Top Four Overseas Beach Retirement Havens
Retire To The Beach
July 14, 2009
Panama City, Panama
PLUS:
- Help For New Expats In Languedoc, France...
AND:
- Clarification Regarding Your Options For Foreign Residency In Brazil...
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The World's Most Affordable Places To Retire...
The world's safest retirement havens...friendliest places to live...best weather...lowest tax burdens...most beautiful, most exciting, most infatuating places to hang your hat...
Plus best rental options...smartest places to own...
From Cuenca, Ecuador (cheapest)...to Ambergris Caye, Belize (foreign resident-friendly)...from El Valle, Panama (sweet mountain living in a top tax haven)...to Mendoza, Argentina (wine country on a budget)...from Hangzhou, China (exotic and ultra-cheap) to Languedoc, south of France (Old World living on a budget)...
Complete and in-depth reports on the world's top retirement havens for 2009, including full details on residency, health care, taxes, and itemized monthly budgets.
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Dear Overseas Opportunity Letter Reader,
If your heart is set on a new life at the beach and that's your clear and driving agenda, here are the top four sandy overseas havens to consider right now. These spots boast world-class sea, sand, sun, and surf, plus they make sense bigger picture. Each of my top beach picks is in a country that offers other important advantages for the foreign retiree.
Top Beach Pick #1: La Barra, Uruguay
La Barra, Uruguay, is my number-one choice for a sophisticated retirement by the sea. This is oceanside living that's also cosmopolitan and international. La Barra is a tidy town of neat white houses perched on a peninsula that stretches into the clear blue Atlantic. It's a small, walkable city that boasts the comforts, amenities, services, distractions, and entertainments of much bigger ocean resort communities, minus the high-rises and the tourist trappings. The beaches are among the best in Uruguay.
The cost of living is low. Yes, you could live for a little less elsewhere in Uruguay--in Atlántida or Salto, for example--but, in La Barra, you're buying a higher standard of living. La Barra is this country's (and one of the worlds') best seaside choices.
Uruguay is also a remarkably easy place to obtain foreign residency and a great place to raise a family.
Top Beach Pick #2: Samana, Dominican Republic
The Dominican Republic is known for its beaches, which are world-class and attract big volumes of tourists every year. These powdery coasts, though, make sense not only as a vacation spot, but also as a place to consider longer term, for there's much more to the D.R. than its beaches.
The Dominican Republic is small, about twice the size of the state of New Hampshire, yet it offers an estimated 1,000 miles of pristine, white-sand beaches, most of them completely people-free. The tourists congregate in the resort areas. Travel just a few miles away in either direction, and you find yourself completely alone on some of the most picturesque stretches of sand you will ever lay eyes on.
But the Dominican Republic isn't your typical Caribbean getaway. It's more international than you might expect, more cosmopolitan. Have a craving for blue cheese, authentic French baguettes, or fresh gnocchi? In the D.R., you can find all of these things. French and Italians settled on the island about 30 years ago and have since developed an extensive and diverse culinary, business, and service infrastructure geared toward other expats.
Top Beach Pick #3: Las Tablas, Panama
Within a 20-minute drive of the little town of Las Tablas, Panama, you can reach five different beaches, all beautiful, all undiscovered. This is a big part of the reason why dozens of U.S. and Canadian expats have settled in this part of Panama's Azuero Peninsula, about four hours west of Panama City.
The other draw is the cost of living. It's dramatically lower in this region than in this country's capital city. You could buy a fixer-upper beach house in Las Tablas for as little as $20,000, and you could rent a small house, right on the beach, for as little as $200 to $300 a month, long term.
A retired couple could live comfortably in this part of Panama on as little as US$1,100 per month, including rent and full-time household help.
Top Beach Pick #4: Ambergris Caye, Belize
Belize's biggest attractions are its natural beauty, its beaches, and its barrier reef, the second largest in the world, teeming with colorful fish, coral, and unusual marine life. Add to the list the facts that the people in this country speak English and that the cost of living is affordable, and you understand why this country's biggest outlying island, Ambergris Caye, makes my list of Top 4 Overseas Beach Retirement Havens.
Furthermore, and worth mentioning in the wake of recent global banking debacles, Belize's international banks are solid. Banking is the second-most-important industry in Belize (after tourism), and Belize banks are required to keep 24% of their assets on deposit liquid at all times.
Finally, Belize offers the world's most user-friendly foreign residency program, the Qualified Retired Person (QRP) program, which allows you to "retire" to this country as young as 45.
Kathleen Peddicord
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Discover the world's #1 retirement haven...top offshore haven...and most user-friendly tax haven
Panama also hides the smartest beach, river, and mountain property buys anywhere on the planet today.
Learn how to stretch your retirement dollars...how to pay zero tax...and where to invest for serious upside in this little country that is enjoying continued growth and prosperity, worldwide financial meltdown notwithstanding.
If you're wondering how you're ever going to be able to afford to retire...or where in the world you can invest smart amidst the current global market chaos...Panama is the answer.
It's also a beautiful land blessed with an abundance of wildlife and two long coastlines. Discover the upsides and advantages of Living and Investing in Panama.
Details here.
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