Re:Rich Retirees Are Hoarding Cash Out of Fear
by bmelton on Tuesday May 16, 2017 @08:52PM
(#14354718)
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.
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...
[2] - http://www.dailymail.co.uk/news/article-1083052/Foreigners-6...
[3] - http://www.livingabroadincanada.com/getting-started/retireme...