The Best Places to Retire Around the World

3. Spain

Retirees who move to Spain usually end up living in a smaller living space than what they planned on. However, the reasons have nothing to do with the cost. A couple can live here comfortably on about $25,000 per year unless they live in one of the larger cities. A majority of the residents here spend most of their time outdoors. The climate is warm, and there are endless numbers of cafes, beach destinations, and shopping districts to explore.

Each Spanish city has a unique rhythm. Barcelona is renowned as a touristy, colorful city with a beautiful coastline, while Madrid is considered to be a haven of culture and elegance. If you love to cook, you can purchase an intriguing selection of affordable meat and fish, in-season fruits and vegetables, and Mediterranean olive oil available from local markets in every city.