The Best Places to Retire Outside the U.S.

by Cindy Perman Retiring in another country used to be a foreign concept to most Americans but it's becoming more common thanks to two main factors: the Internet and the economy.

The Internet has provided some much-needed connectivity and the economy has priced many retirees out of warm-weather cities in the U.S.

"You can live better for less in a tropical paradise," said Dan Prescher, the special projects editor for International Living magazine. "All you have to do is think outside the border."

AARP found 10 of the best places to retire outside the U.S., using five criteria: the cost of living, housing costs, health care (both quality and accessibility), cultural and recreational options and if there's already an expat community there. They include Buenos Aires, Argentina; Corozal, Belize; Le Marche, Italy; Boquete, Panama; and Cascais, Portugal, as well as five other locales.

Click through to find out more about them.

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Buenos Aires, Argentina

Both scenic and sophisticated, Buenos Aires is often referred to as the "Paris of South America."

"This falls into one of those fantasy places for people," said Ken Budd, the executive editor of AARP magazine.

It's got a lot of museums and restaurants, with beautiful cathedrals and opera houses. And since the country's economic crisis in 2002, it's been a very affordable option. Rents start at $700 a month in some popular expat communities, and you can buy a nice condo for a couple hundred thousand dollars, AARP reports. Plus, it's close to the beautiful beaches of Uruguay.

And let's not forget, Buenos Aires is home of the tango. Ole!

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