• Ep 33: Guided By The Stars No More: A Roadmap To Retiring Abroad! (Part 1)

  • Dec 11 2024
  • Length: 29 mins
  • Podcast

Ep 33: Guided By The Stars No More: A Roadmap To Retiring Abroad! (Part 1)

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  • Summary

  • There has been an uptick in the number of people looking to retire overseas. In Part 1 of this episode, we discuss the essential considerations for the decision.

    We start by grouping those who want to move into the following groups
    • Those like us, who came to the US ages ago and are now retiring.
    • Those who have worked overseas and now want to return
    • Those who've only visited as tourists.

    We explore the motivations behind such a decision, the importance of choosing the correct country, navigating visa and residency requirements, and the practical steps needed to prepare for the move.

    Other topics that we cover here, amongst others, are:
    • Maintaining connections and communication while living abroad.
    • Safety and political stability are key factors in choosing a country.
    • Visa and residency requirements.
    • Visiting a country as a tourist for valuable insights before moving.
    • The cost of living to ensure affordability.
    • Maintaining a US address for various logistical reasons.
    • Healthcare access etc.

    In part two of this episode, we'll address the financial and tax aspects of retiring overseas.

    Episode Links & Resources

    • CNBC: Retiring Abroad Could Lower Your Cost Of Living
    • Ep 23: Receiving Social Security From Overseas: Answering FAQs
    • Are you Tax-compliant With Your Overseas Assets? - Free Guide - Scroll to the bottom of the page.
    ---------------------------------------------------------------------------------
    The speakers' views and opinions discussed in this episode should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, and financial advice.

    Be sure to join the conversation by visiting our page The International Money Cafe

    Or by following us on social media:-

    Follow us on social media:- LinkedIn; Instagram; Twitter (X); Facebook
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