Do you know anyone who has a second home in a foreign country? Maybe you do and they've been raving about it for years. They talk about it so much that you start to wonder whether or not you should buy one. There must be something magical about it, but do you know what it is? Why don't we take a deeper look and go over some of the best things about it. By the time you get to the end you might know if it's something you need to investigate in more detail.
You hate the winter
Lots of retirees buy a second home in a hot country because they hate the cold weather. Depending on where you live it can get pretty chilly once winter rolls around. You could just jump on an airplane and spend a few months in a country where it's nice and warm. Can you imagine what it's like to walk around at Christmas time with your shorts and t-shirt on?
They are cheap
If you look hard enough you can find an amazing deal in most developing countries. A nice home can be picked up at a fraction of the price you could buy one in your own country. If you have a little more money to spend it will go a long way. Picture the house you have now, but add on a few extra bedrooms, a huge garden, and a lovely big swimming pool.
Nothing beats a tropical lifestyle and if you enjoy spending your days lying down at the beach you won't be disappointed. When you are living abroad it just feels completely different and it's almost impossible to get bored of it. That doesn't mean you don't have a great life at the moment, but it feels too normal. Remember to pick the country that has the best vibe going on.
You might still be working so you can't go away for months at a time. You can just go on as much holidays as possible instead. If you choose a country that is close by you can be there within a few hours. When you have a few days off work you just need to jump on an airplane and spend your free time in your second home. Book your flights well in advance and it probably won't cost you much.
If you can find the right deal it might be a great investment. When you come to sell it in the future you will make a huge profit. Don't forget about the money you can make renting it out. If your home is in an area frequented by holidaymakers you could earn a nice amount of money. How much would you pay to rent a lovely tropical home for a few weeks?
A gift for your children
Your children will eventually grow up and if you have a holiday home they can visit it as much times as they want. They can even have the house to themselves if you aren't living there full-time. It will save them a lot of money because they will get to go on cheap holidays every single year. When you eventually pass away they will also take it off your hands.
You will forget what stress feels like when you're lying in the sun all day. No longer will you need to worry about anything. The sun has a magical ways of making us feel great. Because you will have more free time on your hands you're more likely to eat healthier food and you will exercise more, even if it's just because of all the walking around you'll be doing.
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