[proud American in Canada]

I wonder where these people will come from. Who will have adequate retirement income to live in the U.S.? Especially with no government health care (and speaking as a person with first-hand experience with the Canadian system, I hope it stays that way in the U.S.).

People retire in Mexico because it costs little, comparatively, to live there. So who would have loads of disposable cash, willing to leave socialized health care?

I’m asking because I have my suspicions, but I’d like to know what others think.

[clee1]

Nail, meet hammer.....

This was my thought also.

The USA is too expensive for foreigners to retire here.

[wgflyer]

“So who would have loads of disposable cash, willing to leave socialized health care?”

One thought comes to mind...all the money that is about to be thrown around by international bailouts and other government spending to combat economic troubles brought on mostly by government, is going to wind up in the pockets of corrupt government officials and their cronies all over the world. There’ll be a lot of good times out there for a select few...and they’ll have the dough to live comfortably here, especially during a depression. But bear in mind that while we think things are expensive here, many europeans think it’s cheap. And if B.O. nationalizes health care, what worries will they have?

[islamama]

I know a few brits who would love to retire here in the states. They’ll have pensions and enough to buy homes.

The health care issue would need to be resolved.

[Ranjit]

I’m asking because I have my suspicions, but I’d like to know what others think

---

I am naturalized citizen and I can tell you that, it is already in place. People who can invest more than 500,000 dollars can get a green card. So, this is nothing new and there are not much takers for this green card program. Other than couple of wealthy Arab countries, people cannot afford these kind of visas. It is a waste of time and also so much for reducing bigger government and spending.

[PGR88]

Sounds like a scam - only poor immigrants will want to “retire” in the USA.

I see things working in exactly the other way. Increasing Gov’t take-over of US health care is going to encourage more medical tourism to cheaper countries with first-rate medical facilities for those who can pay (such as Thailand or India). Higher taxes, inflation, and any further taxes (not to mention nationalization!) of retirement assets will encourage any retirees with money to move someplace that will not penalize their assets.