Choosing the right place to retire has never been more important. As people live longer, healthier and more globally mobile lives, the idea of retirement has shifted from simply stepping back from work to embracing a new lifestyle. For many, that means relocating to a country where the climate is warmer, the cost of living is manageable, the healthcare system is strong, and day-to-day life feels fulfilling.

In 2026, several countries stand out for their welcoming residency pathways, high quality of life, and attractive financial conditions. Below, we explore six top destinations that continue to draw retirees from around the world.

Greece

Relaxed living and lifestyle affordability. Greece remains one of the most appealing retirement destinations in Europe thanks to its warm climate, low cost of living, and steady improvements in healthcare infrastructure. The country offers the Financially Independent Person visa, which allows retirees to live in Greece if they can show sufficient passive income. The tax regime is also favourable: qualifying foreign pensioners can benefit from a flat 7% tax on overseas income for up to 15 years. Combined with Mediterranean food, friendly communities and island or mainland options, Greece delivers both value and quality of life.

Cyprus

All year round sunshine and accessible residency. Cyprus is popular among retirees seeking mild winters, English-friendly services, and a well-established expatriate community. The country offers a straightforward residency route for retirees with stable passive income or savings. Healthcare is high quality and accessible through the national system, and the overall cost of living remains lower than in many Western European countries. Public safety, relaxed coastal towns, and a favourable tax environment (pension income taxed at a flat rate of 5%) make Cyprus a consistent favourite for those looking to enjoy a slower pace without giving up comfort or convenience.

Portugal

World-class healthcare and attractive tax options. Portugal continues to rank among the best places in the world to retire, thanks to its warm climate, excellent healthcare, and reputation for safety and stability. Retirees often choose the D7 visa route, which welcomes individuals with passive income. Although Portugal has made changes to its tax regime, it still offers favourable conditions for foreign pensioners. Whether settling in the Algarve’s sun-soaked coast, the cultural charm of Lisbon, or the quieter central regions, Portugal offers an exceptional blend of affordability and rich cultural living.

Italy

Culture, countryside and flexible residency routes. Italy’s appeal lies in its combination of culture, landscape and quality of life. The Elective Residence Visa remains a popular pathway for retirees who can support themselves without working. Healthcare is effective, especially in northern and central regions, and the cost of living varies widely – allowing retirees to choose between vibrant cities, peaceful countryside, or coastal towns. Italy has also introduced favourable tax regimes for new residents in certain regions, making the country more financially accessible than many may think.

France

Excellent healthcare and refined living. Retiring in France offers access to one of the world’s best healthcare systems, a high standard of living and a rich cultural environment. France welcomes retirees through the Long Stay Visitor Visa, which requires proof of income and health insurance. While the cost of living is higher in major cities, many retirees choose more affordable regions such as Occitanie, Brittany or Nouvelle-Aquitaine, where life is slower and communities are welcoming. Exceptional food, arts, and easy travel across Europe add to France’s enduring appeal.

Spain

Warm climate and established expatriate communities. Spain remains a top choice for retirees seeking sunshine, Mediterranean living and excellent healthcare. The Non-Lucrative Visa allows retirees to live in Spain provided they can demonstrate income or savings. Spain offers a comparatively low cost of living, diverse regions and well-developed expatriate hubs – especially along the Costa Blanca, Costa del Sol and the Balearic Islands. With warm weather most of the year and excellent public services, Spain is one of Europe’s most accessible and enjoyable retirement destinations.

Planning ahead for 2026

Retirement abroad is no longer simply a lifestyle choice; it is a strategic decision shaped by residency rules, healthcare access, taxation, safety and long-term affordability. The six destinations above offer a balance of stability, comfort and opportunity, each with clear procedures for foreign retirees.

As 2026 approaches, those considering retirement overseas should evaluate their personal priorities, explore residency requirements early and seek professional advice to ensure a smooth transition. With the right preparation, retiring abroad can open the door to a richer and more fulfilling chapter of life.

Contact Access Financial specialists for in-depth information on each country.