13. Mallorca, Spain
Situated in the Mediterranean Sea, Mallorca, Spain, is a gorgeous island paradise. The main language spoken is Spanish, of course. But since it is in Europe, there will be plenty of people who can speak English, and there are actually a lot of German ex-pats who love to visit Mallorca. If you wanted to go somewhere that spoke English, you are just a short round-trip flight to London from Barcelona for just $100. Mallorca has a gorgeous, classic Mediterranean climate with warm summers and extremely mild winters. Delicious, fresh seafood is plentiful and inexpensive and who doesn’t love a good Spanish paella?
According to Christian Monson from International Living, he happily moved from his home in the United States to live in Mallorca. He pays just $800 a month on his mortgage for a three-bedroom home. A glass of beer at the bar is just $3, taxi rides to the city of Palma are only $10. It’s very affordable for ex-pats to retire there and enjoy the laid-back lifestyle. While the US dollar is weaker than the Euro, typically worth around 80 cents of the Euro’s dollar, the relatively low cost of living in Mallorca still allows for a very comfortable retirement lifestyle.