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8 months ago

Pro/Cons of Residency and Caja

8 months ago
Hola!
So I have discovered that Outlier Legal who I used to start my residency process failed to turn in my background check before they went bankrupt a few months ago, I doubt I have any recourse and my new attorney has to start the application again meaning more expenses.

Now I am reconsidering the entire residency process and am considering just doing 90-day border runs. So my question is what is the pros/cons of doing that?

I am 62 so I have qualified for private health insurance here since I am not on the caja. I know that caja costs have risen for expats particularly for rentistas. My house purchase here qualifies me for the investors visa.

I have heard mixed opinions on the public healthcare system from several longtime expats, some have had great experiences others not so great.

So bottom line I need to see what makes the most sense for my situation and my wallet. I have not taken Social Security yet and am trying to hold out until I can get the maximum at 67, but in the interim will be living off my small nest egg until that time comes and therefore need to budget.

I am in relatively good health, but am a type 2 diabetic so have several relatively expensive prescriptions the most expensive being the continuous glucose meter I have to change every 10 days, it’s tough to get covered even on private insurance in the US, so I highly doubt the Caja will cover that.

Which brings me back to the original question, what benefit is there to get residency and buy into the Caja?

Any thoughts are greatly appreciated! Thank you in advance.

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