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.

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.

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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.