Spain
When looking for a retirement home in Spain, keep to the smaller towns as places such as Barcelona can be pricey. In these smaller towns off the beaten tourist track, you will be able to find reasonable rentals in the region of $630 per month. The city’s mild climate and warm seas will make for a relaxing and peaceful retirement.
Spain is also a very convenient country for jetting off on the occasional European holiday. You need to show the Spanish government that you can access at least $2 500 of your retirement income every month when you apply for your visa. You must also confirm if your current health insurance will pay claims while you are in Spain. As far as the rest of your cost of living is concerned, you will find Spain to be very cost-efficient and affordable.
Portugal
Neighboring Spain, Portugal is similarly an excellent choice for retirement living. With the same balmy weather and fantastic food means that you will not go wrong looking for a retirement home here. A bonus is the super friendly Portugues people who will make you right at home from day one.
In this country, look into the possibility of buying private healthcare which you should be able to do as the rental and property prices are buyer-friendly. Of course, you will need a valid passport as is standard throughout the world, so that you can obtain your resident’s permit. As is usual, make sure you can prove monthly income and have your health-care documentation ready for perusal by government officials.