Colombia
An expat in Cartago, Colombia has found a little bit of heaven living in Colombia. He appreciates the much lower cost of living and admits he lives like a king in Colombia for $2,000 a month. He advises others moving to Colombia to bring only the necessities and buy furniture there.
Cartago
Miss my friends, some of my regular TV programming and my boat. I should have left my old furniture, sell your stuff before moving to Colombia. They have nice stuff to buy at good prices.
Rent first. Get to know the area you are moving to first. Bring only the money you need while here. The money is taxable in the US but not in Solombia if pension of Social Security. Colombia is a heaven!
I have a US $70,000 home I found and fell in love with. This home in the Gig harbor area in WA will cost $600,000. Some expats buy homes in more expensive areas out of town for US $120,000 with swimming pools and entertainment areas.
I visit the area many times and was in love with the Cerritos, Cartage and Quindio area. This area is safer than the USA.
One dollar in the area will buy the equivalent of $9 dollars in the USA. I have a car if I want to drive, however at less than US$1 for a taxi ride in town, I prefer for them to pick me up. You can live in Colombia on US $2000 with a maid cleaning, cooking. I travel to the coast for six days for US $500. I live like a king.
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I'm not sure what the writer means by... "The money is taxable in the US but not in Solombia if pension of Social Security. Colombia is a heaven!" Any U.S. income to include Social Security and pensions are taxable under Colombian law once you live in the country for more than 180 days in a calendar year. Make sure you consult a tax expert in Colombia and U.S. before you pull the trigger on moving to Colombia because your assets in the U.S. (house, cars, stocks and bonds) are subject to Colombian tax once you pass the 180 day (6 mo) mark.
Expatriate Health Insurance
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