12 Great Places to Retire Abroad on a Budget

Nicaragua

Among the lowest in terms of cost of living in Central America, Nicaragua gets its fair share of budget and adventure travelers who are drawn to amazing weather, vibrant cities, colonial architecture and idyllic seaside villages. Nicaragua’s past has been one as an epicenter of drug cartels, violent coups and political corruption, but fact now is that the country can be a delightful place to live well on a budget. Granada is perched upon the picturesque north shore of Lake Nicaragua, with a volcano in view to add to the postcard-perfect scene. Many expatriates have chosen this town and the community is very welcoming of newcomers.