We have been writing about the topic of retiring abroad for many years… and every year it becomes more relevant and garners more reader interest! The facts speak for themselves: over 10% of Americans are considering an international real estate option for investment and/or retirement; the US Social Security Administration sends approximately 700,000 checks a month to foreign addresses; the number of US citizens retiring abroad has risen 40% in the last decade.
Yet just as there is no one right retirement spot for everyone, there is no one right resource to help us each decide what locale and lifestyle suits our needs. Thus, we have compiled 6 resources to help you start, continue or complete the conversation you may be engaging in about the pros, cons and next steps in enjoying an offshore retirement. Enjoy!
Forbes: The Best Places To Retire Abroad In 2020
As an annual Forbes feature, this article outlines 65 places amidst 25 countries. Factors taken into account include: cost of living; quality and cost of local healthcare; overall safety; political stability; taxes (which in many places can be a burden); local hospitality; weather, food, culture; and how easy it is to get by speaking only English.
International Living: The World’s Best Places To Retire In 2020
This list is based upon the experience of expats for the past 41 years and uses the Annual Global Retirement Index – a comprehensive and in-depth survey covering 5 continents. These helpful recommendations don’t just supply information about ‘the situation on the ground’ but what it means for you. (Note that this list is republished on HuffPost Life as their ‘beautiful but affordable destinations’ in which to live your expat life.
Live & Invest Overseas: The World’s Best Places To Retire In 2020
This 13-destination list offers a country-by-country comparison of 13 destinations that have been selected based upon a year of research and up-close travel by the publication’s editors and writers. Interestingly, this is one of the few resources which outlines a ‘standalone winner’, or place that will appeal to the most people. In this instance for 2020, it is the Algarve, Portugal.
AARP: Thinking Or Retiring Abroad?
Written from the perspective of a single, professional woman – this article outlines the now mainstream idea of retiring abroad, and outlines some basic considerations – namely affordability, healthcare and a luxurious lifestyle.
ECI Development: The 15 Questions You Should Ask When You Buy Properties Overseas
This is on our must-watch list for anyone with an interest in international property investments. Available in audio and video format, these 15 questions are divided into 3 categories, namely the property, the developer and the community. You can watch the video in full, or select individual questions to learn the answer.
SAMCAR: Offshore Real Estate Immersion Course & Caribbean Getaway
The SAMCAR Global Real Estate Committee is partnering with ECI Development Corp. to offer REALTORS® a unique travel and learning opportunity in Ambergris Caye, Belize in February 2020. Our own Bobbi Decker Real Estate Team Member, Buddy Saupe, will be attending and co-hosting this excursion as Vice hair of the SAMCAR Global Real Estate Committee. Learn more at SAMCAR and on our blog.
Wherever you go & whatever you do – may you decide to make the rest of your life the BEST of your life!
All my best,
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG
Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/