Every year thousands of Baby Boomers make the decision to retire overseas. There are many issues they consider in making this decision. One reason that is frequently mentioned is the low cost of living in a number of other countries. Americans are often attracted by the idea that they can live in luxury, or at least in comfort, in an exotic location. This is especially true if they are worried that they can just barely survive on their retirement income in the United States.
Other people decide to retire abroad because they want to try something different or live in an romantic, tropical location. They want to experience new experiences during those first few years after they stop working, while they are still healthy and active.
You will find articles here about the best places to retire abroad, including in Panama, Costa Rica, Thailand, Ecuador and other countries. There is also an article about some of the U.S. territories where Americans would like to retire.
No matter why Americans choose to retire overseas, there are also some general considerations people need to think about when they make that decision, including the risks and how to access travel warnings, and readers will find helpful articles below on those topics, too. I ALWAYS recommend that people should talk to a Realtor, tax accountant and lawyer in the country where they are moving, so they learn as much as possible about the laws, taxes, healthcare situation, and rules they must follow if they want to work or buy property.
According to a friend of mine who lives in Switzerland, " I would suggest to go to talk to the local consulate, because Realtors in Spain or Italy are not really qualified to give you the necessary information you know and they would lie to sell you the property. In Italy I would go to talk with a "Commercialista" and a "Notary" those are the best placed to know exactly how much you have to pay on your property, income taxes and so on."
If you are interested in retiring abroad, check out the article links below.
Index of Articles about Great Places for Boomers to Retire Overseas
American Retirement Opportunities in Borneo Malaysia
Americans Retiring in Panama
Americans Retiring in Vietnam
Avoid International Problems When Retiring Overseas
Best Places to Retire Outside the US
Best Places to Retire Overseas from Live and Invest Overseas
Cheapest Countries for Retirement
Costa Rica Has Become a Top Retirement Destination
Five Places to Retire Overseas - What to Consider
How to Access International Travel Warnings and Alerts
How to Collect Social Security and Retire Overseas
Live in Ecuador Comfortably on Social Security
Live in Ecuador Cheaply and Safely
More Places to Retire Overseas
Move to the Abruzzo Region of Italy
Problems in Retiring Abroad
Resources for Retiring Overseas
Retire in Lovely La Antigua, Guadalajara
Retire to San Miguel de Allende
Retiring in Luxury to Hua Hin, Thailand
Step Program for Overseas Travelers
The Risks of Living Abroad
When Grandkids Live Far Away
Why Retire in Puerto Rico, The US Virgin Islands or Guam
You may also be interested in checking out these other index articles or use the tabs at the top of the page:
Gifts, Travel and Family Relationships
Great Places to Retire in the United States
Health and Medical Topics for Baby Boomers
Money and Financial Planning for Retirement
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Photo of Panama courtesy of www.en.wikipedia.org/commons
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