10. Granada, Nicaragua
Why it’s on the list: Granada is a colonial city known for its affordability, proximity to Lake Nicaragua, and vibrant culture.
Cost of Living: The cost of living is exceptionally low, with affordable housing and dining options.
Taxes: Nicaragua offers tax incentives for retirees, including exemptions on certain income.
Climate: Granada enjoys a tropical climate with hot, dry winters and rainy summers.
Medical Availability: The city has healthcare facilities, including the Granada Health Center.
Housing: Granada offers colonial-style homes and apartments at affordable prices.
Languages Spoken: Spanish is the primary language, but English is spoken in tourist areas and by some expats.
Expat Retiree Community: Granada has a growing expat retiree community, attracted by its affordability and colonial charm.
When considering an overseas retirement destination, it’s important to research thoroughly and visit potential locations to assess their suitability for your lifestyle and preferences. While the prevalence of the English language can vary, many expat-friendly areas offer support networks and services to help retirees adjust to their new surroundings. With careful planning, you can embark on a fulfilling and enriching international retirement adventure.
