According to a new report, there's actually one country poised to be the best place for those looking to make international moves in retirement, and it has a surprising reason for being on everyone's radar right now. Keep reading to find out what that is, and what you need to know about moving there.
Sorry, Florida, but there's a new hot spot for retirees looking to relocate. According to Investopedia, Finland may be the perfect place for retirees this year. That's due in no small part to Gallup's World Happiness Report naming Finland the happiest country in the world in 2026.
Low crime ratesStrong sense of securityYear-round access to outdoor activitiesRobust public transit systemsSolid international infrastructure that makes it easy to travel abroad
Related: The Best Strategies To Protect Your Social Security From the IRS
What You Need to Know About Retiring to Finland
That includes funding the country's public transit, free healthcare, and other social services. While the trade-off probably balances out financially, it could cause sticker shock if you're not expecting it.
Additionally, those who move to Finland may still find themselves owing Uncle Sam a paycheck every year when tax time rolls around. And in some cases, you can find yourself paying taxes to both America and Finland, depending on what type of retirement income you're earning.
Related: Apparently, the Future of Social Security Isn't All Doom and Gloom
How to Retire in Finland as an American
Americans are also required to prove that they are financially independent, have access to private insurance, and don't need to rely on Finland's vast social assistance network.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
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