5. Roatán
Roatán isn’t a country unto itself, but for those seeking remote island living, it may be just what the doctor ordered. Located 35 miles off the coast of Honduras, Roatán boasts sugar-sand beaches, peaceful bays, and a stunning mountainous interior perfect for hiking. The infrastructure is also strong, so you won’t need to sacrifice the creature comforts you’re used to.
If you only want to stay for 3-4 months at a time, a visitor visa will suffice. To retire on Roatán (or anywhere in Honduras), you’ll need to show an income of $1,500 per month.
If you are not of retirement age, the income requirement goes up to $2,500/month, but you can still get a permanent residence visa that does not require renouncing your citizenship elsewhere, even if you ultimately choose to become a citizen.