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9. Portugal

Many retirees would be surprised to learn that the cost of living in Portugal is less than it is in the U.S. But that isn't the only reason so many choose this country as a place to retire. Portugal offers a variety of unique living experiences, whether you prefer a sleepy fishing village on the coastline or a bustling city on the Rio Douro.

A large number of retirees have found their home in the Algarve region, 16 municipalities on Portugal's southern coast. The area earned high marks as the most affordable option in Europe for retirees. The capital city of Lisbon is another favorite destination for international retirees.

Aveiro, Portugal Photo by Ricardo Resende on Unsplash

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