Retiring abroad has become a top priority for many British pensioners due to the rising cost of living and uncertain political landscape in the UK. But where should they go? A recent study by Gibraltar Residency, an expert relocation service provider, identified the top international destinations for UK citizens to retire.
To determine these top countries, Gibraltar Residency considered six key factors: healthcare, tax rates, cost of living, sunshine hours, retirement residency visa options, and English speaking proficiency. The rankings were based on a score out of 40, with each factor contributing 25% to the overall score.
The top 10 countries for retirement are:
1. United Arab Emirates (29.83)
2. Thailand (29.25)
3. Malaysia (29.24)
4. Mexico (27.17)
5. Gibraltar (26.67)
6. Philippines (26.58)
7. Egypt (26.50)
8. Czech Republic (25.50)
9. Brazil (24.83)
10. Indonesia (24.50)
For those considering retirement abroad, it’s essential to research the top countries for each factor to find the best fit. For instance, Japan tops the list for healthcare, while India offers the lowest cost of living. The UAE excels in tax rates and Gibraltar stands out for English speaking proficiency.
By understanding these key factors and ranking them according to their scores, British pensioners can make an informed decision about where to retire abroad and start enjoying a more comfortable retirement.
Source: https://www.nationalworld.com/business/top-retirement-countries-for-brits-5307290