Top 5 countries where you can retire for less than 1,500$ per month in 2020
Updated: Jul 21, 2020
Low cost of living and safe neighbourhoods is a top consideration for many people in 2019
Scores of 2020 Global Peace Index 163 countries where analysed relating to their peacefulness
Global Peace Index Rank: 4/163
Cost of Living Index: 71.79
Retirement Visa: You’ll need a residence permit if you’re staying longer than six months, plus proof of sufficient financial means.
Global Peace Index: 13/163
Cost of Living Index: 72.08
Retirement Visa: Fast-track permanent residency programs require high net worth. Otherwise, apply for a visitor visa and reapply as needed. After four years, you may qualify for a permanent residency visa.
3. Czech Republic
Global Peace Index: 8/163
Cost of Living Index: 45.12
Retirement Visa: No retirement visa scheme, but a long-term residence permit is awarded in certain situations. You’ll need proof of health insurance regardless of trip length.
Global Peace Index: 3/163
Cost of Living Index: 50.39
Retirement Visa: You can apply for a permanent residency visa if you have proof of financial means.
Global Peace Index: 11/163
Cost of Living Index: 52.51
Retirement Visa: If you stay longer than 90 days, apply for a residence permit. You’ll need proof of health insurance, sufficient income, and a permanent address.