Thousands are migrating to Asia, South America, Europe and beyond to stretch their retirement dollars. And foreign countries, eager for the boost to their economies, have taken notice.

With so many nations interested in attracting retirees from abroad, Americans are spoiled for choice. Bankrate uncovers six up-and-coming destinations where retirees can easily live on an income of $2,000 a month. In some cases, retirees are already living there for far less.

Read on to discover the affordability of housing, food and medical care at these retirement destinations.