Envision a Cost-Effective Retirement in These Awesome Locales

Published on 05/15/2020
ADVERTISEMENT

Panama

If you dream of living out your retirement in a place enchantment and elegance, Panama needs to be your first port of call. Monthly rental needs to be budgeted for at around $1 000. You can look forward to paying only $50 for a sumptuous meal out and not having to learn another language, as English is spoken throughout Panama.

Panama

Panama

This country has a retirement program which is one of the main reasons you should be considering living out your days in this idyllic location. Even better still is that there is no minimum income level, so comfortable retirement is available to all. Your visa will not be difficult to get and the retirement program offers great discounts and benefits that will help make your withdrawal benefits last even longer.

ADVERTISEMENT

Mexico

The place for young at heart retirees! If a great nightlife, tequila, and watching the sunrise are for you, Mexico is the place to find your retirement mecca – and you will not be the only one believe me! At only $200 per month, you will easily find your ideal home, and Mexico will make you feel right at home with many American brands and stores on your doorstep. When in Mexico, your health insurance is still active and valid.

Mexico

Mexico

You could also join a health-care plan in Mexico if you were not covered in the USA. A temporary visa is probably the best option so that you can travel between Mexico and the USA with ease. Applying for permanent residency in Mexico is not a problem so long as you can prove a retirement income of more than $23 500 a year. As you can see these requirements are the same as for people just traveling to and from Mexico and the USA.

ADVERTISEMENT