- The Baltics was voted the best place to retire due to its low living costs, good health care system and high levels of safety.
- Portugal ranked third, while Norway was second due to its excellent health care.
- Experts say that when deciding on where to retire, it is important to consider factors such as the quality of health care and the visa availability.
Planning is essential for retiring abroad. This begins with deciding where you will live after your working years. A new study says that this decision can make or ruin your entire retirement.
In late July, Everly LifeThe report was released by a life insurer. It reveals the top places for retirees around the world. The study evaluated the 137 countries based on six indicators, including cost of living and health care quality. It also included safety, air pollution, percentage of elderly people, and availability for retirement visas. The study rated each factor on a 0 to 100% scale, then averaged the scores to give each destination a final score. After the data was crunched Estonia Outrank the rest
The report said that “Estonia’s highest ranking with a score 79.41 demonstrates how balanced excellence triumphs over single-category supremacy.” The Baltic nation has a reasonable cost of living (55.9), a strong health care system (77.7) and impressive safety standards (76.5 index).
Estonia, with its 20.91 per cent elderly population, is a “retirement-friendly society.” the most pristine natural environments on Earth.
Mariah Bliss is the spokesperson of Everly Life. She shared, “Estonia offers the ideal retirement destination for many people.” You can enjoy the same high standards of health care and safety as in northern Europe without paying the exorbitant costs that you would pay in places like Switzerland or Denmark.
The country is a fantastic digital infrastructureIt is important to ensure that its residents are connected. e-residency program To make moving a little bit easier.
Estonia has been ranked number one on the list. Norway Everly Life says that the country is in second place with 77.30 out of 100 points. This is largely due to its outstanding health care which exceeds its high costs of living.
Bliss continued, “Norway is a great example of a principle that should be considered when planning for retirement.” Accepting higher costs of living for better health care and social infrastructure can be more valuable in the long run than trying to find the lowest prices in countries with weaker systems.
Portugal, ranked No. 3, is also a top contender. Spain is ranked No. Australia (No. 5), Canada (No. 6), Latvia (No. 7), Hungary (No. 8), Malta (No. Malta (No. 10).
Bliss recommends that retirees carefully examine each destination to make sure it suits their individual needs.
“When considering retirement destinations, consider more than the sticker shock associated with living costs. Bliss advised that it is important to focus on the most important factors: visa accessibility and healthcare quality. “Countries such as Portugal show you can get European-standard health care without paying Nordic prices. Places like Estonia also prove that emerging markets are capable of offering developed-world amenities.”
She said that you should also consider the political climate and currency stability. Bliss says that a country may check all the boxes today, but retirement lasts for decades and you want destinations that are viable in your golden years.
