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How to Retire Overseas: Everything You Need to Know to Live Well (for Less) Abroad PDF

371 Pages·2010·2.95 MB·English
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Preview How to Retire Overseas: Everything You Need to Know to Live Well (for Less) Abroad

A PLUME BOOK HOW TO RETIRE OVERSEAS KATHLEEN PEDDICORD has written about living and retiring overseas for more than thirty years, first working as publisher and editor of International Living before starting her own company, LiveandInvestOverseas.com, a website offering its members advice on living abroad. She has lived in Ireland, Panama, and France, and currently divides her time between Panama City and Paris. PLUME An imprint of Penguin Random House LLC 375 Hudson Street New York, New York 10014 Originally published in hardcover by Hudson Street Press, 2010 First Plume printing, April 2011 Copyright © 2010 by Kathleen Peddicord Revised edition copyright © 2018 by Kathleen Peddicord Penguin supports copyright. Copyright fuels creativity, encourages diverse voices, promotes free speech, and creates a vibrant culture. Thank you for buying an authorized edition of this book and for complying with copyright laws by not reproducing, scanning, or distributing any part of it in any form without permission. You are supporting writers and allowing Penguin to continue to publish books for every reader. Plume is a registered trademark and its colophon is a trademark of Penguin Random House LLC. LIBRARY OF CONGRESS CATALOGING-IN-PUBLICATION DATA Names: Peddicord, Kathleen, author. Title: How to retire overseas : everything you need to know to live well (for less) abroad / Kathleen Peddicord. Description: 2 Edition. | New York : Plume, Penguin Random House, [2018] | Revised edition of the author’s How to retire overseas, c2010. | Includes index. Identifiers: LCCN 2017040654 (print) | LCCN 2017041614 (ebook) | ISBN 9781101186046 (ebook) | ISBN 9780452296848 (trade pbk.) Subjects: LCSH: Retirement, Places of—Foreign countries. | Americans—Foreign countries. | Retirees—Life skills guides. Classification: LCC HQ1063 (ebook) | LCC HQ1063 .P43 2017 (print) | DDC 306.3 /8—dc23 LC record available at https://lccn.loc.gov/2017040654 ISBN 9780525538462 (revised edition) While the author has made every effort to provide accurate telephone numbers, Internet addresses, and other contact information at the time of publication, neither the publisher nor the author assumes any responsibility for errors, or for changes that occur after publication. Further, the publisher does not have any control over and does not assume any responsibility for author or third-party websites or their content. Version_2 For Lief, Kaitlin, and Jackson. Wherever we wander, you make it home. ACKNOWLEDGMENTS After more than thirty years living and investing around the globe, my best friends are attorneys, tax advisers, immigration experts, real estate agents, property developers, architects, contractors, and fellow expats based in all the places where I enjoy spending time. Good thing, too, because I never would have been able to put together the pages that follow without a lot of on-the-ground help from experts who call the places featured in these pages home. Thank you, all, for your quick responses to my endless questions and, especially, for your friendship all these years. In particular, I want to thank Lee Harrison; Paul Terhorst; my husband, Lief Simon; and my daughter, Kaitlin Kalashian; without whose help certain sections of this book would be nowhere near as complete and comprehensive as they are. Thank you to my Live and Invest Overseas team in Panama City, Panama, who provided hugely appreciated research and fact- checking support. And thank you to my expert editor at Penguin, Nina Shield, whose guidance and enthusiasm have helped to make this project much more fun and much less work than it otherwise could have been. CONTENTS About the Author Title Page Copyright Dedication Acknowledgments Foreword to the New Edition Original Introduction PART I. TEN STEPS YOU CAN TAKE NOW AT HOME Step 1: Know Yourself Step 2: Budget Your New Life Overseas Step 3: Take Out a Map Step 4: Research Residency Options Step 5: Get Good Tax Advice Step 6: Shop for Health Insurance Step 7: Understand the Local Real Estate Market (for Both Sales and Rentals) Step 8: Figure Out What to Do with All Your Stuff Step 9: Set Up a Virtual Home Office Step 10: Consider Your Options for Unretiring Overseas PART II. LOOKING FOR SOMETHING SPECIFIC Cheap Living Luxury Living on a Budget Retire to the Beach Escape to the Mountains Top Choices with School-Aged Children Entrepreneurs Welcome Best Health Care Great Weather No Language Barrier Part-Time Retirement Overseas Easy Access to Home Tax-Friendly Jurisdiction Established Expat Community Fully Wired Location Special Benefits for Foreign Retirees PART III. THE WORLD’S EIGHTEEN BEST PLACES TO REINVENT YOUR LIFE AND CHASE ADVENTURE OVERSEAS Belize Colombia Dominican Republic Ecuador France Italy Malaysia Mexico Nicaragua Panama Portugal Thailand Uruguay PART IV.

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