Baltimore, MD. (PRWEB)
January 02, 2018
This year’s Index—the most comprehensive produced over the last 27 years—highlights several new items worth noting: Costa Rica takes the top spot for the first time. Bali appears on the Index for the first time. And Peru makes the top 10 for the first time.
The 2018 Index itself is more comprehensive than ever, including ratings in 12 categories (2 more than in years past): buying and investing; renting; benefits and discounts; visas and residence; cost of living; fitting in; entertainment and amenities; healthcare; healthy lifestyle; development; climate; and governance.
The key aim of the Index is to help retirees find locations where their dollar goes further—where they can get the best bang for their buck in terms of real estate, cost of living, and overall quality of life.
A vast amount of hard data goes into the Index, the scores across the individual categories are added up, and then a total score is established for each country.
“By design, the rankings in our annual Global Retirement Index are largely subjective, but we build it from a base of facts and figures,” says Jennifer Stevens, International Living Executive Editor. “Our editors rely on the informed judgment and real-world experience of the magazine’s contributors and editors in the field as well as additional in-country expats…people who have made the move and have first-hand experience.
“They provide detailed data and insights about the places where they live—places we feel confident recommending to folks interested in retiring abroad. Data like the average-cost-per-foot of real estate spread over an entire country isn’t really useful when we’re not recommending a whole country.
“We’re focused, instead, on particular communities. So in terms of real estate, for instance, we’re looking at what it costs to rent or buy the sort of place an expat would want, in a neighborhood that’s desirable. So we’re gathering up-to-date, accurate, on-the-ground data that’s useful and—most importantly—reliable and relevant to prospective…