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Portugal Named No. 1 for U.S. Retirees as Natixis Puts Norway, Ireland and Switzerland on Top

Different scoring methods highlight affordability versus security, shaping retiree decisions alongside evolving visa rules and real-world budgets.

Overview

  • Global Citizen Solutions’ 2025 report ranks Portugal first for Americans, with couples estimated to live comfortably outside Lisbon and Porto on about $1,800 to $2,600 a month and common pathways via the D7 or digital nomad visas.
  • The 2025 Natixis Global Retirement Index identifies Norway, Ireland and Switzerland as the strongest for overall retirement security based on healthcare, financing of retirement, material well-being and quality of life.
  • International Living highlights lower-cost destinations across Southeast Asia, Eastern Europe and Latin America, where some retirees can keep monthly expenses below $1,200 by living outside capital and tourist areas.
  • Portugal has moved to extend its Golden Visa timeline, raising the residency requirement to 10 years before applicants can seek citizenship.
  • U.S. Social Security data show Greece among the top destinations for American retirees with just over 13,000 benefits claimed there in 2023, and countries such as Greece and Norway outline specific visa routes with defined income thresholds.