Retiring

[bnm73]

There's always US territories like Puerto Rico and St. Croix, if you don't have year heart set on expatriating entirely.

[+ José Soplanucas]

There's always US territories like Puerto Rico and St. Croix, if you don't have year heart set on expatriating entirely.

 

I do not mind at all about expatriating. I am just looking for places where the few dollars of my retirement will worth more than in US territory, populated by men of my favorite ethnicities.

[bnm73]

I do not mind at all about expatriating. I am just looking for places where the few dollars of my retirement will worth more than in US territory, populated by men of my favorite ethnicities.

I vacation in Puerto Rico regularly....it seems the only ugly people are the tourists...

[+ José Soplanucas]

I vacation in Puerto Rico regularly....it seems the only ugly people are the tourists...

 

I am not looking for a vacation spot. I am looking for a place to move in. I adore Boricuas, but I do not think the prices there can compete to the ones in Colombia, Brazil or Mexico.

[bnm73]

I am not looking for a vacation spot. I am looking for a place to move in. I adore Boricuas, but I do not think the prices there can compete to the ones in Colombia, Brazil or Mexico.

 

It think you may have misunderstood me....I was trying to say that I have first-hand knowledge of Puerto Rico, including recent knowledge (was there about a month ago).

 

I'll be moving to Puerto Rico next year, actually. Land, houses, and rent are cheap. You can find big houses (some with casitas for rental, etc.) right on the beach for less than $200k. Or 4 beds, 4 baths with a pool for under $150k. No federal income taxes. There are several things to recommend it if one is open to it.

 

And most people there can understand and converse in English (contrary to popular belief). Spanish is the "every day" language, of course.

[+ José Soplanucas]

It think you may have misunderstood me....I was trying to say that I have first-hand knowledge of Puerto Rico, including recent knowledge (was there about a month ago).

 

I'll be moving to Puerto Rico next year, actually. Land, houses, and rent are cheap. You can find big houses (some with casitas for rental, etc.) right on the beach for less than $200k. Or 4 beds, 4 baths with a pool for under $150k. No federal income taxes. There are several things to recommend it if one is open to it.

 

And most people there can understand and converse in English (contrary to popular belief). Spanish is the "every day" language, of course.

 

I think I did understand you. That is why I explained that my problem with Puerto Rico is that its prices cannot compete against other South American countries. Those prices you are mentioning are way too high for what I am looking for. Not to talk about every day's life.

 

Sure, living in Puerto Rico is cheaper than Manhattan or DC, but not cheaper than most SA countries.

[+ tassojunior]

I dont know what you mean by them being created equal. As I understand it it makes it less appealing.

I think it may be a reference to endowment.

 

You havent tried Columbia yet. Cartegena has nonstops to Miami as does Medellin and Bogota. Easy connections thru MIA to anywhere. Mexico also is great with Mexico City as a hub but more Spanish/Mix. Both Havana and Caracas may be great in 7 years and are bi-racial. And of course, Brazil.

[bnm73]

 

Sure, living in Puerto Rico is cheaper than Manhattan or DC, but not cheaper than most SA countries.

 

Perhaps, but in a SA country you still have to pay the IRS income taxes (even on foreign income, if I remember correctly) if you don't renounce your citizenship. And you have to keep in mind that banks will eat at least some of your money any time you have to convert from US dollars to a different currency. There are advantages and disadvantages to most possibilities.

[+ José Soplanucas]

Perhaps, but in a SA country you still have to pay the IRS income taxes (even on foreign income, if I remember correctly) if you don't renounce your citizenship. And you have to keep in mind that banks will eat at least some of your money any time you have to convert from US dollars to a different currency. There are advantages and disadvantages to most possibilities.

 

That is indeed a good point.