More Americans purchase property and retire early outside the United States than ever before.
Why do they? Listed here are the main benefits retiring outside the United States:
1. It's not that far
If you have your eye on Central America, Mexico or Canada, you're not that far from friends and family. As soon as you get on a airplane, in the event the flight is another one or two hours, so what? That is what retiring is about - having a little extra time for things you want to do.
2. Greater local climate
Based on where you relocate from, the environment is likely to be much better in the previously mentioned places which are nearer to the equator. You won't see any snow at sea level in Costa Rica for example. If you retire early to a tropical paradise with warm climate and lots of sun, does that sound bad?
3. You help save money
While not true if you choose Europe or Canada, nearly any place in Central America, Mexico, South America or the Caribbean will probably be 50% less for your housing expenses. If you retire early in comfort is a possibility mainly because you might have twice as much house or even the exact same amount of house and perhaps a complete time maid and cook!
4. No comfort sacrificed
You'll still have excellent locations to dine, a flat screen Tv, your subscription to Netflix and your Internet connection. While it might take a little longer to get any of the above because the pace of life is slower, is not that what retiring is all about?
Make your inquiries before you relocate. While it's true that outside the United States health care will not be up to the same conditions, it's also true that lots of People in America go overseas for their healthcare. You might have gear about 'medical tourism.' Americans go overseas because they find the health care is equivalent and frequently 1/6 the price of the US for a major procedure. In addition, you can frequently get healthcare treatments that are not approved in the US.
6. Inexpensive services
Would it be okay with you to pay your gardener or maid $3 one hour? Or have custom carbonates made that would price $6,000 in the US for only $400? Since the cost of labor is really much less, your standard of living may be significantly improved to ensure that you live like a wealthy individual! You might not have thought retiring could be so good.
Time to plan a few vacations and spend a week in a few places to check out places that may be exactly where you will spend many retirement years
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