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URL:  http://boards.fool.com/what-if-another-chavez-gets-elected-there-30305820.aspx

Subject:  Re: Where to retire cheap Date:  10/7/2012  8:36 PM
Author:  katinga Number:  647605 of 734373

What if another Chavez gets elected there?

Venezuela is not that bad for a Yankee, particularly if you settle in the anti-Chavez zone, like Maracaibo. There's a very strong middle class there, living in pretty nice airconned apartments. And as is the case in most socialist countries, not bad medical for routine stuff. If you need non-routine medical, you can do like Chavez himself and do medical tourism in another country.

Don't rely on the national level politics to make retirement choices.

Best Latin American country all around is Costa Rica. They have the best land laws. But the cost of living is close to stateside. Be careful about owning stuff elsewhere. Lease, instead.

For Ecuador, expensive to fly if you want to visit grandkids.

Kat
Going to Ven this week--sleeping in hammocks
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