Since securing independence from the U.K. in the 1960s, Barbados has reformed its economy and set its sights firmly on making tourism its number-one earner. It isn't a hard sell. Barbados has a lower cost of living than many other Caribbean countries plus a dizzying collection of gold-standard beaches and a relaxed, fun-loving way of life.

Barbados is also coming to the fore as a superb retirement and overseas living destination. This is a stable democracy replete with high-quality, low-cost health care, top-notch food, reasonably priced real estate, and a friendly, welcoming population.

The island's well-established tourism industry means expats have access to good roads and transport, a plethora of top-notch restaurants and nightlife options, and supermarkets in which all the familiar brands are stocked alongside a range of exciting new local flavors.

Belize has much to offer beyond its rain forest interior, including one of the world's best choices for a new life by the sea, la isla bonita Ambergris Caye. One of our favorite places to kick it in the Caribbean, Ambergris Caye is undergoing an infrastructure boom. A new international airport is being built on the northern end of the island. On the southern end, in and around San Pedro, a FIFA-standard football and mixed athletics stadium for international sporting events is planned and six major new resort developments are under way.

As a result, Ambergris is not only one of the best places to think about spending time, but also, right now, a top investment option. This is a closing window to take a position in advance of all this big-deal infrastructure... which will lead to more tourists, more residents, and higher property values.

Northern Belize is a region encompassing a landmass of only about 2,500 square miles, but it stretches from the Caribbean Sea to the forests of Central America. It is truly where the Caribbean and Central America meet.

Life in Northern Belize is as diverse as its amazing landscape. Northern Belize has benefited from its diverse population. Over the years, locals and expats have built their homes and lives beside secluded tropical rivers, amid noble hardwood forests, upon bucolic traditional farms, within sleepy rural villages, and along breezy Caribbean seashores. The new wave of North American expats is now making this discovery. They are attracted to a simple, friendly life in a place that is refreshingly off-the-radar.

If you're looking to retire to a beachfront city in Northeast Brazil, look no farther than Maceió," writes Latin American Correspondent Christian MacDonald. "When it comes to making a terrific first impression on arrival, this is a city that's hard to beat.

"In fact, when I crested the hill on my approach to the beach, the view to the sea was so impressive that I missed my turn and got lost. But when I finally turned and hit the beachfront promenade, I was treated to a gleaming, modern city that soon jumped to the forefront of all the cities I've visited in Brazil with an eye on retirement.

"And, better yet, you can buy a large, three-bedroom apartment here for less than US$75,000, and enjoy the good life here for under US$1,400 per month."

"A sleepy seaside city a generation ago, today La Serena, northern Chile's 'serene one,' is one of the country's most popular beach resorts," writes Lauren Stanley.

As Lauren reports, La Serena has more character than your average beach town: "In the heart of downtown, most shopping is done at department stores and specialty shops. Semi-pedestrian streets like Prat and O'Higgins are lined with upscale wine stores, clothing boutiques, and shoe emporia. Trendy cafes and cute restaurants abound, and the streets are so clean you can practically eat off them."

Also in this report, Paul Terhorst explains how to efficiently keep up with the news you need online.

Nowhere does the best of Croatia come together as it does on Hvar. Its natural beauty is undeniable… pristine sea (some say the cleanest in Europe), dramatic slopes of vineyard terraces, pre-historic caves, narrow stone streets, historic churches, castles, ruins, a UNESCO site, a multitude of outdoor sports and activities—all in a setting of grapes, olives, lavender, and breath-taking hills and coastline.

But Hvar also boasts an attractive modern side, offering vibrant nightlife, trendy cafés, restaurants, and hotels. The Dalmatian culture in all its culinary, musical, and lifestyle glory is ubiquitous here, as everywhere in Croatia. Life on Hvar is an interesting study in contrast: tranquility versus partying, solitude versus celebrity renown.

Contributing writer Roseanna Keats vividly describes her tour of the beautiful--and highly affordable--Istrian coast of Croatia, Europe's Sleeping Beauty, as Roseanna calls it, where every bend in the road brings another amazing view and you've a wonderful selection of Old World properties to choose from. It's the best of Italy...only cheaper...not to mention the world's truffle capital.

Also in this report, Paul Terhorst is back with words of wisdom on how to navigate the current recession and smart answers to the questions every retired investor must surely be asking.

Delight in the abundance of cultural diversity that exists here, as the Dominican Republic is abuzz with rich European, Caribbean, North American, and Latin influences—creating a uniquely enjoyable experience.

From a house up in the jungle-clad hills, to resort-like living on the coast, or living in a colonial-style condo in Santo Domingo, Live and Invest Overseas Correspondent Brenna LaBine discovers that in just a short distance from the North to South Coast there is indeed a huge variety of landscapes and possibilities.

If you're a retiree, international investor, or simply a perpetual traveler scouring the world for new adventure, then the Dominican Republic deserves a spot on your list.

Morbihan province in south-central Brittany, should be everyone's to-visit list. It’s an inviting mix of sandy beaches and rocky coastlines, with beautiful islands, an alluring gulf, and enchanting forests. It is also a seafood-lover's heaven, world renowned for its oyster production.

This is an ideal place to live for those who enjoy an active lifestyle. The coastal and inland walking paths and bike trails, are arguably second to none. Winters are mild, rarely dropping below 40 degrees Fahrenheit. The spring and fall can bring some rain, but the summers are generally warm and sunny. Morbihan is an amazing place for dining al fresco, moonlight strolls on the beach, and simply basking in the Old World ambiance.

While some ritzy towns in Morbihan boast high real estate prices, most costs, including real estate just a few miles inland, are reasonable—shockingly so compared to Paris. Discovering Morbihan could be the greatest thrill in your life. But don’t wait too long…

This report features the Caribbean island of Roatan, one of the Bay Islands just off the coast of Honduras.

It's a small island but it packs a punch when it comes to things to do, especially if your main interests are water related. (The island was recently ranked "Best Dive Site" by Scuba Diving Magazine.) It struck me, too, as I read Roatan expert Janine Goben's feature that the blend of nations that has formed this island's population makes for an easy transition to overseas retirement.

And there's even more that makes expat-living here so easy: Though Spanish is the language of Honduras, English is the language of the Bay Islands; the lempira is the national currency but U.S. dollars are widely used and accepted; and when it comes to buying property, Roatan is one of the few Latin American locations with a multi-listing system and agents' association...just like in the United States.

Janine is a property expert with many years' experience. She's lived on the island for 15 years and knows every twist and turn of its 40 by 5 miles. If Caribbean island living is on your agenda, dive in to Janine's report today!

Ireland makes more sense for the would-be foreign retiree right now than it has in nearly a decade. Thanks to the worldwide financial crisis, the costs of both real estate and of living on the Emerald Isle have fallen dramatically, making a new life in the Auld Sod a more realistic option than you may have been thinking. In addition, of course, Ireland offers all the Old World charm, beautiful countryside and coasts, and welcoming hospitality you could hope for. In this special Retirement Report, Managing Editor Lynn Mulvihill introduces the charms of the Copper Coast, a stretch of dramatically beautiful coastline in an overlooked part of Ireland that boasts a particularly rich history and heritage.

Also in this report, resident Retirement Planning Expert Paul Terhorst discusses how you can learn from the world's oldest investors by putting your money in three "pots."

Tucked away in Ireland's southwest, in the "Kingdom" county of Kerry, is the marvelously unspoiled Iveragh Peninsula. Parts of the peninsula are designated "Gaeltacht" areas--zoned as such to protect the native language, heritage, and landscape--and, it's thanks to that status that the area retains its natural beauty.

Really, this is as close to picture postcard Ireland as it gets. And, when the sun peeps over the craggy coastline, illuminating Ireland's whitest sands and clearest water, you can't help but think (with a sense of humor) "Irish Riviera."

While tour buses weave their way around the Kerry coastline all year -- and especially during the summer months -- you'll drive most of the Iveragh Peninsula without seeing any big hotels or resorts. The privileged folks who live (and keep holiday homes) out here enjoy a tranquil life, surrounded by stunning seascapes. And, Killarney National Park -- with its famous lakes and mountains—is at your doorstep.

With Irish property prices as low as they've been in more than a decade, this could be your chance to find a cozy, affordable cottage in one of the world's most romantic spots.

George Town’s population is just 740,000—small enough that it’s easy to make friends and meet people, yet large enough to have health care that meets international standards and to have easy availability to all the other goods and services you might need. Year-round sunny, warm weather, First World infrastructure, easy permanent residency, and English-speaking locals make the living here easy.

The island of Penang, including its capital city of George Town, is a paradise for food lovers. This year, Lonely Planet announced that Penang has been voted the top food destination in the world.

ECA International rated George Town as being the most livable city in Malaysia. We agree (and so do our taste buds). In our opinion, Penang is one of the top spots in all of Southeast Asia for long-term living and retirement.

We make it a point to visit George Town whenever we're in the vicinity. We enjoy wandering around this UNESCO World Heritage city, and, of course, the food is nothing short of fantastic. For so many reasons, George Town is a place worth returning to again and again.

Correspondent Roseanna Keats takes us on an adventure around the "Pearl of the Orient," one of the most livable destinations in Southeast Asia. Penang, Malaysia, has a lot going for it. Not only is the cost of living low, but English is widely spoken, foreigners are welcome, and the government is stable. Obtaining residency as a foreign retiree in this nation is easy (easier than anywhere else in Asia). The Malaysian government invites foreigners to stay in Penang on a long-term Social Visit Pass under the "Malaysia My Second Home Programme."

Also in this report, resident Retirement Planning Expert Paul Terhorst tells of a friend back in the United States who believes he needs US$5 million dollars to retire comfortably. Paul explains though, that, in fact, you don't need anything like a US$5million dollar retirement fund. What you need is to be creative. Learn what you need to know to retire now, on the money you have now.

The tiny Mediterranean nation of Malta, taking up just 122 square miles of southern Mediterranean, is one of Europe's smallest countries. The country, technically made up of three islands, boasts a rugged coastline, parched cliffs, and tiny coves dotted with ancient forts and quaint fishing harbors.

Malta's varied, dramatic history is everywhere. The islands were once a hub of Mediterranean artistic and architectural excellence, and artists such as Caravaggio, Mattia Preti, and Favray were commissioned by the legendary Knights of Malta to embellish churches, palaces, and auberges.

The Maltese are a linguistically accomplished people. Their native language, Malti, is thought to derive from the language of the ancient Phoenicians who arrived in Malta in 750 B.C. English, however, is also an official language and is widely and fluently spoken. The level of English fluency among the population is remarkable—it's not just used in casual conversation—business, banking, and legal affairs are all conducted in English.

In many ways, La Bahía de Navidad, on Mexico's Costa Alegre ("Christmas Bay on the Happy Coast"), is an inexpensive, small-town version of up-scale Puerto Vallarta four hours to the north. With a Mexican population of just a few thousand friendly folks, the 500 or so full-year expats integrate easily into Barra de Navidad and Melaque, the two towns on the bay. Melaque is a typical ocean-side Mexican village where fishing, agriculture, and tourism provide a relaxed lifestyle for the locals. Barra de Navidad is chic and picturesque, with good restaurants and jumping nightspots, anchored by the elegant Grand Bay Hotel on the south-east side. Both of these towns receive thousands of winter visitors each year, primarily Canadian snowbirds celebrating their escape from the freezing weather back home by sunbathing and drinking frosty margaritas.

The Bahía of Navidad has rightfully earned a reputation as an outstanding wintering destination, and a full-year retreat for those folks that love hot weather. The bay is well-connected by air to both the United States and Canada, and the rest of Mexico, with flight times of just a few hours. The influx of winter visitors provides plenty of stimulation and seasonal business opportunities for those expats searching for a full-year retreat.

If your dream haven includes sunny beaches, good restaurants, friendly people, fishing, boating, and surfing in a small-town setting, then this area will put a special smile on your face.

Puerto Vallarta is regularly voted among the top destinations in Mexico by readers of Condé Nast Traveler, Trip Advisor, US News and World Report, Travel & Liesure, and About.com.

The warm weather and picturesque location are enhanced by the colonial charm of cobblestone streets and Spanish architecture. Mexicans are a fun and friendly people, and Mexican food is one of the world’s great unique cuisines. With the abundance of fresh seafood from the Pacific Ocean, and Jalisco state being the origin of all tequila, Puerto Vallarta has all the elements of a party just waiting to happen!

Beautiful beaches, myriad water sports, and great restaurants combine to make an enticing vacation destination. Add a lively art scene, modern, convenient shopping options, top-notch, state-of-the-art health care for much less than in the United Statesa large expat community with English widely spoken, and proximity to the United States, and you’ve got an attractive long-term living possibility.

The town of Tulum is at the center of the Ruta Riviera Maya. This area is among the most exotic and beautiful geographical areas on earth and is well located in the Yucatán peninsula, making it a great base for exploration in the region. Rocky coastlines offer with white-sand beaches, spectacular crystal-clear swimming and diving pools, tropical jungles, and remnants of Mayan temples. Together with the Mayan ruins of Tulum, the beaches are the crown jewels of Tulum. The area between Playa del Carmen and Tulum is a hotbed of resort and residential construction among the beaches and jungle. This area is among the most desired resort, residential, and tourist areas in the world.

Tulum's expat community is small, estimated at around 2,000 expats. It’s a great walking and cycling town. You'll love life in Tulum if you love hot weather, are adventurous, physically active, enjoy outdoor activities—especially swimming, snorkeling, and scuba-diving—and look forward to assimilating and enjoying the cultural differences Mexico offers.

"Hidden behind the image of its picaresque president for the last few years, Nicaragua is suddenly emerging as one of the top 10 retirement and vacation hot spots in the world," writes Central America Correspondent Michael Paladin. "Why? MSN, The Lonely Planet Guidebook, and the US News and World publications have been naming, promoting, and giving a lot of ink lately to the largest country in Central America. However, the international yard-stick of popularity is the annual tourist count. And, Nicaragua, for the first time ever, notched over a million visitors in 2010.

"Right now, Nicaragua offers three primary choices for the potential retiree: Granada, the Pacific beach town of San Juan Del Sur, and the off-the-beaten track old city of Leon. Old is relative in Nicaragua, with Granada claiming the prize for longevity: the Leones dispute this, pointing to the original city built on the slopes of a sleeping volcano. It is a question of two months, more or less, but the centuries-long claims dating from 1524 have never healed."

In a golden corner of Panama’s Azuero Peninsula sits the town of Pedasí. It’s a town with a village atmosphere—large enough to feel like you can live there, yet small enough to make you feel like an active stakeholder in a thriving community.

Pedasí is often considered one of Panama’s most authentic and charming small towns. Located right at the southeast corner of the peninsula, Pedasí is within a few minutes of numerous white-sand beaches and rocky headlands, with numerous sandy coves and hidden coastal delights nearby.

Pedasí caters day-to-day needs with small and medium sized supermarkets, two bakeries, and a dulceria (Dulceria Yely, a well-known sweets and cake shop), several restaurants, bed and breakfasts, and hotels. The region is primarily agricultural, and it is possible to find high-quality fresh produce. In addition, Pedasí has a public health clinic, two banks, a public library, and a small shop selling surf and beach wear.

What makes Dumaguete one of the best places in the world for the would-be retiree overseas?

In addition to her welcoming, friendly, English-speaking people, Dumaguete has a warm, tropical climate, meaning you can enjoy its world-class diving and snorkeling, whale and dolphin watching, and nature activities along the coast and in the mountains year-round. Medical care in Dumaguete is excellent and an absolute bargain compared with U.S. costs. Specialists charge about US$10 for a visit. In fact, Dumaguete is an incredibly low-cost place to live in general; a couple could live here comfortably on less than US$1,200 per month. In addition, the Philippines offers one of the best residency programs in the world.

"As a young adult, I dreamed of a tropical paradise where the sun almost always shined, it never got cold, and I could swim in the ocean whenever I liked. I dreamed of breakfasting on fresh papaya and mango, or sipping mango lassies while feasting on curry at a beach-side restaurant. Now those dreams, and more, have come true... I live on Olango Island in the Philippines." So begins the story of Philippines' Correspondent Victoria Clair, an American expat who has lived on Cebu for three years and just recently moved to Olango Island, a 20-minute boat ride from Mactan and the bridge to Cebu. Victoria's report details daily life on the island from finding a rental to shopping, the importance of good food, and the joys of living a back-to-basics lifestyle. about moving to and living on a Philippine island in this Country Retirement Report.

Europe’s most famous secret, Portugal has become Europe's most recent tax-free nation. New residents can benefit from zero inheritance, wealth, pension, and income tax in a country renowned for its excellent climate and great lifestyle. If your dream retirement includes fantastic weather, beaches, golf, great food, friendly people, fishing, boating, and surfing along with great tax incentives and long-term rentals, then this area of Portugal's Algarve coast is not to be missed.

Offering tranquil, affordable living options and an authentic view into the past, Lisbon is renowned for its warm hospitality, friendly atmosphere, and for having one of the lowest costs of living in Western Europe.

What's more, if you’re planning on buying a property here, whether for personal use or for investment, Lisbon has won several quality in construction awards. And what’s on offer is a wide range of properties to choose from in Lisbon and the surrounding areas. From beachfront properties in Cascais, Estoril, and Quinta da Marinha… to countryside villas in Herdade da Aroeira… or townhouses in classic builings in Campo de Ourique, Lapa, Avenidas Novas, Alvalade, and Av. De Roma… and urban apartment buildings like those of Parque das Nações…

This Country Retirement Report focuses on the town of Almuñécar on Spain's Costa Tropical. Whether you choose to live here part- or full-time, Correspondent Lucy Culpepper promises "the charm of a typical Spanish town with the best of northern European influences and services." Not forgetting the local beaches, markets, restaurants, attractions, and fiestas. As the mayor of Almuñécar puts it, "How could you live anywhere else?"

Valencia has been overlooked as a serious contender for retirement or investment, but it enjoys a wonderful climate, vibrant lifestyle, and great location and communications to the rest of Europe, on top of a highly affordable cost of living. Valencia wears its history on its architectural sleeve. Its Roman, Muslim, and early Christian past is all over, as well as its Gothic, Renaissance, and Baroque city at heart. With such a rich and varied history, Valencia is a fascinating mix of cultures.

Valencia is well-located, with fantastic communications links to the rest of Europe. France and the ski-slopes of tiny, tax-free Andorra are under a five-hour drive and the rock of Gibraltar is also within easy reach.

With an average temperature of around 70°F year round, Valencia has perfect weather conditions for an active, healthy and varied lifestyle. This part of the Western Mediterranean has some of the finest beaches in southern Europe. The mountains are within easy reach and the Valencian Community offers excursions to national parks and other sites of historical and cultural interest. Valencia offers theater-goers, music-lovers, and culture-vultures a plethora of variety and venues, from the Berklee affiliated Palau de la Musica (the Palace of Music) where you can hear world class jazz, to hip clubs and live-music bars. A round of golf at any of several Valencia golf clubs cost less than 100 euros.

In many respects, Hua Hin could be described as the
quintessential retirement haven - the San Miguel de Allende or Boquete of Southeast Asia, writes Southeast Asia Correspondent Wendy Justice. There are enough local Thai people to keep things interesting and you'll know that you're in a foreign country, but it need not be a total immersion. There are plenty of expats and activities available to help ease the transition to a new country.

Hua Hin is an ideal destination for people who are considering the advantages of expatriation but reluctant to give up the comforts of home. New arrivals in Hua Hin appreciate the cleanliness of the area, the widespread use of English, the lack of corruption, and the relatively low-cost, high standard of living. This is a very attractive town for retirees on a moderate budget. Secure and modern gated subdivisions are plentiful. Investing in real estate is a lucrative business in Hua Hin, and thousands of foreigners have purchased homes and condominiums here. Despite its popularity as a resort town, Hua Hin has remained a tranquil oasis, far from worries...

There are miles of clean beaches, good year-round weather, a rich selection of restaurants in all price ranges, internationally accredited medical care, and nine golf courses. It's close to the cultural offerings of Bangkok, yet far enough away to be well removed from the capitals chaos. Mountains, caves, waterfalls, and abundant wildlife can be seen at the seven national parks within a two-hour drive from town.

Foreigners living here are involved in the larger community, going to meetings with the city council and exerting a real influence on the future of the city. They've brought a lot of their former lives with them too: reading clubs, jazz festivals, cycling clubs, soccer, wine-tasting, darts leagues, and more. There is something happening here almost every day...

You probably thought that the days of finding a house on the beach for US$75,000 were over... but, reports ORL's South America correspondent Christian MacDonald, they're not.

In this report Christian reveals a jewel of a South American country whose world-famous beaches run the entire length of its coast. Where one section of this coast has been overlooked since the 1950s... left back in time.

And it's here that you'll find the best seaside values available in any first-world setting. There's an incredible 30 miles of uninterrupted golden sands...of gentle sweeping coves and uncrowded beaches, and some of the country's best coastal towns for full-time retirement living. Small, friendly towns with shady, tree-lined streets and stately homes from another era.

Uruguay is the country that Christian reports from. It's a country that offers a peaceful, genuinely laid-back culture, along with a notable absence from the world's conflicts...a place where expats can obtain easy residency, and even a second passport.

This secure South American country offers a solid (and still-confidential) financial center, with an economy that actually grew during the recent worldwide recession...one that continues to draw investors from the world over, seeking a financial and political safe haven.

In this report Christian, a long-time resident of Uruguay, reveals the area of coastline that he has for many years chosen for Uruguay's best coastal value.

Latin America Correspondent Christian MacDonald reports from Uruguay, where he has discovered one of the world's best options for sophisticated seaside living in the little coastal town of La Barra. La Barra, as Christian explains, is also a place where you could generate good rental income if you were to invest now for a retirement home in the future.

Also in this report resident Retirement Planning Expert Paul Terhorst, retired overseas for more than 25 years, since the ripe age of 35, begins a conversation that could be one of the most important of your life.

Paul has survived no fewer than 12 "financial meltdowns" in various corners of the world. In this report, Paul tells you what you need (and don't need) to make the leap to retirement overseas. Paul also shares his tried-and-tested methods for setting yourself up in retirement in a foreign country.

Danang is the largest city on Vietnam's central coast. It's not a tourist town but has everything an expat might need, including a 4,200-strong community of foreigners.

SE Asia Correspondents Wendy and David Justice have passed through Danang on previous trips to coastal Vietnam, but this time they decided to stop and stay awhile. Looking more closely, they found a city that's clean, cosmopolitan, and progressive. Danang's My Khe Beach was voted one of the six most attractive beaches in the world by Forbes Magazine, and UN Habitat Asia awarded Danang the title of "Cityscape Asia 2014," honoring the various projects that have helped to make this city such a success.

Most foreigners who live in Nha Trang, Vietnam - and there are close to a thousand of them - seem to agree on one thing: once they have moved here, they say that they never want to leave. You can be footsteps away from one of the most beautiful bays in the world, or a short drive from some of the prettiest landscapes in Southeast Asia. Life here can be as adventurous - or as lazy - as anyone could desire.

What makes Nha Trang special is that it has so many things in its favor. The beach is wide and sandy, the ocean is warm and enticing, and the bay is enormously appealing. The mountains and rural landscapes invite exploration. However, there's more to a perfect retirement haven than having beautiful scenery; the city has been actively welcoming westerners to its shores since the 1920s and has a foreigner-friendly ambiance that helps even nervous new expats feel comfortable. English is widely spoken and understood and the local people are gracious, industrious, curious, and friendly. The food is delicious and varied...and the weather is comfortable year-round without extreme variations. And, perhaps high on the list of positives is that Nha Trang has one of the lowest costs of living of any city in Southeast Asia - low enough, at US$580 per couple, to suit even the most frugal retiree...Many people come to Nha Trang for a short visit or holiday and eventually return here to stay. Nha Trang is a very appealing place to live - for all the right reasons.

Our Asia Correspondents Wendy and David Justice have spent many months living in Nha Trang, and will be reporting in full in this Country Retirement Report.

The small town of Hoi An is a gem set along the central coast of Vietnam. In 1999, UNESCO found the old downtown’s remarkable mix of ancient Chinese and Japanese architecture a unique cultural treasure worthy of preservation and proclaimed Hoi An a World Heritage Site. For travelers, it is one of a handful of "don’t miss" destinations on the Southeast Asian "grand tour."

"You can shop in vibrant markets, visit ancient temples, and sample the healthy and unique cuisine particular to this town," writes ORL Southeast Asia Correspondent Wendy Justice. "You can have your clothes tailor-made by experts, be pampered in your choice of spas, improve your golf swing at internationally acclaimed courses, or while away the hours on the shores of the lovely South China Sea. Step back in time and wander the vehicle-free streets of downtown during the full moon, when lanterns and candles take the place of electric lights. You will get a sense of how it was when Hoi An was the busiest, most prosperous seaport in Southeast Asia."

For those who are considering a move to Vietnam, Hoi An may be an ideal destination. The town offers retirees and families a high quality of life at a deliciously affordable price - it has one of the lowest costs of living to be found anywhere. The rapidly growing expatriate community is dynamic and involved - one of the things that makes living in Hoi An particularly attractive. As expat entrepreneur Michele North explains, "It's all about community... Hoi An is amazing. If you come with a positive attitude, things happen." Find out if Hoi An could be your community in this Country Retirement Report.

Vung Tau was Vietnam’s first established seaside resort. Sun worshippers have been coming here to relax and unwind since 1870. In a country with 2,021 miles of coastline, that is an impressive distinction. Vung Tau is located in the tropical monsoon zone and, like much of Southeast Asia, has two seasons: rainy and dry. Due to its coastal location and nearly constant breezes, the air is refreshingly clean in Vung Tau.

Although Vung Tau is not a large city, there is more than enough to keep you busy here. There are some attractive temples and minor attractions, but the main draw is the beach. The coastal location and consistent breezes create favorable conditions for surfing, parasailing, and parasurfing.

There are dozens of bars and cafes where expats mingle, drink Vietnamese coffee or beer, and play pool. Vung Tau attracts a different type of foreigner. The majority of expats are retired, with a sizable percentage of foreign women who have taken up residency. It’s rare to walk down the street without someone offering a cheerful greeting and a smile.

Michael Paladin introduces you to the little-known town of San Cristobal del las Casas, high up in the mountains of Mexico's Chiapas state. This colonial town is far from over-run with Americans (think San Miguel or Oaxaca three decades ago). A quirky place with its distinct architecture, vibrant colors (from buildings to textiles), and revered stashes of coffee and amber, you'll feel like you've entered an entirely different world.

In the same report, Paul Terhorst offers suggestions for what you can do now to help your financial situation in case you haven't planned so well for your retirement.

If you've been following Kathleen Peddicord's writings in the daily Overseas Opportunity Letter, you're already acquainted with Panama. You know about the country's general attractions: arguably the world's best pensionado program, a stable economy, modern infrastructure, privacy and tax advantages, an affordable cost of living, affordable real estate, and world-class health care...to name a few...

El Valle is conveniently located 30 to 45 minutes from some of the Pacific coast's best beaches...and about two hours from Panama City (so you can regularly enjoy the best of the city, without its heat and humidity). Lucy Culpepper shares all her insider information on living, getting around, buying property, staying healthy, and making the best of your time in El Valle, where you can enjoy the best of Panama without the heat and humidity of Panama City.

Tagaytay sits atop a ridge that runs along the north side of beautiful Taal Lake and the Taal Volcano. Although it is only about an hour’s drive from the sprawling metropolis of Manila, there is nothing urban about Tagaytay. It’s a small mountain resort town surrounded by breath-taking scenery.

The standard of living is higher in Tagaytay than in most Philippine towns and cities. Many wealthy Manila businessmen and politicians maintain holiday villas here. Yet the cost of living in Tagaytay is still attractive for foreigners with a small budget. But it’s not only the low cost of living that attracts so many expats to the Philippines: the country has one of the best retirement programs for foreigners in the world.

This special report features the pretty mountain town of Pai in northwest Thailand.

Pai is a peaceful spot, where lovers of organically grown food and alternative living can really flourish and live a quiet but complete life. Southeast Asia correspondent Wendy Justice writes, "The crowds of dreadlocked 20-something backpackers of our previous visits have dwindled to be replaced by an older, more holistic and artistic population."

Apart from yoga, meditation, massage, and craft workshops there’s also the great outdoors to explore. Trekking, rafting, swimming in natural pools, and fishing are just a few of the activities available. There’s also good healthcare, English speakers are everywhere, and the cost of living is exceptionally low. A couple can live comfortably in rented accommodation for less than US$750 per month.

"We think that northwest Thailand is one of the prettiest, off-the-beaten-track places in all of Thailand," writes Wendy. "There aren’t any sparkling shopping malls here, full-moon parties, or raunchy bars...Pai is just a pretty little mountain town with laid-back, welcoming residents, and some of the finest scenery to be found anywhere in Southeast Asia."

Most outsiders only know the country in Hollywood clips, blips, and larger-than-life personas, from Evita (as played by Madonna) to the incredible soccer greats like Diego Maradona and Leonel Messi. And let us not forget the Pope is Argentine. Buenos Aires’ most famous cultural export is tango, the song and dance filled with passion, sensuality, longing, and nostalgia that does so much to explain the essence and character, culture, and creativity of Buenos Aires.

Wherever you are in the city, what is certain is that something is happening. Buenos Aires deserves a nickname like “the city that never sleeps,” as it is alive with activity at all hours of the day, every day. Those looking for a culturally rich city will feel inspired and fulfilled in Buenos Aires. While it is lively and abuzz with activity, the Buenos Aires lifestyle also encourages people to slow down and smell the roses. Flexibility, resilience, and openness are key to making any big move abroad, especially to Buenos Aires.

A major cultural revival is underway in this SE Asian capital city and it's affecting every part of daily life. In this report Cambodia expert Robert Carry writes that the arts, dance, food, religion, music, and even clothing are thriving after years of repression. Tourist numbers are exploding--up 180% since 2004--which is often a precursor to developers moving in and property prices zooming up. It'll be a while before that really takes a grip so take a look now and see what's happening in Phnom Penh today.

"The city's ambitious, unceasingly optimistic people have injected a new vibrancy that in the dark days of Khmer Rouge rule looked to have been lost for good. Throw in weather as warm as its locals, rapidly improving infrastructure and healthcare, and an amazingly low cost of living and it's easy to see why many visitors are now choosing to call this place home."

There are few cities in the world where you can enjoy brilliant, 81°F days, with 62°F nights, every day of the year; where you'll enjoy fresh fruits and vegetables year 'round, and never need to pay a home heating bill, own a snow shovel, or put on a jacket.

And few cities offer world-class, affordable healthcare, a solid, first-world infrastructure, including high-speed Internet and drinkable tap water, and cultural amenities like orchestra and theater...plus the stimulating lifestyle that comes with a town that hosts 10 universities.

But in this Country Retirement Report, Lee Harrison gives you an insider's look at a retirement haven that meets all these criteria. It's a fascinating, little-known city, hidden away in Colombia's interior.

And best of all, you can live here comfortably for around US$1200 per month, and buy a modern home for under US$75,000...while investing in one of Latin America's strongest economies.

From its Spanish-Colonial center to the elegant upscale neighborhoods, this is the heart of Colombia...the genuine article.

Get ready to explore this unknown haven in this Country Retirement Report.

"From the eclectic galleries and cafes of Astorga, to the shady, tree-lined streets of Manila, to the gleaming business district in El Poblado, Medellín may have more to offer the expat than any destination we cover," writes Lee.

"Gone are the days when Medellín’s 1980s reputation kept people away. Today, retirees, investors, entrepreneurs, and second homeowners are coming in record numbers. They’re women and men...singles and couples...young families with kids...and working folks who just enjoy a change of scenery."

Once you’ve read Lee’s report, I think you’ll be so enthused by what Medellín has to offer, you’ll be asking yourself how soon you can book a flight to find out for yourself what all the excitement’s about.

Pereira, one of the cities that make up the Coffee Triangle, along with the nearby cities of Armenia and Manizales, has stunning scenery, picturesque small pueblos,bountiful natural resources, and many opportunities for hiking, photography, horseback riding, and much more.

Like Medellín was 10 or more years ago—before all the positive press brought so many foreigners to the one-time drug capital of the country—Pereira is located in the mountains at about 5,000 feet with pleasant year-round climates. But, the cost of real estate in Pereira is typically at least 20% to 25% cheaper than in Medellín.

The city’s water is drinkable, and it boasts well-maintained roads, dependable phone service, electricity, and high-speed Internet. You’ll find many shopping options, from mom-and-pop stores to upscale boutiques… as well as several large, modern shopping malls.

Pereira has a fairly small but growing expat community... but it’s much smaller than those found in larger cities like Bogotá and Medellín. Notably, full-time Pereira expats frequently cited the lack of expats as being the very thing that attracted them to and kept them in the city. They came here to get away from fellow foreigners, they don’t want Pereira to become the next gringo hot spot…

"Although I have a tendency to steer clear of capital cities when considering an overseas relocation, Zagreb caught my eye," writes our correspondent Siri Lise Doub. With its ideal location (a perfect base for exploring other European cities), good infrastructure (you won't need a car), diverse leisure opportunities (ski in the morning, lay on the beach in the afternoon, and catch an opera in the evening), as well as a reasonable cost of living, it turns out that Zagreb is not your average capital city.

Moreover, you will find out what are the strategies for dealing with currency fluctuation...

Take an in depth look at Cuenca, Ecuador--the country that Publisher Kathleen Peddicord has named the cheapest country in Latin America. Our reporter, Christian MacDonald, concurs: "In my opinion, the country of Ecuador is the best deal out there when it comes to an overseas retirement destination...and Cuenca is the best that Ecuador has to offer."

Expats here can take advantage of "a cost of living that's among the lowest in Latin America...real estate prices that are unheard-of in a city with such a rich quality of life...an unbeatable retiree benefit package...and a thriving expat community surrounded by a warm and welcoming people who make you feel like you really belong."

"Wedged between Guatemala and Honduras, and bordering the Pacific coast, El Salvador is the smallest country in Central America. It's also the most densely populated and considered to be the most beautiful. From everything I've seen, its roads are the best in Central America and the gas stations are new, large, clean, and offer something called 'service' to the pumps: window cleaning, tire checking, and a smile," writes Central America Correspondent Michael Paladin.

"To make things even easier, all prices are in U.S. dollars. No liters, just gallons. El Salvador may be the easiest country in Central America for a visitor from the U.S. to find his bearings. The rental of a two-bedroom apartment in the better sections of San Salvador range from US$500 to US$800 a month, furnished. Meanwhile, new three-bedroom/two-bath apartments are offered for $115,800 with financing."

Walt Disney is said to have been inspired by its towers, turrets, and ramparts and you can understand why when the sun rises up over the medieval city of Carcassonne in south east France. It's easy too to imagine a knight galloping up the cobbled streets, and dashing through the portcullis to save his princess. In fact Carcassonne, at the heart of Cathar country, was first recorded in pre-Roman times; it was, and continued to be for centuries, an important fortification with views up and down the Aude valley – west towards Castelnaudary and east to Narbonne and the Mediterranean; to the south tower the Pyrenees Mountains and to the north the Montagne Noir or Black Mountains.

Today, the city of Carcassonne - the capital of the Aude department in the Languedoc-Roussillon region of France - has two parts to entice full- or part-time residents and investors: The medieval Cité (a UNESCO World Heritage Site) up on a plateau on the right bank of the river Aude and the Bastide Saint Louis below the Cité on the left bank. The Bastide, commissioned by Saint- Louis in 1260, was built in an easy to navigate grid pattern. Though the medieval Cité is where the tourists head to, the Bastide is where most live.

Just 10-minutes drive from the center is a stunning 18- hole golf course, and a natural leisure park with freshwater swimming, hikes, and picnicking. Within an hour from Carcassonne you can be sunning yourself on the sandy beaches of the Mediterranean, and within 90 minutes skiing in the Pyrenees. There are thousands of acres of vineyards producing many award-wining wines to visit, the wilderness of the Black Mountains and the Corbières hills to explore, awe- inspiring medieval castles to discover, the cosmopolitan city of Toulouse an hour west along the freeway, and Spain just a hop and a skip across the border.

Lucy Culpepper writes, "If you're drawn to the Old World and history, have a love of wine and good eating, have a relaxed temperament and like to get out and explore, Carcassonne would be an exiting place for you to consider for full or part- time living."

This Country Retirement Report features one of Kathleen Peddicord's favorite parts of the world, Paris, and specifically one of the most sought after locales in Paris, the Marais. It's a location that's not low cost, for sure, but once you get stuck into Parisian living, (and you've survived the sticker-shock of the cost of renting or buying) it's not as expensive as you may think. And in fact some of the reasons for moving to Paris—the history, museums, moonlit walks along the Seine, cheese, wine, and even baguettes—are either free or very reasonably priced.

American expat and part-time Marais resident Abby Gordon shares her experience of living there. From the restoration of her now beautiful one-bedroom apartment to "a day in the life of," Abby writes about every aspect of living as an expat in one of Paris' most historic and favorite arrodissements. She covers the history, where to eat out well for less, how to locate other expats, where to shop for everyday goods, how to get about...simply how to make the very most out of living in the Marais in the heart of the City of Lights.

This overlooked colonial city in the heart of Central America has plenty to offer the would-be foreign retiree. Correspondent Michael Paladin recently set up home in Antigua and reports that real estate is affordable, the people are friendly, the climate is perfect with little to no humidity, overseas income is free of local tax, and you can live a very good lifestyle for less than US$1,400 a month, including regular entertainment, eating out, and a furnished rental at US$800 monthly.

In fact, though, you could live in Antigua on much less. For, as Michael explains, you could rent small and basic in this town for as little as US$250 a month. That'd make your total monthly budget but US$850. Own your own place, and you can do away with rent altogether...meaning you could enjoy life in this beautiful colonial city for as little as US$600 a month...

"There is a saying in Asia," writes Asia Correspondent Wendy Justice, "that the Vietnamese plant the rice, the Thais sell the rice, and the Laotians listen to the rice grow. It seems as if everyone who visits delightfully laid-back Laos falls in love with the place. Laos exudes "mellow". While the rest of Southeast Asia seems to be changing and modernizing at break-neck speed, Laos ambles along, taking plenty of breaks along the way.

"Vientiane feels like little more than a large town. With a population of about 740,000, there are no skyscrapers here, no malls or hustle and bustle...But there are outstandingly beautiful Buddhist temples, lively markets, museums, and a fine assortment of local and international cuisines...

"In some ways, being in Vientiane is like stepping back in time. It is a peaceful city where relationships mean more than commerce. It's a social place where friends are easily made. Whether at the coffee shop, the riverfront, or at the market, life here is friendly and relaxed. Vientiane is a quirky cosmopolitan city with a quaint village feel, offering a lifestyle that has attracted a steadily growing number of foreign residents."

"Ipoh is an enticing destination that offers many incentives
to Westerners interested in relocation in Southeast Asia. Known as ‘The City Built on Tin,’ ‘The City of Millionaires,’ and ‘The City of Bougainvillea,’ Ipoh is also an increasingly popular retirement haven for Malaysians in-the-know, who claim that its fresh air, clean water, and relaxing lifestyle not only improves the quality of life but also promotes longevity," writes Southeast Asia Correspondent Wendy Justice.

"Despite having a population of over half a million, Ipoh feels like a small town. You can expect first-world healthcare and a modern infrastructure, but no overcrowded city center packed with skyscrapers and high-rises. Ample opportunity exists to mingle with friendly locals who speak fluent English. You can take a step back in time to Ipoh’s British Colonial heyday or wander the maze of narrow streets and alleyways in Ipoh’s large Chinatown...

"Ipoh boasts one of the lowest costs of living in Malaysia. Its large suburbs offer quiet and comfort for all budgets and lifestyles. Whether you prefer relaxing days at the country club, testing your limits with rugged outdoor adventure, or socializing over a cup of Ipoh’s famous "white coffee," you can live a five-star lifestyle on a three-star budget in affordable, Ipoh.

"The Malaysian government actively encourages foreign residents to relocate to their country. Lenient immigration policies make Malaysia an easy country to live in for months or years, with or without a retirement visa. Exotic in enough ways to keep it from feeling ordinary, but familiar enough to be comfortable, Ipoh provides an intriguing blend of ancient Oriental and modern Occidental cultures. Ipoh’s prime location, low cost of living, English-speaking locals, and sumptuous food are but a few of the many reasons why the ‘City Built on Tin’ might be your perfect overseas retirement home."

"When we write about a place, we try to imagine ourselves living there, writes Southeast Asia Correspondent Wendy Justice. "Some places are beyond our imagination and we won't consider them as a long term location for our own retirement. But occasionally, we find a gem that far exceeds our expectations; Johor Bahru is one of those places.

"Johor Bahru offers a high quality of life and a developed infrastructure that is only going to get better as the Iskandar Malaysia project matures--a multi-faceted development corridor that will be three times the size of Singapore. Overall, the cost of living is comparable to that in Kuala Lumpur and slightly higher than elsewhere in Malaysia, but it is still quite affordable for retirees with a moderate income. Younger people will find that JB offers a great deal as well, especially those who have children. Good international schools, plenty of playgrounds, and a proliferation of theme parks make family life good here."

The eco-friendly city planning at the core of the huge Iskandar Malaysia project is changing the landscape of this region. Beautiful new housing developments are sprouting up everywhere, making JB's suburbs very desirable places to live. Parks, a new hospital, a library, and nearly a dozen new universities and international schools offer more reasons for foreigners to plant their flags here.

There are 17 golf courses in Johor State, making this area a golfer's paradise. Golfers and non-golfers alike can enjoy visiting one of the many spas, malls, or fine-dining establishments found throughout the area. And then, of course, there's Singapore, located just 1,056 meters across the Causeway.

Read why Wendy and David Justice have fallen for this Malaysian gem in this report.

Asia Correspondent Wendy Justice writes, "In some Asian cities, it's easy for a foreigner to feel something akin to a walking wallet. Not so in Kuala Lumpur."

"Here, foreigners pay the same prices as the locals. People want to know you. Health care is first-rate, public transportation is modern and efficient, and the tap water is safe enough to drink. Beautiful beaches are just a short drive or flight away, cool mountain retreats can be reached in less than an hour, and the thriving city-state of Singapore is easily accessible in a few hours by car, train, and bus or an hour by plane. It's an easy city to stay in for a few weeks...or even a lifetime."

And, if all that isn't enough, Wendy continues:

"Immigration is easy, and it is possible to stay for an extended period with a simple tourist visa. Although KL is more expensive than rural Malaysia, it is marvelously inexpensive by Western standards. You can realistically expect to cut your living expenses by a third and still enjoy a lifestyle comparable to what you are accustomed to now."

Could Kuala Lumpur be the right place for you? Find out everything you need to know about Kuala Lumpur, Malaysia here.

If living in a modern city in the heart of "wild" Borneo piques your imagination, you'll find that Kuching will meet , or even, exceed your expectations. Kuching offers its residents a generous helping of laid-back charm along with a high standard of living.

Outdoor enthusiasts will be more than happy with the opportunities here &ndash from pristine beaches, virgin jungles, and unparalleled exotic wildlife to golf and hiking in the cool highlands. This is the land of endangered proboscis monkeys, orangutans, the world's biggest flower, and the elusive hornbill.

Those preferring city life, can take pleasure in plentiful shopping, museum hopping, and abundant culinary delights. Whether you prefer the cosmopolitan life or the great outdoors, you'll be immersed in the unique culture of this region, interacting with the indigenous community and gaining appreciation for the distinctive arts and traditions of a people found nowhere else in the world.

Incentives for permanent residency are even more generous here than they are in the rest of Malaysia and the cost of living is low. It is quite possible to find comfortable homes that rent for around RM 1,000 per month—that's less than US$350.

Kuching is a cosmopolitan city that offers the comforts of living in the developed world. There is good medical care available, well-maintained roads, and modern infrastructure. The name Kuching is derived from the Malay word for "cat," and the city seems to have a certain lazy and content feline quality about it. Kuching could be a purrfect off-the-beaten-track retirement destination for the slightly more intrepid soul.

A low cost of living is important but not sufficient for a fulfilling life. If your wish-list for an overseas residence also includes a moderate climate, good food, old-world charm, friendly people, lots of culture, and engaging activities in a vibrant community, then this Country Retirement Report will make you wonder why you still haven't made the overseas leap! This is romantic Old Mexico at its best - colorful, beautiful, passionate, and captivating... a place to rekindle your love of life and re-awaken the romance of your youth. At just two hours flight time from Texas and located in the heart of Mexico's Colonial Highlands, Guanajuato is still just a tiny blip on the expat radar. The small foreign community (about 300 folks) is large enough to provide fellowship and support for new arrivals, yet small enough that there's no doubt that you're living in a vintage Mexican town. Living in Guanajuato for 13 years with his family, Mexico Correspondent Mike Anderson delivers an insider's story revealing why Guanajuato is so much more than just another quaint World Heritage City.

"From its showcase botanic gardens, public parks, and nature reserves, to community vegetable plots and well- kept private grounds, Christchurch, New Zealand deserves its status as a garden city," writes New Zealand Correspondent and resident Liz Martyn.

With a population of 367,700 Christchurch is a small city, by world standards, but it’s New Zealand’s second largest and the gateway to the scenic delights of the South Island.

Situated in the Pacific Ocean, New Zealand has been ranked by the United Nations as the world’s third-best country to live in. It is renowned for its stunning landscapes and clean green image; a stable Western democracy far away from many of the world’s trouble spots but well-connected and engaged in world affairs.

In this special report, Liz Martyn describes that Christchurch despite, or maybe because of, the recent earthquakes, is a vibrant and developing city. The Earthquakes in 2010 and early 2011 that destroyed many buildings have created an opportunity for a modern rebuild. "It's an exciting time to be in Christchurch" writes Liz. "Community is stronger than ever, and the fact that the city continues to function is testament to the excellent city planning and infrastructure here -- the chance to view the forces of nature and the innovative response of people is unique." As well as rivers, wine country, beaches, ski fields, mountains, and thermal springs World class dining, entertainment, arts, recreational and festival attractions are on offer and are all on the door step.

You could live well in Nicaragua's most charming colonial city on less than US$1,000 per month. Correspondent Michael Paladin introduces you to our favorite city in Central America ,a little city with a long history where you can travel around by horse-drawn carriage and pass the balmy afternoons in a rocking chair on the wide front porch of the historic Alhambra Hotel overlooking the always-busy central square.

Also in this report, Resident Retirement Planning Expert Paul Terhorst explains how your credit card company handles overseas transactions, and why you can be better off parting ways with your plastic before you leave home.

Panama City has many neighborhoods that a foreign retire would find comfortable--Costa del Este, Casco Viejo, and Punta Pacifica, among others. All of these neighborhoods have their benefits and drawbacks, but few are as central, as eclectic, as welcoming, as interesting, and, in the current market, as affordable as El Cangrejo. El Cangrejo ("The crab") sits between the prestigious La Cresta and Obarrio neighborhoods, and some say that the place was named for the way the quiet, tree-lined streets protrude from Via Argentina, like the limbs of a crab. El Cangrejo is a popular relocation choice among young entrepreneurial expats and retirees who want a neighborhood with character and countless amenities--banks, hospitals, restaurants, casinos, and nighclubs, all within walking distance. This report, brought to you by our Panama Correspondent Rebecca Tyre, provides all the essential information for establishing yourself in this trendy and very expat-friendly neighborhood, one of our favorite in all Panama City.

For some, tropical sunshine doesn’t replace Continental charms. But who could afford to retire to the Continent? This report shows that a couple could retire to Barcelona, Spain, one of the Continent’s most appealing lifestyle options right now, on a budget of as little as 1,700 euro per month, including rent. Barcelona is the economic, cultural, and administrative capital of Catalonia, situated in the northeast of Spain, on the shores of the Mediterranean Sea. Barcelona has four seasons, none of them with extreme temperatures.

To experience what Bangkok has to offer, you need to spend some time here. Your first impressions may be that Bangkok is a huge, sprawling city with a few major tourist attractions, a lot of bars, and a decent food scene. As you stay longer, though, your perception of Bangkok will likely change. You’ll appreciate the ease of obtaining a long-stay retirement visa and the low cost of living. You’ll find that relatively cheap rent, bargain street food, and inexpensive transportation are definite benefits to living here. If you don’t mind living simply, you can get by on a monthly budget of well under US$1,000 per month. If you can manage a budget of US$3,000 per month, you’ll be living like royalty.

Medical care in Bangkok is outstanding. Internationally accredited hospitals and clinics provide top-notch care at prices that are a fraction of the cost of Western health care. Year-round warm weather, dozens of golf courses, and easy access to some of the nicest beaches in Thailand provide further incentives for retirees.

A recently constructed, state-of-the-art public transportation system has made it much easier to get around. There are now plenty of five-star hotels and restaurants that provide top-end luxury. Art galleries, philharmonic orchestras, and luxury spas offer upscale entertainment, though there is still plenty of the grit that made the city so popular with GIs back in the 1960s. Bangkok is a city that has something for everybody, which explains why more expatriates live here than in any other city in Southeast Asia.

Attracted by the affordable housing options, the modern infrastructure, and the Western amenities, at least 17,000 foreigners have chosen to make Chiang Mai their adopted home. You can live in Chiang Mai for as little as US$775 a month, enjoying first-class medical facilities in a country known for medical tourism. Advantages aside, could you live so far from home? Correspondent Wendy Justice explains both the positive and negatives of a new life in the Land of Smiles.

Also, should you keep your home "back home" when you move overseas? Resident Retirement Planning Expert Paul Terhorst answers the questions you'll have to ask yourself sooner or later.

"Nestled at the base of the foothills just east of Thailand's highest mountain ranges, Chiang Rai is in an ideal location," reports Wendy. "With a population of less than 100,000, Chiang Rai offers an intimacy that cannot be found in a large city. Lying at the heart of the infamous Golden Triangle, where Thailand, Burma and Laos converge in what was once the world's largest opium-producing region, there's still plenty of mystique here. Thick, cool forests, majestic waterfalls, elephant camps, and some of the most diverse hill-tribe villages in the world are located just a short distance outside the city. Hot springs await you where you can soak your cares away.

"Chiang Rai has largely escaped the breakneck pace of 'development at any cost' so prevalent in much of Southeast Asia. Beautiful Lanna-style teakwood homes, tucked away behind vast arrays of flowering fauna, grace the quiet streets that make up most of the city. Rental prices are extremely low, and you get a lot of house for your money. Although there are internationally accredited hospitals here, and some large shopping complexes just minutes from the city center, a small town ambiance prevails.

"This is a peaceful place, full of parks, beautiful temples, and attractive architecture, plus miles upon miles of nearby mountains and countryside to explore..."

"Hanoi," writes Asia Correspondent Wendy Justice. "Breathtakingly beautiful, graceful and gritty, it seems as if every neighborhood, every street corner, every peasant, every sidewalk vendor, each uniform-clad schoolchild and every narrow building begs for a photograph. Arising jubilantly from the ashes of war, Hanoi is quickly regaining its place in the world.

"The post-war Socialist-Communist way of conducting business has gradually given way to a new economy. Now, for all intents and purposes embracing a free-market society, the cultural and traditional capital city of Hanoi is thriving, growing, and maturing, defining its place in the global community. The frenetic pace of life; its teaming streets filled with unbridled energy, make Hanoi one of the most exciting and interesting cities in the world."

Contributing Writer Siri Lise Doub takes you on an unforgettable journey into the heart of Argentina's wine country--a region that offers a most enviable lifestyle...on a very affordable budget. And you don't need to be a wine aficionado to fit in down Mendoza way. As Siri Lise explains, there's a lot more to "the next Napa" than its grapes.

Meanwhile, Paul Terhorst discusses why shrewd retirees should consider switching from income-based to asset-based thinking (and spending). See page 3 of your issue for details on how this approach has worked for Paul, Warren Buffet, and the Argentine nation...to name a few.

Belize correspondent Phil Hahn reveals a place of stunning landscapes and natural resources where you camn live a luxury lifestyle for US$1,145 a month. And, despite an established expat population, property prices are still "local." Among Phil's best finds is a 3,200-square-foot villa--with a separate guesthouse--for US$125,000.

In the same report, Paul Terhorst asks what we've learned from the recent global meltdown...and how we can better prepare for future busts.

Contributing Writer Siri Lise Doub gives life to Hangzhou, a land of lakes, water gardens, and elegant pagodas, where many expats have already found an earthly paradise. There's a lot to learn about life in this delightfully affordable part of the world, from property ownership to running a business.

Also, Paul Terhorst puts forward a new model for financial planning that couldn't be more timely.

"I lived in Ecuador for many years," writes Lee, "and if I were to return as a resident today, Loja is where I'd live." You really can't get a better recommendation than that!

Loja is a little-known, off-the-gringo-trail city in Ecuador's southern Andean range. As with many choices in Ecuador the climate is pleasant, the cost of living is low, there's great healthcare, and the people are friendly, but I think the fact that it's Lee's #1 choice really raises a green flag for me. (Lee actually does raise green and red flags throughout his article, alerting us to the good and the not so good aspects of living life in Loja.)

"This region nestles up to the Spanish border over on the Atlantic coast; it extends north to the River Adour and east to the Béarn region which it shares with the Pyrenees-Atlantiques department. The scenery is intense: small steep valleys, rolling hills, towering mountains, meandering rivers, a wild coastline, forests and woodland, all crammed into about 31,000 square feet. And all gloriously green and lush, for here there's a classic mild, humid, oceanic climate.

"The Basque coastline is the crown of the region and is dotted with jewels: Biarritz, Bayonne, St Jean de Luz, Hendaye, and tiny Guéthary. My full report of the region will hopefully whet your appetite and get you over here to explore for yourself."

Describing the history of beret-making in the French town of Nay (sometimes called "Little Manchester"), Lucy Culpepper is careful to point out that Nay is "no dirty industrial town." It seems the French never compromised on style, even through peak production. Nay is just one of the many attractive towns and villages dotted around France's Béarn region, the focus of this report. With so much on offer around the region, Lucy found it difficult to recommend any single town, but finally settled on two, Nay and Morlaas, since:

"They are a good size; not too big or too small. I've found them both very welcoming, they both have every facility and service you need, they both have an interesting historical center, and they are both set in beautiful, though different, countryside."
Also in your report:

• Forget economics: Paul Terhorst explains why you need to make decisions based on your own costs.
• Five property opportunities from gated developments...

France Correspondent Lucy Culpepper takes you on a journey through the medieval villages of the Languedoc region of France...the "other" South of France...where Lucy talks to expats about their experiences living their dream in French wine country, their newfound quality of life, and the rich history of one of this country's least-discovered regions.

Also, Paul Terhorst explains how to spot a Ponzi scheme and what to do if you still think you're smarter than the other guy.

Guatemala Correspondents Mike and Ana Anderson have a 37-year relationship with Antigua. Now they have returned, many years after they first left, to establish a new second home in this beautiful colonial city.

Mike writes,"Antigua combines a moderate cost of living, moderate climate, good food, old-world charm, friendly people, lots of culture, and engaging activities to create a vibrant and welcoming community for expats seeking solace and tranquility from the lunacy of the modern world."

Mike and Ana deliver a bumper summer in this special report. There are bonus online pages on what to see and do in and around the city and info pages on how to set up a business in Antigua. Also included is an interview with two young French expats who have started a chocolate museum.

When abroad, even the smallest things...for instance, how coffee is brewed...can come as a shock (or a mouthful of grinds to the uncultured drinker). The Balinese, reports Wendy, our correspondent, don't see the need for coffee filters. However, the challenges Bali presents you with must be overshadowed by its beautiful beaches, low cost of living, tropical climate, and opportunity for Indiana Jones-style escapades.

Also in this publication:

• You're not Warren Buffet: Paul Terhorst discusses strategies for buying and holding.
• Five island retreats from as little as US$13,900...

Sanur is Bali’s oldest seaside resort and one of the most expat-friendly towns in Indonesia. Sanur doesn’t have the glitter, glamour, and frenzy of some of the nearby communities. There aren’t any noisy, pulsing discotheques, giant waves, or even any monkeys in Sanur. It’s a mellow and laid-back town just minutes away from all those things, and that’s really one of its main attractions. Those options are easily accessible and serve as the main tourist draws to the area, but Sanur is a mature town, perfect for those looking for a quiet, friendly place to reside.

Consider Sanur if you like the thought of living by a pretty beach located on a gorgeous, world-renowned tropical island, enjoying easy access to fresh and organic foods, eating at great restaurants, making friends with the genuinely welcoming local people, and meeting plenty of like-minded foreigners who have become enchanted with the laid-back lifestyle that this town offers.

Southeast Ireland is a region that, for the most part, is missed by most foreign (and even local) tourists. For the retiree seeking a piece of the old, traditional tranquil Ireland, it’s an area worth exploring. One of the most scenic areas here, almost untouched by the modern world, is around the town of Graiguenamanagh (“the village of the monks”) in County Kilkenny. Most of the visitors that are lucky to make it to this outpost do so by river, often on one of the colorful barges that moors along the quayside during the summer months. Quiet as this area is, you’re just under an hour from the bustling, artistic center of Kilkenny Town and its amenities. Although Irish property prices are starting to rise again, this is one of the slowest areas to recover, and I found a number of attractive properties currently on the market for under US$200,000.

"Most visitors to County Kerry head for Dingle, Killarney or the famous ‘Ring of Kerry," writes Ireland Correspondent Lynn Mulvihill.

"Meanwhile, the county town of Tralee is largely by-passed--apart from the week of its international Rose of Tralee festival in late August. Yet, it's a town that offers much more than one week of street entertainment. Here, you're surrounded by some of Ireland's most dramatic land- and sea-scapes, while remaining close to the conveniences of town...a welcoming town that preserves its past culture and history like no other...and shows little sign of the Irish recession."

Since property prices have dropped by 50% or more from their asking prices five years ago, the market in Ireland is ripe again for the foreign buyer...

"It won't be a cheap as chips retirement," says Lynn "but, if you're good at keeping to a budget--between 1,100 and 1,700 euro--you can certainly enjoy a good lifestyle here."

No over-crowding, no heavy industry, just the best of Italian country life. This is Abruzzo, the region of Italy our Euro-Correspondent Roseanna Keats has identified as offering one of the best lifestyle options on the Continent. Hidden away down its winding roads are castles, vineyards, and villages made of stone and memory. Life in Abruzzo hasn't changed much over the centuries, and coming to Abruzzo is like wandering into a gentler, kinder yesterday...a yesterday with little or no crime and neighbors who watch out for each other.

Abruzzo offers the best of country life but is minutes away from both the beach and skiing Every winter, the ski resorts in Abruzzo attract great numbers of weekend "fun" skiers from Rome and elsewhere. Affordable ski too, daily lift passes cost only 10 to 15 euro. Wine? You bet! The local favorite is Montepulciano d'Abruzzo, a deeply colored red, scented with blackberry and cherry undertones. Add the affordable cost of properties, and you have all the ingredients for retiring in style on Italy's Adriatic coast.

Situated on the eastern coast of Panama's Azuero Peninsula is Las Tablas, a town widely known for its outrageous Carnaval celebrations, where residents and tourists alike crowd the streets to dance to live tipico music beneath a shower of water sprayed down upon them from hoses on full blast.

Any other time of the year you'll find this place to be one of the most calm and comfortable on the isthmus. The food is affordable (I had a full lunch with my wife for a total US$5.50), the people are some of the friendliest you'll find anywhere, and everyone is relaxed. This is a one-stoplight town where women walk under the shade of their umbrellas, men don the traditional sombrero hats, and kids ride bicycles through their neighborhoods.

One expat couple I met while in town is renting a fully furnished, two-bedroom house where their front lawn is white sand and they can watch the ocean roll in from the comfort of their porch. This dreamy lifestyle sets them back only US$600 per month. What was this couple doing when I visited? Sitting out on their hammocks, reading books... not a care in the world.

Read more about Las Tablas, Panama, in this Country Retirement Report.

San Miguel de Allende has the small-town friendliness and hominess that most expats crave, set in a remarkably beautiful and sociable colonial town.

The historic center is a time warp back to the 18th century. Spanish-colonial architecture dominates, replete with close to 50 public fountains (and hundreds of private patio fountains). Most streets are still cobblestoned, either round or flat stones that make walking in high heels a perilous adventure. In 2008, the historic center of San Miguel de Allende (and the close-by Santuario de Atotonilco) gained UNESCO World Heritage Site designation. In 2013, Condé Nast Traveler magazine named San Miguel de Allende as the best city in the world.

San Miguel's 60-year artistic heritage is evident everywhere, from the patios of the Instituto Allende, to the dozens of art galleries and handcraft shops. If there was ever a craft, art, or activity that you wanted to learn, San Miguel is the place. Opportunities to meet other expats abound. Classes in two-to-three-dozen subjects are available at all times, and the number of charitable organizations is reported to exceed 100.

San Miguel is centrally located in Mexico, a good base for exploration of the country in all four directions.

Southeast Asia correspondents Wendy and David Justice report from Phuket in southern Thailand.

Phuket is known for many things, some of which I wouldn't recommend but many I would, such as the warm tropical sea, the sandy beaches, scuba diving, golf courses, beautiful scenery, and a low cost of living.

Many people's picture of Phuket is Patong (where the not recommended seedy nightlife is on offer) but Wendy writes, "There are nearly a dozen unique and welcoming towns, all with sizeable foreign populations. The weather is tropically warm, and English is widely understood. Medical care is superb and costs 20% to 80% less than it would cost 'back home.' A tremendous selection of restaurants, cinemas, water sports, and a pulsating nightlife offer endless opportunities for entertainment. Phuket has something for nearly every budget, too."

I hope you enjoy Wendy's report, which introduces you to all the attractions (as well as the warts) of beautiful Phuket, Thailand.