Should we retire in Costa Rica or Panama?

Should we retire in Costa Rica or Panama?

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June 8, 2018

My husband and I are starting to consider seriously retiring in either of Costa Rica or Panama in the next couple of years. We need a country with easily accessible and excellent healthcare, plus one to which our Canadian pensions are easily portable. Our combined retirement income would amount to approximately $2100.00 net per month. Read more...: Should we retire in Costa Rica or Panama?

Where Should I Retire to Where English is Spoken and is Safe as a Senior, Single Woman?

Where Should I Retire to Where English is Spoken and is Safe as a Senior, Single Woman?

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May 24, 2018

Ann Kuffner – IL Contributor There are actually quite a few single expats over 50 in Belize, women and men alike. That is especially true on Ambergris Caye, where there’s a lot to do. Many of my single women friends either are active volunteers, or own a business that keeps them busy. English is spoken Read more...: Where Should I Retire to Where English is Spoken and is Safe as a Senior, Single Woman?

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...

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?