“Retirees go there for lower tax, and cheaper health care, and manual workers flow the other way. This might stem illegal immigration and escalating health care costs, and bring badly needed dollars into those countries.”
This actually is a great idea. At 57 years old I left Washington DC a year ago where both my wife and I had decent jobs and were saving 25K a year. We did this so I could be close to the surf. Well, the surf is great but we have yet to land jobs. We have a little income so we won’t starve but we can’t save either. Right now I working on some retraining. If that doesn’t work out I am seriously considering heading either to Samoa where I have an outstanding invitation to live in a tropical yoga camp or head to Nicaragua where there is a new 3 b 2 b house waiting for us waiting for us in the charming colonial town of Diriamba (see diriamba.info for more information).
I don’t need it yet but assisted living facilities can cost a leg here. I have long wondered why countries to the south don’t apparently have plans to develop facilities offering comprehensive services in primo locations. We outsource just about everthing, why not retirement and care in retirement? In any event, Nicaragua is my ace in the hole and, incidentally, the weather there in Diriamba is even better than it is in San Diego since down there you get about the same temperatures but there is more rain so everthing isn’t brown half the year. I am sure glad that I have taken the time to become fluent in Spanish. Cheers, Pert.
