20 Feb ’12
I read an article on yahoo a couple of months ago that discussed this very thing. I think it was more towards people retiring abroad but the principles are the same. Just google retire abroad and you should get several blogs people have about their experiences as expats. Central or South America seems the easiest places to do this. Some Central American countries actually use U.S. currency and English is pretty common.
The great thing is that you can live very cheap down there and if you have Internet access you can easily make a few hundred a month from the things listed over at the subreddit /r/beermoney.
I better stop before I talk myself into doing this right now lol
21 Feb ’12
I lived in Quito Ecuador for 4 years and I do not think highly of the country.
If you lived down on the coast it might be better weather wise and farther away from FARC.
Most the trades people I know down here make more here then back home.
For instance one buddy is a electrician in Canada and here he makes roughly 80k a year (25 hr work week)running solo on jobs. The reason why he makes more is that he pays around 300 US for taxes on his work. Average cost of a day labor worker is 8-20 US per ten to twelve hour day.
Myself I would stay away from Latin countries that use US currency since they are usually the shit hole countries. Typical puppet States that can not get their crap together enough to have their own currency or are just money laundering countries around the coke trade.
I typical Tico house can be built for around 18k. Not fancy or nothing but it is more about how you finish the inside that determines how comfy it is.
As for residency, driving and the other things you either have higher up connections in governments like myself or learn the system.
You can get for roughly 2k a shell company and a work permit from it. You can buy properties and businesses here without residency and just go to Nica every 3 months for 3 hours and stay forever on a tourist visa. Or just find a local immigration person to bribe and pay them to stamp the passport at your house.
20 Feb ’12
I lived in Quito Ecuador for 4 years and I do not think highly of the country.
If you lived down on the coast it might be better weather wise and farther away from FARC.
Most the trades people I know down here make more here then back home.
For instance one buddy is a electrician in Canada and here he makes roughly 80k a year (25 hr work week)running solo on jobs. The reason why he makes more is that he pays around 300 US for taxes on his work. Average cost of a day labor worker is 8-20 US per ten to twelve hour day.
Myself I would stay away from Latin countries that use US currency since they are usually the shit hole countries. Typical puppet States that can not get their crap together enough to have their own currency or are just money laundering countries around the coke trade.
I typical Tico house can be built for around 18k. Not fancy or nothing but it is more about how you finish the inside that determines how comfy it is.
As for residency, driving and the other things you either have higher up connections in governments like myself or learn the system.
You can get for roughly 2k a shell company and a work permit from it. You can buy properties and businesses here without residency and just go to Nica every 3 months for 3 hours and stay forever on a tourist visa. Or just find a local immigration person to bribe and pay them to stamp the passport at your house.
Wow, I never really thought about it much. You make some valid points regarding the countries that use U.S. currency. It is good to hear a different perspective since I have never been farther south than Mexico and that was years ago.
Thanks for your input.
Really digging your perspective, Hessian.
I get around $450 per month from the VA and will for the rest of my life so I'm wondering how that would set me up as an expat. I'm thinking I could retire much earlier with much less money if we retired to a place down there, similar to yours. I would LOVE to raise animals and be self sufficient in that regard.
21 Feb ’12
Lots of ex-something folks living down here on their pensions of all sizes.
If you have some drive and some creative business spirit you can easily pickup 1k or more a month extra doing something.
A few grand here you can create something for yourself. We do not have all the government red tape BS to get through to do something. For instance I made & sold jerky for like a year or more and nobody ever asked for a permit or health inspection. If they ever did I would have played stupid since I am white, turn around and go back in the house since they would just shrug and leave. lol
If you are in a openly corrupt country things are easier since it is right there for you to deal with.
It is a lot easier to be self sufficient in a country that has 8 grow seasons a year. So that extra food from your effort can really go far. People even still barter down here.
I bartered spare Jerky for everything from eggs to mechanic work. Even my mechanic here is like 40 US for a DAY. Seldom do I take the vehicle to him, he comes to the bodega and fixes it there for me.
Do you speak da Spanglish Nader
20 Feb ’12
So being ignorant of CR's immigration laws, forgive me if these are dumb questions. Are you a citizen of CR now or still considered an alien? Are you doing dual citizenship if so, or did you renounce your US citizenship? If still a US citizen, how do your taxes work?
I understand if you dont want to go into detail with some of this info
Thanks!
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