20 Cheapest Countries to Retire in the World

Retirement doesn’t have to mean financial stress. Explore the most budget-friendly countries to retire in our comprehensive guide, and start planning for a worry-free future. From tropical paradises to historic cities, find out where you can retire without breaking the bank.

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18. Estonia 

cheapest countries to retire
Historical distric in Tallinn, Estonia / @holgs / Getty Images Signature

Estonia is definitely not a popular destination, but it is certainly one of the cheapest countries to retire. 

Moreover, Estonia is recognized for its efficient bureaucracy, which can simplify administrative processes for retirees.

Estonia’s coastline along the Baltic Sea provides opportunities for boating, fishing, and beachfront relaxation. Perfect place for retirement!