Retiring abroad in a different country where you worked and lived is gaining popularity. According to the Social Security Administration more than half a million people living outside the U.S., receive Social Security benefits. If you’re considering relocating abroad, you should research your options. Fortunately, International Living’s Global Retirement Index, lists the best countries to seek retirement. Below you will find eight of the best countries to retire, listed in the order of their ranking. Even if you do not live in the United States, these countries are some of the best countries where your money will go furthest! Consider retirement in these countries to extend your quality of life once you get older. Starting with Costa Rica below:
1. Costa Rica
Mild climate, stunning landscapes, and pristine beaches draw retirees to Costa Rica. The country readily welcomes expats and offers a simple residency process. With a monthly income of at least $1,000 per month from Social Security or a similar source, expats enjoy a high standard of living at a fraction of U.S. costs.