Choosing the Right Destination for You
When you’re deciding where to purchase a second home or retirement home, it’s easy for excitement to take over. So many countries, so many options IN those countries! It can be quite overwhelming once you get down to actually choosing. Where International can help you streamline your list to only a few countries that will fit you and your lifestyle.
What’s your motivation?
The reason for your International real estate purchase will significantly help you determine a suitable country. Are you looking to retire now? Later? Or perhaps you simply want a vacation home. Maybe you’re looking for an investment property and wish to rent the home out or start a business. These are all criteria to consider before zeroing in on a specific country.
Other important aspects to contemplate are whether or not you wish to become an official resident of a new country, or attain citizenship. The ease of obtaining these documents varies from country to country. Some make it somewhat easy, while others do not. This is something to consider and research before getting too excited about purchasing.
What’s important to you?
Consider what’s key in ensuring you enjoy your retirement or vacation home, and what items are non-negotiable. Common items of importance include:
Temperature – hot and spring-like being the most prevalent
Living on minimal monthly income
Distance from your home country
Ability or requirement to learn a foreign language
Availability of high-rated medical facilities
Political stability and overall safety
Access to physical activities, culture, quality restaurants and shopping
Explore and discover
It’s easy to sit around your kitchen table and look at pictures, read reviews and get excited about a country, but it’s nothing compared to actually being there. If you’ve considered your motivation and the important points of why you’re looking at International property, it should be pretty easy to set up some trips to your narrowed down locations. Fun! No matter how much you feel a country is right for you, you won’t really know if it fits your vibe until you’ve spent a few weeks there. Be sure to give it enough time… after you’ve passed the “honeymoon phase”, you’ll know if a country really is right for you.
Immerse yourself in the local culture
By now you’ve visited a few countries, maybe a few areas within certain countries, and have significantly shortened your list. The last stage of deciding on a retirement or vacation home is living like a local and immersing yourself into their culture. Try to spend a month or more, ideally over the various climates that particular country experiences. Shop in the grocery stores, visit the doctor and dentist and meet with other expatriates. As with anywhere, your surroundings aren’t always peaches and cream, but you still push through and make the best of your circumstances. If you’re able to live in a foreign country through tough times or various seasons and still love it, chances are you’ve found your ideal paradise.
Just like at home, nowhere is perfect. Every country, no matter how much of a paradise it is, has its pros and cons. It’s vital for you to remember the key items of importance to you, and concentrate on the countries that can fulfill those criteria.