Receiving Social Security Benefits Overseas

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“Kathleen, we are ready to make the leap to Ecuador but really want someone to hold our hands along the way during the process to ensure we don’t make a misstep. Who will do this for us? We want help with immigration, pets, housing, insurance, visas, etc. Suggestions?”

–Lynn H., United States

Join us in Quito Feb. 13-15, 2013. All your questions will be answered.

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“Kathleen, could a person still receive their Social Security benefits and have that be considered the monthly income when qualifying for the residency programs you write about? I have no other savings.”

–Marie R., United States

Yes, you can continue to receive your Social Security no matter where in the world you’re living. In many countries you can even arrange to have your monthly payment direct deposited into your local (foreign) bank account. More on this here.

And, yes, your Social Security income can be used to qualify for some residency programs, in particular “pensionado” programs requiring some minimum amount of guaranteed pension income (as in Panama, Nicaragua, Belize, Ecuador, Uruguay, etc.).

Continue Reading: Retire To Boquete, Panama

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Live And Invest Overseas

Live and Invest Overseas is the world's savviest source for top opportunities to live better, retire in style, invest for profit, do business, and own real estate overseas. Established in 2008, the Live and Invest Overseas' editors and correspondents have more experience researching and reporting on top opportunities for living well, investing for profit, doing business, and owning real estate around the world than anyone else you'll find.