What taxes would I have to pay if I retire in Belize?

What taxes would I have to pay if I retire in Belize?

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May 15, 2018

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...

“What are the best reasons to retire overseas?”

“What are the best reasons to retire overseas?”

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April 2, 2018

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?”

“Looking for a country with good medical care and high speed internet/phone service?”

“Looking for a country with good medical care and high speed internet/phone service?”

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March 21, 2018

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?”

“What are your experts top five reasons to move overseas?”

“What are your experts top five reasons to move overseas?”

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February 21, 2018

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?”

Where could a single woman retire on $1300 a month?

Where could a single woman retire on $1300 a month?

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January 30, 2018

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?

Can we live comfortably in Panama on our Social Security income?

Can we live comfortably in Panama on our Social Security income?

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January 22, 2018

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?