U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Retirement
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 08-09-2007, 03:39 PM
 
Location: Northen Indiana
59 posts, read 238,380 times
Reputation: 59

Advertisements

I also posted this on the World thread with no response:

I have been traveling to various countries to investigate retiring outside the US. I've considered Thailand, Malaysia, Indonesia and the Philippines. Brazil, Chile, Argentina, (Colombia is too dangerous). Ghana, South Africa, Kenya, Madagascar. I think I ruled out Europe. Is anyone considering retiring outside the US? Where are you investigating and why?
Reply With Quote Quick reply to this message

 
Old 08-09-2007, 09:26 PM
 
Location: Las Vegas
13,886 posts, read 25,311,688 times
Reputation: 26372
I researched the heck out of it for several years. Even went to visit some likely candidates. I have lived for extended periods outside of the US before so I figured I was a likely candidate. Eventually I decided against it and here's why:

cultural isolation

price-for this to be a good deal you have to live like a local. As soon as you look at the expat communities aimed at American retirees, the prices go way up.

work-if I have to buy the flat screen TV here, I can get a job. If I live in another country on a retiree visa, I can't. Even if I'm just bored; here I can work.

I was planning on renting for a while because I noticed it was harder to sell than it was to buy. Medical insurance and quality of medical care was quite good. I concentrated on Central America; Panama, Nicaragua, Honduras, Mexico, and Costa Rica. Some people would love doing this but it's not for everyone.
Reply With Quote Quick reply to this message
 
Old 08-12-2007, 07:18 PM
 
13,773 posts, read 33,900,148 times
Reputation: 10560
The one thing you might want to check out if you are thinking about Central America is the cost of buying appliances, cars and other items. Not sure if it is still in effect but at one time Panama had a 100 percent import tax on these items, which made them terribly expensive.
Also, if you like to watch TV, spanish TV is much different than US TV.
Reply With Quote Quick reply to this message
 
Old 09-29-2007, 07:51 AM
 
1 posts, read 5,010 times
Reputation: 20
Default Looking Off-Shore for retirement?

Quote:
Originally Posted by SlowWalk View Post
I also posted this on the World thread with no response:

I have been traveling to various countries to investigate retiring outside the US. I've considered Thailand, Malaysia, Indonesia and the Philippines. Brazil, Chile, Argentina, (Colombia is too dangerous). Ghana, South Africa, Kenya, Madagascar. I think I ruled out Europe. Is anyone considering retiring outside the US? Where are you investigating and why?
MOST definitely! But I wouldn't completely rule out the EU just yet.

Say what you will about George W and his band of merry men (and one lovely woman) but he DID manage to run up a larger national debt, in a shorter time frame, than 'Ronny Ray-gun' (a dig at his 'Star Wars' ABM shield program).

That debt will follow us to our graves IF we continue to be eligible to pay US income taxes. True, some of the EU countries have what appears on the surface as higher tax burdens - but look at the ROI (Return On Investment) you get in healthcare alone. As a fiscal conservative (business owner) I have to plan for the long term - not just the next quarter (or electoral term) so I HAVE to take into account the 'risk to reward ratio' of ignoring/addressing costs of investments.

The 'leaders' of the USA don't want the responsibility of addressing these concerns. Heck, they don't even take the overall costs of providing healthcare to civil service staff seriously so what would make anyone believe they'd care about the rest of us?

That's the main reason the USA will never have a true healthcare system which covers all - regardless of employment or ability to pay. The Govt would lose too many good employees to the private sector - to existing businesses and/or start-ups.

According to the 'WHO' (World Health Organization) France has the best healthcare system on a cost/benefit basis. I've met others who lived/visited France and have partaken of that system and it's a win-win situation for retirees - even those of us who emigrate later in life (though we DO have to pay extra) because we just can't plan for the costs here in the USA and THEY spread the risk (actuarily) over a wider base.

Check out the 'International Living' website for more in-depth analysis. They specialize in 'off-shore' (outside the USA) living and have the latest facts on off-shore developments in immigration, tax and real estate.
Reply With Quote Quick reply to this message
 
Old 12-08-2008, 10:04 PM
 
1 posts, read 4,604 times
Reputation: 19
Smile Dominican Republic North Coast

I spent a few holidays in the Caribbean, fell in love with the Dominican Republic. They have several towns where many Europeans have settled such as Cabarete, Sosua and Puerto Plata, which are all beach side towns with great living standards and many nice people.

I bought a small oceanfront villa in Cofresi, which is smaller but nicer, and I fell for the place when I first rented a villa 3 years ago. Most neighborhoods are made up of private villas, with management companies that clean, maintain and take care of the bills for you ( in my area there`s golden key management ) so it can be a good retirement life.

A friend of mine who became a writer preferred to move into a more remote location called Cabrera, where there is also nice places to live but it is about 2 hours from the main airport in Puerto Plata. I like the island of DR because it has nice beaches and scenery, a simple way of living and the people are always happy and willing to help. I`d rather live closer to the States too, and the Caribbean is just within 2-3 hours away.

Too hard to learn Asian languages for me




Quote:
Originally Posted by SlowWalk View Post
I also posted this on the World thread with no response:

I have been traveling to various countries to investigate retiring outside the US. I've considered Thailand, Malaysia, Indonesia and the Philippines. Brazil, Chile, Argentina, (Colombia is too dangerous). Ghana, South Africa, Kenya, Madagascar. I think I ruled out Europe. Is anyone considering retiring outside the US? Where are you investigating and why?
Reply With Quote Quick reply to this message
 
Old 12-09-2008, 08:56 AM
 
13,317 posts, read 25,550,246 times
Reputation: 20500
I wouldn't. It might be great for early age retirement, but the thought of being really old outside my comfort zone is unattractive.
Then, I don't like warm weather, and that seems to be what most people think of. I've also found that everywhere in the U.S. I'd like to live, so do other people, and figured it'd be the same overseas, so not much cheaper as people expect.
I imagine going with a spouse would make it easier, although if you go to Panama, you see no end of old American guys with hot very young women. I'm sure the women are with the guys for the scinillating personalities.
Reply With Quote Quick reply to this message
 
Old 12-09-2008, 05:13 PM
 
Location: home...finally, home .
8,235 posts, read 18,509,075 times
Reputation: 17765
Why would you rule out Europe, I wonder. I would think that Portugal and Spain would be perfect places to live (such a lovely way of life, they have) & warmer and far less expensive than France or Great Britain .
__________________
******************


People may not recall what you said to them, but they will always remember how you made them feel .
Reply With Quote Quick reply to this message
 
Old 12-10-2008, 06:28 PM
 
48,516 posts, read 83,901,398 times
Reputation: 18049
Quote:
Originally Posted by lp115lp View Post
MOST definitely! But I wouldn't completely rule out the EU just yet.

Say what you will about George W and his band of merry men (and one lovely woman) but he DID manage to run up a larger national debt, in a shorter time frame, than 'Ronny Ray-gun' (a dig at his 'Star Wars' ABM shield program).

That debt will follow us to our graves IF we continue to be eligible to pay US income taxes. True, some of the EU countries have what appears on the surface as higher tax burdens - but look at the ROI (Return On Investment) you get in healthcare alone. As a fiscal conservative (business owner) I have to plan for the long term - not just the next quarter (or electoral term) so I HAVE to take into account the 'risk to reward ratio' of ignoring/addressing costs of investments.

The 'leaders' of the USA don't want the responsibility of addressing these concerns. Heck, they don't even take the overall costs of providing healthcare to civil service staff seriously so what would make anyone believe they'd care about the rest of us?

That's the main reason the USA will never have a true healthcare system which covers all - regardless of employment or ability to pay. The Govt would lose too many good employees to the private sector - to existing businesses and/or start-ups.

According to the 'WHO' (World Health Organization) France has the best healthcare system on a cost/benefit basis. I've met others who lived/visited France and have partaken of that system and it's a win-win situation for retirees - even those of us who emigrate later in life (though we DO have to pay extra) because we just can't plan for the costs here in the USA and THEY spread the risk (actuarily) over a wider base.

Check out the 'International Living' website for more in-depth analysis. They specialize in 'off-shore' (outside the USA) living and have the latest facts on off-shore developments in immigration, tax and real estate.

That is nothing compared to what Obama proposes now in debit along witht eh democratic lead congress. But Europe is really in even worse shape in the future which you always have to consider. They have more or less taxed out their citizens in payying for social programs.Future cost make the SS;medicare and medicaid problems seem like nothing. The deficit in the future if Obama gets his way will be by far the largest per centage of GDP in US history.More than WWII.
Reply With Quote Quick reply to this message
 
Old 12-15-2008, 09:29 AM
 
Location: Seremban, Malaysia
15 posts, read 48,730 times
Reputation: 19
There are very few comments on this subject, in this forum or others.I'll check out the URL above.I retired to Malaysia 13 years ago and loving it still.I was interested to see what others had done and how they were copinggreg
Reply With Quote Quick reply to this message
 
Old 12-15-2008, 09:46 AM
 
Location: Seremban, Malaysia
15 posts, read 48,730 times
Reputation: 19
I've just checked out the "International Living" mentioned above.
Interesting.!!
Only about 3 of the countries listed have English as the first or recognised language.
Who would want to live in Thailand right now, is crazy. Maybe the site is a bit out of date.
Malaysia is hidden away under "Other Countries".
I've travelled extensively around the world.
Malaysia is better than my home country, Australia.
You could live comfortably on $700 per month.
Greg
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Retirement
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top