Retirement Abroad: Norway as a Top Choice
Retirement can be a time for new adventures and enriching cultural experiences, particularly for those opting to move to another country.
The 2025 Global Retirement Index has highlighted Norway as the leading destination for retirees. The analysis evaluated 44 countries across various criteria, such as affordability, healthcare quality, and overall retirement security.
“Norway has reclaimed its top position in the 2025 Natixis Global Retirement Index, thanks to outstanding health outcomes, low unemployment, and significant income equality,” the report noted.
Scandinavian nations generally performed well in multiple areas. Norway ranked first in material well-being, second in quality of life, and fourth in health. Additionally, it is recognized among the top five for air quality, water safety, and sanitation. Norway often lands on lists of the happiest countries globally.
However, the report indicated that retirement finances are one category where Norway slipped, dropping from 12th to 16th place due to a 1% point decrease in its score. This drop is attributed to relatively high tax burdens which support an extensive public assistance system.
While there are numerous advantages to retiring in Norway, it can be challenging for U.S. citizens looking to relocate permanently. Residency permits are granted under specific conditions, like family ties or employment opportunities, according to the Norwegian Embassy.
Earlier this year, Norway was also identified as a prime location for retirement by another report. Analysts highlighted the country’s effective healthcare systems and social infrastructures as significant factors contributing to the well-being of older adults.
In the 2025 Global Retirement Index, Switzerland took the second spot, Iceland was third, and Denmark came in fifth. Interestingly, Australia is the only country outside Europe in the top ten. The U.S. placed 21st.
The report also pointed out five concerns older adults have regarding their retirement security: insufficient savings, inflation rates, potential cuts to retirement benefits, and high long-term healthcare costs.
