Dylan Wagemans
SPAIN has long been one of the most popular countries for retirees from the UK, Germany, France and many other European countries, but according to a new study Spain is also one of the best countries for American retirees.
The study was carried out by Global Intelligence Unit, an international consultancy firm, and compared many variables such as the weather, taxes, acceptance towards migrants and others.
Spain ranked in first place on the index, beating the likes of Portugal, Costa Rica and Uruguay.
It scored so well due to its low cost of living, excellent quality of life, good public and private healthcare systems and visas for being able to move there.
The report suggests that Madrid is one of the most popular choices for American retirees, ‘known for its long history and culture’, and praised for its relatively low cost of living.
It suggests that a single person can live in the capital for around $2000 to $2500 USD per month – the equivalent of €1,765 to €2,207.
But it’s worth keeping in mind this might be a little low given the current rising costs in Spain.
The number of Americans living in Spain has risen by 10,000 in just two years, according to official data.
Risen by 10,000 people. Over what period of time?
In the last two years.