9 Countries Where Americans Are Quietly Retiring Abroad
Discover 9 top countries where Americans retire quietly overseas, including visa requirements, healthcare insights, and financial planning tips.
By George
Using the United States Dollar as official currency eliminates foreign exchange risk while keeping daily expenses affordable for retirees in Ecuador.
8. Ecuador
Ecuador uses the United States Dollar as official currency, eliminating foreign exchange risk for American expats. The Jubilado Visa requires proof of a lifetime pension from Social Security or a private employer. Ecuador features diverse climates, from mountain cities like Cuenca to coastal towns. High-quality private healthcare, low rental rates, and affordable daily expenses make Ecuador exceptional for retirees on fixed budgets.
Dennis,
I am also retired military and in 2015, I relocated to Colombia. I would still live there if it were not for one concern. If you plan to purchase medical insurance from a reputable insurance company, you may be in for an eye-opener. I cannot comment on what is available in other countries, but in Colombia, many companies will not take new customers older than 59. Those companies that offer insurance will charge you such high rates that you may reconsider the move there.
I suggest doing research into which are the best hospitals in the city of your choice and which medical insurance policies are the recommended ones.
Philippines bought a condo there for 50k mortgage pnly 500.00 a month , eating well 300.00 a month electric 50.00 , high speed internet 55.00 water 13.00 a month with income of 5k a month u live like a king Here
Not sure where you live in the Philippines but I live like a king on just my ssi check. Nice place off the beach 200 yards. electric is $80 internet $50 and rent is $200 and water $20. since you can not buy property in the Philippines unless you are married to a Filipina. And it has to be in her or his name.
I am retired usa military, will my health care be ok abroad. I am 77 and concerned about my health care down the road.
I have 2 small dogs will l be able to take them with me if I decide to live abroad for part of the year?
Dennis,
I am also retired military and in 2015, I relocated to Colombia. I would still live there if it were not for one concern. If you plan to purchase medical insurance from a reputable insurance company, you may be in for an eye-opener. I cannot comment on what is available in other countries, but in Colombia, many companies will not take new customers older than 59. Those companies that offer insurance will charge you such high rates that you may reconsider the move there.
I suggest doing research into which are the best hospitals in the city of your choice and which medical insurance policies are the recommended ones.
Philippines bought a condo there for 50k mortgage pnly 500.00 a month , eating well 300.00 a month electric 50.00 , high speed internet 55.00 water 13.00 a month with income of 5k a month u live like a king Here
Not sure where you live in the Philippines but I live like a king on just my ssi check. Nice place off the beach 200 yards. electric is $80 internet $50 and rent is $200 and water $20. since you can not buy property in the Philippines unless you are married to a Filipina. And it has to be in her or his name.
What about the dangers. Is it safe?