Menu
Expat.com
Search
Magazine
Search

Ask the expert whether he prefers Ecuador or Colombia

AMDG

PR is having ongoing protests and seems to have extremely significant economic problems.....increased taxes, increased electric rates, etc.........

Nards Barley

Swami,

In light of the news that IESS premiums are going up, do you think that will move Colombia ahead of Ecuador in International Living's Global retirement Index?

https://www.cuencahighlife.com/expats-w … e-members/

AMDG

Balance the increase in IESS with Colombia's taxing world wide income......
The question of how IESS rates will be affected for those with other than pensionista visas will play into this also..

vsimple

IESS increasing cost deserves it's own thread.

cccmedia

Nards Barley wrote:

Swami....

IESS premiums are going up, do you think that will move Colombia ahead of Ecuador in International Living's Global retirement Index?


Unfortunately, Swami's crystal ball is in the shop for repairs and polishing.

I happen to agree that the IESS increases deserve a new thread.

Let's discuss it further over there.

cccmedia in Medellin

Nards Barley

cccmedia wrote:

Unfortunately, Swami's crystal ball is in the shop for repairs and polishing.

I happen to agree that the IESS increases deserve a new thread.

Let's discuss it further over there.

cccmedia in Medellin


No worries. AMDG gave me an outstanding answer.

mugtech

Nards Barley wrote:

Swami,

In light of the news that IESS premiums are going up, do you think that will move Colombia ahead of Ecuador in International Living's Global retirement Index?

https://www.cuencahighlife.com/expats-w … e-members/


Depends on where they have the most real estate for sale.  Gonna be harder to sell Ecuador if a $2,000/month SSA check gonna cost $352/ in health insurance.  I pay $110/month for Medicare parts A&B in the USA, which includes free diagnostic tests.

Nards Barley

I just found out that one if my insiders was sitting in the front row of that meeting. I plan to harvest some info from them tomorrow. It is going on this thread unless one of our experts has created a thread for it.

AMDG

Another aspect to consider is the forced use of dinero electronico.........
Imagine if they start this.......no end to what they can create out of air.........gee what could possibly go wrong with this??