From International Financial Advisor Gary Scott’s Dec. 12 newsletter “Spotting Trends in Insurance Change”:
Change is taking place at an increasing pace. Spotting trends can help us live and invest better. One big change is that many people are changing residences. More and more people choose to live in countries other than where they were born and have lived.
With the current exodus out of USA and Canada, many new residents are coming to Latin America.
Often an important factor in determining whether a person can move abroad is finding good health insurance. Moving to Ecuador or Panama or wherever and leaving current health insurance behind is a difficult decision. Remember, Medicare does NOT cover you outside the USA. There is a solution!