7 Countries Where You Can Afford to Retire by the Beach

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Retiring to a serene place by the beach is a dream for many. The recent years of global upheaval have intensified the desire to escape the daily grind and resettle in an ideal location. 

 

For many, life by the beach represents that ideal.

 

In numerous parts of the world, beachfront property is attainable, offering pristine beaches, a low cost of living, and attractive lifestyles. These countries make it possible to find that perfect spot by the sea and live comfortably.

 

10 Best Places to Retire Around the World

 

Ecuador

Ecuador offers 500 miles of shoreline, quaint fishing villages, and moderate weather, making it an appealing destination for retirees. The country uses the United States dollar, making it convenient for those from the U.S. Quality healthcare is available at reasonable prices, and public transportation in many cities makes a car unnecessary.

 

Nicaragua

Nicaragua, known as “The Land of Lakes and Volcanoes,” is located in Central America and boasts shores on both the Caribbean Sea and the Pacific Ocean. The country offers a low cost of living and various residency options for retirees. U.S. dollars are widely accepted, and the Nicaraguan government provides tax incentives and encourages investment.

 

Thailand

Thailand offers retirees a variety of beachfront locations, including tropical islands. The cost of living is low, the people are friendly, and the food is delicious. Retirement visas are available for those aged 50 and above, with certain financial requirements.

 

Vietnam

With 2,000 miles of coastline, Vietnam provides plenty of opportunities for beachfront living. Most retirees opt to rent since foreigners are restricted from owning land, except in certain condo developments. The cost of living is low, and the private healthcare system offers high-quality care at affordable prices.

 

Belize

Belize, while not the lowest cost option, offers miles of gorgeous coastline and a dense rainforest on the mainland. English is widely spoken, and both Belize currency and the U.S. dollar are accepted. The Qualified Retired Person Residency Program makes it easy to establish residency.

 

Colombia

Colombia offers coastlines on both the Pacific Ocean and the Caribbean Sea, with the Andes Mountains and Amazon rainforest nearby. The cost of living is significantly lower than in the United States, and both public and private healthcare are affordable and high quality. Various visa options are available, making it a viable retirement destination.

 

Mexico

Mexico, with its extensive coastline along the Gulf of Mexico and the Pacific Ocean, offers numerous well-known beach areas and quiet fishing villages. The country’s low cost of living, pleasant climate, and affordable healthcare make it an attractive option for retirees. Residency is relatively easy to obtain with certain financial requirements.

 

These countries provide diverse options for those looking to retire by the beach, combining natural beauty with affordability and a relaxed lifestyle.

 

If this article has inspired you to think about your own unique situation and, more importantly, what you and your family are going through right now, please contact your advice professional.

This information does not take into account the objectives, financial situation or needs of any person. Before making a decision, you should consider whether it is appropriate in light of your particular objectives, financial situation or needs.

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