Is it Time to Leave America?

The article below is indicative of the current climate in America.  Nearly all of the people we are meeting lately who are in the process of making the move from The United States to Costa Rica — or are thinking about it — are doing so because of increasing regulations, a stifling of basic freedoms, and a feeling that their financial independence is being threatened.  Healthcare is a huge issue, and as the article mentions, most doctors are not happy with the path toward the style of universal healthcare being legislated.  It might seem curious to some people that a Latin American country such as Costa Rica could have more freedom and independence than America, but that is the case.  Consequently, Costa Rica continues to score at the top of all polls related to overall quality of life and happiness.  Another telling trend is that we are seeing an increasing number of young people arriving; people who are of working age and have children.  All have reported that they feel an abundant sense of opportunity in Costa Rica:  new businesses are opening; existing businesses are expanding; the middle class is strengthening — all are positive signs of a bright future.  Simply escaping is not a positive outlook, but a change of direction toward one of opportunity and happiness is a path well taken.

Economic Policy Journal

I am asked this question more often than you would expect.

Clearly, many people are thinking things are only going to get worse and not get better any time soon in America.

The short answer is that no one has to leave TODAY, but a lot of people should be preparing to leave. The world is a very complex place, as Mises and Hayek taught us. It is hard to know with exactness much too far in advance what will happen. Right now it looks like the trend is toward more and more regulation, which will suffocate life in America. It’s possible that could change, but the wise person is thinking about escape routes.

One of the problems I have with those who ask me about leaving America is that they seem to think about it in a macro sense, that is, they assume there will come a day when there is a clear signal that everyone should leave.

I don’t believe that will be the case. If more regulations come forth out of Washington D.C., as it appears they will, it will affect some more than others, and may pass others by completely.

Medical doctors are at the top of the list, in my view, of those who should be thinking about leaving the U.S. soon. They should be pretty close to packing their bags. Once Obamacare kicks-in, Medical rates will be controlled by the government. How a doctor treats a patient will be controlled. What types of patients a doctor will be able to see will be controlled. If I was a physician, I would start thinking about setting up in one of the Caribbean Islands or South America, close enough to the U.S. so that wealthy Americans would be willing to fly to be treated.



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