Millions who rely on Social Security should consider moving to Colombia
According to data from the National Institute on Retirement Security (NIRS), 40 % of all Social Security (SS) recipients rely on SS for 100 % of their monthly income. There are over 70 million on SS so 40 % means there are 28 million people in this group. The average monthly SS for a single person is a little over $1,800; for a married couple, its over $2,500 per month. Based on the current exchange rate of 4,200, that means a single person would have about $7,560,000 Colombian pesos (COP) per month. A married couple would have over $10 million pesos. That is A LOT of money in Colombia. To put it in perspective, Colombia will award you a Retirement VISA if you can show you have about $750 per month in guaranteed income like from SS. That is much lower than most countries because Colombia is one of the lowest cost of living countries in the world. And the crazy thing is that the quality of life is fabulous. We have the best healthcare in Latin America. Super modern shopping malls. Excellent low cost transportation You can rent a really nice apartment for $500 a month or $1,000 if you want to get fancy. A meal in a really nice restaurant will cost $5 to $10 including tax and tip. Utilities and HOA are very low. It is amazing. You owe it to yourself to at least give us a call and check it out. William Colombialivingrealty@gmail.com whatsapp. 57 304 201 3535
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