With the current cost of living crisis, more people than ever are looking for alternative living arrangements.But relocating isn’t just for digital nomads temporarily picking up to move to sunny countries during winter.Searches for the “best country to retire to from the UK” rose by more than 90 per cent last year.
It shows there is an increasing desire for older people to move in search of a better quality of life.Helpfully, an analysis from Penfold has revealed the best countries for Brits to retire in.The financial experts looked at the top countries retirees already look at and compared them using 12 different lifestyle factors including exchange rates, healthcare costs and the amount of money required to apply for a visa.Ireland came out in a surprise third place on Penfold’s list.
Good healthcare, lots of green spaces and close proximity to the UK make up for the less-than-ideal climate.It was also one of the happiest and safest countries to settle in with retirees only needing €7,000 in their bank account to apply for a visa.In second place was Spain - well known as a popular destination for British retirees.
The country offers warm weather, beautiful beaches and easy access by train or plane for friends and family to visit.Spain also scores highly for happiness and safety, earning the country its high position in the list.Croatia came out at the top of Penfold’s list with a much better cost of living when compared to the UK.