The 10 Best Countries to Retire Abroad

1. Costa Rica

Costa Rica remains the gold standard for American retirees seeking a peaceful, nature-focused lifestyle. The country famously abolished its military in 1948, choosing instead to channel its resources into education and public healthcare. This long-standing commitment to social well-being creates a highly stable, welcoming environment for expatriates.

You can establish residency through the popular Pensionado program. This visa requires proof of a guaranteed lifetime monthly income of at least $1,000 from a recognized source, such as Social Security or a corporate pension. Once approved, you gain access to the Caja Costarricense de Seguro Social (the national public healthcare system), which offers comprehensive coverage for a low monthly fee based on your income.

Daily life in Costa Rica revolves around the concept of “Pura Vida”—the pure life. Whether you settle in the cooler climate of the Central Valley or the tropical beaches of the Guanacaste province, you will find active expat communities. While imported goods carry high price tags, shopping at local farmers’ markets and renting outside major tourist hubs keeps a couple’s monthly budget between $2,000 and $2,500.