12 Amazing Places to Retire Abroad in 2016
Panama's most popular Pacific coast beaches are known as the City Beaches, due to their proximity to Panama City. There’s no currency-exchange risk in Panama since the country uses the U.S. dollar. The country also offers gold-standard medical care at affordable prices. Its residency program is also top-notch, according to Live and Invest Overseas, which looked at cost of living, cost of real estate, weather, quality of health care and overall amenities for its ranking of top retirement spots overseas.
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A couple could retire in Pau, located in the Basque region, for as little as $2,000 a month. Retirees also have access to the world’s best health care in France, according to the World Health Organization.
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Great weather, low cost of living and high-quality health care are very attractive to retiring expats. The city also offers modern infrastructure and Western amenities. The country provides several visa options for residency.
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A Spanish colonial home can be yours in this city—which has a sizeable expat community—for $40,000. American expats can live on $1,200 a month and retirees qualify for its residency visa program with $600 a month income, one of the most affordable programs in the world.
Wikipedia - Carlos Adampol
One of Europe’s best bargains, an American couple could retire here for $1,800 a month, including rent, given the current euro-dollar exchange rate. The region offers pristine beaches and outstanding skiing on the Apennine slopes.
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Home to 40,000 expats and foreign retirees, Puerto Vallarta offers the ideal coastal lifestyle with top-notch golf courses, marinas, restaurants and shopping but on an average budget.
Wikipedia - Stan Shebs
Retiring couples can live on just Social Security in this affordable country, or about $1,200 a month in Las Terrenas. Real estate also is within reach: $100,000 for an apartment, $200,000 for a townhouse and $250,000 for a private villa. Additionally, residency requirements here are easy.
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The cost of living in this city, along with its real estate prices, is among the lowest in the Americas. The weather is also temperate. But its infrastructure isn’t as good as others on the list.
Wikipedia - Micah & Erin
The low cost of living is a huge plus in this city, capital of the state of Penang, which has a growing foreign community. American expats can eat well on just $3 a day and enjoy various cultural and outdoor sites.
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Affordability is what makes this city stand out. Thanks to the exchange rate between the peso and dollar, the low cost of living and real estate makes luxury living possible for many expat retirees.
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A sunny country on the Caribbean, Belize is very easy to establish foreign residency and serves as a banking and a tax haven. Another bonus: English is the country’s official language. While the cost of living is affordable in this developing country, you will have to pay more for modern amenities that may have to be imported at a cost.
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This city’s low cost of living, low real estate prices, mild weather, established expat community and simple and affordable retiree residency program put it at the top of the list for the third straight year. Home to 100,000 foreign resident retirees, Algarve is easy to navigate for English speakers due to the region’s cultural links to England.
Wikipedia - Bengt Nyman