When the living becomes intolerably difficult in one place...move to another! I'm not being flippant. I'm giving you the secret to realizing the retirement of your dreams.
The first move is the hardest, I understand. You need options, and you need help. We're here to deliver both. Let's start with this: The situation is far less desperate than you may fear. You do not have to resign yourself to reducing your standard of living during this important phase of your life. You do not have to plan for two or three decades of scraping by and making do.
But you've already figured this out, I think. By signing on as a reader of these dispatches you've opened your mind to the possibilities. You've allowed yourself to begin to think outside the box and beyond your own borders. As you read this, because you're reading this, you are launching a new phase of your life...maybe the best one yet.
Where will your explorations and considerations lead you? You'll have to figure that out for yourself, but, in these virtual dispatches each day, we'll introduce you to the top possibilities worldwide...and then we'll lead you, step by step, your hand in ours, from wherever you are now to where you'd like to be.
As we stand today on the eve of a new year, where should you be focusing your thinking and your search? I made recommendations yesterday for some of the world's top options for 2013, including Panama, France, Belize, Ecuador, and Thailand...and I'll share more top picks for this New Year later on this week.
I realize, though, and I want to make sure you realize, too, that you aren't going to retire to Panama or Belize, to France or Thailand...and not to any other country either. You're going to retire to a neighborhood or a community, a region or a seaside town in whichever country you identify as your personal Shangri-la. Once you get serious about re-launching your life overseas, you realize that you've got to thin slice your options. You can't think about retiring to "Ecuador" anymore than you could think about retiring to the "United States."
What would that mean, to retire to the United States? What would the weather, the cost of living, the cultural distractions, or the scene outside your bedroom window be in the US of A? No way to answer that question, right? You could determine what the weather would be like in Scottsdale, Arizona...the cost of groceries for a couple of retirees in San Diego, California...or the view from your poolside patio in Naples, Florida...but you couldn't possibly answer those questions for the United States as a whole. Anymore than you could determine those particulars for any other country as a whole.
That's why our editorial mandate for choosing the best place to retire abroad in 2013 is all about thin-slicing. With this in mind, some introductions are in order.
I've been moving around the world with the focused agenda of identifying its best opportunities for living better and retiring well for coming up on three decades (yikes). I know a little not only about this beat, but also about this world of ours in this context. But I know some places better than others, and, I understand, I can't know everywhere well. That's where my far-flung, ever-on-the-move, and ever-expanding network of correspondents comes in. With the help of these savvy souls, this New Year, we're going to bring you more boots-on-the-ground, real-world, real-time, firsthand, and very thin-sliced glimpses of the world's top live, retire, and invest overseas havens.
If you've been reading for anytime, you probably know these folks already. Still, New Year's Eve is a time for reviewing and regrouping, so I'd like to take this chance to present:
In addition, in these dispatches and the other publications we offer, you'll also hear from Phil Hahn and Ann Kuffner in Belize; Mike Cobb in Nicaragua; Lynn Mulvihill in Ireland; Rich Holman in Colombia; Mike Sager in Ecuador; Steve Rosburg in Argentina; and Federico Fischer in Uruguay.
On behalf of the whole bunch of us, please accept my wishes for a healthy, happy, prosperous, adventure-filled 2013. May this year be the year that your live, retire, and invest overseas dreams all come true.
Kathleen PeddicordContinue Reading:
Image credit: satanoid
Aug. 25, 2008:
Friend (and developer at Gran Pacifica) Mike Cobb writes with good economic news from Nicaragua:
“Nicaraguan exports in Central America rose 20% in the first six months of this year, compared with the same period in 2007. The Export Processing Center (CETREX, www.cetrex.com.ni) reported that goods shipped to other countries in the region January through June had a gross value of US$279.3 million, up from US$233.4 million in the first half of last year.
“Exports to countries in the region this year have so far made up 33.4% of Nicaragua’s total exports, which, in the first half of 2008, reached US$835.3 million.”
“A French leaseback property is a tax-efficient investment that can serve as a good means of saving toward your eventual ‘retirement fund,’” writes Vanessa Franquin with Premier French Leaseback.
“It’s also a good part of a plan to convert cash into tax-free rental income, with very little personal involvement or hassle, either when you make the investment or during the time you hold the property.
“Your readers may have heard of the traditional French leaseback,” Vanessa continues, ‘but they may not know about what I refer to as ‘Leaseback Light.’ If you invest in one of the properties participating in this program, you have up to six months a year of personal use. Then you let it the rest of the time to cover running and holding costs.”
Indeed, I responded to Vanessa to say this morning, I don’t know about these Light Leaseback properties…and I’d like to.
Vanessa is sending a full report.
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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.
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The Best Places For Living
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