Wealthy Retirees Are Moving to These 4 Countries

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Retiring abroad is no longer just a budget-saving strategy — it’s a way for affluent retirees to maximize their golden years. Many are leaving the U.S. in search of a higher quality of life, even with a comfortable nest egg.

For high-net-worth retirees, factors like safety, political stability, healthcare and taxes often outweigh price considerations. Access to luxury amenities, private care and expat communities are also big draws. So where are the wealthy choosing to retire in 2026? Here are four top destinations for affluent retirees looking to spend their golden years abroad.

Portugal

From bustling Lisbon and its trams to Porto and its centuries-old architecture, Portugal can be enchanting to many. Known for its safety, favorable climate and established expat communities, Portugal offers a high quality of life that attracts wealthy people looking to have their American dollars go further. 

As of early 2026, there was a 1.9% increase in net inflow of millionaires to Portugal from the previous year, putting the estimated number of high-net-worth individuals at about 175,000. The country has formerly offered wealthy individuals residency in exchange for real estate investments, which explains some of the appeal. However, Portugal suspended its golden visa program as the government said it wanted to fight against price speculation in real estate.

Greece

Greece ranks highly among many seniors as a popular retirement destination. Not only is the country the birthplace of democracy, but it is rich in history and archaeology. Foreigners are also attracted to its myriad of islands — many of which are known for their iconic blue and white architecture.

If you plan on retiring there, you can apply for a golden visa; that is, if you have $250,000 to spare. That’s the minimum real estate investment to make to be granted a five-year residency permit. Once you live there, you can enjoy a 7% tax rate on foreign income for retirees.

The Bahamas

The Bahamas is appealing for several reasons — namely, endless beaches and crystal blue waters. Its proximity to the U.S. doesn’t hurt either. 

In addition, the country allows foreign investors to apply for permanent residency in exchange for investments in the country, also known as a golden visa program. Buying a property valued at $500,000 or more will enable you to apply for such a visa. However, while this is the minimum investment requirement, Bahamian authorities give real estate investments of at least $1.5 million priority, which potentially prices out most Americans in the middle class.

While the cost of living can be higher than in the U.S., one advantage is that the country is considered a tax haven — it has no income tax, capital gains tax, wealth tax, corporate tax, gift tax, inheritance tax or sales tax. The rich love tax loopholes, which makes a move to the Bahamas all the more appealing. 

Thailand

Thailand is a much sought-after destination in Southeast Asia, as it offers an affordable and high standard of living, plus the food scene will get anyone’s taste buds watering. The country boasts several assets, including ancient ruins, scuba-diving sites, tropical islands, palaces, Buddhist temples and multiple UNESCO World Heritage Sites.

Thailand has been a popular destination for retirees because it provides long-term visas for people over 50, as well as offering excellent private healthcare. Because the country is so affordable, people with a lot of money will see their retirement savings last much longer and they’ll get much more, too.

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