Friday 18 June 2021

5 Best Off-The-Radar Foreign Retirement Spots. Forget Costa Rica.

QCOSTARICA TRAVEL- Looking to retire out of the U.S? A report by The Street says, forget Ecuador. Really forget Costa Rica. As for Italy, sure, if you win the lottery. All these are played out retirement locations – once hot, once affordable but no more.

Where to retire if you want outside the U.S. and you also want to live on your Social Security check- which is what something more than one-third of us will do? Read on for a short list of places that deserve a second look, maybe more. They are affordable. The weather is nice. The politics are (reasonably) stable. Americans are welcome (though you may have to learn at least a little of a foreign tongue).

Expect the unexpected.

- Advertisement -

Such as?

cebuphilippines

1. The Philippines

Steve Repak, a certified financial planner, particularly pointed to a town called Dumaguete City.

“Dumaguete City is known as ‘The City of Gentle People’ because of, you guessed it, its friendly people,” he said. “From New York’s JFK to Dumaguete, Philippines, you can expect to be on an airplane from 25 to 29 hours with at least two stops, but don’t let that long flight scare you, since a couple could retire there on as little as $1,000 a month in U.S. dollars.”

 

attoprimosteak

Uruguay

- Advertisement -

Lain Livingston, who blogs at ExpatKingdom.com, strongly urged retirees to check out Uruguay, a small South American country (3.4 million people) that borders Argentina and Brazil, but, said Livingston, it largely lacks the expensive glitz of either neighbor. Even in the capital, Montevideo, a city center apartment can be rented for perhaps $500 monthly. Go outside the capital – Livingston pointed to a favorite town called Piriapolis – and the cost of living tumbles.

3-santorini

Cyprus

Now for something unexpected – except Cyprus, the third biggest island in the Mediterranean, should not be. That’s because for generations, Brits and some Americans have retired to Greece, where the living is easy and cheap, especially outside Athens, the capital. Now huge uncertainties about Greece’s future- will it be booted out of the euro, out of the European Union, due to years of governmental budgetary mischief – have many foreigners shaking their head in worry.

 

algarve-portugal

Portugal

You wanted something actually on the Continent? Here’s your ticket. Planner Repak particularly plugged the Algarve, a region on the Mediterranean.

“There is always something going on in Algarve, Portugal,” he said. “Known for clean beaches and their nature trails in the Ria Formosa, Monchique and Caldeirao mountains, Algarve is one of the safest and budget friendly places to retire where a couple can live out their retirement years on about $1,500 a month.

 

puerto-vallarta-mexico

Mexico

- Advertisement -

It’s on the rebound, said Livingston. Narcotics wars scared many Americans away – especially retirees – but, said Livingston, “Mexico will have a surge again.”

The location is unbeatable for Americans. Air links are plentiful.

The narco wars seem to have quieted, just as they have in recent years in Colombia, once a warzone, now a tourism hotspot.

- Advertisement -

FACT CHECK:
We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

Q24N
Q24N is an aggregator of news for Latin America. Reports from Mexico to the tip of Chile and Caribbean are sourced for our readers to find all their Latin America news in one place.

Related Articles

Today’s Vehicle Restriction June 18: 9 & 0 CANNOT circulate

Today, Friday, June 18, vehicles with plates ending 9 & 0...

Informants assisted OIJ in corruption investigations, says the minister

QCOSTARICA - The investigation into alleged bribery of public officials in...

MOST READ

Today’s Vehicle Restriction: June 12, “ODDS”

Today, Saturday, June 12, only ODDS can circulate. The measure is countrywide and applied between 5:00 am and 9:00 pm, save for those under the...

The “rebound” effect boosted growth in Costa Rica’s economic activity

QCOSTARICA - Costa Rica's economic activity registered in April 2021 a year-on-year growth of 8.8%, a figure affected by a “base” or “rebound” effect,...

“Caso Cochinilla”: Name arose when comparing parasite with hidden corruption

QCOSTARICA - On Monday, the Organismo de Investigacion Judicial (OIJ) moved to the raid, seize and arrest of their investigation into corruption of public...

Today’s Vehicle Restriction: June 13, “EVENS”

Today, Sunday, June 13, only EVENS can circulate. The measure is countrywide and applied between 5:00 am and 9:00 pm, save for those under the...

Rainy afternoons and nights this week in most of the country

QCOSTARICA - Characteristic of the rainy season, we will see rain in the afternoons and nights in the Central Valley, the entire Pacific coast,...

On Monday the vehicle restriction will change, again

QCOSTARICA - In times of pandemic, things change constantly, especially when it is necessary to tighten the belt to reduce the contagion of covid-19. The...

Southwest adds yet another route to Liberia, now from Denver

QCOSTARICA - Southwest airlines will add a new route to the Daniel Oduber International Airport, in Liberia, this time connecting with the city of...

Your cell phone can now notify you if you had contact with a positive case of covid-19

QCOSTARICA - Fifteen months after the national emergency against covid-19 was declared, Costa Ricans will have a digital platform where you can be notified...

Today’s Vehicle Restriction June 14: 1 & 2 CANNOT circulate

Today, Monday, June 14, vehicles with plates ending 1 & 2 CANNOT circulate The measure is countrywide and applied between 5:00 am and 9:00 pm,...

WANT TO STAY UP TO DATE WITH THE LATEST!

Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.