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International Living: 3 Great Places to Live and Retire Abroad

Ever dreamed of owning a foreign vacation(you're not the only one reading this
home, living or retiring in an exotic land?article).PANAMA: THE NEW FLORIDA?Inexpensive
You're not alone. An ever increasing numberreal estate, a low cost of living,
of Americans and Europeans are being luredbreathtaking scenery and First-world perks
abroad by a lower cost of living and highershould put Panama at the top of your list if
quality of life. Some are returning to theiryou're considering living or retiring
ancestral countries or to places where theyabroad.Home to Central America's most vibrant
once vacationed, worked or studied. Othersand attractive capital (Panama City), Panama
are being enticed by generous retiree perksis slightly larger than the state of Florida.
and attractive tax incentives. Outside ofBordered by the Caribbean Sea and the Pacific
reading about it, you probably have neverOcean, it is one of those places that can
given the notion any serious thought. Theseseduce you through its sheer natural beauty.
three beautiful and affordable slices ofThe seemingly endless stretches of
paradise could change your mind.NOVA SCOTIA:picturesque coastline, lush green valleys,
THE HIDDEN GEMNot all expatriate destinationsnear-perfect weather and friendly people make
are created equal. If you're on a budget,it one of the most livable places in the
tired of crowded beaches and packedworld. If you like Florida and the Caribbean,
supermarkets, love seafood, and have ayou'll love Panama.Outside of its scenic
19th-century mindset, you may want tocharms, Panama is one of the best places
consider Nova Scotia, the Canadian provinceanywhere for expatriate and retirees today,
which is becoming one of the most soughtoffering one of the world's best discount
after vacation home and retirement havens inprograms for retirees. AARP rated Panama "the
North America.Nova Scotia is beautiful. Withfourth best retirement place in the world."
some of the world's most beautiful scenery,When stacked up against traditional Latin
it boasts something for every taste: historicAmerican retirement havens such as Mexico,
small towns, picture-perfect countryside, andCosta Rica and the Dominican Republic, Panama
a bustling capital with attractive suburbs,has more amenities, lower costs, and less
not to mention 3,600 miles of enchantingcrime, red tape and government
coastline dotted with charming fishinginterference.In addition, Panama has put
villages, inexpensive lots to build on, andtogether an impressive list of incentives to
opportunities for outdoor recreation ofattract newcomers, including:Expatriates who
virtually every type. Deeply steeped inbuy or build a new home pay no property taxes
Scottish, Irish and Acadian (creole)for 20 years.No taxes on foreign-earned
heritage, the province feels like New Englandincome (Social Security, pensions or business
100 years ago, and the entire province'sprofits).Investments in the tourism industry
population is less than one million so theare exempt from import duties, construction
place is anything but crowded.But that's notmaterials and equipment costs, and income,
all. With government-funded healthcare,real estate and other taxes for a period of
comfortable spring and summer temperatures20 years.The pensionado (retiree) programYou
(with milder and less snowy winters than manydon't need to be retired to qualify for the
northern U.S. states) and real estate pricesprogram (anyone over 18 may apply for
considerably lower than anything on the coastbenefits). The only requirement is a
in the United States, Nova Scotia is wellguaranteed income of $500 per month ($600 for
worth considering. The growing American anda couple). It must be a pension from a
European expat population obviouslycompany or government agency (e.g. Social
agrees.For Sale: Your own slice of theSecurity, disability, military pay, etc.).
breathtaking coastline and tens of thousandsAfter becoming a Panamanian resident
of acres of quaint countryside at"pensioner," you are immediately eligible for
unbelievably low prices. Live like a princethe most comprehensive program of expatriate
in a peaceful and private haven. Enjoybenefits in the world, including discounts on
universal healthcare, friendly people andeverything from doctor's visits and mortgage
Cuban cigars (they're legal here). All thisclosing costs to restaurant meals and
in a pristine, under-developed storybookentertainment (movies, theaters, concerts,
setting. But hurry...the word is out nowsporting events, etc.).



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