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Sure, they'll consume all the services you offer, and especially health care, as the parent suggests. But, yes, you need to have a generous pension, as well as
by bmelton 9y ago
Sure, they'll consume all the services you offer, and especially health care, as the parent suggests. But, yes, you need to have a generous pension, as well as meet another number of requirements that vary from place to place.
In order to emigrate and retire in New Zealand[1], for example, you need to
a) be healthy
b) bring your own insurance
c) bring ~$350k in savings and $40k annual income with you
The UK imposes an "independent means[2]" requirement, to prevent retirees from being a drain on the economy, as does Australia, Canada[3], etc.
[1] - http://www.investopedia.com/articles/personal-finance/072115/what-does-it-cost-retire-new-zealand.asp http://www.investopedia.com/articles/personal-finance/072115...
[2] - http://www.dailymail.co.uk/news/article-1083052/Foreigners-60-banned-moving-UK-simply-retirement.html http://www.dailymail.co.uk/news/article-1083052/Foreigners-6...
[3] - http://www.livingabroadincanada.com/getting-started/retirement/ http://www.livingabroadincanada.com/getting-started/retireme...
- Rapzid 9y agoOr, in the case of New Zealand at least, already be a permanent resident :D
- deleted 9y ago[deleted]