The ABA Consumer Guide to Retiring Abroad: Legal, Financial, and Tax Issues and Solutions

More and more Americans are choosing to retire abroad. Many people make the decision primarily for lifestyle factors and fail to consider all the elements that come into play: lifestyle, living costs, citizenship, finances, taxes, health care, and property. Laws vary from country to country, particularly in regard to taxation, property, and health care. While the possible lifestyle in one country may be ideal, other factors can make life difficult. This book provides essential information for those thinking about retiring abroad and highlights problem areas so that readers can make the best possible decisions for their circumstances. Highlighted in the book are legal and tax issues that one should plan for prior to committing to a specific country. This is particularly important now because the IRS has signaled that it is going to pursue foreign income issues far more aggressively.