Whether you're ready to retire next year or you're looking for future retirement inspiration, it's no secret that many Canadians are choosing to hang up their hats abroad. Packing up your life and leaving family and friends behind to move to a new city or country is a big decision. If you or a family member is thinking of retiring abroad, a new report released by International Living is a good place to start your research. The travel magazine released its 2026 Annual Global Retirement Index this month, revealing the world's top 10 retirement havens next year. International Living says the index isn't just a ranking, but a "decision-making framework." "Based on more than 40 years of on-the-ground experience and in-depth reporting from our trusted network of expats and correspondents, this Index is built to help you take action," reads the report. There are a lot of factors that go into choosing where you retire, which is why the magazine's editors scored the best countries for retirement based on the cost of living, health care, housing, climate, visa and residency options, and more. Though Canada didn't make the list, it provides diverse options for Canucks who want to live the rest of their days in a different environment. Here are the top 10 places to retire in 2026. 10. Malaysia According to the report, you can get the most bang for your buck in Malaysia when it comes to quality of life, which is why it's among the best retirement havens in the world. "Life here is just so easy. You'll get by in English without much of a hitch; if you choose to drive (they drive on the left), you'll find the roads are excellent, and you'll have no problem finding high-speed internet or cable," states the magazine. Health care is also world-class with English-speaking doctors, and the ability to see a specialist without needing an appointment for as little as $20, reads the report. Canadian retirees have plenty of cities to choose from, depending on their lifestyle. The magazine recommends checking out places like Penang, Kuala Lumpur, Johor Bahru, Malacca, and Ipoh. "And living in Malaysia means you have the perfect base for exploring Southeast Asia. Low-cost flights throughout the region mean a weekend in Vietnam or Borneo is easy," reads the report. "When you sprinkle the stunning beaches the country has to offer into the mix, and then throw in unbeatable health care at super-low prices, you have a country like no other in Southeast Asia." The report notes that Malaysia's climate is tropical, with annual southwest (April to October) and northeast (October to February) monsoons. 9. Thailand Thailand is one of the best places to retire in 2026 due to its "vibrant blend of tradition and modernity, offering retirees the opportunity to immerse themselves in a culture renowned for its warmth and hospitality." The report says its tropical climate, with average temperatures between 25°C and 35°C, means year-round sunshine, which is probably enticing for Canadians who dread long winters. "From the bustling cityscapes of Bangkok to tranquil islands like Koh Samui and Phi Phi, there's something for everyone," reads the report. On top of the warm climate, it's less expensive to live a high-quality of life in Thailand compared to Western countries. According to the magazine, retirees report living comfortably on $1,500 to $2,000 per month, depending on location. "Rent for a one-bedroom apartment in Chiang Mai, for example, starts at $400, while in Bangkok, similar accommodations might cost $600. Dining out is incredibly affordable, with meals at local eateries costing just $2 to $5," reads the report. Health care is also high-quality and affordable in Thailand. International Living says routine check-ups cost about $30, and dental cleanings average $40. "Many private hospitals in Bangkok and Chiang Mai are internationally accredited, with English-speaking staff," reads the report. 8. Spain International Living put Spain on the list of the best places to retire in 2026 for its beautiful beaches, mountains, cities, and lifestyle. "Away from the tourist trail and the hordes of holidaymakers, there are incredibly beautiful beaches, calm seas, pretty countryside, and small historic towns just waiting to be explored," reads the report. The magazine highlights the country's "lively, outgoing lifestyle" as a big plus. "In Spain, life is meant to be enjoyed, and hanging out is an art," states the report. Last year, Daily Hive spoke with a Canadian who moved to Spain, who echoed this sentiment, crediting the less stressful work culture. "My life improved in every single way," he said. International Living says this lifestyle all comes at an affordable price, with Spain having one of the lowest costs of living in Europe. 7. France The report says France has all of the ingredients to be a retirement haven. "Good food, good wine, haute couture, a good climate, unspoiled countryside, glittering culture, excellent health care, colourful traditions and history, and, as a bonus, the glamour and sophistication of Paris — arguably the world's most bewitching capital," it reads. If you're concerned about the price to live there, the magazine says it's more affordable than you think, as long as you know where to look. "If good health care, a relaxed lifestyle, and all the modern comforts you enjoy at home are among your top priorities, then France should be on your radar," states International Living. 6. Italy Italy made the list for its history, art, culinary excellence, and lifestyle, prioritizing family and friends. According to the report, the cost of living is surprisingly affordable, especially in smaller towns and rural areas. "A couple can live comfortably on $2,000 to $2,500 per month. Renting a one-bedroom apartment in the countryside can cost as little as $500, while urban centers like Florence or Milan command higher prices, starting at $1,000," it reads. On top of that, the country's health-care system ranks among the best in the world. "Routine visits cost around €25 ($27), and expats can access public health care for a modest annual fee. Many also opt for private care to reduce wait times and gain faster access to specialists. Both options ensure retirees receive excellent medical services," reads the report. 5. Mexico Mexico is already a popular destination for Canadian tourists and expats due to its weather and lower cost of living. International Living says its varied geography gives retirees many options to choose where they want to settle. "Little silver-mining towns where the winding streets seem to head up to the clouds… fishing villages where you can rise at dawn to buy the day's catch fresh from returning fishermen… beach towns where the sound of surf and the tang of salt water linger in the air… and cosmopolitan cities," reads the report. Some Canadians have even reported better health care in Mexico. 4. Portugal The magazine says the main draws to retire in Portugal include its amazing weather, abundance of golf and water sports, delicious fresh food, and the affordable cost of living. "Stacked up against the rest of Western Europe, this expat haven also comes out on top for affordability with a first-world lifestyle," reads the report. The community you'll find in Portugal is also a selling point. International Living says Portuguese people are "some of the most relaxed, family-oriented, helpful, and courteous folks you'll meet anywhere." 3. Costa Rica This tropical country in Central America is the third-best place to retire in 2026 due to its low cost of living, great health care, modern telecom infrastructure, beautiful beaches, rainforests, theatres, art galleries, and fine dining. "This is a middle-income, developing economy, with a tradition of democracy. Tourist facilities are extensive, and because English is a second language for many Costa Ricans, the country feels very visitor-friendly," reads the report. 2. Panama International Living highlights Panama's low cost of living as the main draw for retirees. "You can still take a taxi across town for a few dollars, see the latest blockbuster film for about $6, get a trim at the barbershop for $5… or have a main course and glass of wine at one of the city's innumerable restaurants for $20," reads the report. The magazine says expats cite the country's geographical diversity and its proximity to North America as a major factor in its being a retirement haven. It also offers the Pensionado Program, which provides access to housing to expats with pensions. "Pensioners with residence in Panama — whether foreign or Panamanian — also receive hefty discounts on living expenses," reads the report. 1. Greece International Living named Greece the best place to retire in 2026. "Whether you're a short-term visitor or an aspiring expat, Greece has it all: outstanding year-round weather, affordable accommodation, superb food, friendly locals, and amazing history," states the magazine. According to the report, accommodations are pretty affordable in Greece, especially outside the main tourist regions. Even in Athens, average rents are around 85 per cent cheaper than in New York City, states the magazine. "This country also boasts lively ski resorts, world-class dining, ample wildlife (including wild dolphins, loggerhead turtles, bears, wolves, badgers, and monk seals), and enough forests, lakes, and canyons to keep even the keenest hiker busy for decades," reads the report. "City-lovers will have their hands full too, with ample museums, cafés, and stroll-worthy cobblestoned streets to explore."