Escape Artist
  • Features
    • Interviews
    • News
    • Field Notes
    • Trending
  • Your Escape Plan
    • Finance
    • Real Estate
    • Second Citizenship
    • Events
    • Shop
  • Destinations
    • Europe
      • France
      • Germany
      • Italy
      • Portugal
      • Scandinavia
      • Spain
      • United Kingdom
      • Rest of Europe
    • Central America
      • Belize
      • Costa Rica
      • El Salvador
      • Guatemala
      • Honduras
      • Nicaragua
      • Panama
    • Others
      • Africa
      • Asia
      • Australia
      • North America
      • South America
  • Travel Tips
    • Know Before You Go
    • Packing List
    • Food + Culture
    • Health + Wellness
  • Subscribe
Escape Artist
  • Features
    • Interviews
    • News
    • Field Notes
    • Trending
  • Your Escape Plan
    • Finance
    • Real Estate
    • Second Citizenship
    • Events
    • Shop
  • Destinations
    • Europe
      • France
      • Germany
      • Italy
      • Portugal
      • Scandinavia
      • Spain
      • United Kingdom
      • Rest of Europe
    • Central America
      • Belize
      • Costa Rica
      • El Salvador
      • Guatemala
      • Honduras
      • Nicaragua
      • Panama
    • Others
      • Africa
      • Asia
      • Australia
      • North America
      • South America
  • Travel Tips
    • Know Before You Go
    • Packing List
    • Food + Culture
    • Health + Wellness
  • Subscribe
👤

THE NUMBER ONE SOURCE FOR EXPATS, DIGITAL NOMADS, AND DREAMERS.

This field is for validation purposes and should be left unchanged.
  • Your Escape Plan

7 Things to Consider Before You Retire Abroad

  • BY Don Halbert
  • February 9, 2014
Total
0
Shares
0
0
0

Retiring overseas with the ocean at your front door in Panama or in nestled in the foothills of Ecuador is a romantic idea in theory, but before you start packing, you’ll want to make sure it’s the right decision for you.   Here are a few things to think about to see if you’re really ready for the big move.

  1. First and foremost, if you’re even somewhat considering taking your retirement overseas, discuss it with your significant other if you have one.  Make sure you’re both on the same page for where and how you want to spend your golden years.  Overseas divorces can be a messy affair.
  2. Evaluate your daily routine and your hobbies.  Do you need that daily double shot mocha frappachino soy grande?  Do you regularly see the newest movie?  Does life without a garbage disposal make you cringe?  When considering if you want to move abroad, it really is the small things that will make or break you.
  3. There is no one “perfect” retiree destination.  You’ll need to deeply evaluate what it is that’s most important to you: climate, health benefits, proximity to your country of origin for loved ones, cost of living, etc.  Once you have this narrowed down, the ideal location is probably out there for you, but maybe not where you first thought, so stay open to new ideas.
  4. Be realistic about your expectations.  As amazing as your new locale sounds on paper and through visits, it’s going to be very different once you’re finally there.  Even if you’re living in a gated expat community, simple things like running errands probably won’t be as simple or as quick as in your home country.  Anything bureaucratic definitely will be more difficult, and probably in another language, so you’ll want prepare yourself mentally for handling these situations.
  5. Once you’ve selected a destination, consult with a financial planner or tax guy on both ends of the move to understand the implications living abroad might have and how you can possibly organize your finances to your benefit.
  6. Don’t buy; rent first.  Despite the amount of research you’ve done, you’ll never know if you truly like a place until you’ve had a few months to settle in.  Even if you like the general area, you might find that you like the neighborhood a couple kilometers over better.  Give yourself the time you need and don’t rush into anything.
  7. Trust your gut.  When preparing for your new adventure or even once you’ve gotten there, never be afraid to make the changes you need if something doesn’t feel right.  This is your retirement, no one else’s.

If you’re interested in buying a home abroad and want to weigh up your options, visit ECI Developments, who specialize in creating exceptional residence and resort communities across the world.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Related Topics
  • planning your move
  • quality of life
  • renting a home
Previous Article
  • Your Escape Plan

5 Ways Vacation Improves Kids Health

  • BY EA Editors
  • November 9, 2013
View Post
Next Article
  • Food + Culture

Typical Food In Paraguay

  • BY EA Editors
  • September 11, 2014
View Post
You May Also Like
Buying a Property abroad
View Post
  • Your Escape Plan
Why More Investors Are Buying Homes Offshore
  • BY EA Editorial Staff
  • October 8, 2025
Best Places to Live in Spain: A City-by-City Guide for 2025
View Post
  • Spain
Best Places to Live in Spain: A City-by-City Guide for 2025
  • BY EA Editorial Staff
  • October 8, 2025
Hungarian Citizenship by Descent Journey from Amercia
View Post
  • Second Citizenship
Our Journey from America to Hungarian Citizenship
  • BY Ethan Cohen & Learn Hungarian Anywhere
  • October 1, 2025
The Tale of the Tael - A timeless store of value across centuries
View Post
  • Finance
The Tale of the Tael’s: A Hard Lesson about Hard Money
  • BY Michael Checkan
  • September 24, 2025
Craggy cliffs and quiet harbors frame life in the Isle of Man
View Post
  • Your Escape Plan
Life and Opportunity on the Isle of Man
  • BY Aneesa Marufu
  • September 19, 2025
Central America’s strategic position is reshaping the global offshore banking map
View Post
  • Plan B
The Future of Global Finance Runs Through Central America
  • BY Luigi Wewege
  • September 17, 2025
Tokyo's infamous cherry blossoms.
View Post
  • Japan
How I Built a Life in Tokyo in 3 Months
  • BY Annie Nagel
  • September 8, 2025
Global Diversification Tips from Experts
View Post
  • Plan B
Staying in One Country Could Be Your Biggest Financial Risk
  • BY Isha Sesay
  • September 3, 2025
Trending Posts
  • 1
    • Mexico
    Top 10 Things to Know if You’re Moving to Mexico
    • September 26, 2025
  • The Tale of the Tael - A timeless store of value across centuries 2
    • Finance
    The Tale of the Tael’s: A Hard Lesson about Hard Money
    • September 24, 2025
  • Hungarian Citizenship by Descent Journey from Amercia 3
    • Second Citizenship
    Our Journey from America to Hungarian Citizenship
    • October 1, 2025
  • Abkhazia jewel of Soviet summer escapes 4
    • Field Notes
    Secrets of the Soviet Riviera
    • October 3, 2025
  • Summer in Lapland: Lapland’s wild landscapes glow under the endless Arctic sun 5
    • Field Notes
    Before the Snow Falls in Lapland
    • September 29, 2025
Subscribe
Know Before You Go
  • Best Places to Live in Spain: A City-by-City Guide for 2025 1
    • Spain
    Best Places to Live in Spain: A City-by-City Guide for 2025
    • October 8, 2025
  • Expat Child Syndrome 2
    • Wellness
    The Untold Story of Expat Kids
    • October 6, 2025
  • Abkhazia jewel of Soviet summer escapes 3
    • Field Notes
    Secrets of the Soviet Riviera
    • October 3, 2025
  • Hungarian Citizenship by Descent Journey from Amercia 4
    • Second Citizenship
    Our Journey from America to Hungarian Citizenship
    • October 1, 2025
  • Summer in Lapland: Lapland’s wild landscapes glow under the endless Arctic sun 5
    • Field Notes
    Before the Snow Falls in Lapland
    • September 29, 2025
Learn More
  • About us
  • Contact
  • Advertise
  • Subscribe
Why Subscribe

The newly imagined Escape Artist brings you fresh content with a global focus, and sharp, up-to-the-minute coverage of the joys, challenges, and opportunities of life abroad.

For a limited time, we’re offering a special discount on all subscription deals, so be sure to lock-in these incredible savings and start receiving top-notch travel and expat content today!

Sign up for the EA Newsletter

Get important news delivered directly to your inbox and stay connected!

This field is for validation purposes and should be left unchanged.
Escape Artist
  • Terms & Conditions
  • Privacy Policy
  • Cookies Policy
  • Disclaimer

Input your search keywords and press Enter.

Newsletter Subscription
Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/