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re: Anyone else planning on retiring overseas?

Posted on 6/21/22 at 10:59 am to
Posted by I Love Bama
Alabama
Member since Nov 2007
38423 posts
Posted on 6/21/22 at 10:59 am to
quote:

You might want to start looking around again. Sounds like Colombia might be the next Venezuela.


It's something I am keeping an eye on for sure. In the short term, the USD will just get stronger.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35888 posts
Posted on 6/21/22 at 11:14 am to
quote:

Belize City


quote:

When you include them with the total number of murders (142 in 2017) in a country with the population of Tampa, Florida, you have one of the highest homicide rates in the world. As already mentioned, the overwhelming majority of violent crime victims in Belize are Belizeans.


If you want to deal with that much crime, just retire to Baton Rouge or New Orleans.
This post was edited on 6/21/22 at 11:15 am
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 6/21/22 at 12:26 pm to
quote:

Belize City



Really? Belize City is a shithole and there's a ton of crime there. Every house is a compound with glass shards on top of the walls. There are places in Belize to consider but that third world shithole is about the last place I would consider.
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 6/21/22 at 12:30 pm to
Southern Spain could work. Malaga is great, on the water and you can rent a 2000 sq ft apartment on the avenue bordering the sea for under $2k a month. Great food and tons of places to visit for day trips.

If I could find the same in Italy in a part of the country I loved I'd probably make that my first choice. Problem is, for me it would have to be in Tuscany and I think that ups the budget.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35888 posts
Posted on 6/21/22 at 4:59 pm to
The problem a lot of people are gonna face with this...while it sounds good in theory, 1) they're likely grandparents and wouldn't want to be that far away from kids and grandkids, and 2) they're going to be older and will need regular access to good healthcare. Not sure I'd trust the healthcare system in the Dominican Republic or Belize.
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
64166 posts
Posted on 6/21/22 at 5:18 pm to
quote:

they're going to be older and will need regular access to good healthcare. Not sure I'd trust the healthcare system in the Dominican Republic or Belize.


This has always been the issue for me. Not to mention the world is about to get pretty dangerous. The US is slowly pulling out from policing the world and a lot of countries are just now beginning to engage in a who controls what debate.
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
10727 posts
Posted on 6/21/22 at 9:58 pm to
quote:

Not sure I'd trust the healthcare system in the Dominican Republic or Belize.


Bruh, try accessing the specialist doctors in Santa Fe like my wife has the last 8 months dealing with covid long haul syndrome. It is pathetic, getting in to see a GP takes months. She was super fit and worked out 5x a week and had to start an oxygen service Monday due to lung/oxygen levels which high altitude and smoke from multiple forest fires doesn't help. I would think many countries have much better/cheaper health care options than the US. The real issue is if you have a high asset level/NW you will likely be paying taxes in the destination country and the US, and I seriously doubt I would denounce my US citizenship with or without being able to become a citizen in the new home country, etc, then there are the language barriers.
This post was edited on 6/21/22 at 9:59 pm
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22628 posts
Posted on 6/21/22 at 10:18 pm to
I hear people talking about Panama every now and again.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
45194 posts
Posted on 6/22/22 at 5:40 am to
Many countries have very good Healthcare systems. The US's Healthcare system is completely broken and will likely never be fixed
Posted by PUB
New Orleans
Member since Sep 2017
20695 posts
Posted on 6/22/22 at 6:50 am to
Entire Insurance industry is completely broken for the consumers if you live in South Louisiana and will never be fixed.
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 6/22/22 at 1:22 pm to
My wife sprained her ankle so badly in Belize we were sure it was broken.

Hospital visit
Doctors time
X Rays
Prescription
Ace bandage and crutches

$96 and in and out in less than an hour.
Posted by I Love Bama
Alabama
Member since Nov 2007
38423 posts
Posted on 6/22/22 at 1:33 pm to
quote:

$96 and in and out in less than an hour.


It really is amazing. I just had two moles removed and sent to a lab for testing from my dermatologist.

First, it was a walk in appointment vs in USA waiting months to see a doctor. Lab results came back in 3 days.

My final bill for everything was also under $100. And this is WITHOUT insurance. If I used my insurance it would have been free or close to it.

I pay $1,000 a year for the best they offer.
Posted by GeauxTigers777
Member since Oct 2007
1591 posts
Posted on 6/22/22 at 1:40 pm to
Though I agree the minor care is significanlty cheaper, and you are not going to have that much deviation of care, do you trust this system for a major operation/major medical care?

Are they going to be the ones doing your colon resection for colorectal cancer? Would you allow them to diagnose and administer your chemotherapy for multiple myeloma?

Or do you keep a US based high deductible plan on top of this?
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35888 posts
Posted on 6/22/22 at 2:46 pm to
Easy access and low cost does not necessarily equate to high quality.

That said you could always keep a US-based insurance plan and come back here for an extended period if you needed treatment for something serious.
Posted by I Love Bama
Alabama
Member since Nov 2007
38423 posts
Posted on 6/22/22 at 2:47 pm to
quote:

GeauxTigers777


Good questions and something I need to consider/research as I age.

Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 6/22/22 at 4:28 pm to
quote:

Easy access and low cost does not necessarily equate to high quality.

That said you could always keep a US-based insurance plan and come back here for an extended period if you needed treatment for something serious.


For most retirees that means Medicare which is relatively inexpensive compared to regular policies.
Posted by jchamil
Member since Nov 2009
18893 posts
Posted on 6/22/22 at 4:32 pm to
quote:

It really is amazing. I just had two moles removed and sent to a lab for testing from my dermatologist.

First, it was a walk in appointment vs in USA waiting months to see a doctor. Lab results came back in 3 days.


Where do we have to wait months to see a dermatologist here in America? I went on a Monday, they cut something off that they thought was basal cell and sent it off, I had the results by Friday
Posted by Matt225
St. George
Member since Dec 2019
1166 posts
Posted on 6/22/22 at 4:50 pm to
I trust the care in most of these countries then here in states which now is solely motivated by $$$.
Costa Rica, Mexico, Panama, Colombia, Malaysia and Portugal and many more have as good if not better level of care for even cancers...better yet you can afford it without spending a life savings or going bankrupt.
Posted by GeauxTigers777
Member since Oct 2007
1591 posts
Posted on 6/22/22 at 4:53 pm to
Do you have any data to back thaf up? I just have a hard time believing a lower income country is going to offer the same advancements in technology, readily availible new chemotherapy, and same standard of training that is seen in most top economic countries.

Again, I'm not talking about a broken bone or hemorrhoids.

The Medicare point above is a great point once you reach 65.
This post was edited on 6/22/22 at 4:55 pm
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 6/22/22 at 5:12 pm to
quote:

Panama


Panama is very hot and trashy except for the fringe coastlines. Costa Rica is small and expensive. San Jose is even worse than Panama city.
Colombia is a very nice blend of mountains, rainforest, rivers, and beaches. Main land Venezuela is dangerous, period.
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