5 Easiest Countries to Retire To

4. Colombia

Income Requirement: $800

Elderly foreigners who wish to call the beautiful and affordable Colombia their home, can apply for a Colombian Retirement (M) visa. The applicant must be retired and living with a creditable periodic income to apply for this visa. Next, if male, they must be 65 years of age. The minimum age requirement for females is 57 years. Also, they must have a minimum income of $800. The visa is granted for three years, after which it can be renewed.