These Are The Greatest Places In The World For Expats To Retire

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Many seniors opt to retire abroad because they seek a more adventurous and/or affordable lifestyle. There are many places expats can relocate to that offer both beautiful landscapes and a lower cost of living. Some countries are more expensive than others, but they offer exotic cuisine, once-in-a-lifetime travel opportunities, friendly neighbors, and other perks…

 

One foodie heaven in Europe can be surprisingly affordable, if you know how to do it!

Canada Is An Affordable Alternative To The United States

CanadaIs An Affordable Alternative To The United States

Retirees who want to live in an English-speaking country similar to the United States should head to Canada. Americans who become permanent residents have access to universal health care, which, although not perfect, is a great alternative to the expensive options in the United States. Prescription drugs are also considerably cheaper.

While major cities have pricey housing, affordable options are available in areas such as Vancouver Island and Prince Edward Island (oceanfront homes can cost as little as $115,000). A stable banking system and Canada’s proximity to the United States also make our neighbor to the north a desirable place to retire.

The U.S. Dollar Is Strong In Ecuador, Which Features Stunning Landscapes

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Retirees on a budget can live well in Ecuador because the U.S. dollar is strong in the South American country, which features Spanish structures, the Amazon, the Andes mountains, and the Galapagos Islands. The U.S. dollar is the official currency and it goes so far there that many retirees can even afford a maid service or a vacation home.

Seniors enjoy discounts on public transportation, utilities, and entertainment, and expats are not required to pay taxes on social security income. Public health care is available, and it’s possible to live in the country for anywhere between $12,000 and $24,000 a year.

Germany Isn’t One Of The Cheapest Options, But It’s Modern & Culturally Diverse

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In a nutshell, Germany has great health care, diverse recreational activities, first-world advantages, and exciting cultural events for expats. According to the New York Times, it’s the fourth choice for Americans who want to retire abroad. Many choose the European country due to its high purchasing power and safe environment.

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