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20

I've read a few of your blogs but the one I can really relate to is Money
Matters.

I lived for 6 years in Laos - another of the worlds poorest
countries. I remember well so many 'firsts' for so many young Laos. I was so
happy to be able to do it but it was so sad that I had to - if you know what I mean. Anyway, thank you for putting it all so eloquently.

But, by the way, and if you're interested, you are making a horrible mess of my future travel
plans. I'm thinking of 2010 in Central America including Cuba and the DR and
perhaps some Carribean islands. Nicaragua wasn't even on my list ......

Good luck with your downsizing and happy travels.

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21

"I've also witnessed a mass migration of expats from Costa Rica into Nicaragua and Panama after they lost their life savings with "The Brothers" , or the pensionado visa requirements changed."

These are exactly the kind of things I'm talking about. They can change any of the rules at any time. It isn't something that happens in countries like the USA, Canada, Oz, etc. Most first world countries aren't attractive to people looking to retire in a foreign country. Most people make the move to a cheaper country, not one that is more or less the same cost wise.

Consequently, some countries have large influxes of 'wealthy' retirees and may even cater to them with things like 'retirement visas' etc. However, if you are one of those people, you need to think of yourself as a cash cow. That's why they are letting you in after all, not because they want to increase the number of old people in their country who are dependent on their social services. As cash cows, you are only as welcome as your money makes you. You may also find yourself in a situation where if your money runs out, you get the boot. After all, when a cow stops giving milk, the cow becomes useless to the dairy.

If people spent a little time thinking about, 'why do they want me to move to their country?', they could figure it out pretty easily. They could also figure out that anything that increased the amount of money that could be squeezed out of you would probably be approved of. So rules change overnight that have a huge impact on foreigners in the country but little or no affect on local citizens. You're fair game.

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22

Interesting and amusing website. I do believe you will have to keep the thought in front of you that these are "things". Memories are in your heart and mind.

I think you'll also have to let go of the idea that most of these things have much value to others. I've now had to close out both my mother's and my mother-in-law's estates in the past five years. Except for those items that an antique or collectible's dealer is eager to buy from you him/herself, the rest are just garage sale fodder.

A lovely home and lovely things, but just things ...and those of us in an age group to appreciate your things ...already have too many of our own things :) Young people want everything brand new from Pottery Barn and the like.

I do have a number of friends that have been "selling" their lives away in the quest to be free of the burden of their belongings and what I'm told is that you post a collectible or such to ebay or craigslist for three weeks running. Then you drop off it at the goodwill. Period. An improved economy will not improve your market - young people don't want it and old people have too much stuff of their own.

Now if anyone is interested in 12 place settings plus every "completer" piece available (and sometimes two) of Royal Albert Val' Dor ....? Inherited from my beloved Granny and/or recevied as wedding gifts so the emotional burden attached to this albatross is considerable. But I've talked to both daughter-in-laws and there is NO interest ....sigh.

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23

Oh, I know what you mean, living. I've got so much china that it's pathetic, and neither daughters or daughter in law want it! Well, I'm still using it ALL a lot, as I like to cook and entertain, but at some point---??? So it goes.

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24

The way it works at my house these days is that if you walk in and admire something, you usually end up walking out with it under your arm! I am not moving or formally downsizing yet but the burden of "stuff" is oppressive to me these days so I am happy for my things to find new loving homes.

I can certainly identify with people going about it in a more formalized way - like moving into an apartment or across the world or into an RV fulltime. What I am told is that while it is wrenching to let go of some things while you are doing it, a year down the road you realize that you have not had a single regret about it or longing for those things again.

I am currently traveling through Alaska and Yukon Territories and keep seeing wonderful things to take home with me - but the realization that it will all become another weight on my soul and/or garage sale fodder for my kids to get rid of keeps my wallet in my pocket.

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25

When I first left home longterm, I put a whole pile of stuff into a rented storage locker and pre-paid a year's rent. After I had been gone for a year, I called my Brother and told him and my 2 sons to go empty out the locker. My instructions were 'keep, sell, or dump' it all. My one Son still has boxes of stuff he has moved 3 times since that take up half his garage. He hasn't learned yet, IT'S ALL JUNK unless someone wants it.

There wasn't one thing in that locker that I needed at the end of that year of storage. That told me all I needed to know.

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26

From visiting Nicaragua each of the last two years and talking to many locals, I get the impression that the Sandinistas will be out the next election. In any case, while Ortega has not really done much to encourage expat retirees to come, he has not done anything to discourage (i.e., he doesn't much care one way or the other).

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27

when i first took up temporary residence a couple of decades ago in costa rica they had a pretty good expat package that encouraged their northern gringo neighbors to come down.

..that got yanked out from under many expats with marginal means who made the move on good faith & with proper due process....

...this taught me to make every move a temporary one...even if i know the turf & have some on site experience beforehand

...

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28

Wise words germuno, make every move a temporary one indeed, there's no knowing what will happen next year in any of these countries people retire to. Unfortunately not everyone listens to good advice.

All these posts about what country to retire in are more or less the same. People looking to get more for their money but without understanding the risks they are taking. Once they invest their cash in one of these poor countries, they are open to being well and truly screwed at any time. I think people contemplating such a move should look at it like gambling, never bet money you can't afford to lose. Some bet their life savings and do lose as the people you are talking about did.

There is nothing wrong with living in a cheaper country for a while. As long as your health is good, why not enjoy good weather but when it gets closer to the end of the road, there's nothing like living in a first world country. I've had my years in the sun, living by the beach, now I opt for where you get first class health care for $96 a month for a family regardless of size, along with all the other advantages of a first world country.

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29

in times of war survival doesn't depend on being tough, strong, etc...but on your ability to hide...kurt vonnegut paraphrase

..globalization isn't going to slow down...power & resources shift...bear/bull?

..i personally don't like 1st world countries as they have so many restrictive laws

...however by way of compromise with my squeeze we have decided to buy a beach condo in san diego...it also fits into my new medicare/kaiser health program which requires me to return to the states every year...how they would enforce this rule i don't know but it suits me to abide by it...my costs for this programs is $96 for uncle sam & 30 for kaiser...more than double yours wayworn...but what can a yankee do?

...the rest of the year i will just go with the flow but it won't be in the states or canada...

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