6) Veraguas, Panama
Owning beach property in this Central American country will keep things easy-breezy in terms of setting up shop permanently. Panama has one of the most relaxed systems for ex-pats who want to become citizens. It’s also a great place to retire, with cheap accommodations, top-notch health care, and plenty of senior discounts. Veraguas, 3-hours outside of Panama City, is the place to invest in now. Depending on location, you can find apartments here between $500-$800/month. This may sound expensive compared to some other places on this list, however there are plenty more positives to counteract it. Other perks include the strong and unwavering economy, the ability to use the U.S. dollar as currency (no need to worry about losing money on the exchange rate!), and very little crime against foreigners and tourists. Add it up, and the sum is first world benefits with third world cost of living.
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