3 Jan, 2020 @ 08:26
1 min read

REVEALED: Why Spain’s Costa del Sol is among the best places to retire in the WORLD, according to Forbes

retire
malaga crime
Costa del Sol, Spain

AMERICAN publication Forbes has prepared a list of the best places for its readers to retire in 2020. 

And it’s no surprise Spain has made the cut.

The country has an amazing health service, low crime rate, culture and of course a warm climate.

But where to live? Well, according to Forbes, either the Costa del Sol, Bilbao or the Costa Azahar in Castellon.

“Sunny Spain is cheaper than much of Europe, particularly a few miles away from the gorgeous coasts and big cities,” Forbes said.

bilbao
Bilbao also made the list

“Healthcare is considered excellent. Crime rate is low. Visas for U.S. retirees are relatively easy to get upon a showing of adequate annual income, roughly $36,000 for a couple.

“A tax treaty between the US and Spain eliminates many double taxation issues.”

It added: “Knowledge of some Spanish is a must. There are nonstop flights back to the US.

“Inviting venues include the Costa del Sol along the Mediterranean, Bilbao and the Orange Blossom Coast near Barcelona.”

It described the healthcare as excellent and the cost of living as ‘very reasonable.’

Malaga is full of British retirees to have chosen the idyllic region to spend their golden years.

In towns such as Alcaucin, more than a third of its 2,300 residents are foreign, mostly British.

Forbes’ list also includes Latin American countries such as Colombia, Panama and Aruba, and European favourites such as Italy, Portugal or Scotland.

More eastern options included Thailand, the Philippines and Malaysia.

Laurence Dollimore

Laurence Dollimore is a Spanish-speaking, NCTJ-trained journalist with almost a decade’s worth of experience.
The London native has a BA in International Relations from the University of Leeds and and an MA in the same subject from Queen Mary University London.
He earned his gold star diploma in multimedia journalism at the prestigious News Associates in London in 2016, before immediately joining the Olive Press at their offices on the Costa del Sol.
After a five-year stint, Laurence returned to the UK to work as a senior reporter at the Mail Online, where he remained for two years before coming back to the Olive Press as Digital Editor in 2023.
He continues to work for the biggest newspapers in the UK, who hire him to investigate and report on stories in Spain.
These include the Daily Mail, Telegraph, Mail Online, Mail on Sunday and The Sun and Sun Online.
He has broken world exclusives on everything from the Madeleine McCann case to the anti-tourism movement in Tenerife.

GOT A STORY? Contact newsdesk@theolivepress.es or call +34 951 273 575 Twitter: @olivepress

2 Comments

  1. Hands up those expat pensioners who would qualify under these rules? (27500 pounds income per annum for a couple) Because, after Brexit, you’ll be in the same boat as the Yanks this Forbes article is aimed at.

    Location : malaga
  2. ” low crime rate” they obviously have never heard the phrase Costa del Crime coined in the eighties and still going strong today on the Costa del Sol. Take your chances your not shot in a Restaurant or Bar. Nuff said!

    Location : canaries

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