5 Best Places to Retire Around the World

3. Colombia

Insider Monkey Score: 5.2

Colombia offers the best infrastructure, beauty, and world-class amenities, without the hefty price tag. The cost of living for a single person ranges between $950-$1,200 only, allowing retirees to comfortably cover their expenses while still having the opportunity to save for the future. The picturesque Caribbean beaches, stunning Andean mountains, and lush Amazon rainforests can only begin to describe Colombia’s outstanding beauty and charm, providing retirees with endless opportunities to enjoy it. Bucaramanga is an excellent option when considering Colombia, owing to it being cheaper than other cities.