Money and Taxes « Previous Entries

Mexico, Costa Rica, Panama. . . Great Tax Deals!

Wednesday, November 7th, 2007

American retirees and expats living in Central America often have questions about taxes. These are legitimate and reasonable questions.
In Mexico, Costa Rica, and Panama, American retirees are GENERALLY not taxed on pensions, Social Security, and similar income earned in the States.
HOWEVER, the IRS insists that US citizens must file US tax returns, even if […]

Panama Has Something For Every Taste!

Monday, October 29th, 2007

Panama is one of the top retirement destinations for Americans, and there’s really no doubt as to why!
Panama is peaceful, beautiful, and economical. English is spoken here, and American money is accepted, too.
Prices in Panama are low, and that includes real estate.
Health care in Panama is superior and inexpensive.
Retirees in Panama can get internet, […]

Wal-Mart Brings Banking To Mexico

Monday, October 8th, 2007

From Suzan Haskins, International Living’s Latin America Editorial Director, comes this news about Wal-Mart’s decision to operate as a bank in Mexico, and how this might impact everyone who lives there, whether they be Mexicans, Americans, expats, retirees, etc.
"No matter how you feel about Wal-Mart, you have to admire their persistence. Now this: Mexico banking […]

Mexico: Healthcare, Food, Prices, and a Laid-Back Lifestyle

Monday, October 1st, 2007

From

Panama Pensionados Speak Up

Friday, September 28th, 2007

Panama has a fantastic pensionado program, and Americans are flocking to this beautiful Central American country in droves.
People speak English in Panama, and American money is good there, too.
Healthcare? Panama has excellent health care: doctors, and hospitals, and. . . you name it. Procedures that are priced out of most retirees’ reach are […]

A New Life in Guatemala

Wednesday, September 26th, 2007

You don’t have to be a resident to begin your new life in Guatemala. The Pensionado plan here is fantastic. Most foreigners get 90 days as a tourist, and you’d be eligible for another 90 days before you have to decide if you’re staying or returning to the States. I’m betting that […]

Stretch Those Dollars in Dominican Republic: Your Retirement Paradise

Thursday, September 20th, 2007

From the Miami Herald, we learn a little more of what makes the Dominican Republic a retirement paradise for so many people.
“The appeal of living or retiring in places where the weather is milder and dollars stretch further is easy to grasp.
But what makes a good retirement spot is often different than what makes a […]

Mexico: Your Health Care Dollar Will Go Much Farther!

Wednesday, September 19th, 2007

More and more people of retirement age are moving to Mexico because not only will their dollar stretch much further in Mexico, but also their health care expenses will be much lower.
The combination can be irresistible to people who are or will soon be living on a fixed income.
Many of these fixed incomes require a […]

Sunrise in Belize Is Truly A Thing Of Splendor

Monday, September 17th, 2007

Retirees in Belize notice something different about the dawn: it doesn’t last very long!
Belize is very close to the equator; therefore, the sun rises really fast. If you blink, you’ll miss it! Many people who live in Belize are up well before the dawn, conducting business, sipping coffee, just so they might […]

American Retirees in Panama Find Much To Do, Little To Regret

Thursday, September 13th, 2007

The Washington Post has a very interesting article online about several retirees who decided to retire overseas.
I know that many of our readers are interested in overseas retirement, particularly in Central America, and the testimony of people who actually DID IT means much more than raw statistics.
Here are a few excerpts from the article, by […]

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