
2. Cuenca, Ecuador
Why it’s on the list: Cuenca is a picturesque colonial city in the Andes known for its affordability and cultural richness.
Cost of Living: The cost of living is exceptionally low, with affordable healthcare and real estate.
Taxes: Ecuador offers tax incentives for retirees, including reduced property taxes.
Climate: Cuenca enjoys a temperate climate, with mild temperatures year-round.
Medical Availability: The city has excellent healthcare facilities, including Cuenca’s Hospital del Río.
Housing: Cuenca offers charming colonial homes and modern apartments at affordable prices.
Languages Spoken: Spanish is the primary language, but English is spoken in expat communities and some businesses.
Expat Retiree Community: Cuenca has a well-established expat retiree community, making it easy to connect with fellow retirees.