Liliana Cota - Stewart Title Baja and Stewart Title Puerto Peñasco
Depending on the area that you are moving to in Mexico, there might be really good furniture stores. There are lots of furniture stores in Mexico where you can buy good quality furniture just like in the US. We also have stores like Home Depot, Costco, Walmart, etc. Most of them are in the large cities.
However, if you are moving into one of the smaller towns, you might not have access to furniture stores that sell nice furniture. If you are living close to the border of...
Depending on the area that you are moving to in Mexico, there might be really good furniture stores. There are lots of furniture stores in Mexico where you can buy good quality furniture just like in the US. We also have stores like Home Depot, Costco, Walmart, etc. Most of them are in the large cities.
However, if you are moving into one of the smaller towns, you might not have access to furniture stores that sell nice furniture. If you are living close to the border of US and Mexico, you can do your shopping in the US and bring your purchases home to Mexico. You are allowed to cross with around US $150 worth of merchandise from the US into Mexico without paying import taxes on them. If your purchases are in excess of $150, then you pay taxes on the amount in excess of $150.
(Liverpool department store sells furniture in Mexico, pictured.)
The business culture in Portugal can be frustrating. The biggest problem in Portugal, as in other southern European countries, is that the legal system does not work. If you have a dispute to try and recover a debt, your case could take up to 15 years to get heard and there are people who use that situation to their advantage. The business culture here in Portugal is not at par as with Anglo-Saxon models; it has a much lower level.
There is a growing trend...
The business culture in Portugal can be frustrating. The biggest problem in Portugal, as in other southern European countries, is that the legal system does not work. If you have a dispute to try and recover a debt, your case could take up to 15 years to get heard and there are people who use that situation to their advantage. The business culture here in Portugal is not at par as with Anglo-Saxon models; it has a much lower level.
There is a growing trend towards entrepreneurship here in Portugal, although the problem is that small operations have very little access to funding. It’s not like in America where you have these venture capital and angel capital firms and other companies that help new businesses. Here, you basically have to ask your family to lend you money so you could set up a business.
(Queen Leonor in travel poster set in Caldas Da Rainha, Portugal, pictured.)
How much does it cost for a gardener in San Juan del Sur, Nicaragua?
Gordon MacKay - InNicaNow.com
The minimum wage for a full-time gardener in Nicaragua starts at about US $260 a month including all benefits such as healthcare, an extra month payment in December, four weeks holidays, and a retirement fund.
You can hire a gardener for about $10 -$15 a day depending on how long the day is going to be and how specialized the work is. On average gardeners work for 6-8 hours a day.
I’ve seen gardeners in Nicaragua who just...
The minimum wage for a full-time gardener in Nicaragua starts at about US $260 a month including all benefits such as healthcare, an extra month payment in December, four weeks holidays, and a retirement fund.
You can hire a gardener for about $10 -$15 a day depending on how long the day is going to be and how specialized the work is. On average gardeners work for 6-8 hours a day.
I’ve seen gardeners in Nicaragua who just sat there browsing the Internet all day. On the other hand, I’ve also seen gardeners who do an incredible job; more than I could even believe they would do in a day.
Getting good service in Nicaragua takes finding a good person, and usually finding the right people to work with starts with knowing the other expats around you.
My family and I live in a small complex with three homes. We have monthly fees included in our rent that pay for the caretaker who watches your property for security and does other things like cleaning the pool, gardening, etc. and stays in your home day and night.
(House and garden on Laguna de Apoyo, Nicaragua,pictured.)
What should I be most concerned about regarding retiring abroad?
Tom Zachystal - IAM
There are a number of financial planning issues people face that are unique to retiring abroad as compared to retiring in your home country:
If your retirement savings are held in your home country they may be denominated in a different currency from that in which you will spend. This can lead to considerable currency risk. As an example, consider that the Euro has strengthened by 30% vs. the USD over the last decade or so.
Inflation rates are generally higher in developing countries...
There are a number of financial planning issues people face that are unique to retiring abroad as compared to retiring in your home country:
If your retirement savings are held in your home country they may be denominated in a different currency from that in which you will spend. This can lead to considerable currency risk. As an example, consider that the Euro has strengthened by 30% vs. the USD over the last decade or so.
Inflation rates are generally higher in developing countries than developed countries. So if you plan your retirement expenses using a 2.5% or 3% inflation rate but move to, say, Mexico, where inflation is typically around 5%+, your savings may not support your lifestyle throughout retirement.
You may not be able to keep the bank or retirement accounts you now have in your home country once you are no longer a resident. This is especially an issue for Americans moving abroad since many US financial firms no longer will deal with non-US residents.
The sightseeing you can do in Belize is more oriented towards natural things like the turquoise waters, the waterfalls, and the jungle.
As far as sites that would be either historical buildings or cultural landmarks, there is a very historic church in Belize City that I think that was the very first church built in the county.
The other ruins are on the mainland, which is where the Mayan history is prominent. There are...
The sightseeing you can do in Belize is more oriented towards natural things like the turquoise waters, the waterfalls, and the jungle.
As far as sites that would be either historical buildings or cultural landmarks, there is a very historic church in Belize City that I think that was the very first church built in the county.
The other ruins are on the mainland, which is where the Mayan history is prominent. There are different ruins and an archeological museum at the foot of one of them, which is interesting. We do not galleries here in Belize.
How much do healthcare and medical services cost in Panama?
Roger J. Pentecost - Boquete Valley of Flowers Condos
My wife recently had a very serious surgery at Hospital Paitilla, Panama City, Panama, which has facilities equal to or better than you would expect in the US and Canada at a top hospital.
Her daily rate in the hospital was around $300 / day.
Intensive care was $700 per day.
The entire bill; the operation, the anesthetist, all the tests, everything, including being checked up free of charge by a world renowned surgeon (16 years head of his department at...
My wife recently had a very serious surgery at Hospital Paitilla, Panama City, Panama, which has facilities equal to or better than you would expect in the US and Canada at a top hospital.
Her daily rate in the hospital was around $300 / day.
Intensive care was $700 per day.
The entire bill; the operation, the anesthetist, all the tests, everything, including being checked up free of charge by a world renowned surgeon (16 years head of his department at Sloan Kettering in the US) three or four times was around $15,000, which we estimate would cost around ten times that amount in the United States. The cost to see the surgeon afterwards for an office visit was $40 / visit.
In Panama, chemo treatment is a quarter of the price as it would be in the US.
In Panama, my wife takes injections for $164 each. In the US, the cheapest you could get them would be $1,800.
A visit to a doctor in his office in Boquete, where we live, is $10. House calls are $30. (We use Dr. Chan, who is a very good doctor.)
It was mid-November, overcast, 72 degrees, with just a hint of rain in the air. On the highway a few hours after leaving Cordoba and headed southeast to our planned destination of Palenque, there were literally no other cars within sight in either direction. The road was high quality and safe. Even the shoulders were full width, as opposed to ¾ width shoulders we had seen so many times before, that were used for...
Welcome to Boquete. This charming town has changed a little and a lot in the last four years. We have watched as the economy has improved for the community. A great deal is based on tourism and the influx of expats. There has also been a worldwide increase in the higher-end coffees that grow in the mountains that tower over the towns of both Boquete and Volcan. Many small businesses have come and gone in the last four years. Growth is evident as the high school is currently...
I am normally a positive person who likes to focus on the good and positive in life and living. However, as we all know, nothing and no one is perfect. There is no Shangri-La place to live in the world. When choosing a place to live, whether it is to work or retire, it is best to do some research first. That is why I am writing this article for those of you looking to move to Panama. I have lived here in the Boquete area, in the Chiriquí Highlands for over 13...