- Five Places to Get Affordable Health Care Overseas
Posted on November 29, 2013 by Barbara Ross
In the following five countries you will pay less for health care than you do at home. And the quality is at least as good…in fact, many expats say it’s better. Affordable health care isn’t the only reason to move overseas—but it makes the move more attractive. You can get great quality health care for less abroad, lowering your monthly expenses. Panama offers excellent quality health care and modern hospitals in Panama City and other large towns or cities…
When you move overseas, most things cost less. Health care is cheaper, beachfront property is cheaper and flights are cheaper when you qualify for a retiree program. You can even enjoy a symphony performance for far less than in the U.S., and have a better quality of life for less. Here is a list of five items that are cheaper overseas.
The thought of my hot shower every morning—as I cross the Spanish style courtyard on my way to the bathroom—is a delight. It has to be a quick one though, because my housemates need their hot water too. Then, I hear the church bells begin to ring in the tower of the old colonial church in front of our house…it’s time to go. I grab my backpack and head for the door. I like to walk to work. The others share a taxi, which affords them an extra 20 minutes of sleep in the morning.
There are many benefits to moving overseas: the weather is better, your quality of life will improve and you will always have something to do. Here are a few quick questions that you should ask yourself before moving overseas. 1. What type of weather do you like? If you don’t like the snow then you should…
My profession has taken me all across the world, experiencing unique journeys…attending world famous events…and meeting fascinating people. And I got paid to do it. I have rung in the New Year at Hogmanay in Edinburgh, danced up a storm at Seville’s April Fair, and was awed by the beauty of Buddha’s birthday celebrations in South Korea. I have ridden camels through the Sahara desert, liberated baby sea turtles in Mexico and swam with sharks in Belize.
- Escape to Warmer Climes and Live off Your Property Investments
Posted on November 5, 2013 by Sarah Booth
I purchased my first rental property in the ski resort village of Whistler, BC, Canada, when I was 23-years-old with a very small down payment. At the time, I was working as reservations manager for a property management company so I had first-hand knowledge of the strong returns that could be achieved through rentals. Over the following eight years, I proceeded to buy, renovate, rent short-term, and ultimately sell nine Whistler properties.
The night I arrived in Mexico to start my first English-teaching job…the sky lit up with fireworks! I asked the taxi driver what holiday it was. He responded that it was not a holiday, but likely a birthday of someone in the neighborhood. Mexico likes to celebrate. I decided right then and there, I had come to the right country.
Yesterday, I told you about an opportunity that 12 members of our little group have to visit a five-star community on Mexico’s Riviera Maya. This is an all-expenses paid scouting trip to the stunning Tao project where I’ve negotiated special discounts for RETA members on condos and townhomes.
According to Fidelity Investments in 2012, those aged 55 and older had an average balance of $143,300 in their 401k account. But is this enough to retire on? Maybe not in the U.S., but retiring overseas can be much more affordable than retiring in the U.S.
Since writing was something that I’d always loved, it seemed reasonable that it could become my ticket to traveling the world. I spent a couple of months researching the best way to get started on this new career, and then submitted my first story about Costa Rica to International Living. You can’t even imagine how excited I was when they agreed to publish it!
First-World cities packed with ultra-modern amenities, and ancient vineyard-shrouded hill towns close to tropical beaches and mountain valleys. Among the top retirement spots in the world this year, you’ll find great variety in the cultural offerings, climates and lifestyles. Each destination is desirable in its own way, but they all offer something increasingly hard to come by at home: A good quality of life for a reasonable price.
Here in Campeche, where I live in Mexico’s Yucatán Peninsula, we have only a small expat community. It’s growing steadily, though, with British, Dutch, Italians… and Canadians. In fact, a lot of the North American tourists I see here in the Yucatán these days come with distinctly Canadian accents.
I know of only a handful of places around the world right now where you can buy a property for $150,000…and have it throw off $1,000 a month in yield right from the start. These are the rental-yield super-stars.
Wading knee high in the warm waters of Ascension Bay, fishing rod in hand, I squint against the angled rays of the sun to make out the shapes of my quarry. This is my kind of walk on the beach. Except it’s not a beach at all. There are no crashing waves. No undertow.
Patrice employs local seamstresses to create her original aprons, handbags, table napkins, baby bibs, bathrobes, and other popular items, combining textiles in contrasting patterns. Her collection is sold to foreign tourists and Mexicans who vacation in San Miguel, and internationally through museums, airport stores, and boutiques.
Have you been to a shopping mall recently? Well, one thing you are sure to find there is a frozen yogurt kiosk or self-serve location. And, as I travel around Latin America looking at franchise businesses, I can tell you that the same is happening here. From Santiago de Chile to Mexico City, this quick-service segment is exploding. The reason? It’s the healthy option dessert and consumers are becoming increasingly health-conscious.
Latin America is seeing huge growth in the number of senior citizens. Birth rates are falling across the region. According to a study published by the United Nations’ Economic Commission for Latin America, the population of those 65 years and older will increase three times faster than the total population between 2000 and 2025 and six times faster from 2025 to 2050.
Thirty million Tripadvisor readers voted Tulum #2 in their top 10 Beach and Sun Destinations worldwide in 2010. When you see the beaches, it’s easy to see why … silky white sand, dotted with palm trees, and washed by bright-aquamarine Caribbean waves. Offshore, the coral reef beckons, with a rainbow of exotic fish.
There’s been a lot of talk this year about the Mayan apocalypse, due to take place tomorrow—December 21. Whatever happens, I figure I’m pretty much at ground zero for it: I live in Mexico’s Yucatan Peninsula, home to the Mayans.
I was in Mexico’s Colonial Highlands recently, strolling through a handicrafts fair, when I saw a display of little mirror-compacts with casings made from decorated, beaten tin. I thought they’d make perfect little gifts for girlfriends—a useful item they could toss in their handbags.
Libby Rush worked for a real-estate underwriter—until they suddenly closed shop. She could have looked for a job in the industry she had experience working in, but she wanted to do something different. “I needed to reinvent myself,” the mum of two grown kids explains. She wanted a career that was “fun, where I could be of service,” and that let her travel abroad in search of the perfect retirement spot.
It’s a rare thing these days to be able to say that you own real estate on or close to “Grade A” beach. By that, I mean truly stunning beach, either Caribbean white sands or the bluest stretches of the Pacific Coast. We’ll discuss the following three beach areas in detail at our upcoming International Real Estate Investment Forum…and for those in the room, $91,500 in savings will be on offer.
This is the most stunning stretch of white-sand beach I have set foot on. Standing here, on Tulum’s Caribbean coast in Mexico, with warm sea breezes rustling through the palm trees, I can’t think of anywhere else I’d want to be. If you’re looking for a manufactured resort, stay in Cancun. Tulum is the real thing. Jungle crawls over ancient Mayan Ruins. You’ll find caves and underground rivers.
In this video, Mexico editor Glynna Prentice speaks to an expat couple in Mexico, each of whom moved abroad as a single person. They talk about how being single affected (or not) their decision to become an expat and where to move. This (now) couple, moved to Mexico on their own and met one another there. They both offer advice on moving overseas as a single person.
- Enjoy Freedom, Opportunity, and Adventure When You Move Overseas
Posted on January 24, 2012 by Glynna Prentice
Five years into my expat life, I look forward to downsizing. In fact, I recently bought a small, manageable, lock-and-leave property in Guanajuato, in the Colonial Highlands. It’s a far cry from what I thought I wanted when I first moved to Mexico… Then, I’d wanted a good-sized house, instead of an apartment as I’d had in the U.S.