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Top 5 Countries Where You Can Retire By the Beach for Less Than $1,500 a Month​

Top 4 Most Popular Islands in Panama for a Tropical Getaway | Choose Panama
After working with lots of effort and saving ardently for retirement, you
may find that you cannot go far. However, you still may stretch your dollar further outside the nation. But it will not mean retiring in a collapsing nation. To help you figure out where you must ponder retiring, we have compiled a list of 5 countries where you can retire by the beach for less than $1500 a month.

1. Costa Rica

People seeking to retire in tropical heaven with no paradise price tag can look at Costa Rica. As per International Living, rents begin at $500 per month in this famous Central Valley and meals at local eateries fall to as
low as $4. No outdoor lover will get bored here. You can enjoy jungle hikes, white water rafting, surfing, horse riding, fishing, and more. You can retire in Costa Rica by applying for a Pensionado Visa, but your monthly pension income will have to be of at least $1000.

2. Ecuador

People seeking unspoiled beaches and leisurely pace must consider Ecuador’s 530-mile stretch of coastline, where you can get enough fresh seafood cost-effectively. Many retired persons start their living in Ecuador and head straight for the water because they have their selection from quiet fishing villages to charming resort towns.

3. Panama

By International Living, Panama topped the Global Retirement Index. To your benefit, the nation makes many moves to allure outsiders. For example, the government won’t tax income earned outside the US, which can be advantageous for you if you want to invest in a retirement plan in America. Moreover, it provides the Friendly Nations Visa and the Pensionado Visa, which needs you to have a monthly pension of at least $1000.

Your living cost relies on lifestyle and the place you want to live in. In Panama, you can ignore basic luxuries to live at just $500. You can run a modest yet standard lifestyle at $1500 also. Panama provides a great balance between living costs and accomplishing an active retirement. Here, you can enjoy golf, biking, zip-lining, and more. The city is a wellness center to involve in Tai Chi, meditation, yoga and more.

4. Cambodia

Cambodia offers little more exotic, picturesque scenery, great food, culture, and cost-effectiveness. In International Living’s yearly Global Retirement Index, it’s demanded the top position in the cost-of-living category 3 years in a row. Here you can have a 1BHK urban apartment for just $250 per month. The country allures many outsiders with its enticing, laid-back coastline.

5. Portugal

Portugal is enriched with culture, beauty, and history yet manages to offer a cost-effective living as per International Living. Those seeking the best-value living in Europe, they should head to this charming country that houses cobbled streets, white-washed houses, and lively cafes and bars.

In Conclusion

You don’t require being a millionaire for enjoying a sun-soaked retirement on the beach. If you are strategic regarding it, you can still live the beach life you have dreamt about.


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