Retirees seek lower cost of living in Spain and Sri Lanka

Retirees are increasingly seeking international destinations to combat inflation and rising costs of living in Europe. In Spain, the Costa del Sol, specifically Málaga, has become a popular choice for those looking to reduce expenses. Residents report that living in Málaga can be approximately 30% cheaper than in France, particularly regarding food, leisure activities, and housing outside of ultra-luxury areas.

Beyond Europe, Sri Lanka is emerging as a top destination for retirees seeking high quality of life at a lower cost. According to rankings from International Living, the country offers a combination of tropical landscapes and affordable daily expenses. Reports indicate that a couple can live comfortably in a villa with a garden and pool in Sri Lanka for approximately 1,870 euros per month, covering housing, dining, and local services.