10 Places To Retire and Pay Way Less In Taxes
iStock.com/DC_Colombia
7. Ecuador
Ecuador has 3 climates – tropical Amazon jungles, cooler weather in the Colonial Cities and the warmer southern valleys. This Latin American country boasts sandy beaches, big cities and mountain regions all for you to explore.
Retirees can enjoy weekend getaways and Galapagos Island retreats for just $1,000 per month. It’s safe to say that your money will stretch much further in Ecuador. This country taxes incomes at 35%, but all retirement funds are exempt. If you want to buy up property here, the taxes range from just 0.25% to 0.5%.
