This sorta says it all if you want to live inexpensively in the Western Hemisphere.
There are 70+ mllion senior citizens in the US on Social Security (SS). The average single person receives about $2,000 per month (over $8 million pesos (COP)); the average married couple receives almost $3,000 per month (over $12 million COP). Millions of seniors rely on SS for all or most of their income.
It is very difficult to live a quality of life in the US on just this small amount of monthly income but retirees can live BIG in Colombia as $8 to $12 milliones COP monthly clearly puts them in middle or even upper middle class.
ProManizales.com offers a wide range of elite, vetted providers to make your transition to Colombia easier. Click the links below to learn more. Generally, apartments and houses and the cost of ownership (including rent) are about 1/3rd the cost in the US. Buying in Colombia is relatively easy but we strongly suggest you work with a trusted, professional to guide you through the process.
- Developers (Constructoras) offering new, modern American style apartments and houses with amazing amenities.
- Real Estate Brokers - Manizales has some excellent real estate brokers
- Visas and relocation - there are a number of trusted organizations with excellent track records helping you obtain the appropriate visas to allow you to remain in Colombia for an extended period of time or forever, your Colombian ID (Cedula) and all important healthcare insurance.
Here is a vetted estimate of monthly expenses (very conservative) for folks living principally on just their Social Security...as you can see, you can live BIG and still have money left over to travel back home to see family and friends or use Medicare.