Best Countries for Retirement in Europe!

People often dream of retiring in a foreign country. Retirement in a foreign country can be as exciting and adventurous for many people just to explore the world!

Europe has been a major retirement destination for most british and american expatriates. Europe has truly the most beautiful picturesque landscapes and sunny beaches, and retirement doesnt come cheap and can be very expensive. Switzerland, Austria, Spain, Italy, Malta, Monaco, France are the most popular countries very much preferred. In most european countries, you will need often atleast EUR 1500 to EUR 2500 monthly for accommodation and living expenses, depending on the country and your residence permit will not allow work or taking up employment there. You should be self sufficient financially by all means. Health insurance is a compulsory one.

Getting used to a new place, new climate and new country, isnt that easy and many people dont get along well. It is always best thoroughly research and pick a country, where you have already travelled and spent enough time. If you havent been to the country, plan atleast short trips just to get to know and your whole perspective will change.

If you are planning to buy a home or apartment, stay for rent first for few months before commiting for buying.

There are so many factors to consider before taking up retirement in a european country and the most important one is health care and it is often overlooked.

* Healthcare & Medical facilities
* Safety and security in the Country
* Accomodation & Living expenses
* Residence permits on length of stay
* Employment and work for spouse/children
* Family and dependents
* Business needs
* Education and schooling for your children
* Transportation
* Travel or visa restrictions
* Tax planning
* Foreign community

Foreign persons coming from outside EU, will need a visa which you have to apply from your country, to enter Europe and there are  typically number of government formalities need to be done before retiring. The authorities will ask for surplus financial support. For those who are from EU, the process is very simple .


Switzerland has the highest standard of living and world class retirement destination with low taxes, best healthcare and transportation, with beautiful lakes and mountainous landscapes.

Switzerland is a very expensive country to retire for foreign nationals. Residence permits can be easily obtained for EU nationals provided financially sufficient in terms of living costs and accommodation. Health and travel insurance is also needed. For Non-EU persons who wish to retire in Switzerland, residence permit can be obtained by investment or showing close ties to relatives. Switzerland has “lump sum taxation” program for wealthy persons, who wish to retire in Switzerland. You should be above 60yrs of age, pay a lump sum to swiss canton and in return the canton grants residence permit. Geneva, Bern, Zurich has the highest number of foreigners.

We currently assist clients from outside to obtain residence for retiring in Switzerland. Please see Switzerland Residence Program .



Austria is a “mountainous” country in central Europe. Austria is a popular tourist destination country and often looked as an “Swiss Alternative”, as the costs of living arent that expensive compared to Switzerland. Austria has a worldclass infrastructure, transportation and best living standards. Vienna (capital), Graz, Salzburg are some of the most noted places in Austria to spend time. German is spoken everywhere in Austria. Residence permits can be obtained under Retirement category, where you are needed to prove that you have enough money to cover living costs, accomodation such as apartment rental and health insurance. Austria has no sea beaches, but alpine skying is most popular sport along with football.

We currently assist foreign clients from outside Europe to obtain residence for retiring in Austria. Please see Austria Residence Program .


Italy has a stunning countryside and gorgeous landscapes and golden beaches. Italy warmly welcomes foreigners considering retirement. Tuscany and Umbria are the most popular for expats around the World. Important cities such as Florence, Rome and Venice are has great ancient history with aesthetically beautiful Art. Italy has the best healthcare and ranks top thee in the world. EU nationals can easily obtain retirement visa from Italian consultate in their respective countries, however Non EU nationals will have to go through different formalities and long procedure.


Spain has famous beautiful sunny beaches, mediterranean coastline and snowy hilltop mountains with perfect idyllic weather. The healthcare benefits is excellent in Spain. Spain is home for large number of american and british retirees. The Costa del Sol on the southernmost of spain is hugely popular as with Marbella, which is expensive. One can expect living costs from around $25k for a comfortable life in Spain. Besides these most popular preferred cities are Valencia, Madrid, Barcelona, Seville and Bilbau. UK citizens can have their pensions directly paid to spanish bank account.


Monaco is renowed for “luxury living standards” among the super-rich and wealthy. The French are the majority residents in Monaco followed by Italians. Monaco gained quite a reputation for gambling and casino and is a “tax haven” for many rich and wealthy individuals. There are no income taxes and the cost of living is only affordable if you receive sufficient pension to cover the costs.


Malta has recently emerged as popular retirement country in the Mediterranean. Malta has a tropical mediterranean climate with beautiful sunny beaches. Malta is a EU schengen member country. Persons from EU can apply for short/permanent residence whereas persons from outside EU can only apply for permanent residence and this permit does not permit work or employment for pensioners. Those who want to apply for residence permit must prove they are financially self-sufficient including with dependents such as spouse or children. Malta has no minimum stay requirements and a flat 15% tax on remittances to Malta. English is widely used in Malta.


Latvia is a EU member country in the baltic. The living costs are relatively cheap as compared to other european countries. As of 2010, Latvia offers residence permit for foreign persons who invest in real estate in Latvia, such as apartment, home or land. The minium should be EUR 72’000 for property outside major cities and EUR 150’000 in major cities such as Riga.


Bulgaria attracts many overseas retirees because of natural scenic countryside, low cost of living, scenic countryside and low property prices. It is ideal for retirees who want low cost retirement to relax in a stress free calm location. Bulgaria has four different climate seasons with cold winters and hot dry summer. Bulgaria is a EU member country and if you are British, pensions can be transferred to


Cyprus tops as one of the top 10 retirement destination in the World. Cyprus has mild warm climate with less rainfall and sunny days. Cyprus is as good as other europan countries in terms of healthcare, education and modern standards. Residence can be obtained with minimum formalities and pensioners can benefit from low taxes and buying property A lof english speaking expat community makes it easier to socialize and enjoy life.

Foreigners who seek retirement in Europe, we currently assist clients to obtain residence in Switzerland and Austria.

We can arrange meetings in Dubai, Zurich or London. For personal consultations please call us +41 71 577 46 23

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