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8 Safe Countries That You Can Retire To On The Cheap

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What are your dreams for retirement? Do you want to retire out to your cottage on the lake? Or do you want to just stay where you are and travel the world, doing whatever you want to do when you want to do it? Or possibly you want to pack up your entire life and move to a different country for the rest of your life, which isn't as hard as it sounds.

A lot of retirees think about packing up shop and moving on, but they worry about whether they will be afford living in another country, and they also worry about their safety when they get there. There are places that are both safe and cheap that love when ex-pats decide to move there. Let's take a look at 8 of them.

1. Portugal

Portugal is a beautiful country filled with history and culture. All you need to be able to move there is a Permanent Residence Visa, and you need to prove that you have the money to be able to support yourself.

Other perks include their very low cost of living, the amazing beaches, delicious food, and a rather impressive selection of local wines.

2. Malaysia

This southeast Asian country is one of the cheapest countries to retire to in the region, but it also ranks in the top 50 safest countries in the world. You can apply for a "Malaysia My Second Home" Visa which grants you continued stay for 10 years at a time.

What's not to like? It's an island, the country offers great health care options, and the coast is virtually one continuous beach front.

Condé Nast Traveler

3. Austria

Most people wouldn't assume to find many western-European countries on this list, but Austria is actually quite affordable. You will need to apply for a residence permit if you plan on staying more than six months, and you need to prove that you can afford to support yourself.

The standards of living are high, but the cost is significantly low. It's considered an affordable version of Switzerland with the same level of culture and natural beauty.

4. Costa Rica

Who doesn't want to live out the rest of their life on a tropical island? Trick question, who wouldn't? Costa Rica decided it was going to offer a special benefits package to anyone who wanted to leave their home country to retire there. You need to apply for a Pensionado Visa and prove that you have at least $1000 a month in retirement income. Once that is done you can live your life like a tourist, enjoying everything they get when they come for a visit.

Haven't seen something you like yet? Keep reading to see some other amazing options.

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