Is Portugal still a good place to retire?

1 best country in Europe for retirement: Portugal. Portugal is the best country in Europe for retirement. It's one of the most affordable European countries because of its low cost of living. On average, the cost of living, excluding rent, is almost 29% lower than in the U.S., according to SmartAsset.



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Portugal is the best European country for retirement based on cost of living, healthcare and more. Moving to Spain found that the No. 1 best country in Europe to retire is Portugal.

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