Malta came second out of 30 destinations in the annual rankings by the Overseas Retirement Index.
Malta was given an 'A' rating thanks to its climate, location, safety, infrastructure, friendliness, and the fact that English is an official language.
The Algarve in Portugal beat Malta to the top spot.
The study, which has been conducted for more than 30 years, looks at 13 categories, including health care, recreation, entertainment and affordability.
The top 5 best places to retire in 2017
1. Algarve, Portugal
2. Valletta, Malta
3. Mazatlan, Mexico
4. Abruzzo, Italy
5. Saint-Chinian, France
If you are looking to purchase a property in Malta, we have a wide selection of new, character, investment, bargain properties to suit all tastes and budgets. You can view a large selection of Maltese properties from our database on www.ecsmproperty.uk.com