The Motley Fool Discussion Boards
Retirement Discussions / Retire Early Liberal Edition
|Subject: Re: Overseas: Some responses.||Date: 2/9/2007 12:40 PM|
|Author: AngelMay||Number: 1526 of 66188|
Most places don't want retirees.
Unless, of course, they bring gazillions of dollars with them and invest them with that country at zero % return for X number years or some such -- or prove that you have a retirement income that is nearly preposterous for most people.
The places that WILL accept you with minimum $$ are hot and filled with insects and bugs. Yuk.
Outside of the small exclusive club of relatively wealthy countries, you'll find that most places do welcome foreign residents, and they don't require evidence of large personal incomes – and many of them are not tropical.
As an example: Uruguay has a mild Mediterranean climate, no personal income taxes, a comparable cost of living that is about 2/3rds of the US (add those two last factors, and the difference in terms of disposable income is quite large). Healthcare services are adequate to superb, and considerably less expensive than the States. The people are friendly, and a surprising number – those that you most likely deal with – speak English (although more British English than American).
There is a tendency I think to see much of the rest of the world outside of the high-income zone as being miserable, sweltering havens of poverty, not necessarily the case.
Hmmmm.... I will look into this.
Are you sure there are no big bugs and spiders?
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|