The world’s best destination to retire in 2026 has been revealed, and it may surprise you. Many Brits decide to head to the sunny towns of Spain or Portugal when they finally get to say goodbye to work for good.

The often gloomy weather of the UK leaves many seeking a different life as they enter their golden years. In a time of relaxation, leisure and fun, some find the British shores just don’t cut it anymore. But when deciding where to spend your retirement, you also need to consider the cost of living, healthcare, housing, visas, climate and ease of integration.

Each year, International Living’s 2026 Annual Global Retirement Index looks at all the factors and reveals the world’s top destination to head for retirement. And, for the first time in its history this country as reached the top.

They have declared Greece as the top destination to retire thanks to its affordable lifestyle, private healthcare, accessible visa options and enviable Mediterranean climate.

“Greece’s rise to number one marks a shift in Europe’s retirement landscape,” said Jennifer Stevens, Executive Editor of International Living. “For years, Portugal and Spain led the way, but recent visa changes and rising costs have retirees looking elsewhere.

“Greece now offers what many are seeking—a beautiful, welcoming, and affordable European base with accessible residency options and a lifestyle that feels rich in every sense.”

The country received high scores in the categories of climate, healthcare and housing. These key pointers can make those heading to Greece feel at home.

Their Golden Visa program, which grants residency through property investment, remains one of Europe’s most accessible, particularly now that Portugal has tightened its rules.

International Living’s Global Diversification Expert Ted Baumann added: “All in all, when it comes to Golden Visa options, I’d say Greece is more than the new Portugal… it may be even better.”

The publication’s Greece correspondent Leena Horner retired to Corfu four years ago with her husband. They live comfortably on about €2,900–€3,000 a month, which is about £2,600. Seaside homes can cost €600 to €1,000 a month to rent, and a dinner for two with wine costs €30–€50, which comes in at a max of £44.

Speaking of her new life, Leena said: “Greece quietly transforms the way you live. It’s not just one thing; it’s the climate, the siga siga attitude of taking life slowly, the vibrant community, and the daily connection with nature.”

Greece boasts over 8,000 miles of coastline and has more than 300 days of sunshine a year. European destinations have made a strong showing for the 2026 list with Greece, Portugal, Italy, France, and Spain all ranking in the Top 10.

The Top 10 Retirement Destinations for 2026

1. Greece

2. Panama

3. Costa Rica

4. Portugal

5. Mexico

6. Italy

7. France

8. Spain

9. Thailand

10. Malaysia