by Burke Speaker | August 30, 2013 11:42 am
Looking to escape the sanctity of the (let’s admit it, very pricey) United States for a global retirement on the cheap?
Looking at location, costs and — of course — safety, MSN Money published its list of best places to retire in the world for about $1,200 a month.
Check out the list and decide where your favorite retirement location would be.
Although Quito is the capital in the far noth, to the south Cuenca is a stunning European-eque city full of art, nightlife and inexpensive housing. Try rent for around $500 per month or a bit more for a luxury location. And no joke, full time household help would just be a few hundred more.
Chiang Mai, Thailand
While ex-pats cannot own land, U.S. retirees come here and are able to purchase very inexpensive (and higher end) apartments and condos. Try life for $400 a month for rent and $100 for groceries. The area boasts mountains, rivers, and an ex-pat community sure to make you feel welcome in your new Asian escape.
With a beach just 15 minutes away, this charming colonial-era city offers a comfortable way of live for about $1,200 to $1,400 according to MSN Money. Rent a high-end home for about $500 a month and indulge in sunny and warm weather, with chillier nights.
Las Tablas, Panama
As a relatively unknown beach town on the Pacific, Las Tablas is one country that actually encourages Americans to settle there. Ex-patriots can buy land and homes. The country is a tax haven — meaning no taxes for even foreigners. Rent a two-bedroom home near the beach for about $350.
With income from abroad tax-free, Malaysia is quickly become a retirement hotspot for foreigners who are looking for a destination that’s cultural, and yet away from the rat race. With accessible transportation and a nearby quality hospital, Penang embraces all that is modern while staying true to its roots. While housing is somewhat more expensive (about $800 a month), this exotic island more than makes up for it in everyday natural beauty and charm.
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