Best Places to Move Overseas

When looking for the best places to move overseas, people usually consider low cost of living as the prime factor. This is a misconception. One will have to look at various other factors such as the climate of the place, the safety which is being offered, the medical and various health related facilities, and the cost of real estate. The list is incomplete, you get the idea that cost of living isn't the only factor to keep in mind when you are looking for one of the best retirement destinations for you.

Mexico and Panama are the most commonly sought retirement destinations by many people. It is true that these countries provide cheap and a very low cost of living. However, it is good to also look into the other factors that make up a good retirement destination. Research the health care in the area, would it suffice for whatever conditions you might currently or soon be dealing with. Also consider the safety, look up the crime rate and see what the government has to say on that area. Consider if you can handle the distance from the US as well, will it be too much on you to be that far from your family? Perhaps one of the best things you can do is actually talk to the local expats in the region to get firsthand advice.

There are other options out there like retiring in Canada. The country is relatively closer to the United States, and hence you will be able to keep in touch with your loved ones and relatives. Besides the cost of living, coupled with the health care facilities that are being offered in here are noteworthy. These days many baby boomers are moving to Canada, because according to them, it is more feasible than moving to Panama or Mexico or Costa Rica. However, especially in this country sometimes, the taxes might seem to be higher, and hence it might be a turn off to some of the retirees.

These days, the Middle East is all over the news thanks to the political turmoil that is happening over there. This might generate fears in the minds of many. Actually, there are good retirement options in the Middle East such as UAE and the Saudi Arabia. These countries are known to be in good terms with foreign retirees and the main added advantage when moving to such countries are that you can forget about being taxed. Besides you will be able to enjoy a very high standard of living for a fraction of the cost which is required if you are in the States or in Canada.

Many retirees are also looking towards some of the European countries. The list is topped by Poland and Latvia along with Romania. There are many other factors, but the main factor that should be affecting your decision must be personal preference. Do not fall for the words that are being touted by different real estate agencies. You will be able to do all of the research work by yourself with the help of the internet and firsthand advice. People who have been in the countries mentioned above will be able to help you in providing some much-needed insight into the present conditions and the actual realities of living abroad. It is vitally important that you fully research your options and look into any retirement destination before you make the leap. Thanks to our modern world and the global internet you can now find firsthand information to make that job quicker and easier than ever.

Visit us at Invest Retire Abroad for more advice on international retirement destinations. If you are one of the many Baby Boomers Retiring then you will certainly appreciate this resource of articles, information, and contacts to help you make your move as smooth as possible. If you are moving abroad, then perhaps International Health Insurance is something you will be interested in reading more about.