Twitter Share: Official Process and People Fear

twitter share: But many people fear retiring abroad because they believe four myths, according to The Independent. We'd like to explain the realities, and try to clear up those common myths of retiring abroad Myth No. 1 You Have to Give Up Your Citizenship Some people think that if you retire abroad, you must automatically relinquish your U.S. citizenship. Retirement The PBS website for grown-ups who want to keep growing Share to facebook Share to twitter Share to linkedin By Edd and Cynthia Staton, Next Avenue Contributors Getty Having retired abroad almost a decade ago, we can attest to the many benefits of retiring in another country, from lower living costs to better weather to less stress. Nothing could be further from the truth. There's an official process of first applying for permanent residency. Simply arriving in your new home country doesn't automatically make you a citizen there. (news.financializer.com). As reported in the news.