4. Ecuador

Ecuador has become a genuine paradise for the thousands of American expats who call it home. Lying along the equator, this lovely, magical country features diverse landscapes, including the world’s highest active volcano and 1,200 miles of breathtaking coastline. Add in the Galápagos Islands, and it makes sense why Ecuador is considered one of the best countries for retirees.

There are a couple of ways to become a resident in Ecuador, but the most common is Ecuador’s Retirement Visa program, designed especially for retirees. Regardless of which route you go down, if you’re 65 or older, you’ll get plenty of benefits as an Ecuadorian resident, including major discounts on entertainment and transportation options.