Best Retirement Visa Destinations for 2025

Discover 15 Countries That Make Retiring Abroad Easier and More Rewarding

For many retirees, the dream of spending their post-career years in a new country is more achievable than ever—thanks to specialized retirement visa programs. These visas offer long-term residency to foreign nationals who can demonstrate a steady passive income, typically from pensions or investments.

Whether you’re seeking tropical weather, affordable healthcare, or a slower pace of life, these countries have you covered.

What Is a Retirement Visa?

A retirement visa grants legal residency to individuals over a certain age (often 50+) who are not employed locally but can support themselves financially. These programs are typically designed to attract long-term visitors who will contribute to the local economy without burdening public resources.

Key Reasons to Consider Retiring Abroad

• Reduced Cost of Living
  Many countries on this list offer significantly lower day-to-day expenses than the U.S. or U.K.
• Healthcare Access
  Retirees can often enroll in affordable public or private healthcare systems.
• Residency or Citizenship Opportunities
  Some programs offer permanent residency or even citizenship after a few years.
• Climate and Culture
  Enjoy sunny beaches, rich histories, or rural serenity—wherever feels like home.

Top 15 Countries Offering the Best Retirement Visas

1. Portugal

• Visa Type: D7 Passive Income Visa
• Income Needed: €870/month
• Why It’s Popular: Low entry threshold, Mediterranean climate, quality medical care

2. Spain

• Visa: Non-Lucrative Visa
• Income: €2,150/month
• Highlights: Access to subsidized healthcare, cultural richness, and mild winters

3. Thailand

• Visa: O-A Retirement Visa
• Eligibility: Age 50+, THB 800,000 deposit or $2,000 monthly income
• Pros: Renowned hospitals, modern cities, budget-friendly lifestyle

4. Ecuador

• Visa: Jubilado (Pensioner) Visa
• Requirement: $1,410/month
• Perks: Quick route to permanent residency and incredibly low costs

5. Mexico

• Visa: Temporary Resident Visa
• Income: $7,300/month or $293,000 in savings
• Notable Perks: Close to the U.S., diverse regions, modern healthcare options

More Countries With Notable Retirement Visas

6. Panama

• Program: Pensionado Visa
• Minimum Pension: $1,000/month
• Extras: Discounts on medical services, airfare, and entertainment

7. Malaysia

• Program: Malaysia My Second Home (MM2H)
• Income: RM 40,000/month or bank deposit
• Why Retire Here: English widely spoken, developed infrastructure

8. Costa Rica

• Visa Type: Pensionado Visa
• Requirement: $1,000/month from pension
• Why It Works: Excellent healthcare and natural beauty

9. Indonesia

• Visa: Retirement KITAS
• Eligibility: Age 55+, $1,500/month
• Ideal For: Beach lovers seeking an affordable Asian retirement

10. Philippines

• Visa: Special Resident Retiree’s Visa (SRRV)
• Income: $800–$1,000/month
• Standout Feature: Low entry costs, English as an official language

Five More Worthy Options