{"id":79166,"date":"2026-10-02T12:00:32","date_gmt":"2026-10-02T12:00:32","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/10\/02\/posthaste-canadians-mulling-retirement-abroad-might-want-to-consider-one-of-these-top-ranked-countries-says-report\/"},"modified":"2026-10-02T12:00:32","modified_gmt":"2026-10-02T12:00:32","slug":"posthaste-canadians-mulling-retirement-abroad-might-want-to-consider-one-of-these-top-ranked-countries-says-report","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/10\/02\/posthaste-canadians-mulling-retirement-abroad-might-want-to-consider-one-of-these-top-ranked-countries-says-report\/","title":{"rendered":"Posthaste: Canadians mulling retirement abroad might want to consider one of these top ranked countries, says report"},"content":{"rendered":"<p> \n<br \/><iframe loading=\"lazy\" title=\"Mortgage rate rise could &amp;apos;suffocate&amp;apos; housing recovery\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/BYfppTGEAXQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><img decoding=\"async\" alt=\"\" data-has-syndication-rights=\"1\" data-license-id=\"\" data-portal-copyright=\"\" src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2023\/01\/fp-posthaste-LOGO-01132023.jpg\" title=\"\" \/><\/p>\n<p> How would you like to retire to Uruguay? <\/p>\n<p> The Latin American country is the top destination for the growing trend of retirement migration, according to Global Citizen Solutions, an advisory company on international residency, which ranked 46 countries that actively canvass for retirement migrants on a set of five criteria: lifestyle, passport mobility and citizenship, taxes , procedure and costs and investment. <\/p>\n<p> The top five countries were Uruguay, Mauritius, Spain, Costa Rica, Portugal. <\/p>\n<p> \u201cRetirement migration began as an internal, amenity-seeking movement within wealthy societies,\u201d its report released on Oct. 1 said, but added that has since morphed into a global trend as the world\u2019s population ages and becomes more wealthy . <\/p>\n<p> The number of people aged 65 and older will likely more than double to 1.6 billion by 2050 from 761 million in 2021, the United Nations said, calling it a \u201clongevity revolution.\u201d <\/p>\n<p> As more people look to spend their retirement years outside their home country, governments around the world have established programs to attract this growing cohort who have the money to fund a globe-trotting lifestyle. <br \/><img decoding=\"async\" alt=\"\" data-has-syndication-rights=\"1\" data-license-id=\"\" data-portal-copyright=\"\" src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/10\/top-countries-ranked.png\" title=\"\" \/><span><\/span> <\/p>\n<p> \u201cPrivate wealth is large, expanding and increasingly mobile,\u201d the report said. <\/p>\n<p> The report said people 50 and older accounted for approximately half of all consumer spending in 2020 and that older households \u201ccommand a rising share of accumulated wealth.\u201d <\/p>\n<p> \u201cA larger, longer-lived and comparatively affluent older population thus constitutes not merely a growing supply of potential migrants but a prize of real fiscal significance for the states competing to attract them,\u201d it said. <\/p>\n<p> Total personal wealth grew by 10.8 per cent in U.S. dollar terms in 2025 and the number of millionaires increased, according to the latest UBS Global Wealth report. <\/p>\n<p> The Global Citizen report focused on the \u201cpassive-income retirement\u201d route, where a person must prove they have stable non-employment income such as a pension to support themselves in their new home. <\/p>\n<p> Uruguay scored at least 75 out of 100 on the five metrics, registering strong results for mobility and costs and investment. Permanent resident status there is immediately granted upon proof of US1,700 per month of stable income and dual citizenship is also allowed. <\/p>\n<p> But it has negatives, too. <\/p>\n<p> \u201cQuality of life is Uruguay\u2019s relative weak point in the index, mainly because of its environmental performance score,\u201d the report said. \u201cThat result does not change the country\u2019s standing on the ground: Uruguay remains one of the most politically and economically stable countries in Latin America, one of the region\u2019s leaders in quality of life and is regularly cited as its safest.\u201d <\/p>\n<p> Mauritius led the top five on taxes and is the \u201cnatural choice\u201d for wealthy migrants seeking low tax rates, the report said. <\/p>\n<p> The island nation off the southeast coast of Africa does not tax foreign pensions and income and the income required is US$2,000 a month. <\/p>\n<p> \u201cThe program\u2019s other scores are solid rather than exceptional,\u201d with quality of life the lowest, the report said. <\/p>\n<p> Spain has \u201cthe archetypal quality of life and mobility program,\u201d scoring 94 on quality of life, though it placed last on taxes. There are taxes on worldwide income, inheritance and net wealth above three million euros. Potential migrants must prove they have 2,400 euros of \u201cpassive income\u201d available and people are not allowed to work. <\/p>\n<p> \u201cThe 2026 Global Retirement Report and Index confirms that there is no single best destination for retirement or passive-income residence, only the best fit for a particular set of priorities,\u201d the report said. <\/p>\n<ul class=\"related_links\">\n<li>Posthaste: Tariffs \u2014 especially against Canada \u2014 are angering Americans and could sway the midterm vote, poll says<\/li>\n<li>Posthaste: Canada has all the ingredients to be a data centre superpower, says report<\/li>\n<\/ul>\n<hr \/>\n<p> <em><strong> Sign up here to get Posthaste delivered straight to your inbox.<\/strong><\/em> <\/p>\n<hr \/>\n<p> <strong><br \/> <img loading=\"lazy\" decoding=\"async\" alt=\"\" class=\"aligncenter size-full wp-image-1758646\" height=\"114\" src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2019\/02\/subhead_leading.png\" width=\"838\" \/><\/strong> <\/p>\n<\/p>\n<section class=\"story-v2-content-element article-content__content-group article-content__content-group--story\">\n<div class=\"story-v2-content-element-inline\"><img loading=\"lazy\" decoding=\"async\" alt=\"Bond yields\" class=\"alignnone size-full wp-image-4160781\" height=\"1025\" src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/10\/bond-yields-.png\" width=\"1200\" \/><\/div>\n<div>\n<section class=\"story-v2-content-element article-content__content-group article-content__content-group--story\">\n<div class=\"story-v2-content-element-inline\">\n<p>Bond yields are climbing almost daily around the world, sparking a heated debate over the reasons why and how much further they have to run.<\/p>\n<\/p><\/div>\n<\/section>\n<section class=\"story-v2-content-element article-content__content-group article-content__content-group--story\">\n<div class=\"story-v2-content-element-inline\">\n<p>A global selloff in fixed-income has driven benchmark 10-year United States Treasury yields to the highest since 2007, and more than half of 173 respondents to a Markets Pulse survey last week predicted U.S. 30-year yields will hit six per cent by the end of the year. <em>\u2014 Bloomberg<\/em><\/p>\n<p><strong>Keep reading here for 10 reasons why investors are driving bond yields higher.<\/strong><\/p>\n<\/p><\/div>\n<\/section><\/div>\n<\/section>\n<section class=\"story-v2-content-element article-content__content-group article-content__content-group--story\">\n<div class=\"story-v2-content-element-inline\">\n<\/div>\n<\/section>\n<section class=\"story-v2-content-element article-content__content-group article-content__content-group--story\">\n<div class=\"story-v2-content-element-inline\">\n<hr \/><\/div>\n<\/section>\n<section class=\"story-v2-content-element article-content__content-group article-content__content-group--story\">\n<div class=\"story-v2-content-element-inline\"><\/div>\n<\/section>\n<p><img decoding=\"async\" alt=\"\" data-has-syndication-rights=\"1\" data-license-id=\"\" data-portal-copyright=\"\" src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2025\/07\/subhead-1.jpg\" title=\"\" \/><\/p>\n<ul>\n<li><strong>Today\u2019s Data<\/strong>: U.S. jobs numbers for September and unemployment rate, U.S. factory orders and durable goods orders, non-defence capital goods orders excluding aircraft parts<\/li>\n<li><strong>Earnings: <\/strong>Scantech AI Systems Inc., Ocean Thermal Energy Corp., CSG Systems International Inc., Dayforce Inc.<\/li>\n<\/ul>\n<p> <img loading=\"lazy\" decoding=\"async\" alt=\"\" class=\"aligncenter size-full wp-image-3080180\" height=\"114\" src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2022\/07\/subhead_marketsam.jpeg\" width=\"838\" \/> <\/p>\n<p><img decoding=\"async\" alt=\"\" data-has-syndication-rights=\"1\" data-license-id=\"\" data-portal-copyright=\"\" src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/10\/chart-1002-ph.jpg\" title=\"\" \/><\/p>\n<figure class=\"embedded-image\"><\/figure>\n<hr \/>\n<p> <strong><img loading=\"lazy\" decoding=\"async\" alt=\"\" class=\"aligncenter size-full wp-image-3080181\" height=\"114\" src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2022\/07\/subhead_reads.jpeg\" width=\"838\" \/><\/strong> <\/p>\n<ul>\n<li>Carney fast-tracks massive West Coast oil pipeline, dubbed Pacific Link<\/li>\n<li>Calls increase for Bank of Canada to hike rates in October as global investment bank UBS weighs in<\/li>\n<li>Canadian company to build country\u2019s first rocket engine test facility<\/li>\n<li>Mortgage rate rise could \u2018suffocate\u2019 recovery: Ron Butler and John Pasalis on Canada\u2019s housing market<\/li>\n<\/ul>\n<p> <img loading=\"lazy\" decoding=\"async\" alt=\"\" class=\"aligncenter size-full wp-image-2059284\" height=\"114\" src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2020\/04\/subhead_personal_finance_2.png\" width=\"838\" \/> <\/p>\n<p> This Nova Scotia woman\u2019s mother passed away a few months ago, leaving her the entire estate, while disowning a brother and sister. A decade ago, her mother gave each sibling $200,000 each as an advance on their inheritance to start businesses. The businesses didn\u2019t work out and the siblings asked their mother for more. When she said \u201cNo,\u201d they never spoke to their parent again. This reader said she cared for my mother, who had cancer but not dementia, and two years ago she rewrote her will. The siblings now say the mother was taken advantage of, which the reader denies, and are threatening court unless they are each given $100,000. The reader is wondering, which costs more: paying them out or the legal fees to fight them. \u201cI\u2019m so angry at this but still want to be fair about it.\u201d Keep reading FP Answers here to find out more. <\/p>\n<hr \/>\n<p><img decoding=\"async\" alt=\"\" data-has-syndication-rights=\"1\" data-license-id=\"\" data-portal-copyright=\"\" src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2026\/09\/image-99.png\" title=\"\" \/><\/p>\n<p> The FP Atlantic Economic Report takes you behind the scenes of the business world in Atlantic Canada. We\u2019ll bring you insights from CEOs, government leaders, investors and economists on what\u2019s making the regional economy tick and where it\u2019s heading next. Sign up here <\/p>\n<hr \/>\n<div class=\"x_elementToProof\">Are you worried about having enough for retirement? Do you need to adjust your portfolio? Are you starting out or making a change and wondering how to build wealth? Are you trying to make ends meet? Drop us a line at wealth@postmedia.com<span><\/span><span> with your contact info and the gist of your problem and we\u2019ll find some experts to help you out while writing a Family Finance story about it (we\u2019ll keep your name out of it, of course).<\/span><\/div>\n<hr \/>\n<h2>McLister on mortgages<\/h2>\n<p> Want to learn more about mortgages? Mortgage strategist Robert McLister\u2019s Financial Post column  can help navigate the complex sector, from the latest trends to financing opportunities you won\u2019t want to miss. Plus check his mortgage rate page for Canada\u2019s lowest national mortgage rates, updated daily. <\/p>\n<hr \/>\n<h2>Financial Post on YouTube<\/h2>\n<p> Visit the Financial Post\u2019s YouTube channel for interviews with Canada\u2019s leading experts in business, economics, housing, the energy sector and more. <\/p>\n<hr \/>\n<p> <em>Today\u2019s Posthaste was written by Gigi Suhanic with additional reporting from Financial Post staff and Bloomberg.<\/em> <\/p>\n<p> Have a story idea, pitch, embargoed report, or a suggestion for this newsletter? Email us at posthaste@postmedia.com . <\/p>\n<hr \/>\n<p> <em><strong>Bookmark our website and support our journalism:<\/strong> Don\u2019t miss the business news you need to know \u2014 add financialpost.com to your bookmarks and sign up for our newsletters here<\/em> <\/p>\n\n<br \/>Posthaste: Canadians mulling retirement abroad might want to consider one of these top ranked countries, says report<\/a><br \/>\n<br \/>2026-10-02 12:00:32<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>How would you like to retire to Uruguay? The Latin American country is the top destination for the growing trend of retirement migration, according to Global Citizen Solutions, an advisory&#8230;<\/p>\n","protected":false},"author":2,"featured_media":79167,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-79166","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/79166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=79166"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/79166\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/79167"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=79166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=79166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=79166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}