12. Cuenca, Ecuador
In Ecuador, the official currency is the US dollar. Ecuador’s inflation is very low and this allows the dollar to go much further. Many retirees have looked to Ecuador as a great place to get a good return from a small retirement pension. Rent tends to be low (between $300 and $600.) Again, the cost of health care is much less than in the United States.
Retirees get amazing discounts off of a variety of expenses and getting a residency Visa is not difficult. Cuenca is another beautiful city in this history-rich country. While not on the beach, it’s not too far from water if that’s something that interests you. Like other Central American countries, Ecuador gives the opportunity to get a lot of living out of a small amount of money. Just $1,500 can go a long way to living the high life in this beautiful and enchanting city.
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