Buying Real Estate Overseas For Cash Flow (And A Better Life)

2Cash Flow from Property Overseas Can Fund Your Dream Retirement

About 600,000 American retirees have their Social Security payments direct-deposited into foreign banks or receive their monthly checks at foreign addresses, and many thousands of retirees living overseas continue to have their Social Security payments deposited into U.S. bank accounts (because it's easier). In other words, there's no way to know for sure how many American retirees are retired beyond U.S. borders, but we can tell you one thing with certainty: the number is growing fast.

The current plight of the American retiree is well known. Baby Boomer retirees, having worked hard, invested in homes, raised families, and dreamed of the day it would all pay off, are right now facing the reality that things aren't playing out as they'd long hoped. Maybe their retirement account is worth less than what they expected it'd be worth at this point—if they have a retirement account at all. Nearly half of Americans 55 and older don't. Maybe their home is worth less than they were counting on, too, or, worse, they may owe more on their mortgage than the property could reasonably be expected to sell for. Maybe they, like almost 30% of Americans, have no emergency savings. Maybe, bottom line, their retirement resources aren't enough to fund the retirement they've been looking forward to or even to cover the bills.

If you're at or approaching this stage of life yourself, you understand the concerns, and you're likely worried, ...