Tag: cheap places

Cheap places to retire – Panama: Cheapest Place to Retire In Central America

For many years now, Panama has been consistently included in the list of best places for retirement. There is no question about this since it is strategically located in Central America bordering both the beautiful Caribbean Sea and the breathtaking Pacific Ocean. Panama boasts of having the finest beaches and many other scenic places that attract not only tourists but retirees as well. But now Panama is being promoted not only as one of the finest retirement havens but one of the cheap places to retire.

Because of Panama’s geography, its economy mostly relies on tourism and commerce. Tourism, especially, plays a big role in keeping this country afloat despite political turmoils. As a way of further improving its tourism industry, Panama offers very affordable vacation packages and now, retirement deals for those who want to live here for good, especially the middle class who want the cheap places to retire, more than anything else.

The most affordable beachfront lots are in Panama-and this is no ordinary beachfront. These are what you see on most travel magazines-or even better. If you love the warm tropical climate and want to see powdery-white beaches stretching along dazzling blue waters of the Caribbean or Pacific, mystical coves, bright-colored fishing boats and flowers, a lot of greeneries, several species of birds and many other exciting sights, come to Panama. Aside from being one of the cheap places to retire, it has the loveliest sights you have always longed to behold.

One world-class city in Panama is Boho-chic Casco Viejo, considered as the oldest European settlement in the Pacific Coast. Here the local government strongly promotes the place as one of the cheap places to retire and world-class tourist destination by giving tax exceptions and other deals to visitors, investors and immigrants who want to settle here permanently. Houses and buildings are offered in very low prices to encourage foreigners help the local government preserve or renovate old and historic places.

However as one of the most sophisticated cities of Panama, you can find here a very finely equipped two-bedroom condo unit with an inspiring view of the city skyline at about $141,000. This already cheap compared to other top tourist destinations in major U.S. Cities as well as in Europe, though.

If you want a less chic and urbanized way of life, you can go away from the city and find very cheap lots that sell for only about $20,000. Bocas del Toro has these very affordable lots, making it one of the cheap places to retire. This place is not yet fully developed, that is why almost everything here is offered at very low cost; however, this doesn’t mean that it’s not worth seeing. Wherever you go in Panama, you are assured to find pleasure in seeing most picturesque places on Earth.

Also a lot of pensioners and retirees consider Panama as one of the cheap places to retire because the government offers a lot of discounts on basic commodities from food, to transportation and medication. Even movies, theaters, concerts and sporting events have discounts. Form Monday through Thursday, for example, tourists can enjoy 50 % discounts in some hotels and from Friday through Sunday, you can enjoy 30% discount. If you happen to be hospitalized, don’t worry, because Panama offers 15% discounts for tourists. Loan homes are also provided, making Panama indeed one of the cheap places to retire in the world.

Panama passed Law No. 8 of June 14, 1994-the most modern and comprehensive law for the promotion of tourism investment in Latin America and the Caribbean. Law 8 offers incentives such as 20-year exemptions from import duties, fees for construction materials and equipment, and income, real estate, and other taxes. This certainly attracts thousands of tourists and retirees who are looking not only for beautiful places to visit but most especially, for cheap places to retire.

Furthermore, what makes Panama one of the cheap places to retire is it uses U.S dollar as its legal tender. Panama has been using this as their currency since 1904; however, they call it Balboa for nationalistic reasons. Because of this, currency exchange risks is prevented. Also, this makes Panama’s economy one of the healthiest in Latin America.

But even if you are not looking for cheap places to retire, Panama has a lot to offer-things that even surpass your standards of a top tourist destination and excellent retirement destination. The tropical weather is perfect, economy is very progressive and stable, banking laws are very favorable, and geography is diverse. Whether you are looking for the cheap places to retire or the best place for retirement, Panama confidently passes world-class standards and of course, your own.

Cheap places to retire – Nova Scotia, Canada: A Heaven On Earth

Here’s a hint: imagine yourself somewhere in the American East Coast one hundred years ago, that’s how it feels to be in this special province of Nova Scotia.

Nova Scotia, which literally means “New Scotland,” has frequently emerged in the list of best places for retirement because of its natural wonders. But more than that, this second smallest and one of the wealthiest Atlantic provinces of Canada is one of the cheap places to retire.

The province is on east of Maine and is only about two hours from New York or Boston. It’s very accessible that’s why most Americans and other tourists opt to go to this beautiful peninsula. Its mainland is connected to North America by the Isthmus of Chignecto and is surrounded by several bays and rivers. On the eastern and southern part of Nova Scotia is the Atlantic Ocean.

It is said that no part in Nova Scotia is farther than 56 km from the sea, so for those who love fresh and cool Atlantic air and the sight of the ocean, Nova Scotia is truly a wondrous place where you can spend your retirement. What’s greater is that cost of living in Nova Scotia remained low in spite its being a wealthy province.

The per capita income in Nova Scotia is just over $30,000 and you can save the 40% of that without being too thrifty. Going here means a lot of savings but definitely, a lot of fun too. It’s an affordable getaway for thousands of tourists from across the globe—why not a perfect haven for expatriates? Apart from being one of the cheap places to retire, it’s one of the most alluring places where you can fully enjoy the fruits of your labor.

Also, one of the reasons why it is considered as one of the cheap places to retire, is its cheap real estate. Oceanfront lots are priced about $10,000 while three-bedroom homes on acreage are sold at about $50,000. Food is also very cheap; you can have a fine dinner with lobster and tasteful local wine for less than $20.

Long before Nova Scotia has been widely known as one of the cheap places to retire, it has already been a favorite retreat destination of English, Scots and Irish. Most of the inhabitants here are of British origin. They were either descendants of the immigrants from the American colonies or travelers who directly came from Britain early in the 19th century.

The great cultural variety in Nova Scotia shows the variety of people living in this province. There are even Germans, Acadian French, blacks, American Indians and perhaps even Asians scattered along the ocean coasts.

Families of those immigrants who still live in their home countries are probably thinking of living here for good too. Now as it is being promoted as one of the cheap places to retire, no wonder many people from other countries and other provinces in Canada as well would be heading to Nova Scotia to settle there for good.

Despite modernity, Nova Scotia has well preserved its pristine beauty. Picturesque sceneries and historical sites abound in Canada, specifically Nova Scotia so over a million of tourists visit the place, especially during summer when climate is pleasantly warm. Being one of the most affordable tourist destinations and now, one of the cheap places to retire, foreigners are encouraged to go to here.

Splendid scenery of the ocean and forests made up of evergreen coniferous trees—fir, spruce, hemlock, and pine—attract the most number of tourists and retirees alike to come to Canada’s perfect retirement haven.

Nova Scotia may be the most populous of all the Canadian provinces, but it’s not as crowded as most U.S. cities are. A lot of Americans visit here and eventually decide to live here permanently not only because its one of cheap places to retire, but it’s so near United States; thus, it is easier to visit relatives back home. In just a couple of hours, you’d be in a totally different world—a heaven-like world—or back to your homeland.

Among the best places to visit in Nova Scotia are: Alexander Graham Bell Museum National Historic Park, Fort Anne National Historic Park, Fortress of Louisbourg National Historical Park, and Halifax Citadel National Historic Park. All these offer breathtaking sceneries and have great historical relevance, not only to the people of Canada but all over the world. The Graham Bell Museum for one features the inventions of Graham Bell, including the telephone.

Now here’s a trivia: Demi Moore, Jack Nicholson and Billy Joel own summer houses here. Yes, these celebrities are all enticed by Nova Scotia’s beauty. Aside from being one of the cheap places to retire, Nova Scotia is truly gifted with heavenly sceneries that afford you a home away from home and a heaven on earth.

Cheap places to retire – Nicaragua: A haven for Travelers and Expatriates

Being in between two great bodies of water, the Pacific Ocean and the Caribbean Sea, Nicaragua is no doubt a magnificent tourist attraction. It is rich with rugged mountains, lush forests, fascinating lakes and large rivers, pristine powdery white coastal beaches, tiny tropical islands, and majestic extinct and active volcanoes that will leave you breathless and make you long to come back—and yes—live here for good.

In recent years, Nicaragua constantly appears in the list of top tourist destinations in the world primarily because of its fantastic natural sceneries and wide range of places of interest. And now, Nicaragua opens its doors to foreigners who are seeking for permanent residence for their retirement. In few more years, Nicaragua would surely be topping the list of best places for adventure and retirement. It may not be the best of the best just yet; but rest assured, Nicaragua’s one of the cheap places to retire.

Nicaragua’s name comes from the Nicarao, the tribe that inhabited the place before the Spaniards came to colonize it; and the Spanish word “agua,” which refer to the two major lakes in the country, the Lago Managua and the Lago Nicaragua. Several lakes and volcanoes can be found in Nicaragua; thus, it is also called as the “land of lakes and volcanoes.” Many come to Nicaragua because of these, but since Nicaragua is the largest country in the Central America and has relatively small population, a lot of travelers decide to settle here.

The government of Nicaragua highly encourages foreigners to spend their retirement years in the country. As part of their efforts in promoting it as one of the cheap places to retire, expatriates and foreign retirees are not required to pay taxes for out-of-country income, import household goods and vehicles. Consumer goods and basic commodities offered in several stores and shopping centers in the country are priced just right, so it’s practical to live here.

Still a big portion of Nicaragua is still highly forested and there are still many unexplored terrains, rainforests and many other exotic places perfect for adventure. More than just being one of the cheap places to retire, Nicaragua is one of the most exciting places to explore. If you love outdoors, this country can certainly make the rest of your life the most unforgettable. You can enjoy a full body workout by climbing up volcanoes like the famous Mt. Concepción and Mt. Maderas or visit Volcano Mombacho Natural Reserve and be fascinated by the mystic beauty of trees suspended above the ground resembling a canopy. You don’t have to spend much for such natural treasures. Only cheap places to retire like Nicaragua can offer them nearly for free.

In the island of Ometepe, you can take delight in numerous beaches that are still untouched by development but their beauty beckons and you cannot just resist. Being undeveloped, these spectacular beaches are far below the price of comparable first-class tropical beach resorts. Lots near the beaches are sold as low as $22,000—this is a very generous deal for someone like you who’d go for cheap places to retire.

For ages, Nicaragua suffered a lot from civil wars, foreign invasions, dictatorships and in 1972, from a damaging earthquake but Nicaragua has gradually stood up from where it had fallen and now it’s resolute in heading towards a fully developed nation. While it is still in its initial stages, cost of living here is still very affordable, which is very favorable for those looking for cheap places to retire.

As one of the cheap places to retire, Nicaragua appeals mostly to middle class and simply for those who just want a change of atmosphere and lifestyle—something relaxed and worry-free. Top tourist destinations in Europe might be very tempting and inviting but they are very expensive. For sure you don’t want to live the rest of your life spending extravagantly when you can enjoy it countries like Nicaragua without ruining your financial plan.

Now Nicaragua is well-prepared to accept full-time retirees from all over the word. The government is working hard to erase misconceptions that it is a dangerous place as a result of different revolutions that took place in this beautiful country. Politics is now stable and there’s an increasing growth of shopping centers, hotels and restaurants since the late 90s. Their efforts to draw more tourists and foreign retirees seem to be fruitful as Nicaragua is now being regarded as one of the best yet cheap places to retire.

Cheap places to retire – Malaysia: Cheapest Tropical Country For Retirement

One of the most promising and cheapest places to retire not just in Southeast Asia but in the whole world is the tropical paradise of the land of Malays, Malaysia. Apart from Thailand, Japan, China and South Korea, Malaysia is a favorite tourist destination in Asia and now it is regarded as an excellent place for retirement because of its low cost of living.

Nowadays, the country is being considered as an alternative retirement haven, rivaling other best and cheap places to retire like Canada, France, England, Singapore, New Zealand, Australia, Hong Kong, India, and Taiwan.

Many might think of a metropolis full of light and skyscrapers when talking about Malaysia, especially its capital Kuala Lumpur, but this country offers a simple life and a relaxing experience for retirees who want to enjoy their life away from the urban world. Malaysia is a very conducive tropical country for expatriates who love warm, sunny and rainy seasons as well.

This cradle of Malay race offers not just the typical grandeur and extravagance of what its cities and those highly recommended localities evidently show, but natural wonders and the very warm atmosphere. Malaysians are very hospitable and friendly, too, that is why a lot of British, American, Australians, Canadians and even other Asians prefer to live here.

Based from the accounts of numerous tourists, frequent visitors and immigrants, this booming country in the southeast portion of the biggest continent in the world has the best beaches and breathtaking coastal islands. This is typical of Asia you might say as Malaysia’s own tourism catchphrase “Malaysia, Truly Asia.” But compared to other tropical countries in Asia, Malaysia is downright less expensive; thus, it is adjudged as one of the cheap places to retire.

Unlike the luxurious and very expensive cost of living in London, Tokyo, Singapore, Paris, New York, Illinois, as well as those in Northern Ireland, Sydney (as part of their tourism package), Malaysia has remain frugal and in many ways economical in its tourism and other economic endeavors.

Just try to weigh and consider the given actual cost of 2-bedroom rental apartments begins at around $225 per month and 3-bedroom houses start at $35,000. While compared to the known mega cities and metropolis, the prices and expenses range from $500 even up to $750 per month or could even higher depending on the seasons and other possible demands or occasions in the place.

But of course, comparable housing in expatriate communities or the luxurious homes that date from British colonial period are priced higher. However, again, compared to those in Singapore, London, and the romantic Paris, it is not just considerably cheaper but surprisingly, cheaper. Malaysia offers more than a treat for birthdays, holidays, honeymoons, and of course for a different kind of retirement. If you are looking for cheap places to retire, inexpensive getaway destinations and superb adventure, Malaysia is waiting for you.

Malaysia, as the cheapest tropical country to spend one’s retirement, has a very peculiar yet very inviting tropical climate that blends well with its “cheap” package for tourism. Not only that, Malaysia takes pride of rich culture and arts than explicitly show its wide diversity of its people. Malaysia is a melting pot of foreign and indigenous people, so anyone can easily find affinity with Malaysians. Aside from being one of the cheap places to retire, this could influence other retirees to settle here for good.

Just like Italy, Greece, Turkey, Morocco, Brazil, California, Cuba, and even Venezuela and Mexico—but comparatively on the same level as neighboring countries like Philippines and Thailand—Malaysia has lot of those highly in-demand fine and long stretches of white beaches, best diving sites, and splendid coconut trees that stand like sentinels guarding the tropic paradise.

What’s more interesting is, Malaysians speak English as this is taught early in school and is required among students, although the official language of this country is Malay. Furthermore, transportation in Malaysia is never a problem. You can find here good highways, several international airports, excellent railroads and road systems.

Other attractions of Malaysia that make it one of the top tourist destinations, choicest and cheap places to retire are its rivers, forests, elephants, and numerous kinds of butterflies and birds. Nature lovers would surely find a home in this wonderful land of Malays, not just momentarily but forever.

Cheap places to retire – Hungary: one of the best places to retire in Eastern Europe

Many people nearing the stage of retirement are thinking of the best and cheap places to retire by now; maybe you are one of them. You should congratulate yourself since you are one of those who think of their retirement—their future—in a positive way. A lot of people are afraid of reaching that stage primarily because they do not have any plans about it or have not saved enough money, which they can use to enjoy what could have been the “best days of their lives.”

If you are looking for the most favorable yet cheap places to retire, consider Hungary. This small country at the heart of east central Europe welcomes visitors and expatriates with its excellent music and arts, rich culture, diverse cuisine, finest wine regions and marvelous natural attractions.

As a European country, cost of living in Hungary is surprisingly low and this is one of the primary reasons why Hungary is being considered by expatriates as one of the most ideal retreat destinations and one of the cheap places to retire. The Government, which used to be a Communist, provides many services for free, if not, at very low costs. Some apartments are even subsidized by the Government of Hungary.

Hungarians or Magyars have deep love for pleasant things from food, forms of entertainment and recreation and this is reflected in several theaters, hotels, restaurants, and cafés around the city. It’s common to see people sitting in cafés, drinking wine or dining with friends and listening to Gypsy fiddlers.

Food abounds in Hungary and you would find here the most delicious pastries, the finest Tokay wine and apricot brandy. Hungary is also famous for salami, goose liver and spices known as paprika (mixture of red peppers, meat, fish and dairy products.

People here love pleasurable way of life, but on the contrary almost everything is very affordable. By Western standards, an average person living here earns relatively low income annually, but with his earnings, he could already enjoy pleasurable Hungarian life. Imagine, it’s possible to live a majestic life here for just about $1,000 per month whereas if you are in other places that still claim as cheap places to retire, that amount is not even enough for you to lavishly enjoy a three-day trip.

Hungary is endowed scenic spots that are truly inspiring. What a great way it is indeed to spend the rest of your life in place of such beauty? Aside from being one of the cheap places to retire, Hungary can also be considered as one of the most enchanting countries perfect for retirement. Its rich flora and fauna are its real treasures whose beauty cannot be matched by towering and colossal masterpieces in a highly urbanized world. If breathing in fresh air, seeing mountains, hills, valleys, lush forests and lakes bring joy to you, you’d love to make Hungary your home.

Although landlocked, Hungary has many rivers, springs and lakes; one of them is the famous Danube River, which flows across the Little Plain and down to the Great Plain. These two plains are Hungary’s two lowland regions. Along the Danube River are medieval castles and fortresses that are popular tourist attractions.

During summer time, Lake Balaton, Central Europe’s largest lake, welcomes large number of frequent visitors as well as new timers who are probably thinking now to live here for good not only because Hungary is one of the cheap places to retire but because it offers both the convenience of a modern country and the delightful treasures of an unspoiled developing nation.

Budapest is the capital city of Hungary and the largest both in Hungary and Eastern Europe. It was once one of the most glittering capital city in Europe but its luxurious and cheerful atmosphere gradually faded in recent years, however it is still among the most attractive cities in the Eastern side of Europe and the city with the most number of first-class hotels as well. It is dramatically situated on both sides of the Danube River, just where the water flows south to cut through Hungary.

Amidst highly urban European countries, Hungary remains to be exotic nation that harmoniously balances past and present. Despite increasing industrialization and modernization, Gothic and Renaissance structures are still well preserved, not to mention the rich foliage everywhere. If you are looking for cheap places to retire, why not consider Hungary. It offers more than the low cost of living you want.

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 – Costa Rica: The Pride Of the Caribbean

A lot of Americans dream of the Caribbean for it largely contrasts the highly modern ways of living in the United States. Skyscrapers, busy streets and colossal structures are common sight and surely for someone who has long worked and lived in a place like this would want to have a break and have a taste of the simple and relaxing life a tropical country can give.

Caribbean countries are no doubt among the most sought-after tourist destinations. They have pleasant moderate climate, the best beaches and the loveliest scenery. Likewise, for these reasons, they have been considered for many years now as top retirement havens as well.

Not all Caribbean nations, however, are cheap places to retire for many have undergone massive development and modernization. As more and more people come to visit these countries, they became more and more commercialized, over-developed and even over-priced.

Costa Rica is an exemption. It is still one of the most attractive place for tourists and retirees alike, and fortunately, one of the cheap places to retire. The low cost of living and very affordable commodities here are among the primary reasons why it’s one of the cheap places to retire.

Situated at the Central American isthmus bordering the Caribbean Sea and the North Pacific Ocean, Costa Rica is very accessible for tourists and retirees from all over the world. Thus, aside from being one of the cheap places to retire, foreigners go here because it’s very convenient and so easy to reach to this place.

In few hours away United States, you now experience a new world—a place like heaven. It’s a perfect place where you can live a laid-back and stress-free life. With the dazzling blue waters of the Caribbean Sea and the Pacific Ocean, the bright blue sky, the swaying palm trees, different kinds of birds flying, rainforests, volcanoes, and rugged mountains on the background, this country is truly an enchanting place for your retirement.

Costa Rica offers opportunities for diverse recreational activities from whitewater rafting to hiking, diving, fishing, jungle river cruising, canopy tours, kayaking, snorkeling, and a lot more. Its variety of aquatic ecosystems, allows you to enjoy visiting the place, and of course living here for good.

Large number of foreigners comes to Costa Rica since it has the most extensive system national parks in Central America or among the Caribbean. Likewise, its great biological diversity gives it lasting beauty despite rapid development in neighboring Caribbean countries.

The Government of Costa Rica greatly promotes it as one of the best and the cheap places to retire and encourages tourists to invest and live here in order to further diversify its economy. Aside from its cheap commodities (government sustains extensive systems of education and even health services) that make it one of the most ideal and the cheap places to retire, Costa Rica is loved by expatriates for its hospitable people, low crime rates, breathtaking scenery.

Transportation is also very ideal in Costa Rica. The Pan-American Highway, which runs through Costa Rica from Nicaragua to Panama, makes transfer of goods and commodities easy and fast. Several cruise ships also regularly dock at Costa Rican ports.

But even before Costa Rica came to be widely recognized as one of the best and cheap places to retire, it has already been a haven for thousands of refugees coming from other Central American nations way back in 1986. During this time, the Nicaraguan civil war broke out and about 250,000 exiles came to Costa Rica and made it their new home.

Whether you are looking for perfect yet cheap places to retire or looking for a perfect place where you can rejuvenate yourself, Costa Rica offers the best for you. The Costa Rican Colones per US Dollar exchange rate is very high—343.08 (January 2002), 328.87 (2001), 308.19 (2000), 285.68 (1999), 257.23 (1998), 232.60 (1997). You can maximize your dollar earnings here in Costa Rica. Although largely agricultural, Costa Rica has a booming technology sector and standard of living is high. But prices of basic commodities are relatively low.

If you are planning to spend your retirement years in a peaceful, relaxing and fascinating place and at the same time looking for cheap places to retire, Costa Rica is the country you are looking for. There are many sites in the Internet that offer guides on how to get there, browse through them and get as many information as you can before you go to this country.

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.