For many soon-to-be retirees, a new location sounds ideal for many reasons. In this article, we will take a look at some of the trending and most advantageous places for retirees to move to based on factors such as affordability, health care and more.
Retiring Abroad
For many who are reaching the retirement age, the thought of relocating to either another part of the United States or abroad is a truly enticing one. Spending your retirement years in a different state or country is often met with romanticized emotions and ideals by many Americans each year.
There are numerous factors that may push you to consider retiring elsewhere. Among these may be financial opportunities, better weather and climate, cheaper health care systems, better retirement activity options or a higher standard of living at a much lower cost.
Top 6 Locales For Retirees
Regardless of what your reasons may be, below are some of the best places in both the U.S and beyond for retirees to relocate to.
1. Orlando, Florida
Now one of Florida’s largest cities, this exciting city has been attracting many retirees each year. Many people flock to Orlando to avail of its warm climate and diverse culture. If you are considering relocating to Orlando for your retirement years, there are many accommodation options for you. With many historical districts to choose from such as Lake Cherokee or Lake Eola Heights, there is sure to be an area that will pique your interests.
Orlando has been rated highly in terms of its affordability and choice of activities. It is considered as one of the best retirement destinations in the U.S.
2. Tampa, Florida
The Sunshine State seems very popular among retirees as Tampa also appears to be a high trending retirement location. Close to the ocean yet still availing of a vibrant city culture, Tampa is a great option for those who enjoy both the downtown urban life and the peaceful, breathing taking views of the surrounding area.
If you are considering living in a retiree community, there are many options for you to choose from. Alternatively, property prices in the area may vary in the area depending on whether you are looking to live close the waterfront community or in the nearby Pinellas County. Boasting beautiful parks, beaches and boating opportunities you will be very happy if you decide to relocate here.
3. Scottsdale, Arizona
If you are looking for some adventure while you retire, then Scottsdale in Arizona may be the perfect choice for you. This Phoenix suburb offers a beautiful climate with many hours of sunshine allowing you to enjoy outdoor activities all year round. With plenty of golf courses, hiking options and relaxing spas you could certainly retire in luxury here.
Besides its various options for outdoor activities, many retirees come to Scottsdale due to its low crime rates, high standard of living and its excellent healthcare facilities.
4. Mazatlan, Mexico
A favourite for many, Mexico has long seen North American expats relocating to this beautiful country for many reasons. As a country, it is not far from the U.S and stays on the same time zone which may be favourable to those who want to stay within easy travelling distance to relatives. The area of Mazatlan is good those who are looking to avoid the overly commercialized areas.
This beach resort offers affordable living prices, excellent healthcare options with U.S standard services and an authentic historical Mexican culture. The local climate is favourable to many, however, they do experience a rainy season so it is beneficial to factor this into your consideration.
5. The Algarve, Portugal
Portugal’s Algarve region has been highly rated for those who wish to relocate to Europe. Offering an excellent climate, high levels of safety and efficient healthcare services this could be an ideal area for retirees to enjoy.
The cost of living in this area of Portugal is considerably lower than other European countries and has attractive property options. There are two visa options available to American citizens choosing to relocate to The Algarve. One offers you the option of staying in the country for as little as a week per year on the condition that you buy property there. The other permits you to relocate there as long as you reside there for at least half of the year and have a minimum income of $1,300 per month.
6. Valetta, Malta
Another popular European destination is that of Valetta in Malta. The beautiful capital of this small Mediterranean island has become a top destination for European and American retirees alike. With its great climate, historical culture and various activity options there is plenty to enjoy here.
Contrary to what many think when considering living on a small Mediterranean island, the cost of living is extremely affordable with typical monthly rental prices of $915 for a two-bedroom apartment.
What Every New Destination Should Have
Before you decide on a new location to move to for your retirement, it is important to ensure that your new destination has all the requirements that you need during your golden years.
The following factors are essential to consider when picking the right destination for you:
- Affordability and cost of living
- Accessibility to healthcare services and medical facilities
- Visa requirements
- Accessibility in terms of transport
- Agreeable climate
Your new destination should allow you to retire in a location that offers you a higher standard of living, great healthcare options, affordable accommodation options, plenty of activity choices and the quality of lifestyle that you deserve.
When Retirement Brings New Horizons
Whether you choose to retire at home in the United States or abroad, relocating for your retirement years can provide you with many years of adventure, happiness and an improved way of living. Before you take the leap, consider your options carefully and accept your retirement with open arms for what it is: a new horizon.