Ed_The_Gypsy
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I might add that if someone is considering expatriation for cost reasons, think about other costs as well. Flying back and forth to see the kids, etc, can zap any savings. Trying to buy back into the real estate market may be impossible when returning after a few years.
If you want to expatriate for cost reasons, be mentally prepared to close the door behind you and not look back. I can do this. DW has problems with it. Not to be embarked upon lightly. We have this as our Plan C, for survival in the extreme case.
Having said that, the Kaderlis and others have managed quite well. Are you ready to do things they way they do?
(Sorry, my responses have been slightly off-topic. The original question was addressed to potential early retirees, not my cohort. Depending on how things develop with costs, it may be advantageous for an adventurous younger person to skip the country. My comments on other factors still apply. I agree that for someone already inclined, it may make the decision easier. It is hard to imagine it as a primary driving force, however.)
If you want to expatriate for cost reasons, be mentally prepared to close the door behind you and not look back. I can do this. DW has problems with it. Not to be embarked upon lightly. We have this as our Plan C, for survival in the extreme case.
Having said that, the Kaderlis and others have managed quite well. Are you ready to do things they way they do?
(Sorry, my responses have been slightly off-topic. The original question was addressed to potential early retirees, not my cohort. Depending on how things develop with costs, it may be advantageous for an adventurous younger person to skip the country. My comments on other factors still apply. I agree that for someone already inclined, it may make the decision easier. It is hard to imagine it as a primary driving force, however.)
Last edited: