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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!)

  #281 (permalink)
 SARdynamite 
Belgium
 
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Even the ones who critic Andorra admit on a thing : it is the best for raising kids. I was talking wth a youngster the other day who was telling me that what he liked about his country is that kids here could be seen hanging around at midnight at 13yo given the fact it has no crime.

I have a trader friend who had chosen Costa Rica to settle : his boys would come back beaten up from school... although he was in a nice area, came back to Europe.

Sometimes they have 2 teachers in class, one who'd speak catalan, the other one spanish, etc. French schooling system is favored since it's free and slightly higher education than the spanish/catalan ones but I guess all fit.
Anyway, raised here, she'd probably grow fluent in catalan,spanish and eventually french (most locals do). Then remains the international school if english is favored which has pre-school included, she would cross more flavors of people and maybe quite a few russian. For higher education, they usually continue either in Toulouse (FR) or Barcelona.

Oh, for adults, free lessons of catala are given by the officials several sessions a year ! You can find also discussion groups offered by locals.

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  #282 (permalink)
 
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 xelaar 
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Awesome! My other concern is I have heard they are giving very hard time documents-wise to people coming from Eastern and Central Europe, ex-Sovbloc, including CZ, SK, HU.

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  #283 (permalink)
 SARdynamite 
Belgium
 
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I know where you read that. I'm afraid that site is likely up to date. Bear in mind that you should not need any introduction service. Passive residency paperwork was dead easy and everything can be done on your own (I can redirect to all the people recommended by those services) in 1-2 days. For active residency maybe you need more help (lawyer or some fiduciary) but I discourage you for that one service in particular (I can explain in private )

Anyway, there are so many russians that a lot of shops/restaurants have now their signs in russian...
What I mean is that the extra paperwork for those nationals surely is overcomed on a frequent basis... as long as you have the patience to translate and legalise the documents required, you should not fear that to be a discouraging issue.

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  #284 (permalink)
 
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 xelaar 
prague, czech republic
 
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Certainly good news, it appears the only right step in order to make some kind of decision what path to follow would be to visit Andorra and to speak actually to a lawyer who can help with a company formation and get their opinion on paperwork required.

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  #285 (permalink)
Pedro40
Pittsburgh, Pennsylvania
 
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There are way more things to life than just avoiding paying taxes or living cheap. And what are the chances that a place what is good for a trader is also good for you as a person or for your family?
If one doesn't mind traveling, why not just keep changing places and only stay in a country as long as a tourist visa allows it? 6 months here, 3 months there, rinse and repeat.

But here is an interesting idea: Assuming the trader doesn't mind to share and like to teach, why not live with wealthy people who want to be traders and want to learn? They have the board and room, the knowledge of the locality, the internet access,etc. Once the teaching is over the trader can move on, or stay if both parties like the arrangement. There are lots of retired and well to do people who want to spend their time a little bit more effectively than just watching the grandkids. Websites like this one are a good place to make friendships...

Anyway, just an idea for profitable and adventurous people...

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  #286 (permalink)
 
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 xelaar 
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I would love that, but now with a kid onboard I must think of a place where my kid will grow up and what educational system will be used, so gypsy style of living is not that easy. I guess it is just fine for younger folks and those eternal bachelors.

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  #287 (permalink)
Pedro40
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xelaar View Post
I would love that, but now with a kid onboard I must think of a place where my kid will grow up

Well, you still have 6 years of gypsyhood left before she goes to school!

(and wealthy people can arrange for private kindergarten (or they might have a nanny), not to mention she could pick up different languages very easily)

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  #288 (permalink)
BillyBobJoe
Honolulu Hawaii
 
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I have visited many places in past years and my favorite in Antigua, incredibly beautiful, good heath services great people and food with affordable housing...Boat moorage very in expensive and minimal hurricane impact.
My least favorite and downright dangerous is St Lucia (I will never return there!).
Belize is ok in the Cays (islands(mostly sand) but travel out in the "country" is dangerous. From Belize city to Capital of Belmopan is quite a dangerous trip due to highway men/robbers. Two times there shadowed by paramilitary and not allowed outside of town without clearance.
I also quite like Roatan Island, but have since met some exresidents who say quite potentially dangerous due to political unrest.
Hawaii is pretty nice all year. Big island of Hawaii is quite affordable with world class (read very expensive) resorts and golf courses. good food and marginal shopping. Good airports and flight schedules. There is all of this due to tourism and minimum wages jobs. Work very hard to find for non-locals. Great place for tele commuters and internet gurus! I'd have a look here and not too heavily taxed. Cost of living for food and consumables is high..ie gas/food/building materials etc. TIME DIFFERENCE East time +5 or 6 hours, makes trading an early morning thing to consider.
I'm seriously considering Ecuador as everything there is affordable 2 international airports and bartering is encouraged and not taxed. property still cheap and democratic government that still works. Tax advantages given to expats.
That's my 2cents

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  #289 (permalink)
 
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 kronie 
NYC + NY / USA
 
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US Virgin Islands, hands down!, and/or Puerto Rico!

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  #290 (permalink)
 
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 Gary 
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BillyBobJoe View Post
.......
I'm seriously considering Ecuador as everything there is affordable 2 international airports and bartering is encouraged and not taxed. property still cheap and democratic government that still works. Tax advantages given to expats.
That's my 2cents

Hey @BillyBobJoe,

I recently started a thread looking for more information/feedback from anyone who is or has been to Ecuador and is a trader:
https://nexusfi.com/traders-hideout/27794-traders-ecuador.html

No activity yet.

Gary

As consistently profitable traders.. "We get paid to wait, and we wait to get paid."
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