25 Destinations Where $150K Is More Than Enough To Retire
Some of the most beautiful countries in the world also offer affordable health care, low-cost housing and a high quality of life. And the process for starting your life abroad may be as simple as applying for a visa.
It may be difficult to make Social Security payments stretch while living in the United States, but elsewhere in the world the same amount of money can get you more than you might think is possible.
From sandy beaches to world-class cuisine, these countries all offer some incredible experiences to travelers old and young.
Portugal
Portugal is a sunny destination with incredible weather and some great cuisine, including tons of fresh seafood. But its health care system leaves a lot to be desired, so most residents prefer private health care.
To retire here, you’ll need to supply proof of income and apply for permanent residency after you arrive in the country.
Ecuador
The majority of foreign retirees in Ecuador are Americans, and the country is very welcoming to U.S. expats. There are even some low rent options with some apartments in the city of Cuenca costing lower than $400 per month.
Pensioner visas are available with proof that you receive $800 or more per month from a recognized pension source.
Belize
For English speakers looking to retire along beautiful beaches, Belize offers incredible destinations at lower prices than you can expect to find elsewhere. Comfortable rent is available for as low as $700 per month, but there are regions of the country with high crime rates.
Vietnam
Vietnam is quickly becoming a cultural hub with more sightseeing and experiences than you can possibly see on a short trip. The city of Da Nang warmly welcomes visitors and has a large population of English speakers.
For retirees looking to stay for a long period of time, a one-year multiple-entry visa with a requirement of leaving the country at least once every 90 days will be needed.