Six most affordable retirement havens

The Six Best Overseas Retirement Havens For 2008 - Where To Retire Well On Less Than $1,500 A Month.

Monday, April 21, 2008

The cost of quality retirement living options in the United States has risen well beyond the budget of the average would-be retiree.
The current meltdown in U.S. housing costs doesn´t change this fact. Most Americans are worried they´ll never be able to afford to chase their retirement dreams. The answer is to think outside the box--the box being the United States. This isn´t a new idea, but it´s truer and truer, as ever-increasing numbers of Americans consider leaving the States in search of a quality retirement lifestyle they can afford.

More on this topic

Central America Competes for Baby Boomers

July 2013

Panama, Belize and Nicaragua are competing with Costa Rica and Mexico in trying to attract retirees from the U.S. and Canada.

All of these countries are offering residency packages and tax exemptions at rates similar to those granted by Costa Rica. For example, in Nicaragua there is a law which provides advantages for retirees on items ranging from cars to building materials.

Costa Rica Does Nothing to Attract Foreign Retirees

May 2013

Although the country has all the potential for attracting foreign retired people to be residents, the government effort begun three years ago has not had any continuity.

"There has never been a public institution interested in following through on the effort," laments Massimo Manzi, director of Promed.

Nicaragua Not Consolidated as Retirement Destination

March 2013

Even though it has a Promotion Act for the arrival of 'rentistas' and pensioners, Nicaragua has failed to attract such investment on a large scale.

In Costa Rica, for example, it is a business that is booming, with the main attraction being that it has the fourth most prestigious healthcare system in Latin America.

Paradise for Retirees

July 2009

Low costs, good health care and proximity to the United States make Panama a retiree paradise.

Panama´s growing popularity as a destination for U.S. retirees was analyzed by Business Week´s Michelle Conlin, in an article published in La Estrella de Panamá.

According to the Institute of Migration Policies, a U.S.

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Diving, Fishing, Snorkeling and relaxation resort in southern Belize. Situated on the island of isla South Water Caye the Blue Marlin offers accommodations, meals, all inclusive packages.
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