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Story perspectives

170,000 U.S. Retirees Flock to Europe for Affordable Living

8/23/2025

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Story summary
  • Approximately 170,000 retired Americans reside in Europe in 2023, attracted by lower living costs and quality healthcare.
  • Portugal and Spain are top choices, providing affordable living and excellent healthcare services.
  • Portugal's Golden Visa requires a €500,000 investment; Spain's Non-Lucrative Visa mandates a €2,400 monthly income.
  • Ireland is popular for its English-speaking environment, natural beauty, and low living costs.
  • Affordable healthcare significantly influences retirees' relocation decisions to these countries.