What are the best foreign countries for US citizens to retire to?

I'm nearing retirement age and am considering stretching my retirement income by settling somplace more economical to live. Where are English speaking countries that welcome Americans and have a decent lifestyle but are a bit cheaper to live in than the U.S. ?

Panama and Costa Rica are both supposed to be superb. They are relatively safe (Costa Rica has a very stable government and a lower crime rate than most places in the US), very cheap by US standards, most people speak at least a little English allowing you to improve your Spanish slowly and they have enough US style goods and products in stores to minimize the culture shock.

There are a couple of websites dedicated to international retirement that have a bunch of info on Costa Rica and Panama. Try googling "retire in Costa Rica" and that should bring them up.

7 Responses

  1. B-baller Says:

    The carribean? Barbados or something?
    References :

  2. Andy Says:

    There are several places in Mexico where there are large populations of retired Americans. Try San Miquel Allende; there are many US and Canadian retirees living there.
    References :
    http://www.mexicoadventure.com/san_miquel_de_allende.htm

  3. Paul Says:

    Panama and Costa Rica are both supposed to be superb. They are relatively safe (Costa Rica has a very stable government and a lower crime rate than most places in the US), very cheap by US standards, most people speak at least a little English allowing you to improve your Spanish slowly and they have enough US style goods and products in stores to minimize the culture shock.

    There are a couple of websites dedicated to international retirement that have a bunch of info on Costa Rica and Panama. Try googling "retire in Costa Rica" and that should bring them up.
    References :

  4. righton Says:

    I would say Mexico would have been good a few years ago, but has turned more expensive lately. I live in Guadalajara and the population has increased really bad, traffic and air is so polluted. You probably could find a small town in Mexico that you may enjoy, but less English speaking people. If I were you I would look for a small town in the U.S., maybe in the South or mid west and tay in the US. Believe me. What ever you do do not sell your property until you find a place you would be willing to spend your life in the new area.
    References :
    Living in Mexico

  5. Mike Says:

    I ask the question posed on this web site: What are the best foreign countries for US citizens to retire to?
    References :

  6. oneiloilokano Says:

    I choose the Philippines.

    Best value for your $ in Asia. Cheap cost of living.
    Good medical care is available.
    Friendly English speaking people.
    Tropical climate, beautiful beaches and inland resorts.
    Imported American food is availible at the supermarkets.
    Modern Shopping Malls, CATV and DSL internet availible in most places.
    Maids and Drivers are very affordable.
    Retirement Visas are inexpensive and easy to get.

    Check out this free link to all things in the Philippines written by an American who has lived here over 30 years. Also has a link to a Yahoo discussion group with people like myself that actually have retired there.
    References :
    http://www.livinginthephilippines.com
    USN Retired, Married and living in the Philippines since 2002.

  7. stiffy88 Says:

    Panama,Ecuador,Costa Rica,Belize,Mexico,Thailand,and Philippines.Checkout international living.com.They have all kinds of info on places to live and save money.
    References :

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