Is It Right for You?

According to a 2025 Harris Poll, nearly half (44%) of Americans have seriously considered retiring abroad, with 14% reporting that they’re actively planning or contemplating a move overseas within the next two years.

Lower living costs, better healthcare, and the promise of a higher quality of life are making life overseas more tempting than ever.

Top Countries For American Retirees

According to the Harris Poll, Americans eye familiar, English-speaking destinations first when considering retirement abroad. Canada, the U.K., and Australia top the list, with France, Italy, Japan, Mexico, Spain, Germany, and New Zealand rounding out the top 10. These picks reflect convenience, cultural ties, and lifestyle appeal as much as financial considerations.

The Global Retirement Index, published annually by Natixis, ranks countries based on healthcare, finances, material wellbeing, and quality of life. While several American favorites like Australia, Canada, and Germany perform well, other nations—such as Norway, Ireland, and Switzerland—score higher overall for retirement security.

Why Americans Are Tempted By Retiring Abroad

So why are so many retirees looking beyond U.S. borders? “Most of our clients are retirees with federal pensions or other residual income—they’re looking for lower stress, lower costs, and solid healthcare,” said Kio Wakesho Simmons, CEO and founder of Traverse Culture, who helps Americans relocate overseas.

For retirees considering the leap abroad, Simmons’s message is clear: it’s not just about chasing a cheaper lifestyle, but about building a sustainable plan that can turn an overseas dream into a lasting reality. “People are in survival mode and just want out—but jumping without a plan is how you lose money and options,” she said.

Let’s take a closer look at the reasons Americans give for considering retiring abroad:

Lower Cost of Living

Many Americans are feeling squeezed by rising expenses at home, and 49% cite “lower cost of living” as the top reason for considering retirement abroad. Countries with affordable housing, inexpensive healthcare, and overall lower daily expenses are options for retirees seeking a simpler, more affordable lifestyle.

In addition, 86% of those considering moving abroad say that seeking a more affordable cost of living is the most important factor influencing their decision.

Political Dissatisfaction

Almost half of those looking to retire abroad cite dissatisfaction with the current U.S. political leadership as a reason. Political gridlock and shifting social policies have inspired many older adults to seek countries perceived as more stable or aligned with their values.

This political dissatisfaction is particularly pronounced among younger generations, with many citing concerns over rights and freedoms, which adds urgency to their desire for a different environment.

Access to Better Healthcare

Healthcare costs in the U.S. are a major pain point. About 38% of aspiring expats are drawn to countries where healthcare is more affordable and accessible, often with excellent public systems or lower out-of-pocket expenses compared to America. The trend also coincides with a rise in dual citizenship interest, as individuals seek flexibility and security to live beyond U.S. borders if needed.

Desire for a Higher Quality of Life

Quality of life matters. More than four in 10 (43%) Americans considering a move say they’re motivated by the promise of a better lifestyle, inclusive of safer cities, work-life balance, pleasant climates, and opportunities for adventure or personal growth. Moreover, a rising number of retirees seek communities with active social scenes and wellness-focused amenities, supporting not only physical but also mental and social well-being during retirement.

Climate and Environment

For many, the appeal of warmer temperatures or more temperate environments is a prime motivator, with 25% seeking countries with better climates. Healthier air, greener spaces, and less pollution can be major selling points for expat retirees. In addition, retirees show a strong preference for places with seasonal stability and outdoor recreational options like hiking or coastal access, which enhance their lifestyle and physical health. 

The Bottom Line

Retiring overseas is a personal choice, packed with both promise and pitfalls. Lower costs and better healthcare tempt many, but emotional ties, safety, and unknown challenges stop others in their tracks.

Anyone curious about retiring abroad should weigh lifestyle dreams against practical realities like visas, legal issues, taxes, and family connections before leaping. If freedom, adventure, or a reset feels right, now may be the moment to explore how much greener the grass really is, across the border.