Latin America is drawing a particularly large number of expatriates, both because of its proximity to the US and because of the relative inexpensiveness of many parts of the region. While no one knows the precise number of retirees living in the area, signs suggest it is substantial and growing:
The number of Americans receiving Social Security checks in Central America and the Caribbean one gauge of how many people live outside the US rose 26 percent between 2005 and 2012, to 28,126, according to the Social Security Administration. It jumped 112 percent in Panama and 32 percent in Costa Rica.
The number collecting US Social Security checks in South America increased 48 percent over the same seven-year period, to 22,019. It rose 87 percent in Colombia and 47 percent in Ecuador.
Mexican officials estimate that more than 1 million US-born citizens now live in Mexico up from 360,000 in 2000.
"There are 20,000 Americans just here in Lake Chapala and more in Guadalajara," ...
The Mexican states of Jalisco, Guanajuato, and Baja California have traditionally served as destinations both for tourists and retired Americans. But Mexico City has become a magnet for American migrants, too, as security and quality of life have improved in the city.
In Jalisco, the number of US citizens over age 55 more than doubled between 1990 and 2000, increasing from 2,480 to 5,918. The number has expanded far more dramatically over the past decade. "We have the best weather in the world, Wal-Mart, Home Depot, and very good medical care," says Bruce Newby, the president of the American Society in Guadalajara, Jalisco's capital city.
Why US baby boomers are retiring in Latin America
Better weather, cheaper health care, dollar buys more...
I'm brushing up on my Spanish already.
Uno
Maybe the price of admission is cheaper, but in America rich 60 year old men can marry beautiful 22 year old Thai girls too. The amount of required wealth goes way up, but the chance of her having a penis goes way down. This is the balance of nature.And the ladies. I saw so many 60+ year old foreign men with 22 year old beautiful Thai women! It's paradise!
http://www.thaibrides.org/wordpress/wp-content/uploads/How_To_Attract_A_Thai_Woman1.jpeg
Maybe the price of admission is cheaper, but in America rich 60 year old men can marry beautiful 22 year old Thai girls too. The amount of required wealth goes way up, but the chance of her having a penis goes way down. This is the balance of nature.
Not as much as Dave would like us to go. . . .
Rich people help pay for impoverished people like you; people like you can't pull your weight when it comes to roads and government. You should thank them.Yes, please, all of you rich brats leave. Thank you.
Yes, please, all of you rich brats leave. Thank you.
I do think about it periodically. Not seriously, but I have gone so far as to look into likely places. So far, New Zealand sticks out, since I like varied terrain, seasonal weather, and I'm too old & stubborn to be bothered with a new language.
By the way: Expats are still subject to Federal Income Taxes, though you may receive Limited credits or deductions for local taxation. You have to give up your US citizenship to avoid US tax burdens. Google-Fu also indicates Canada and most European nations share social security information to avoid duplicate payments.
Yes, please, all of you rich brats leave. Thank you.
You don't even grasp how truly stupid you are...
I picked yes.
I worked and lived in South Korea for 2 years. I was also able to visit Thailand for about a month. I am currently home in NJ and I don't care for it here anymore.