The English-speaking country of Belize has a lot going for it. For a tiny country, it packs a big wallop when it comes to charm and scenery. For the would-be expat—especially if you're looking for real value—there are many areas deserving of your attention. Places where you can live the laidback, Caribbean lifestyle of your dreams.
We first met Laura and Joel (not their real names) a decade ago on the shores of Mexico’s Lake Chapala, where they were vacationing. He was retired and she was happily working as a network television sales executive. He wanted her to quit her job and move to Mexico with him and she was having none of it.
Cynthia Collette moved to Ecuador in 2012 from Minneapolis, Minnesota with five duffle bags and $700. Her monthly income at that time was just $600 a month.Today, she says, “My base income has gone up a bit...to about $725 a month. In the U.S., there’s no way I know of to live on that amount, even extremely frugally.”
If you're planning a trip to Ecuador, my advice is simple: Bring the biggest suitcase you can find...two if your airline will allow it. Get on the Andean Craft Trail in the Sierra region along the Avenue of the Volcanoes that cuts north to south through Ecuador. It is full of artisan treasures that you won't be able to resist. Cotacachi, the village where I live, has a main street lined with leather shops selling jackets, boots, and shoes as well as beautiful handbags and luggage. You can even have things custom-made in a few days. And everything is so much cheaper than you would pay for it in a high-end store—either in the U.S. or in Ecuador. You'll adore Cotacachi.
It’s time to start planning that trip to Latin America. Whether you’re looking to check out the region’s many retirement hot-spots or just enjoy a laidback, low-cost vacation, there’s no better time than now to travel south of the border...
I didn’t expect to fall in love with Mexico City. But I did. And I fell hard. I can’t really explain why…except that everywhere you look, there is something intriguing, colorful, exotically beautiful. …
No matter what politicians decide about healthcare, one thing is for sure—your Medicare coverage won’t go with you if you decide to retire overseas. Luckily, though, there are many countries where, as a legal resident, you can qualify for a local healthcare plan that’s often more comprehensive and less costly than Medicare.
To get to the point where you can shut the door on your life in the U.S. or Canada and embrace a new, very different culture and language, takes a little doing.
Rent overseas before you buy. That’s good advice for anyone looking to try a new country on for size. Despite its incredibly low real estate costs, Ecuador is no exception. Fortunately, rental costs in Ecuador are very affordable, too.
If you’re a U.S. citizen you’ll never be able to walk away from the dollar completely—even if you move overseas. Likewise if you’re a Canadian or citizen of another country—it’s hard to totally divorce yourself from your national currency. Here are two reasons why…