Buying property abroad for retirement
Dominican Republic's Samana Peninsula
The Dominican Republic has become a popular option for Europeans seeking a Caribbean getaway, giving the town of Samana a European feel, with French bakeries easy to find. "The relaxed pace and ease of transporting goods to Dominican Republic make it a great option for retirement," says Dan Prescher of InternationalLiving.com. "Plus, the economy is improving and that's making everyone's quality of life better."
Apartment homes within a 10-minute walk to the beach on this eastern peninsula go for as little as $100,000. Retirees buying property on the beach can find one-bedroom condos for less than $150,000.