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      Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

      • Spain
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    • Budgets

      How Much Will It Cost You To Live Overseas?

      The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

      Super Cheap

      • Chitré, Panama
      • Santa Marta, Colombia
      • Phuket, Thailand
      • Dumaguete, The Philippines

      Cheap

      • Medellin, Colombia
      • Boquete, Panama
      • Kyrenia, Cyprus
      • Hua Hin, Thailand
      • The Algarve, Portugal

      Affordable

      • Valencia, Spain
      • Cascais, Portugal
      • Las Terrenas, The DR
      • Pisa, Italy
      • La Rochelle, France
      • Mazatlán, Mexico

      Luxury

      • Ambergris Caye, Belize
      • Kotor, Montenegro
      • The Panama City Beaches
      • Paris, France
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      • Home
      • Countries

        Top Destinations:

        Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

        • Spain
        • Portugal
        • Panama
        • Belize
        • Colombia
        • Cyprus
        • Mexico
        • France
        • Montenegro
        • Browse All Countries

        Best For:

        • The Best Places To Retire
        • Health Care Abroad
        • Cost Of Living
        • Investing in Real Estate
        • Establishing Residency
        • Gun Laws In The World
        • English-Speaking Countries
        • Safest Places For Retirement
        • Best Places In Latin America
      • Budgets

        How Much Will It Cost You To Live Overseas?

        The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

        Super Cheap

        • Chitré, Panama
        • Santa Marta, Colombia
        • Phuket, Thailand
        • Dumaguete, The Philippines

        Cheap

        • Medellin, Colombia
        • Boquete, Panama
        • Kyrenia, Cyprus
        • Hua Hin, Thailand
        • The Algarve, Portugal

        Affordable

        • Valencia, Spain
        • Cascais, Portugal
        • Las Terrenas, The DR
        • Pisa, Italy
        • La Rochelle, France
        • Mazatlán, Mexico

        Luxury

        • Ambergris Caye, Belize
        • Kotor, Montenegro
        • The Panama City Beaches
        • Paris, France
      • Resources

        Global Living

        • Living & Retiring Overseas
        • Raising A Family Abroad
        • Foreign Residency & Citizenship
        • Offshore & Diversification

        Making Money

        • International Real Estate
        • Banking
        • Employment
        • Investing

        Follow Us:

        • Meet Our Experts
      • Real Estate

        Join our Weekly Newsletter
        Overseas Property Alert

        Sign up for our weekly newsletter to receive expert insights on the best international real estate investment opportunities.






          We Value Your Privacy! We will not share your email address with anyone else, period.

          Buying Real Estate For Cashflow

          • Discover tips and strategies used by global property investing veterans

          Explore Our Latest Posts

          • Learn how to invest and purchase property abroad…

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          • How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams
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          • Explore Our Events Site

          International Property Summit

          Caribbean Virtual Conference

          Live and Invest In Spain Conference

          PANAMA CITY, PANAMA

          June 18-20, 2025

          VIRTUAL

          July 17-19, 2025

          Valencia, Spain

          Sep. 17-19, 2025

          LEARN MORE
          LEARN MORE
          PRE-REGISTER
          LEARN MORE
          PRE-REGISTER
          • MORE EVENTS

          Contact Our Events Team

          Toll-Free U.S. and Canada:
          1 (888) 627 8834
          From Outside North America:
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          Working Hours
          Monday – Friday 08:00 am – 17:00 pm EST.

          Reach us with your questions by email at: events@liveandinvestoverseas.com

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          Unlock The World

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          Overseas Havens Reports

          • Expats' comprehensive destination guides

          Conference Kits

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          • Titles on living and investing around the world
          • Explore Our Store
          Your passport to a life well-lived abroad

          Services

          overseas living letter offers affordable retirement guidance
          The Simon Letter Wealth Protection Insights
          Global Property Advisor Global Investment Opportunities

          Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com

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          Home Countries Belize

          Best Countries For Canadians To Retire To

          Your Top Options For Retiring Overseas

          by Live And Invest Overseas
          May 13, 2023
          in Belize, Dominican Republic, Italy, Mexico, Panama, Portugal, Retirement/Living
          0 0
          gazebo over the water dominican republic

          Image Source: iStock/Preto_perola

          The best countries for Canadians to retire to are mostly well-known to Canadians. Expats can be found, usually close to the beach, in all the countries we mention here. Ask most of them why they moved and you will usually hear two main reasons.

          The first is the weather. Lots of Canadians choose a part-time retirement in the sun to escape the brutal winters. Leaving before the first snow and returning after the thaw has set in allows you to live the best of both worlds.

          The second is the cost of living. By retiring overseas you can live a better quality of life, for less money than in Canada. If you want to retire early but aren’t sure if you can afford it, moving overseas can swing the balance in your favor.

          Belize

          white sand beach in belize tropical
          iStock/SimonDannhauer

          Reasons To Retire To Belize

          Belize can be one of the cheapest places to retire in the world. The area around Ambergris Caye can be expensive, but the rest of the country is a bargain. Real estate and daily living prices here will enable you to enjoy the good life at a very affordable price.

          Belize has an excellent retiree program to attract expats to live here. The QRP program provides an easy route to residency as well as other benefits such as importing household goods duty-free.

          Belize is famous for its Caribbean beaches which are some of the best in the world. Fewer people know that there are also options to live in the highlands, jungle, and even on grassy plains. It’s here that you can find some options for off-grid living.

          Reasons Not To Retire To Belize

          The infrastructure in Belize still has a long way to go. The health care system is very basic. Of course, you can fly to Mexico or the United States for treatment. Roads in Belize are also rough and sometimes little more than a track.

          Life in Belize moves more slowly than you might be used to. If you are a type A personality, living in Belize may prove difficult.

          Panama

          Palm trees in front of green sea in Panama
          iStock/DC_Colombia

          Reasons To Retire To Panama

          Panama has the best infrastructure in Central American and a tropical climate that stays warm all year. Panama City is known as the ‘hub of the Americas’ and is developing into a major world city. The health care here is a real bonus. Hospitals here are world class and health care is also very affordable.

          Nearly every house has bars on the windows and doors, but don’t get the wrong impression. Panama is also a very safe place to live, especially in the countryside.

          The pensionado visa in Panama is affordable and also very generous. Holders can claim discounts on a variety of goods and services including discounts at restaurants, for medication, utilities and public transport.

          Reasons Not To Retire To Panama

          The heat can feel relentless at times and the humidity is extreme during the rainy season. A short walk can leave you needing to take a shower.

          Electricity and water failures occur from time to time. You usually get advance notice, but not always.

          Customer service can also be a headache here. Everything from legal documents to supermarket queues moves at its own speed. That speed is usually slowly.

          Portugal

          albandeira portugal beach yellow sand clear blue waters
          iStock/pkazmierczak

          Reasons To Retire To Portugal

          Portugal has been our number one recommendation for retiring overseas for a long time. The country has just about everything you could want.

          The residency program is quick and easy. It’s also an E.U residency, allowing you to move freely between other EU states.

          Lisbon and Porto are vibrant city options. You can find culture, fine dining, and shopping but also lots of more down-to-earth options. Some of the best food comes from simple cafes and bars selling the fresh seafood Portugal is famous for.

          Portugal has the most blue-flag awarded beaches in Europe. The Algarve region has miles of coastline and is popular with tourists from across the continent. The Algarve is also home to a number of quality golf courses. Pro’s come here during winter to practice and take advantage of the mild climate.

          Reasons Not To Retire To Portugal

          You can survive in the Algarve without speaking the language, but to thrive and integrate you will need to learn Portuguese. This is a big commitment but obviously comes with its own rewards.

          The distance is another consideration. While it’s easy to get flights into Portugal, the time and distance involved mean it’s not a flight you will want to be doing too often.

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          Start Your New Life Today, Overseas






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            Mexico

            pa
            Source: iStock/lucky-photographer

            Reasons To Retire To Mexico

            Mexico is close, convenient, and has been an expat retirement favorite for decades. Although the official language is Spanish, there are parts of Mexico where nearly everyone speaks English. Some of the big tourist destinations are almost like being in North America, only with better weather.

            Mexico is not as affordable as it was when expats first started coming here, but is still far from expensive.

            Mexico benefits from affordable health care and solid infrastructure. For this combination of reasons Mexico makes a great first step towards retiring overseas. Lots of our readers start their journey by retiring part-time in Mexico before moving further afield.

            Reasons Not To Retire To Mexico

            Although Mexico has a mixed reputation with regards to safety, away from the border towns Mexico is no more dangerous than anywhere else.

            The biggest reasons not to retire in Mexico are the high number of expats and tourists. You can find places away from the crowds, but many of the beach towns seem to have more expats than locals.

            Although Mexico is affordable, you can find better value elsewhere in Central and Southern America.

            Dominican Republic

            iStock/Preto_perola

            Reasons To Retire To The Dominican Republic

            The Dominican Republic is home to arguably the best beaches in the world. If you are looking to retire somewhere to enjoy the ocean, then the Dominican Republic should be a consideration. It’s also one of the last remaining Caribbean islands where you can find affordable real estate.

            The government have been working hard to bring tourists and expats to the Dominican Republic. Money has been spent on improving the infrastructure. From the international airport to the major highways, the Dominican Republic is moving in the right direction.

            The Dominican Republic has a great residency program. If you want a second passport, then the Dominican Republic offers one of the best options available. Health care and dentistry are also improving in the Dominican Republic.

            Reasons Not To Retire To The Dominican Republic

            Outside of the tourist areas, the Dominican Republic can be a little rough and ready. Tourist areas are obviously more expensive and can get crowded. Your options for living like a local are limited in the Dominican Republic.

            Police corruption can also be a problem, if you drive here you may find yourself being pulled over and expected to pay a small fine/bribe. If you don’t speak Spanish you will find it hard to negotiate.

            Power cuts and slow internet can also be a problem here.

            Italy

            calabria italy seaside. Best Countries For Canadians To Retire To
            iStock/Aliaksandr Antanovich

            Reasons To Retire To Italy

            Italy has some of the cheapest real estate in the world. Especially in the South of Italy, and regions like Abruzzo, where you can pick up real estate for less than US$10,000. These are usually old stone homes in need of restoration. If you want a retirement project then you can find great opportunities here.

            Even outside of the renewal projects, property prices in Italy are some of the lowest in Europe. For a country with the history and beauty of Italy this is incredible.

            Italy has first world infrastructure and legendary cuisine. There are options for living in big cities or in the countryside. In the mountains or by the coast.

            Reasons Not To Retire To Italy

            English is not widely spoken in Italy so if you plan to move here you will have to learn Italian. Spending days renewing a house and evenings learning Italian is a big commitment. But it comes with big rewards.

            Red-tape and bureaucracy can be a problem in Italy. Other countries on this list offer easier residency programs.

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                  HOME

                  Top Countries

                  • Spain
                  • Portugal
                  • Panama
                  • Belize
                  • Colombia
                  • Cyprus
                  • Mexico
                  • France
                  • Montenegro

                  Best For:

                  • Health Care Abroad
                  • Retirement Living
                  • Cost Of Living
                  • Investing in Real Estate
                  • Establishing Residency
                  • Gun Ownership
                  • English Speakers
                  • Safety
                  BROWSE ALL COUNTRIES

                  Budgets

                  How Much Will It Cost
                  To Live Overseas?

                  Super Cheap

                  • Chitré, Panama
                  • Santa Marta, Colombia
                  • Phuket, Thailand
                  • Dumaguete, The Philippines

                  Cheap

                  • Medellin, Colombia
                  • Boquete, Panama
                  • Kyrenia, Cyprus
                  • Hua Hin, Thailand
                  • The Algarve, Portugal

                  Affordable

                  • Valencia, Spain
                  • Cascais, Portugal
                  • Las Terrenas, The DR
                  • Pisa, Italy
                  • La Rochelle, France
                  • Mazatlán, Mexico

                  Luxury

                  • Ambergris Caye, Belize
                  • Kotor, Montenegro
                  • The Panama City Beaches
                  • Paris, France

                  Resources

                  Global Living

                  • Living & Retiring Overseas
                  • Raising A Family Abroad
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                  • Employment
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