The Financial Guide to Retiring Abroad
How to Retire Overseas, Avoid Tax, Invest Wisely, and Save Your Money
Rockville, MD (PRWEB) January 11, 2011
The Financial Guide to Retiring Abroad is the newest and most comprehensive book to discuss the financial aspects of retiring overseas. Author Rick Todd has written a book that illustrates the challenges of moving to another country as a retiree, and the various financial and economic aspects of such a move.
With millions of people in the United States and Europe and elsewhere facing retirement with small or reduced pensions, The Financial Guide to Retiring Abroad seeks to help those who are looking to move overseas for retirement in order to save money navigate the difficulties of packing up and moving.
“A lot of the information on the internet and in books for retirees planning on moving abroad is either erroneous or overly optimistic,” said author Rick Todd. “I’ve used my experience living and working overseas to write a book that paints a more realistic picture of the pros and cons of retiring overseas. My background in financial services will help retirees make safe and conservative fiscal decisions that will help keep them out of trouble.”
Retiring abroad means applying for a visa, passing a background check, making sure you have adequate health insurance and a large enough pension. Many countries will not let a retiree into their countries unless they complete and pass an exhaustive application process.
One of the common misconceptions about retiring abroad is that buying a property is a great investment. Rick Todd has studied the issue extensively for The Financial Guide to Retiring Abroad: “It’s usually a terrible idea and I explain why. Everyone wants an affordable apartment near the beach, but they don’t understand that there are a lot local legal loopholes to deal with. Property markets, particularly in places that cater to retirees, are very volatile. You can lose everything very quickly if you invest in real estate.”
In addition to financial advice on moving overseas, The Financial Guide to Retiring Abroad features discussions on how to cope with culture shock, the immense differences between developing countries and developed countries, and which parts of the world are the best places to retire. The Financial Guide to Retiring Abroad is available at on-line bookstores Amazon. com and Barnes & Noble for only US$15.95, C$16.01, and UK£12.95. Rick Todd is a communications professional who has lived around the world and specializes in writing books for investors and expatriates.
For more information and to contact the author please visit: http://www. expatinvesting. org
Source: Commonsensical Publishing, Copyright 2011
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