Seems like it’s a well known fact that being poor or even middle class (if that will even exist anymore) in the US disposes one to a very low quality of life (e.g., living in areas with higher crime rates, bad healthcare, the most obvious being cost of living, …etc)

On the flip side, what are some reasons why the top 1-5% percentile would also want to leave the US? (e.g., taxes/financial benefits, no longer aligning with the culture? I would assume mainly the former)

If you are in the top 1-5%, is living in the US still the best place to live? (as many people would like to suggest)

  • FloridaMan69ingurmom@alien.topBEnglish
    1·
    1 year ago

    I’m not upper middle class, medically retired from the military though. My money goes phenomenally farther outside the US. Why I picked South America. But other expats I have spoken too, that are wealthy, retired, very successful and prominent former engineers, real estate investors, etc. there was one thing they all said and that I’ve also come to personally notice.

    The quality of life outside the United States is far better and costs very little. I’m renting a one bedroom with a balcony in a new building in Buenos Aires in a affluent quiet part of the city, 25 minutes from down town for 400 USD. Fine wine and steaks every night, clean organic healthy food, very nice fancy gym 20 min walk away, eating out at nice restaurants a few times a week.

    I used to work in South Florida a lot for many years. The way I’m living now in Argentina had it been in Fort Lauderdale or Miami I’d need to make a minimum of 5-6k a month to live how I am now.

    Counting my rent, going to restaurants a few times a week, grocery hauls with plenty of ribeye steaks nice wine, gym membership, I maybe spend around 600-750 a month.

    Milei recently being elected doesn’t affect me and am not worried about it. People here are hardy and is not the first time they dealt with recession and an unstable economy.