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Retiring Abroad

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Darts

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Jan 15, 2017
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If you were to retire abroad, where would you go?

This happened quite a few years ago. The parents (he a retired surgeon) of a friend retired to South Africa. They lived in a gated community, had one or two servants and the weather was mild. Not long afterwards they were back in Canada living in my friend's one bedroom apartment. The South African bank where they had all their money had gone bankrupt.
 
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I'm going to Ecuador for a month after Xmas to see if I'd like it. The rent for an apartment is 300 to 500 a month 5 min from the ocean. Dinner for 2 is 20 bucks including wine, WI Fi and cell is about a quarter of here, and lots of Canadian ex pats.
 
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Possibly Italy or Spain. Italy has good healthcare and both these countries issue long term visas. In Spain if you buy property worth 500K I think they issue long term visas.
 
bazokajoe said:
I'll probably stay right here in Canada.
Retiring in another country brings some concerns. Health care, currency exchange, banking concerns, cultural differences.
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Ive worked and lived abroad .. unless you have already done this forget living else where . its ni picnic young
 
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I have a condo in the Turks and Caicos‘s which I’m currently renting out. When I retire I will spend 3 to 4 months there in the winter and the rest of my time in Canada.
I would never leave Canada on a full-time basis
By the way the banking system in Turks and Caicos is excellent, there’s a lot of international money there.
 
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escortsxxx said:
Ive worked and lived abroad .. unless you have already done this forget living else where . its ni picnic young
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This is good advice.
I too have worked and lived short term abroad and learning the different ways is a hassle. Unless you know the place well or have someone who's already been doing this, I would be careful. Just have a extended vacation somewhere and come back for the majority of the year.
I am retired and I use to ask other people what their retirement plan was before I retired. The ones who said they were going to live half the year or more in other countries were usually the ones who had no savings and/or idea on how that was going to happen.
 
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Hmm I was going to say why would I move to another country where either someone will try to kill me or Mother Nature will try to kill me.

I might as well stay in Canada because the odds are the same; some nut job might stab me in the back with a needle or a coyote might maul me in a park or I might get Lyme disease in a park.

The only difference is if I move to somewhere warm hopefully there will be more hotties wearing postage stamp size bikinis. But the way things are going the hottie was probably a hunk a few months ago. :LOL: :ROFLMAO:
 
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Nathan 88 said:
By the way the banking system in Turks and Caicos is excellent, there’s a lot of international money there.
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The word on the street is lots of drug money in that neighbourhood, Cayman, Bahamas, etc.
 
To me, Singapore ticks all the boxes.

1) 1st world country
2) tradition of British laws and democracy (like Canada)
3) English is the predominate language of government and commerce
4) low tax rates
5) mild weather
6) safe
7) clean
8) Last but not least, my university roommate is now CEO and Chair of his family's business.
 
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Darts said:
The word on the street is lots of drug money in that neighbourhood, Cayman, Bahamas, etc.
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Asia is great but a country like Turks and Caicos is only about a four hour direct flight. You can avoid the long flight and the jet lag especially if you want to return a fair bit.
 
thailand, phil, ecuador, panama, uraguay.

Ive been to thailand and had a blast. if you are over 50 you can get a retirement visa. you need to show a minimum pension or lump sum in a thai bank account.

I still have to visit the remaining.

Im trying to find a country that has low cost of living, decent weather, and the ability to get citizenship(thailand and phil is not possible), good health care and stable banking system.
 
Darts said:
To me, Singapore ticks all the boxes.

1) 1st world country
2) tradition of British laws and democracy (like Canada)
3) English is the predominate language of government and commerce
4) low tax rates
5) mild weather
6) safe
7) clean
8) Last but not least, my university roommate is now CEO and Chair of his family's business.
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And the floggings are priceless .. just dont chew gum
 
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Aruba is one of the better Caribbean destinations. Outside the hurricane zone. Dutch run. Decent medical care. Direct flights. English spoken commonly.

Real estate you can get a 2 bedroom condo in the 250,000 range. Food pricing is comparable to Canada. Big thing is its stability, great beaches, casinos if you like that.

Its an option I'm exploring. But as a back up.
 
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