World-renowned author and overseas retirement expert Kathleen Peddicord selects top retirement destinations plus a bonus list of the top 5 ‘Jet Set Destinations’

the leading resource for people who want to live, retire, and invest overseas, announced today its annual index of the 10 best places in the world to retire in 2023. This year, a bonus list of five jet set, luxury destinations will also be featured. The full index will be available to purchase in January 2023 at www.liveandinvestoverseas.com.

“With talks of recession and uncertainties in the market right now, this year’s retirement index is one of the most critical ones yet,” said Kathleen Peddicord, Founding Publisher of Live and Invest Overseas. “Our hope is that individuals who are looking to retire soon or make an investment to further their financial security, use this list as a steppingstone to start their next phase in life.”

The index concentrates on 10 locales across 10 countries and provides specific information for retirees to make more informed decisions. Destinations are ranked based on 13 categories: cost of living, health care, entertainment, recreation, whether the English language is spoken, expat community, infrastructure (Internet, electricity, domestic access), access to North America, environmental factors, crime, real estate restrictions, residency, and taxes. Here is the list in order of ranking:

#1: Chitré, Panama
Final Grade: A

Chitré is a small town with the comforts of a city—perfect for a comfortable, well-appointed lifestyle. It’s largely undiscovered, with limited tourism and a small expat community, and for now is one of the most affordable places to live in Panama, including low-cost beachfront property.

Panama offers a top-tier retirement visa, uses the U.S. dollar, it taxes jurisdictionally, is well-connected to the States, and it’s stalwart and stable—the place to be during a recession or global crisis.

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