Published on
November 8, 2025
Chile has now joined the ranks of Uruguay, Portugal, Spain, Mauritius, Italy, Slovenia, Latvia, Malta, and Austria as one of the top retirement destinations for 2025. This recognition comes due to its exceptional combination of affordable living, stunning natural landscapes, and high quality of life. Chile offers retirees a peaceful environment with its low crime rates and relaxed pace, making it an ideal place for those seeking a tranquil retirement. Additionally, the country provides excellent healthcare and a relatively low cost of living compared to many other popular retirement hotspots. With its vibrant culture, welcoming communities, and financial stability, Chile offers a fulfilling retirement experience at an affordable price, placing it among the best destinations for pensioners in 2025.
The Global Retirement Report for 2025 has unveiled a new ranking of the top destinations for retirees, based on factors such as taxation, living standards, healthcare, safety, and economic stability. The study covered 44 countries offering passive income visas or retirement residency permits, assessing how these nations cater to retirees’ needs. While Europe shone in healthcare and quality of life, American countries stood out for tax efficiency, and Asian nations earned accolades for their warm climates and affordable living costs. Here’s a look at the most attractive retirement destinations for 2025.
10. Chile
Chile’s natural beauty and vibrant culture make it a desirable destination for those seeking a peaceful and enriching retirement. Known for its safety, low crime rates, and relatively low corruption, Chile provides retirees with an ideal setting to enjoy life in a stable environment. With picturesque landscapes ranging from the Andes mountains to the Pacific coastline, retirees can enjoy an active, yet peaceful lifestyle.
9. Latvia
Latvia is increasingly popular with retirees, especially those from the UK, due to its affordable living costs and strong healthcare system. This Baltic nation offers retirees a mix of coastal towns, charming cities, and scenic rural areas. Latvia’s peaceful atmosphere and low cost of living make it an attractive option for those seeking a relaxed, affordable retirement destination.
8. Malta
Malta, situated in the heart of the Mediterranean, is an appealing option for retirees looking for a mild climate and an easy pace of life. With its rich history, stunning coastlines, and welcoming locals, Malta offers a peaceful environment at an affordable price. The country’s attractive property market, coupled with excellent healthcare services, makes it an increasingly popular choice for retirees seeking a warm and tranquil lifestyle.
7. Slovenia
Slovenia is considered one of Europe’s hidden gems. Known for its outstanding natural beauty, Slovenia offers retirees everything from stunning lakes to majestic mountains. Its affordable cost of living, rich cultural offerings, and friendly locals create an appealing environment for those looking to enjoy a balanced and fulfilling retirement. With the perfect blend of nature and culture, Slovenia is a great choice for retirees looking for an active, yet affordable lifestyle.
6. Italy
Italy is a long-time favourite for retirees, thanks to its picturesque landscapes, rich culture, and world-renowned cuisine. Regions like Tuscany and Umbria offer a laid-back lifestyle with scenic beauty and excellent healthcare. The mild weather, coupled with the slower pace of life found in many of Italy’s charming towns, makes it an excellent destination for those looking to retire in style without the high costs of other European countries.
5. Austria
Austria stands out for its high standard of living, exceptional public services, and quality healthcare. Known for its beautiful cities such as Vienna, which regularly ranks high for quality of life, and its clean, green countryside, Austria is an attractive destination for retirees. The country’s low crime rate and comprehensive social security system add to its appeal, making it one of the safest and most desirable countries for those seeking a comfortable retirement.
4. Uruguay
Uruguay offers a stable economy, a low cost of living, and a welcoming community for retirees. Known for its beautiful beaches, vibrant culture, and excellent healthcare system, Uruguay is a top choice for those seeking a balanced and affordable retirement lifestyle. With a mild climate and relaxed pace of life, Uruguay provides the perfect environment for retirees to enjoy their golden years in comfort and peace.
3. Spain
Spain is consistently one of the most popular destinations for retirees. The country offers a warm climate, rich cultural heritage, and a relaxed lifestyle that many pensioners find appealing. With a robust healthcare system and affordable living costs, Spain provides retirees with everything they need to enjoy a fulfilling retirement. Areas like Costa Brava, Costa del Sol, and the Balearic Islands are particularly popular, offering a mix of beautiful landscapes and a lively expat community.
2. Mauritius
Mauritius, an island paradise in the Indian Ocean, ranks highly for its streamlined residency processes and tax efficiency. The country’s lack of a worldwide tax system makes it an attractive choice for retirees who are looking for financial security. Along with its beautiful beaches, excellent healthcare, and modern infrastructure, Mauritius offers retirees a tropical retreat where they can enjoy both fiscal stability and a relaxed lifestyle.
1. Portugal
Portugal is ranked as the top destination for retirees in 2025, offering a high standard of living at a relatively low cost. With its beautiful weather, charming cities, and stunning coastal scenery, Portugal provides an excellent quality of life. The country boasts a highly regarded healthcare system, and the cost of living remains affordable compared to many other European nations. Retirees can enjoy a slower pace of life while benefiting from the country’s rich culture and welcoming atmosphere.
Chile joins Uruguay, Portugal, Spain, Mauritius, Italy, Slovenia, Latvia, Malta, and Austria as a top retirement destination for 2025, offering peaceful living, stunning landscapes, and affordable costs. With low crime rates, excellent healthcare, and a relaxed lifestyle, Chile is an ideal choice for retirees seeking both tranquility and value.
From the sunny beaches of Portugal to the charming towns of Slovenia, the best retirement destinations of 2025 offer a combination of high quality of life, affordable living, and excellent healthcare. Whether you’re looking for a vibrant city life, tranquil countryside, or tropical paradise, these destinations provide an array of options for retirees seeking to make the most of their golden years. With each country offering unique benefits, retirees can choose the perfect location to enjoy a fulfilling and peaceful retirement.
