What is the easiest country to retire to in Europe?

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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Some of the cheapest places to retire in Europe include Albania. Romania, Bosnia and Herzegovina, and North Macedonia.

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Bulgaria. Bulgaria is one of the cheapest and safest countries to retire in. Enjoying a rich history and culture, retirees get to experience magnificent beaches, ancient ruins, and delectable cuisine in the country. The cost of living in Bulgaria is, on average, 45.7% lower than in the United States.

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Spain is known for its fantastic culture and architecture in cities like Madrid, Barcelona, Valencia, and more. Barcelona, Spain, was even named the happiest holiday destination in Europe of 2023, according to Club Med. Spain tied with Italy as the No. 2 best country in Europe to retire.

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Switzerland is the best country to retire comfortably, according to U.S. News & World Report. Portugal, Australia, and New Zealand also topped the list thanks to good healthcare and affordability. Switzerland was ranked the best country in the world for the second year in a row.

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As an EU citizen, you can live, work, or retire in Spain without a visa or residency permit. However, Non-EU citizens have to apply for a visa and a residence permit. There are two types of visas that Non-EU citizens can acquire: The Golden Visa or Investor Visa, and.

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Retiring to Spain from the U.S.A. is perfectly possible. However, for stays of longer than 90 days, Americans need to get a visa to live in Spain. There is no Spain retiree visa, but there is a Spain long term visa known as a residence visa. There is also the Spain long stay visa called a “Golden Visa.”

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Some regions in Spain, like the Valencia Community, have the fourth highest top-income tax rate in Europe (54 percent), after Denmark (55.9 percent), France (55.4 percent), and Austria (55 percent).

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