From Breitbart:
[h=2]The small city of Cuenca, Ecuador is struggling to address a growing wave of American “Baby Boomers” who have decided to retire there to take advantage of a socialist welfare state designed for its locals.[/h]
U.S. retirees, a recent city study revealed, are also causing conflict in the city, raising real estate prices, demanding English-language service, and threatening to sue locals accustomed to more “casual” business contracts.
In a report this week, the Miami Herald highlights the blissful existence of upper-class white American migrants who have flocked to Cuenca, attracted by retiree blogs and news sites that emphasize the appeal of its temperate weather and inexpensive healthcare and real estate.
“In Cuenca, a city of about 350,000 people, they’ve found robust public transportation, an extensive museum network, solid healthcare and markets bursting with fresh fruits and produce,” the Herald notes. “It’s a place where their two-bedroom, two-and-a-half bath apartment costs less than $400 a month. They’ve found that for about $1,500 a month, they can live a solidly upper-class lifestyle, dining out frequently and traveling.” The newspaper notes that a bus ride for seniors costs $0.12, and medical procedures are orders of magnitude cheaper than they would be at home.
The city commissioned a study on its foreign population in February 2017 that identified the majority of these new Cuencans as “‘baby boomers’ who began retiring in 2010 and… 4 percent of this population, estimated at 78 million, is planning to retire abroad.” North American countries – mostly the U.S. and Canada – make up 93 percent of Cuenca’s foreign population.
Cuenca’s “boomers” are more likely to have been professors before retirement than any other occupations, with “executives” coming in second place. The study delicately notes that many of these individuals “are not interested in being part of a new culture, and are more interested in that the city and its people respond to their needs and demands.”
Full article:
http://www.breitbart.com/national-s...r-threatening-stability-of-its-welfare-state/
[h=2]The small city of Cuenca, Ecuador is struggling to address a growing wave of American “Baby Boomers” who have decided to retire there to take advantage of a socialist welfare state designed for its locals.[/h]
U.S. retirees, a recent city study revealed, are also causing conflict in the city, raising real estate prices, demanding English-language service, and threatening to sue locals accustomed to more “casual” business contracts.
In a report this week, the Miami Herald highlights the blissful existence of upper-class white American migrants who have flocked to Cuenca, attracted by retiree blogs and news sites that emphasize the appeal of its temperate weather and inexpensive healthcare and real estate.
“In Cuenca, a city of about 350,000 people, they’ve found robust public transportation, an extensive museum network, solid healthcare and markets bursting with fresh fruits and produce,” the Herald notes. “It’s a place where their two-bedroom, two-and-a-half bath apartment costs less than $400 a month. They’ve found that for about $1,500 a month, they can live a solidly upper-class lifestyle, dining out frequently and traveling.” The newspaper notes that a bus ride for seniors costs $0.12, and medical procedures are orders of magnitude cheaper than they would be at home.
The city commissioned a study on its foreign population in February 2017 that identified the majority of these new Cuencans as “‘baby boomers’ who began retiring in 2010 and… 4 percent of this population, estimated at 78 million, is planning to retire abroad.” North American countries – mostly the U.S. and Canada – make up 93 percent of Cuenca’s foreign population.
Cuenca’s “boomers” are more likely to have been professors before retirement than any other occupations, with “executives” coming in second place. The study delicately notes that many of these individuals “are not interested in being part of a new culture, and are more interested in that the city and its people respond to their needs and demands.”
Full article:
http://www.breitbart.com/national-s...r-threatening-stability-of-its-welfare-state/
