What’s the Best Way to Transfer Dollars to a Portuguese Bank Account?

What’s the Best Way to Transfer Dollars to a Portuguese Bank Account?

By |
February 29, 2024

Laura H. Says: We are purchasing a home in Portugal and need to transfer $200,000 to our bank there. What is the best way, economically, to do this transfer?   Personal Finance Expert Jeff Opdyke Says: Hi Laura, Great question! I actually move money back and forth between Europe and the US regularly since I’m a Read more...: What’s the Best Way to Transfer Dollars to a Portuguese Bank Account?

Should you Tip in European Restaurants?

Should you Tip in European Restaurants?

By |
February 29, 2024

Jim S. Says: I suppose tipping in the United States might seem weird and complicated to foreign visitors.  Well, unfortunately, it’s the same for Americans traveling abroad. There is a fine line between expressing appreciation with money and being an offensive American.  Can you shed light on this very confusing subject with regards to Europe? Read more...: Should you Tip in European Restaurants?

What are the Monthly Payments for Healthcare in Ireland?

What are the Monthly Payments for Healthcare in Ireland?

By |
February 29, 2024

Mark I. Says: What are the estimated monthly payments for healthcare in Ireland?   IL Lifestyle Editor Sean Keenan Says: Hi Mark,  All persons who are considered “normally resident” in Ireland are entitled to receive healthcare through the public healthcare system, which does not have any monthly costs. However, the public system often involves long waiting Read more...: What are the Monthly Payments for Healthcare in Ireland?

What are the Monthly Payments for Healthcare in Costa Rica?

What are the Monthly Payments for Healthcare in Costa Rica?

By |
February 29, 2024

Mark I. Says: What are the estimated monthly payments for healthcare in Costa Rica?   IL Costa Rica Correspondent Bekah Bottone Says: Hi Mark, If you are a legal resident you will be required to join the national healthcare system, Caja. That cost typically runs 7% to 11% of your stated income on your residency application. Read more...: What are the Monthly Payments for Healthcare in Costa Rica?

Can I Stay in Europe Longer Than 90 Days if I Set Up a Corporation?

Can I Stay in Europe Longer Than 90 Days if I Set Up a Corporation?

By |
February 28, 2024

Geoff J Says: Could creating a corporation, in Montenegro or some such locale, serve as a workaround to allow me to stay in the EU longer than 90 days without having to do the “Schengen Hop” or obtain a European passport? Global Diversification Expert Ted Baumann Says: Hi Geoff, Most European countries offer long-term residency Read more...: Can I Stay in Europe Longer Than 90 Days if I Set Up a Corporation?

How Much Money Do I Need a Month to Live in Costa Rica?

How Much Money Do I Need a Month to Live in Costa Rica?

By |
February 27, 2024

Roger W. Says:  I am single with no dependents and want to know how much I would need to live in Costa Rica. I am 78 so would have to have decent health coverage.   Costa Rica Expat John Michael Arthur Says: Hola Roger! This is a great question, but one that is always subject Read more...: How Much Money Do I Need a Month to Live in Costa Rica?

How Can I Bring my Dog to Portugal—Without Putting Him in the Cargo Hold?

How Can I Bring my Dog to Portugal—Without Putting Him in the Cargo Hold?

By |
February 26, 2024

Jon C. Says: Would love to make the move to Portugal. My challenge is that I have an 80 lb. dog and I would never let him fly in cargo. Any advice? IL Contributor Terry Coles Writes: Although Portugal accepts pets in-cabin, as checked luggage, and in cargo, that does not mean that all airlines Read more...: How Can I Bring my Dog to Portugal—Without Putting Him in the Cargo Hold?

How do I Convert my Social Security into Local Currency Overseas?

How do I Convert my Social Security into Local Currency Overseas?

By |
February 23, 2024

Al M. Says: If I move overseas to a country that uses a different currency but my Social Security is paid in dollars, what’s the best way to convert it? Social Security Expert Steve Garfink Says: Hi Al, The good news is that in this day and age converting your money is more efficient and Read more...: How do I Convert my Social Security into Local Currency Overseas?

What’s Life Like in the Dominican Republic?

What’s Life Like in the Dominican Republic?

By |
February 23, 2024

Ron R. Says: What can you tell me about living in the Dominican Republic?   IL Executive Editor Jennifer Stevens Says: Hi Ron, The Dominican Republic is home to thousands of expats; attracted by the weather, scenery, and low cost of living. With 1,000 miles of coastline and some of the most beautiful beaches in Read more...: What’s Life Like in the Dominican Republic?