The five cheapest places to retire abroad

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Published last week

Spending your free time exploring a new country, understanding its culture and mixing with the locals sounds like a dream, right? You have always dreamt of retiring abroad, but you are not ready to spend your lifetime savings on relocating. Understandable. International Living has compiled a list of the five cheapest places where you could accomplish your retiring abroad dream.

Cambodia

Cambodia
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According to International Living, Cambodia is the single cheapest country for retirees. Indeed, if you are alone, you can comfortably live on a budget of $ 1, 250 a month while if you are planning to retire with your significant other, it should cost around $ 2, 000 a month. Not to mention that amidst the several temples, parks, incredible food and rich culture, you will never run out of things to do in Cambodia.

Vietnam

Vietnam
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Vietnam is the second cheapest place for retirees. While the cost of living in Vietnam can be as low as $ 1, 000 for a single person, it does depend on the place you have chosen to live in. This is why Vietnam only comes in at the second place. The biggest cities in Vietnam are Ho Chi Minh and Hanoi, and these are also the most expensive places to live in Vietnam. Otherwise, the country is not short of beautiful coastal towns and villages where you can enjoy a peaceful retirement.

Thailand

Thailand
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If you fancy retiring by one of the most beautiful beaches in the world, have you considered Thailand? The country attracts more and more visitors every year, but you could make it your home. And for not too much money, either. Thailand is also home to beautiful mountains and lakes, and you will never run out of new things to discover.

Peru

Peru
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$ 1,500 for a couple to live comfortably? If you want to retire in the land of the famous Machu Picchu- this is what it will cost you a month. The country has an incredibly rich culture and enjoys very pleasant climates all year round.

Bolivia

Bolivia
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Not too far from Peru is Bolivia. The country is also attractive to retirees, mainly for its low cost of living. Bolivia does not have beaches, but you can go on beautiful hikes and enjoy the forests. Also, it does have good connectivity to other Latin American countries so you can travel at a relatively low price.