Home Breadcrumb caret Economy Breadcrumb caret Economic Indicators The 15 best places to be a retiree Panama is the best place for expats to retire to in the world, finds International Living’s annual global retirement index. By Staff | January 17, 2014 | Last updated on January 17, 2014 1 min read Panama is the best place for expats to retire, finds International Living’s annual global retirement index. The site says Panama City offers a high standard of living, proximity to the U.S., affordability, and English is widely understood. Read: Government may limit aid to dual citizens Runner-up on the list is Ecuador. Other countries on the list include Spain and Cambodia. The index weighs factors like climate, affordability, ease of gaining residency, health care, real estate and standard of living. For the rest of the list, click here. Read: Budget busters: the 10 costliest cities to visit Google Street View is heading into hotels Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo