Spain, the world's second most popular destination last year, has ranked sixth in a list of 10 best retirement destinations in a report released by Ireland-based magazine International Living.
The 2025 yearly worldwide retirement index assesses elements including accommodation, visa policies and perks, cost of living, medical care, weather conditions, progress indicators, government effectiveness, and popularity ratings.
Based on the report, Spain welcomed an unprecedented 94 million international visitors last year, making it the globe's second-most visited country following France. Reuters stands out as a leading choice for retirees because of its security and outstanding medical facilities.
Expatriate pensioners can relish tranquil nights and engaging discussions with acquaintances, without worrying about firearm crimes, political strife, or the requirement of vehicle ownership, it further noted.
For individuals opting to reside in Madrid, one of Spain’s pricier urban areas, a studio flat typically goes for about €850 ($911) monthly, excluding an additional expense of roughly €100 ($107) for utility bills.
Nevertheless, cheaper alternatives are available in lesser-known urban areas and near the Mediterranean coastline. The report noted that in the coastal town of Alicante, fully equipped studio flats begin at €750, whereas in Albufereta Beach, sea-view studios lease out for approximately €850 ($911).
The Spanish healthcare system is also a significant attraction, providing comprehensive coverage for all medical requirements without any deductibles and only small copayments.
In addition to healthcare and cost considerations, Spain presents varied climates and ways of life. With their 300 sunny days annually, both the Mediterranean and Atlantic coastlines offer seaside living opportunities.
The nation offers lenient visa regulations for retirees, featuring automatic issuance of permanent residency visas following five years, along with teleworking visas that can be valid for up to three years.
According to the report, Spaniards are renowned for their warmth, their interest in American culture, and their eagerness to practice English, which enhances Spain's appeal as an attractive destination for retirees.
Panama topped the rankings as the premier retirement haven in the index, with Portugal and Costa Rica coming in second and third respectively. Also featured were nations such as France, Mexico, Greece, and Italy.
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