Greece ranks among top spots for American retirees seeking low‑cost living

A recent Forbes analysis lists 24 countries that attract American retirees, noting a 20% rise in the 712,000 U.S. seniors receiving benefits abroad over the past 13 years. Greece is highlighted for its “culture, sun, sea” appeal, offering a cost of living at least 50% lower than the U.S. average in most areas outside Athens. The country provides good public healthcare, though private insurance is recommended, and enjoys low serious‑crime rates despite climate‑change‑related natural‑disaster risks. A tax treaty with the United States prevents double taxation and can grant favorable tax rates to foreign retirees. Entry options include the Financially Independent Person (FIP) visa, which requires a minimum annual passive income of $60,000 for a couple, and a two‑year digital‑nomad visa that can lead to permanent residency after five years. Popular Greek destinations for retirees are Athens, Corfu, Kalamata and Thessaloniki, while Mauritius joins the Forbes list as a new low‑cost option.