Posted on 06/19/2010 7:39:53 AM PDT by BenLurkin
The average Social Security check is about $1,200. You can receive that payment while living anywhere in the world. In some countries, you can even have your Social Security check direct-deposited into your local bank account. Here are five places where you could retire on your Social Security income alone.
Boquete, Panama. Panama offers super user-friendly options for foreign residency. Resident retirees receive a long list of benefits including discounts on everything from prescription medicines and in-country air travel to closing costs on the purchase of real estate.
Granada, Nicaragua. Granada is ... home to a welcoming community of expat retirees enjoying new lives in this land of lakes and volcanoes. You could live well in Granada on about $900 per month.
Hangzou, China. About $1,000 a month could buy you a comfortable and super-exotic new life in Hangzou.
Morelia, Mexico. You could retire on a budget of about $1,100 per month in this colonial city full of charm and history.
Cuenca, Ecuador. The average monthly Social Security check ($1,200) could also buy you a pleasant new life in Cuenca. The city has an established community of expats who will welcome you and help with your transition.
(Excerpt) Read more at finance.yahoo.com ...
Bookmarked for later.
Interesting.
But how is it in relation to the problems Mexico is having with drugs and violence?
My brother has to go to Detroit for the next month and is dreading it...was there for a month last summer. He and co-workers don’t venture too far from their hotel.
“What kind of place can you get on the beach for less than $500/month?”
I do not pay $500.. I pay less then $100 for rent.
That is a two room cottage with a kitchen nook (microwave, fridge, toaster, and two burners)
Bedroom with TV and A/C.
Western style bath, all tile.....All furnished.
My DSL adds $20 and electric at about $40
I do not have or need a car.
My kids basement if i had kids
What part of Thailand do you live in. I agree of all the places I have been in the world Thailand would appear to be one of the easier to live in for an American.
Man, what an incredible deal. Is it a standalone house or an apartment of some kind? Is it literally right on the beach?
You probable never get speeding tickets
Any place in the anglophone world?
It is a town of almost all Americns and is very safe.
The entire city of Detroit should be enclosed in a glass hemisphere and designated a National Monument. People could still live inside and go about their daily lives, but for the rest of America it will serve as a window to the future. The fate of every city where liberals are given unchallenged power, indefinitely.
Good link for the Philippines:
http://www.LivingInThePhilippines.com
Some good rules of thumb about retiring overseas.
1) Retire to a colony of Americans, not just on your own. The more it is like an enclave, the safer you will be. Avoid being the first or the newest to move in. Have neighbors that will watch your place if you leave it for a while.
2) Figure out the back-and-forth with America. That is, how often travelers come and go to the US. It is much easier to live outside of the US if you have “private importers” willing to bring you stuff you can’t buy locally. Also find out what you can mail order, and what you can’t, and if the local Post Office and international shipping companies are honest or not.
3) If you need servants, there are all sorts of rules that you must follow. Americans are often servant-averse, at least at first, but in some places, servants come with the property. If you fire them, they and their family are sometimes financially ruined. Importantly, they are often fonts of local news, that can save your bacon if they share it with you. “Oh, BTW, the revolution starts next Tuesday. You might want to leave the country”, is worthy of a very big tip.
4) Avoid arguments about politics and religion, and remember that the US constitution and Bill of Rights does not apply there. You must learn a whole new set of laws. If there is corruption, don’t try to fight it, because you will lose.
5) Most other countries are not the Moon, so if you are willing to pay for it, you can probably get it. Adapting to local food and customs is a lot cheaper, however.
“Man, what an incredible deal. Is it a standalone house or an apartment of some kind? Is it literally right on the beach?”
Well, it is a bit hard to explain.
Our apartment is one of four separate living units, but far and above the others.
My landlady has two rooms up on the road, one single room behind that for her daughter or other visitor. Behind that is one other larger unit, but it is crude/rough/typical Philippine style.
My unit is western style, all tile floors, painted concrete walls, and all tile bathroom. There is a concrete front porch, and concrete walk to the road/beach.
It is small, but fine for two people.
The beach is about 100 feet up the walk.
It is not a white Florida sand type beach, but one of the best in the area.
People come down from the mountains, and also from as far away as Cebu City, two hours north of us.
The views in all directions are great.
My House!
Or at least my Mother in law thinks so.....
Does anyone have any info on Chile as a possibility?
ping
I would be interested in more info on the ex military enclaves if anyone has info.
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