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£1,500 a month, a couple

Where Can You Retire Abroad on £1,500 a Month?

9 of the 52 countries we track are comfortably within £1,500 a month for a couple. The table shows what is left over in each after normal living costs — rent, food, utilities, transport and private health cover.

CountryModestComfortableSpare on £1,500
Colombia£950£1,400£100 left
Cambodia£850£1,400£100 left
Sri Lanka£800£1,350£150 left
Tunisia£850£1,300£200 left
India£750£1,300£200 left
Laos£750£1,250£250 left
Bulgaria£780£1,200£300 left
Albania£750£1,200£300 left
Egypt£650£1,050£450 left

Just out of reach

These sit within about 20% of your budget — possible on a modest standard of living, or if you own outright and have no rent to pay: Cape Verde (£1,600), Ecuador (£1,600), Dominican Republic (£1,650), Philippines (£1,650), Vietnam (£1,700).

At this level, rent is the whole game

Below about £1,600 a month the gap between a workable retirement and a stressful one is almost entirely housing. In most of the countries above, moving fifteen minutes out of the tourist centre halves the rent and changes nothing else about your day.

This is also the budget where owning outright stops being a nice-to-have. With no rent, most of these countries fall under £900 a month and the figure stops being tight at all — which is why people at this level often buy something small rather than rent something better.

The thing that catches people out is health cover after 70. Premiums rise sharply, and at this budget an unplanned increase is the most common reason a move home becomes forced.

What the figure leaves out

It assumes you are renting, and it excludes flights home, tax on your pension in your home country, and the cost of any property you still own there. Those three are what most often break an otherwise sound plan.

Working to about £1,500 a month? The four questions take two minutes and tell you honestly whether buying abroad fits your situation.

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