Places to retire!........ and Invest?

Places to Live and retire- (Part 5 of 5)  

Colombia

During 2016 the Colombian peso averaged an exchange rate of 3,100 pesos to $1 USD, making it an extremely affordable place to live. The actual costs will vary depending on exact location, but a monthly budget of $1,500 to $2,000 will allow not just the necessities of life, but also some great amenities like regular maid and handyman services.

Rental prices are low, too.

"In a medium-sized city such as Pereira, unfurnished three-bedroom, two-bathroom apartment rentals are in the $400 to $600 range, says International Living's Colombia correspondent, Nancy Kiernan.

"In the upscale El Poblado neighborhood in the city of Medellín, where I live, rents can be in the $800 to $1,000 per month range. Even at that, the costs are significantly lower than in most major U.S. cities."

Utilities (water, electricity, and gas) average $70 per month. High-speed, unlimited Internet, home phone and cable TV will be about $60 per month. Due to the temperate climate in much of the country, there is no need for central heating.

Colombia has a variety of options for those who wish to Teach others living there and many companies are paying good wages for that experience so research ahead of time and know just what you are getting into.

Banking is much different as well rates in Colombia will be more on the higher side if you come here empty handed and the opposite if you are able to show your value. Having a plan as with anything undertaken will enhance your experience and give you the style, comfort and options you want.