Category Archives: Holidays

Bolivia is the second Most Affordable Retirement Havens of 2020!!

International Living reports via Cision PR Web, excerpts pertaining Bolivia follows:

The 5 Most Affordable Retirement Havens of 2020—InternationalLiving.com

A new report from the editors at International Living explores the five countries that offer expat retirees the best quality of life at the lowest cost. These are the countries that scored the best in the Cost of Living category of International Living’s 2020 Annual Global Retirement Index.

BALTIMORE (PRWEB) JANUARY 14, 2020

“Affordability is one of the most important qualities of a great retirement destination,” says Dan Prescher, a senior editor for International Living, “especially if you’re trying to stretch savings, pensions, and Social Security as far as possible. Those are exactly the places that top the Cost of Living category of the Global Retirement Index.

“In fact, cost of living can be so affordable in these places that even a modest budget of around $2,000 a month for a couple leaves room for indulgences like a housekeeper or a gardener…or both. Affordability makes for a rich quality of life in retirement, and the countries at the top of the GRI’s Cost of Living category offer some of the highest quality of life possible for the least amount of money.”

The five countries that score best in the Cost of Living category of International Living’s 2020 Annual Global Retirement Index are….

Vietnam and Bolivia are tied for second place with 92 points.

Bolivia

Bolivia is one of only two land-locked nations in South America. But despite its lack of coast, the country has a wealth of riches in terms of geography, history, culture, and natural resources.

Bolivia is attractive to newcomers on many fronts thanks to the warmth of its people, the perfectly moderate climate in the highlands, the low-cost living, modern conveniences, and the rich and vibrant indigenous culture.

“The biggest surprise when I visited Bolivia was just how affordable it is to live there,” says Jason Holland, IL Roving Latin America Editor.

“Rents are $200 to $400 for places in good neighborhoods, meals out at nice restaurants run about $5 per person, and your weekly market trip will set you back $20.

“I met two single retired women, one who owned a home in the countryside, the other whose rent was $125 per month for a two-bedroom home in the colonial center of Sucre. Both have a monthly budget of $500 to $600.”

Sucre is in the foothills of the Andes Mountains in southern Bolivia. This medium-sized city of 300,000 people founded in the 16th century offers many reasons to visit or live here full-time. For one, the surroundings are beautiful. Its UNESCO World Heritage centro is full of centuries-old architecture. It’s simply a joy to walk around.

But Sucre is by no means stuck in the past. High-speed internet is widely available and cell phone coverage is good, too. Sucre also has its share of tourists, as it’s a jumping off point for tours to the Uyuni salt flats and for trekking into the highlands, and has somewhat of an international feel.
With welcoming people and a low cost of living, more and more are calling the Andean nation home. Jason says, “As one expat I met put it: ‘You can live well on a small pension in Bolivia.’

More details on the top five countries in the Cost of Living category of International Living’s Annual Global Retirement Index 2020 can be found here: The Cheapest Places in the World to Live in 2020

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About International Living

Since 1979, InternationalLiving.com has been the leading authority for anyone looking for global retirement or relocation opportunities. Through its monthly magazine and related e-letters, extensive website, podcasts, online bookstore, and events held around the world, InternationalLiving.com provides information and services to help its readers live better, travel farther, have more fun, save more money, and find better business opportunities when they expand their world beyond their own shores. InternationalLiving.com has contributors traveling the globe, investigating the best opportunities for travel, retirement, real estate, and investment.

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