Cuenca, Ecuador, has been one of the world’s top retirement destinations for almost 10 years now. I retired there myself in 2001. And, like me, the vast majority of the expats in Cuenca were attracted by the lifestyle rather than by its investment potential.
Here are just a few of Cuenca’s big draws.
- A former Inca capital, Cuenca is now one of the best-preserved Spanish colonial cities in the Americas, and, not-surprisingly, is a UNESCO World Heritage Site.
- It enjoys year-round spring-like weather.
- Health care is excellent and inexpensive, with a good selection of modern facilities.
- Cuenca is a walkable city, where most expats don’t need to own a car.
- The cost of living is super low. Probably the best quality of life you can find on a low budget in Latin America.
- The cost of properties is still incredibly low, even after impressive long-term gains.
- Cuenca enjoys one of the largest expat communities in the world today, with thousands of retires and part-year residents moving down during the past eight years or so.