20 Places Where You Can Retire With $150K

Panama

Locations throughout Panama provide affordable choices. You could live in Panama City affordably. Rent on a one-bedroom apartment costs $1,000 per month. Food is also reasonably priced. A couple can have a fine dining data for about $50. It offers high-quality health care and low taxes, plus sunshine and nature. While its official language is Spanish, most people also speak English.

Apply for its retirement program, the visa pensionado, by providing proof of a monthly income of $1,000 from a recognized US source. You can reduce your monthly income requirement to $750 if you purchase a property worth at least $100,000 in the country. The visa provides medical care discounts, plus travel and utility discounts. This visa provides no age requirement.