retreat for those looking to escape Northern Europe's coldest months. Health care is international-standard in this part of the world, and medical tourism is a growing industry.
Thanks to Portugal's strong historic and cultural links with England, English is spoken more widely in the country in general and especially in the Algarve than you might expect.
The Algarve's 100 miles of Atlantic coastline is punctuated by jagged rock formations, lagoons, and extensive sandy beaches, many awarded coveted Blue Flags from the European Blue Flag Association. In addition, the region boasts 42 golf courses in less than 100 miles and is generally recognized as a top golfing destination in continental Europe and the world.
The cost of living in Portugal is among the lowest in Western Europe, on average 30% lower than in any other country on the Continent. A retired couple could live here comfortably but modestly on a budget of as little as US$1,500 per month. With a budget of US$2,000 per month or more, you could enjoy a fully appointed lifestyle in the heart of Old Europe.