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Thread: The Ideal Retirement Haven You’ve Never Heard Of

  1. #21
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    Quote Originally Posted by kcowan View Post
    Cold and snow. When you get older, you develop an intolerance for discomfort. So summers at the cottage and winter down south.
    Yep. With time in the mountains as well.


  2. #22
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    Quote Originally Posted by Jon_Snow View Post
    In due time (when my wife joins me in retirement) we are likely to be 5 months in the Baja and the rest the of the year in the BC gulf islands. You really couldn't pick two more dissimilar environments - but I love them both for their respective differences.

    I find that cold and rain hold lessening appeal for me as well - even at my advanced age of 40.
    Interesting. This is what we like as well. Very different environments. So lake house in the summer, mountain house for skiing and mountain biking, Arizona house when it gets too cold, Toronto condo for urban experience. Change is fun.

  3. #23
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    Quote Originally Posted by Square Root View Post
    Interesting. This is what we like as well. Very different environments. So lake house in the summer, mountain house for skiing and mountain biking, Arizona house when it gets too cold, Toronto condo for urban experience. Change is fun.
    What a piker. My plan is to have 12 retirement residences - one for each month of the season. :|
    Mike Holman
    Money Smarts Blog Investing and Personal Finance

  4. #24
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    This is why we decided to buy a rather expensive but luxurious motorhome, just finished living waterfront on the fishing highway in BC, gradually moving to ocean front in Nova Scotia for a few months then on to our pre Christmas ocean front spot on Marathon Key before it gets too chilly...house on wheels has many advantages at times.

  5. #25
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    Thank you for the discussion on Cayman. I visited for the first time in the fall of 2011 and have booked again for this coming October for 2 weeks. Camana Bay is the most exciting development I have ever seen in the islands, even a hospital is planned all paid for by the developer. Nassau and Bermuda had been favorite destinations for me for many years but I now think this is just a great spot. I was there at the beginning of December and one evening we drove around the "really really rich" area and all the mansions had their holiday lights and decorations on display. It all tumbled back to earth for me when got back to the late Canadian fall weather but still nice Christmas lights here too!

  6. #26
    Senior Member indexxx's Avatar
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    Quote Originally Posted by brocko View Post
    Thank you for the discussion on Cayman. I visited for the first time in the fall of 2011 and have booked again for this coming October for 2 weeks. Camana Bay is the most exciting development I have ever seen in the islands, even a hospital is planned all paid for by the developer. Nassau and Bermuda had been favorite destinations for me for many years but I now think this is just a great spot. I was there at the beginning of December and one evening we drove around the "really really rich" area and all the mansions had their holiday lights and decorations on display. It all tumbled back to earth for me when got back to the late Canadian fall weather but still nice Christmas lights here too!
    If you can use any tips or info please do not hesitate to ask. Have fun!
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  7. #27
    Senior Member dubmac's Avatar
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    I met a litigation lawyer on the plane when we left Cayman - he has been living down there for the past 6-8 yrs. He said the Caymanian gov't was applying a new 10% income tax to residents, but was skeptical on how the authorities would ever have the means/method to collect/supervise/enforce the tax.

  8. #28
    Senior Member indexxx's Avatar
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    Quote Originally Posted by dubmac View Post
    I met a litigation lawyer on the plane when we left Cayman - he has been living down there for the past 6-8 yrs. He said the Caymanian gov't was applying a new 10% income tax to residents, but was skeptical on how the authorities would ever have the means/method to collect/supervise/enforce the tax.
    Really??? That's mind-blowing. The British Crown relieved Cayman of taxation in perpetuity. Not sure how that can be rescinded at the behest of the Cayman Leader of Government. It would need to come down from the Crown and mandated through the appointed Governor.
    "What good is money if you can't inspire terror in your fellow man?"- C.M. Burns

  9. #29
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    This tax I understand is applicable to non status residents only.


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