What advice do overseas retirees have for others considering retiring abroad?
When we asked what advice they have for others considering retiring abroad, they advised...
"One idea... I DID discover from the Social Security office is, that IF you are able to keep a US Bank Account & have your SS deposited THERE... you will NOT have to worry about this "Are You Still Alive" document they send out every few years. This was a HUGE concern for me... from reading all the Blogs, I was terrified that I would MISS receiving this document, you only have a month or so to return it & if they don't receive it, YOU'RE DEAD & have fun getting THAT reversed. I guess the last thing I think. I'm thinking that a lot of MY retiring process to Cali, Colombia is easier than the average person in that I have my Colombian husband. I have been able to more easily accomplish things because of our marriage. Good luck & if you decide against Colombia? My advice is to NOT rule out someplace... the rewards are amazing!!," explained one expat living in Cali, Colombia.
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"If you are thinking about it, do it as soon as you can. You do not need nearly as much money as you would need to live in a retirement community in the US," said another expat in Medellin, Colombia.
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Other Questions:
- What do I need to know before retiring in Colombia?
- How do I meet people in Colombia?
- What is life like in Colombia?
- Is there a lot of crime in Colombia?
- Is there a lot of diversity? Are people in Colombia accepting of differences?
- What are the schools in Colombia like?
- Is the cost of living in Colombia high?
- What advice do you have for expats having a baby in Colombia?
- What are healthcare services like in Colombia?
- Is the cost of living in Colombia high?
- What type of recreational facilities are in Colombia?
- What is the weather like in Colombia?
- Are there good restaurants in Colombia?
- Where will I buy groceries and do other shopping in Colombia?
- What are the visa & residency requirements in Colombia?
- Are healthcare and health insurance expensive in Colombia?
- What do I need to know when buying property in Colombia?
- Are foreigners allowed to own property in Colombia?
- What appliances are typically included in a rental?
What advice do overseas retirees have for others considering retiring abroad?
If you live in Colombia, newcomers to Colombia would love to hear your answer to this question.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.