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I have no money in a foreign bank, all my money is with a huge brokerage company in the US.

Since I am a retiree in Nicaragua, I have several benefits granted o me by the country, I get 20,000 of imported goods tax free, a car up to 25,000 tax free and in exchange I can not Work here and make an income, whitch would defeat retirement...

I have capital gain taxes from stock trading and I have to pay taxes on that but no longer make an income.

There are tax rules in the USA which allows people to GIFT money to family members tax free...we developed a method to do so to avoid taxes and allow money to get to us via the family network of looking out for the family.

Managing money isn’t just for the super rich...

Btw my property taxes or my house and property was 300.00 USD my dads farm and 8 acres was cheaper...he isn’t near the ocean as I am...

Yup, my sister is looking into Costa Rica. I'm looking into Panama. Nicaragua is on the list as well. I definitely like the no work thingie. I retired early almost two years ago but was called back last year. Hopefully I will be retired again come Xmas.

I'm not too sure I understand what you mean by “I get 20,000 of imported goods tax free...” Can you expound on that?

I get a nice annuity from my company and I have some savings. US taxes and my health care are deducted from my annuity income. I will be paying the USSA taxes no matter where I live but at the very least I won't be taxed twice in Nicaragua. I think the same holds true for Panama?

I like your property tax bill! What about water, AC (gots to have AC), cable/Internet, and any other expenses you may have? How is the health care where you live?