Ever think about just blowing this cracker-jack joint when it is time to retire?
What about living abroad? More and more Americans are opting to live abroad at retirement, to save money, live a simpler life, and adventure.
What to Consider
Before you dream about beautiful beaches, amazing open air markets, and friendly people you have to find out how long you can stay and what kind of Visa you will need. You can start with the US Embassy in the country you are interested. For instance, if you fancy spending your golden years in the golden sun of Portugal you can go to https://pt.usembassy.gov – just do a search of “US Embassy” plus the country you are interested in. Start with Visa requirements and then poke around a bit. Next is to do the opposite. Search the Portuguese Consulate (or Embassy) in the US and poke around their website.
After you have some idea of the possibilities for the countries you are interested in, it is time to dream!
Are you a beachy/tropical/eco-kind of traveler? Costa Rica has for years been a favorite destination but Uruguay and Peru also offer relative security and a stable economy where your dollar will go far.
If you are leaning towards a European lifestyle Sweden and German boast a large number of American expats. Split the difference (you want that European proximity but you can’t do without the sun) consider Portugal or Greece.
Besides weather you want to find a location where your dollars are going to last as long as you need. You also want to consider whether, if need be, you will be allowed to work. And also, if homeownership is important to you that is a consideration as well. Not all countries have restrictions but those that do can be particular. For instance, you may purchase a property in Australia but be prepared to spend at lease 50% of the purchase price on renovations and improvements to the property.
Before you drop hundreds on a Berlitz language training course and every Fodor’s its time to dip your toes in and see if you really can imagine yourself there. Visit your local AAA or travel agent’s to schedule your trip and get some tips on how to get off the beaten path – your not likely going to live right in the heart of tourist town so be ready to explore! Then, off you go!