In recent years, more and more retirees in Europe and the USA have chosen to spend their retirement outside their home country.

According to the U.S. Social Security Administration, more than 700,000 Americans now receive their monthly pension payments while living abroad.

Europe in particular has become a popular destination for these retirees, and several factors explain why.

For some, retirement in Europe is an opportunity to reconnect with the culture of their ancestors, while others may be attracted by the prospect of spending more time on the continent where they vacationed.

Depending on the country or city, European destinations can offer a lower cost of living, a more pleasant climate or a high quality of life, all of which are extremely attractive for those looking to make the most of their retirement.

Although retiring to Europe is tempting, there are several factors to consider before making the move. We strongly recommend that you seek professional advice on the tax implications, as different countries have different rules and treaties that may affect your financial situation.

In addition, to ensure a smooth transition, it is important to be informed about healthcare options, visa and residency requirements, rental costs, infrastructure and language barriers.

Recently popular travel portal Travel+Leisure published its list of the nine best places to retire in Europe.

A city in Croatia made it onto the list.

Split, Croatia: A top destination for retirees

A particularly attractive destination for retirees is Split in Croatia. As Travel and Leisure notes, Croatia is becoming increasingly popular not only as a tourist magnet but also as an ideal place to retire.

The country has about 5,800 kilometers of coastline and its warm, dry summers and mild winters create an appealing climate for those seeking year-round comfort.

Split, Croatia’s second largest city, offers easy access to some of the country’s most beautiful beaches.

The city is rich in history: the Roman Emperor Diocletian had his palace built here, the remains of which are now a UNESCO World Heritage Site.

Share

Due to the vibrant local scene of restaurants, bars, cultural venues and entertainment options, as well as a significant number of English-speaking residents, foreign retirees find it relatively easy to adjust to life in Split.

American citizens who wish to stay in Croatia for more than 90 days must apply for a temporary residence permit.

After five years of residence, they can qualify for permanent residency. In addition, Americans are allowed to buy property in Croatia, making it easier for them to settle.

Share

Healthcare in Croatia is considered adequate and English-speaking doctors are available so that medical needs can be met without significant language barriers, it is reported portal.

Other places on the list include the Algarve in Portugal, Bordeaux in France, Budapest in Hungary, Ljubljana in Slovenia, Alicante in Spain, Valletta in Malta, Kinsale in Ireland and Prague in the Czech Republic.