Living in Peru

[Lima Busy]

I have a girlfriend + maid. Both who live with me.

Sly
I have a wife and 20 year old twins who live with me so I probably rate my life as 8.5/10.

You need to add health insurance and ALCOHOL to that my friend! Unless you gave up the whiskey!
suerte,
LB

[Lima Busy]

I use Skype and live video feeds from there. No problem.

Suerte!

Polvo
Live video feeds? your watching Cholotube for chrissakes!

[Lima Busy]

I read recently that it is expected that 10% of “babyboomers” will retire overseas in the next 15 or so years. Within that figure (based on my observations) a large percentage will be single males.

In my own case (56/male/ER'd) it made sense financially to move to a city similar to NYC, but with better climate and much lower cost. I had not planned on getting married and having children again but sh*t happens!

In the USA (I planned my retirement,managed my portfolio) and otherwise spent an inordinate amount of time pondering my future. After my divorce/dot com bubble/etc. I changed my priorties and decided to forget about all that and “live life” every day and collect “experiences” instead of “dollars”.

In the back of my mind (having maxed out SSI) in my thirties (I stopped paying) and new that the benefit would be there for me at 59 1/2 (now 62). I also mistakenly assumed that if I died with a “young widow” she would collect “my benefit” for the rest of her life and my children under 21 (½ benefits).
This is a popular (urban legend) here in SA, that has benefited many an old codger!

The subject came up over coffee at a local cafe recently and I had to do further research!

Much to my “chagrin” I learned that my son can only collect until 18-19 and my wife is not entitled to my “benefits” until she is 60 (another 30 something years)! With a few exceptions.

GOTTA LOVE EXCEPTIONS!

I learned that my Son is entitled to ½ (my full) benefits when I turn 62 and my wife as a caregiver also will start collecting half (until son is 16). If I file and suspend (waiting till 70) to collect my full benefit, I will essentially be getting my (age 66 benefit) for 8 years (starting at 62) when it runs out (for wife & son), leaving me with a much higher benefit for future years as well as dramatically increasing my wife's survivor benefit.

ALL GOOD SO FAR!

The next problem is my wife will only be 40 (when I am 70) and it will be 20 years before she can get either a spouse or survivor benefit.

HMMMM!

GOTTA LOVE THOSE DAMN KIDS!

Yup, the answer is to have another child when my son approaches 16!

SO, WHATS LOVE GOT TO DO WITH IT???????

[Kuttappan]

Lol........

[Manizales911]

I read recently that it is expected that 10% of “babyboomers” will retire overseas in the next 15 or so years. Within that figure (based on my observations) a large percentage will be single males.

In my own case (56/male/ER'd) it made sense financially to move to a city similar to NYC, but with better climate and much lower cost. I had not planned on getting married and having children again but sh*t happens!

In the USA (I planned my retirement,managed my portfolio) and otherwise spent an inordinate amount of time pondering my future. After my divorce/dot com bubble/etc. I changed my priorties and decided to forget about all that and “live life” every day and collect “experiences” instead of “dollars”.

In the back of my mind (having maxed out SSI) in my thirties (I stopped paying) and new that the benefit would be there for me at 59 1/2 (now 62). I also mistakenly assumed that if I died with a “young widow” she would collect “my benefit” for the rest of her life and my children under 21 (½ benefits).

This is a popular (urban legend) here in SA, that has benefited many an old codger!

The subject came up over coffee at a local cafe recently and I had to do further research!

Much to my “chagrin” I learned that my son can only collect until 18-19 and my wife is not entitled to my “benefits” until she is 60 (another 30 something years)! With a few exceptions.

GOTTA LOVE EXCEPTIONS!

I learned that my Son is entitled to ½ (my full) benefits when I turn 62 and my wife as a caregiver also will start collecting half (until son is 16). If I file and suspend (waiting till 70) to collect my full benefit, I will essentially be getting my (age 66 benefit) for 8 years (starting at 62) when it runs out (for wife & son), leaving me with a much higher benefit for future years as well as dramatically increasing my wife's survivor benefit.

ALL GOOD SO FAR!

The next problem is my wife will only be 40 (when I am 70) and it will be 20 years before she can get either a spouse or survivor benefit.

HMMMM!

GOTTA LOVE THOSE DAMN KIDS!

Yup, the answer is to have another child when my son approaches 16!

SO, WHATS LOVE GOT TO DO WITH IT???????Busy, I am in a similar situation. I would like to know if you can tell me where you got the SSI info as it is a little confusing and I would like to read all I can before making some decisions.

Thanks

[Lima Busy]

Busy, I am in a similar situation. I would like to know if you can tell me where you got the SSI info as it is a little confusing and I would like to read all I can before making some decisions.

Thanks
The article was done "sort of tongue in cheek" and is not totally factual as the rules on spouses and children (especially adopted) can vary by situation. You can get all the necessary info here: http://www.socialsecurity.gov, If you want to PM me with specific questions feel free!

[Michael Tours]

Hi all!
anyone knowing how to buy a motorbike in Lima??? I am thiking about the paperworks and if its possible for a foreigner ,no residens in Peru?? how to do the registration? costs? assurance obligado and assurance to theft? well thankfull for all help and advices.

Soon back in Lima

Michael

[Member #4351]

I would think more than twice about riding a motorcycle in Peru.

[La Ley 14]

I would think more than twice about riding a motorcycle in Peru.I second that. From experiance there are some real idiots on Peruvian roads, both motorist and pedestrians, that have little or no respect for traffic rules or safety.

LL14

[Sly One]

I concur.

Are you crazy.?

I will not even drive a car.

Just to give you an idea?

The main rule seems to be give way to the biggest?

On a motor cycle I will bet you won't last a week in Lima.

Good luck,

Sly

[Polvo]

I would think more than twice about riding a motorcycle in Peru.
I wouldn't think even once! Not a chance, and I used to ride café racers in England.

Suerte!

Polvo

[Michael Tours]

Thanks to you all, maybe just have saved my life. well back to ticos y micros then. Will be in Lima for the summer, December to April, so was afraid to get bored , but with all this girls there I may not miss the bike anyway. Maybe see some of you there too. Thanks again

Michael.

[Globe Trotter]

Looking to get some info as soon as possible from the members living in Peru. I will be moving to Lima in October and would like to know if I would have a problem staying on a tourist or business visa for an extended period of time. I will be traveling all over South America on business and would like to use lima as my base. Likely I will be leaving the country at least 1-2 per month and then returning, will I get hasseled every time at immigration? If there is a better option I would love to know about it. Also can anyone recommend a good immigration attorney there?

Thank's guys

[Lima Busy]

Looking to get some info as soon as possible from the members living in Peru. I will be moving to Lima in October and would like to know if I would have a problem staying on a tourist or business visa for an extended period of time. I will be traveling all over South America on business and would like to use lima as my base. Likely I will be leaving the country at least 1-2 per month and then returning, will I get hasseled every time at immigration? If there is a better option I would love to know about it. Also can anyone recommend a good immigration attorney there?

Thank's guys
GT,
Many guys have lived in Lima on TV's for 10 years or more. If you are in and out every couple of weeks it should not be a problem. I believe if you have a business visa you will have more problems as you will have to get a letter from your accountant every time you leave the country (taxes are paid). It may be easier to have a TV and permission to sign contracts (only good for the length of your Visa). No need to use a lawyer unless you are opening a business here and want a investors visa. Most of the "tramites" you can do yourself if you are fluent.

Suerte,
LB

[Globe Trotter]

Thanks for the input Lima Busy, although I would prefer staying just on a TV I am opening a company here and will need a more formal type visa in order to obtain car loan, sign apartment lease and do business in general. The thought of having to ask for permission every time I will need to leave the country PISSES ME OFF! I have an appointment with a good lawyer and will see what he recommends... Thank you

[Lima Busy]

Thanks for the input Lima Busy, although I would prefer staying just on a TV I am opening a company here and will need a more formal type visa in order to obtain car loan, sign apartment lease and do business in general. The thought of having to ask for permission every time I will need to leave the country PISSES ME OFF! I have an appointment with a good lawyer and will see what he recommends... Thank you
The investors visa is no big deal (if you already have a lawyer), $25,000, a business plan and the creation of 5 jobs over two years or so. Once you have it, you have to hand in a form (at the airport) every time you leave (showing taxes paid). The major rub is 30% tax rate on worldwide income and no tax treaty with the USA (unless you are Canadian).

[Nycxmonger]

I have used www.innperu.com for renting apartments in Miraflores a number of times when coming down to Lima because they dont rip you off and the apartments are reasonible around the $225 or $250 p-w mark which suits my budget and just send them a email and the guy i deal with is a english guy called Mark and he is easy going.

[Rjsss212]

Todays WSJ retiring in Peru.

http://online.wsj.com/article/SB10001424127887323316804578161531876051430.html

[Crazy Jim Wood]

Hi,

I am have been researching naturalization in order to get a second passport in Peru. It seems that it is pretty straight forward, you can apply after 2 years of permanent residency. But, it is a little more hazy how one can get PR without marrying? I was looking at the rentista (pensioner) visa, which seems to just require proof of $1000 of passive income? It seems a little unspecific about what constitutes "proof. " But a rentista visa is a "non-working" visa? Would a rentista visa, student visa, etc all allow for a 2-year residency that would qualify one for citizenship? Does anyone here have actual experience with this, possibly know a local lawyer who can get it done? If the scuttlebutt I have seen is true then it sounds incredibly cheap, fast, and easy compared to other countries out there. Thanks!