Posted on Sep 28, 2010
A Growing Trend: Americans Living Abroad - CHICAGO, June 2, 2010 -- While it's easy to get frustrated with the economic climate in the U.S., some industrious individuals are finding a better way of life. A recent article in the New York Times marked the growing trend of Americans living and retiring abroad, detailing why they are doing it and how it's providing them with a luxury retirement for less.
Seeking a lower cost of living, a laid-back lifestyle and other like-minded retirees to enjoy it with, more Americans are retiring abroad to locations like Central America. A 2010 survey by International Living magazine found that 96% of respondents are more likely to move out of the United States now than they were in 2009.
CHICAGO, Sept. 13, 2010 -- Many American and British retirees are moving to countries with a lower cost of living. The U.S. State Department estimates about 4 million Americans currently live abroad, and a quarter of those expatriates are estimated to be retirees. A recent study conducted by Aon Consulting found that most Britons prefer to retire abroad. With nearly 150,000 Britons moving abroad last year, a survey by NatWest Bank found that seven out of the ten Britons who are living abroad are happy and plan on staying.