Monday, March 15, 2021 / by Vanessa Saunders
By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
Does life in the United States ever get so (insert your own adjective here - boring, irritating, complicated, expensive, whatever bugs you,) that you think about just cashing it all in and moving to another country? You can, but be prepared for some unexpected costs of living. When you discover that many of the things we take for granted here in the good old U.S. of A are either more expensive, heavily taxed or totally unheard of in the States, you may just decide that the "Ex" in Ex-Pat stands for "Expensive."
Car insurance and healthcare
Compared to many countries, U.S. car insurance is relatively inexpensive. Not so in other parts of the world. But don’t scrimp on coverage. Be sure you have the insurance you need for anything that might happen on the road. And if you plan to avail yourself of your new country’s legendary free health care system, think again. Unless you’re a cit ...
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Monday, October 12, 2020 / by Vanessa Saunders
By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
The Covid-19 pandemic and its subsequent shutdown have created a new demographic of Americans: workers near to or turning 65 who are buying their retirement homes before they retire. Every day, 10,000 Americans turn 65. After being forced to work from home, many workers close to retirement age have realized they no longer need to make the commute to work, and can work just as effectively from a home office or spare bedroom.
Lawrence Yun, chief economist for the National Association of Realtors pointed out this trend recently in an interview on CNBC. He said, “The pandemic was unexpected, working from home was unexpected, but nonetheless many companies realized that workers can be just as productive working from home, We may begin to see a boost in people buying retirement homes before their retirement.”
If you’re looking for a retirement home, either now or some time in the near f. ...
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Monday, September 14, 2020 / by Vanessa Saunders
By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
I recently observed an online discussion string among people so fed up with American politics that they were planning on moving out of the country. Many were British ex-pats making plans to return to Old Blighty (the UK). But some were Born-in-the-USA citizens looking for a place to live with fewer hurricanes and less governmental turbulence.
If you’re an American thinking about permanent residency elsewhere, keep in mind you can’t just go without a visa from your intended new home country granting you permanent residence status and a passport. Getting a visa can be a time-consuming project which may not always turn out as intended. So what’s a soon-to-be expatriate to do?
If you pick the right country, you could just buy one.
Called “immigrant investor programs,” or Golden Visas, these programs are designed to attract foreign capital and business people by providing ...
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