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Reply to "Do many feds choose to retire abroad?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Overseas coverage under FEHB varies, and requires careful choices: https://www.opm.gov/healthcare-insurance/healthcare/plan-information/important-facts-about-overseas-coverage/ There are also potential significant investment, financial management, and tax considerations involved in expatriation. And, many countries which allow USPERS to live long-term within their borders are not countries you'd necessarily want to live in, if not compelled by financial constraints. Even then, if you're motivated by a lower cost of living in some 3rd-world country, you probably have failed to consider the full range of domestic options which can provide a much lower COL without any of the many complications of living abroad long-term. Move to rural Arkansas, for example, and your cost of living will be very low, while your quality of life will still likely be better than it might be in many foreign locales. https://www.usnews.com/news/best-states/rankings/opportunity/affordability/cost-living In other words, considerable research is required if you're not to make an impulsive and poorly considered life-changing decision. [/quote] Tell me you've never lived abroad without telling me you lived abroad. It is HILARIOUS, absolutely laughable that anyone would prefer rural arkansas to the plethora of options outside the US. 😂😂😂[/quote] Yes, the above is very misinformed. There are multiple countries countries that offer retirement visas to Americans like Mexico, Portugal, Bulgaria, Thailand, or Costa Rica. You have to prove a certain level of wealth to obtain the visa and be aware of trade offs but these are hardly third world countries. [/quote]
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