According to US magazine International Living’s 2022 Global Annual Retirement Index, Latin American countries like Colombia, Ecuador and Uruguay are among the top ten destinations to live after retirement.
The ranking has been carried out for 30 years based on information from hundreds of employees worldwide who live at the locations.
The list includes 25 nations. Among the top ten names are six Latin American countries. Check out the top ten:
1.Panama
2. Costa Rica
3. Mexico
4. Portugal
5.Ecuador
6. Colombia
7. France
8. Malta
9. Spain
10. Uruguay
According to the publication, the ranking takes into account information such as housing, benefits and discounts, visas and residency, reception and entertainment, development, climate, healthcare, governance, opportunity and cost of living.
According to Tonia Galleti, coordinator of the legal department of Sindnapi (National Association of Pensioners), health is one of the most important points highlighted positively by the Index staff, which becomes a reason for more attention to the elderly, and that is they also failed in Brazil.
“Although Brazil has universal healthcare and therefore access to every citizen, it is severely lacking in the needs of the elderly population. Our proportion of population investment in health is infinitely smaller than in all of these countries and some others that lie ahead.”
Thailand, Ireland, Peru, Cambodia, Malaysia, Bali, Sri Lanka, Vietnam, Italy, Belize, Roatan (Honduras Island), Dominican Republic, Croatia, Bolivia and Nicaragua are the other 15 countries that make up the list.
SEE TOP TEN RETIRED COUNTRIES
PANAMA
Located in the Caribbean, Panama has a pleasant climate and is close to some of the top tourist destinations in North America, such as Miami in the United States and Canada, staffers pointed out. In addition, the ease of traveling around the country, the hospitality of the Panamanians and the quality of life combined with health top the list more than once.
Highlighted is the economy recovering after the pandemic.
COSTA RICA
Tropical climate, low cost of living, friendly residents, affordable medical care, good real estate deals and natural beauty make Costa Rica the second best country in the retiree ranking. According to staff, the place is also notable for the stability of democracy and the quality of life. The cost of living for a couple is US$2,500, which is more than BRL13,000 today, which is above the INSS (National Social Security Institute) cap of BRL7,087.22 in 2022.
MEXICO
There are now a million Americans and nearly a million Canadians in their 50s and 60s. The country’s highlights are its proximity to North America, the climate, access to medical care, quality internet, good roads, and quality water and electricity supplies. With about 2,000 dollars a month, that is R$ 10,780 today, you can live well in the country.
PORTUGAL
It has emerged as one of the best places to retire in the world and has been on the list for a number of years. The country has attracted many Brazilians over the past decade, but the current cost of living can be frightening.
Highlights include hospitality and livable cities from north to south of the country. In addition, there are incentives for foreigners, such as free Portuguese classes in schools.
COLOMBIA
It is one of the most popular retirement destinations due to its pleasant climate, Caribbean Sea, proximity to the United States and Canada, and low cost of living.
health is presented. The WHO (World Health Organization) ranks the Colombian system 22nd out of 191 countries analyzed, ahead of Canada at 30th and the US at 37th. The country has the second most biodiversity in the world and accepts retirees with incomes starting at $750, which Equivalent to R$ 4,042.50.
ECUADOR
It has been among the top ten destinations for several years. Reasons include the tropical climate, lush nature, proximity to the Andes and the variety of tourism options. One of the highest points is the cost of living, between $1,500 and $1,825 per month (something between R$8,085 and R$9,836.75).
FRANCE
It borders 11 countries and is therefore known for its diversity. Those who live in the area highlight culture, beautiful natural landscapes and good cuisine as the main arguments for retirees. Access to the healthcare system is also highlighted. For those leaving the United States, there is also the benefit of a 34% lower cost of living.
MALTA
It is a country made up of five islands, three of which are inhabited, in southern Italy, in the middle of the Mediterranean Sea. The population is 500,000 residents and 15% of them are foreigners. The site has been around for over 5 million years and has Western European quirks with Arabic influences. The high cost of food and accommodation is offset by the low cost of transportation.
SPAIN
It has more than 300 days of sunshine and an extensive coastline. According to the reports of the ranking contributors, the country offers excellent medical care, good infrastructure and a high level of personal security. Another highlight is access to the Mediterranean diet with plenty of fruit and vegetables and fish in the diet.
URUGUAY
Compared to Brazil and Argentina, Uruguay has a small population (3.5 million). The four seasons are well defined. Those who live there consider it one of the most democratic in Latin America. All workers are entitled to a formal contract, paid leave and medical care.