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Retire in another country ???

Discussion in 'Bad Dog Cafe' started by Wizard1962, Feb 11, 2019.

  1. Wizard1962

    Wizard1962 TDPRI Member

    Age:
    56
    47
    Dec 17, 2017
    Victoria Tx
    Okay, will be hopefully retiring in a year or so. Have been reading about how cheap it is to retire in places like Costa Rica, Belize, Mexico compared to the United States.

    Anyone else thinking this way, or have already done it ?
     
  2. P-Nutz

    P-Nutz Tele-Holic Silver Supporter

    961
    Dec 24, 2004
    Middle America
    For us, then plan is Prague ... vážně ...
     
  3. blowtorch

    blowtorch Telefied Ad Free Member

    May 2, 2003
    Wisco
    Yeah, a non-rich person can live like a rich person in a lot of places because your dollar stretches farther...this includes the worries of kidnappings, robberies, etc
     
    igor5, Flakey, Obsessed and 8 others like this.
  4. tery

    tery Poster Extraordinaire Silver Supporter

    Sep 21, 2012
    Tennessee
    One does not have the citizenship "Rights" in another country .
     
  5. charlie chitlin

    charlie chitlin Doctor of Teleocity Silver Supporter

    Age:
    57
    Mar 17, 2003
    Spring City, Pa
    I knew a guy who was a diplomat and had lived all over the world.
    He said he was definitely going to retire to Costa Rica.
     
    boris bubbanov and Wizard1962 like this.
  6. stephent2

    stephent2 Poster Extraordinaire

    Jun 22, 2003
    Georgia/Minnesota
    I have a buddy who was thinking of South America but he's now interested in Portugal.
     
  7. BigDaddyLH

    BigDaddyLH Telefied Ad Free Member

    Nope, I'm staying in Canada.
     
  8. Paul in Colorado

    Paul in Colorado Telefied Ad Free Member

    Mar 17, 2003
    Fort Collins, CO
    I don't think my health insurance transfers, so I'll be staying right here.
     
    Tommy Biggs and teleaddicted like this.
  9. magicfingers99

    magicfingers99 Tele-Afflicted

    May 7, 2015
    atlanta
    or in america since wwII..
     
  10. magicfingers99

    magicfingers99 Tele-Afflicted

    May 7, 2015
    atlanta
    your best bet is to visit any places you are considering moving to, and rent for a couple months and see what you are getting into, before making the big move.

    its very easy to use google and get to a forum on expatriates in various countries, to find out the good, the bad, and the ugly. Beware the real estate and relocaction specialist lurking for fresh commision though.
     
    Greggorios, tintag27 and Wizard1962 like this.
  11. uriah1

    uriah1 Doctor of Teleocity Ad Free Member

    Feb 12, 2011
    Around
    Get a pro and con list and include hospitals, community.
    Ex pat taxes, etc. foreign parasites. (both little and big) lol.
    You are probably not thinking of being a snowbird, since you
    are already in a nicer climate.
    We know some that did, and came back. Decided to just travel.
    If it is just to save money in future years. hmm..
     
  12. blowtorch

    blowtorch Telefied Ad Free Member

    May 2, 2003
    Wisco
    Check out the poorest areas, too. Not just the tourist traps.
    You may think you can "insulate" yourself from these folks.
    But, you may be incorrect...which, that's okay for some people, and not so okay for others...especially maybe not the HOA-inclined types:lol:
     
    Last edited: Feb 11, 2019
    Toto'sDad likes this.
  13. Bill

    Bill Poster Extraordinaire Ad Free Member

    Mar 16, 2003
    London
    I moved from the US to England several years ago. Definitely not cheaper, and I’m not retired.

    But just to clarify...there is such a thing as dual-citizenship. I have citizenship rights over here, including full medical, etc.

    So, check the country, check their rules.
     
    Tony474, JayFreddy and Wizard1962 like this.
  14. Wizard1962

    Wizard1962 TDPRI Member

    Age:
    56
    47
    Dec 17, 2017
    Victoria Tx
    Yes, we plan on taking some trips so we can see first hand if the rumors and internet hype is true. Talk to expats that are there and look at the pro,s and con,s involved.
    Some say that you can live well for 1200.00 a month.
    That's alot less than here in the states. But the grass always looks greener doesn't it.
    Will have to do alot of research.

    Thanks
    Bill
     
  15. Guitarteach

    Guitarteach Poster Extraordinaire

    Aug 6, 2014
    UK
    That lovely idea has gone down the swanee here..
     
    aerhed and tintag27 like this.
  16. oceanblue

    oceanblue Tele-Meister

    Age:
    56
    109
    Apr 20, 2018
    Florida
    I hear good things about Panama as well, and there are some American communities in Mexico people rave about, cheap, and good, healthcare, and 90% of the little towns are American retirees. A internet search will get all the info for you.
     
  17. Martin R

    Martin R Friend of Leo's Silver Supporter

    Jun 26, 2008
    Albuquerque
    Costa Rica is stable, has a good health care system and I'm pretty sure you can own land there. The big advantage for Belize is that English is the official language. Health care is spotty, though. Panama has a lot of ex pats due to the canal.

    There's a lot of info out there to help you decide. Good luck.
     
    Paul Jenkin and JayFreddy like this.
  18. blowtorch

    blowtorch Telefied Ad Free Member

    May 2, 2003
    Wisco
  19. trapdoor2

    trapdoor2 Tele-Holic Gold Supporter

    Age:
    61
    685
    Feb 23, 2018
    Nawth Alabama
    We're moving to South Carolina. Foreign enough for me.
     
    bftfender, kLyon, RLee77 and 6 others like this.
  20. blowtorch

    blowtorch Telefied Ad Free Member

    May 2, 2003
    Wisco
    Brave man
     
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