The 10 Cheapest Places to Retire Abroad

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2. Uruguay

Uruguay is home to pristine white-sand beaches and very charming weather. This country, bordering Brazil and Argentina, is a little smaller than the state of Washington. The capital Montevideo attracts the most retirees due to its theaters, opera houses, and jazz festivals, along with a low cost living. The city was rated as the best in the South America Quality of Living city rankings in 2009.

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