Do you really think you could retire overseas?
Looking to stretch that strong dollar even further? The answer for some Canadians is moving to a country with a lower cost of living.
Some 3 million of us live abroad, not counting military and
embassy folks. And while many of these are naturalized Canadians returning to
their first home, some are retirees looking for a new life.
Could you be one of them?
Tax laws, medical care and security may not seem that important when you're dreaming of gentle tropical breezes but they quickly become a preoccupation once you’ve made the decision.
Still, those who have made the move will quickly tell you to jump on the next plane. And why not?
In many places around the world, you can enjoy a wonderful high-quality lifestyle for a fraction of what it costs at home. A week’s worth of groceries or even full-time household help can be yours for pennies on the dollar. And housing can cost you 50-75% less than it might here in Canada, although the medical bills will likely be higher.
But that's never the whole story, of course. For those, check out these forums. Or these personal stories.
If you're thinking of making the move overseas, ask yourself the following, say the editors at International Living:
- Do you thrive on change?
- Are you comfortable in new situations and with making new friends?
- Are you okay with not living close to family?
- Can you speak (or learn) a new language?
- Are you intrigued by foreign cultures and customs?
- Are you single, or if not, is your spouse or partner amenable to moving overseas?
- Are you looking for a way to improve your quality of life while spending less money?
Too much trouble at this stage? Try this short quiz instead.
Could you see yourself retiring somewhere other than Canada? If so, where? Or have you already left?
By Gordon Powers, MSN Money
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Posted by: SP | Nov 7, 2012 11:13:32 PM
Funny how the short article doesn't mention healthcare at all.
One might think that would be important to someone reaching their later years.
.
Then there's the whole political stability issue. Two years ago Egypt would have looked like a lovely place to retire to. I'm not sure that at this point I'd want to be regarded as "that rich American" who's hiding behind a Canadian flag if their economy doesn't improve.
But hey.
I've live abroad too and... It's an 'adventure' !
Posted by: SB | Nov 9, 2012 1:58:28 PM
Probably Turks & Caicos. Stable gov. Old British Colony. Using American $... SB
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Posted by: Eric Gall | Nov 26, 2012 12:30:21 PM
Semi-Retire to Costa Rica!
Description
If you are interested in:
Costa Rica and the amazing lifestyle it has to offer;
wishing you could fish, golf and relax at a beautiful, high-end resort every day;
exiting the Corporate grind and working at a comfortable pace;
living in a paradise with a safe and secure government and banking system;
owning your own sport fishing, adventure or eco-tourism business;
we are offering a vacation/retirement home and boat that makes a significant profit whether you are using or not; this is the opportunity for you!
There are no sophisticated buyer qualifications:
This business can be run by someone with no industry experience.
It is not necessary to speak Spanish.
Title insurance is available to protect your investment.
Costa Rica is only a 2-1/2 hour flight from Fort Lauderdale or Houston.
There is no better retirement area for North Americans and Europeans!
Buyer Profile
Our buyer is likely to fit one of three profiles:
The affluent individual looking to live and fish in a Costa Rican paradise. $2M net worth required.
An investment group or company looking for a place for their members or executives to vacation.
Companies with complimentary services located in Costa Rica, e.g., diving, ecotour operators or marinas.
Opportunity
Tangible Assets! A well appointed three bedroom condominium in the beautiful, exclusive Los Suenos Resort and Marina; a fast boat, great fishing gear, an outstanding crew and a Costa Rican Charter Fishing License; and a Suzuki SUV for time spent exploring the Costa Rican countryside.
Intangible Assets: Marketing methodology that more than doubles the average competitors' bookings of 19 weeks annually and a website management system with an automated bookings process and simplified payment system requiring less than 2 hours per week to operate.
Price
Offered at $1,000,000
Offered By
Eric J. Gall
Florida Business Exchange, Inc.
239-738-6227
eric@buysellflbiz.com
Posted by: Juan Carlos | Nov 26, 2012 1:35:32 PM
I am looking forward to retire in a lovely place like Peru for six months of the year (Canadian Winters of course), Great country, nice economy, lovely people, everything very reasonable, 100% stress free, with lots of adventures by it's coasts, the highlands....and of course the Amazon.....fresh fish, fruits right from the trees, everything natural, what else to ask for?....and as for health care issues?....nothng to worry, great medical system!.