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      Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

      • Spain
      • Portugal
      • Panama
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      How Much Will It Cost You To Live Overseas?

      The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

      Super Cheap

      • Chitré, Panama
      • Santa Marta, Colombia
      • Phuket, Thailand
      • Dumaguete, The Philippines

      Cheap

      • Medellin, Colombia
      • Boquete, Panama
      • Kyrenia, Cyprus
      • Hua Hin, Thailand
      • The Algarve, Portugal

      Affordable

      • Valencia, Spain
      • Cascais, Portugal
      • Las Terrenas, The DR
      • Pisa, Italy
      • La Rochelle, France
      • Mazatlán, Mexico

      Luxury

      • Ambergris Caye, Belize
      • Kotor, Montenegro
      • The Panama City Beaches
      • Paris, France
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      • Home
      • Countries

        Top Destinations:

        Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

        • Spain
        • Portugal
        • Panama
        • Belize
        • Colombia
        • Cyprus
        • Mexico
        • France
        • Montenegro
        • Browse All Countries

        Best For:

        • The Best Places To Retire
        • Health Care Abroad
        • Cost Of Living
        • Investing in Real Estate
        • Establishing Residency
        • Gun Laws In The World
        • English-Speaking Countries
        • Safest Places For Retirement
        • Best Places In Latin America
      • Budgets

        How Much Will It Cost You To Live Overseas?

        The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

        Super Cheap

        • Chitré, Panama
        • Santa Marta, Colombia
        • Phuket, Thailand
        • Dumaguete, The Philippines

        Cheap

        • Medellin, Colombia
        • Boquete, Panama
        • Kyrenia, Cyprus
        • Hua Hin, Thailand
        • The Algarve, Portugal

        Affordable

        • Valencia, Spain
        • Cascais, Portugal
        • Las Terrenas, The DR
        • Pisa, Italy
        • La Rochelle, France
        • Mazatlán, Mexico

        Luxury

        • Ambergris Caye, Belize
        • Kotor, Montenegro
        • The Panama City Beaches
        • Paris, France
      • Resources

        Global Living

        • Living & Retiring Overseas
        • Raising A Family Abroad
        • Foreign Residency & Citizenship
        • Offshore & Diversification

        Making Money

        • International Real Estate
        • Banking
        • Employment
        • Investing

        Follow Us:

        • Meet Our Experts
      • Real Estate

        Join our Weekly Newsletter
        Overseas Property Alert

        Sign up for our weekly newsletter to receive expert insights on the best international real estate investment opportunities.






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          Buying Real Estate For Cashflow

          • Discover tips and strategies used by global property investing veterans

          Explore Our Latest Posts

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          International Property Summit

          Caribbean Virtual Conference

          Live and Invest In Spain Conference

          PANAMA CITY, PANAMA

          June 18-20, 2025

          VIRTUAL

          July 17-19, 2025

          Valencia, Spain

          Sep. 17-19, 2025

          LEARN MORE
          LEARN MORE
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          LEARN MORE
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          overseas living letter offers affordable retirement guidance
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          Home How to

          Listing The 22 Best Places To Live For Under $1,500 A Month

          The World's 22 Best Places To Retire Overseas

          by Kathleen Peddicord
          Aug 29, 2022
          in How to, Retirement/Living
          0 0
          Four of the best places to live including The Algarve, Paris, The Dominican Republic, and Croatia. Best Places To Live For Under $1500 A Month

          Day by day in these dispatches, I work to show you that you can reinvent your life for the better and realize the retirement of your dreams on a budget of US$1,500 a month or even less.

          In addition and very important, a low cost of living is only the beginning of this story.

          When you retire abroad—even part-time—you open the door to adventure, opportunity, and freedom. You not only make it possible to reduce your cost of living. You make it possible to increase (I’d say dramatically) your quality of life.

          We live in a great big beautiful world that is bursting with opportunity around every corner.

          Please believe me: The life you want is waiting for you out here…

          You just need to get up, get moving, and seize it for yourself.

          Where in the world might be best for you?

          After more than 35 years covering this beat, I’ve logged thousands of miles of boots-on-the-ground reconnaissance across the globe and have engaged one-on-one with countless expat retirees…

          In other words, I have a pretty good idea of what you’re looking for… and, as well, where to go to find it.

          In that context, I thought today would be a good time to regroup.

          Where, specifically, should you be focusing your attention as you search for the best place for you to reinvent your life overseas?

          I’d identify 22 countries specifically… all places that are affordable, safe, welcoming, and incredibly appealing places to spend time.

          From white-sand beaches to Old World villages and the best locations I know to escape the troubles of the 21st century… here are your best options right now:

          1. Belize

          An English-speaking Caribbean escape that values independence… this is an adventure wonderland with rain forests, reefs, Mayan ruins, rivers, waterfalls, and white-sand beaches…

          2. Portugal

          A sunny and surprisingly affordable European destination, and home to our #1 choice for World’s Best Retirement Haven…

          This is one of the most popular expat destinations in the world, meaning you could easily get by on English alone..

          3. Dominican Republic

          A quintessential Caribbean, sand-fringed island nation with a low cost of living and the best values in the region…

          This country also boasts one of the best residency and citizenship programs we’ve ever known…

          4. Colombia

          Park in Sabaneta, Medellin, Colombia
          Flickr/Reg Natarajan/(CC BY 2.0)

          After years of an unfair stigma, this country is finally emerging as one of the world’s greatest expat and investment destinations…

          Specifically Medellín—a European-feel city with a Latin American cost of living… a personal favorite and part-time home for me and my family…

          5. Ecuador

          Cuenca, Ecuador.
          iStock/AlanFalcony

          Arguably the most affordable retirement haven in the Americas… a popular retirement haven that boasts colonial cities, great weather, and some of the cheapest coastal real estate found anywhere…

          6. France

          Sunset on Seine river in Paris
          Alamy/JOHN KELLERMAN
          Seine River

          The world’s best health care, the world’s most beautiful city, and more affordable than you might think, especially thanks to a weak euro.

          I can tell you the best value destinations both within and outside of Paris… including the “other” (and more affordable) South of France…

          7. Italy

          Lovely View from the Cliffside Village Positano, province of Salerno, Italy.
          Alamy/Felix Andries

          Your dream of la dolce vita is more affordable than you think. Our top regions here are affordable, coastal, and nearby to nearly everything…

          In one of our favorite places here, you could ski in the morning and surf in the afternoon…

          8. Brazil

          Sancho Bay, Brazil. Best Places To Live For Under $1500 A Month
          iStock/Christian Herzog

          A huge, diverse nation boasting excellent investment opportunity, world-class beaches, and bargain property on the coast…

          Check live foreign currency exchange rates here.

          9. Mexico

          Accessible, affordable, and home to an array of diverse lifestyle options… from the beaches to colonial mountain towns…

          This is the most popular overseas haven for Americans, and well more than 2 million U.S. and Canadians live here at least part time (and for a good reason)…

          10. Montenegro

          Sveti Stefan island, Montenegro. Best Places To Live For Under $1500 A Month
          iStock/sorincolac

          Another new addition to our list, this coastal nation sits across the Adriatic Sea from Italy… and it’s arguably the most affordable expat haven in Europe.

          The British have been coming to its coasts for years, and now we’re introducing it to the rest of the English-speaking world…

          11. Panama

          The world’s #1 haven when considering lifestyle, retirement, and investment altogether…

          This is truly a “do-everything haven,” and it’s where I’ve chosen to call home. From the modern capital city to the Caribbean archipelago, this place has something for everyone…

          Stay tuned tomorrow for numbers 12 through 22 on my list of the world’s top retirement havens…

          Sincerely,
          Kathleen Peddicord signature
          Kathleen Peddicord
          Founding Publisher, Overseas Opportunity Letter

          Tags: 'Belize''Brazil''Colombia''Dominican Republic''Ecuador''France''Italy'expatsLive abroadlive overseasMexico'MontenegroPanamaPortugalretire abroadretire overseas
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          Kathleen Peddicord

          Kathleen Peddicord

          Kathleen Peddicord has reported on opportunities for Americans to live, retire, and do business overseas for 40 years. She has traveled to more than 75 countries, invested in real estate in 24, established businesses in 7, renovated and built properties in 6, and educated her children in 5.

          Kathleen has moved children, staff, enterprises, household goods, and pets from the east coast of the United States to Waterford, Ireland, then to Paris, France, and finally to Panama City, Panama, where she has based her Live And Invest Overseas business. Peddicord and her husband, Lief Simon, now divide their time between Panama and Paris.

          Peddicord was a partner with Agora Publishing’s International Living group for 23 years. She opened, staffed, and operated International Living publishing and real estate marketing offices in Waterford, Ireland; Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France. Peddicord launched Live And Invest Overseas group in 2008 and has built it into a successful multimillion-dollar business. Today, she shares her firsthand experience of expat life with more than 500,000 readers of her publications, including Overseas Opportunity Letter and Overseas Living Letter.

          Kathleen has been featured often in The New York Times, MSNBC, AARP, CNN, Bloomberg, CNBC, and more and writes monthly about expat matters, international real estate, and offshore diversification for Forbes and U.S. News.

          Kathleen has written several books including the memoirs “At Home In Ireland” and “At Home At Los Islotes” and her latest title “At Home Abroad,” all published by Lahardan Books. Her best-selling "How To Retire Overseas: Everything You Need To Know To Live Well (For Less) Abroad” was published by Penguin Random House in 2018 and her “Buying Real Estate Overseas For Cash Flow (And A Better Life)” was published by Wiley in August 2020.

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                HOME

                Top Countries

                • Spain
                • Portugal
                • Panama
                • Belize
                • Colombia
                • Cyprus
                • Mexico
                • France
                • Montenegro

                Best For:

                • Health Care Abroad
                • Retirement Living
                • Cost Of Living
                • Investing in Real Estate
                • Establishing Residency
                • Gun Ownership
                • English Speakers
                • Safety
                BROWSE ALL COUNTRIES

                Budgets

                How Much Will It Cost
                To Live Overseas?

                Super Cheap

                • Chitré, Panama
                • Santa Marta, Colombia
                • Phuket, Thailand
                • Dumaguete, The Philippines

                Cheap

                • Medellin, Colombia
                • Boquete, Panama
                • Kyrenia, Cyprus
                • Hua Hin, Thailand
                • The Algarve, Portugal

                Affordable

                • Valencia, Spain
                • Cascais, Portugal
                • Las Terrenas, The DR
                • Pisa, Italy
                • La Rochelle, France
                • Mazatlán, Mexico

                Luxury

                • Ambergris Caye, Belize
                • Kotor, Montenegro
                • The Panama City Beaches
                • Paris, France

                Resources

                Global Living

                • Living & Retiring Overseas
                • Raising A Family Abroad
                • Foreign Residency & Citizenship
                • Offshore & Diversification

                Making Money

                • International Real Estate
                • Banking
                • Employment
                • Investing
                Meet Our Experts

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                Overseas Property Alert 

                 

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                From Outside North America:
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                Reach us with your questions by email at: events@liveandinvestoverseas.com

                Store

                Overseas Havens Reports

                • Expats' comprehensive destination guides

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                • Hours of coverage  from our latests conferences

                Lahardan Books

                • Titles on living and investing around the world

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                THE 10 BEST PLACES TO RETIRE IN 2025

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