Hello, I was wondering if I retire in Belize and do not become an expat, am I still liable for taxes on my Social Security and 401k? What would I owe in Belize? Hi Hawk, Belize will not tax you on your income outside of Belize. If you become a resident of Belize and work for a Belizean company, or start a business in Belize, you will be taxed on that income...
My wife and I would like to retire in Central or South America but we have not decided on which country yet. We will have an income of roughly $2000 a month to live on and are wondering if it is possible for a couple to live well on this every month?
Hi Christopher, Costa Rica has a wide variety of beach communities on both the Pacific and Caribbean coasts. "Best" really depends on what you are looking for...
Lots of Europhiles dream of taking six months or a year to explore Europe…traveling from country to country…staying put for a while (maybe even renting an apartment or villa for a month or two) and getting to know a region…then moving on to the next enticing destination….
Bonnie Hayman – IL Nicaragua Correspondent Hi David, There are SO many great reasons to move overseas that it is impossible to list them all. I chose Nicaragua 8 years ago and I’ll never leave! Here are some reasons why: I’m so much happier here. I’m a middle class gal from the states who Read more...: “What are the best reasons to retire overseas?”
Jason Holland – Roving Latin America Correspondent Hi! Costa Rica might be a good fit for you. First, there is excellent medical care here at a low cost. There is a public, government-run healthcare system that is available to citizens and foreign legal residents for a low monthly fee. And there are also private doctors, Read more...: “Looking for a country with good medical care and high speed internet/phone service?”
Hello, Myself and my husband Bill are strongly considering making the move overseas but are also very unsure so we are writing out the pros and cons. Can your experts please tell me what they think are their top five reasons for moving overseas? We are open to all destinations. I really appreciate any advice. Read more...: “What are your experts top five reasons to move overseas?”
Take a walk down to the main plaza of San Miguel de Allende any evening and you can hear the classic sounds of mariachi music. Troupes stroll through the Jardin (as the main square and...
Suzan Haskins – IL Editor There are single women living in Ecuador on that amount. I’d suggest you look at the highlands area where you won’t need heat or air conditioning. (Electricity is expensive everywhere in Latin America so this will cut your expenses.) In Ecuador’s mountain towns, you should be able to rent a Read more...: Where could a single woman retire on $1300 a month?
My husband and I are thinking about retiring in Panama, but will not have anything other than social security income. Would we be able to live a decent lifestyle we are accustomed to in the US? Also, how do we go start the immigration process? Linda Card – Panama Correspondent Hi Lauren, From your questions Read more...: Can we live comfortably in Panama on our Social Security income?