Do what I just did back in February this year. We sold everything in the USA, bought a house and land in San Juan del Sur Nicaragua...bought a 2 bd 2 ba house on 9 acres for $115,000 USD.
We live on much less because the fast paced rat race doesn’t exist, we have a stress free life hanging out on our Pacific beach 20 miles north of Costa Rica with other expats while learning Spanish and helping children learn Enlish. The kids are funny, they notice my Texan accent versus another friend’s who is from England.
Monthly expenses are 15 usd for propane for cooking, 25-40 a month or eclectic (depends if we run the A/C which is rarely needed), 600 for food, rum, beer and restaurants (a month), health clinics are free and routine things like dental cleanings and check ups are very inexpensive.
Couple across the street had their 3rd baby here, total bill...delivery baby care hospital EVERYTHING less than 3000 USD. The hospital is a USA accredited hospital with many expat doctors woirking here.
Ohhh...a Cell phone runs about 20 a month and wifi is 60
Paid my annual property taxes which were 250.00 a year a nd a 10% discount sinice we paid them before march 31.
Many many any young people here from USA raising families and many more retires heading here too.
Top destinations for a stress free and inexpensive retirement are:
Little more expensive are
Haven’t regretted my move and more family members are joining us after they visit us here and spend time seeing it is just like the 1950s pace of life and sense of community.
The government is about to start a canal from the Caribbean to the Pacific to pick up trade traffic fom Panama. Huge investments going on here.
Will be applying or a dual passport thru Panama in June, will soon travel internationally no longer as a USA citizen being spied upon.
Join the hordes of people who CAN see a way out of the looming disaster that will spread across America in the years to come from government financial bankruptcy, inner city riots and continued terrorism.
Do it while you can, some day the USA will prevent you and your money from leaving.
Big deal. People on Clark Street in Chicago get their eclectic for free ;-)
Sounds great - so why are so many South Americans coming to the US?????
Have been retired for a few years and I advise everyone I meet to not retire as long as you are able to continue working. After years of hard work and routines you can get bored in a hurry unless you like joining clubs, playing golf, bird watching, cruises, shopping or gardening. Tried the retirement community - but it was a bad fit for me - so I left. More better for married couples IMHO.
I am lucky to have great, successful busy adult children who live fairly close but since I moved around a lot during my working years I don’t have a neighborhood clan or ‘old friends’ network of shared memories. Money is not the only concern for retirees - there are health issues and loss of routines.....so plan to get involved in some (cheap or money-making) creative hobbies and stay active.
How about Costa Rica???
Got a Room for Rent?
SoCal is getting me down,