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The top 5 Asian best countries to retire in 2019

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AN encouraging number of Asian countries have been listed in lifestyle publication International Livings list (IL) of the World’s Best Places to Retire in 2019.

Rounding up the best 25 countries in the world where retirees and settle down and stretch their dollar, IL’s Global Retirement Index identifies places where retired couples could live comfortably for US$1,800 or less a month.

But while much of Asian countries offered attractive retirement schemes for those particularly from the west, Latin American countries dominated the top 10.

For the 10th year running, Panama was named the world’s best place to retire due to its proximity to the US, the use of American currency, large English-speaking population and tropical climate.

Panama was trailed by regional neighbours Costa Rica, Mexico, Ecuador at second, third, and fourth place respectively.

However, one popular Asian country cracked the top 10 list and another made its first-ever debut.

SEE ALSO: Top Filipino cop who led war on drugs cries during retirement parade

According to the AFP, to compile the list of top 25 retirement destinations, editors consider 13 criteria: buying and investing, renting, benefits and seniors discounts, visas and residence, cost of living, fitting in, entertainment and amenities, healthcare, healthy lifestyle, development, climate, opportunity and governance.

Jennifer Stevens, IL’s executive editor, points out that retirees look into their priorities when looking for a place to call their home.


© Asian Correspondent