World’s Top 21 Retirement Destinations Revealed in Annual Index
Author, Retirement and Real Estate Expert, Kathleen Peddicord Compares Cities Based on 12 Categories, Including Climate, Cost of Living, Health Care, Safety
PANAMA CITY, Panama – Live and Invest Overseas, the leading overseas investment, real estate and retirement resource for hundreds of thousands around the world, today announced the release of its annual “Retire Overseas Index.”
“There is no one way to determine the best place to retire for every person,” said Kathleen Peddicord, author and publisher of Live and Invest Overseas. “That’s why our 2015 index rates the top destinations around the world that are each special for their own reasons. Not everyone wants to retire to the beach. Some want the amenities offered in big cities, while others want the tranquility of a mountain retreat.”
The index is designed to let individuals make their own decision about the best place to retire based on their personal preferences, lifestyle and needs. The 12 categories represent the most important criteria that retirees must consider when shopping the globe for the best places to live out their retirement. Categories are climate, cost of living, English spoken, entertainment, environmental conditions, existing expat community, health care, infrastructure, real estate, residency options, safety and taxes.
And the winner is…The beachfront Algarve region of Portugal.
“For the second year running, Algarve, Portugal, takes top honors, thanks to its low cost of living, low cost of real estate, great weather, established expat community, new retiree residency program, and endless options for how to meaningfully fill your days and evenings, said Peddicord. “In addition, you can get by speaking only English, and I’d say that this coast is one of the safest places on earth right now. Portugal’s Algarve receives an “A+” in this year’s index.”
Rounding out the top five are destinations in Europe and Central America. (Europe did especially well this year thanks to the strong dollar.) These are:
- Puerto Vallarta, Mexico – Developed, luxury-level Pacific Ocean resort town with history and charm
- Cayo, Belize – Leave the-world-behind, embrace-the simple-life, off-grid paradise
- Languedoc, France – French country living at its best and most affordable
- Abruzzo, Italy – Like Tuscany, but at half the cost
Rounding out the 2015 Retire Overseas Index are 16 destinations, grouped by region:
Six in Central America/Caribbean: #10 El Valle, Panama; #12 Granada, Nicaragua; #13 Ambergris Caye, Belize; #14 San Miguel de Allende, Mexico; #15 Las Terrenas, Dominican Republic and #17 City Beaches, Panama
Five in Asia: #7 Hua Hin and #8 Chaing Mai, Thailand; #11 George Town, Malaysia; #20 Cebu, Philippines and #21 Da Nang, Vietnam
Three in South America: #6 Medellin, Colombia; #9 Cuenca, Ecuador and #19 Buenos Aires, Argentina
Two in Europe: #16 Istanbul, Turkey and #18 Barcelona, Spain
All 21 of these destinations will be featured at the upcoming fifth annual Retire Overseas Conference in Orlando, Florida, Sept. 13–16, 2015. More details are here.