Portugal is the Best Place in the World to Enjoy Retirement in 2020

Fri 10 Jan 2020

Portugal is still raging out there. This time, the country was elected as the world's best destination to enjoy retirement, according to the annual International Living Magazine ranking. The publication highlights the Portuguese "gracious people", the "busy capital", the "tempting beaches" and the "green valleys that are more attractive than ever to a growing number of people".

The magazine produces every year in January "The World's Best Places to Retire", where it elects the 10 best places for retirees to live, based on the Global Retirement Index. The survey examined 24 countries in 10 different categories, including the cost of living, benefits offered to retirees, climate or health care, and placed Portugal at the top of the list in categories such as health care, climate, and housing. The country also appears well ranked in entertainment, socialization, and development.

"Filled with history and culture, it has a pleasant year-round climate in most regions and an extremely affordable cost of living. Anyone looking for beaches to surf or ancient ruins, museums or hiking trails, a place to windsurf or perfect the game of golf, will find them in Portugal", writes Tricia Pimental, correspondent of the International Living magazine who has lived in Portugal for seven years.

The correspondent also mentions the health care of qualified professionals, the temperate climate, safety, excellent food and wine, and the accessible lifestyle. According to Tricia Pimental, retirees can live comfortably in Portugal (without extravagance) with around 2,500 dollars per month, about 2,250 euros, but if they choose cities like Porto, Lisbon, Cascais or the Algarve, the average budget should already be around 3,000 dollars, 2,700 euros.

"Classified as the third safest country in the world in the 2019 Global Peace Index, Portugal is not only safe but beautiful", the correspondent concludes.

The Global Retirement Index study has been conducted by International Living since 1979 and looks at the best countries in the world for retirees in the categories of real estate, benefits (which are being reviewed by the government) and discounts, visas, such as Golden Visa, cost of living, socialization, and entertainment, health care, development, climate, opportunities, and governance.

Read the original article here.

Photo by Katarzyna Grabowska on Unsplash

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