Expatriate Health Insurance News: Ecuador's Cuenca could become next expat hotspot -
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Expatriate Health Insurance News: Ecuador's Cuenca could become next expat hotspot

More and more people looking to retire abroad are heading to South America as traditional destinations such as France and Spain become less appealing.

These former expatriate meccas no longer offer the same tempting tax policies and exchange rates, forcing retirees to look elsewhere.

Despite the huge size of South America, the continent sees groups of expats pooling in the same places and setting up communities together.

In response to this, new expats are always looking for a hidden gem that is relatively untapped by other foreigners yet has the infrastructure they require to enjoy their retirement.

The latest place that is appearing on the potential expat radar is Ecuador and more specifically the laid-back city of Cuenca, reports the Huffington Post.

With its UNESCO World Heritage Site city centre it is a beautiful place to call home and has a relatively low cost of living.

Expats can get themselves a decent well appointed property for $75,000 (£48,500) and good healthcare facilities are available.

At 2,500 metres above sea level, Cuenca is afforded with spectacular views and a cooler temperature than other parts of South America.

Active retirees will find they have plenty of opportunities to get out and explore the surrounding mountains and countryside.

El Cajas National Park is close by and offers 110 square miles of rugged hills, valleys and lakes to explore.

Ecuadorian culture is alive and well in Cuenca and a series of festivals throughout the year celebrate the food, arts and crafts that this part of the world is known for.

The type of expats who retire to Cuenca are those attracted by the pace of life in South America and a distinct break from the way they lived at home.

With no coastline, expats will not have the life of those living along Spain's Costa del Sol, but a rich and varied South American adventure.

Being in close proximity to Peru and Colombia means that there are also great opportunities for holidays to some stunning places.

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