Best cities in the world to retire

For those that keep an eye on what’s happening internationally with retirement accommodation, you would be aware of the rapidly increasing number of people moving offshore to lower cost locations – many of them very appealing. Over 350,000 Americans have moved overseas to lower cost destinations while still receiving their social security benefits. The most heavily marketed retirement location is Ecuador where it is possible to live extremely well for $1,800 per month plus receive excellent health cover at a cost of $100 per month. The city of Cuenca has 4,000 American retirees alone. Check this ABC News report HERE.

http://abcnews.go.com/Travel/americans-find-retirement-paradise-ecuador/story?id=19187268#.UdtxWdIweJg

Money on Retirement Magazine has created its first Retire Overseas Index, which ranks weather, health care, cost of living, options for establishing residency and general quality of life. The top locations by category are:

World’s All-Around Top Cities for Retirement:
• Cuenca, Ecuador
• Georgetown, Malaysia
• Medellin, Colombia
• Panama City Beaches, Panama
World’s Most Affordable Cities To Retire Well (places where you could retire comfortably on a budget of $1,250 per month or even less):
• Cebu, Philippines
• Chiang Mai, Thailand
• Cuenca, Ecuador
• Granada, Nicaragua
• Hoi An, Vietnam
• Medellin, Colombia (outside El Poblado)
World’s Best Climate:
• Cuenca, Ecuador
• Medellin, Colombia
World’s Most Expat-Friendly Cities To Retire:
• Ambergris Caye, Belize
• Boquete, Panama
• Cuenca, Ecuador
• Georgetown, Malaysia
• Hua Hin, Thailand
• Panama City Beaches