It Was Paradise for American Retirees—Until It Became the Center of a Drug War | Wall Street Journal
Posted by Aca Admin on February 24, 2026
Wall Street Journal, February 24, 2026
"It Was Paradise for American Retirees—Until It Became the Center of a Drug War"
"Jonathan Lachowitz, founder of White Lighthouse Investment Management in Bedford, Mass., and Lausanne, Switzerland, said some ultrawealthy clients contract with security and insurance firms to provide varying levels of assistance in the event of unexpected trouble overseas.
Lachowitz, who is also chairman of American Citizens Abroad, recommends that expats give relatives in the U.S. copies of their passports and other important documents. He suggests that those moving abroad have contacts in their new home country, back in the U.S. and at the nearest U.S. consulate or embassy.
American Citizens Abroad, a nonprofit advocating on tax and other issues Americans living abroad face, estimates there are 5.2 million U.S. citizens living and working overseas. A survey of their membership indicates that two-thirds are age 60 and over."