The Top Countries Where You Can Retire on $150K

How to retire in Ecuador

Visitors can only stay 90 days, so retirees should consider applying for the Retiree Resident Visa at an Ecuadorian consulate in their home countries. This is the surest way to guarantee a long stay in the country.

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The visa requires proof that you will receive $800 or more per month from a recognized source of retirement, says International Living magazine. Once the visa is approved, you will need to purchase public or private health insurance. Ecuador’s political forecast looks rather promising. Citizens voted in early 2018 to restore presidential term limits, which sets the country apart from the region’s most troubled countries, such as Venezuela.

15. Ireland

Settle in here and you will find the welcoming people, the magnificent culture and castles, and the nearby travel options in the UK and Europe to be inspiring. Plus, Ireland can be very affordable.

While house prices in major cities like Dublin have soared to all-time highs, there are still plenty of great places for a low-cost, low-key retreat on the Emerald Isle. In communities like Mohill, Edgeworthstown, and Ballymore, homes sell for around $100,000. Irish hospitals are generally very well equipped and the standard of care is highly rated. Since you are not a citizen of the European Union, you will need health insurance to cover your health costs.

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