For many approaching retirement, the question isn’t just whether to retire abroad—it’s where to retire overseas. Rising costs of healthcare, housing, and daily living in many countries have made overseas retirement an appealing and practical option. This year, Greece jumps to the #1 spot in International Living’s 2026 Global Retirement Index, up from seventh place last year. Panama and Costa Rica follow in second and third place, respectively.
International Living’s index evaluates over 20 countries across climate, healthcare, housing, cost of living, visas, and ease of transition for retirees. Greece’s rise reflects not only its natural beauty and history but also practical advantages that make it an ideal destination for expat retirees seeking a lifestyle that balances relaxation with convenience.
According to the Greek Ministry of Tourism, Greece’s top ranking confirms that retirees from around the world increasingly choose the country for its quality of life, cost efficiency, climate, and healthcare. The Ministry highlights that this recognition strengthens Greece’s position in the silver economy, underscoring its appeal to those with international experience seeking a fulfilling retirement.
Why Greece Is the Best Country for Retirees
From the sun-soaked islands of Crete, Santorini, and Rhodes to charming mainland towns like Nafplio and Thessaloniki, Greece offers a wide range of lifestyle options. Whether you prefer a coastal village with sea views, a vibrant city with modern amenities, or a quiet mountain retreat, there is something for every preference.
Local markets and fresh Mediterranean cuisine make daily life both enjoyable and affordable. Combined with public and private healthcare options, retirees can enjoy peace of mind while immersing themselves in friendly communities, welcoming locals, and a slower pace of life that promotes wellbeing.
Cost of Living and Affordable Housing in Greece
According to International Living, Greece’s cost of living for retirees is highly competitive. Renting a furnished apartment in a coastal town can range from €500 to €1,200 per month, depending on location and size. Daily groceries, fresh produce, and Mediterranean meals are budget-friendly, making it possible to enjoy a rich lifestyle without financial strain.
Housing options vary widely—from restored historic homes in villages to modern apartments in cities like Athens and Thessaloniki. Foreigners can purchase property with straightforward procedures and reasonable taxes, which is particularly appealing for retirees seeking long-term residency or Golden Visa opportunities.
Healthcare and Medical Services for Expats in Greece
Greece’s healthcare system is reliable and accessible, offering both public and private options. Private clinics and hospitals in major cities provide high-quality care, often staffed by doctors trained in Europe. Expat retirees consistently note that healthcare costs are manageable, with consultations and minor procedures significantly lower than in many other countries.
Additionally, Greece offers a welcoming environment for retirees, including expat networks, cultural activities, and local community connections, which make settling in smooth and enjoyable.
Lifestyle and Leisure for Retirees in Greece
Life in Greece is about more than statistics—it’s about embracing the Mediterranean lifestyle. Expats praise the friendly neighbors, vibrant local festivals, historic landmarks, and bustling markets. Whether strolling along a scenic coastline, exploring ancient ruins, or enjoying a café in a lively town square, retirees can experience a perfect balance of comfort, culture, and adventure.
With its combination of affordable living, warm climate, rich culture, and ease of transition, Greece is fast becoming one of the most attractive destinations for expat retirees seeking a fulfilling life abroad. From peaceful villages to bustling cities and endless islands, Greece truly offers something for everyone.
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