It’s Never Too Early…

This article was published in the Escape Artist Weekly Newsletter on October 26, 2018. If you would like to subscribe to the newsletter, please click here.

Hello readers,          

Here’s another weekly round-up from Escape Artist! This Friday, I want to bring up a part of your life that you may not have had time to think about yet: retirement. A retirement abroad can be one of the best decisions you’ll ever make. It can be less expensive, open up a world of opportunity, and so much more.

Find out below just how many Americans are deciding that a retirement abroad is right for them, what costs you should be thinking about in your move, and beyond!

Feel free to explore our website and drop in to ask a question. We love when you ask questions!

Before we get into this week’s round-up, I want to remind you that December is just around the corner. If you haven’t yet, don’t forget to register for our very first conference. We officially have a venue! The 2018 Escape Artist Conference will be located at the MCM Elegante Hotel in Dallas. Details can be found below.

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Don’t Get Left Behind

While destinations like Florida are still a thriving destination for retirees, many are feeling burned by how expensive it has become. One of the easiest ways to avoid the high prices of an American retirement is to remove yourself from the country entirely.

If you are a regular reader of Escape Artist, you may already be interested in a wonderful retirement abroad. You are not alone. In a report published by the Social Security Administration, 680,000 Americans are receiving Social Security checks while living abroad.

Many Americans are finding a low cost of living and exotic life experiences to be very attractive. In fact, many popular retirement destinations offshore are significantly less expensive than domestic retirement destinations.

If you are interested in life and retirement abroad, the 2018 Escape Artist Conference is where you should be. Don’t miss out on the retirement of your dreams abroad.

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You Want Me to Pay for What?

Before you pack up and move to your new home, you’ll need to begin thinking about how much everything will cost. It’s easy to remember things like how much rent will be, what taxes you’ll need to be paying, or other living expenses. But what have you forgotten about or didn’t know to think about?

Below is a list of hidden costs that many retirees who live abroad often forget to think about:

  1. Paying for your home in the U.S. If you decide to leave a house or a car back home, you will have to pay to maintain those assets.
  2. Higher utilities – Sometimes the infrastructure isn’t up to the standards of the U.S. This means services like natural gas, WiFi, and communication infrastructure may cost a little bit more to get the same comforts of home.
  3. Paying more to speak English If you choose to live in a country where English isn’t the first language, you may have to pay for a translator. If you are determined to learn the language, you will want to take classes, which would also cost you.
  4. New health insurance – Whether you choose an international health insurance plan or a local plan in your new home, you’ll want to remember to save money to ensure you are covered.
  5. Exchange rates This last one may benefit your retirement plans. Since many retirement destinations are in developing countries, you could be saving big money on exchange rates. Other destinations, such as Europe, can be more expensive and your dollars may not take you as far.

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See You There!

If you are an avid reader, or even just a casual browser, it’s clear you are curious about life abroad. The only way to get a hands-on experience with our experts is by meeting us in Dallas this winter. Our biggest and most exciting event of the year, the 2018 Escape Artist Conference is coming up! Your contribution to our survey gives us a great idea of what the event will look like, what we will discuss, and how many of you would like to attend.

We now have a location, date, and an agenda for the event! December 1st and 2nd are just around the corner, so book your flights to Dallas now! We are getting excited to meet you and answer your questions!

Want to join us? Contact me here. If you would like to reserve your spot, please send me a message and I will personally send you the official invite.

December is quickly approaching, and there are limited seats! Register today!

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Residency Questions?Consumer Resource Guide

When you move, it won’t be as simple as just booking your flight and going. There are a lot of legal leaps and bounds you will have to take, the biggest being your residency. Seeking residency in a new location varies from country to country. Luckily, our experts know a lot about gaining residency in destinations all over the world.

This week, our experts have chosen Argentina. If you are interested in what it takes to become a legal resident of Argentina, read this article, which is also featured below.

For more information about retirement and residency abroad, Escape Artist is your one-stop-shop for all things international.

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Thank you for reading this week’s round-up! If you’re interested in learning what it’s like to become an expat, don’t hesitate to ask some questions. At Escape Artist, we aim to ensure that your travels abroad run as smoothly as they can.

Whether you are planning on living, working, retiring, or investing overseas, Escape Artist can help you every step of the way. Don’t forget to check out the eBook store for the 2018 Expat Tax Guide and our wonderful country guides!  

For more information on what’s going on in the international scene, check out some of this week’s newest articles!

Conderence

If you haven’t had a chance to fill out the survey for this year’s conference, Click here to find out more information and to stay in the loop on locations and updates! It’s important that this event be exactly what YOU want – no alternate agenda or product pitches! This is about answering YOUR questions!

In order for the event to be a success, take a second to fill out this surveyBy sending us your thoughts, you can tailor the event to your specific overseas needs. We will also be supplying a 10% discount during registration to everyone that filled out the survey to make the event possible!

Top Things to Do in Bali

Bali is an island in Indonesia known best for its laid-back beaches, ancient Hindu temples, forested volcanic mountains, shopping, and so much more. It is a tourist’s paradise and can be a more permanent paradise for expats. Some of the popular towns include Seminyak, Ubud, Nusa Dua, Kuta, and Denpasar. Each has its own unique features to offer travelers. Seminyak and Kuta are popular tourist hubs and beach towns. Kuta has a Shell Museum full of rare and interesting-looking natural shells from all over the world. Ubud features a lot of greenery, as well as resorts and spas. Its Sacred Monkey Forest Sanctuary is a must-visit. Among all of the towns on the island, there’s plenty…

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5 Popular Expat Communities in Singapore

Singapore is one of the easiest Asian countries for expats to relocate, thanks to its diverse culture, safety, and modern amenities. That’s why there are so many thriving expat communities in Singapore. While it can be on the more expensive side, Singapore has proven time and again to have everything that relocators are looking for. Here are the top (in no particular order) most popular expat communities in Singapore.

Tiong Bahru

This city is famous for an eclectic culture of cafes, eateries, wet markets, bookshops, and more. As the city grows in popularity…

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Where to Start Operating Your ICO From?

In this post, we’ll look at where to operate your ICO from. This is different from where you incorporate your holding company. Where operate your ICO from can also be different from the country you issue your ICO from.

It took some time, but many startups and FinTechs are finally starting to take advantage of the potential that cryptocurrency holds. The fierce competition associated with startup and technology-based companies has caused businesses to adapt to newer and more practical ways of receiving funding.

Look no further than the amount of ICOs that have been started in recent years. An ICO, initial coin offering, is a…

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Getting Residency in Argentina

The world is a massive and eclectic place filled with millions of cities each with their own culture, dialect, food, weather, etc. Thanks to technology, we are no longer confined to live and work in the place we were born. We are free to go where we are treated best. So long as we have a portable business, we’re free to choose our home base and which tax laws we will live under.

2018’s politics aside, the United States has a decent and amicable relationship with more than 200 countries globally and they welcome any American citizen who wishes to call a foreign country their home – but, of course, there are certain exceptions. These countries are happy to give you a better tax and business climate in exchange for you moving yourself and your business within their borders.

As an American, you can become a resident of…

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Retiring in Bali

Bali, Indonesia, is one of the most popular havens for tourists in the world. Is it any surprise, then, that it’s also highly popular as a retirement destination for expats? The culture is slow-paced, which can be something for you to get used to, since that isn’t traditionally the culture of the Western world. Some who move to the area love and adapt to this new style, while others find it more difficult. If you are someone who can embrace the slower lifestyle that accompanies beach living in Bali, then you’ll love the new experiences that retiring in Bali will offer.

The culture is unique and still very prevalent despite the…

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This article was published in the Escape Artist Weekly Newsletter on October 26, 2018. If you would like to subscribe to the newsletter, please click here.