Time and again, we hear back from readers looking for a healthier lifestyle overseas. So in this year’s Annual Global Retirement Index, we’ve added a Healthy Lifestyle category. Finding a healthier retirement abroad is a key consideration for many expats. And while many countries on our beat scored strongly in this regard, Costa Rica earned top marks.
The sun is setting, giving the beach a golden glow. Moments ago the water was a cobalt blue, and I could see the tail feathers of the seabirds gliding above. Now a single cormorant bobs close to shore. I kick off my sandals and walk along the surf, letting it roll over my feet. The water is the perfect temperature. A bit cooler than the air around me, it feels refreshing…inviting.
Each year, my husband and I spend six months of the year living in Panama’s Chiriqui province. One of the many reasons we decided to live our snowbird lifestyle here was the lower cost of living. And it’s something I often hear from expats…affordable and good-value cost of living was one of the main factors in their decision to live here.
Santa Catalina is not one of those cute little towns you’re likely to stumble across as you explore Panama. That’s because it’s literally at the end of the road where the pavement meets the sand of the Pacific shoreline. From Santiago, the capital of Veraguas Province, it’s about a two-hour drive to get to the town of Santa Catalina. But why would you want to go? I visited there myself recently to answer that question.
On a sunny spring day last year, I spent a pleasant hour or so shopping at my local market. The produce was fresh and appealing, the fish and seafood incomparable. My produce included goodies like ripe tomatoes; big bunches of fresh greens; tender artichokes picked so young that they have no fibrous choke; and juicy oranges and plums. On top lay my purchases from the fish hall: a pound of small shrimp and another of freshly caught tuna, from which I got three thick tuna steaks. I filled two large shopping baskets with food, for a total cost of about $18.
Just three years ago, I would not have believed it possible. In spite of a family income of six figures, we were still not able to put much toward retirement. We were living in a great waterfront condo in Maryland, but at a cost. Our monthly expenses were over $6,000. Our HOA fees alone were almost $900. On top of that, property taxes were about $5,000 a year. We were happy living there, but I was resigned to working until I was 65, at least.
By choosing to retire in one of the world’s best bang-for-your-buck destinations, Rob enjoys a lifestyle well beyond his reach if he had stayed in the U.S. Every day he can choose to relax on the beaches around his home in the town of Sihanoukville, on the Cambodian coast, dine on fresh French croissants…rent a sailboat or go fishing on an offshore charter…
Life, as we all know, is full of contradictions. Even here in Panama City—my little slice paradise. I’ve been living here since 2005, ever since I quit my job sailing the world aboard luxury cruise liners. For my money, there’s no better location and no better value anywhere in the world.
If you drop by Dan and Mary Elizabeth Crofts home in Corozal, Belize, you might find Dan indulging in one of his favorite new pastimes…feeding the local iguanas. Mary Elizabeth explains, “We have a family of three that we have named: Greta, Gary, and their son, Genghis. They love bananas and we have a video of Dan feeding them”.
Frank and Dale Reams took their first vacation to the quaint fishing village of Puerto Morelos on Mexico’s Caribbean coast in 1998 and knew, instantly, that they belonged there. “We fell in love with this area and after several more vacations, we decided that Puerto Morelos would become our retirement home when the time came,” says Frank.