Abroad Retirees Living Local Government Tax Eslpod Retiring

In the past, many Americans "dreamed of" (thought about and hoped for) traveling abroad in their retirement. But "nowadays" (these days; in modern times), many "retirees" (people who have retired) are living overseas, where they can still receive Social Security "benefits" (payments). And many of those retirees are "supplementing" (adding to) their retirement "income" (money received) by using the Internet to work part-time online.

As with anyone who travels abroad, retirees need to consider the weather and the cost of living, but they also have additional concerns. For example, because they want to stay in the country for a longer period of time, they might need to apply for a residency visa rather than just a tourist visa, especially if they want to work in the country. And learning the local language can be a "barrier" (difficulty).

Older retirees also have a lot of concerns about healthcare. As their bodies become more "frail" (weak and fragile), they need to make sure they'll have access to "specialists" (doctors who practice a particular type of medicine) and treatments, and that the expenses will be covered by the local government or by an insurance policy.

Finally, people who want to retire abroad need to learn about the "tax system" (rules about how much money has to be paid to the government). The United States government might tax income received while living overseas. And the local government might tax Social Security benefits and other "retirement distributions" (amounts paid out of retirement accounts). These tax "considerations" (things to think about) can have important "implications" (meanings) for retirees living on a fixed income.