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Best Caribbean or Central America location to retire? (Now with South America!)


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Best Caribbean or Central America location to retire? (Now with South America!)

  #31 (permalink)
 
redratsal's Avatar
 redratsal 
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Did you consider:



that's what came out from the test Take the 45 Second Quiz and Find Your Perfect Place to Live Overseas – International Living - Since 1979 according to your requirements

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  #32 (permalink)
 ehlaban 
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Well an advantage is that there are some islands that are US territory, that makes
relocating easy.

There are 2 magazines i really enjoy

Caribbean travel+life
and
Islands

The Islands issue of August 2010 talks about best Islands to Live on and an article about
retire to the USVI

I do have that back issue.

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  #33 (permalink)
 jonc 
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1 million... that seems abit too little to retire considering how expensive things are. no?

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  #34 (permalink)
 
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 redratsal 
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jonc View Post
1 million... that seems abit too little to retire considering how expensive things are. no?

You need to consider the local cost of living, your expending style and your buying power expressed locally. You can play with this cost of living index Cost of Living Index By Country, base is New York 100. You live in Australia and your purchasing power is similar to NY, in this case 1 million is not enough, in Thailand, just as an example, with the same value you'd live like a king.

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  #35 (permalink)
 
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 sam028 
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$1M is enough to start, and continue to make some money with trading.
I lived two years in a French Caribbean island, and was not great at all, to be avoided...

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  #36 (permalink)
 
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 Jura   is a Vendor
 
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ehlaban View Post
The Islands issue of August 2010 talks about best Islands to Live on and an article about
retire to the USVI

I do have that back issue.

Somewhat expensive, but they do have broadband, nice weather, US Tax law, and judging from the religion statistics, the culture is not terribly different. Ow and

Quoting 
Several hurricanes in recent years; frequent and severe droughts and floods; occasional earthquakes.

That would worry me.


redratsal View Post

Thanks for the link, just taken your test:

Quoting 
Congratulations! Your ideal retirement haven is Mexico.

The congratulations not withstanding, what was the name of that country with high violent crimes rates, day-time kidnapping for ransom, and a drug-war between cartels and military forces?


sam028 View Post
I lived two years in a French Caribbean island, and was not great at all, to be avoided...

I have no plans of emigrating, but I'm curious to know why you didn't like it. Can you elaborate somewhat about what annoyed you?

Regards,

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  #37 (permalink)
 
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 websouth 
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A First-Hand Expatriation Guide for Americans (IV) – How-to | Living On Dividends

this article has all the details for US residents if you want to be free of the tax net and expatriate. I have not been to either place mentioned. -

...Let’s address the conventional track first. There’s lots of information online about getting citizenship (and thus a passport) from any number of nations. Search for “immigration to _______” and you’re off to the races. It’s generally much easier if you’re already married to a national of that country, but you’ll still probably need to move to that country for six months or more. Another route is citizenship through ancestral claim. That too varies from country to country, but if you can produce birth records for your parents (and sometimes grandparents), then you may be on your way. The super slow conventional way is – while you’re still a U.S. citizen – to immigrate to that country and go through the full residency and naturalization process. This path takes many years…three, five, sometimes much longer depending on the country. The best way to research these conventional options is to read online, write down any questions, and then contact an immigration attorney in the capital city to get your questions answered.

Now onto the fast track. Most people who feel motivated to expatriate don’t want to spend years trying to do so. Although it’s quick, convenient and legitimate, the fast track is not cheap. It’s called economic citizenship. That means purchasing a passport directly through a government’s economic citizenship program. There used to be several countries that offered this path. But over the years the U.S. has successfully pressured nation after nation to shut down the programs. Only two countries are still standing. The first is the Federation of St. Kitts and Nevis. The second is Dominica (not to be confused with the Dominican Republic). For people anxious to break free of the U.S. government’s grip, these economic citizenship programs are a Godsend. That’s why I fear they won’t last....

also
https://www.nytimes.com/2010/04/26/us/26expat.html?src=me&ref=general

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  #38 (permalink)
 
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 Presto 
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bluemele View Post
Denounce citizenship... Of course, then you can only come into the country for so many days a year. To some that is extreme, but I am considering it once the kids get through Uni.



Isn't there a "exit tax"? I looked in to this, from what I can recall you have to pay an exit tax on all of your lifetime income to denounce ones citizenship?

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  #39 (permalink)
 
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 bluemele 
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Presto View Post
Isn't there a "exit tax"? I looked in to this, from what I can recall you have to pay an exit tax on all of your lifetime income to denounce ones citizenship?

Yup, exactly.

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  #40 (permalink)
 meyer99 
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Poker Players Made Refugees Discover Costa Rica Welcome Place to Reconnect - Bloomberg

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