Retire to Ecuador…for Cheap Living in Style

February 5, 2010 by Karlos Smythe  
Filed under Retirement

Ecuador… a country off the radar, offers very cheap retirement living.

Ecuador is not only a cheap place to retire…it is a great place to retire. Many Americans have discovered much to rave about besides the low prices.

The US dollar is the official currency of Ecuador, a source of comfort to some retirees. Expats report that the Ecuadoran people are very friendly and glad to share their country with American retirees.

One can easily live very well on $10,000 to 15,000 a year per couple, that is cheap folks.

Cheap living means very reasonable real estate both for purchase and rentals. Rent before you buy is always good advice.

Owning two homes in Ecuador is quite possible due to th elow prices for real estate. One might be in the mountains. Quito the capital, has spring like weather due to its 9,000 foot elevation. The culture of an colonial city is available there. Your second home might be on the beach, Ecuador has some beauties.

Your beach retirement spot might be Manta, a popular town with a good deal of development underway. Wear a Panama hat…they are made in Ecuador, not Panama.

When we say cheap living, what do we mean exactly real estate wise? $100,000 will buy you an apartment in Quito and a beachfront condo in Manta…that’s right both properties. If you do move to Ecuador it is always more prudent to rent before you buy. You can get a very nice apartment, well located in Quito for $500 a month.

If you get sick in Ecuador you will find a doctors visit will cost around $15. They also make house calls for the same money or slightly higher. Domestic help is $30 a week.

To retire in Ecuador the Ecuadoran Government requires you prove a monthly income of $900 a month from a pension. Social Security is of course accepted. That speaks volumes by itself as to the low cost of living in Ecuador..

The 12 million that call Ecuador home come from many climates. You have the humid jungles in the east, or the soaring Andes with their year round cool temperatures. If you want the beach Ecuador has them in spades. If you desire a change in view and climate you do not have to go far in Ecuador.

If cheap living is your only motivator for living in Ecuador, you probably will be disappointed. You would be unhappy moving anywhere just because it is less costly. Instead if you have a sense of adventure, are self confident, and interested in living well…all in friendly environs, consider Ecuador as a place to retire.

Retire to Ecuador is under the retirement radar now, it won’t be for long. Do you need information on other frugal retirement living lifestyles that are fun? Do not give up on retirement until you visit this website

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