Articles Related to Retire to south america

As a friend who has been retired in Asia for many years puts it, "Everywhere in Asia is more affordable than the cheapest places in Latin America right now." That may be a stretch, but pockets of Thailand, Malaysia, the Philippines, China, Vietnam, and India, for example, can be absurdly cheap. You could live a modest but comfortable life in this part of the world on a budget of $700 or $800 a month, even less.

Living on this side of the planet, you'd also have access to some of the world's most beautiful beaches. Your life would be full of adventure, the exotic, and the unexpected. That is to say, the culture shock would be significant. For some, this reality is thrilling and invigorating...for others, it's intimidating, even terrifying.

In Asia, as well, you have an added challenge related to residency. Typically (an exception is Malaysia), you aren't going to be able to arrange to stay on indefinitely (legally) as a foreigner. You'll have to make regular border runs, which can grow tiresome and expensive (not to mention being illegal).

The easier alternative is not to approach Asia as a full-time choice but, instead, to create a  where-to-retire-overseas plan for yourself that allows you to enjoy the benefits of Asia (super cheap and super exotic) part-time. Don't worry about trying to qualify for permanent residency. Stay as long as you can as a tourist and then move on.

How about three months on the coast of Thailand, where your retirement budget would stretch far indeed, followed by a few months in the south of France, say, or Tuscany?

Where to Retire Overseas

Which brings us to the Continent. Not everyone is cut out for life in the developing world. If you're less interested in an exotic retirement than you are in a fully appointed one, your best options for where to retire in the world could lie in Europe. Most would-be retirees abroad dismiss this part of the world as too expensive, but that isn't necessarily the case, and, if it's a Continental lifestyle you dream about, I urge you not to write it off too quickly. Sure, a retiree on a modest budget probably can't afford Paris or Florence, but have you considered southwestern France, where life is quintessentially French but, as well, surprisingly affordable, or Pisa, about an hour from Michelangelo's hometown but dramatically less costly?

One of the big advantages of Europe, compared with other regional retire-overseas options, is the opportunity it affords for what might be referred to as "high culture." Every country in the world has local culture, but not everywhere has world-class museums, opera, and live theater, for example. If you're interested in a life that includes what are conventionally recognized as cultural offerings of the high-brow variety, you should be looking to France or Italy, Spain or Portugal.

This is not to say it's impossible to enjoy an Old World Continental lifestyle anywhere else. Some cities in South America offer a fair imitation, including, for example, Buenos Aires, and Medellin, Colombia. Both are cities of open-air cafes, classic-style museums and theaters, art galleries and antique shops.

And both, you'll note, are in South America, not Central America. The differences between these two regions, even between Panama and Colombia, next-door neighbors, can be striking. I'm speaking generally and you could find exceptions to every point, but, again, generally speaking, South America offers what I'd call more polished retirement options and is a good place to look if what you want is culture on the cheap.

Central America, by contrast, is, everywhere, rough around the edges. These are small, developing countries, struggling (let's be honest) to keep the lights on and the highways paved. They don't have money to invest in things like art museums. This can make for a way of life that is, for some, charming. Romantics (like me) in Central America see the potential for what could be rather than the reality of what sometimes is. Others find Central America frustrating, disappointing, even appalling.

On the other hand, this sun-blessed region can be but a quick plane hop away and a user-friendly place to establish foreign residency if you'd like to settle in full-time.

Pluses and minuses...give and take.

Kathleen PeddicordContinue Reading:

Image credit: Toksave

Read more...
 

Asia boasts a number of the most cost-friendly places anywhere to call home right now. Pockets of Thailand, Malaysia, the Philippines, China, Vietnam, and India, for example, can be absurdly cheap. Living on this side of the planet, you'd also have access to some of the world's most beautiful beaches.

Your life would be full of the exotic, the unexpected, and the adventuresome. That is to say, the culture shock would be significant. For some, this reality is thrilling and invigorating...for others, intimidating, even terrifying.

In Asia, as well, you have an added challenge related to residency. Typically (an exception is Malaysia), you aren't going to be able to arrange to stay on indefinitely (legally) as a foreigner. You'll have to make regular border runs, which can grow tiresome and expensive.

The easier alternative is not to approach Asia as a full-time choice but, instead, to create a retire-overseas plan for yourself that allows you to enjoy the benefits of Asia (super cheap and super exotic) part-time. Don't worry about trying to organize permanent residency. Stay as long as you can as a tourist and then move on. How about three months in Chiang Mai, where your retirement budget would stretch far indeed, followed by a few months in the south of France, say, or Tuscany?

Which brings us to Europe. Most would-be retirees abroad dismiss Europe as too expensive, but this isn't necessarily the case. Sure, a retiree on a modest budget probably can't afford Paris or Florence, but have you considered southwestern France, where life is quintessentially French but, as well, surprisingly affordable, or Pisa, about an hour from Michelangelo's hometown but dramatically less costly?

One of the big advantages of Europe, compared with other regional retire-overseas options, is the opportunity it affords for what a friend last week referred to as "high culture." Every country in the world has local culture, but not everywhere has world-class museums, opera, and live theater, for example. If you're interested in a life that includes what are conventionally recognized as cultural offerings of the high-brow variety, you should be looking to the Continent.

Which is not to say it's impossible to enjoy an Old World Continental lifestyle anywhere else. Some cities in South America offer a fair imitation--Buenos Aires, for example, and Medellin, Colombia, to name two. Both are cities of open-air cafes, classic-style museums and theaters, art galleries and antique shops.

And both, you'll note, are in South America, not Central America. The differences between these two regions, even between Panama and Colombia, next-door neighbors, can be striking. I'm speaking generally and could name exceptions to every point, but, again, generally speaking, South America offers what I'd call more polished options, a good place to look if what you want is culture on the cheap.

Central America, by contrast, is, everywhere, rough around the edges. These are small, developing countries with non-existent budgets for things like art museums.

Making for a way of life that is, for some, charming. Romantics (like me) in Central America focus on the potential for what could be rather than the reality of what sometimes is. Others find Central America frustrating, disappointing, even appalling.

On the other hand, this sun-blessed region can be but a quick plane hop away and a user-friendly place to establish foreign residency...

Pluses and minuses...give and take.

Kathleen PeddicordContinue Reading:

Read more...
 
Powered by Tags for Joomla
Enter Your E-Mail:

Readers Say

"The level of experience, knowledge, and competence is top-shelf. Primarily, I appreciated the sincere and honest approach of the organizers and all the presenters, as well as the obvious desire to give participants complete, accurate, timely, and appropriate information and to answer questions thoroughly."

Andrew F., United States

Search

"Just great. Very welcoming and supplied answers to all questions very well. I'll see you again soon."

Charles M., United States

Kathleen Peddicord

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 TO OUR FREE E-LETTER

Sign up for the Overseas Opportunity Letter

Receive our editor's latest research reports...absolutely FREE!

letters The Best Places For Living And
Investing in the World for 2014