It's an interesting statistic that came out today.....241,500 Germans live beyond the borders of Germany in retirement. Their pensions are sent monthly.....beyond Germany.
24,000 of them live in the US. Spain has roughly 21,000. And France has almost 18,000.
Why so many pensioners living beyond the border? You have a fair number of Germans who worked hard, but retired with a pension of 900 to 1200 Euro, and no secondary deal out there (like an IRA or special retirement account). To attempt to survive in Germany off the marginal pension? It's a problem.
So these people are carefully looking at the options, and trying squeeze out better living conditions for less money.
The country on the 'trend-line' right now? Bulgaria. Over the past year or two, if you look at what journalists hype.....the trend is growing there (not leaps and bounds, but obviously more than the top three or four countries).
Focus (the magazine) has a good article covering this, and I would recommend it as a reading item.
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