Which tropical Island to Retire to ?

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sixtyforty
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Which tropical Island to Retire to ?

Post by sixtyforty » Tue Jan 23, 2018 9:51 am

Anyone here retired or thinking of retiring to a tropical island/Beach community etc ? How do you like it ? What is healthcare like ?
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stan1
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Re: Which tropical Island to Retire to ?

Post by stan1 » Tue Jan 23, 2018 9:52 am

Many people will post about Florida. Some like Hilton Head. Some like coastal California or Hawaii. Health care there is fine. Are you looking internationally?

MrNewEngland
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Re: Which tropical Island to Retire to ?

Post by MrNewEngland » Tue Jan 23, 2018 9:55 am

I have friends that went to Belize and they love it there. I haven’t gone to visit yet.

livesoft
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Re: Which tropical Island to Retire to ?

Post by livesoft » Tue Jan 23, 2018 9:56 am

Galveston Island? Mustang Island? South Padre Island?

I imagine that health care on Galveston Island is outstanding.
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lthenderson
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Re: Which tropical Island to Retire to ?

Post by lthenderson » Tue Jan 23, 2018 10:07 am

I know several mostly military vets that have retired to the Philippines. The reasons they cite is because there is an excellent VA hospital there for their healthcare needs and with their meager pensions, they can live a relatively extravagant lifestyle there complete with servants. But they almost always say they miss family and the simplicity of getting things done back home in America.

WhyNotUs
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Re: Which tropical Island to Retire to ?

Post by WhyNotUs » Tue Jan 23, 2018 11:36 am

Learn to sail, then learn to cruise, then you can retire to many islands.
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Re: Which tropical Island to Retire to ?

Post by RadAudit » Tue Jan 23, 2018 11:44 am

Choose carefully.

Just returned from a Caribbean cruise. You may wish to think long and hard about all the disadvantages of being the richest guy in town. I'd suggest someplace with a large ex-pat community of US citizens, decent medical care, and easy access to an airport with international flights.
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cinghiale
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Re: Which tropical Island to Retire to ?

Post by cinghiale » Tue Jan 23, 2018 1:02 pm

Do peninsulas count?

Picking up on what RadAudit wrote, I would look at Iberia: Portugal and Spain. European infrastructure, amenities, and health care. The climate of the French Riviera, with an abundance of blue flag beaches (clean water, well maintained). Abundant fresh produce and fruit. Mediterranean seafood. And the wine... don’t get me started on the wine.

My perspective is not theory only. I live here.
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Valuethinker
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Re: Which tropical Island to Retire to ?

Post by Valuethinker » Tue Jan 23, 2018 1:08 pm

cinghiale wrote:
Tue Jan 23, 2018 1:02 pm
Do peninsulas count?

Picking up on what RadAudit wrote, I would look at Iberia: Portugal and Spain. European infrastructure, amenities, and health care. The climate of the French Riviera, with an abundance of blue flag beaches (clean water, well maintained). Abundant fresh produce and fruit. Mediterranean seafood. And the wine... don’t get me started on the wine.

My perspective is not theory only. I live here.
By American standards, I find the Mediterranean coasts overdeveloped. Suburbs-by-the-sea. France & Spain* the worst. Italy. Greece is better, perhaps Yugoslavia. Beware the issue of refugees landing, and of future conflicts (Greece Turkey, mostly). Cyprus, oddly, there might be less risk of that (both sides seem to have accepted the stalemate, and there is a will towards reconciliation)-- but you are awfully close to Syria, and there are big British military bases there that the Americans use.

Portugal better still, but that's the Atlantic coast, and with no Gulf Stream (read: cold water). Northern Portugal especially. I met a man there who spoke with a broad New Jersey accent-- a lot of Portugese-Americans seem to retire back home there.

I don't know how healthcare works for a retiring non EU citizen. We shall shortly find out when Britain Brexits. But how would it work for an American?

Don't underestimate the challenges of navigating a healthcare system, as well as home care when needed, in a foreign language and culture. Let alone tax, law and order etc.

My idea of hell is those places on the south coast of Spain where the Brits live in little monolingual communities, trying to recreate Olde Englande in the sun-- pubs with English beer, croquet and lawn bowling, etc.

I'd much rather live in the hills outside of Toulouse, which are quite English, but you can interact with the locals, maybe get involved in regenerating some of those places. And you've got some elbow room. Or the Dordogne, which as the French note is the English finding the rainiest place in France to live ... ;-).

* I know the French Riviera and down to Spain. And Andalucia (which has some beautiful inland villages and towns). I may, therefore, simply have missed the best parts.
Last edited by Valuethinker on Tue Jan 23, 2018 1:23 pm, edited 2 times in total.

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Re: Which tropical Island to Retire to ?

Post by bloom2708 » Tue Jan 23, 2018 1:13 pm

I am going to buy some ocean front property in Arizona. I hope I get the last chunk of waterfront property when the day comes. :wink:
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Valuethinker
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Re: Which tropical Island to Retire to ?

Post by Valuethinker » Tue Jan 23, 2018 1:15 pm

sixtyforty wrote:
Tue Jan 23, 2018 9:51 am
Anyone here retired or thinking of retiring to a tropical island/Beach community etc ? How do you like it ? What is healthcare like ?
My choice would be US West Coast, north of San Francisco to British Columbia. But the water will be cold, and the winter rainy. There might also be some places along the coast between LA & SF that are not too overdeveloped?

But some of those places outside of the high housing prices of Portland and Seattle, and the traffic, look like heaven on earth to me. Not too overcrowded, walks and runs along the beach -- all I need is the Golden or Labrador Retriever ;-). Stand at sunset and see if you can catch the "green flash".

If you are US East or South coast, then do check high water levels in hurricanes and Tropical Storms. Either rent, or do not buy below those high water marks. Because if a repetition occurs, you could then be in a position where you can never sell, or sell at a major loss. That's not nice if you need housing equity to pay for end-of-life care. And remember just how long a (female) spouse can live-- my mother had something like 4 aunts or great aunts over 100, and mid 90s is not unusual for a middle class person who has been lucky and has looked after themselves.

And I would not buy in Miami or thereabouts. Miami sits on water permeable rock, and seawater penetration into infrastructure cannot be prevented. It's going to look like Venice someday, and not so very far in the future.
Last edited by Valuethinker on Tue Jan 23, 2018 1:17 pm, edited 1 time in total.

likegarden
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Re: Which tropical Island to Retire to ?

Post by likegarden » Tue Jan 23, 2018 1:15 pm

As some also mentioned, on your tropical island remember that you will be soon 70, 75, 80, etc. and you might be limping and the heat might become too much. Think about that you soon might need true medical specialists, a hospital, etc.

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Re: Which tropical Island to Retire to ?

Post by cadreamer2015 » Tue Jan 23, 2018 1:18 pm

It's not an island but we are very happy here in North County San Diego. We moved from New Jersey, another HCOL area, so no real surprises on the cost of living. So far medical care seems very good.
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Diogenes
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Re: Which tropical Island to Retire to ?

Post by Diogenes » Tue Jan 23, 2018 1:29 pm

Depends on your priorities.
Being from CA, I would never think of retiring anywhere there. Taxes, taxes, and only going to get worse. I have chosen to maintain a presence in a zero income tax state, while living most of the time overseas. Gives one time to figure it out.
Rent where ever you go first. Islands, including very developed places like Hawaii have their drawbacks. After living in Hawaii for 5 years, I wouldn’t retire there either. The world is a big place, something for everyone.
If you do head overseas, just keep a good medevac policy. I recommend MedJetAssist, and have retained them for years.

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cinghiale
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Re: Which tropical Island to Retire to ?

Post by cinghiale » Tue Jan 23, 2018 1:36 pm

Valuethinker wrote:
By American standards, I find the Mediterranean coasts overdeveloped. Suburbs-by-the-sea. France & Spain the worst. Italy. Greece is better, perhaps Yugoslavia. Beware the issue of refugees landing, and of future conflicts (Greece Turkey, mostly).

Portugal better still, but that's the Atlantic coast, and with no Gulf Stream (read: cold water).

I don't know how healthcare works for a retiring non EU citizen. We shall shortly find out when Britain Brexits. But how would it work for an American?

Don't underestimate the challenges of navigating a healthcare system, as well as home care when needed, in a foreign language and culture.
I wrote hoping that Valuethinker would chime in.

Points taken. But not all the Mediterranean coast is overdeveloped. The British expats tend to cluster, and there are many desirable locations outside the British pensioner zones. My strongest disagreement is with the contention that Italy or Greece would be better. Unless one has a penchant for chaos, corruption, the very real problems of ongoing migrant landings on their shores, I would avoid those two options. Yes, a non-EU type would need to self-insure, though that isn’t as difficult as some would make it to be. And grappling with a foreign language? To some degree, yes, though an impressive number of health care providers in both Portugal and Spain have trained in the UK, USA, or Canada. And, frankly, Spanish shares many thousands of cognate words with English. Croatian, Serbian, or Slovenian? Not so much...
Last edited by cinghiale on Tue Jan 23, 2018 2:12 pm, edited 1 time in total.
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runner3081
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Re: Which tropical Island to Retire to ?

Post by runner3081 » Tue Jan 23, 2018 2:10 pm

Valuethinker wrote:
Tue Jan 23, 2018 1:15 pm
sixtyforty wrote:
Tue Jan 23, 2018 9:51 am
Anyone here retired or thinking of retiring to a tropical island/Beach community etc ? How do you like it ? What is healthcare like ?
My choice would be US West Coast, north of San Francisco to British Columbia. But the water will be cold, and the winter rainy. There might also be some places along the coast between LA & SF that are not too overdeveloped?
Ocean Shores, WA and Long Beach, WA are two pretty inexpensive coastal cities.

We are thinking that many years from now, when retired we may buy a condo near the beach there for the summer and a small condo in AZ for the winter.

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Re: Which tropical Island to Retire to ?

Post by JBTX » Tue Jan 23, 2018 2:45 pm

bloom2708 wrote:
Tue Jan 23, 2018 1:13 pm
I am going to buy some ocean front property in Arizona. I hope I get the last chunk of waterfront property when the day comes. :wink:
In before the global warming thread lock!!

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Re: Which tropical Island to Retire to ?

Post by JBTX » Tue Jan 23, 2018 2:48 pm

livesoft wrote:
Tue Jan 23, 2018 9:56 am
Galveston Island? Mustang Island? South Padre Island?

I imagine that health care on Galveston Island is outstanding.
Having grown up in Florida and now living in TX to me most TX beaches seem like dumps, comparatively.

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Re: Which tropical Island to Retire to ?

Post by livesoft » Tue Jan 23, 2018 3:10 pm

^I won't argue with the beach differences except to say that Texas beaches have the best sand for sand castle building. It is siltier and has just the right amount of oil and tar glue to allow very tall castles without any extra work. You can't build the same architecturally inspired castles with Florida nor Hawaii sand.
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Alexa9
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Re: Which tropical Island to Retire to ?

Post by Alexa9 » Tue Jan 23, 2018 3:18 pm

After the last hurricane season, I'd recommend Arizona/Texas for warm weather, golf, hiking, lower cost of living. Sedona, Flagstaff, San Antonio, Austin. Sarasota or SC are good choices too though. I like Puerto Rico but they are going through a tough time right now.

Isabelle77
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Re: Which tropical Island to Retire to ?

Post by Isabelle77 » Tue Jan 23, 2018 3:22 pm

My parents live on an island near Charleston, SC. While the one they live on is pricey, there are lots of islands off of the Carolinas that are not super expensive or populated. Check out the Outer Banks, Edisto, Ocracoke in NC, or Fripp.

Personally, I like the Outer Banks more than the SC islands because they tend to be less touristy.

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Re: Which tropical Island to Retire to ?

Post by goblue100 » Tue Jan 23, 2018 3:22 pm

JBTX wrote:
Tue Jan 23, 2018 2:48 pm

Having grown up in Florida and now living in TX to me most TX beaches seem like dumps, comparatively.
I agree with this statement from Corpus Christie north and east. South Padre is ok, no? I haven't been there is 15 years, but last time I was there I thought it was ok.
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ResearchMed
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Re: Which tropical Island to Retire to ?

Post by ResearchMed » Tue Jan 23, 2018 3:24 pm

Diogenes wrote:
Tue Jan 23, 2018 1:29 pm
Depends on your priorities.
Being from CA, I would never think of retiring anywhere there. Taxes, taxes, and only going to get worse. I have chosen to maintain a presence in a zero income tax state, while living most of the time overseas. Gives one time to figure it out.
Rent where ever you go first. Islands, including very developed places like Hawaii have their drawbacks. After living in Hawaii for 5 years, I wouldn’t retire there either. The world is a big place, something for everyone.
If you do head overseas, just keep a good medevac policy. I recommend MedJetAssist, and have retained them for years.
How does MedJetAssist work if one is retired overseas (meaning, no longer a USA resident)?

Also, at least for USA-based policies, after age 75, they require modest medical underwriting, so it's not a sure thing anymore.

RM
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Re: Which tropical Island to Retire to ?

Post by The Wizard » Tue Jan 23, 2018 3:25 pm

bloom2708 wrote:
Tue Jan 23, 2018 1:13 pm
I am going to buy some ocean front property in Arizona. I hope I get the last chunk of waterfront property when the day comes. :wink:
Puerto Penasco, yes...
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bloom2708
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Re: Which tropical Island to Retire to ?

Post by bloom2708 » Tue Jan 23, 2018 3:30 pm

The Wizard wrote:
Tue Jan 23, 2018 3:25 pm
bloom2708 wrote:
Tue Jan 23, 2018 1:13 pm
I am going to buy some ocean front property in Arizona. I hope I get the last chunk of waterfront property when the day comes. :wink:
Puerto Penasco, yes...
Good call. We have not made the drive from Phoenix, but it is on our list of "must dos" in the next year.
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renue74
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Re: Which tropical Island to Retire to ?

Post by renue74 » Tue Jan 23, 2018 3:40 pm

What do you want to do on this island? Fish, drink rum, find lobsters, explore/hike? Find what your interests are and that will narrow your search.

Why must one retire to an island. Our plans are to downsize into a smaller home and travel to places we like and use a central location as a home base for 60-90 days a few times per year.

If you want to drink margaritas in Mexico, find a coastal city and rent a condo for long term. Get tired of margaritas....go somewhere else.

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Re: Which tropical Island to Retire to ?

Post by dsmclone » Tue Jan 23, 2018 3:47 pm

Just got back from Isla Mujeres and it seems like it would be a nice choice. $40 worth of groceries (Liquor) would have cost me over $100 in the states. $40 top of the line seafood meal would have cost me $200 in the states. Talked to a couple retires and they were saying that electricity was expensive but their property taxes were $200/year. I don't know that I'd want to buy right away or ever but a few months a year sure sounds good.

HIinvestor
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Re: Which tropical Island to Retire to ?

Post by HIinvestor » Tue Jan 23, 2018 4:00 pm

I agree that renting for a long time (a year or more is good) before you seriously think about buying is always a good idea. I’d want to be fluent in whatever language I’d spoken and not feel I need bodyguards or live in a walled compound. I’d also want to be conveniently near major airports.

sixtyforty
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Re: Which tropical Island to Retire to ?

Post by sixtyforty » Tue Jan 23, 2018 5:16 pm

cinghiale wrote:
Tue Jan 23, 2018 1:02 pm
Do peninsulas count?

Picking up on what RadAudit wrote, I would look at Iberia: Portugal and Spain. European infrastructure, amenities, and health care. The climate of the French Riviera, with an abundance of blue flag beaches (clean water, well maintained). Abundant fresh produce and fruit. Mediterranean seafood. And the wine... don’t get me started on the wine.

My perspective is not theory only. I live here.
Yes, peninsulas count :) Sounds great.
"Simplicity is the ultimate sophistication" - Leonardo Da Vinci

sixtyforty
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Re: Which tropical Island to Retire to ?

Post by sixtyforty » Tue Jan 23, 2018 5:19 pm

A friend of ours is moving to Bonair. She said as soon as her residency is accepted she gets her residency card and her health-care is free. Never been there but the island looks pretty nice.
"Simplicity is the ultimate sophistication" - Leonardo Da Vinci

sixtyforty
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Re: Which tropical Island to Retire to ?

Post by sixtyforty » Tue Jan 23, 2018 5:20 pm

RadAudit wrote:
Tue Jan 23, 2018 11:44 am
Choose carefully.

Just returned from a Caribbean cruise. You may wish to think long and hard about all the disadvantages of being the richest guy in town. I'd suggest someplace with a large ex-pat community of US citizens, decent medical care, and easy access to an airport with international flights.
Agree. Such as ?
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sixtyforty
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Re: Which tropical Island to Retire to ?

Post by sixtyforty » Tue Jan 23, 2018 5:33 pm

renue74 wrote:
Tue Jan 23, 2018 3:40 pm
What do you want to do on this island? Fish, drink rum, find lobsters, explore/hike? Find what your interests are and that will narrow your search.

Why must one retire to an island. Our plans are to downsize into a smaller home and travel to places we like and use a central location as a home base for 60-90 days a few times per year.

If you want to drink margaritas in Mexico, find a coastal city and rent a condo for long term. Get tired of margaritas....go somewhere else.
Actually, it's the same thought I had. It would be neat to hear from people that are actually doing this. What works and what doesn't etc.
"Simplicity is the ultimate sophistication" - Leonardo Da Vinci

3feetpete
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Re: Which tropical Island to Retire to ?

Post by 3feetpete » Tue Jan 23, 2018 5:41 pm

If we are talking the Carribean I would want to be south of the hurricane zone which means Aruba, Bonaire or Curaçao

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Lancelot
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Re: Which tropical Island to Retire to ?

Post by Lancelot » Tue Jan 23, 2018 6:35 pm

lthenderson wrote:
Tue Jan 23, 2018 10:07 am
I know several mostly military vets that have retired to the Philippines. The reasons they cite is because there is an excellent VA hospital there for their healthcare needs and with their meager pensions, they can live a relatively extravagant lifestyle there complete with servants. But they almost always say they miss family and the simplicity of getting things done back home in America.
Where is this excellent VA hospital? There is a VA clinic at the US Embassy in Manila, but only for veterans with service conncted disabilities as I understand it :sharebeer
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renue74
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Re: Which tropical Island to Retire to ?

Post by renue74 » Tue Jan 23, 2018 6:45 pm

sixtyforty wrote:
Tue Jan 23, 2018 5:33 pm
renue74 wrote:
Tue Jan 23, 2018 3:40 pm
What do you want to do on this island? Fish, drink rum, find lobsters, explore/hike? Find what your interests are and that will narrow your search.

Why must one retire to an island. Our plans are to downsize into a smaller home and travel to places we like and use a central location as a home base for 60-90 days a few times per year.

If you want to drink margaritas in Mexico, find a coastal city and rent a condo for long term. Get tired of margaritas....go somewhere else.
Actually, it's the same thought I had. It would be neat to hear from people that are actually doing this. What works and what doesn't etc.
IDK. I'm 43. I'll tell you in 12 years how it goes. :D

2comma
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Re: Which tropical Island to Retire to ?

Post by 2comma » Tue Jan 23, 2018 7:56 pm

Almost no tropical islands mentioned. How about US Virgin Islands. Met a hospital inspector at the airport in St. Thomas and he said it evaluated very well. There are several flights per day back to the states from STT airport. St John is very nice and most of the island is a national park. Some people like St Croix. What I don't know for sure is if their any any residency issues or if you can use Medicare but a quick search says you can. Along the same lines other US territories like Guam, Northern Mariana Islands, American Samoa if you really want to get off the map.
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JBTX
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Re: Which tropical Island to Retire to ?

Post by JBTX » Tue Jan 23, 2018 9:15 pm

goblue100 wrote:
Tue Jan 23, 2018 3:22 pm
JBTX wrote:
Tue Jan 23, 2018 2:48 pm

Having grown up in Florida and now living in TX to me most TX beaches seem like dumps, comparatively.
I agree with this statement from Corpus Christie north and east. South Padre is ok, no? I haven't been there is 15 years, but last time I was there I thought it was ok.
I’ve actually never been there. I have a friend who owns a rental down there. I get the impression it is a little better.

I’ve been a couple of times to the beaches around corpus and Port Aransas. Really turned off by all the trash in the water and on the beach. In most of the places they park their trucks/suvs right on the beach. It was really just gross.

heyyou
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Re: Which tropical Island to Retire to ?

Post by heyyou » Tue Jan 23, 2018 10:21 pm

Here is a tropical coast, but not an island: the town of Puerto Armuelles, Panama. The country is south of the hurricane paths, and runs east and west with the continents connected to its NW and SE corners. The currency in circulation is US dollars, since the country only mints a dollar coin with Balboa's visage on it. In Panama City, Panama, there is a Johns Hopkins branch hospital, perhaps a medical tourism destination for some snowbirds.

All the links below are commercial, but still more honest than most of the other choices, since these advocate that you rent for a year before buying any real estate. The tour operator tells about a couple with a spouse who was too cold at their first location, so they moved, but the other spouse was too warm there, before finding their third area where both were comfortable. A US family with one child tried the high rise resort coast but their kid did not have anyone his age with which to play. They moved to a family neighborhood, where the kid thrived, quickly learning Spanish from his neighborhood companions while attending the local grade school where all classes are taught in the native Spanish.
http://visitpuertoarmuelles.com/real-estate/for-rent
http://www.livinginpanama.com/#sthash.B ... Wx8Nd.dpbs
https://panamarelocationtours.com/page/16
The cost of living is low, but electricity is expensive compared to US prices. While the local grown fruits and vegetables are fresh and plentiful, the local restaurants are focused on fried foods, just different ones than our burgers and fried potatoes.
Last edited by heyyou on Tue Jan 23, 2018 10:29 pm, edited 1 time in total.

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Hyperborea
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Re: Which tropical Island to Retire to ?

Post by Hyperborea » Tue Jan 23, 2018 10:26 pm

Valuethinker wrote:
Tue Jan 23, 2018 1:08 pm
Don't underestimate the challenges of navigating a healthcare system, as well as home care when needed, in a foreign language and culture. Let alone tax, law and order etc.
Portugal has an interesting tax regime to attract foreign retirees. They have a confusingly named non-habitual resident status that gives you 10 years of tax exemption on all income that was potentially taxed (but may not have been) in another country. Generally, that means that dividends and interest, pensions, etc. earned outside Portugal are not taxed. Because of the structure of international tax treaties capital gains would be taxable in Portugual. For Americans it means that they can keep their tax payments mostly in one system - the US. For non-Americans it means that they can live mostly tax free.

We're strongly considering Portugal as a base for at least a number of the early years of retirement. It will be nice on its own but it's also a good base to explore Europe from.

http://www.livinginportugal.com/en/movi ... residents/

https://www2.deloitte.com/pt/en/pages/t ... tuais.html
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lthenderson
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Re: Which tropical Island to Retire to ?

Post by lthenderson » Wed Jan 24, 2018 9:26 am

Lancelot wrote:
Tue Jan 23, 2018 6:35 pm
lthenderson wrote:
Tue Jan 23, 2018 10:07 am
I know several mostly military vets that have retired to the Philippines. The reasons they cite is because there is an excellent VA hospital there for their healthcare needs and with their meager pensions, they can live a relatively extravagant lifestyle there complete with servants. But they almost always say they miss family and the simplicity of getting things done back home in America.
Where is this excellent VA hospital? There is a VA clinic at the US Embassy in Manila, but only for veterans with service conncted disabilities as I understand it :sharebeer
It must be the VA clinic that they refer too since they always go to Manila to see the doctor. I am not a vet and have never been to the clinic/hospital so I can only relate what they have told me. I also don't know if you have to have a disability to be seen or not. The three vets that I am referring to all suffer ailments caused by being in the military so it is quite possible.

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Pete12
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Re: Which tropical Island to Retire to ?

Post by Pete12 » Wed Jan 24, 2018 9:34 am

We've had our eye on Del Boca Vista, FL for a while now- they are building phase III at the moment, would be nice to move into a new construction! I've heard though that there are some politics with the HOA board down there- will have to stay out of that...

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Re: Which tropical Island to Retire to ?

Post by renue74 » Wed Jan 24, 2018 9:59 am

Pete12 wrote:
Wed Jan 24, 2018 9:34 am
We've had our eye on Del Boca Vista, FL for a while now- they are building phase III at the moment, would be nice to move into a new construction! I've heard though that there are some politics with the HOA board down there- will have to stay out of that...
At least they celebrate Festivus.

statman
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Re: Which tropical Island to Retire to ?

Post by statman » Wed Jan 24, 2018 10:00 am

I miss references to cultural activities in the replies. Walking on the beach with drink in hand can get old. We chose Sarasota FL 15 years ago because it's the most cultured place in FL (opera, orchestra, ballet, lots of smaller musical groups, several live theater companies, lecture series, etc.). Lots of good restaurants, and more. And of course the beaches. But much more crowded in "the season" than 15 years ago, and housing is expensive (but lots of high-class options for houses and condos if you have the $$). In general, your chosen location should reflect your priorities.

metacritic
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Re: Which tropical Island to Retire to ?

Post by metacritic » Wed Jan 24, 2018 10:03 am

Valuethinker wrote:
Tue Jan 23, 2018 1:08 pm
cinghiale wrote:
Tue Jan 23, 2018 1:02 pm

My idea of hell is those places on the south coast of Spain where the Brits live in little monolingual communities, trying to recreate Olde Englande in the sun-- pubs with English beer, croquet and lawn bowling, etc.
I have found my kindred spirit! I am far from retirement but fantasize about a second wind in Hawaii or Bali. But you find aspects of the above there, too, in American guise.

bloom2708
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Re: Which tropical Island to Retire to ?

Post by bloom2708 » Wed Jan 24, 2018 10:10 am

renue74 wrote:
Wed Jan 24, 2018 9:59 am
Pete12 wrote:
Wed Jan 24, 2018 9:34 am
We've had our eye on Del Boca Vista, FL for a while now- they are building phase III at the moment, would be nice to move into a new construction! I've heard though that there are some politics with the HOA board down there- will have to stay out of that...
At least they celebrate Festivus.
The "Airing of Grievances" is a delight. "Feats of Strength" competitions are not as much fun as I get older.

Good old Seinfeld.
Where to spend your time: | 1. You completely control <--spend your time here! | 2. You partially control <--spend your time here! | 3. You have no control <--spend no time here!

MrNewEngland
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Re: Which tropical Island to Retire to ?

Post by MrNewEngland » Wed Jan 24, 2018 10:35 am

statman wrote:
Wed Jan 24, 2018 10:00 am
I miss references to cultural activities in the replies. Walking on the beach with drink in hand can get old. We chose Sarasota FL 15 years ago because it's the most cultured place in FL (opera, orchestra, ballet, lots of smaller musical groups, several live theater companies, lecture series, etc.). Lots of good restaurants, and more. And of course the beaches. But much more crowded in "the season" than 15 years ago, and housing is expensive (but lots of high-class options for houses and condos if you have the $$). In general, your chosen location should reflect your priorities.
Plus Tampa is just a short ride from you in Sarasota. Lots to do there: baseball, Ybor City, fishing, etc.

bubbadog
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Re: Which tropical Island to Retire to ?

Post by bubbadog » Wed Jan 24, 2018 11:15 am

Pete12 wrote:
Wed Jan 24, 2018 9:34 am
We've had our eye on Del Boca Vista, FL for a while now- they are building phase III at the moment, would be nice to move into a new construction! I've heard though that there are some politics with the HOA board down there- will have to stay out of that...
I suggest you run for condo board president and act like a big shot while strolling around the community.

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Jazztonight
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Re: Which tropical Island to Retire to ?

Post by Jazztonight » Wed Jan 24, 2018 11:35 am

I had a mentor once who taught me that "Life if full of little compromises." That is so true, particularly in one's retirement years.

Life for us humans is very much about "community." Where one lives out the final decades is not just about the climate and health care options.

I'm fortunate. DW and I can afford to live in a place that provides what I consider an ideal climate (not tropical; more Mediterranean), access to two airports, and the social communities that make our lives worthwhile. It's HCOL, but fortunately, we can afford it.

We just returned from two weeks in Mexico, staying in beach towns close to Puerto Vallarta. Good weather in the winter, beaches, nice restaurants, an airport, shopping, etc. It was a wonderful vacation and escape. I have a friend who moved with his wife to what basically amounts to a gated community on a golf course in Neuvo Vallarta. If he's happy, I'm happy.

But while I'm glad to visit, stay in a rental condo for a couple of weeks, and walk on the beach each morning for an hour, I would not be happy living there. Frankly, I got bored by the end of week two. Every day I met Canadians (many from Calgary and Saskatchewan) and some Americans (many from Minnesota or the Dakotas) who own a condo on the beach. Hey, I understand that they're escaping freezing weather! It seems they spend as many months as they can per year sitting at the pool sunbathing and drinking beer. If that is what someone thinks of as a great retirement, okay.

But it's not for me.
"What does not destroy me, makes me stronger." Nietzsche

Diogenes
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Re: Which tropical Island to Retire to ?

Post by Diogenes » Wed Jan 24, 2018 11:51 am

ResearchMed wrote:
Tue Jan 23, 2018 3:24 pm
Diogenes wrote:
Tue Jan 23, 2018 1:29 pm
Depends on your priorities.
Being from CA, I would never think of retiring anywhere there. Taxes, taxes, and only going to get worse. I have chosen to maintain a presence in a zero income tax state, while living most of the time overseas. Gives one time to figure it out.
Rent where ever you go first. Islands, including very developed places like Hawaii have their drawbacks. After living in Hawaii for 5 years, I wouldn’t retire there either. The world is a big place, something for everyone.
If you do head overseas, just keep a good medevac policy. I recommend MedJetAssist, and have retained them for years.
How does MedJetAssist work if one is retired overseas (meaning, no longer a USA resident)?

Also, at least for USA-based policies, after age 75, they require modest medical underwriting, so it's not a sure thing anymore.

RM
I'm a long way from 75, but have a Medjet Expat365 policy as I'm not a resident of the States much. That policy covers you for the whole year, just sign up before you leave the first time, or on a visit to the States.
I do maintain a U.S. address (TravelingMailbox is great), and still have a house in a no tax state. I've had no issues. I haven't actually had a claim, but by all accounts, they are the gold standard. Also useful in the U.S. by the way.
Florida wouldn't be interesting at all, but each to their own...

quantAndHold
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Re: Which tropical Island to Retire to ?

Post by quantAndHold » Wed Jan 24, 2018 11:52 am

Coastal San Diego. Mediterranean climate. Out of the hurricane belt. Healthcare is fine. Plenty of things to do. HCOL, though.

People who want the same Mediterranean climate in a lower cost package live in Northern Baja.

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