How can a U.S. Veteran achieve financial freedom and retire abroad?
Veterans of the United States have increased opportunities to achieve financial freedom, taking advantage of the retirement money and the health insurance could keep you free of debts for your entire life. Still, it’s no easy task, because the cost of living can get very high in the United States or in any big city around the globe.
There is a convenient way to achieve financial freedom and its by retiring abroad on a country with a lower cost of life. You, as a U.S. Veteran, could live of for about $1500 in a tropical country with all the commodities you need, a better weather and a more relaxed culture.
You don’t even have to worry for your health insurance, because your Foreign Medical Program has world wide coverage. This is especially beneficial for any disabled Veteran.
3 key advices for any U.S. Veteran retiring abroad for financial freedom
Find country with a cheaper cost of life.
That’s the key to make your buck worth while, the cheaper the country, the better you can live in it. It’s important to compare the rent price of a specific city and use this as a benchmark of how much would you need. Also, if you sale any property you have in the U.S. you can use that money to buy a bigger one abroad.
Choose the lifestyle you want to live.
Life in the U.S. can get hectic and competitive, retiring elsewhere opens the door to many other ways of living that are much easygoing and relaxing. Take Costa Rica for example, a country without an army, free education and free health care, where you can retire in a small town, in front of a paradisiac surf spot for less than $1500.
Get in touch with the expats community in the country
There are U.S Expats communities all around the globe, especially in convenient cities that combine high standards of life for a cheaper cost. Be sure to search this communities on the web and on social networks, a 1 on 1 call with someone who has done it is the best way to learn the basic and important stuff about where you are heading.
We would love to help you get in touch with the U.S Veteran Community living in Costa Rica and make your retirement as safe as possible. Contact us with any question about Costa Rica or Veterans Health Insurance.