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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03. Portugal

cheapest countries to retire
Porto, Portugal / @RudyBalasko / Getty Images

Portugal is an appealing choice among the cheapest countries to retire,  allowing retirees to live comfortably without breaking the bank.

You can find places to live for as low as €400 in smaller towns or up to €2,449 if you prefer to live in central areas.

From its captivating history and stunning coastal landscapes to a Mediterranean climate that provides an abundance of sunny days, Portugal has something for everyone.