20 Places Where You Can Retire With $150K

Uruguay

As one of the most affluent countries in South America, it might surprise you that Uruguay made the list. You’ll find a democratic government, Old World charm, modern infrastructure and amenities. You still get the four seasons of the US, but in South America on white sand beaches.

You can live in its second largest city, Salto, for only $800 per month quite comfortably. That covers housing, food and clothing.

You can purchase Uruguay’s mutualista health care plan for about $100 a month. That provides you access to clinics and private hospitals.

You have visa choices in Uruguay. The rentista visa requires you provide you have a monthly income of $1,500 per person. The foreign retiree visa lets you have duty-free import of personal items but requires an attorney to obtain. You will find it easy to gain residency but not citizenship in this country.