4. Ambergris Caye, Belize.
Daytime — water sports. Nighttime — socializing. So goes life on this island paradise, which has retained its laid-back atmosphere thanks to less overdevelopment than you might find elsewhere.
Belize is uniquely welcoming, too, with the native language being English. It also accepts U.S. currency and credit cards, with lots of U.S. brands available in the shops.
Says the report, “For between $2,700 and $2,900 per month, a couple can enjoy a comfortable retirement in Ambergris Caye, including rent.”
But owning your own home here is cheaper yet, with “expats report[ing] it’s possible for a couple to live quite comfortably on less than $2,000 a month.”