Five retirement locations where expats can live on less than $2,000 a month; AP

Peru – Historical Centre of the City of Arequipa

Couples looking for cheap living costs in their later years need to be adventurous in their approach

Coronado in Panama once had pristine beaches and not much else. Today the resort town is a haven for retirees, with malls, fast-food joints and many speaking English.

“For all the world, it’s like you’re in a US beach town,” says Kathleen Peddicord, publisher of Live and Invest Overseas, a site and newsletter for people who want to work, invest or retire abroad.

That kind of retirement destination appeals to many who are looking for an established expatriate community where they may not have to learn another language, says Dan Prescher, a senior editor at International Living, another site for people interested in life abroad. Places like Coronado or Boquete in Panama, Puerto Vallarta or Ajijic in Mexico and Ambergris Caye island in Belize have been welcoming North American retirees for years.

If you’re looking for places before they become popular, however, you may need to be even more adventurous.

Read more from source: Five retirement locations where expats can live on less than $2,000 a month

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