Tag: cheap places to live and retire

Cheap places to retire – Cuba: the Unspoiled Caribbean Isle

Retiring in a country far away the busy urban life has increasingly become a very common and exciting trend among retirees. Various destinations across the globe from North America to the South, and from Europe to Asia have been included in the list of the best countries for retirement. The cost of living, however in those countries have gone higher and higher as years passed by and so retirees now prefer the cheap places to retire, which are mostly newly discovered and underdeveloped tourist destinations.

If you have lived and toiled all your life amidst the skyscrapers in a highly industrial city, you must be yearning to breathe in fresh air by now, to feel the warmth of white sand stretching along the turquoise waters that glitter under the sun, and to behold the soothing sight of palm trees gently swaying with the cool see breeze. You must be dreaming of the Caribbean Islands. These have been long known as best tourist destinations, but what about as cheap places to retire?

The Caribbean Islands’ breathtaking beaches and fascinating scenery welcome a large number of foreigners to go there for a vacation and convince many who are deeply captivated by islands’ beauty to settle there for good. However, since the Caribbean Islands have been discovered as perfect haven for expatriates who long for a laid-back and stress-free life, development soared tremendously, making them tropical versions of major US cities. Hotels, lands and resorts have become over-priced and certainly, they are not too inviting for those who are looking for cheap places to retire.

But there are still some islands that have not lost their pristine beauty and natural charm; among them is Cuba, located 145 km or 90 mi south of Florida Straits of the United States. This largest Caribbean island-state is considered as one of the cheap places to retire as it is stripped of the extravagance, luxury and artificiality brought about by excessive development. Low cost of living must be one of your requirements in looking for cheap places to retire; Cuba surely passes this requirement.

Cuba may be one of the cheap places to retire but it’s definitely not inferior in terms of amenities you would need in your retirement. For your recreation, your choices range from snorkeling to deep-see fishing, scuba diving, cockfighting, gardening and farming. You can feel young and rejuvenated in the city’s famous bars, hotels and restaurants that offer best forms of entertainment.

Havana City, the capital of Cuba takes pride of the best transportation systems in the Caribbean. Major cities in the state are connected by highly developed railroads and highways. Cuba’s sub islands likewise take pride of the best ports.

Also, one of the reasons why Cuba is one of the cheap places to retire is their type of government, which is one-party Communism. All aspects of the state’s national life are being administered by the Communist government. It also oversees major industries in Cuba, including the commodities or products each industry must produce. It favors production of collective goods rather than consumer goods, which gives assurance that all basic needs are met. Although in the recent years, Cuba has fallen short of production goals in several agricultural products.

Education is highly regarded in Cuba, which is manifested by its high literacy rate (94% in 1990)—one of the highest rates in Latin America. The government takes charge of the educational institutions and thus, makes school attendance mandatory among students. Although, admission to schools and universities is affected by the political affiliations, the state offers it for free to all citizens. If you are bringing along with you grandchildren or planning to adopt, bringing them to school is never a problem in Cuba.

Few Americans were able to visit Cuba because the U.S. government has restricted US citizens from going there, but for Europeans, Asians and other Latin American expatriates, this country can be considered as one of the best and the cheap places to retire.

The people in Cuba are quite accommodating and best of all, they are mulattoes (mixed black and white), which probably explains why ethnic or racial discrimination is barely present in this country. Almost all Cubans have Roman Catholic religion and speak Spanish as their main language.

Cheap places to retire

Cheap Places To Retire: Unsung Precious Havens For Retirement

Everyone wants to live a comfortable, worry-free and relaxing life in a place where beauty doesn’t seem to fade. The opportunity is always there; it’s possible. However, before we can reach that point, we have to work hard. It is the hard work itself that make us long for our retirement and thus make it something special and of great value. While many people think of it as purely coming to an old age, many others are anticipating for it and in fact, are planning and saving for it.

More and more Americans and even from other countries are delighted by the idea of living abroad for their retirement. Wonderful places here on Earth are innumerable of course, because every place has that special “something” to offer. But not all provide the best and the cheapest at the same time. Countries such as Cuba, Hungary, Nicaragua, Malaysia, Nova Scotia, Panama, and Costa Rica has the best to offer yet they are considered as cheap places to retire.

What makes these countries cheap places to retire? The primary reasons are the low cost of living and the very affordable basic commodities, means of transportation, lots and housing, and hotel accommodation. Of course, though you may be looking for the cheap places to retire, factors such as the climate, safety or security of the place, accessibility, stable economy, natural resources, scenic places, good number of places of interest, and hospitality of the people count a lot.

Panama appears to be the most ideal among the cheap places to retire. This country offers the most benefits for tourists and retirees settling in the country permanently. It has passed a law, called Law No. 8, which gives incentives such as 20-year exemptions from import duties, fees for construction materials and equipment, and income, real estate, and other taxes. Discounts are given in hotels, recreation centers and other tourist destinations within the country. Also, Panama uses US dollar as a currency, although it is named Balboa. Risks in currency exchange rate are prevented.

Like Panama, other countries in the Caribbean belong to the list of the most beautiful retirement destinations and cheap places to retire. These are Cuba, Nicaragua, and Costa Rica. All these places welcome visitors and retirees alike with their wonderful sceneries, world-class white beaches, lush forests and widely diverse ecosystem. You can enjoy here deep-see fishing, scuba diving, farming, kayaking, snorkeling, hiking and a lot more.

Nicaragua is among the most exciting to explore, aside from being one of the cheap places to retire. You can climb volcanoes like Mt. Concepción and Mt. Maderas or visit Volcano Mombacho Natural Reserve. There are also a lot of unexplored terrains, breathtaking and inspiring rainforests and other exotic places perfect for adventure. Being underdeveloped, these newly discovered destinations are still so affordable.

Another Caribbean country, Costa Rica offers fascinating sceneries. With the dazzling blue waters of the Caribbean Sea and the Pacific Ocean, the swaying palm trees, different kinds of birds flying, volcanoes, lush forests, and rugged mountains on the background, this country is truly an enchanting haven for your retirement. Moreover, Costa Rica is loved by expatriates for its hospitable people, low crime rates, and very affordable commodities.

In Asia, one particular tropical country attracts most number of tourists and retirees, Malaysia. Apart from its famous modern cities such as Kuala Lumpur, Malaysia have the best yet cheap places for retirement. Like the islands in the Caribbean, Malaysia also offers the best sceneries and the most exciting places for adventure.

At the heart of east central Europe, Hungary welcomes visitors and expatriates with its excellent music and arts, rich culture, diverse cuisine, finest wine regions and fascinating natural attractions. Prices here are surprisingly low in spite of its rich European neighbors. People here love pleasurable way of life, so you’d surely love this place.

On the northern part, another haven for retirees awaits you, Nova Scotia, Canada. Nova Scotia, which literally means “New Scotland,” has frequently been included in the list of best retirement destinations because of its natural beauty. But more than that, this second smallest and one of the wealthiest Atlantic provinces of Canada is one of the cheap places to retire. It is said that the per capita income in Nova Scotia is just over $30,000 and you can save the 40% of that without depriving yourself of a comfortable life. Despite advancements, this place remains to be naturally captivating.