Hi there. I am looking for any advice I can get about this move. I have done a lot of reading about Bermuda, plan to head there within the month to visit Willing to listen to all advice, but biggest concern is cost of living.
I am married with 2 small kids and would only consider a 3-4 bedroom house/condo. It seems that alone will cost $10,000/month, $120,000 a year. So, in order to have a good lifestyle, send my kids to private school (hard for expats to get into the public school there), pay my monthly mortgage - it seems I need to be making at least $350,000 - true? (Yes, I know I can survive on less but I dont want to pack up this good life I have here to move to a place in a VERY small apt and have little money left for expenses and saving.....???)
Potential expat, Canada to Bermuda......
jaxson
13 July 2007 21:22:41
2
tropicalescape
14 July 2007 03:25:47
16
Greetings -
Have you lived overseas before? What will you be doing? Will you be able to financially live within the parameters you set out above? I live in the Caribbean (not Bermuda) but the British Virgin Islands so I might have some info that can help.
Mark
jaxson
16 July 2007 01:39:14
2
Never been overseas to live before. That is my biggest question - will I financially be able to afford it?
I have read on this site about a cost of living comparison - have seen some comments, but does anyone have an actual chart?
Thank you Mark for your response.
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