Have you been dreaming of retiring in Italy? As part of my research for the Italy chapter I wrote for the new book Retirement Without Borders, I conducted extensive interviews with American expats who retired there. Here’s a summary of the pros and cons of their retirement experiences —
PROS: · The savoring of life; la dolce vita is still alive and well in Italy.
· The sense of community and the noisy warmth of family life
· With 3,000 museums and 60% of the world’s art, Italy is culture heaven.
· Good, affordable health care.
· The mild Mediterranean weather.
CONS: · The dollar’s fall against the euro makes Italy expensive. (Although the dollar has been gaining strength again.)
· The wheels of bureaucracy turn excruciatingly slowly.
· Need to be in pretty good shape; Italy is not disabled- or wheelchair-friendly.
· Great Italian food, but little variety in ethnic dining.
· Corruption: Italy does not get high marks from Transparency.org
Purchase a copy of the book here. Paid newsletter subscribers can read excerpts from the book, here and here.