Posted by: Anni Orekh | January 31, 2011

Dominican Republic: Safest & Cheapest Place to Live Off Social Security

If you’re thinking about where to retire, you’ve probably stumbled on at least one of those Best Places to Retire lists online, in magazines, or in books. But which lists are credible? And which suit your circumstances? To find out, lahispaniolapossibilities blog reviewed them and came away with  three surprising results.

Perhaps the best way to use the “best retirement places” rankings is to start with a narrowly focused list (such as cities dotted with golf courses or ones with affordable homes) and find a handful of potential winning destinations. Then, use other lists and Web sites to see how these places stack up on broader criteria, such as livability or recession resistance.

Much of having a happy and productive retirement is about following certain tried, tested, and proven principles of retiring happy.

In these places you:

  • Will discover the most powerful tips, techniques, and secrets that can transform a boring retirement into an exciting one, including:
  • How to enjoy retirement regardless of your financial situation
  • How to realize a deep new love for life
  • How to free yourself from the burdens of the fear of retirement 
  • How to unleash the transformative power of your creative mind to enjoy leisure time like never before
  • How to put yourself firmly in command of your own retirement destiny
  • Important advice on how to choose satisfying leisure activities so that you don’t require a million dollars to retire happily
  • Special practical exercises to help awaken you to what leisure activities will turn you on in your retirement 
  • The encouragement you need to retire early and live life the way it was meant to be lived
  • Valuable tools such as The Get-a-Life Tree to create a retirement plan filled with satisfying leisure activities 
  • Life changing insights and real-life examples of how people are enjoying retirement
  • Proof that you are created to succeed at retirement life beyond anything you can imagine

 1.  A report by Liz Pulliam Weston for MSN Money, was said that  one of five retirees will have to live solely off of their Social Security checks. As such, managing the expenses of living can be challenging, particularly if safety and economics are you concern. However, collecting Social Security does not mean that you have to live uncomfortably. There are places in the United States where you can live safely and affordably off of your monthly Social Security checks. You also have the option of moving out of the country.

 

The Dominican Republic

This island is famous for its all-inclusive resorts without the constant buzz and frenetic pace of Cancun or Miami, which makes it a perfect getaway for families and couples.

Discovered by Columbus in 1492, the Dominican Republic is part of a small island in the Caribbean. The island is shared with the nation of Haiti. In 1978, it became a democracy and now is a tourist destination with a growing economy, fabulous beaches, friendly people and a fascinating blend of cultures.

DR delights and surprises all first-time travelers. There is so much this country has to offer: white sandy beaches, vast sugar cane plantations and magnificent colonial architecture.

Best retiree’s incentive program: DR offers the most attractive incentive program for foreign retirees anywhere in the world. It’s run by the Ministry of Tourism, so the program is simple and user-friendly. You can import your car, aircraft, boat, and personal belongings duty-free and another duty-free car every five years. International Living Magazine has named DR as their “Top choice for retirement destinations worldwide.
 
Granada, Nicaragua
Granada, Nicaragua is the perfect locale for those receiving Social Security checks, according to a June 14, 2010 story by Kathleen Pedicord for “US News Money.”

“You could live in Granada on roughly $900 monthly,” Peddicord says. Since the average Social Security check in 2010 is roughly $1,000 monthly, there would be some money left over after living.

As a colonial, tourist attraction, Granada, Nicaragua is renowned for being one of the safest destinations in the country. However, the beaches of Nicaragua can be unsafe at night as in other beaches  in Latin America.

Boquete, Panama
Boquete, Panama can be accommodating if you have a limited income because of discounts on a variety of everyday needs such as medicine and housing. Prescription drugs and closing costs on the purchase of home and property are discounted. If you are concerned about losing much of the freedom you enjoy in the United States and the depreciation of the limited dollars you receive, Panama offers a democratic government and a monetary system based on the U.S. dollar. In Boquete, like the entire country, natives are friendly and crime is low.

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories

%d bloggers like this: