5 pieces of advice to help you retire abroad from people who have actually done it - Business Insider

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5 pieces of advice to help you retire abroad from people who have actually done it

. There's a lot to consider before making the leap to another country and leaving your life here. You'll have to navigate every part of daily life in another country, from the grocery stores to the healthcare system.

Instead, they suggest getting healthcare coverage in the country where you plan to live, and researching the country's healthcare system. Luckily, in their experience, Prescher says it's "very low cost" in Ecuador. When it comes to living in another country, your first instinct probably shouldn't be to just buy a home. Like in the States, it's a good idea to take the time to get to know the area you want to live in.

It wasn't a tough transition for the Stantons because, they say, life is largely the same, just more affordable. "People think of this retiring abroad or living abroad thing as such an exotic experience," said Edd. "But daily life within these walls isn't much different than it would be if we were in still in Las Vegas or if we were in Paris."

 

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