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Shelter Offshore’s Alternative Overseas Retirement Destinations
Thu, November 19, 2009 - 8:43 am EET
Having spent two days reviewing the top ten retirement destinations in the world as chosen by Forbes magazine, we thought that there are quite a few ideal hotspots missing from their list. As a result, we’ve decided to put together Shelter Offshore’s alternative overseas retirement destinations list for anyone wondering about where in the world they should go and live when they retire.
The Forbes list did cover some of the evergreen and emerging markets – from Australia to Austria and from Canada to Panama for example - but it missed off some excellent choices such as Cyprus, New Zealand, Argentina and Belize, to name but a handful.
If you’re contemplating moving abroad in retirement and you want to find the perfect paradise on earth for you, our selection may give you a few more suggestions to research. As always we will present the pros and cons of a country as well, so that you can get an initial feel of whether a given nation suits you or not.
Review of Forbes’ Top 10 Overseas Retirement Destinations Part 2
Wed, November 18, 2009 - 8:35 am EET
Yesterday we looked at the first five destinations that Forbes have determined are the top of the pile when it comes to ideal overseas retirement destinations. The Forbes list has been complied on the back of their own research which has been looked at in relation to leading international surveys from the likes of Mercer about where in the world it’s affordable and safe, attractive and good to live.
In the list of ideal overseas retirement destinations are evergreen favourites like France and Australia, but there are a couple of surprising entries such as Austria and Panama too – therefore we thought we should delve deeper and present to you the main reasons for and perhaps against moving to each country in turn so that the list is more accessible and understandable.
After all, to be forewarned is to be forearmed, and if we can shed a little more light on why a given destination is in the Forbes list, this may help your own research and decision-making when you are thinking about where in the world you could perhaps live in retirement. Yesterday we covered Australia, Austria, Canada, France and Ireland…and today we’re going to be looking more in depth at why Italy, Malaysia, Panama, Spain and Thailand have made the Forbes top 10 overseas retirement destinations list.
Review of Forbes’ Top 10 Overseas Retirement Destinations Part 1
Tue, November 17, 2009 - 8:54 am EET
Forbes drew on the research of leading institutions and bodies around the world to compile their list of what are theoretically the 10 best places to retire abroad. For example, they used the research and findings from the likes of Mercer and FutureBrand and came up with a ranking system to determine where in the world are safe, welcoming, accessible retirement havens offering a high quality of life.
The top ten list includes many typical favourites from Australia to Canada, from France to Spain and from Panama to Italy. However, there are a couple of unusual entries in the form of Thailand and Austria that have surprised a few would-be retirees who have been researching their options and alternatives, so we thought we should perhaps provide a review of Forbes’ top 10 overseas retirement destinations so that you can see what’s so good about each choice.
Additionally, in the spirit of fair and balanced journalism, we’re going to present the good, the bad and the ugly about each nation in turn as well, allowing a would-be retiree thinking of moving abroad and looking for the best place to live to understand which elements of a new life in a given nation they will enjoy, and which they may have to endure! This is part one covering Australia, Austria, Canada, France and Ireland…and in part two we will examine Italy, Malaysia, Panama, Spain and Thailand.
Why it Doesn’t Pay to Be An Expat in the UK
Fri, November 06, 2009 - 9:29 am EET
Not only do Britons want to escape the sinking ship that is the UK, it seems that almost half of all expatriates living in the UK want to leave as well! This country really is not doing too well at the moment is it – some might even suggest it’s doomed and that the rate at which people are planning to leave is akin to those rats scurrying off that sinking ship and abandoning it to its fate!
Of course, comparing expats and would-be expats to rats is not favourable – but comparing great Britain to a sinking ship is about right! We now have statistical and factual proof about why it doesn’t even pay to be an expat in the UK – and we’re the publication that goes on about expats always having an advantage. Well, it seems that if you’re relocated to work in the UK your advantage is significantly less than that which most other expatriates enjoy!
Not only do expatriates resident in the UK earn less than many other expats around the world, they are taxed more, they earn in a weak currency, they are able to save far less money than their expat peers and 44% of them want to get out or go home! It seems that the UK can’t even attract foreigners to remain onshore!
What’s it Like Teaching Abroad? An International Teacher Case Study
Thu, November 05, 2009 - 9:36 am EET
Did you know that there are over 5,000 international schools in the world? They are in virtually every single nation you can think of – what’s more, as education is a business just like any other, the number of international schools grows each and every year. If you have a teaching qualification, this fact means that there is a huge opportunity out there for you to go and live abroad, work and discover a whole new life for yourself.
In these 5,000+ international schools there are over 192,000 English-speaking teachers including 60,000 British teachers. The staff turn around at each school is far higher than it is in the UK because teachers who work abroad often want to travel, work at different schools and many only commit to being away from home for a set number of years. Therefore, whilst for the rest of us the global financial crisis means that it can be hard to find work overseas now, if you’re a teacher, you’re in a uniquely advantaged situation.
So, what’s it like teaching abroad? If you want to go and work at an international school we can imagine that you may have a million questions about what it’s really like, so thanks to the Teachers International Consultancy (TIC), we have an international teacher case study for you. Janice Ireland has taught abroad in locations as varied as Kuwait, Libya and the Netherlands, and she is typical of those who make the very most of their time overseas because she gained so much from her international teaching experience.
No Matter How Hard it Gets 85% of Expats Choose to Stay Living Abroad
Wed, November 04, 2009 - 9:04 am EET
There’s no doubt about it, the global financial crisis has taken its toll on us all. Expatriates around the world are reportedly attempting to spend less, save more towards a rainy day fund and are cutting back on luxuries and essentials in a bid to afford a rising cost of living, and to cope in the event that things get even tougher, financially speaking.
But no matter how hard it gets, according to HSBC’s Expat Explorer survey, 85% of expats choose to stay living abroad. This speaks volumes about the famed expat lifestyle and how much better off people find themselves to be when they relocate overseas.
It seems that money isn’t everything for expats when it comes to the lifestyle they lead, because even those who explained in the survey that their cost of living had gone up meaning that they cannot enjoy such a high quality of life materially speaking, were happy to remain living abroad. This is a real boost to anyone thinking currently about relocating overseas – because even though it can now be harder to move abroad because of financial pressures, it seems that the rewards are still certainly there for expats.
