Our friends at International Living started 35 years ago with a mission to educate people about the possibilities of a life overseas. For much of their history they’ve been publishing a retirement index of the best locations to retire abroad. This annual index measures important categories in each country, such as the cost of Buying or Renting, Entertainment & Amenities, Healthcare, Climate, and Infrastructure, among others, to arrive at a list of recommendations. While this index is focused on retiring abroad, it could just as easily apply for people of any age looking for a change of lifestyle.
We’ve highlighted the top scoring country for each category below.
Buying & Renting
First place: Ecuador (Score of 100/100)
Cuenca, Ecuador. Photo by Jonathan Hood.
This category looks at the affordability of buying or renting a home. Rentals in the colonial city of Cuenca can be found for $500 and in the capital, Quito, you can find apartments for under $1,000.
Second place: Nicaragua (96/100)
Benefits & Discounts
First Place: Panama (100/100)
Panama City, Panama. Photo by Peppo Palomino Aragon.
This category is applicable only to retiring abroad since it considers what discounts retirees are eligible for in each country. In Panama, significant discounts are available on entertainment, electricity, restaurants, airline tickets, and healthcare…but only if you’re on the pensionado visa and getting a pension of at least $1,000 per month.
Second place: Ecuador (99/100 Read more…