10 Places So Cheap You Might Be Able To Stop Working and Live There.

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With the Annual Global Retirement Index, International Living’s editors systematically gather and sift through the wealth of opportunity the world offers, comparing, contrasting, ranking and rating their findings to help potential expats pinpoint the best-value destinations around the world. “We strive to create an index that provides the most accurate—and useful—insights for readers," says International Living's executive editor Jennifer Stevens. “There’s no one-size-fits-all destination, but by gathering insights and specific data from our correspondents around the world, we’re able to compare apples-to-apples and create a snapshot of what each of the 24 countries we rank has to offer across categories like Cost of Living, Healthcare, Visas and Residence and more.”

Annually, the International Living editors refine their methodology. “We tweak the index each year to make our comparisons more helpful to potential expats,” says Stevens. The Climate category, for instance, now favors places that offer a variety of options. “The sun may shine year-round in a beach locale, but not everybody likes hot and humid and so this 2020 index gives favor to those places that might, for instance, offer both beach and a cooler highland option,” says Stevens.

Another change is in the Cost of Living category. “We took the cost of housing out entirely and created a new category, which combines buying and renting, which now makes it easier to compare day-to-day living costs,” says Stevens.

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