Here is all what you need to know about what a fantastic place Colombia is now:

1.Low cost of living

The cost of living in Colombia is one of the top reasons attracting so many people to move to Colombia for their retirement. What makes it even a better deal is that the low living expenses allow you to have access to the first-world infrastructure and amenities that one would expect to see in a much more expensive location. Plus, it would be easy to find some legit bargains on food, travel, and transportation, and so on with the current exchange rate. However, gasoline is expensive in Colombia which is around $5 per gallon, so do consider taking public transportation as it takes you to almost any destination.

In addition, utilities bills are extremely low. High speed Internet costs $25 to $30 per month. In the climate of Andes Mountains, where the modern city of Medellin is located where neither heater nor air conditioners would be needed. You will probably end up paying just $15 a month for electricity. Cooking gas and hot water will likely cost around $5. Many households pay around $50 for electricity, water, and natural gas.

In Colombia, a system called estrato, or stratum, is used to calculate the utilities cost, including water, electricity, natural gas, phone, and internet service. An estrato number is assigned to neighborhoods by the system based on the average income of its residents. That means neighborhoods with lower estrato pay a lower rate than neighborhoods with high estrato.

2.Good food that costs much less

Thanks to Colombia's favorable climate, fresh fruits and vegetables are available at any time throughout the year. In addition, organically produced meats in small cities cost only a fraction of what would be paid in chains such as Safeway or Kroger. For less than $ 1, you can buy fresh papaya at neighborhood markets. While in the United States, an avocado usually costs around $ 2, in Colombia it would pay less than $ 1. For example, the price of whole tuna costs less than $ 4, while chicken breasts range from $ 2.50 to $4. A generous portion of "paisa tray", Colombia's favorite, which is a combination of beef, pork, beans, rice and avocado, costs no more than $ 6. In addition, a creole daily lunch special can cost $ 2.50. As you explore the Colombian gastronomic scene anywhere, you'll be surprised at how affordable it is.

Dining out is almost as affordable. In the nation's capital, Bogotá, a huge plate of Colombia favorite "bandeja paisa" which is a combination of beef, pork, beans, rice, and avocado costs no more than $6. What's more, A daily special at a lunch restaurant charges $2.50. As you explore the Colombian gastronomic scene anywhere, you'll be surprised at how affordable it is.

3.Buy or rent the home of your dream

If you decide to stay in Colombia, there are also abundant real estate options to choose from. Prices will vary, of course, depending on the area where you want to live, When it comes to Cartagena, Colombia's top tourist destination for both local and international visitors, the real estate sales and rental markets have escalated dramatically, with new malls, hotels, and condominium projects. Medellin is the other real estate hot market,growing popularity in the international and local retiree community.

For instance, you can rent a one-bedroom condo in Medellin filled with light, fully furnished and equipped, and located within only a few minutes from all the entertainment and food scene. Alternatively, for those who are looking for something a bit more fancy might be up for a one-bedroom stylish apartment in El Poblado, Medellin that is fully renovated, has an inviting living room, and a fully equipped kitchen that opens to a perfect dining area. The location is ideal, providing you the convenience to explore the nightlife district as well as the business and commercial center. These are only two examples of Colombia's dynamic dynamic rental market.

The same applies to buying property in Colombia . If you are interested in the price differences between major cities like Cartagena and others, you would be thrilled to learn about some of the bargains that are currently available. While you pay about $1 million for a 6,450 square feet bay view luxury penthouse in Bolivar, a comparable Balmoral penthouse in the same area with four spacious bedrooms with their own bath will cost $650,000. Check out our real estate listings across many cities in Colombia.

4.A dramatic beauty with perfect climate and great lifestyle

Colombia's natural beauty and tropical climate accommodates whatever location and lifestyle you prefer.

One of the most popular attractions of Colombia is the Andes Mountains, which runs up the center of the country's western part and serves as a dividing line. This is where you find most of residences of the country as well as classic Spanish colonial architectures and breathtaking views. Most of Eastern Colombia is undeveloped jungle, but the west is home to all sorts of environments and communities including the modern and vibrant city of Medellin.

Colombia's climate is a favorite to many because of its temperature stability across the country. This is due to its proximity to the equator which keeps the temperature the same all year round.

One of Latin America's most desired locations is Cartagena. Located in the North of the the country, on the Caribbean coast, Cartagena is the destination for a fancy and romantic dinner in a charming colonial district, surrounded by turquoise shores. Another lovely seaside city to visit is Santa Marta, which is home to a stunning palm-covered beaches with the background of lush mountains.

Medellín, located in the west of the country, is called the city of innovation in Colombia by the Urban Land Institute and the Citigroup division of the Wall Street Journal, becoming a point of access for young start-ups around the world. Medellin has a modern metro system, cable cars that serve as a link to residents in the periphery of the city, and many other advances in education, politics and social development.

5.Rich culture comes with a rich cup of coffee

Colombian culture is very similar to that in Latin Americas. However, there are certain characteristics that make it stand out from the rest. Visitors to Colombia who are football fanatics would be thrilled to know that this sport is also a favorite of Colombians. It is the sport that brings Colombian society despite the differences in economic backgrounds.

What is also exciting about Colombia is its carnivals. This is the opportunity where the whole population come together and enjoy la fiesta, which is a prominent feature of Colombian culture. Of course, there cannot be carnivals without music. With Cumbia and Vallenato enjoyed nationwide, music plays an integral part of Colombian life. Shakira, a native Colombian, is an internationally known for her dancing and singing talent.

Art lovers often appeal to Colombian art scene as it holds a diverse range of styles and mediums that give insights into the country's cultural and political past. One interesting finding by archaeologists discovers that ceramics may have been produced in Colombia in the 3,000 BC, which is far ahead of the rest of the Americas.

6. Improved public safety factor

Taking into account the reputation of a lack of security, Colombia has made important changes to correct its public safety record. Thanks to the implementation of security policies in 2006, public safety improved drastically, which generated an increasing flow of visitors to Colombia.

The US Department of State UU has reported that "tens of thousands of US citizens visit Colombia safely every year for tourism, business, university studies and volunteer work." Security in Colombia has improved a lot in recent years, including in tourist destinations and business trips. like Bogotá, Cartagena, Barranquilla, Medellín and Cali ". In addition, Forbes, National Geographic and the New York Times recommended several Colombian cities. and geographic attractions as must-see places.

7. Excelent healthcare system

Colombia's health care system is among the best in Latin America and, in general, it is much more accessible than health care in the US. UU In fact, medical care in Colombia is among the best on the continent. It also contributes to the country's economy, since it gives rise to medical tourism, which increased significantly since 2012. Four of Colombia's hospitals received the highest classification in Latin America.

You are certainly in good hands, since hospitals and clinics are equipped with modern medicine and technology along with well-trained doctors.

8.Colombian people are friendly and kind

To most people, it is important to know about how the locals are, especially to foreigners. Regardless of the low daily living costs or the great real estate listings, it is the people who make Colombia worth visiting and/or living. Indeed, the locals would go out of their way to befriend with you, make you feel welcome, or try their best to help you in case of emergency. Come spend time with Colombians and you'll become enriched more than just economic reasons-wise.

Recap on the amazing gains when you retire in Colombia:

1. Low cost of living
2. Affordable food
3. The home of your dream is just around the corner
4. A dramatic beauty with perfect climate and great lifestyle
5. Rich culture and tradition
6. Excellent health care system
7. Friendly and kind Colombian people