Spaniards blame tourists for high housing costs and want to end tourism to the city.
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Do we need to end “free museums”?
Do we need to end “free museum admission” and free admission to other cultural attractions?
Continue readingTravel lifestyles of the rich…and the rich
The rich move their families to Europe for the summer or longer, because they can.
Continue readingCost of living in some countries lower
This is often because of population demographics: Spain Was Just Named the Best European Country for Cost of Living (travelandleisure.com) When your country’s population is decreasing, homes become surplus –…
Continue readingIceland re-instates “tourist tax”
Iceland wants to revamp its tourist tax policy to fight overtourism (cnbc.com) Also, Greece is adding a “climate tax” on tourists. Really, it’s just another tax on visitors, taxes, as…
Continue readingDon’t use your retirement fund to buy a home in another country? Probably good advice for most.
Unusual story of very late stage “Baby Boomer” who finds herself out of time and nearly out of money, having also bought a home in another country – using her retirement fund.
Continue readingCurrency arbitrage makes Americans think many countries are inexpensive
Life is not inexpensive in the local currency earned by the local population. Some places are inexpensive to Americans due to the strong U.S. dollar and currency conversion into the local currency.
Continue readingEmigration: Large portion of Americans abroad have dual citizenship
Up to one half of all “Americans” living abroad may be in just 4 countries (Mexico, Canada, India and the Philippines) and many have dual citizenship through birth or right of descent ancestry.
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Most Media Stories of Americans Moving Abroad Are Misleading
About 2/3ds of the “This American moved abroad” stories in the media involve people who were already dual citizens, married a foreigner, or had a right of descent ancestry immigration privilege.
Continue readingTax issues for Americans moving abroad can be complex
Tax issues for moving abroad are complex as you may have to pay taxes to the U.S., the state you moved away from, and the country of residence. There are also complexities (And costs) regarding Medicare for those 65+.
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