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Retiring Overseas: Double the Value of Your Resources

Dan Prescher from International Living discusses their recent analysis on World’s Best Places to Retire in 2018 and explains the concept of economic arbitrage: “If you can’t afford to live where you currently are and you move somewhere where your cost of living is half that, you’ve doubled the value of your resources.” Dan also discusses popular issues related to retiring in another country such as healthcare, currency, property rights, and crime. He gives passport advice and a useful how-to for “test driving” a country before you officially move. Since 1979, International Living has detailed the best places in the world to live, retire, travel, and invest. You can subscribe to their monthly full-color magazine at internationalliving.com.

Click here to see our full archive of prior Lifetime Income broadcasts on taxes, real estate, health, estate planning and more.

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