5 Best Places to Retire in Ecuador

2. Cotacachi

Insider Monkey Score: 7

The charming, small town of Cotacachi is an active expat community in Ecuador. Foreigners love to retire here for its relaxed, slow pace of life, scenic beauty, and mild climate. Its location in the Andean highlands grants it a mild and temperate climate, which is why it is often called the “Land of Eternal Spring.” The town plays host to numerous cultural events, and there are festivals and parades throughout the year. A couple can easily live here in between $1,200 to $1,800, while $900 is enough for a single expat retiree.