International Living

8. Nicaragua

International Living is impressed by how much Nicaragua has changed in recent years — for the better. “Everywhere you look, there is progress, and the expat lifestyle gets easier and easier every year,” says IL’s editors. A few notable features: Great health care, low stress and an ability to live here for $1,500 a month.

You’ll also sometimes feel like you’re back home, since Nicaragua has stores such as Walmart and Pricesmart, selling everything from flat screen TVs to washing machines.

4. Costa Rica

International Living says Costa Rica has been hosting retirees and other expats for more than 30 years. It’s a safe, stable, laidback Central American country that has highly-rated health care and is known for welcoming foreigners.

It’s also a bargain. IL’s Roving Latin America Jason Holland says “you can fill your fridge with fresh produce from farmers’ markets for about $35 per week” and “rents start at $400 per month for fully-furnished condos or homes in nice areas.”

3. Ecuador

Ecuador has been at or near the top of International Living’s annual best places to retire index for years. A few reasons: excellent weather (you can choose almost any climate you like by moving up or down in altitude); affordable health care and real estate and an assortment of retiree benefits.

“Fitting in once you arrive is remarkably easy,” said IL Senior Editor Dan Prescher, who has lived in Ecuador with his wife for years.