Tag: cheap place to retire

Morocco – A Cheap Place To Retire To

Some people consider Morocco to be a good cheap country to retire to. Many people speak French and/or English, and there are a lot of tourists so you can get many of the things you are used to as a Westerner. The weather can be quite nice, and varies throughout the country so you can choose an area with weather that suits you, whether it is more in the mountains so that you have a real winter, or further south where the weather stays warmer.

Fishing. Bin el Ouidane lake (Azilal, High Atl...Image via Wikipedia

One thing to consider if you decide to use Morocco as your cheap place to retire to is medical care. Many of the small towns and rural area do not have much in the way of health care, so you should stick close to the major cities. Living in the cities themselves you will have to deal with more crowding and pollution, as well as more tourists, so you have to balance that against the nearness of a good hospital in case something should go wrong. You also want to make sure to have good health insurance.

Because of the fact that Morocco is so close to Europe it is very accessible. For this reason you will meet many people from all over Europe if you decide to live there. This also means that many Western goods are very easy to acquire and readily available, especially in the cities.

The cost of living is low in Morocco as well. Since you can easily live on about $300 per month, it is definitely a cheap country to retire to. You can find unfurnished apartments for only about $40 per month. Food and clothing are also very inexpensive. This means that your retirement dollars can really be stretched. Keep in mind that if you live in a very rural area you won’t have as much to do. You don’t want to be stuck with just the TV to keep you occupied. This isn’t as much of a problem if you like hiking and don’t need all sorts of stores and scheduled activities.

There are also lots of wonderful scenic and historic places that you can visit. You won’t need to just stay in the town where you are living all the time. If you should want a break from Morocco it is simple and inexpensive to travel to many companies of Europe for a short visit.

The Benefits of Living in Venezuela – A Cheap Country to Retire

There are many people who would like to move to another country upon retirement, but selecting the best place to live is often a difficult choice.  While you may be able to locate several places that offer the same standard of living at a much cheaper rate, there may be other factors that weigh heavily on your decision.  You will want to take a look at the cost of living within the country as well as the weather conditions, prior to deciding to move upon retirement.  Although there are many choices, one of the top places to move is Venezuela, a cheap country to retire.

Puerto Cruz beach in Isla MargaritaImage via Wikipedia

When taking a look at the overall cost of living within the country of Venezuela, it is found that it is about 50% of the cost of living in the New York City area.  Many factors go into this cost, including the price of food, the cost of housing, and transportation.  While the price of food and the selection within the supermarkets are about the same as within the United States, the cost of housing is about 60% less than it is in New York City.  Transportation is generally much less expensive as the cost of a liter of fuel remains at $0.12 in this oil-rich country.  Although the price of a car is often much more expensive than it is in the United States, the minimal amount of required insurance is often very cheap.

Venezuela is often considered a cheap place to retire because it is a poor country with the average monthly salary being at $800.  Many Americans who have moved to this country have found that they can make a substantial amount of income by owning their own business.  The taxes on the income for non-residents, however, is very high at a flat rate of 34%.  Health care may also be a factor in the consideration of retiring to Venezuela.  There are many private hospitals and doctors that are reasonably priced, but it is best to stay away from the public hospitals that are considered to be unacceptable by most foreigners.

Many of those who are considering Venezuela are enticed by the excellent weather conditions.  Within Margarita Island, the most popular region of Venezuela, the temperature does not stray far from 80 degrees year round.  With little precipitation and low humidity, the country is far enough away from the hurricane zone to make it an enjoyable place to live.  Since Americans are welcomed by both the government and many of the people because of the economic improvements they often bring along, this can be an excellent place to live upon retirement.