Women lead the pack for relocation abroad - Relocation Abroad

The baby boomers rejected convention in their youth, and now they are reinventing old age – abroad. 

There’s something undeniably appealing about the idea of living an expatriate adventure in retirement. Striking out for foreign shores can seem both pragmatic and poetic.

Source

Anthropologist Liesl Gambold looks at the growing trend of retiring to a foreign country, especially among single women. 

Do you think more single women will retire abroad in the future?

LG: Quite simply, I think that the fact that pension funds in many places are being threatened, and fewer people have been rigorously saving for retirement. This will mean that, more than ever before, the baby boomer retirees will suffer from economic hardship. 

Since women outnumber and outlive men in this group, women will suffer proportionately more economically. While I think governments should do more to help assuage these hardships for our aging, unfortunately I do not think that there will be a rapid enough response from most governments to really make a difference.

Read the interview

The beautiful money of Costa Rica - Tips- Relocation Costa Rica

The other day I was getting a little nervous wondering about how and where to exchange money for our Costa Rica trip.  I have made currency exchanges for past trips abroad at a currency exchange location in San Francisco prior to our tirps.

The colón (named after Christopher Columbus, known as Cristóbal Colón in Spanish) is the currency of Costa Rica. The plural is colones. The ISO 4217 code is CRC.

The symbol for the colón is a capital letter "C" crossed by two diagonal strokes.
more about the Colon

I realized that you don't get the best exchange rate at these locations and for some reason I was under the impression that I was to make the exchange at the San Jose upon arrival. I asked our Costa rica contact about this and was told that in fact, the airport was the worst place to exchange money. The preferred option would be the use a bank. However, we are arriving very early in the morning on a Saturday and I doubt that we will be able to get to a bank.

How will we get to our hotel or do anything without the local currency?

Good question

Have no fear!  Michael & D'Angelo to the rescue (thanks guys!).

Cleared everything up and now I'm all set!

Take a listen

A Tale of 2 San Jose's - Crime and Relocation Abroad

I was hearing so much about the crime in Costa Rica and I thought I had it all worked out in my head.

Until, I became concerned (again) a couple of weeks ago when Michael & D'Angelo posted this video of a burglary that happened to them in their apartment close to San Jose Costa Rica. Even with the video footage below, the police did nothing.

And.... Today on Facbook I saw video footage of another burglary, this one in San Jose, California. Possibly the only difference is that "maybe" (and that's a BIG maybe) if they catch these 2 thieves, something might happen to them. But since I have very little faith in the police anymore, whether they do something about it or not doesn't make much difference to me.  but I feel a little better now (of course I feel bad for the victims) but..... the point for me  is 
Keep it in all in perspective, this kind of crime can happen anywhere!! 

PF Chang's opens today in Costa Rica - Relocation Costa Rica

I know people would be all over my case if I said publicly that I am just a "little" happy that PF Chang's is opening in Costa Rica.  I actually like PF Chang's and their high priced cocktails! 

Our neighborhood Pf Chang's

Now, I'm not saying that all change is good change. It's not, but there is still plenty of old world Costa Rica left. I see no issue with some home town eateries showing up. It's opening in the right place too.  Escazu is an upscale city where many other "US " style restaurants are also located. I admit it, from time to time I might just want to frequent something familiar. (if I were to say this on any of the Costa Rica expat forums - I would be barraged with sneering, jeering comments like "don't come here" and "stay home"  They will warn that soon Costa Rica will be a little "America" (Ok, Ok maybe that would not be good) But here's my point. It will be nice not to have to fly 3,000 mile back home for some China Bisrto.  And anyway, neither I nor them have any say in what types of places open in Costa Rica. (And I am happy to have my own blog where I get to say whatever I want) Just Sayin! 

For Breast Cancer Awareness Month - the horse is pink

Grupo Enjoy, an investor group in Costa Rica working with 100 percent domestic capital, is preparing to unveil its latest $2.5 million investment in early November. According to finance reporter Evelyn Fernandez of business weekly El Financiero, Grupo Enjoy will welcome diners to the very first P.F. Chang’s China Bistro in Costa Rica, located in the ritzy Avenida Escazú, on November 3rd.

Click for the rest of the story

Moving slow but Celebrating the baby steps - Boomer Retirement Abroad Costa Rica

Back with a quick update!

I'm hoping this blog will prove to be an invaluable resource tool, as I look back on my preparation for retirement and relocation.  As an added bonus it may also help someone else. 

Costa Rican sloth photo source

But, I feel really good! 

We  have come a long way baby!  There are so many things to research to pull off a move like this.  Starting with the exploratory trip.  Yes, we still have a very long way to go but at least we are beginning to tie up loose ends regarding our first visit to the country.  I consider that progress!  We locked down a potential time slot to visit and set a deadline of September 15 for all those going to give their final confirmation. 

We’re working on our itinerary of stops and I have to say, I am really delighted with the information we've obtained through networking.  I can’t stress enough how beneficial it can be.  If I have a question I google first and then I head over to an online forum, Facebook or reach out to a fellow blogger.  The people are usually kind and helpful and they will often go out of their way to really help you.  I think of all the people I have contacted, only one or two have turned out to be duds (always expect that some people aren’t going to help you).  Don't take it personal.  Just keep on keeping on!   All the good advice, friendliness and support from the others totally outweighs the bad. 

So today I’m celebrating our progress thus far and giving a big shout out to all the people that have helped us by answering tons of questions (which I'm sure probably seem silly to them).  

Oh, maybe you are wondering why I posted the photo of the sloth today.  I don't f think I've ever really thought of seeing a sloth in my yard or slowly walking across the road or hanging from a tree overhead but it appears that is the norm in many areas of the country.  So, I've come to the conclusion that I better get used to this animal and I think a bit of research is on the horizon.  There is even a Sloth Sanctuary very close to the towns we are considering on the Caribbean coast.

So....stay tuned

and

Pura Vida
(a phrase meaning “pure life” that typifies Costa Rica's smart balance of nature and community)

My Countdown to Retirement starts now - Boomers Retirement Travel Abroad

Decided I might as well start journaling my time to retirement.  Who knows, maybe the time will go faster! (fingers crossed)

As is stands now, there are exactly 22 months and 2 days till I can get out of the work-a-day rat race!

Right now, the beach lovers, have made living on the beach the focus of attention and so we have been looking at videos and trying to familiarize ourselves with the beaches of Costa Rica.  I have to admit, the beach was never very high up on my list as I am pretty sure that I will melt like a Hershey bar in the scorching heat...but on the other hand, could there be anything that says retirement more than a house on the beach?  So, I am keeping an open mind and going along with the group for now.

This weekend's research centered mostly on the town of Tamarindo. Tamarindo is located on the Nicoya coast on the northern Pacific coast of Costa Rica in the province of Guanacaste.  The area has a population of about 3.525, however the town itself has a population of about 500.  We watched a lot of videos about this popular destination spot with its beautiful beaches and even more beautiful sunsets. 

The area is very popular with surfers and there are a host of water sports and activities to engage in.  Since I'm not a water person, I am more interested in the boutiques, access to shopping, restaurants and how close we are to medical facilities.

We are in the process of doing our due diligence on Costa Rica. Anyone considering relocating (especially to another country) should be sure to do plenty of research BEFORE making a decision. There are several recommended Due Diligence Tours offered in Costa Rica where you can find out everything you need to know about the all important questions regarding relocation.

I will continue to post about Tamarindo as we proceed through our process of discovery.

One thing is for sure. Even if we don't end up living near the Guanacaste area, I HAVE to experience one of those sunsets for myself.  I saw enough videos to believe that those amazing sunsets actually do exist!

Night Walk in Marseille - Take the walk - Boomer Travel Abroad

Marseille is the second largest city in France after Paris and the center of the third largest metropolitan area in France after Paris and Lyon. Humans have inhabited Marseille and its environs for almost 30,000 years. Marseille is a major French center for trade and industry, with excellent transportation infrastructure (roads, sea port and airport). Marseille Provence Airport, is the fourth largest in France.

Paul Cézanne: The bay of Marseille from l'Estaque

Night Walk in Marseille is a fully-immersive digital adventure where you can walk the streets of Marseille, discovering an eclectic nocturnal neighbourhood and meeting its diverse characters.

"Night Walk" takes you on an immersive journey through lively Cours Julien, a neighbourhood of Marseille famous for its unique atmosphere and street art. Listening to your guides Julie and Christophe, you can wander around the vibrant streets as if you were really there, thanks to 360-degree panoramas that we captured at night. Your walk is enriched with photos, images, videos, sounds and interesting facts, allowing you to dive into this neighbourhood and learn more about its diverse culture and history. Enjoy your night walk!

Go here to start your walk

Boomer Retirement Abroad - Looking for an apartment in Buenos Aires? HGTV full episode

Argentina is a wonderful destination for those considering a retirement overseas. It is a beautiful country that is often compared to Europe for its culture. In other words, retiring in Argentina can be a comparable and affordable alternative for those who have dreamt of retiring in Europe but are unwilling to yield to Europe’s high cost of living.

An Economical Retirement in Buenos Aires or the Argentine CountrysideThe cost of living in Argentina is quite low, so your retirement funds will be able to stretch a long way in this part of the world.

In Argentina, you can live in the gorgeous metropolis of Buenos Aires, which is full of culture, art, and museums. Or if you are searching for more tranquility for your retirement, then you can set yourself up on a stunning private ranch in the beautiful Argentine countryside. Argentina is modern, developed country with very accessible and affordable health care. There are also lots of great real estate opportunities throughout the nation, both in Buenos Aires and the countryside. Prices that are so low, you will most likely be able to afford a retirement property in Argentina that is far superior to what you could purchase for the same price in the United States.

source: International Living

Take a look at Marisa and Mark as they search for a home and office in Buenos Aires

Helpful Tip:

Speaking Spanish Is Not a Prerequisite for Retiring in Argentina

When you retire to Argentina, it is nice to learn some basic Spanish because it will help make life easier and allow you to engage more with the local Argentines. But can you get along without Spanish? Yes. In the better hotels, restaurants, and shops, there will be at least one person on the staff who speaks excellent English. If the help is under 30 years old, they will typically speak some English from their schooling. Your only problem will be in small establishments and most taxis. But if you have the hotel or store phone a cab for you, they can tell the driver in Spanish where you want to go. Everyone is polite and willing to help, so speaking Spanish is a luxury, not a necessity.

Boomer Retirement Abroad - Some Costa Rica Facts

According to Travel Market Report, roughly 3.3 million American baby boomers claim that they intend to retire abroad.

As prices continue to rise in the US and health care costs remain a huge concern for many retirees looking to retire on the cheap, there has been an increasing number of expats relocating to countries in Central America. 

Costa Rica is still a first choice destination for many of those seeking a better life abroad. 

San Jose, Costa Rica (capital)

Costa Rica 

Costa Rica boasts 27 hurricane free micro climates, abundant and inexpensive highlands real estate up out of the tropical heat, humidity and bugs of the coastal areas, and a welcoming attitude by the Tico people. 

It's not as inexpensive as it used to be but a typical Social Security income of $2,000/month for a couple will provide enough money to live in a good house, have a part-time maid or gardener, and still have enough left over at the end of the month for a little fun.

• Jobs are not easy to find although starting a business is feasible. 

• Retirement visas can be obtained (you can file papers yourself although the process can become a bit problematic). For a more seamless process it is recommended that you seek the help of a lawyer. BEWARE - Lawyers are lawyers everywhere (some good and some not so good). Be sure to do your research before hiring one and NEVER pay their entire fee upfront.

• English is spoken more and more in Costa Rica, and you can probably get away with not speaking Spanish. However, it is recommended that you learn at least some basic Spanish. It will also help you feel more like you are a part of the community. Being able to speak some Spanish is a must outside of the capital

• Anyone in the country can legally buy and own real estate (it is advisable to rent for at least a year BEFORE buying any real estate). Do not be lured in by the hype of the many ads hawking cheap real estate. Although real estate is very affordable (beware of scams) and be sure that you know that you really want to live in Costa Rica first. Investigate the areas and get to know the culture before buying. Make 'rent before you buy' your mantra!

• Cars and other 'luxury' items are heavily tariffed

• Fruits and vegetables are inexpensive and abundant. You will pay a high cost for imported goods and your favorite foods from the US (up to twice as much

• Electricity rates are on the rise so keep that in mind when choosing a location to live. (if you want to live at the beach where it is HOT you will be spending more on electricity to run that air conditioner)

• Costa Rica boasts top notch medical facilities (with English speaking doctors trained in the US) affordable health care costs for a fraction of US costs and inexpensive medication costs

• Once again the topic of CRIME comes up. Once again, I will say, what you classify as high crime is relative. Always stay vigilant and don't make yourself a target. 

Costa Rica Travelog

ALWAYS do your HOMEWORK   I've already done a ton or research (which I will share here) and I've talked to many people who have first hand knowledge about living in Costa Rica Stay tuned for more information on moving to Costa Rica

Boomer Retirement Abroad - Buenos Aires, Argentina

Buenos Aires, Argentina 

The Paris of South America or The Poor Man's Paris

Buenos Aires is a beautiful and graceful cosmopolitan capital city, boasting splendid cathedrals, opera houses, and broad avenues where residents can be seen strolling until the early hours. Much like Paris, dinner in Buenos Aires frequently starts at 11:00 p.m. or midnight, and restaurants stay open until 7:00 a.m.  

Buenos Aires is an affordable alternative for those who wish to retire in Europe but can’t quite afford the living expenses! 

Argentina has many locations where one could settle, but Buenos Aires is the main destination for retirees looking for a more affordable way of life.  The city continues to appear as one of the top choices for retirement.  Even with spiraling inflation, expats report that they can live comfortably on $2,000 a month.  Healthcare is very good and there are also world renowned resorts and beach areas within a short driving distance. 

WHEN TO GO: Buenos Aires has a mild climate. Average temperatures in January, the hottest month: about 74 degrees. June, July and August are the coldest; average temperatures all three months are about 50 degrees. The shoulder seasons -- spring and fall -- are perhaps the best time to visit the city. Of course, if you plan to use the city as a springboard for visiting other parts of the country, plan for temperature variations as drastic as those in the United States.

for more info: click

Click for my Buenos Aires relocation review and scorecard

Boomer Retirement Abroad - Know your rights when you transfer money

People send tens of billions of dollars from the United States to foreign countries each year, and we are doing our best to get the word out about the new consumer protections they now have. We’re working with nonprofit organizations, state agencies, churches, consulates, and others to distribute posters, brochures and other materials to the communities they serve.
Read more here

Boomer Retirement Abroad - How to narrow down your choices

So, It's getting close to retirement and you've been seriously considering making the move to a spot outside of the U.S. You've already studied the list of things you need to know before you retire, and now you're ready to choose a location. The BIG question on your mind is HOW to you make the choice with so many countries to choose from.

First, of all you should select someplace that vibes with who you are and don't forget to think about the culture. There will be no getting around the culture. It makes no sense to move to a country soley because its on the list of best places to retire. 

The first thing I did was decide what countries I had an interest in or had been to before. You know you’re interested in living somewhere if your vacation plans target it for years on end.

Many people begin with plans for a relatively short stay abroad and are surprised at how much they enjoy the lifestyle and the adventure; the time goes so quickly that they haven’t seen or done all they’d planned.

If you intend to live overseas for a few months, choose rented accommodations that leave you free to come and go without the commitment of purchasing a home. You can try new locations when the spirit moves you, and commit to a favorite spot later if you decide it’s for you.

Redefine retirement
Feel the need to roam? Don’t want to limit yourself to just one retirement destination? Choose several locations. Find a starting point. Rent a place and use it as your home base, then travel around the country or out of the country to other places you want to explore.

What a great way to see the world!!

list of suggested places to retire abroad

I'm Just Sayin!

Boomer Retirement Abroad - Part 2 - Know the facts BEFORE you go

It's going to be a lot of  fun researching the countries I want to relocate to. I'm super excited, but before we can get to the fun part, we have to tackle the serious issues.

Let's get this out of the way so we can move on!

What about Health care abroad?

For most retirees, access to quality health care is a really big concern. When relocating outside the U.S it is important to understand the cost and quality of care in the country where you plan to retire. Medicare doesn't cover health services once you're outside of the U.S.  Make sure that the health care is comparable to that in the U.S.  You can do this by researching physicians and facilities in your potential destination. Health care varies widely from city to city but you can find good options for both health insurance and health care overseas. Start by deciding whether you’re interested in purchasing international health insurance. The world’s biggest international health insurance carrier is Bupa International.  

There is also the option of health insurance in the country where you’ll be living. Costs can be very affordable (less than $100 per month). If you are going to be traveling form country to country this choice would not be a good option as it will only cover you in the country where you are living.  Some people also choose to go without health insurance at all, which can actually be a smart choice. In some parts of the world, medical costs are so low that it makes more sense to cover them out of pocket than pay to insure against them.

Another choice is private health insurance — which is often less expensive overseas. Some retirees plan to live in another country for the early years of their retirement and then come back to the states for the later years. Many who retire overseas are back by age 72.  But keep in mind, if you return home and sign up for Medicare, your premium will be 10% higher for each 12-month period you could have been enrolled but were not.

Tax implications?

Don't forget about taxes.  The IRS taxes U.S. citizens on income no matter where they live, and even if you give up your citizenship, you'll still owe income tax as a nonresident alien. The U.S. also has laws to collect income tax from retirees who move their assets to a foreign country. The good news? Many countries, such as Canada and Mexico, have tax treaties with the U.S. that prevent double taxation.

Federal taxes won't differ much no matter where you live, but your state and local tax will. Nine states, for instance, have no income tax at all, while others can take a real bite — California, for instance, charges 8 percent on taxable income over $38,004.

Cost of living really comparison?

When calculating expenses you will need to consider your entire budget. For example, relocation costs — whether moving your belongings or furnishing a home from scratch — may be higher than if you moved somewhere in the U.S. The cost of groceries, heat, electricity, cellphone service and transportation may or may not be less than what you're spending now. In much of Latin America, a couple receiving 2 social security checks can live comfortably on their Social Security checks. An estimate would be between $1,500 - $2,000 per month depending on the country.

What will you do with all that time you have on your hands?

Many retirees hope to work during their retirement, living in a foreign country may make employment more complicated. 

How will you manage your assets?

Finances can usually be managed long distance with no problem so expat retirees can keep their assets in the U.S., where the economy and political situation are relatively stable. You'll also want a local account to avoid currency exchange fees and ATM withdrawal charges.

See Kiplinger's 14 most pension-friendly states 

Retirement AARP Calculators

information source AARP

I'm Just Sayin!