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Can I Retire To Ecuador On US$700 A Month?

Live And Invest Overseas by Live And Invest Overseas
Aug 07, 2014
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Cost Of Living In Ecuador Versus Costa Rica
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“I have a question on Ecuador… How does a disabled, 62-year-old guy move to Ecuador on a little more than US$700 per month? I’m tired of the way things are going in the United States but have only a small Social Security check to live on.”

–Jack, United States

Correspondent Lee Harrison responds:

There are indeed places where you can live in Ecuador on less than US$700 per month…and most Ecuadorians do so. But it’s important to remember that life in Ecuador comes with no lower-income “safety nets” such as Medicare, Medicaid, or supplemental nutrition programs, among others…programs that you can’t use outside the United States. So when calculating your budget, be sure to factor that in.

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Live and Invest Overseas is the world's savviest source for top opportunities to live better, retire in style, invest for profit, do business, and own real estate overseas. Established in 2008, the Live and Invest Overseas' editors and correspondents have more experience researching and reporting on top opportunities for living well, investing for profit, doing business, and owning real estate around the world than anyone else you'll find.

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