Hello. My idea for retirement is the following : spend the year in 4 countries, 3 months each (I am currently thinking about Thailand, Morocco, Brazil and Canary Islands or Florida). I am French and Spanish citizen.
The idea for doing is are that normally for a 3 months stay you do not have major visa problems, you are normally not deemed to be a resident for taxes... so if you do it well, you choose a country for tax residency which is cheap -so pay little taxes-, live in these places where life is decently cheap, have good weather if you plan it in order to optimize your weather (be out of Thailand for example for the rainy season)... and you do not get bored by changing atmosphere every 3 months.
I have read this is called being a Permanent Tourist.
I would like to know if you have done it and how you organise yourself : do you buy a flat in each country ? -my initial calculation is that you roughly pay for these 4 what you would pay for one if you had chosen to live in a big European city- do you rent it the 9 months you're not there ? what about medical insurance when you live like this ? I assume your pension you can collect in an account at your previous home. My idea is to live on my investments anyway -I assume better held offshore so you do not gain a residency based on the principal centre of your interests. But I think about practicalities : not easy to get a phone line for 3 months per year, a gym subscription for 3 months, a maid for 3 months a year...
I would like to hear from people who did something like that and don't mind sharing how they have structured themselves.
I also understand that at some stage when you get too old then you must settle somewhere... so far I am thinking about a nice retirement home in the Philippines. But still a long way to go (hopefully).

