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Best Places to Retire Overseas

1/15 Algarve, Portugal

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Algarve, Portugal has been popping up at the top of a number of best places to retire lists. This picturesque region on the coast of Portugal is rated high thanks to a low cost of living, affordable real estate and its mild climate. Temperatures here are comfortable all year round, generally staying below 80 degrees Fahrenheit even during summer's peak. Foreigners can buy land in this nation, just like any of its citizen can, and chances are good that they'll find a good deal.

Algarve is great for beach bums and golfing enthusiasts, with 35 different courses in the area. Plus, you can easily get by speaking English.