Uruguay
A politically stable haven in South America, Uruguay has modern infastructure, gorgeous mountains and beaches, revelry-filled summers as well as quiet temperate winters. A couple from the states can live comfortably on just $2,000 a month. It’s estimated that you could live on as little as $800 a month in Salto city. If you love the beach, Atlantida, Piriapolis and La Barra are all seaside towns that are affordable. In fact, in La Barra, you can buy a home starting at $50,000 or rent one for $500-700 a month. To top it off, Uruguay offers three main health care options. There are private health care companies, a public health care system, and private hospital membership plans. The latter cost about $100 a month and are popular with expats.
How to retire in Uruguay
To retire in Uruguay, one option is to simply apply for the rentista visa. To get one, a single applicant needs to have a monthly income of around $1,500, plus enough money to cover any dependents. Aside from this, Uruguay has a retirement visa that will allow you to import a car and house items duty-free and even apply for a Uruguyan passport. It’s best to contact a Uruguayan lawyer to help you apply since the visa has some potential restrictions.