The idea of retiring overseas might seem appealing with its inexpensive living and the chance for a new adventure.
As global travel has increased throughout the years, many seniors want to continue the adventure of exploring the world by retiring abroad. Others dream of settling in locations with a low cost of living to make their retirement income go further.
Health care, visa requirements, local culture, taxes, and living costs are all part of the decision to retire in another country. With so many considerations, it’s wise to consult with a financial planner, tax specialist, or immigration lawyer and spend at least several months in a potential retirement destination before moving.
Portugal, Spain and Thailand have recently made residency easier for expats.
These classes will discuss the top places to retire around the world.
If you’re considering retirement abroad, you need information and lots of it. But more than that, you need guidance on how to interpret that information. You will find that information on the Annual Global Retirement Index: to help you choose where in the world will best suit your needs.
I am going to focus on the American continent in this class today.
When it was first conceived, the Retirement Index was a special way of coping with an embarrassment of riches. At that stage, they had already spent over a decade exploring all manner of dream locales. The result was a huge and exciting variety of choices and opportunities. But Fast-forward to 2022.
More than three decades have passed, during which their scouts have scoured every corner of the globe many times. The result is a much bigger and ever-growing selection of outstanding destinations where you can live a healthier and happier life, spend a lot less money, and get a whole lot more.