The benefits of living overseas are many... yes it is much cheaper to live overseas and for many that is the prime motivation to do so.
However, looking solely at the economic benefits of living overseas is shortsighted in my opinion... It doesn't matter how cheap it is if you're miserable living in a foreign country.
If you are one of those folks that is a type A personality and expects things to be done in a certain manner retiring overseas may not be a good retirement option.
We have lived overseas for eight years, had an absolute ball and highly recommend that you put retiring overseas on your list of retirement options.
To get the latest on overseas living I read, cover to cover, every month...you should too.
The entire eight years that we lived abroad in the Caribbean was an adventure from day one until we left...If you don't have an adventurous spirit...why leave the US in the first place?
If you do not embrace the fact that you are in a foreign country, that you are a guest, and don't expect things to be they would in the states... You will enjoy the experience.
It really is that simple, life is slower, at least in the Caribbean, and in my opinion that is a good thing.
People in foreign countries got along just fine without you and expecting them to change to accommodate the way you think things ought to be is arrogant and rude.
If you have lived overseas for any length of time it will be very easy to determine which folks trying overseas life will make it and who won't.
Let's say you are visiting with a person that has been out of the US for a month and you're having lunch.
If you hear them say something like, "I can't believe how slow and unmotivated the people are down here...". You will nod, and reply "the overseas life is not for everyone".
Do not expect people that make statements like this will be around for very long...they want it done ASAP just like home. They are sure to be disappointed.
These folks should never leave the confines of the United States.
On whatever island we might be on when a cruise ship would pull into port, we would hear the following..." My gosh this place is filthy"; "All the shops down the street are just junk";"I can't wait to get back to the ship"; "How do people live like this?"; "Garden Grove ( you pick a city) sure looks good right now".
When we heard this, we vacillated between being embarrassed and entertained. Folks like this should never consider living overseas.
If you can smile at about anything... If you realize that "manana" isn't the end of the world...If where you live reminds you of the US 40 years ago... If you feel privileged to be able to live in a foreign country... If you make an attempt to learn the local language... You are a prime candidate for enjoying not only the economic benefits of living overseas, but also the health benefits of living a low stress lifestyle.
Yes it is cheap to live overseas but you should make an honest assessment of whether or not you fit in the ideal candidate category traits listed above... If you do you're going to absolutely love retirement overseas.
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