Great Article on Americans Retiring Overseas
June 15, 2010
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Posted by dmihalia
With the state of the United States economy and the growing dissatifaction of the job our Government officials are doing more Americans are choosing to retire overseas. I come across a great article in the New York Times newspaper giving some tips on how to retire overseas and what to look for. I believe some of these helpful hints and tips can assist an American moving to the Philippines. Such tips as maintaining a bank account in your homeland to facilitate transfer of money or making sure the health care system is adequate to help you in old age. I’ve already considered and made plans for these as well as other concerns but if someone were considering doing as I am this would be a very good article to start out with.
If you’d like to read more on this subject and maybe get a few tips the entire article can be read at the following link: Americans Who Seek Out Retirement Homes Overseas
Categories: Philippines General
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Tags: Moving to Philippines
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Leave a reply
Thanks for this link, Dan. Haven’t read the article yet, ut I want to add some weight to the idea of making sure you have financial arrangements back in the USA (or your home country) BEFORE you make amove to the Philippines. I maintained bank accounts and credit cards and a US address strictly becuase I knew living here in the Philippines without them would be hard.
Can’t count how many people have come to me with questions/requests for help over the past ten years ot so with problems thta would have been easy to fix IF they had a bank account back in the USA.
I love the expat, living overseas life … but don’t burn your bridges.
Hi Dave
Yes I know what you mean about burning bridges. Fortunately I have a permanent address in the U.S. and I do maintain my accounts through there. I have not had any problems using my credit cards or ATM cards either.
This was a very good article, even though I discovered too late.
Thanks