6. Colombia

Having shed its historical reputation, Colombia now shines as a vibrant, affordable destination with excellent infrastructure. The country rests on the equator, but the Andes mountains create wildly different microclimates depending on your elevation. You choose your weather by choosing your altitude.

Medellin, known as the “City of Eternal Spring,” offers year-round temperate weather, removing the need for heating or air conditioning. The city features a modern metro system, reliable high-speed internet, and a thriving cultural scene. The retirement visa requires proof of a monthly pension equal to three times the Colombian minimum wage—roughly $1,000 per month.

Healthcare in Colombia consistently ranks among the best in Latin America. The World Health Organization rates Colombia’s health system higher than that of the United States, and major cities host Joint Commission International (JCI) accredited hospitals. Living costs are exceptionally low; a couple can enjoy a highly comfortable lifestyle, including weekly maid service and dining out frequently, for $1,500 to $2,000 a month.