US pensioners move abroad: the best countries for the move

US pensioners move abroad: the best countries for the move

More and more Americans are choosing to spend their golden years outside the United States. This often happens out of the desire for more sun or a cheaper life. Many hope that life abroad goes better with their financial needs and lifestyles.

growing demand for emigration

Although there are no official figures, companies and organizations that support people in the move abroad report a significant increase in inquiries about the elections in recent months. Some experts speak of a noticeable “momentum” among Americans, especially pensioners who seriously think about a permanent move abroad or have already put them into practice.

pragmatic considerations for emigration

"I don't think it will be as quick as in previous elections," explains Kathleen Peddicord, founder and publisher of Live and Invest Overseas, to CNN Travel. "People ask serious questions about the differences between countries, their residence options and tax obligations. These are not utopian thoughts, but very practical considerations."

Interesting interest in foreign pension locations

Live and Invest Overseas (Lios), active since 2008, regularly publishes content on emigration, including information and health care. Immediately after the elections, webtraffic rose by about 250 % compared to the usual values, which led to a record growth of the reader numbers. According to Peddicord, pensioners make up about 80 % of the readership, whereby the annual list of Hearts of the Rentenleben

insights into living conditions and challenges

The monthly magazine International Living also an increase in inquiries that began before the elections. The executive editor Jennifer Stevens reports that readers talk about her growing concerns about "Trump policy" that could make life in the United States uncomfortable. At the same time, there is also an excited mood about the possibility of tax reliefs that could offer greater financial scope abroad.

financial considerations for pensioners

For many pensioners in the USA, money remains an urgent topic. The increasing prices for living space, rent and health care eat the savings faster than in previous generations; Almost half of the US families have no savings for the pension. More than aged 65 years are considered economically insecure, which means that their income 200 % or more below the federal poverty line lies.