December 28, 2024

the latest one U.S. News & World Report The best countries for a comfortable retirement have been ranked, according to an international survey of nearly 17,000 people and 5,900 respondents in their 40s and older.

89 countries were ranked based on the following seven attributes:

  1. Affordable price
  2. favorable tax environment
  3. friendly
  4. where i will live
  5. Pleasant climate
  6. Respect property rights
  7. Complete public health system

While Florida and Delaware are often ranked as the best states to retire in, in other surveys conducted by services like Bankrate, the U.S. doesn’t make the top 10 at all. Countries such as the Dominican Republic.

Switzerland is the best country for a comfortable retirement life

Switzerland

Pavel Gower | Electronic+ | Getty Images

This landlocked country is about the size of New Jersey, but Switzerland is one of the richest countries in the world. Switzerland has no official language, but most people speak Swiss, German, French and Italian.

Switzerland continues to remain neutral in conflicts around the world and is not a member of the European Union.

10 Best Countries for a Comfortable Retirement Life

  1. Switzerland
  2. New Zealand
  3. Portugal
  4. Australia
  5. Spain
  6. Canada
  7. Denmark
  8. Netherlands
  9. Sweden
  10. Luxembourg

New Zealand ranks second among the best countries for a comfortable retirement, moving up two places from last year.

The country has a Temporary Retirement Visitor Visa For those 66 and older.

To take advantage of this two-year visa, participants need to have NZ$750,000 or US$460,299 to invest in New Zealand. In addition, visa holders must have an additional NZ$500,000 or NZ$306,866 for living expenses and an annual income of NZ$60,000 or NZ$36,824.

New Zealand’s retirement visa does not allow working in the country, but applicants interested in finding work have the option. The Parent Resident Retirement Visa has different financial requirements, the biggest difference being that applicants must prove they have an adult child who is a New Zealand citizen or resident.

According to statistics, the cost of living in New Zealand is 5.5% lower on average than in the United States, and rent is 36.2% lower on average. Nubeo.

New Zealand residents receive subsidized or free health care, as tax dollars go toward public health care. Intellectual assets Report.

New Zealand

Beverly Goldschmidt | Stocks | Getty Images

New Zealand is famous for its natural beauty and diverse landscapes. The country has been the primary setting for many major films, including The Lord of the Rings and The Hobbit trilogy.

Fans of Tolkien’s books and Peter Jackson’s iconic films can head to the Hobbiton movie set in Matamata, about two hours’ drive south of Auckland.

Want to take control of your money this fall? Sign up for CNBC’s new online course. We’ll teach you practical strategies to slash your budget, reduce debt, and grow wealth. Start feeling more confident and successful today. Use code EARLYBIRD for a 30% introductory discount, now extended through September 30, 2024, just in time for back-to-school season.

add, Subscribe to the CNBC Make It Newsletter Get tips and tricks for success in work, money, and life.

About The Author

Leave a Reply

Your email address will not be published. Required fields are marked *