Envision A Cost Effective Retirement In These Awesome Locales
As retirement looms on the horizon, the majority of people are faced with the reality that they have just not been able to save enough throughout their working lives to retire in a financially secure position. If you are like the average man on the street nearing pension, your nest egg will probably fall somewhat short of the ideal needed to retire without any financial constraints. With all the practical possibilities and alternatives that could provide you with a comfortable retirement zooming around in your mind, consider using your saved cache to move out of the country. Look for a place that can offer the calm lifestyle you are after for the amount you have accumulated as a nest egg over the years. Here are some locations that you could consider which fit the bill when it comes to affordability and reputation as retirement havens.
Croatia
You may be nearing pension age, but that does not mean that you no longer have the spirit for adventure. If you identify with this, the numerous English speaking Croatian islands will suit you down to the ground. You will be sure to fit right into the so-called “New Tuscany ” as the islands are popular amongst many retirees looking for a relaxed yet intrepid retirement lifestyle that exploring the islands affords you. Take note though that it can get cold and windy in winter. If you like the idea of island exploration, you can choose to rent or purchase property as a home base on the coast of Pula or Rovinj for example. An apartment can be rented for $300 and purchasing a small apartment will only set you back around $70 000. This is very affordable and will mean that you can keep a lot of your retirement benefits in reserve.
Croatia
There are a couple of things to bear in mind though before you can move in and start your exploration of the islands. It is best to either get a temporary residence permit or go to the ministry of interior or the local police station with financial documents proving that you have the funds for normal living expenses and the documentation to show you have bought a property if you have chosen that option. Belonging to the state health care system will require registration and a minimal amount to be invested in the system, but this compulsory admission to the fund will benefit all retirees and means that you will have access to affordable healthcare. You will need to renew your temporary residence in 5 years time whereafter, you can apply for permanent status.
