Envision a Cost-Effective Retirement in These Awesome Locales

Published on 05/15/2020
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Uruguay

For many retirees, Uruguay’s living costs are a great draw-card. A further perk is that this country has the same climate as the USA. People are drawn to Uruguay due to its democracy and modern city frameworks even amongst its well-visited heritage sites. The beaches are very popular and life in Uruguay is relaxed and calm. In the larger cities, $800 a month will secure you a small apartment with every amenity you require to make retired life easy. The low rental will enable you to have enough income left over to take care of the other expenses such as groceries and clothing.

Uruguay

Uruguay

For only $100 per month, you can join the countries more than adequate health care which includes admission to clinics and private facilities. Once you show proof of income exceeding $1 500 a month, you will be issued with a Rentista visa so that you can import duty-free personal items. Have a look at all the options available when it comes to visa choices and choose the one that best suits your finances. As you can surmise, being granted residency in this country is easy but remember there are more extensive rules and requirements for citizenship.

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France

Rather than scouring the whole of France for affordable accommodation, look at the smaller towns first. A small town such as Pau will likely offer more options for lower rental apartments. A single bedroom flat will run in the region of $500 per month. As far as food is concerned, costs can be kept at a minimum in a small town whether you are pricing groceries or the cost of eating out. Another good idea is to look at the university towns such as Montpellier that specifically cater to students and offer lower rentals.

France

France

It is required that you belong to a health insurance plan but this is well worth the cost as France has a superlative health care system in place. A visa can be obtained through the French consulate. The French government needs to see proof of your pension or retirement savings and investments as well as proof that you have applied for acceptance into a health insurance plan. These plans do include travel insurance within France as well which is compulsory. Your visa needs to be renewed annually and the government will need to see up to date financial statements with each renewal application.

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