How to Retire Overseas: Why You Should “Think Outside the Borders”

by Alexander Green, Chief Investment Strategist
Monday, April 12, 2010: Issue #1236

It may seem like a dream for multi-millionaires only: Living in a mountainside or seaside villa with a spectacular view. Having a maid, a cook and a gardener take care of your home. Having your personal chauffeur drive you to town…

But it’s not. The dream is already a reality for thousands of middle-class Americans. And as the cost of living, housing, insurance and healthcare in the United States keeps rising, many tens of thousands more will soon follow them.

Whether you’re seeking an idyllic locale, the excitement of a new culture, the adventure of living in a foreign destination, or just a better lifestyle for less money, there has never been a better time to retire overseas.

And you may be surprised to learn that you can do it for as little as $900 a month…

How to Retire Overseas: The Complete A-Z

If you’ve even considered this idea before, you owe it to yourself to pick up Kathleen Peddicord’s superb new book – How to Retire Overseas.

I’ve known Kathleen for well over a decade. As the publisher and editor of International Living for more than 25 years, she understands living and retiring overseas better than anyone I’ve met.

Although she’s an American through and through, Kathleen and her family have lived in Paris, Ireland and now in Panama. She has explored business, investment and retirement opportunities throughout North America, Europe, Asia and Latin America.

In short, she knows her stuff.

She can tell you which countries:

  • Have the best year-round temperatures.
  • Which ones offer exemptions from import duties (the tax you’re charged when importing personal items or household goods).
  • Which ones will allow you to employ a full-time maid for $150 a month or less.
  • Which ones allow you to live comfortably on $1,200 a month… or less.

Retiring Overseas: 14 Countries with the Greatest Advantages

Kathleen goes onto list 14 countries that offer the greatest advantages to overseas retirees, including highly desirable locations like France and Argentina. For each country, she reveals the essential facts about:

  • Cost of living
  • Housing
  • Climate
  • Healthcare
  • Infrastructure
  • Language
  • Culture
  • Recreation and entertainment
  • Safety
  • Taxes
  • Education
  • Accessibility to the United States
  • Special benefits for foreign retirees

The Benefits of An Overseas Lifestyle Without Giving Up U.S. Citizenship

Can you imagine yourself in a new home – on the front steps leading to a sugar-white beach? Sitting atop a balcony overlooking a bustling city? On a hillside villa with a superb view?

You don’t have to give up your U.S. citizenship. Kathleen shows you how to handle all the visa and passport requirements, as well as how to find or rent your home, establish secure bank accounts, obtain free or low-cost health insurance, make friends in your new hometown and avoid common pitfalls and mistakes.

Some, of course, have no inclination to live abroad. Others – like me – would relish the opportunity.

If you share my passion to really experience the world outside our borders – not just as a tourist, but also as a local – check out How to Retire Overseas. Even with the weak greenback, you can live in paradise for far less than you’d expect.

But you shouldn’t try it without an experienced guide. And I know none better than Kathleen Peddicord.

Alexander Green

Editor’s Note: There’s no better way to yourself on the fast-track to a secure, comfortable retirement than by following the recommendations in The Oxford Club’s Ultimate Retirement Letter. Designed specifically with retirees in mind, the portfolio is geared towards safer income investments that generate reliable, steady income over time. This monthly letter is just one of the many benefits that come with being an Oxford Club member. For the full details, take a look at Alexander Green’s report.