3/4/2024
CEOWORLD magazine has compiled a Top 50 list of countries for comfortable living in retirement. The publication’s experts have formulated and published the “2024 Global Expat Retirement Index,” listing the states with the most stable conditions for those planning to retire abroad.
Research Results
CEOWORLD’s primary audience includes top executives (financial and CEOs), political leaders, and wealthy individuals. The publication’s experts conducted thorough research to identify the best countries for retirement living.
In their study, they considered the mentality of the citizens, the level of health and well-being of the nation. Experts took into account the quality of life and how easy it is to settle in the country. They were even interested in the peculiarities of cultural and nightlife, as well as the gastronomic diversity of the region.
The results of the study will please those who have invested in the Greek real estate market in the past. The Republic of Greece ranked fifth among the 50 countries analyzed, scoring 95.07 points. Taiwan leads the ranking with 95.67 points. Spain claimed second place with 95.31 points. Portugal and Mexico took the third and fourth places with 95.29 and 95.2 points, respectively. Following Greece in the ranking are the UAE, France, Thailand, Indonesia, and Vietnam.
Greece’s attractiveness for retirement living is explained by the friendliness of the locals and the quality of life. It is relatively easy to settle here. The cost of living in the country is 35% cheaper than in the USA. The experts’ conclusion states that expats need $2,000 a month for a high-quality life in Greece.
Opinions from International Living Experts
The findings of CEOWORLD were confirmed by experts from International Living. When compiling the 2024 Global Retirement Index, they also included Greece in the Top 10 countries for retirement living, awarding it 77 points. The country was placed in seventh place, also because, in addition to a high standard of living, it has wonderful weather. Moreover, real estate in Greece is cheaper than in most European countries.
It is also important that the country has a “Golden Visa” program. It allows obtaining residency within 5 years under the condition of investments in local real estate, enterprises, government bonds, or bank deposits. In the long run, the program offers the possibility of acquiring EU citizenship!