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Primoris Services Employees Take on the World: Exploring the Best Overseas Retirement Spots for 2025

'Primoris Services employees exploring international retirement can enhance their lifestyle by planning carefully around healthcare, tax considerations, and residency requirements abroad.' – Paul Bergeron, a representative of The Retirement Group, a division of Wealth Enhancement Group.

'Primoris Services employees nearing retirement should view overseas living as a strategic lifestyle choice that combines financial efficiency with rich cultural experiences—when approached with thoughtful planning.' – Tyson Mavar, a representative of The Retirement Group, a division of Wealth Enhancement Group.

In this article, we will discuss:

The growing trend of retiring abroad and its increasing allure among Americans.
Top international retirement destinations and their unique attractions, as highlighted in the 2025 Retirement Overseas Index.
Key considerations for transitioning to an overseas lifestyle, including residency visas, tax benefits, and healthcare options.

For Primoris Services employees seeking a meaningful vacation or a permanent change of scenery after retirement, the idea of retiring abroad might be enticing. Recent trends show more Americans interested in international living. According to a Gallup poll, interest grew to 21% by 2024 from 10% in 2011. Improved global connectivity and broader social acceptance globally are contributing to this rising curiosity.

The 2025 Retirement Overseas Index by Live & Invest Overseas shows why people move abroad. This index rates retirement destinations on cost of living, healthcare quality, local regulations, tax considerations, and proximity to beaches, museums, and nature trails. Such factors are essential for retirement security.

The index considers some cities as good retirement spots. Valencia in Spain has an expat community and a Mediterranean climate for leisure and culture. And Medellin, Colombia, meanwhile, is an active urban area with a varied culinary and cultural scene for retirees looking for a dynamic lifestyle.

Transitioning to an overseas lifestyle takes planning. From choosing the right travel insurance to learning from current expats, Primoris Services retirees can prepare for life abroad. Those efforts enable informed decision-making and realistic expectations for those prepared to live internationally.

Understanding residency is also important for retirees moving. For example, Portugal offers the D7 retirement visa, which has accessible income requirements and offers great healthcare and tax advantages. The historical richness, relaxed lifestyle, and beautiful landscape of Portugal are highlighted in the 2025 Retirement Overseas Index.

Find out where to retire abroad in 2025. Explore top options like Valencia and Medellin - both known for their cultural vibrancy, quality healthcare, affordability, and friendly environments. Taxes, residency visas, and leisure tips for retiring Americans abroad. Ideal for Primoris Services workers looking for a beachy experience after work.

From Valencia's old-world charm to Medellin's cultural capital, each destination offers something different - like picking a wine for retirement. So, whether it's the soft familiarity of Valencia or the wild energy of Medellin, retirees can choose where to retire by weighing costs of living, healthcare, and local community - like choosing a wine by vineyard, vintage, and flavor profile.

Retiring abroad offers lower cost of living, affordable healthcare, and exposure to other cultures. The five sources that support these points are listed below with brief explanations of how they benefit retirees and strengthen the case for international retirement.

Articles you may find interesting:

Source:

1. Investopedia Staff. 'Is Retiring Abroad Right for You? Key Factors to Consider Now.' Investopedia , Nov. 2024, www.investopedia.com/is-retiring-abroad-right-for-you-key-factors-to-consider-now-8415232 .

2. Tubongbanua, Rachelle. 'Retiring Abroad: Financial Factors to Consider.' U.S. Bank , Oct. 2024, www.usbank.com/financialiq/inspire/retirement/retiring-abroad-financial-factors-to-consider.html .

3. Ingrim, Alex. 'The Pros and Cons of Retiring Abroad.' Kiplinger , July 2023, www.kiplinger.com/retirement/retiring-abroad/the-pros-and-cons-of-retiring-abroad .

4. U.S. News Staff. 'Best Places to Retire Overseas in 2025.' U.S. News & World Report , Jan. 2025, www.usnews.com/money/retirement/articles/best-places-to-retire-overseas-in-2025 .

5. Investopedia Staff. 'Retirees Flock to These Countries for Unmatched Benefits—Is Yours on the List?' Investopedia , Oct. 2024, www.investopedia.com/retirees-flock-to-these-countries-for-unmatched-benefits-8421893 .

What is the 401(k) plan offered by Primoris Services?

The 401(k) plan at Primoris Services is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are deducted.

How can I enroll in the Primoris Services 401(k) plan?

Employees can enroll in the Primoris Services 401(k) plan by completing the online enrollment process through the company’s benefits portal during the enrollment period.

Does Primoris Services offer matching contributions to the 401(k) plan?

Yes, Primoris Services offers matching contributions to the 401(k) plan, which helps employees grow their retirement savings.

What is the maximum contribution limit for the Primoris Services 401(k) plan?

The maximum contribution limit for the Primoris Services 401(k) plan follows the IRS guidelines, which can change annually. Employees should check the current limits for accuracy.

Can I change my contribution percentage to the Primoris Services 401(k) plan?

Yes, employees can change their contribution percentage to the Primoris Services 401(k) plan at any time through the benefits portal.

What investment options are available in the Primoris Services 401(k) plan?

The Primoris Services 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles suitable for retirement savings.

When can I start withdrawing funds from my Primoris Services 401(k) plan?

Employees can start withdrawing funds from their Primoris Services 401(k) plan upon reaching the age of 59½, subject to certain conditions.

Are there any penalties for early withdrawal from the Primoris Services 401(k) plan?

Yes, there are typically penalties for early withdrawal from the Primoris Services 401(k) plan, including a 10% penalty tax on amounts withdrawn before age 59½.

How often can I change my investment allocations in the Primoris Services 401(k) plan?

Employees can change their investment allocations in the Primoris Services 401(k) plan as frequently as allowed by the plan, typically on a daily basis.

Does Primoris Services provide financial education regarding the 401(k) plan?

Yes, Primoris Services offers financial education resources and workshops to help employees understand their 401(k) plan and make informed investment decisions.