Do you have ambition to live or retire abroad? (1 Viewer)

[where yat brah]

I married a Colombian last year. I'm 60 now and she's 47. Neither of us ever had children. I love the Florida panhandle and NOLA. We're not crazy about the direction this country has taken over the past 10-15 years. With the help of a fellow SR.com member, I am hoping to start construction of my dream waterfront home this month. I plan to work for another 5-7 years. Then, retire and travel this country for a few years while short term renting out the house. Then in 10-12 years (maybe 7-10), sell and move to Colombia. First thought now is Santa Marta. We are leaving open a remote possibly of southern Spain or Panama.

 

[Rickboy]

My wife and I have discussed moving back to Japan for retirement. Right now property is pretty cheap in many rural areas. I could buy a decent house for under $100K. We may look at vacation properties when we go back next fall. I see several challenges in moving there. The biggest one is my son. His special needs challenges will make it impossible to move to Japan. He’s going to need care for the rest of his life. That said, I’m still studying Japanese so anything is possible.

We’re also considering a move to Europe. They have vastly better care options our son could take advantage of.

Beyond the challenges with our son, I don’t want to give up my US Citizenship and I want to be able to collect social security. I’ve sure as hell paid a lot into it.

I’ve always thought the US makes it too hard for people to live abroad. There are very draconian tax and banking laws that hurt anyone immigrating abroad. It’s kinda dumb IMO. Giving the elderly options to live abroad could reduce healthcare costs. There are several countries around the world that have excellent health care at much lower prices.

 

[Mr. Blue Sky]

Beyond the challenges with our son, I don’t want to give up my US Citizenship and I want to be able to collect social security. I’ve sure as hell paid a lot into it.

Rick you seem to be a good father, putting your son’s needs above everything else…. Fwiw living abroad doesnt affect collecting SS whatsoever.. matter of fact, collecting SS is what allows most American retirees to live abroad at all- especially the ones who may not have invested well, or gone thru a divorce or two, or a business failure or two, and need that SS check .

My big concern is whether SS will be solvent in 12-15 yrs when im supposed to start collecting it.. i have been paying into it since im 14 years old working at a Rax Roast Beef location where i was too young to legally run the roast beef slicer (you had to be 15)- so they stuck me at the drive thru window .

I’ve always thought the US makes it too hard for people to live abroad. There are very draconian tax and banking laws that hurt anyone immigrating abroad. It’s kinda dumb IMO. Giving the elderly options to live abroad could reduce healthcare costs.

That totally depends on which country you are trying to emigrate to.. the US has tax treaties with many countries so that you wont be subject to double taxation.. im not sure how things work in Japan though.. i do wish JP Morgan Chase had a branch here in Bangkok lol.. actually i think they do but not for consumer stuff, only commercial.. i know that Bangkok Bank (at which i also have an account)- has a branch in Manhattan .

There are several countries around the world that have excellent health care at much lower prices.

You ain’t neva lyin’ .

 

[Mr. Blue Sky]

"Someplace warm, with no memory"

Shawshank ?

 

[Mr. Blue Sky]

‘Merica, am i right ?!



Jesus Christ…..


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[SystemShock]

See , i differ with you here. I think many signs are pointing to instability in the US, and very soon… i think what you might be feeling is a false sense of security in terms of the US.. i hope i am wrong, and i hope that youre correct.. im not planning to denounce my citizenship or anything, so i really really hope youre the one who’s right…. I think though that the correct answer lies in , if you can , finding someplace that has shown significant peace and neautrality ..

It's not a sense of security in terms of the U.S., more about things that happen abroad. For example, here in MX, the MORENA party rose to power 7 years ago. After this year's elections, they ended controlling the Senate and 75% of governorships. I hoped that the new president would not follow through with the proposed reforms of the previous president, but that's not the case. Right now, MORENA is changing the Constitution to basically give the Executive power over the Judiciary, further militarizing the country (remember the Federales? They are now part of the Mexican version of the DoD), trying to wipe out the Supreme Court and create a mechanism to install judges favorable to MORENA, courting dictators and autocrats (Maduro, Putin, Jing, Diaz-Canel)... basically setting up a "democratic dictatorship", like MX saw for ~70 years of the 20th century, when the PRI party stayed in power by force and coercion, and those were not good times.

That's why I keep the bulk of my assets in the U.S.

and my understanding is that something like 1/5th or 1/6th of the population of CA has already moved, or is planning to move soon to Mexico ..

Shut your filthy pie hole!
As it is, Chiapas is already Little Central America, and it ain't pretty.

 

[sfidc3]

Yes. Italy. The End. I hope to live there, retire there and die in Bellagio in my villa on Lake Como.

Stunningly beautiful area, Italian Alps flowing into the Swiss Alps.....unfortunately never stopped but took a train ride through there to Paris (from Venice) this past October......

My sister and BIL moved to France, a small village in the country almost 10 years ago.....they are never leaving that village.....the cost of living is surprisingly low, the folks are great and the healthcare is miles better than here.....

We would consider the coast of Italy, Spain, etc.....but with our boys here in the US not likely moving.....also we love where we live now in Sunset Beach. NC....

 

[Boy_of_wonder75]

Iceland and Ireland are both on our list.

 

[Sailorsaint]

I’ve always wanted to live in Norway but I’ve never been, so I really don’t know anything about it other than what I’ve read. Although I’ve travelled a lot while in the Navy, I haven’t seen anywhere that I would want to live. This includes Australia, Japan, Singapore, Thailand, Phillipines, and another host of countries that isn’t on anyone’s list like the Middle East and Hong Kong.

 

[donato]

Mexico City since 2010. Also briefly in Guadalajara.

 

[saintmdterps]

#1 consideration as expat destination—-warm

#2 no ongoing dangerous wars or cartel issues. Those things need to be addressed before I get there.

#3 warm

 

[zeetes]

doubt i'd move back to australia, but i'd consider london.

 

[saintmdterps]

doubt i'd move back to australia, but i'd consider london.

You’re not allowed back in Australia

 

[CapitalCitySaint]

doubt i'd move back to australia, but i'd consider london.

What part did you live in? I’ve never been but feel like I could be happy in Melbourne or Sydney

 

[melman]

I"d be sitting pretty 20 years ago in Thailand had I not eaten dat damn wedding cake...