If you wish to retire in Bolivia, you will need to enter the country on a “special purpose visa”, which requires you to submit a letter stating your intentions, proof of your economic status and a criminal record check.
But you’ll probably want to check out the place before you take the plunge. To visit, you will need to obtain a tourist visa from the Bolivian consulate. Next, calculate how much more you need to save each month to reach your retirement goal. Above all, don’t forget to stock up on sunscreen, as the Bolivian climate is subtropical.
Belize is increasingly popular with international retirees thanks to its Caribbean vibe, beautiful nature reserves and beaches, and the affordable and slower pace of life. It is an English speaking nation and Spanish is the second most used language.
Popular expat destinations include the Placencia Peninsula, a 30km stretch of land fringed with white sands and blue waves, and the island of Ambergris Caye. You’ll want to stay away from border towns, remote areas, and Belize City, as criminal activity is much higher in these areas. In Belize, most hospitals are not well equipped to deal with serious health problems. Healthcare in Mexico, Nicaragua and Costa Rica is significantly better in comparison, reports ExpatExchange.