Algarve once again elected best place in the world to retire

A new American-based study out recently has once again elected Portugal’s Algarve as the best place in the world today to retire overseas.

This conclusion was made by the Live and invest Overseas Index, which ranked the Algarve in top spot. To compile the list, specialists assessed popular retirement spots around the world using 12 different criteria, including expat communities, taxes, health care, entertainment and cost of living.

Completing the top three spots are Valetta, in Malta, and Puerto Vallarta, in Mexico.

According to research, which spans 211 pages, the index finds that ranging from health care to beaches, the Algarve has something for everyone.

Researchers concluded that the region has got everything the would-be retiree could want: great weather and lots of sunshine year-round along with an established and welcoming expat community

The study also lists top-notch medical facilities and health care, an affordable cost of living, especially when considering the quality of life on offer, undervalued and bargain-priced property buys, including sea front properties coupled with “endless opportunities for fun, adventure, and enjoying rich, full, varied days out-of-doors.”

Other advantages of settling in the Algarve included the fact that a great deal of English spoken thanks to the longstanding British presence, First World infrastructure, a new retiree residency programme that rolls out the welcome mat for foreign pensioners and easy access both from the United States and to and from all of Europe.

