This Italian island will pay your rent if you relocate to a tiny mountainous village – Fortune

Is Italy a good place to retire? For many, the answer is a resounding yes. Known for its rich history, stunning landscapes, and world-renowned cuisine, Italy has long been a dream destination for retirees. But beyond the romantic allure of the country, it’s also recognised as one of the best places to retire in the world, offering a fulfilling and affordable lifestyle. 

Whether you’re wondering where to retire in Italy or seeking the cheapest place to live in Italy for retirees, you’ll find plenty of options to match your needs. From picturesque Tuscan villages to sun-kissed coastal towns, we explore the best places to retire in Italy, uncovering unique regions and offering key insights into what makes retiring in Italy such an attractive choice for expats. These are the best places to retire in Italy in 2025.

Where is the best place to retire in Italy?

Choosing the perfect retirement destination in Italy is a deeply personal decision, influenced by individual preferences, lifestyle priorities, and budget considerations. Whether you’re drawn to the cultural riches of Tuscany, the coastal allure of Liguria, or the rustic charm of Apulia, Italy offers a wealth of options for retirees seeking to embark on a new chapter in one of the most captivating countries in the world. What is the best part of Italy to retire in? These are our recommendations:

Sicily

Sicily is a great retirement region for pensioners who are retiring on a tighter budget in 2025. This island region in the south of Italy has something for everyone: as well as having some of the lowest living costs in Italy, this stunning region is also home to world-famous gastronomy, beautiful beaches and a relaxed lifestyle.

Sicily is also home to some of Italy’s most pleasant weather which also makes it one of the best places to retire in Italy, where winters are generally mild with the odd rainy day, while summers are hot. The climate in spring and autumn is warm and sunny, and widely regarded as “ideal” by those who already live in the area.  

Apulia

Apulia is home to a number of coastal towns and cities such as Monopoli, Brindisi and the regional capital of Bari, as well as a beautiful coastline which is dotted with smaller towns and villages, each with its own beauty and charm. The local Apulian people stand out as some of the friendliest and most welcoming in Italy, and are said to be especially patient and helpful with those who do not speak Italian. This is something that greatly helps pensioners that move to the area and is helping the area to have a growing expat and retiree community.  

Apulia often escapes the radar of tourists and precisely for this reason, the area is increasingly popular with pensioners as retirees in the region can expect a tranquil experience, although this also means that there is a smaller expat community. Known for its fresh, local cuisine, pensioners who choose Apulia are also in for a delicious lifestyle, and addition to the gastronomy, the cost of living is also lower than other Italian regions.

Abruzzo

Stunning mountains, beautiful scenery, great food and friendly locals are the things that stand out in the Italian region of Abruzzo. Like Apulia, the region doesn’t attract as many tourists as other areas of Italy and has something for everyone: charming cities and beaches, as well as spectacular countryside, all just a short distance from the Apennine Mountains.

The expat community is also smaller, making this the perfect region for those pensioners who want a truly authentic retirement experience in Italy.

Tuscany

If your retirement plan involves sipping local wine, then Tuscany is the perfect region for you. Expats who have already moved to this part of Italy are in love with its rolling green landscape, extensive vineyards and unbeatable chianti wine.

The capital of this region is the well known city of Florence, another location which is rich in history, as well as boasting a thriving expat community. And that’s certainly not all: the region also has popular beaches, providing pensioners retiring in Italy with an idyllic combination of culture, wine and natural beauty.

Lazio

Lazio, the region which is home to Italy’s capital city Rome, couldn’t be left off the list of the best places to retire in Italy. This region, and the capital, are especially popular with retirees who prioritise healthcare and a large expat community, with a wide range of private and public hospitals to choose from, as well as an extensive English-speaking community.

The capital is also home to one of the highest costs of living in Italy; buying and renting property is generally more expensive compared to the rest of the country, for example. Expats who are after a livelier retirement, however, recommend the region which is also steeped in history and culture.

Lombardy

For those after a luxurious retirement full of relaxation and cultural opportunities, then Lombardy, home to the fashionable city of Milan, could be the perfect destination for you. Expats who have moved to Lombardy rave about the lively cultural scene, the rich history and architectural delights on offer, and of course the wide range of luxury shops to choose from in Milan, not to mention the spectacular areas of natural beauty close by, such as Lake Como.

Along with Lazio, the Lombardy region is also known for its more expensive cost of living, with property prices on the rise.

Liguria

For retirees drawn to the sea, Liguria offers a perfect blend of coastal beauty and Mediterranean charm. The picturesque towns of Portofino, Cinque Terre, and Santa Margherita Ligure boast colourful facades, crystal-clear waters, and fresh seafood delicacies. With a mild climate year-round, retirees can enjoy leisurely walks along the seaside promenades, explore scenic hiking trails, and soak up the region’s laid-back atmosphere.

The cost of living and house prices in Liguria can vary depending on factors such as location, property type, and proximity to amenities and the coast. Generally, Liguria is considered to have a moderate to high cost of living compared to other regions in Italy, primarily due to its popularity among tourists and expats, as well as its desirable coastal lifestyle.

The cheapest place to live in Italy for retirees

Retiring in Italy on a budget is feasible, with several regions offering affordable living options. Regions like Abruzzo, Calabria, and Sicily provide picturesque landscapes, rich cultural heritage, and lower living expenses compared to more touristy areas. These regions boast charming villages, beautiful beaches, and delicious cuisine, allowing retirees to enjoy a comfortable lifestyle without breaking the bank. Additionally, Molise offers tranquillity and affordability, with many cheap places to retire, making it an ideal destination for those seeking a peaceful retirement away from the crowds.

For even greater affordability, retirees can explore smaller towns and rural areas within popular regions like Tuscany or Umbria. Embracing the slower pace of life in these areas while taking advantage of local markets for fresh produce and goods can further stretch the retirement budget. With careful planning and research, retirees can find affordable and fulfilling retirement options in Italy, whether they’re drawn to the rolling hills of Abruzzo, the sandy beaches of Apulia, or the historic charm of Sicily.

Retiring in Italy pros and cons

What is the downside of retiring to iItaly? Retiring in Italy offers numerous pros and cons, which should be carefully considered before making a decision:

Pros of retiring in Italy:

1. Culture and Lifestyle: Rich cultural heritage, vibrant lifestyle, and delicious cuisine.
2. Scenic Beauty: Breathtaking landscapes for outdoor activities and relaxation.
3. Healthcare: Quality medical care at a fraction of the cost compared to some countries.
4. Cultural Experiences: Endless opportunities for concerts, festivals, and wine tasting.
5. Community and Social Life: Warm hospitality and meaningful connections with locals and expatriates.

Cons of retiring in Italy:

1. Bureaucracy: Dealing with Italian bureaucracy can be challenging.
2. Cost of Living: Certain regions can be expensive; careful budgeting required.
3. Language Barrier: Communication challenges, especially in rural areas.
4. Infrastructure: Occasionally inconsistent, especially in rural areas.
5. Climate: Variable weather, with hot summers and colder winters.

Overall, retiring in Italy offers a unique blend of culture, scenery, and lifestyle, but it’s essential for retirees to weigh the pros and cons carefully and plan accordingly to ensure a fulfilling and enjoyable retirement experience.

Is it cheaper to retire in Spain or Italy?

In general, Spain is often cheaper than Italy for retirees, particularly when it comes to housing and everyday living expenses. Spanish regions like Valencia, Granada, and the Costa del Sol offer affordable housing options, especially in smaller towns or rural areas. Spain’s cost of living is typically lower overall, with cheaper utilities, transportation, and dining. Meals in local restaurants tend to be more affordable compared to Italy, and the public healthcare system in Spain is excellent and affordable, though some retirees may need private health insurance.

While Italy can also be affordable in certain regions, like Sicily, Puglia, or Abruzzo, larger cities such as Rome, Milan, and Florence can be quite expensive, especially for housing and utilities. Dining and groceries are typically pricier in these cities, particularly in tourist-heavy areas. That said, Italy’s healthcare system is highly regarded and affordable for residents, though private health insurance costs can be higher than in Spain. Overall, Spain generally offers a more budget-friendly option for retirees, but Italy can also provide affordable living in specific regions if you’re willing to live outside major cities. Find out more about retiring in Spain. 

What you need to know if you want to retire to Italy in 2025

How to retire in Italy as a foreigner: retiring in Italy in 2025 is a fairly straightforward process if you are an EU citizen, making the country a particularly attractive option for pensioners. If you are a citizen from outside the European Union, including the UK now that Brexit has already happened, then the process is more complicated but by no means impossible: you will require an entry visa to retire in Italy, a process that will have to be undertaken at the Italian Embassy in your home country before moving.

As part of this process, you will also have to be able to demonstrate that you have sufficient income to fund your basic living costs. If you are planning to retire in Italy, whether you’re from the EU or beyond, there are several important aspects you must consider such as the retirement residency law, healthcare, tax information and visas. For all the information, check out our guide on retiring in Italy for expats.

Can I still retire to Italy after Brexit?

Yes, you can still retire to Italy after Brexit, but there are a few additional steps and requirements to consider. Since the UK is no longer part of the European Union, British citizens no longer have automatic rights to live, work, or retire in Italy. However, retirees can still move to Italy by applying for a visa, typically the Elective Residency Visa, which is designed for non-EU nationals looking to retire to Italy.

Here are some key points to keep in mind:

1. Elective Residency Visa: This visa is the most common route for retirees and requires proof of sufficient income or savings to support yourself without relying on Italian public funds. The amount varies, but you generally need to demonstrate an annual income of at least €31,000, with additional funds for any dependents.
2. Health Insurance: You will need to show that you have comprehensive health insurance coverage. Once you settle in Italy, you may also be able to access the public healthcare system (Servizio Sanitario Nazionale or SSN) by registering.
3. Residence Permit: After arriving in Italy with the Elective Residency Visa, you will need to apply for a residence permit (permesso di soggiorno) within eight days of your arrival.
4. Long-Term Stay: If you plan to stay long-term, you can apply for Italian citizenship after residing in Italy for at least 10 years, although many retirees opt for the long-term resident permit (Permesso di soggiorno di lungo periodo).

While Brexit has introduced these additional steps, Italy remains a popular and accessible destination for British retirees, thanks to its high quality of life, affordable cost of living in some areas, and welcoming atmosphere.

How to retire in Italy as an American

To retire in Italy as an American, you’ll need to apply for the Elective Residency Visa, which requires proof of sufficient income, typically at least €31,000 per year. This income can come from pensions, savings, or investments, and you must demonstrate that you can support yourself without relying on Italy’s public welfare system. In addition to financial proof, you’ll need to provide health insurance coverage, a clean criminal record, and accommodation details. Once your visa is approved, you’ll enter Italy and apply for a Permesso di Soggiorno (residence permit) within eight days, and register with the Anagrafe (local registry office) to establish your residency.

After securing your residency, you can access Italy’s public healthcare system, Servizio Sanitario Nazionale (SSN), or continue with private health insurance. While living in Italy, you must still file taxes in the U.S., though there is a tax treaty between the two countries to avoid double taxation. Once you’ve lived in Italy for five years, you may apply for long-term residency, and after ten years, you can apply for Italian citizenship. Popular retirement destinations include Tuscany, Sicily, and Puglia, each offering unique advantages like scenic landscapes and affordable living.