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Discussions in the Abaco home about going Ex-Pat.

Posted by $ Abaco 10 years, 2 months ago to Culture
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I am curious if any others here are in a similar phase. Over the years I have enjoyed learning about other countries just to have that knowledge of their pros/cons should I ever need to leave with the fam. Lately, given recent developments beyond our control, my wife and I are actually regularly discussing different places. I have spent some time in Vancouver B.C. for example, but it's too expensive now. Looking south.

Anybody else in this phase? Feel free to share notes, if so. I work with a gentleman from Ecuador and he will probably return there upon retirement (soon). He loves it. I enjoyed a long-running series of podcasts on Chile until they recently ended. Even had a letter I wrote to the host read in his show about a year ago (that was interesting).


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  • Posted by khalling 10 years, 2 months ago in reply to this comment.
    I understand about the firearms. owning land in a foreign country is iffy. and I think you're in a stronger position if you can move around. In the end, defending a plot of land will make you vulnerable, not the other way around. just my opinion
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  • Posted by Robbie53024 10 years, 2 months ago
    Ex-Pat as a job move or merely to escape the US? I had an Ex-Pat work assignment in Mexico in the mid '90's. It was a pretty interesting experience. Monterrey was home to many of the drug kingpins, but at that time they kept the violence elsewhere, so living there was pretty decent. Now, they are killing one another left and right, and I don't think that I'd want to live there, nor anywhere along any drug corridor. Also, at the time, you could only own real estate if you were a Mexican citizen (I don't know if this has changed), so you would always be beholden to someone else for your ability to live there. Canada could be OK, but the benefit of the currency difference has evaporated, so not sure if that's a factor or not.
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  • Posted by $ Susanne 10 years, 2 months ago
    We did, a long time ago, and still have productive property in Italy (36 Acres in Olive, Grape, and Grain)... we talked a couple times about selling it, but realized that if we ever needed an escape valve, it was there. We were stuck there unexpectedly for a month and a half when the Icelandic Volcano went off, and it was then that I realized - Yes, I could live here, and thrive.

    The other thing with Italy, for us - while it is part of the European Socialist Market, it's probably one of the few where you have somewhat of a free hand, and can make money if you work hard and can negotiate their system. As an expat there, it's not easy to start a business, but (and this is important) you are successful to be able to employ Italians in your business, they tend to be somewhere between "We see nothing" to grudging approval and respect. Additionally - they've been considering dumping the Euro for years - they never liked being on it in the first place - and when they go back to the Lira, their economy will improve.

    Also of note - it's probably one of the few EU countries where firearm ownership - while restricted - has a very low bar to cross. Hunting is considered a national right, especially in the rural parts of the country. And the road to Italian Citizenship is a pretty straightforward (if lengthy) process.
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  • Posted by ChuckyBob 10 years, 2 months ago
    If I were to go expat it would be to Chile. I have been there a couple of times for business and once for pleasure for a couple of weeks. It has a low tax rate, the most stable economy is S.A. and rule of law means something there. If you want first world surroundings you can live in the Providencia, or Las Condes parts of Santiago. Personally, I would live further out in the country. You would, however, have to be able to accept third world conditions in some parts.
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  • Posted by dadyer 10 years, 2 months ago
    I have been considering it for awhile, also. Check out the report on this web site geared to ex-pats and potential ex-pats: http://internationalliving.com/2015/01/t...
    One of you mentioned Ecuador. It's number 1 on the list. They claim a couple can live comfortably on about $1500 per month! Colombia (who'd a thunk it?), Panama, and Mexico are at 2, 3, & 4. Portugal, Spain, and Malta are the top three in Europe with Thailand in the top ten in Asia. Pretty interesting report, especially the information about available healthcare resources and low costs!
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  • Posted by SFMedic 10 years, 2 months ago
    Lots of expat Americans now live in Panama. Even have one friend who settled in Cambodia because he felt he could live like a king there.
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  • Posted by $ Your_Name_Goes_Here 10 years, 2 months ago
    If you have interest in staying state-side, Texas. And a good opportunity for a Chris Rea plug: http://youtu.be/GMk208Op1Jc.

    I've read about the history of New Zealand... a country that almost went socialist, and pulled back from the edge to a free enterprise society. Sounds good to me, as we are heading beyond the point of no return in that regard...
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  • Posted by RonC 10 years, 2 months ago in reply to this comment.
    We have friends that bought land in Belize. At least they tried. The signed a contract and paid their money. A couple of months later they were informed the developer had decided to re-divide the plots, they still owned property but it was now 20% smaller. The price remained the same!

    This is the problem with foreign purchase. We are the immigrant, illegal or otherwise. And, we fall prey to the local rules and changes.

    An added piece of information: In Belize firearms are permitted. Meaning by permit only, one, no larger than 22LR, with permission of the government. For me, this is not acceptable.
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  • Posted by coaldigger 10 years, 2 months ago
    I think about it all the time. I am retired and disappointed in what has happened in the US. I agree with Rand that, in our founding principles, we were the most moral nation ever but we have willfully discarded those principles. I am left with nostalgia but zero respect for our country and it hurts me to have to witness the slide.

    I am too old to think that I can do anything about this mess and would not care about the politics of a foreign land as long as I could maintain a low enough profile not to get their attention. I would be gone but my wife can't stand to leave the kids and grand kids so we wait.

    My choice is Italy not because of their government but in spite of it. Generally, they are so incompetent at governance that everyone ignores them. The people are great, the climate good and the food, scenery and wine magnificent. I like the final scene in Godfather III when an ancient Michael Corleone is sitting out in the sun wrapped in a blanket with his scraggly dog then slumps and falls over. perfect way to go!
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  • Posted by Zenphamy 10 years, 2 months ago
    I continue to think about New Hampshire and the Free State Project. Although not ex-pat, the idea of contributing to a state of freedom is tempting in a way.

    Going ex-pat as a single man isn't quite as inviting.
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  • Posted by freedomforall 10 years, 2 months ago in reply to this comment.
    I'd be willing to apprentice, jb ;^)
    I only visited Abaco once for a few days 30 years ago. I was a very laid-back evironment. Diving was decent there. Priobably safer to choose Honduras Bay Islands or ABC islands for lower hurricane risks. Many Australians have cisterns for water, too.
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  • Posted by $ jbrenner 10 years, 2 months ago in reply to this comment.
    Abaco is right on the eastern edge of the Bahamas, making it a little vulnerable to hurricanes. Regarding drinking water, I am sure that, if we lived there, I would get a bulk deal on reverse osmosis units. I could build a large version of an RO unit, but this isn't the best use of my time.
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  • Posted by $ 10 years, 2 months ago in reply to this comment.
    My time there was brief, only about a week. I did, however, rub elbows with some ex-pats there. They all seemed happy as hell. One owned her own boat equipment company that was still operating in the State. Another owned the dockside bar where we ported. The local natives don't seem to have much wealth but seemed like very nice people. They have a different take on family values than Americans (dad makes babies all around the neighborhood). From a technical standpoint, acquiring drinking water can be a challenge, using cisterns. Beautiful place, though. If you can get waterfront and have a doc you are off to a good start. But, there are plenty of Americans hiding away over there... We ported in Marsh Harbour. The occasional hurricane poses a challenge but they seem to be prepared.
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  • Posted by $ jbrenner 10 years, 2 months ago in reply to this comment.
    About eight months ago there was a pretty nice looking 5 acre resort on Abaco that came up for sale at a reasonable price.

    Please tell us about your experiences at Abaco. Some have the perception that it would not be a particularly good place for the Gulch.
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  • Posted by $ 10 years, 2 months ago in reply to this comment.
    Really? That is interesting. My wife has been asking about that region, too. We spent a short time there before we got married. My mom was a cruiser, living on her own boat as an ex-pat, and we spent time sailing around there with her. Amazing place.

    Yes. Going Galt, to some degree. I would want to keep working.
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  • Posted by $ jbrenner 10 years, 2 months ago
    Type jbrenner homework into the search bar, and read that thread if you are "going Galt". A number of us are seriously discussing this, and have explored a number of options offline. A site still on the radar is your namesake island.
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  • Posted by Eudaimonia 10 years, 2 months ago
    My wife and I were discussing this as well a couple of years ago.

    We settled on Wyoming.
    Initially Cheyenne, possibly more remote in the coming years.
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