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Top 7 affordable retirement destinations in Africa

Underrated Destinations to Visit in Africa
Sun, Dec 3, 2023

In the midst of evolving global trends in exploration and cost-effective living, a growing number of international individuals are finding themselves attracted to the African continent. The influx of foreigners has been so significant that from 2020 to 2022, over 3,000 foreign nationals have reportedly sought a South African Retired Visa.

Africa as a whole offers a plethora of affordable and culturally vibrant retirement options, with countries like Algeria, Kenya, Ghana, and Morocco standing out. These African destinations not only boast affordability and cultural richness but are also emerging as some of the most accessible choices for retirees. They provide the perfect balance between amenities and affordability, making them increasingly favored by those seeking an ideal retirement experience. Here are 7 retirement destinations in Africa.

Durban, South Africa

Durban emerges as the ideal destination for retirees aiming to maximize their retirement savings while indulging in a beachfront lifestyle. Thanks to its tropical climate, Durban experiences consistently warm temperatures throughout the year. Retirees can take comfort in the presence of well-established healthcare facilities, some of which are globally recognized for their excellence. With a significant English-speaking expat community, courtesy of South Africa’s appeal to European expats, Durban ensures a familiar environment for retirees. The average monthly cost of living for an individual retiree here is $1,430.

South Africa is often considered an affordable retirement destination
South Africa is renowned for its diverse wildlife.

Asmara, Eritrea

Asmara, the capital city of Eritrea, stands out not only as one of Africa’s top retirement destinations but also as one of the safest cities globally. With its well-preserved Italian colonial architecture and abundance of sidewalk cafes, Asmara bears a striking resemblance to southern Italy. It is particularly well-suited for seniors who appreciate Italian cuisine and seek a leisurely, unhurried pace of life. The average monthly cost of living for an individual expat retiree is $1,180, with $525 allocated to rent.
Read also: Discover the most expensive cities to live in Africa in 2023

Visitors and retirees can explore local markets, museums, and theaters to experience Eritrean culture.
Asmara is one of the safest cities in Africa.

Accra, Ghana

Accra, the capital of Ghana, is a sought-after destination for expat retirees, known for its amiable locals, lively culture, and budget-friendly lifestyle. Retirees can relish ample sunshine in the city, complemented by a refreshing coastal breeze. Popular seaside spots like Labadi and Kokrobite Beach offer opportunities to soak up the sun and engage in water sports. Accra boasts numerous natural attractions, a thriving expatriate community, and robust healthcare facilities. For an individual retiree, the average monthly cost of living is expected to be under $1,000.

Accra is an affordable retirement destination in Africa
Accra has a growing expatriate community

Casablanca, Morocco

Choosing Casablanca, Morocco, as a retirement destination for Americans can prove to be a delightful experience, given the city’s affordable cost of living, cultural vibrancy, and reliable healthcare infrastructure. The coastal beaches provide additional avenues for relaxation, complemented by the Mediterranean climate that adds to the overall appeal. For an individual retiree, the average monthly cost of living in Casablanca is $1,317, with $535 dedicated to rent.
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Casablanca, Morocco is an affordable retirement destination in Africa
Casablanca is the economic and business hub of Morocco.

Nairobi, Kenya

Nairobi in Kenya stands out as an ideal East African retreat for retirees. The capital offers seniors a warm climate, an engaging lifestyle, and abundant natural landscapes and wildlife reserves. With reputable healthcare facilities, English as the official language, and a flourishing expatriate community, Nairobi ensures a comfortable and familiar environment. The average monthly cost of living for an individual retiree in Nairobi is $910, with $298 allocated to rent.

Nairobi, Kenya is an affordable retirement destination in Africa
Nairobi has a thriving entrepreneurial scene, with a growing number of startups and innovation hubs

Victoria, Seychelles

Situated on Mahé Island, Victoria in Seychelles emerges as the premier destination for affluent retirees seeking tranquility amid pristine beaches and lush tropical landscapes. This capital city has garnered the admiration of numerous expats, resulting in an uptick in its cost of living. To retire luxuriously in Victoria, Nomads List indicates that the monthly cost of living for an individual retiree is $4,610, with $3,837 designated for rent.
Read also: Find out which African countries provide the best quality of life

Victoria, Seychelles is an affordable retirement destination in Africa
Victoria is home to various religious sites, including churches, mosques, Hindu temples, and a Buddhist temple.

Windhoek, Namibia

Windhoek, with its vibrant expat community, secure environment, and delightful climate, stands out as one of the prime retirement destinations for expatriates. Retirees in Windhoek can relish a culturally rich experience and benefit from well-established healthcare facilities. They can also explore numerous outdoor activities such as safaris, wildlife observation, and hiking. On average, the monthly cost of living for an individual retiree is $1,045, with $312 allocated to rent.

Windhoek serves as a major hub for economic activities in Namibia
Windhoek is the capital and largest city of Namibia