What advice do overseas retirees have for others considering retiring abroad?
When we asked what advice they have for others considering retiring abroad, they advised...
"If you are thinking about it, do it as soon as you can. You do not need nearly as much money as you would need to live in a retirement community in the US," commented one expat who made the move to Medellin, Colombia.
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"Retirees living abroad often suggest researching potential destinations and costs of living ahead of time, to ensure that your retirement funds will be sufficient. It is also important to consult with an international financial planner to ensure that you don't run into any problems with taxes or offshore banking. Make sure to familiarize yourself with the culture and language of the country you plan to live in so you can more easily assimilate. Lastly, take the time to explore your retirement area and meet locals in order to have a better understanding of the culture," remarked another expat in Medellin, Colombia.
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Other Questions:
- What do I need to know before retiring in Medellin?
- What do I need to know before moving to Medellin?
- How do I find a place to live in Medellin?
- What is a typical expat home or apartment like in Medellin?
- What is the average cost of housing in Medellin?
- How do I meet people in Medellin?
- What should I pack when moving to Medellin?
- Where should I setup a bank account in Medellin?
- Will I be able to find a job in Medellin?
- What is life like in Medellin?
- What do people like (and dislike) about Medellin?
- What type of social life can someone expect in Medellin?
- What is the social scene like in Medellin?
- What advice to expats in Medellin have about housing?
- What are medical services in Medellin like?
- Are healthcare and health insurance expensive in Medellin?
- Is the cost of living in Medellin high?
- What are the visa & residency requirements in Medellin?
- Why do people move to Medellin?
What advice do overseas retirees have for others considering retiring abroad?
If you live in Medellin, newcomers to Medellin would love to hear your answer to this question.
