I have no idea. Only you can make these determinations. It's a matter of knowing yourself. Relocating overseas can reduce your cost of living (maybe dramatically). It can mean better weather, a healthier lifestyle, a reduced tax burden, more interesting neighbors, little luxuries you can't afford back home (a full-time housekeeper, a gardener, even a driver, for example), and a generally enriched quality of life.
But none of that may compensate for an unreliable Internet connection if you like to day-trade your portfolio. For you, cheap organic produce at the local market may not make up for other realities of life in the world's developing regions--slow service, for example, or repairmen who promise to return mañana to finish the fix to your broken toilet or your leaking roof, only never to be seen nor heard from again.
For the past quarter-century, I've spent much of my time in the developing world. At this point, it takes an extraordinary frustration or disappointment to get a rise out of me. Ordinary frustrations and disappointments, of which there are many, every day, pass unnoticed.
That said, I have limits, and I'm sure you do, too. What would you find intolerable? What challenges would make you crazy? Approach it this way: Make a list of everything that's important to you. Big things, little things, silly things...
After all this time tromping around emerging markets, I have a list. I'm a little embarrassed to speak publicly of some of the things on it, but, in the spirit of helping you identify your own breaking points, I share it here, in full:
You get the idea.
Now, here's another list...of things I don't mind but that you might. These are the kinds of challenges, nuisances, and frustrations you could reasonably expect to encounter once you leave developed-world living behind. These are the kinds of things I've come to take in stride:
It's all part of the day-to-day here in paradise.
Kathleen PeddicordContinue Reading:
Kathleen Peddicord'sNew Book
An Expert Guide To The Advantages And The Challenges of Investing In Real Estate Overseas..." Learn More
Sign up to receive free dailydispatches from the "Guru of Overseas Retirement and Opportunities"
Kathleen Peddicord is the founder of the Live and Invest Overseas publishing group. With more than 25 years experience covering this beat, Kathleen reports daily on current opportunities for living, retiring, and investing overseas in her free e-letter.
Her book, How To Retire Overseas—Everything You Need To Know To Live Well Abroad For Less, was recently released by Penguin Books.
Read more here.
Sign up for the Overseas Opportunity Letter
Receive our editor's latest research reports...absolutely FREE!
The Best Places For Living And Investing in the World for 2014
Receive a FREE copy of
The Six Cheapest Havens
To Retire In 2014
Discover the six best places in the world right now to live better and retire well...on as little as US$700 a month!
“We will not share or rent your email address to or with anyone else, period!”
Hey, I'm already a reader of Kathleen's e-letter. I don't need to see this popup ever again.