Story perspectives
Rising Trend: Americans Retire in Italy for Affordability
4/8/2026
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Story summary
- More Americans are retiring in Italy, attracted by lifestyle, affordability, and flexible residency.
- About 15,465 American retirees collect Social Security while living in Italy, the fourth most popular European destination.
- Italy's Golden Visa program allows residency through investment, fueling the trend.
- Concerns about United States politics and health care drive retirees abroad.
- Living costs in Europe are 35 to 45 percent cheaper than in the United States.
