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Tuesday, February 14, 2006

Retiring in Goa

Goa, India
The Toronto Star has an excellent article, Retiring to one’s roots, about people who’ve retired to Goa, located on India’s West coast. In keeping with the title of the article, we’re first introduced to a couple of Indian decent who’ve moved there, even though they are Canadian citizens. But it quickly moves beyond seeing India as appealing to only people with ancestral roots there. Based on the article, Goa sounds like a wonderful place with “a fine climate, low cost of living, and cosmopolitan culture.”

The article also covers the practical matters of living there by covering health care, the currency exchange rate, and even owning your home in Goa.

Foreigners are free to buy real estate in India, but with limits: The law requires that any money invested here must stay in the country, and for the first year, buyers must be in residence for 181 days and file income tax.

If you’re looking for a place to retire to, you owe it to yourself to check this out. Click here to read the article.


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