In 2025, Spain has been identified as the top retirement destination for U.S. citizens living abroad, according to Global Citizen Solutions. The country excelled in key indicators such as the cost of living, safety, and access to healthcare, with retirees expected to spend $2,000 to $2,500 monthly. Madrid is highlighted for its cultural richness. To reside in Spain long-term, retirees can apply for a Non-Lucrative Visa, requiring proof of income and health insurance. Other suggested locations include Portugal and Costa Rica, showcasing diverse options for retirees.
Spain ranks as the top country for retirement, scoring 100 in the GIU's [Global Intelligence Unit] U.S. retirement trend report. Though petty theft can occur in tourist areas like Barcelona and Madrid, it has low crime rates.
From Portugal to Costa Rica, there is a wide range of destinations, offering the ideal lifestyle for U.S. retirees. But, with so many great options, choosing the right place to retire can be challenging.
Retirees moving to Spain can expect to spend approximately $2,000 to $2,500 per month on living expenses, with estimated rent for a one-bedroom apartment in central areas at $1,322.50.
Those planning to relocate to Spain can apply for the Non-Lucrative Visa, which allows foreigners to reside there without the right to work.
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