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.
#5: Middle Earth
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.
#4: Thailand’s Hidden Gem
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.
#3: Latin American Colonial Life
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.
#2: Beach Town Life
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.
#1: International Life in Asia
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.