retirement

Buying property abroad for retirement

San Juan, Puerto Rico

Due to its close ties to the United States, moving to Puerto Rico is an easy transition for Americans. It takes less than four hours to fly from New York to San Juan, a coastal city with colonial architecture, rich history and beautiful weather. Year-round trade winds keep the climate comfortably warm.

Oceanfront two-bedroom condominiums are available for less than $300,000, and a couple can live on $1,700 per month, according to Prescher. "Puerto Rico remains one of the cheaper options in the Caribbean," he adds.

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
CD & INVESTING NEWSLETTER

Learn the latest trends that will help grow your portfolio, plus tips on investing strategies. Delivered weekly.

Blog

Jennie Phipps

How super-sized should IRAs be?

A new report by the Government Accounting Office urges Congress and the IRS to crack down on over-sized IRAs.  ... Read more

advertisement
Partner Center
advertisement

Connect with us