{"id":1447,"date":"2014-02-22T00:53:40","date_gmt":"2014-02-22T05:53:40","guid":{"rendered":"http:\/\/www.escapeartist.com\/?p=1447"},"modified":"2020-07-06T13:06:12","modified_gmt":"2020-07-06T17:06:12","slug":"considerations-retiring-abroad","status":"publish","type":"post","link":"https:\/\/www.escapeartist.com\/blog\/considerations-retiring-abroad\/","title":{"rendered":"7 Things to Consider Before You Retire Abroad"},"content":{"rendered":"

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\u2019ll want to make sure it\u2019s the right decision for you.\u00a0\u00a0 Here are a few things to think about to see if you\u2019re really ready for the big move.<\/p>\n

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  1. First and foremost, if you\u2019re even somewhat considering taking your retirement overseas, discuss it with your significant other if you have one.\u00a0 Make sure you\u2019re both on the same page for where and how you want to spend your golden years.\u00a0 Overseas divorces can be a messy affair.<\/li>\n
  2. Evaluate your daily routine and your hobbies.\u00a0 Do you need that daily double shot mocha frappachino soy grande?\u00a0 Do you regularly see the newest movie?\u00a0 Does life without a garbage disposal make you cringe?\u00a0 When considering if you want to move abroad, it really is the small things that will make or break you.<\/li>\n
  3. There is no one \u201cperfect\u201d retiree destination.\u00a0 You\u2019ll need to deeply evaluate what it is that\u2019s most important to you: climate, health benefits, proximity to your country of origin for loved ones, cost of living, etc.\u00a0 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.<\/li>\n
  4. Be realistic about your expectations.\u00a0 As amazing as your new locale sounds on paper and through visits, it\u2019s going to be very<\/i> different once you\u2019re finally there.\u00a0 Even if you\u2019re living in a gated expat community, simple things like running errands probably won\u2019t be as simple or as quick as in your home country.\u00a0 Anything bureaucratic definitely will be more difficult, and probably in another language, so you\u2019ll want prepare yourself mentally for handling these situations.<\/li>\n
  5. Once you\u2019ve 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.<\/li>\n
  6. Don\u2019t buy; rent first.\u00a0 Despite the amount of research you\u2019ve done, you\u2019ll never know if you truly like a place until you\u2019ve had a few months to settle in.\u00a0 Even if you like the general area, you might find that you like the neighborhood a couple kilometers over better.\u00a0 Give yourself the time you need and don\u2019t rush into anything.<\/li>\n
  7. Trust your gut.\u00a0 When preparing for your new adventure or even once you\u2019ve gotten there, never be afraid to make the changes you need if something doesn\u2019t feel right.\u00a0 This is your retirement, no one else\u2019s.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    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\u2019ll want to make sure it\u2019s the right decision for you.\u00a0\u00a0 Here are a few things to think about to see if you\u2019re really ready […]<\/p>\n","protected":false},"author":135,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[327,338,350],"yst_prominent_words":[2670,20671,1716,20673,8397,20672,1768,4621,4006,1719,3379,2334],"acf":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts\/1447"}],"collection":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/users\/135"}],"replies":[{"embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/comments?post=1447"}],"version-history":[{"count":1,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts\/1447\/revisions"}],"predecessor-version":[{"id":6391,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/posts\/1447\/revisions\/6391"}],"wp:attachment":[{"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/media?parent=1447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/categories?post=1447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/tags?post=1447"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.escapeartist.com\/wp-json\/wp\/v2\/yst_prominent_words?post=1447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}