In Quito they not only save on rent, but on utilities, as well. For electric, water, internet, and cable TV, their monthly expenses are just $181, compared to the $610 they were paying in Las Vegas.
Not only do we have almost perfectly equal days with 12 hours of daylight and 12 hours of nighttime every day of the year, but we also enjoy a day-in, day-out temperate climate. Living right on the equator but with elevations ranging from sea level to 14,000 feet above sea level, you'll find a rainy season and a dry season in Ecuador and that's it.
A welcome surprise was how easily we formed these new friendships. You meet someone, perhaps while you're strolling around town. Before long, your social calendar is overflowing.
The best advice is this: Before you ever leave home, take stock of your financial world as it exists now and consider what your needs will be in your new overseas home.
In most of the countries I talk about, there is usually one stand-out place. Sometimes, two... But in Mexico, there are so many top options for living and investing on the table that it's hard to pick a winner.
Here are 11 things I've learned from the school of hard knocks after three international moves across three continents with two kids, a dog, a turtle, a husband, and two businesses.
'People find Panama surprising,' says Marianne Tobin, 76, of the country where she now spends much of her time. 'Many think only of the canal zone or the beautiful tropical areas. They have no idea that Panama has pine trees and meadows reminiscent of Switzerland.'
I am a big fan of little Belize. I've been recommending Ambergris Caye, Belize's Caribbean face, for years and, more recently, the country's Cayo District for its back-to-basics self-resilient lifestyle.
Make your decision about your needs with as much honesty as you possibly can. Because the choices you make after you decide to move abroad in the first place will affect everything to do with your quality of life once you go on your adventure.
With more than a million U.S. expats settled in south of the border, Mexico is the most popular choice for North Americans looking for a better life overseas.
We write about retiring overseas. It's what we know. And we admit we've not lived in the U.S. for 15 years now ... Still, we do know something about the retirement concerns of our friends and fellow baby boomers that are still working in the U.S. today. In just a couple of words: They're worried.
The French healthcare system, legendary for its excellence, is about to become much more accessible and affordable to expats.
If you feel 'stuck,' stressed out, or trapped in your current situation, I can't say that simply moving abroad will help you. But when you make that commitment ... when you make that leap ... something does fundamentally change inside you.
Sometimes it just pays to retire overseas ... not only an you live much more affordably overall, but you can treat yourself to experiences you might not have access to or be able to afford at home.
Could you afford to retire how you want wherever you want? The opportunity for you to do just that could be greater than you might imagine.
"How many people say, 'I have a dream to own a bar?'" asks Patrick, owner of the Irish bar that bears his name. "Well, I actually did it." Patrick, now 53, bought the bar in 2007 as a way to plan for his retirement. He has since transformed it into one of the most popular expat hangouts in the city.