RSS
Print This Post Print This Post

Patricia Tan – Perspectives – International REAL Estate

Patricia Tan

Are You Ready?

By Patricia Tan

A growing number of U.S. citizens are choosing to live in other countries. Are you ready to join them?

In 2016 more Americans than ever before surrendered their passports and chose to renounce their U.S. citizenship. The latest statistics available for 2017 also show that the numbers are continuing to climb. But this is only part of the picture. An ever-increasing number of Americans simply choose to live in a foreign country while retaining their citizenship. The decision to relocate may be based on personal, economic, financial or lifestyle choices, but it is most certainly not a decision to be taken lightly.

Many Americans look to establish homes in countries where the cost of living is lower, and where their retirement funds will go further. This could mean moving to a “less developed” country, but such a move is not for everyone.

Pat Tan condo photo

I talked with a U.S. developer who offers ex-pat communities in several countries including: Belize, Nicaragua, Costa Rica, Panama, Chile and Ecuador. He agreed that a move to one of these countries must be carefully considered. Over the years he has seen many successful transitions, but also some that have failed. Based on those experiences, his company developed 15 “Must Ask” questions to help people decide if such a move is likely to work for them.

Are you ready to move to a foreign country? Try the quiz below and find out. You don’t need to answer “yes” to all of the questions, but allocating a score to each answer will help you assess your own suitability. The higher your score, the more likely you are to make a successful and long-lasting move.

Pat Tan Beachfront photo

Scoring:
1 point if you answer no/below average
2 points if you answer sometimes/average
3 points if you answer yes/above average

1) Are you usually one of the first to try new things, new foods and new experiences?

2) Are you able to relax, willing to adapt to a slower, easier going pace, or the even the faster pace some destinations may dictate?

3) Are you a self starter who doesn’t wait for someone else to get things done?

4) Are you willing to learn the basic phrases of a new language? (Of the countries we listed above, only Belize boasts English as their official language)

5) Do you make new friends easily?

6) Are you an optimistic/glass-half-full kind of person?

7) Are you financially secure enough that you don’t need to work? Or could you be if your cost of living was much lower?

8) Are you open to new adventures and activities?

9) Do you have a hobby or interest you really want to pursue?

10) Are you comfortable being a minority in a new country?

11) Are you flexible, and easy going enough to deal with long lines/delays/bureaucratic delays?

12) Are you genuinely interested in getting involved in a new community and joining clubs/activities?

13) When faced with problems, are you creative in figuring out how to overcome them?

14) Do you respect different cultures and realize you will be moving to THEIR country?

15) Are you healthy enough (mentally and physically) that you do not need constant medical attention?

For those higher scoring readers, the world offers a number of options and retirement destinations. Many target Americans in particular, and build U.S. style resort communities for full time living, like the ones pictured here.

patricia-tanPatricia Tan was born in England, and her career in international sales and marketing led her to live and work in many countries around the world before moving to Sarasota in 1997. Patricia is a Certified International Property Specialist (CIPS), Graduate Realtor Institute (GRI), and Transnational Referral Certified (TRC). She is involved in global activities of the Sarasota, Florida and National Association of Realtors, and currently serves as NAR President’s Liaison to U.K. Her real estate business operates from Coldwell Banker on St Armands Key, where her focus is to bring international buyers to the local market. She regularly makes marketing trips to Canada, Asia and Europe, to promote Florida’s Gulf Coast and the Sarasota area in particular. Patricia may be reached at 941-504-9232 or Pat@PatriciaTan.com.

Copyright © 2018 REAL Exclusive Magazine www.getrealexclusive.com
Links to this article are encouraged

Share

Tags: ,

Leave a Reply


Featured Properties

Ads

REAL HAPPENINGS

Aimee Cogan Named To List Of Top Wealth Advisors

Aimee Cogan Named To List Of Top Wealth Advisors

Working Mother Magazine Ranks Aimee Cogan As A Top Wealth Advisor Mom. Morgan Stanley announced [...]
October 22, 2018 Starts The Swingin’ Big Band Mondays

October 22, 2018 Starts The Swingin’ Big Band Mondays

Sarasota Jazz Project Orchestra Leads Off With Reverend Arthur Hallett and Bob Miner. The Saraso[...]
Jennings and Company Grows Their Client Base

Jennings and Company Grows Their Client Base

Jennings and Company Adds StoneImpressions To Their Roster. Jennings and Company, a Public Relat[...]
Sirius Day Spa Lakewood Ranch Opens First Location

Sirius Day Spa Lakewood Ranch Opens First Location

First Franchise In Florida, Lakewood Ranch Gains Full Service Luxury Spa. Sirius Day Spa celebr[...]
October 25, 2018 Out Of The Blue

October 25, 2018 Out Of The Blue

NAIMI Sarasota Presents The Largest Fundraiser For Mental Health. Join us for SARASOTA'S LARGEST[...]
October 20, 2018 Masquerade Ball

October 20, 2018 Masquerade Ball

Sabor Sarasota Presents A Night To Remember. Bailamos October 20th everyone! A Masquerade Ball!![...]
October 10, 2018 Learn to Sing “Va Pensiero”

October 10, 2018 Learn to Sing “Va Pensiero”

Giuseppe Verdi Returns To Sarasota Opera. The last time Sarasota Opera performed Nabucco, the wo[...]
Sonny’s BBQ Bradenton Location Reopens

Sonny’s BBQ Bradenton Location Reopens

Get Your BBQ Fix In Bradenton. Sonny's BBQ Bradenton had a smokin’ good time at their grand re-o[...]
Buddy Moore Joins Cardinal Financial Company

Buddy Moore Joins Cardinal Financial Company

New Mortgage Company Sees Industry Veteran At The Helm. Buddy Moore and The Moore Mortgage Team[...]
2018 Women's Council Of Realtors Sarasota Fashion Show Video

2018 Women's Council Of Realtors Sarasota Fashion Show Video

Here it is! 2018's Fashion Show Of The Year! If you were there, RELIVE IT! It you missed it, ENJO[...]
October 6, 18, 25, 2018 Mellon Grant Arts Events

October 6, 18, 25, 2018 Mellon Grant Arts Events

New College Announces October Mellon Grant Arts Events. Dance, music, choreography, Asian film[...]
Berlin Patten Ebling Gains Associate Attorney

Berlin Patten Ebling Gains Associate Attorney

Pamela Hernandez Joins Berlin Patten Ebling. The Sarasota law firm Berlin Patten Ebling recentl[...]
Clifford M. Scholz Architects Adds Partners

Clifford M. Scholz Architects Adds Partners

Rick Oswald And Daniel Shaffer Are Now Partners At CMSA. Clifford M. Scholz Architects (CMSA) an[...]
September 20, 2018 Classic Movies at the Sarasota Opera House

September 20, 2018 Classic Movies at the Sarasota Opera House

Sarasota Opera House Presents The Great Caruso (1951). Thursday, September 20th at 7:30pm $10 [...]
Conservation Foundation Rated As Top Charity

Conservation Foundation Rated As Top Charity

Business.Org Identifies Florida’s Top Charity. Conservation Foundation of the Gulf Coast was re[...]
Remembering 9/11

Remembering 9/11

We Will Never Forget 9/11. Dedicated to the men, women and children who lost their lives, the br[...]
September 12, 14, 15 & 27, 2018 Mellon Grant Arts Events

September 12, 14, 15 & 27, 2018 Mellon Grant Arts Events

New College Announces September Mellon Grant Arts Events. Dance, music, choreography, Asian fi[...]
December 6, 2018 PINC Experience

December 6, 2018 PINC Experience

Sarasota Opera House To Host PINC. PINC is a gathering of minds with a focus on science, art, hu[...]
2019 Thunder By The Bay Schedule Released

2019 Thunder By The Bay Schedule Released

Festival Now Includes Two Days Of Music! Mark your calendars as Thunder by the Bay returns bigge[...]
Applications Open For Women’s Sports Museum Scholarship

Applications Open For Women’s Sports Museum Scholarship

Calling All High School Senior Female Athletes In Sarasota, Manatee And Charlotte Counties! Sta[...]
Translate »