• About Us
  • Contact Us
  • Privacy Policy
  • Terms
  • Unsubscribe
No Result
View All Result
Live and Invest Overseas
FREE REPORT
BEST PLACES TO RETIRE
*No spam: We will NEVER give your email address to anyone else.
  • HOME
  • COUNTRIES
    • Top Destinations
      • Portugal
      • Panama
      • Belize
      • France
      • Colombia
      • Dominican Republic
      • Thailand
      • Mexico
      • Spain
      • Argentina
    • Browse All Countries
    • Best For
      • Retire Overseas Index
      • Health Care
      • Cost of Living
      • Investing in Real Estate
      • Editor’s Picks For Retirement
      • Establishing Residency
      • Starting an Online Business
      • Single Women
      • Playing Golf
  • BUDGETS
    • Super Cheap ($)
      • Cuenca, Ecuador
      • Chiang Mai, Thailand
      • The Philippines
      • Las Tablas, Panama
      • Granada, Nicaragua
    • Cheap ($$)
      • Algarve, Portugal
      • Medellin, Colombia
      • Boquete, Panama
      • Carcassone, France
      • Buenos Aires, Argentina
    • Affordable ($$$)
      • Abruzzo, Italy
      • Barcelona, Spain
      • Las Terrenas, Dominican Republic
      • Puerto Vallarta, Mexico
      • Costa de Oro, Uruguay
    • Luxury On A Budget ($$$$)
      • Ambergris Caye, Belize
      • Paris, France
      • Panama City Beach Area
  • Real Estate
  • ARCHIVES
    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore Diversification
    • Our Latest On Coronavirus ⚠️
  • Making Money
    • International Real Estate
    • Banking
    • Employment
    • Investing
  • CONFERENCES
  • BOOKSTORE
Live and Invest Overseas
  • HOME
  • COUNTRIES
    • Top Destinations
      • Portugal
      • Panama
      • Belize
      • France
      • Colombia
      • Dominican Republic
      • Thailand
      • Mexico
      • Spain
      • Argentina
    • Browse All Countries
    • Best For
      • Retire Overseas Index
      • Health Care
      • Cost of Living
      • Investing in Real Estate
      • Editor’s Picks For Retirement
      • Establishing Residency
      • Starting an Online Business
      • Single Women
      • Playing Golf
  • BUDGETS
    • Super Cheap ($)
      • Cuenca, Ecuador
      • Chiang Mai, Thailand
      • The Philippines
      • Las Tablas, Panama
      • Granada, Nicaragua
    • Cheap ($$)
      • Algarve, Portugal
      • Medellin, Colombia
      • Boquete, Panama
      • Carcassone, France
      • Buenos Aires, Argentina
    • Affordable ($$$)
      • Abruzzo, Italy
      • Barcelona, Spain
      • Las Terrenas, Dominican Republic
      • Puerto Vallarta, Mexico
      • Costa de Oro, Uruguay
    • Luxury On A Budget ($$$$)
      • Ambergris Caye, Belize
      • Paris, France
      • Panama City Beach Area
  • Real Estate
  • ARCHIVES
    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore Diversification
    • Our Latest On Coronavirus ⚠️
  • Making Money
    • International Real Estate
    • Banking
    • Employment
    • Investing
  • CONFERENCES
  • BOOKSTORE
No Result
View All Result
Live and Invest Overseas
No Result
View All Result
Home How to

How To Retire Overseas With Your Stimulus Check

Use Your Covid Payment To Move Abroad

Live and Invest Overseas by Live and Invest Overseas
Jul 07, 2020
in How to
0
stimulus check

Image Source: iStock/photovs

211
SHARES
3k
VIEWS
Share on FacebookShare on Twitter

Obviously the stimulus check isn’t going to pay for a retirement overseas. But if you spend it wisely it can put you a long way down the road towards a new life overseas.

There has never been a better time than now for moving overseas. The U.S. dollar is very strong, so your money will go further abroad than at home. This dollar strength is unprecedented and won’t last forever.

Here are some ways you can use your stimulus check to help you retire overseas.

Spend Your Stimulus Check On Flights

Many countries are starting to open up their airports through July and August. Flights are as cheap as they’ve been in a very long time. Spend your stimulus check on some flights and start scouting around for your new home overseas.

Rent Before You Buy

A piece of advice that we are always repeating is to try before you buy. Visiting a place on vacation is completely different to actually living there. Spend your stimulus check on a couple of months rental in a country you are considering. While you’re there, try living like you would as a retiree and see how it goes.

Put The Money Towards A House Deposit

With the uncertain financial future, now is the time to think about diversifying your portfolio. This doesn’t just mean buying different stocks and some U.S. real estate. It means making investments outside the States. Buying a house is a great way to diversify and an important first step in retiring overseas.

Invest Overseas

Making an investment overseas is another way to diversify. Make an investment in the country you want to retire to, and you can generate some extra cash flow there. Having a steady stream of income in your new country is a major bonus. Especially if they don’t use the U.S. dollar.

Take A Language Class

Speaking the language isn’t always essential. There are lots of countries you can retire to where the official language is English. There are others, such as Mexico and Panama, where you can get by without speaking the language. But, learning the language will make things much easier for you. It will also open up a new world of opportunities and make it easier to socialize.

Put It Towards Health Insurance

Most expats choose to buy private medical insurance when they move overseas. In many of the countries we recommend private health care is better and cheaper than in the States.

Despite the importance of health insurance, it can be easy to put off, and then forget. Use your stimulus payment to pay for health insurance and get everything ready for when you move overseas.

Arrange To Get Your Household Items Shipped

Hire a shipping container to take your household belongings over to your new country. While in the process of moving out, you will find plenty of things you no longer need. A yard sale can be a good way to get rid of these things and make some extra money. Ebay is another option to help you find buyers.

Share84Tweet53
Previous Post

Identifying Overseas Property Investments During A Travel Ban

Next Post

Live and Invest Overseas Podcast #19: Purchase Real Estate Checklist Part I

Live and Invest Overseas

Live and Invest Overseas

Related Posts

Quaint colorful houses of the Alsatian city of Colmar, France
How to

How To Tell If You’ve Found Your Ideal Home Overseas

by Kathleen Peddicord
June 14, 2022
0

Before you're ready to retire, you're likely to notice places around the world where you'd like to be able to...

Read more
Serene street in Colonial Zone of Santo Domingo, Dominican Republic

8 Things You Need To Know About Bank Financing Overseas

June 13, 2022
Street in small town in Umbria Italy in summer

The Secret To Being Happy In Your New Life Overseas

June 5, 2022
Beautiful panorama over the cityscape of Camara de Lobos in Madeira island, Portugal

Keep Your Money From The IRS With Overseas Real Estate

May 15, 2022
Scenic view of traditional cycladic houses on small street with flowers in foreground, Oia village, Santorini, Greece.

Questions You Must Ask Before Buying A Home Overseas

May 12, 2022
Cefalu is city in Italian Metropolitan City of Palermo located on Tyrrhenian coast of Sicily, Italy

Find Out How To Buy Real Estate Overseas For Cash Flow

May 11, 2022
Ferragudo, Algarve, Portugal

How One Couple Discovered A Great New Life In Algarve

April 21, 2022
Next Post
Purchasing Real Estate

Live and Invest Overseas Podcast #19: Purchase Real Estate Checklist Part I

Start Your New Life Today, Overseas

A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today.







LIOS Resources


  • New To LIOS
  • Ask An Expert
  • Media Center
  • Contact Us
  • FAQs

Quick Links


  • Best Places To Live
  • Best Places To Retire
  • Finding A Job Overseas
  • Real Estate

Sign up for our free daily e-letter, Overseas Opportunity Letter, and get your FREE report: The 10 Best Places To Retire Overseas In 2022

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms
  • Unsubscribe

© 2008-2021 - Live and Invest Overseas - All Rights Reserved.

No Result
View All Result
  • Home
  • Countries
  • Budgets
  • Archives
  • News
  • Events
  • Bookstore
  • Newsletters
  • About Us
  • Members Area
  • Contact Us

© 2008-2021 - Live and Invest Overseas - All Rights Reserved.

Sign up for FREE and learn how to live the good life on a modest budget, find bargain property, and more. Plus, check out our free report on the 10 BEST PLACES TO RETIRE.

RETIRE OVERSEAS AND LIVE LIKE ROYALTY

The World’s Best Places To Be In 2022?

Discover Them Here…