10 Best Foreign Countries for Retirement: 2018

Slideshow January 16, 2018 at 01:39 AM
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(Check out the best the U.S. has to offer: Top 15 Best States for Retirement: 2018)

International Living has once again put out its list of the world's best places to retire.

InternationalLiving.com's recently released 2018 Global Retirement Index ranks the world's top 24 retirement destinations outside the United States and Canada.

The key aim of the index is to help retirees find locations where their dollar goes further.

The 2018 index includes ratings in 12 categories – two more than in years past.

In this year's index, International Living split up the “buying and renting” category into two separate categories: “buying and investing” and “renting.”

The new category on this year's index is “governance.” According to International Living, “a good score in this category reflect's a nation's commitment to personal freedom, keeping bureaucracy to a minimum, and offering a stable and safe environment for comfortable living.”

The remaining categories ranked on the index include benefits and discounts, visas and residence, cost of living, fitting in, entertainment and amenities, health care, healthy lifestyle, development and climate.

“By design, the rankings in our annual Global Retirement Index are largely subjective, but we build it from a base of facts and figures,” Jennifer Stevens, International Living executive editor, said in a statement. “Our editors rely on the informed judgment and real-world experience of the magazine's contributors and editors in the field as well as additional in-country expats … people who have made the move and have firsthand experience.”

So check out the world's top 10 retirement destinations in the gallery above.

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