Pauls' Revere
Member
- Joined
- Nov 15, 2007
- Messages
- 11,347
My list of criteria for choosing an overseas locale.
1) 1st, 2nd, or 3rd world country. Take your pick and look at the globe.
2) probability of needing to learn another language. Not fluent necessarily but enough to buy food, change money, find medicine, etc..day-to-day stuff.
3) Infrastructure and your ability to travel around. I like places with roads.
4) Banking and finance ability, does it support your financial needs? ATM's, investments, access to cash? bank stability.
6) personal safety, are there roving gangs with .50 cals on the back of pick ups? - maybe that's your thing, dunno.
7) form of government, sorry I'm not into dictatorships and I assume since your using the forum your not either.
these are just some of the top areas I used to widdle it down. I also looked at the OCED website and with banking you can find yourself in a grey area pretty quick.
Check and see if the place you choose has whats called a "Totalization Agreement" with the U.S. this is IMPORTANT because you can avoid double taxation if they do. You either get taxed under the U.S. system or the foreign one. In addition, Travelex has a cash passport card to hold 5 different currencies on if you wish. https://www.travelex.com/cash-passport that will convert currency rates for you in a defined order of currency status. Dollar first, Euro, Yen, etc... I hope to make my plans a reality someday. But I'm not loaded so I have to find a way to do this on a dime. I though about Nevis https://en.wikipedia.org/wiki/Nevis as a place to retire. The port city of St. Christophre looks awesome
https://en.wikipedia.org/wiki/Saint_Christopher-Nevis-Anguilla google those images. But for me the island fever would be to much. I do have a place in mind and am working toward that end, its a 13 year plan but it will happen.
1) 1st, 2nd, or 3rd world country. Take your pick and look at the globe.
2) probability of needing to learn another language. Not fluent necessarily but enough to buy food, change money, find medicine, etc..day-to-day stuff.
3) Infrastructure and your ability to travel around. I like places with roads.
4) Banking and finance ability, does it support your financial needs? ATM's, investments, access to cash? bank stability.
6) personal safety, are there roving gangs with .50 cals on the back of pick ups? - maybe that's your thing, dunno.
7) form of government, sorry I'm not into dictatorships and I assume since your using the forum your not either.
these are just some of the top areas I used to widdle it down. I also looked at the OCED website and with banking you can find yourself in a grey area pretty quick.
Check and see if the place you choose has whats called a "Totalization Agreement" with the U.S. this is IMPORTANT because you can avoid double taxation if they do. You either get taxed under the U.S. system or the foreign one. In addition, Travelex has a cash passport card to hold 5 different currencies on if you wish. https://www.travelex.com/cash-passport that will convert currency rates for you in a defined order of currency status. Dollar first, Euro, Yen, etc... I hope to make my plans a reality someday. But I'm not loaded so I have to find a way to do this on a dime. I though about Nevis https://en.wikipedia.org/wiki/Nevis as a place to retire. The port city of St. Christophre looks awesome
https://en.wikipedia.org/wiki/Saint_Christopher-Nevis-Anguilla google those images. But for me the island fever would be to much. I do have a place in mind and am working toward that end, its a 13 year plan but it will happen.
