International Living Community

Ooops, sorry...I was watching the broadcast and posted my question right about the time that it cut out, so I didn't realize my question had been answered...sort of.

How does one invest in overseas markets? Retiring abroad is a dream of mine. However, I wasn't able to seriously consider the possibilities until my 50s due to life getting in the way, so I got a late start on saving up. The Golden Visa program in so many countries really appeals to me. The problem is that every country I'm remotely interested in and researched seems to want potential retirees to invest minimum $300-500K in their economies through real estate, the arts, or business, with some also allowing investments in their stock markets. By the time I retire, I'll have the necessary minimums or more. I don't have that kind of free capital just sitting around, but I have a great job and make a great salary, so I have a certain amount of free capital that I can invest on a month to month basis in order to build what I'll need by then. Plus, I'll make a very tidy profit when I finally sell the house I'm currently living in. The problem is that all of these countries also require a local bank account in order for one to invest in their markets. I feel like this should be a simple problem to solve, but can't get one of those without a local address, which I won't have until I purchase property and/or move there. So how do I make this happen?

Most countries I've checked out require some sort of investment in order to reside there. A major real estate or infrastructure investment is not feasible for me at this point because I'm looking at another 10 years or so before retirement and the minimum range I've seen for these investments is $300-500K. I know very few people who have that kind of free cash just sitting around. However, stocks or similar invesments is something that I am able to do, especially when I have a decade to build up to that amount. The problem I'm running into is that investing in another country's stock market seems to require a bank or brokerage account in that country, which is apparently impossible to get without a local address. So, how do I do this?