So What does a $3,000 a month Nomadic Retirement lifestyle look like?

I’d been reading up on other countries and was pretty confident that $3k per month would allow us a decent standard of living in a lot of different places. But the residency visa appeared to be an issue.

We couldn’t get a resident visa anywhere just based on having a pile of cash in the bank and having $250k invested won’t generate the required $2k per month income needed to qualify to get a “pensionado” visa in Panama. Well, it would if the income was from rentals but we’d have to show that income stream for 2 years prior to moving, so that’d mean we’d be homeless in Oregon with $2k/month to live on unless we kept working. (Update – that was bad info; in order to qualify for the residency you need to have a guaranteed-for-life pension from the government or a major company)

That’s when we discovered the magic of affordable nomadic retirement. By being strategic about where we go and how we live, we realized we could explore the world for less than the cost of maintaining our house in the States. Think about it – no more property taxes, no more expensive lawn care!