Caribbelgium–It’s Better On The French Side

“Caribbelgium is what this island ought to be called,” writes Correspondent Paul Lewis, continuing his New Year’s Caribbean cruising. “Half-French and half-Dutch, St. Martin or Sint Maarten has no internal frontiers, and its two linguistic communities mix freely, united by a common ability to speak English, run duty-free shops, and extract money from visiting cruise-ship passengers. “If only Belgium’s perpetually feuding French- and Dutch-speaking communities could make common cause like those of St. Martin or Sint Maarten. “Legend has it the island was discovered simultaneously by Dutch and French warships whose captains, with improbable good sense, decided not to fight … Continue reading Caribbelgium–It’s Better On The French Side

Most Frequently Asked (And Not So Crazy) Questions About Retiring Overseas

The following questions, which we receive regularly, are often preceded by, “I feel a little foolish asking, but I’m just not sure…” Don’t be shy. It never hurts to clarify. For example: 1. “If I move overseas, could I ever return home?” Yes, of course. Living overseas, even full-time, even as a legal resident of another country, affects your ability to spend time in your home country not at all. You’re still an American (or British or Australian, etc.) citizen, after all. You can come and go as you please. 2. Living overseas, would I lose my original citizenship? Again, … Continue reading Most Frequently Asked (And Not So Crazy) Questions About Retiring Overseas

How To Filter The Best Real Estate Investment Opportunities Of 2010

“Falling markets over the past 18-plus months have created crisis buy opportunities,” writes resident global real estate investing expert Lief Simon, “for personal use and for investment. New Year 2010 is a year for action. I’ll present specific opportunities starting next week. “Meantime…invest in a piece of real estate in another country? How do you get started? “First, you ask yourself why you’re buying–for investment or for personal use. The answer may not be clear-cut. And the best case is when you find a piece of real estate that holds out the potential for an investment return (in the form … Continue reading How To Filter The Best Real Estate Investment Opportunities Of 2010

Why Did I Do This In The First Place?

When my boss at the time came to me to explain that the U.S. publishing company where I’d been working for 13 years was interested in setting up a new base in Ireland and to ask if I’d be interested in making the move to open that office for him, I jumped at the chance. I was 34 years old, ready for a change, and eager for an adventure. I’d been covering this live, retire, and invest overseas beat for a long time, but I realized that that was not the same as living it. This was my chance to … Continue reading Why Did I Do This In The First Place?

The Top Three Reasons Not To Retire Overseas Debunked!

Reason #1 Not To Retire Overseas: You have young children. Bring them with you! The advantages to raising children abroad are many, from a second (or even third) language to a second passport. Children raised overseas are generally self-confident, open-minded, and resourceful. They learn to make friends easily and to adjust quickly to change. If you’re hesitating making an international move because you have children, you’re making a mistake. That, however, is not to say that raising kids in another country is easy. When you make a move overseas with children, they, specifically the options for their education, become your … Continue reading The Top Three Reasons Not To Retire Overseas Debunked!

Stop Reading And Get On A Plane

Stop reading. Well…not right this minute. But, after you’ve done your research and your googling, you have to stop reading about living, retiring, and investing overseas…and get on a plane to investigate the possibilities firsthand. Nothing substitutes for feet on the ground. You’ve got to walk the beaches, the pavements, and the hillsides of whatever overseas Shangri-las may be tempting you virtually. Only then can you know if any one of them is the right place for you to spend your time or your money. Readers write every day to say, “I’ve been reading your letters for months (or years), … Continue reading Stop Reading And Get On A Plane

Your Better Half Won’t Budge?

Here’s the second most common reason I’ve heard over the past two-and-a-half decades from people who want to make a move overseas…but who just can’t bring themselves to take the leap: Reason #2 Not To Retire Overseas: Your significant other wants to stay put. As I explained yesterday, having kids at home is no reason not to “retire” overseas. Bring them with you. But a spouse who’s not in favor of the idea? That’s tougher. You can’t very well pack your better half’s suitcase for him (or her), then take him by the hand and lead him out the door … Continue reading Your Better Half Won’t Budge?

Why You Don’t Have to Worry About Outliving Your Nest Egg…

Your retirement nest egg has been marginalized, and you’re thinking there’s no way you could afford to retire overseas. This is probably the most often given reason for why someone who’s interested in the idea of launching a new life in a new country hesitates or even abandons the idea altogether. And it’s the least valid. Here’s the truth: You can’t afford not to retire overseas. I’m speaking both literally and figuratively. Let’s begin with my literal point. You could retire to Cuenca, Ecuador, for example, and enjoy a comfortable life in a safe, pleasant colonial city on a budget … Continue reading Why You Don’t Have to Worry About Outliving Your Nest Egg…

Too Much Stuff—Some Of It Will Have To Go

Not everyone is interested in a life in the tropics…or at the beach. Maybe you, for example, dream of a cosmopolitan life on the Continent. I’m going to let you in on a secret: Euro-city life can be more affordable and therefore more realizable than you might imagine, for reasons you might not predict. The key is adjusting your approach. In the United States, we Americans live big. We reside in three- and four-bedroom houses with walk-in closets, full basements, finished attics, and two-car garages. We have porches, backyards, and driveways, and we fill every square inch of every room, … Continue reading Too Much Stuff—Some Of It Will Have To Go

The Big Benefits Of Being The Only Tourist In Town

“As I’ve explained,Vicki and I considered canceling this trip to Chiang Mai,” continues Intrepid Correspondent Paul Terhorst, picking up where he left off yesterday. “On the Thursday before we planned to travel, Switzerland, Brazil, the UK, and Australia raised their travel advisories to: Do not travel to Thailand. These four countries joined 14 others already making this recommendation, including Saudi Arabia, the United Arab Emirates, Spain, China, Hong Kong, Vietnam, Taiwan, Germany, Italy, Denmark, the Netherlands, Israel, Belgium, and New Zealand. “We came anyway. We flew into Chiang Mai, 700 kilometers north of the main violence in Bangkok. “I wrote … Continue reading The Big Benefits Of Being The Only Tourist In Town

Move Over, Baby Boomers! Make Room For The New Generation Of Overseas Retirees

At what age should you think about retiring overseas? It’s almost never too late…or too early. Laurie Norton and Paul Jewitt, two easygoing Canadians, low-key and modest, started their new lives in Belize four years ago, as young 30-somethings. As Belize Correspondent Ann Kuffner explains, “Laurie and Paul are part of an emerging trend. Move over, Baby Boomers! An increasing number of adventurous 30- and 40-year-olds are making their mark on the local San Pedro Town scene here on Ambergris Caye. They’re making their way down here to La Isla Bonita with small savings and pockets full of dreams, and … Continue reading Move Over, Baby Boomers! Make Room For The New Generation Of Overseas Retirees