I always watch HGTV about real estate and people buying homes overseas to live or retire. I assume u have to be some kind of permament resdent of that country and be a US citizen right? What if u want to retire abroad, how do u become a permanent resident if u dont work?
2007-08-07 11:44:44 · 8 answers · asked by Anonymous in Politics & Government ➔ Immigration
HGTV is the Home and Garden Network about how to sell your home, decorating your home, tips on landscaping and buying a home, things like that.
2007-08-07 11:45:50 · update #1
Most countries have rules about people retiring there. Usually it means proving you have funds to support yourself entirely with no recourse to public funds in the adopted country. In the USA, for instance, a Permanent Resident has to be so for five years before qualifying for Medicare.
2007-08-07 11:54:53 · answer #1 · answered by skip 6 · 0⤊ 0⤋
Sky, the reason why that happens is because retirement is rarely enough to live on comfortably in the US so many elderly go abroad and retire to places like Honduras, Mexico, Costa Rica and so on. What it does though is drives up prices in those countries to where the people there can't afford to buy a home or food.
2007-08-07 13:38:26 · answer #2 · answered by Anonymous · 0⤊ 1⤋
If you want to go live in a other country, you have to become a resident or apply for some type of visa, and pay those country's taxes.
Many people who are 65+ would rather live in Mexico, Costa Rica, Brasil because it is more inexpensive to live there than in the US.
2007-08-07 13:45:29 · answer #3 · answered by rainy32 4 · 0⤊ 0⤋
It is called "being independently wealthy". With enough money, one may retire to any locale in relative luxury without the bother and hassle of having to work for a living.
2007-08-07 11:54:15 · answer #4 · answered by Mathsorcerer 7 · 0⤊ 0⤋
Are you heavily as stupid and/or ignorant as you sound in that submit? Or trolling? u . s . a . isn't the only u . s . interior the international that has wealth, possibilities, freedom, reliable healthcare, etc. "Freedom of the clicking" - lol. You do understand u . s . a . replaced into ranked #40 seven for Freedom of the clicking, outstanding? Oh, and u . s . a . has some outstanding astounding censorship rules. Canada and many Europe have extra comfortable censorship rules, so extremely? the terrific healthcare interior the international? You recommend the single the place hundreds of individuals are in debt and/or unable to pay for it? Or they are perchance screwed over by using coverage companies? you're a humorous guy. "Underachievers" - so which you're asserting Australia and the ecu inquiring for levels and abilities in professions alongside with medical, engineering and suggestion technologies are extremely places for "underachievers"? If it is so, then u . s . a . is finished of underachievers migrating there. LOL. you realize what you're able to do earlier you're making your self look extra stupid and ignorant? prepare for a passport (US passports look attractive, that's a ask your self why in simple terms 40% of individuals honestly have one yet yet such distinctive have this way of outfitted up opinion of places it amazes me) and bypass shuttle in simple terms about all those countries, and you are able to discover that a number of them at the instant are not so "inferior" to usa in any respect. I in simple terms like it while individuals who've by no potential left their redneck state even think of they are conscious of all of it and can talk with reference to the the remainder of the international. i don't even hate usa, as there happens to be reliable and undesirable everywhere that's composed of the u . s . a ., yet regrettably the internet brings out the worst of usa's.. retarded area.
2016-10-09 10:49:07 · answer #5 · answered by ismail 4 · 0⤊ 0⤋
It all depends on the particular country. Once you have one selected, check out the country's Embassy site for requirements. You can also look for American "expat" sites, put together by Americans who are living in these places.
2007-08-07 11:57:23 · answer #6 · answered by Anonymous · 1⤊ 0⤋
Many retirees went to Mexico to live on limited income. Now we can't affford it anymore...next stop, Ecuador.
2007-08-08 04:47:12 · answer #7 · answered by lpaganus 6 · 0⤊ 0⤋
Lots of countries welcome the money (investment).
The rules vary from place to place.
U.S. retirees can really help a local economy if enough of them move into an area.
So, many countries make it easy for us.
2007-08-07 11:54:26 · answer #8 · answered by Anonymous · 1⤊ 0⤋