When it comes to retiring abroad as a single-some places are better suited than others. Places with welcoming policies, friendly people, quality healthcare, affordable housing, well-established expat communities… or all of the above. Read the full report here: bit.ly/SoloExpats.
International Living seems cheerfully preoccupied by the food, the weather, the friendly natives (o yes, many of them speak English!) of these exotic lands. I.L. appears to be far less interested in what the local governments think of expats. I think of a US expat couple who spent time and lots of retirement money building their dream house on a beautiful island in the Mediterranean sea. They hired the friendly natives to help with the construction. When the house was finished the couple applied fir a full residence permit. The government turned them down. It's possible that the friendly natives are still enjiying the house.
I am curious as to why , Assuming they Did first, which would have been prudent, after a scouting trip to determine if the island chosen was the Right spot for them, That Couple didn't continue to do Their homework and see If they would meet the requirements to be approved for residency, Before making the decision to invest so much time and money into their investment. That too me Only seems wise.
Why do you say that? The Algarve area seems to be an area I find interesting and I have a single friend who recently moved to Portugal and he was a world traveler, so I figure he has seen enough of the world to have chosen Portugal.
@suziflorida Portugal recently changed their visa requirements so that it costs a lot more to get residency. Additionally, it is highly recommended that you investigate the tax ramifications of moving to any particular country. What you find out might surprise you.
Been an expat retired and working 22 years in Asia and Latin America. This video was generically and lamely written. We want to hear the realistic nitty gritty! What does our money buy re rent/ownership, Healthcare, etc. I Don't mean to be too hard but we can read about the socio/geo/cultural aspects on our own. Thanks
It’s interesting that the focus for Madrid is on the delicious tap water without any mention of the drought that threatens to upend native Spaniards’ way of life, as well as their tourism industry…I seek to become a world citizen but not by exploiting other countries by buying into superficial overviews of lifestyle gains abroad🤔…the more you know.
Not sure how tourism industry is entirely a bad thing. Many places requrei torurism for economic reasons. It supports their way of life, if not their very survival. Yes, it creates other problems, but that's the trad-off THEY make... I can't judge them for it.
Your assumption seems to be that single expats are perhaps not truly interested in being single. Perhaps you can fathom that the impetus that creates some singles' interest in relocating internationally may be the joy of not being involved with others, of not needing to search for friends, not not being trapped in a society that considers being single somehow strange and inappropriate.
Never any information on taxes. Only to say they have tax treaty with a certain government. Taxes are a complicated matter that one would have to search out tax lawyers of the individual's interested country and then you would probably get different quotes even after that 😂 Just tired of the same videos offering you all the pleasures and then not being able to afford the countries taxes or just paying more (even with tax treaties) than the country you left from (US). topic? Complicated, but would be extremely helpful to a vast number of retirees that do have a decent retirement but don't want to fork out more of share of taxes in two countries without realizing mistake before moving.
Exactly. Finally found information on tax ramifications of moving to Spain and what I found out makes it absolutely a NO GO as Spain taxes your "global wealth" as well as a capital gains tax should you sell property you own abroad.
When it comes to retiring abroad as a single-some places are better suited than others. Places with welcoming policies, friendly people, quality healthcare, affordable housing, well-established expat communities… or all of the above. Read the full report here: bit.ly/SoloExpats.
As a single expat planning for retirement, finding the right place is key.
Further confirmation that I chose greater Porto for my retirement. Obrigada!
Retired New Yorker living in Mexico City, Mexico for the last five years. Now I’m off to Kyoto and Tokyo, Japan for the next chapter.
From Mexico City to Kyoto Japan, not exactly a "natural progression"..lol!
International Living seems cheerfully preoccupied by the food, the weather, the friendly natives (o yes, many of them speak English!) of these exotic lands. I.L. appears to be far less interested in what the local governments think of expats.
I think of a US expat couple who spent time and lots of retirement money building their dream house on a beautiful island in the Mediterranean sea. They hired the friendly natives to help with the construction. When the house was finished the couple applied fir a full residence permit. The government turned them down. It's possible that the friendly natives are still enjiying the house.
That was dumb of them, first why build and why not rent at first to get a feel for a country.
I am curious as to why , Assuming they Did first, which would have been prudent, after a scouting trip to determine if the island chosen was the Right spot for them, That Couple didn't continue to do Their homework and see If they would meet the requirements to be approved for residency, Before making the decision to invest so much time and money into their investment. That too me Only seems wise.
Portugal is no longer a good bet. This information is a little outdated.
Why do you say that? The Algarve area seems to be an area I find interesting and I have a single friend who recently moved to Portugal and he was a world traveler, so I figure he has seen enough of the world to have chosen Portugal.
What makes you say that?
So where do you suggest?
Portugal would diffinatly be high on my list.
@suziflorida
Portugal recently changed their visa requirements so that it costs a lot more to get residency. Additionally, it is highly recommended that you investigate the tax ramifications of moving to any particular country. What you find out might surprise you.
Been an expat retired and working 22 years in Asia and Latin America. This video was generically and lamely written. We want to hear the realistic nitty gritty! What does our money buy re rent/ownership, Healthcare, etc. I Don't mean to be too hard but we can read about the socio/geo/cultural aspects on our own. Thanks
There are plenty of reads or videos on cost of living, and etc. The purpose of this video is a list with general description of each location.
Viva Mexico!!
You don’t mention healthcare in these areas.
It’s interesting that the focus for Madrid is on the delicious tap water without any mention of the drought that threatens to upend native Spaniards’ way of life, as well as their tourism industry…I seek to become a world citizen but not by exploiting other countries by buying into superficial overviews of lifestyle gains abroad🤔…the more you know.
Not sure how tourism industry is entirely a bad thing. Many places requrei torurism for economic reasons. It supports their way of life, if not their very survival. Yes, it creates other problems, but that's the trad-off THEY make... I can't judge them for it.
There's "exploding" wherever we are. Let's not act like we're "hollier than thou".
Preorders just mentioned are in panama
Your assumption seems to be that single expats are perhaps not truly interested in being single. Perhaps you can fathom that the impetus that creates some singles' interest in relocating internationally may be the joy of not being involved with others, of not needing to search for friends, not not being trapped in a society that considers being single somehow strange and inappropriate.
I think she left off the tail end of the headline which should read, for female beginners
Never any information on taxes. Only to say they have tax treaty with a certain government. Taxes are a complicated matter that one would have to search out tax lawyers of the individual's interested country and then you would probably get different quotes even after that 😂
Just tired of the same videos offering you all the pleasures and then not being able to afford the countries taxes or just paying more (even with tax treaties) than the country you left from (US).
topic? Complicated, but would be extremely helpful to a vast number of retirees that do have a decent retirement but don't want to fork out more of share of taxes in two countries without realizing mistake before moving.
Exactly.
Finally found information on tax ramifications of moving to Spain and what I found out makes it absolutely a NO GO as Spain taxes your "global wealth" as well as a capital gains tax should you sell property you own abroad.
Very vanilla video with cheesy stock videos.
Basically clickbait.
🙏✝️🤴
I'm just wondering why none of the best retirement lists never include the Philippines?
not good healthcare, corruption and earthquake and typhoons