Many Americans, particularly retirees, are increasingly choosing to relocate abroad, motivated by factors like sunshine and lower living costs. Companies facilitating international relocation report a surge in inquiries, especially post-election, suggesting a significant trend. Kathleen Peddicord of Live and Invest Overseas noted a 250% increase in web traffic, indicating serious considerations about residency and tax implications among potential movers. Retirees comprise 80% of LIOS's audience, demonstrating a strong interest in international living options as they seek more attractive retirement destinations.
"They're asking pretty serious questions about this country versus this country, and What would my residency options be, and what will my tax burdens be?"
"In the days following the election, web traffic was about 250% higher than normal, Peddicord says, and the sustained interest has helped fuel the greatest growth in our readership in our history."
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