Let’s be honest, you finding an apartment, condo or even a small seaside villa for under $800 a month is highly unlikely in the United States. Yet in certain parts of the world this is exactly what expats and retirees find.,
We found the equation for billion dollar views on budget size income. A view and or seaside apartments in popular retirement destinations occur when the following conditions are in place. Continue below:
- Popular retirement destination with extended bedroom communities that are anywhere from 8 to 15 miles outside of the main city, town or resort area. In other words the further you get from the amenities of a popular destination, the lower the rents, especially if these areas have a public transportation concern.
- Areas with extreme heat usually offer lower rents during the off-season. Year round lease options can lower your overall annual rent substantially, making popular and expensive tourist destinations affordable.
- Certain countries offer retirement packages to retirees, which helps to lower the cost of living. One example is Belize, an English speaking country in Central America who offers retirement perks and tax benefits to expats over the age of 45.
- Countries where the currency exchange between dollars and the country of your choice helps to lower the cost of living. This is especially true in Mexico.
You can live cheap in Asia on a government SS check. You can also do the same in some parts of Mexico and Panama and Costa Rica according to our research. There are some parts of Mexico where the cost of living has increased due to the sheer numbers of Canadians, Europeans and Americans who have taken up residency.
There is no shortage of affordable offshore destinations in countries like Mexico, Panama, Belize, Costa Rica, Caribbean, and some parts of Europe and all over Asia. Check out Forgot to Save for Retirement dot com to learn more and prepare for your seaside retirement options