Ecuador

Ecuador's Pensioner Visa requires only $800 per month in income, the lowest requirement among all entries on this list, and the country uses the US dollar to eliminate currency risk. Living costs for a couple range from $1,400-1,800 per month, including rent and utilities, while discounts for retirees over 65 include 50% off utilities, travel, and entertainment. Private hospitals in Cuenca are modern and affordable, with a doctor's visit costing $30-50.