The Internet has provided some much-needed connectivity to family, friends and access to important things like bank accounts and retirement accounts.
And, while saving money has always been important to retirees, the recession and subsequent hit to retirement accounts, plus rising taxes and health-care costs, have made it a necessity for many. So when retirees get priced out of warm-weather cities in the U.S., cheaper alternatives in other countries become more attractive.
“You can live better for less in a tropical paradise,” said Dan Prescher, the special projects editor for International Living magazine. “It sounds like a dream but you can actually never shovel snow again and live off of half of what you’re living on in the U.S. — or less!”
International Living has seen a huge jump in attendance for their annual seminar on retiring outside the U.S., where they bring in experts to answer questions on everything from financial planning and real estate to foreign currencies, expat taxes and legal issues. A few years ago, they used to get about 150 to 175 people. That more than doubled to 400 last year and this year, they’re looking for a venue that can hold 500.
That’s an important concern for many retirees — the quality of medical care. But, you might be surprised to learn that medical care is often more affordable and just as good — if not better - in other countries as it is in the U.S. In many of these countries, doctors even make house calls, something Americans pay a premium for in the U.S.
The only downside is that Medicare doesn’t cover you outside the U.S. Some retirees have gotten around that by flying back to the U.S. on Medicare runs.
Worried about crime rates in an unfamiliar land? Do your homework and you'll see there are plenty of safe cities in other countries.
“Somebody gets shot in Omaha every day. In Merida [where he lives in Mexico], I can’t remember the last time I heard of someone being killed. It’s one of the safest towns in Mexico – but also in the northern hemisphere.”
You can also find places where you'll be more seure economically. For example: Real-estate prices never crashed in Latin America because there was never a bubble the way there was in the U.S.
Author Resource:-
Los Cielos Estatesis a secure gateway to Costa Rica Real Estate. Los Cielos Estates deals into beach houses, villas property and lots for sale in Costa Rica, Caribbean & Puerto Viejo.
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