Is Gran Canaria a good place to retire?

The Canary Islands are an excellent place for expat retirees, as they offer a high quality of life at a fraction of the cost compared to other European destinations, making it a popular choice for expats looking to live in the sunshine year-round and avoid the winter chill.



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Anyone with a sufficient motive or connection can become a resident of the Canary Islands. However, if you have decided to spend a long time in the Canary Islands, you will need a residency permit.

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The capital Las Palmas doubles as a municipality and is where the primary immigration office is located, therefore many people moving to Gran Canaria choose to live in the capital. The capital city supports the large expat community on the island and is also home to Las Canteras Beach (Playa de las Canteras).

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The pro and cons of moving to the different Canary Islands include Tenerife, Gran Canaria, Fuerteventura, and Lanzarote.
  • Tenerife – Best for everyone including British Expats. ...
  • Fuerteventura – Best for beaches and great value properties. ...
  • Gran Canaria – Best for laid-back holiday homes.


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Foreign capital is one of the best ways to supplement the state budget. Therefore, foreigners can easily buy houses while getting a good deal. The Canaries are in demand among holidaymakers by the sea. The island's most popular resorts offer comfortable living conditions all year round.

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Even better, house prices in Las Canarias are fairly affordable, if you know where to look… the two cheapest Canary Islands to buy property are Tenerife and Gran Canaria.

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Unless you try to drive over, relocating to Gran Canaria isn't really any harder than moving anywhere else in Europe. That said, the more information you have before you move to Gran Canaria the easier things are.

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A family of four estimated monthly costs are 2,520.1$ (2,383.0€) without rent. A single person estimated monthly costs are 699.5$ (661.4€) without rent. Las Palmas de Gran Canaria is 52.0% less expensive than New York (without rent). Rent in Las Palmas de Gran Canaria is, on average, 80.3% lower than in New York.

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A temporary residency allows you to stay on the islands for between 90 days and five years. Permits for less than five years can be renewed every year at the subject's request.

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A temporary residency allows you to stay on the islands for between 90 days and five years. Permits for less than five years can be renewed every year at the subject's request.

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Which airlines offer direct flights to Canary Islands from the United States? United Airlines, Lufthansa, and Brussels Airlines offer direct flights to Canary Islands from the United States.

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Top 10 Easiest Countries To Retire Comfortably
  • Ecuador. Ecuador, located in South America between Columbia and Peru, is an increasingly popular destination for retirees. ...
  • Greece. ...
  • France. ...
  • Italy. ...
  • Thailand. ...
  • Colombia. ...
  • Mexico. ...
  • Costa Rica.


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In reality, the Canary Islands cost of living is not as high as many people think. To get a non-lucrative residency visa to stay in Spain long-term, you only need a passive income of €2,151 per month. This budget will easily cover your costs for a comfortable life on whichever island you choose.

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The official language spoken in Gran Canaria is Spanish. Other languages such as English, French and German are common in the island, for its big touristic activity.

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As in the rest of Spain, in the Canary Islands the official language is Spanish. However, as in the majority of countries, there are many people who speak English, the second most spoken language, and many people also understand German.

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Also known as the 'miniature continent', Gran Canaria is renowned for its marked contrasts. On a single day, we can enjoy marvellous beaches surrounded by dunes and climb peaks covered in Canary Island pine forests, with their greenery standing out starkly against the dark volcanic earth.

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According to Expatistan's cost of living calculator, it's 27% more expensive to live in the United States than it is to live in Spain. If you want to get more specific and compare cities, San Francisco is a whopping 72% more expensive than Madrid. Madrid is one of the priciest locations in all of España.

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The average price is just under 2,400 euros/m2 in the better areas. Houses/villas typically cost between 220,000 and 3 million euros and two-bedroom apartments between 170,000 and 540,000 euros.

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The Canary Islands are one of the favourite places for expats to buy property in Spain. From the great weather on the hottest Canary Islands of Tenerife and Gran Canaria to the excellent family beaches on Lanzarote and Fuerteventura, there's no end of reasons to live in the Canaries.

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Buying Property in Gran Canaria The most popular areas of Gran Canaria with British property buyers are Puerto Rico and Playa del Ingles, both of which are found on the southern coast of the island. Properties on the island are very similar to those found on the other Canary Islands.

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