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Old 07-18-2021, 06:58 AM   #61
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Nice thanks!
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Old 07-18-2021, 07:02 AM   #62
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I didn’t know about the residency requirements for US funds and brokerage accounts.

What if you maintain a property in the US?

If I did this, it would be a 1 year trial or maybe rent a place for two months as a base. That would be a residency permit or just go on a long trip without special visas.

But I don’t want to open bank accounts, set up utility and Internet accounts under my own name.

Also, I don’t know how affordable the private insurance plans are to Americans unless they have at least a 1-year residency permit? Are they even accessible unless you have a residency permit?

Someone posted a link to a broker for would-be American expats and the prices were very high.

Yes the tax situation is a huge mental block for me. How much would it cost me to have someone do both my EU and US taxes? Is there TurboTax for France, Portugal or Italy?
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Old 07-18-2021, 08:01 AM   #63
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Originally Posted by vchan2177 View Post
I I also understand that Mexico has lower health cost. I really believe the US health industry is ripping off the public.
Yeah, we lived there for 3 years and had 1 experience with the health care there (plus dental). 3 hours in the emergency room, fluids and pain meds cost <$200. When I arrived, I was seen immediately and no red-tape. A boulder (dramatic) of a stone took me out.

We know many Canadians who come for the dental (some major, some minor). All with good stories.

Most stay on tourist visas (up to 6 months) and leave the country for 3 nights and then return. We kept our address as our daughter's in TX & never had a problem. Used ATM's for funds (our banks refunded the fees even). I, too, played the spikes in exchange rates (big-boy Monopoly).

Living there was 50% less than Dallas, living comfortably. Sometimes you have your bad days in traffic or dealing with manana mentality, but you eventually chill to those moments. We still spend a month every year there & is super easy to return quickly if needed.

Biggest negative is maybe the variety of vegetables that you miss? But the margaritas make you forget about it.
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Old 07-18-2021, 08:58 AM   #64
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Originally Posted by tfudtuckerpucker View Post
Our daughter just moved to Portugal (from Austin), if you're interested in
her observations of that country (from a Millennial's viewpoint, anyway).

Totally loved watching their video, thanks for sharing!!
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Old 07-18-2021, 09:32 AM   #65
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Thanks NoEZmoney for that thorough and thoughtful run down of expat options and considerations. It was really, really interesting and helpful.
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