20 Places Where You Can Retire With $150K

Chile

Chile also offers friendly citizens, exquisite beaches and majestic mountains. You’ll find bustling cities and mild weather. It’s politically stable and residents of this South American country live in comfort and safety.

For approximately $1,000 a month, you can lead a middle-class lifestyle. It pays for housing and other basics anywhere in the country, essentially. Add a few hundred to eat out often, hike and travel the country’s natural splendor.

Visit Chile a regular tourist visa. Once in the country, you can apply to change the visa type to retirement or income visa. That lets you remain in the country for one year. You must remain there at least 180 days out of the year to submit an application for permanent residency.

Unlike many of the countries, it has no minimum income requirement, plan for $1,000 per person per month for the initial two years.