Retirement guide for US citizens
International Retirement Migration (IRM) is a complex and increasingly significant trend in global migration, predominantly observed among individuals from wealthier countries. The history of retirement migration traces back to the early 20th century, initially within countries before gaining an international dimension in the post-war era. In the UK, retirees moved from industrial cities to coastal resorts during the 1920s and 1930s, a trend also observed in other European countries like France and Belgium. This pattern continued and expanded globally following the post-war tourism boom, notably with the advent of affordable holiday packages to Mediterranean destinations starting in the 1960s and 1970s. These developments planted the seeds for what would become a significant movement of Northern Europeans retiring to warmer, sunnier locations like southern Spain and the Canary Islands, as described in an early study by Myklebost in 1989.
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