5 Easiest Countries to Retire To

2. Nicaragua

Income Requirement: $600

Coastal climate, affordable living costs, and beautiful landscapes are a major draw for retirees in Nicaragua. Those seeking to take advantage of the Nicaraguan retiree program must first demonstrate a stable monthly income of $600. Once proof is established, legal documents are provided, and proof of health is delivered, a Pensionado residency is granted. Though the former is more popular amongst retirees, another residency category available for retirees wishing to move to the country is the rentista status, requiring $750 in monthly income.