Many Brits choose Spain and Portugal but another destination has topped a retirement ranking thanks to its affordable lifestyle, Golden Visa and Mediterranean climate
The world’s top retirement destination for 2026 has been unveiled, and it might not be where you’d expect. While many Brits dream of retiring to the sun-soaked towns of Spain or Portugal, a new contender has emerged.
The UK’s often dreary weather leaves many yearning for a change of scenery as they enter their golden years. But choosing where to spend your retirement isn’t just about finding a sunny spot – you also need to consider factors like cost of living, healthcare, housing, visas, climate and how easy it is to settle in.
Every year, International Living’s 2026 Annual Global Retirement Index takes all these factors into account to reveal the best place in the world to retire. And this year, a country has topped the list for the first time ever.
Greece has been crowned the ultimate retirement destination thanks to its affordable lifestyle, private healthcare, accessible visa options and enviable Mediterranean climate.
“Greece’s rise to number one marks a shift in Europe’s retirement landscape,” said Jennifer Stevens, Executive Editor of International Living. “For years, Portugal and Spain led the way, but recent visa changes and rising costs have retirees looking elsewhere.”, reports the Express.
“Greece now offers what many are seeking-a beautiful, welcoming, and affordable European base with accessible residency options and a lifestyle that feels rich in every sense.”
The Mediterranean nation scored highly across climate, healthcare and housing categories – essential factors for those seeking to settle abroad.
Greece’s Golden Visa scheme, which offers residency through property investment, stands out as one of Europe’s most straightforward options, especially following Portugal’s recent policy changes.
International Living’s Global Diversification Expert Ted Baumann said: “All in all, when it comes to Golden Visa options, I’d say Greece is more than the new Portugal… it may be even better.”
The publication’s Greece correspondent Leena Horner relocated to Corfu four years ago with her husband. The couple maintain a comfortable lifestyle on roughly €2,900-€3,000 monthly, approximately £2,600.
Coastal properties typically rent for €600 to €1,000 per month, whilst a meal for two with wine ranges from €30-€50, maxing out at around £44.
Reflecting on her relocation, Leena said: “Greece quietly transforms the way you live. It’s not just one thing; it’s the climate, the siga siga attitude of taking life slowly, the vibrant community, and the daily connection with nature.”
Greece features over 8,000 miles of coastline and enjoys more than 300 days of sunshine annually. European locations have dominated the 2026 rankings, with Greece, Portugal, Italy, France, and Spain all securing spots in the Top 10.
The Top 10 Retirement Destinations for 2026
- Greece
- Panama
- Costa Rica
- Portugal
- Mexico
- Italy
- France
- Spain
- Thailand
- Malaysia






