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Home » Retirement Locations » Outside US » Spain Spain Flag

Retirement in Spain

SPAIN

A land of ancient tradition and heritage, Spain is a well known country in Europe. It is one of the top tourist destinations in the world and is home to the second largest number of World Heritage Sites by the UNESCO. The country is also home to the largest number of World Heritage cities. The scenic beauty, idyllic atmosphere and rich culture and tradition make it one of the most sought after tourist destinations for the travelers. Madrid is the capital city of Spain while Barcelona, Seville and Granada are other well known cities.

Why Choose Spain for Retirement?

  • The land of bull-fights and the flamenco is full of energy. Retiring in this beautiful European country will give you great weather, friendly people, and different retirement communities.

  • Retiring in Spain ensures that your wallet does not get lighter. Spain is cheaper than other European countries. You can live here for less than $13,000 per year. Your dining bill will be around $20 for a meal. A beer and snacks cost around $1.50. You do not need to worry about grocery bills, which are only around $70 per week. You can afford $6 for movies and a ticket to Madrid's bullfighting arena for $4.
  • The cost of private health insurance is less than in the US. Health policies for you will cost you anywhere between $880 and $2,000 per year. While a routine check-up with a private doctor costs $35 to $55 the cost of a bed in a private hospital is around $140 per day.
  • Despite the rise in Spain's real estate prices, home prices are still pretty low. Pay $120,000 and move into village homes and coastal apartments. Living in the cities is also an affordable option where you can own a retirement home for less than $120,000. Costa Azahar and Orange Blossom Coast are two of the places seniors from the US relocate to.

      Pros: Cases of crime are very rare in Spain. Excellent transport facilities and modern healthcare services are available.

      Cons: The laid-back attitude of the people can be difficult at times.



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