7. Ecuador
Located on the Pacific side of South America and north of Peru, Ecuador contains beaches, mountains and jungles. The climate in the Andres is surprisingly moderate.
Rentals and home purchases are extremely reasonable and there is a large population of expats in Cuenca.
There are many retiree perks including discounted airfare, public transportation and entertainment venues.
The culture offers rich diversity between the indigenous people and Spanish settlers. Like most central and south American countries, Ecuador is very relaxed.