Advertiser Disclosure
GOBankingRates works with many financial advertisers to showcase their products and services to our audiences. These brands compensate us to advertise their products in ads across our site. This compensation may impact how and where products appear on this site. We are not a comparison-tool and these offers do not represent all available deposit, investment, loan or credit products.
5 Best Countries To Retire Abroad in 2025: See How Much Each Costs



Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.
20 YearsHelping You Live Richer
Reviewed by Experts
Trusted by Millions of Readers
Some of us dream of living out our golden years abroad. Not only can this be an exciting opportunity to experience a new way of life, but it can also come with serious cost savings.
If you want to retire abroad this year, consider one of these senior-friendly destinations that have been ranked as the best places to do so by International Living, based on real-world costs, healthcare quality, climate, lifestyle options and expert opinions. All of these destinations can provide a high-quality life at a cost significantly lower than in the U.S.
Here’s a look at the top places to retire abroad in 2025.
Panama
- Estimated monthly living costs: $2,400 or $2,900 for a luxury lifestyle
- Tax on foreign-earned income: $0
- Property taxes: 0.5%
- Car insurance: $57 per month
- Retiree discounts: 25% off your power bill, 50% off movie and event tickets, 20% off medical consultations and medication, 25% off meals at restaurants
- Rent for a one-bedroom furnished condo: About $1,000
- Golf club membership: $350 a month
Portugal
- Average monthly living costs: $2,500 to $3,000 for a couple
- Rent: $1,300 to $1,500 per month
- Utilities (electricity, gas and water): $87 to $163 per month
- Two cell phones and high-speed internet bundle: $70 per month
- Groceries: $434 per month
- Private health insurance: $600 per month, covers 80% of expenses
Costa Rica
- Average monthly living costs: $2,500+ for a couple
- Rent: $550 to $900 per month
- Socialized healthcare: $110 per month
- Internet: $55 per month
Mexico
- Estimated monthly costs: $1,000+
- Rent: $500 per month
- ER visit: $350
France
- Estimated monthly budget: $2,000 for a couple, excluding rent
- Rent: $600 to $950 per month
- Cost to see a doctor: $26
- Cost to see a specialist: $85
- Groceries: $600 per month for a couple
- Cost for a 3-course gourmet meal: $36
More From GOBankingRates
Share This Article:
You May Also Like

You Could Just Spend it All: Why More Retirees Are Planning To Leave Nothing Behind
September 17, 2025
2 min Read


Top 5 Things Boomers Should Always Sell in Retirement -- Even If It's Begrudgingly
September 16, 2025
2 min Read



5 US Cities for Retirees That Are as Cheap as Mexico, Portugal and Costa Rica
September 15, 2025
2 min Read





A Big Change to Social Security Is Coming This Fall -- and It's Probably for the Best
September 16, 2025
2 min Read


I Asked ChatGPT If I Should Work While Getting Social Security: Here's What It Said
September 15, 2025
2 min Read

How Long You Need To Live To Hit the Social Security 'Break-Even' Point
September 12, 2025
2 min Read

Average Social Security Check at Age 63: What to Expect If You Claim Early
September 15, 2025
2 min Read

- How Long Will My Money Last?
- How Much Do You Need To Retire?
- How To Prepare For Retirement
- How To Save For Retirement Without A 401K
Learn More About Early Retirement Planning
Make your money work for you
Get the latest news on investing, money, and more with our free newsletter.
By subscribing, you agree to our Terms of Use and Privacy Policy. Unsubscribe at any time.

Thanks!
You're now subscribed to our newsletter.
Check your inbox for more details.



Sending you timely financial stories that you can bank on.
Sign up for our daily newsletter for the latest financial news and trending topics.
For our full Privacy Policy, click here.
Looks like you're using an adblocker
Please disable your adblocker to enjoy the optimal web experience and access the quality content you appreciate from GOBankingRates.
- AdBlock / uBlock / Brave
- Click the ad blocker extension icon to the right of the address bar
- Disable on this site
- Refresh the page
- Firefox / Edge / DuckDuckGo
- Click on the icon to the left of the address bar
- Disable Tracking Protection
- Refresh the page
- Ghostery
- Click the blue ghost icon to the right of the address bar
- Disable Ad-Blocking, Anti-Tracking, and Never-Consent
- Refresh the page