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    Super Cheap

    • Chitré, Panama
    • Santa Marta, Colombia
    • Phuket, Thailand
    • Dumaguete, The Philippines

    Cheap

    • Medellin, Colombia
    • Boquete, Panama
    • Kyrenia, Cyprus
    • Hua Hin, Thailand
    • The Algarve, Portugal

    Affordable

    • Valencia, Spain
    • Cascais, Portugal
    • Las Terrenas, The DR
    • Pisa, Italy
    • La Rochelle, France
    • Mazatlán, Mexico

    Luxury

    • Ambergris Caye, Belize
    • Kotor, Montenegro
    • The Panama City Beaches
    • Paris, France
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    • Home
    • Countries

      Top Destinations:

      Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

      • Spain
      • Portugal
      • Panama
      • Belize
      • Colombia
      • Cyprus
      • Mexico
      • France
      • Montenegro
      • Browse All Countries

      Best For:

      • The Best Places To Retire
      • Health Care Abroad
      • Cost Of Living
      • Investing in Real Estate
      • Establishing Residency
      • Gun Laws In The World
      • English-Speaking Countries
      • Safest Places For Retirement
      • Best Places In Latin America
    • Budgets

      How Much Will It Cost You To Live Overseas?

      The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

      Super Cheap

      • Chitré, Panama
      • Santa Marta, Colombia
      • Phuket, Thailand
      • Dumaguete, The Philippines

      Cheap

      • Medellin, Colombia
      • Boquete, Panama
      • Kyrenia, Cyprus
      • Hua Hin, Thailand
      • The Algarve, Portugal

      Affordable

      • Valencia, Spain
      • Cascais, Portugal
      • Las Terrenas, The DR
      • Pisa, Italy
      • La Rochelle, France
      • Mazatlán, Mexico

      Luxury

      • Ambergris Caye, Belize
      • Kotor, Montenegro
      • The Panama City Beaches
      • Paris, France
    • Resources

      Global Living

      • Living & Retiring Overseas
      • Raising A Family Abroad
      • Foreign Residency & Citizenship
      • Offshore & Diversification

      Making Money

      • International Real Estate
      • Banking
      • Employment
      • Investing

      Follow Us:

      • Meet Our Experts
    • Real Estate

      Join our Weekly Newsletter
      Overseas Property Alert

      Sign up for our weekly newsletter to receive expert insights on the best international real estate investment opportunities.






        We Value Your Privacy! We will not share your email address with anyone else, period.

        Buying Real Estate For Cashflow

        • Discover tips and strategies used by global property investing veterans

        Explore Our Latest Posts

        • Learn how to invest and purchase property abroad…

        Go To The Overseas Property Alert Site

        • How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams
      • Conferences

        Upcoming Events

        • Explore Our Events Site

        Live and Invest In Spain Conference

        Offshore Wealth Summit

        Greece Workshop

        VALENCIA, SPAIN

        Sep. 17-19, 2025

        PANAMA CITY, PANAMA

        Oct. 15-17, 2025

        VIRTUAL

        Nov. 13, 2025

        LEARN MORE
        DISCOUNT
        LEARN MORE
        PRE-REGISTER
        LEARN MORE
        PRE-REGISTER
        • MORE EVENTS

        Contact Our Events Team

        Toll-Free U.S. and Canada:
        1 (888) 627 8834
        From Outside North America:
        1 (443) 599 1221
        Working Hours
        Monday – Friday 08:00 am – 17:00 pm EST.

        Reach us with your questions by email at: events@liveandinvestoverseas.com

      • Store

        Unlock The World

        • Access Your Library

        Overseas Havens Reports

        • Expats' comprehensive destination guides

        Conference Kits

        • Hours of coverage  from our latests conferences

        Lahardan Books

        • Titles on living and investing around the world
        • Explore Our Store
        Your passport to a life well-lived abroad

        Services

        overseas living letter offers affordable retirement guidance
        The Simon Letter Wealth Protection Insights
        Global Property Advisor Global Investment Opportunities

        Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com

      • My Library
      Live and Invest Overseas
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        Home Residency/Citizenship

        The Key To Living Long-Term Overseas

        by Lief Simon
        Oct 14, 2024
        in Residency/Citizenship
        0 0
        Town of Chamonix Mont Blanc in the french Alps

        AdobeStock/Picturereflex

        The key to living long-term overseas… and to escaping home at a moment’s notice if you need to… is residency and/or citizenship overseas…

        You can obtain residency or citizenship in more than one country. However, most expats obtain residency or a second citizenship in just one country outside their home country. Which country depends on your personal goals.

        Maybe you simply want to know you have a place to retreat to if things get too bad in your home country…

        Or perhaps you want to be able to spend more time each year in a country than that country’s tourist visa allows…

        Start Your New Life Overseas Today!
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        Or maybe you’re looking to move to another country full-time…

        While most countries offer viable options for taking up full-time residency, some countries make more sense than others as backup residency options (i.e., for your emergency “get out of dodge” plan).

        Acquiring a second citizenship is typically a later step in any go-offshore plan. Most people don’t start here.

        And not everyone is interested in the idea of obtaining a second passport at any stage.

        Understand, though, that this can be the single most powerful option for creating options… not only for you but also for your children (because you can pass on your citizenship rights).

        Start Your New Life Overseas Today!
        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 2025.
        We Value Your Privacy! We will not share your email address with anyone else, period.
        The world is an ever-changing place. A U.S. passport is still one of the best in the world today, but what value will that passport have in ten or twenty years… or a generation after that? Impossible to say.

        In the late 1800s, the U.K. was recognized as the major world power… and many probably expected that to continue indefinitely. But Britain’s global reign ended after World War II and the breakup of its empire.

        Today, the country is still economically, politically, and militarily strong, but it’s not a superpower.

        The United States could still be the major power in the world in another one hundred years… but it probably won’t be.

        Start Your New Life Overseas Today!
        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 2025.
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        It’s About The Future

        Will it still be someplace your great-grandchildren will be able to find economic and personal security? I hope so.

        But why not give them options and hedge their bets by obtaining a second citizenship that can be passed down to them?

        A second citizenship also gives you immediate residency and the right to work in the country.

        Maybe those things are important to you now… maybe they’re not. But maybe they could be important to your future generations.

        Kathleen and I both hold Irish citizenship and Irish passports, thanks to the time we spent in Ireland. We became naturalized Irish citizens.

        When I first suggested to Kathleen that we get naturalized in Ireland once we were eligible, she wasn’t terribly interested in the idea. It required paperwork, and she dislikes administrative tasks.

        Her attitude changed when having Irish citizenship allowed us to live in Paris full-time when we decided to move there (because both countries are part of the EU).

        When the pandemic closed off travel routes, she was even happier that we had options and were able to make travel plans thanks to this decision made more than a decade before…

        My immediate family all came together for Christmas during the pandemic in Chamonix, France. We followed the lockdown rules in France, but the fact that we were all able to be in France during the pandemic is a testament to the thirty years of internationalization I’d done… including—and most importantly—getting second citizenship.

        Our granddaughter was able to take in her first sledding experience in the shadow of Mont Blanc because her parents moved to France before she was born. Our daughter wanted to live in the culture and art that overflow in Paris.

        Our son, thanks to the pandemic, skipped his classes at NYU Shanghai since he wasn’t interested in taking remote classes. He used that time to work on various music projects, including his first album. Then he was able to take in-person classes from NYU in Paris the next semester, thanks to his Irish passport.

        Kathleen and I were able to go to the States to help my mother with some work on her house over the summer and return to Paris via Ireland… again, thanks to our Irish passports.

        We had residencies, citizenships, properties, and bank accounts organized to allow us this very flexible international life… even in the most inflexible times.

        Stay diversified,

        Lief Simon

        Editor, Offshore Living Letter

        Start Your New Life Overseas Today!
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        Tags: ' Residency Overseas''Expats Overseas''second passport'life abroadthe benefits of a second residency
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        Lief Simon

        Lief Simon

        Lief Simon has lived and worked in 7 countries on 5 continents and traveled to more than 75 countries. His real estate investment career began with a $5,000 down payment on a three-flat building in Chicago. Less than three years later, Lief sold the building for a leveraged return of 3,000%—$150,000 in profit after closing costs and commissions.

        From there, he turned his attention overseas and has bought property in 24 countries including France, Croatia, Portugal, Ireland, Belize, Spain, Argentina, Cyprus, Romania, and beyond. Thanks to his decades-long career as a global property investor, Lief has built a multi-million-dollar portfolio that includes rental properties, significant land holdings, and 7 personal residences.

        Lief has established residency in 3 countries and acquired a second passport from Ireland.

        In 2008 Lief and wife Kathleen Peddicord made the most important investment of their lives—a 215-acre oceanside finca, known as Los Islotes. There, on Panama’s largely undiscovered Veraguas coast, they’ve installed underground electricity, water, and internet and built a forever family home that sits at the heart of their ultimate vision: a gold standard private residential community for those in search of a true safe haven escape.

        Lief’s latest book, “Cowboy Millionaire—The New American Pioneer,” collects all the wisdom he has learned in three decades of living and investing outside America.

        He offers advice on international diversification in his twice-weekly Offshore Living Letter and monthly Simon Letter dispatches. For real estate investment opportunities, check out his monthly Global Property Advisor service.

        If you’d like to meet Lief in person, join him for one of our upcoming in-country conferences. You’ll find further details here.

        Start Your New Life Overseas Today!
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              HOME

              Top Countries

              • Spain
              • Portugal
              • Panama
              • Belize
              • Colombia
              • Cyprus
              • Mexico
              • France
              • Montenegro

              Best For:

              • Health Care Abroad
              • Retirement Living
              • Cost Of Living
              • Investing in Real Estate
              • Establishing Residency
              • Gun Ownership
              • English Speakers
              • Safety
              BROWSE ALL COUNTRIES

              Budgets

              How Much Will It Cost
              To Live Overseas?

              Super Cheap

              • Chitré, Panama
              • Santa Marta, Colombia
              • Phuket, Thailand
              • Dumaguete, The Philippines

              Cheap

              • Medellin, Colombia
              • Boquete, Panama
              • Kyrenia, Cyprus
              • Hua Hin, Thailand
              • The Algarve, Portugal

              Affordable

              • Valencia, Spain
              • Cascais, Portugal
              • Las Terrenas, The DR
              • Pisa, Italy
              • La Rochelle, France
              • Mazatlán, Mexico

              Luxury

              • Ambergris Caye, Belize
              • Kotor, Montenegro
              • The Panama City Beaches
              • Paris, France

              Resources

              Global Living

              • Living & Retiring Overseas
              • Raising A Family Abroad
              • Foreign Residency & Citizenship
              • Offshore & Diversification

              Making Money

              • International Real Estate
              • Banking
              • Employment
              • Investing
              Meet Our Experts

              Real Estate

              Overseas Property Alert 

               

              How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams

              VISIT SITE

              Buying Real Estate For Cashflow

               

              Discover tips and strategies used by global property investing veterans

              READ MORE

              Explore Our Latest Posts

               

              Learn how to invest and purchase property abroad…

              EXPLORE

              Conferences

              Live and Invest In Spain Conference

              VALENCIA, SPAIN Sep. 17-19, 2025
              LEARN MORE
              DISCOUNT

              Offshore Wealth Summit

              PANAMA CITY, PANAMA Oct. 15-17, 2025
              LEARN MORE
              PRE-REGISTER

              GREECE WORKSHOP

              VIRTUAL Nov. 13, 2025
              LEARN MORE
              PRE-REGISTER
              MORE EVENTS

              Contact Our Events Team:

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              1 (888) 627 8834

              From Outside North America:
              1 (443) 599 1221

              Working Hours
              Monday – Friday 08:00 am – 17:00 pm EST.

              Reach us with your questions by email at: events@liveandinvestoverseas.com

              Store

              Overseas Havens Reports

              • Expats' comprehensive destination guides

              Conference Kits

              • Hours of coverage  from our latests conferences

              Lahardan Books

              • Titles on living and investing around the world

              Services

              • Overseas Living Letter: Affordable Retirement Guidance
              • The Simon Letter: Wealth Protection Insights
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              VISIT OUR STORE

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              THE 10 BEST PLACES TO RETIRE IN 2025

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