Ecuador—The World’s Number 1 Retirement Haven according to Int Living

Ecuador—The World’s Number 1 Retirement Haven

Internationalliving.com reported the quaint town of Cotacachi to the vibrant capital, Quito, from Salinas by the sea to the peaks of the Andes, Ecuador’s diversity is a key part of the massive appeal that sees it regain the coveted top spot on this year’s retirement index.

Although prices have risen slightly in recent years, Ecuador’s real estate is still the best value you’ll find anywhere.

This is bolstered by the generous array of benefits the government has afforded to retirees. Over-65s get discounts on flights originating in Ecuador, as well as up to 50% off entry to movies and sporting events. Discounts are also available on public transport (50%) and utilities, with the option of a free landline if you purchase a property.

THINKING OF MOVING TO ECUADOR? READ THIS BOOK

And the cost of living is low. “You can get a lot more here for your dollar than you could in the U.S. or Canada,” says IL Ecuador Highlands Correspondent Wendy DeChambeau. “A doctor’s visit will set you back around $10, while a main course in a restaurant can be had for as little as $2.50. The bus trip from Cotacachi to Otavalo will cost you 25 cents. For big-ticket items like real estate, you can get a lot more for your dollar here than in the U.S. A couple can live well here on $1,400 a month, including rent.” Read Artticle