Are you familiar with the Republic of Ecuador? It is one of South American countries attracting more and more foreign retirees because the lifestyle here simply pumps up value for their money. In fact it is fast becoming a retirement haven for those looking to maximize their pension's worth.

Yes, for as little as US$250 a month, your whole month's stay is already fully covered. Imagine spending that in the US and you can only survive for a few days. In Ecuador, you can live like a king already for US$500 a month. You can then spend the rest of your dollars to go on vacation or stock up on the food that you enjoy because they are affordable. You can even invite your relatives from the US and host a family vacation there. Plus, you will surely enjoy the tropical climate if you stay in the Pacific coastal area.

Many expatriates can be found in this country. American expats are estimated at 95,000 while European Union expats total 30,000. There are also immigrant from Asia and Middle East.

Ecuador is clearly a mestizo land having been colonized by Spain for 300 years. Its capital, Quito, is specially worth exploring. It has been attracting a large number of tourists because of its historic significance. It has the largest and best-preserved historic center (320 hectares) in Latin America. It is also one of the first UNESCO World Heritage sites. There are many churches here so if you're Catholic you wouldn't have a hard time finding one. You will also enjoy the architecture that has the feel of Old Europe.

There are several airline companies who offer discounted prices to retirees, aged 65 and above. So if you want to explore the place to see if it will complement your retirement lifestyle, go ahead and enjoy the place. For sure you will come back and stay.