Not sure you want to spend your retirement years in the United States? You’re not alone. For many reasons, a growing number of seniors are opting to retire abroad.
Some do it for the lower living costs. Some for more affordable health care. Some want to live somewhere with great weather year round. Whatever the reason, there are plenty of good options of countries you can retire to.
In this article, we’ll look at 4 of the best countries to retire to that seniors are choosing. And look at what makes each so popular. We’ll give you a brief introduction to each so that you can start your research.
Best Countries To Retire To Outside the US
When it comes to living your best retirement life, Panama has a lot to offer. The locals are warm, kind and welcoming. You’ll be surrounded by beautiful beaches and majestic mountains. And the lifestyle in this country is very affordable. It is much less expensive than living in the United States. Plus you can get retirement discounts on virtually everything from airfare to hotel stays and more.
Another great option is the country of Mexico. It ranks high in the International Living’s list for retirement amenities and entertainment. It’s estimated that a retired couple would need about $1900 a month to live comfortably in Mexico. You can get a temporary resident visa that’s good up to four years if you meet the minimum monthly income. The minimum monthly income is $1400 for an individual.
Thailand is one of the most beautiful countries in Southeast Asia. It provides cultural diversity, astonishing climates, beautiful beach resorts, magnificent cool highland hills, and sophisticated cities. The lifestyle here is also quite affordable. In fact, you can have luxury accommodation for a fraction of what it costs in the United States.
The rentals can cost as low as $400 per month and the utility bills are cheaper. The weather is humid throughout the year so it is perfect for those who love the warm summers.
The beautiful country of Ecuador offers so much for everyone. It has beautiful beaches for those who prefer to bask in the sun, magnificent mountains for those who prefer the adventurous lifestyle. The cities and countrysides are equally beautiful, and the climate is just perfect. The lifestyle is 40% lower and rental prices are 70% lower compared to the United States which will save you a lot of money.