Articles Related to Where to retire overseas



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 nonexistent 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 Peddicord

P.S. We'll be doing a lot of this kind of comparative analysis, region by region and country by country, during our Retire Overseas Conference in Nashville next month (Aug. 29–31). This one-of-a-kind program, the biggest retire-overseas event of the year, will focus on the top 21 retirement havens right now, the whole world considered.

You have one week remaining to register taking advantage of the Early Bird Discount. More here.

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  • Italy... Your dream of la dolce vita is much more affordable than you think...

  • Malaysia... Possibly the most welcoming Asian option, with its My Second Home program custom made for foreign retirees...

  • Mexico... Accessible, affordable, and offering a great diversity of lifestyle options...

  • Nicaragua... A long and glorious Pacific coastline...plus colonial Granada, the most romantic city in the Americas...

  • Panama... The world's #1 retirement and business haven...with still-emerging pockets of opportunity for real estate investment...

  • Philippines... An English-speaking island chain in Asia that welcomes Americans...also boasts the only VA hospital outside the United States...

  • Romania... An EU destination with a very low cost of living and bargain real estate...plus a playground for the would-be entrepreneur...

  • Spain... An established haven for foreign investors and expats, with great beaches, markets, restaurants, attractions, and fiestas...

  • Thailand... Super-affordable and exotic...

  • Uruguay... Safe and stable...a great place to raise a family...like the America you remember from your childhood...

  • Vietnam... A land with beautiful beaches, welcoming people, and a low, low cost of living...
  • However might you decide which of these tempting choices might be best for you?

    Meet me in Nashville.

    I've been covering this beat for almost 30 years. I think it's fair to say that I know just about everybody you want to know if you're considering the idea of reinventing your life in a new country. I've put out a call, and more than 50 of these good folks—together the world's savviest live-, retire-, and invest-overseas experts—have agreed to join me (and you) in Nashville next month.

    I'll be leading the discussions during the three days of the event, and my focus will be on drawing out comparisons...looking honestly and critically at the advantages and the disadvantages of each destination we're featuring. Not only is this the most useful way to approach the question of where you should think about re-launching your life overseas...it's also the most fun.

    And, while creating a new life for yourself in a new country from whole cloth is, to be honest, a lot of work...this is also supposed to be fun, right?

    Our discussions in Nashville next month, therefore, will be lively, interactive, and based in every case on firsthand experience. When considering options for where and how to retire to a new country, you don't want an editor's theory or a travel writer's research. You want the real-time real deal from people who've done what you're thinking about doing. In Nashville, you'll meet more than four dozen of them, all convened with one agenda: To help you decide which haven is best for you based on what matters to you most...from weather and culture to language and cost of living.

    What's more, my one-of-a-kind Retire Overseas Conference will help you determine not only where to go...but also how to get there. In addition to real-life expats from the world's top havens, I'll also be joined in Nashville by my preferred global advisors—attorneys, tax advisors, shipping and insurance pros, residency experts, bankers, and more.

    We host at least 10 events per year. This annual Retire Overseas Conference is my favorite. It's my chance to reconnect with friends and colleagues around the world while introducing them to you and you to them.

    If you're considering the idea of restarting your life overseas, you want to be in the room with us all next month. We're counting down to the expiration of the Early Bird Discount. You have a limited window remaining to save as much as US$300 off the cost of registration.

    Full details are here.

    See you in Nashville.

    Kathleen Peddicord Continue reading:

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    May 27, 2014

    "Kathleen, I read the Overseas Opportunity Letter every time it's in my inbox. I was wondering what experts in international legalities can I contact for specifics related to Canadians who want to retire or live overseas as I believe we have some differences from U.S. expats? Who may I contact in Canada to get information for Canadians?

    "Thank you for all the information. You all work very hard to get out to everyone considering this as an option in their lives."

    --Leslie T., Canada

    All information we provide is as relevant for Canadians as for Americans with one exception, which is taxes. The tax situation is different for Canadians than for Americans. The good news is that it is different in very good ways and much simplified.

    ***

    "Kathleen, I always enjoy Lee Harrison's thorough, objective information and comparisons. What he shared about Cuenca and Medellin was perfect. In fact, for us, it is apples and oranges, and WE love both Cuenca and Medellin so much that we are making both places our ‘home.' We plan to go back and forth between the two, because they really cannot be pitted ‘against' each other and both have so much to offer. We intend to have the best of both worlds. We just need to find a more direct and shorter flight itinerary between the two cities!

    "The conference last week in Medellin was (again) absolutely fantastic. L&IO is the best! Thanks and keep it coming."

    --Andrea M., United States

     

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    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.

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