(Live Science) Never mind your tired and your poor: Many Latin American countries want your retired instead.
Researchers at International Living magazine have found that Ecuador, Panama and other Latin American countries are going all out to encourage American senior citizens to retire within their borders.
The countries have introduced a string of incentives, such as a program in Ecuador that offers seniors 50 percent discounts on a multitude of expenses and items: public and private transportation within the country, tickets for all cultural and sporting events, movies, and even utility bills.
In Mexico, benefits include national health care coverage with a top rate of less than $300, and discounts on property taxes, airline and bus tickets, and entrance fees to concerts, museums and archaeological sites.
"An ever-increasing number of Americans are worried about how they are going to fund their retirement," said International Living editor Eoin Bassett. "What many don't realize is that in many countries it's possible to avail of attractive benefits, live much more affordably and have access to cheaper high-quality health care."
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