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The World’s 10 Best Retirement Havens in 2014

Posted on January 5, 2014 by Annie Power

For more than 30 years, International Living has been researching the best retirement havens in the world…and every January the Annual Global Retirement Index is released—highlighting the best places for you to retire. This Index ranks the top 24 countries in the world for retirement in 8 categories. The top 10 countries that feature on the list this year each bring spectacular benefits for retirees living overseas—from great health care and ideal climates to a low cost of living and financial perks for retirees. Starting with number 10, here are our top retirement havens for 2014.




10. Gilded temples are not the only treasure that Thailand has. White-sand beaches, jade and turquoise waters and swaying coconut palms all add to the splendour of Thailand. The beauty of the country is not the only attraction for retirees, who enjoy a low cost of living and great health care here, too. 





9. Uruguay may be the perfect place for those wishing to retire in an overseas destination that has similar cultural values to back home…and a fantastic climate. It also offers retirees the chance to bring their household goods into the country duty-free.





8. Anchored almost in the center of the Mediterranean Sea, 60 miles from the Italian island of Sicily, Malta isn’t a mainstream destination for North American tourists. But if you’re looking for a safe place to retire with English-speaking locals, you should put this small European country on your retirement list.





7. Mexico scores highly across the board in this year’s Index, but excelled in ease of integration--settling in becomes easier when you’re just a short trip from your family and friends. But with great weather, low prices and a rich culture, you may not want to leave.





6. Colombia is beautiful, dramatic, and diverse. It offers sparkling colonial cities in the highlands and world-famous (and safe) resorts along the Caribbean. Colombia has a lot to offer—like a low cost of living, inexpensive properties, and a colorful and diverse culture.





5. Spain is arguably one of the best bargains in Europe at the moment. Ranking high across the board in this year’s Index, but especially in the entertainment and amenities category, Spain is an ideal destination for retirees who wish to enjoy the delicious tapas on offer or soak up some European sun...all at an affordable price.





4. Popular with expats, Costa Rica remains firmly on the list of best places to retire. The country offers a great program for retirees, top-notch, affordable health care and if you find it difficult to choose which climate you prefer, you will be glad to know that the mild temperatures of the Central Valley are just two hours by car from the tropical beaches of the Pacific Coast.





3. Coming third in the Index, Malaysia is the best retirement haven in Asia. Scoring highly across the board, Malaysia offers a low cost of living, world-class health care and a great climate year-round.





2. Coming a close second in the Index, Ecuador has an ideal climate, stunning-scenery, and offers a low cost of living for retirees. If you’re looking for relaxing beach living, quaint mountain towns or exciting city life in your retirement, Ecuador has it all.





1. Panama wins International Living’s Global Retirement Index 2014. The combination of value and variety, convenience and beauty and its pensionado program (the best in the world) have ensured Panama’s place at the top.
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