What do I need to know before retiring in United States?
When we asked people what advice they would give someone preparing to move to United States, they said...
"Before retiring in the United States, expats should familiarize themselves with the US visa and immigration requirements in order to determine their eligibility to stay and work in the country. It is important to also research state and federal tax regulations, and investigate the cost of living in the region they plan to retire to. Understanding the health care system is also essential, including what kinds of health insurance options are available and how they differ from home country plans. Additionally, expats should make sure they have sufficient savings and resources to cover the costs of retirement. Finally, research the cultural, social and recreational activities in the area to gain an understanding of how life will be in the US for retirees," explained one expat living in United States.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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"Real estate advice- renting an apartment is expensive- the rents are high and in addition you have to pay first, last, security, and a finders fee - usually equal to one month's rent. The suburbs are a bit less expensive- and many still have an urban feel," said another expat in Boston, US.
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Other Questions:
- What should I pack when moving to the United States?
- Where should I setup a bank account in the United States?
- Will I be able to find a job in the United States?
- What is life like in the United States?
- What do expats in the United States appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in the United States?
- Is there a lot of diversity? Are people in the United States accepting of differences?
- What are the schools in the United States like?
- What are healthcare services like in the United States?
- What are medical services in the United States like?
- Are healthcare and health insurance expensive in the United States?
- What are emergency services like in the United States?
- Will I need to travel to see a specialist?
- Are common prescription medications available in the United States?
- How are local medical facilities in the United States?
- As a foreigner living in the United States, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
What do I need to know before retiring in United States?
If you live in the United States, newcomers to the United States would love to hear your answer to this question.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.