Kotor was ranked 11th in the list of Euro News, which ranks the best European places for retirement. In the explanation, it is stated that Kotor is more than a paradise for investors.
“Over the years, expat retirees have found this location to be affordable and beautiful for retirement. Located in the stunning Bay of Kotor, the city offers retirees access to pristine beaches along the Adriatic coast, as well as charming seaside towns in its vicinity,” the authors of the study state.
The city, it added, also boasts an easy residency policy and a promising expat community. On average, an individual can easily retire in Kotor with $837, while couples can live on less than $1,500.
To compile the list of the best places to retire in Europe, sources such as Live & Invest Overseas, US News & World Report, Travel & Leisure, European Best Destinations, Expatriate Consultancy, International Living, as well as discussions and comments of retirees on Reddit were used.
Each time a site recommended a source, it received one point. Places with similar scores were tied based on cost of living, with 0.1 extra point given to a cheaper place than 2, 0.2 to a cheaper place than 3, and so on.
Monthly living costs were obtained from International Living, Livingcost.org, among others. Places are then ranked in ascending order from lowest to highest points.
Euro News states that some of the best places to retire in Europe are Spain and Croatia. Spain is among the top contenders for its warm weather, beautiful beaches and safety. According to the World Economic Forum, Spaniards have the longest life expectancy in Europe, at 83.1 years. Their secret? Their Mediterranean diet. The plate in Spain is full of fruits, vegetables, olive oil and fish.
Ljubljana (13th place) is also in the Top 20 cities for the most beautiful retirement days. On the first place of the list is Valletta (Malta), followed by Berlin (Germany) and Lisbon (Portugal).
