Why is Ecuador one of the best places to retire in the world? Affordable retirement life for one
The Republic of Ecuador is quickly becoming the best paradise for retirees in the world.
One could sum up retirement in this South American country in a cliché: value for money.
If you live on a tight budget, some say $250 could cover your expenses for an entire month. Just remember not to overspend and to stick to your budget; otherwise, it doesn’t make sense to set a maximum monthly spending limit.
Besides shopping for groceries at a local market to stock up on groceries and other personal needs, that could probably keep you going for a month, you could probably indulge in one frivolity each month, like buying a blouse or seeing a movie with a friend.
If you’ve gotten bored of living in Ecuador and would like to visit other countries, getting in and out of the country has become less expensive now that some airlines have introduced lower fares to some destinations. They have made this travel promotion available to foreign pensioners. Again, that’s another way to put the main value for your money.
Retirees or those over 65 years of age can take advantage of this flight incentive. Airfares to countries in North America and Europe have been cut by 50 percent by various airlines.
The state has also offered retired retirees deep discounts in terms of their tax payments, utility bills, and even on entertainment. For entertainment, I would probably include watching a soccer match, which happens to be the favorite sport in Ecuador. You can also wear it to go clubbing or watch movies.
Another benefit of retiring to Ecuador is the weather. It suits the retiree crowd that a large 98,985-square-mile area of the country enjoys a tropical climate, with a few months allotted for rain. This is a welcome reprieve, especially for those who have lived or worked in countries where the weather is cold or snows most of the year.
There are several wonderful beaches lined up along its coastline, perfect for those leisurely strolls. You can also watch local and foreign surfers ride the waves or wait for the next member of a paragliding club to cross the blue sky.
