Retiring on a small pension or Social Security doesn’t mean you have to sacrifice comfort or quality of life. In fact, in 2025, there are several countries where your money goes further, affording you access to beautiful scenery, excellent healthcare, and welcoming communities.
Here are the 10 best countries to retire on a small pension or Social Security in 2025:
1. Thailand
Affordable living, world-renowned cuisine, and excellent private healthcare make Thailand a favorite among retirees. You can live comfortably for around $1,200–$1,500 per month—even in cities like Bangkok or Chiang Mai.
Bonus: A special retirement visa is available for foreigners aged 50 and above.
2. Vietnam
With a monthly budget of $1,000–$1,500, you can enjoy vibrant culture, fresh cuisine, and a rapidly improving healthcare system. While there’s no dedicated retirement visa yet, long-term tourist or business visas are viable.
3. Bulgaria
Bulgaria offers incredible value in Europe. Consider $1,000–$1,500 per month, which includes rent, food, and other expenses. Expats enjoy both public and private healthcare, and a long-term residence permit is available for retirees.
4. North Macedonia
It’s a hidden gem in the Balkans. Retirees can live comfortably on $800 to $1,200 per month. Enjoy a peaceful lifestyle and stunning locations, such as Lake Ohrid.
5. Colombia
World-class healthcare, warm weather, and a retirement visa for those earning $750 per month make Colombia an excellent option. Medellín is especially popular with expats.
6. Philippines
The Philippines offers tropical island life and low living costs, ranging from $1,200 to $1,500 per month. English is widely spoken, and retirees can apply for the SRRV visa.
7. Dominican Republic
Affordable Caribbean living, retiree visas, and beautiful beach towns like Sosúa and Las Terrenas make this a great option.
8. Montenegro
Live the Mediterranean life for $1,500–$2,000 per month. Residency is possible through property ownership or proof of income. Scenic and charming coastal towns await.
9. Ecuador
Low-cost Andean life with a strong expat community. The Pensionado visa only requires a monthly stipend of $800. Cities like Cuenca are retirement havens.
10. Panama
Panama’s Pensionado visa offers benefits and modern conveniences. Live well on $1,500–$2,000 per month in places like Boquete or Coronado. The U.S. dollar is used as currency.
Final Thoughts
Retirement abroad on a modest budget is not only possible—it’s increasingly popular. These countries offer retirees an escape from high costs without giving up comfort, community, or care.
Which country would you retire in? Do you agree with our best countries to retire in 2025?
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