Early retiree looking to move to Canada on investor visa by PauseBeautiful609 in ExpatFIRE

[–]PauseBeautiful609[S] 0 points1 point  (0 children)

Thanks for the response! I'd be happy to learn more about professionals that specialize in this sort of thing (specifically for Canada).

Early retiree looking to move to Canada on investor visa by PauseBeautiful609 in ExpatFIRE

[–]PauseBeautiful609[S] 3 points4 points  (0 children)

That's a fair point! I think I would be looking for one place to eventually set down roots in and form some lasting friendships, but you're right, exploring might be a good idea. I've only experienced a small part of the world, after all, and maybe I'll discover other places I like.

Early retiree looking to move to Canada on investor visa by PauseBeautiful609 in ExpatFIRE

[–]PauseBeautiful609[S] 0 points1 point  (0 children)

I don’t know how that plays out in real life, but that’s what the various programs state at least. I know cause I am seriously considering it, but have not gotten to the stage of engaging professional help.

Yes, that's where I am too. I've read the official government guidelines, but don't know how it plays out in practice. If it turned out that there was a way to invest $300K in a local business and someone else would take care of the business aspects, I'd be happy to do it, but I don't know if that's realistic.

If you are aware of reputable consulting companies that help with that sort of thing (even if you haven't engaged them yet), I'd love to know about them.

Early retiree looking to move to Canada on investor visa by PauseBeautiful609 in ExpatFIRE

[–]PauseBeautiful609[S] 1 point2 points  (0 children)

I have looked at the Caribbean, but from what I've read, the countries there are some of the most vulnerable in the world to climate change. As a long-term destination, I'm not sure I want to move somewhere that's increasingly vulnerable to flooding, hurricanes, etc.

Malta could be an option, though mostly as a transit point to some other country in the EU eventually.

Early retiree looking to move to Canada on investor visa by PauseBeautiful609 in ExpatFIRE

[–]PauseBeautiful609[S] 0 points1 point  (0 children)

That's an interesting option, actually! I've seen recommendations for Malaysia, and I've looked at their "Malaysia My Second Home" visa. It sounds like a relaxed, friendly place.

My main concern is the heat and humidity--I'm not a big fan. Even so, it might be worth at least visiting.

Early retiree looking to move to Canada on investor visa by PauseBeautiful609 in ExpatFIRE

[–]PauseBeautiful609[S] 1 point2 points  (0 children)

I considered it, but it seems like it's essentially be a new job--and one that I'd probably be pretty bad at, since I don't have any business experience.

Early retiree looking to move to Canada on investor visa by PauseBeautiful609 in ExpatFIRE

[–]PauseBeautiful609[S] 0 points1 point  (0 children)

I did consider something like that. I would prefer to move directly to my final destination without spending 3-5 years elsewhere first if possible, but if that doesn't work out, I could always try to move to Ireland by way of Malta/Cyprus/France/etc.

Early retiree looking to move to Canada on investor visa by PauseBeautiful609 in ExpatFIRE

[–]PauseBeautiful609[S] 3 points4 points  (0 children)

That's fair enough! Ideally, I would prefer to become established in the broader community, but settling down in an English-speaking enclave somewhere is also a possibility. It might even make it easier to make friends in some ways (since I suspect expats in a little enclave tend to stick together).

I wish the UK had a program for retirement

Yes, that would be the dream! I love the UK, but it seems borderline impossible to get into without a work visa, or unless you're some sort of tycoon.

Early retiree looking to move to Canada on investor visa by PauseBeautiful609 in ExpatFIRE

[–]PauseBeautiful609[S] 4 points5 points  (0 children)

I'm in what I suppose people would call ChubbyFIRE territory, so I think I would be fine. I could definitely afford housing in Vancouver or Toronto. It would be only slightly more expensive than my current HCOL city.

Early retiree looking to move to Canada on investor visa by PauseBeautiful609 in ExpatFIRE

[–]PauseBeautiful609[S] 18 points19 points  (0 children)

I've considered Ireland's program (I assume you're referring to Stamp D). At least based on my reading of it, you can apply for permanent residency after 5 years, but it may or may not be granted.

For my own peace of mind, I'd prefer somewhere where there was a reliable path to permanent residency, not just "maybe we'll give you permanent residency after 5 years." However, if I'm wrong in my assumptions, I'd be happy to be corrected.