Keeping options open after retirement, long-term care issues

ObiQuiet

New Member
Hi,
Came to this forum after seeing "Permanent residency in more than one country" faq/permanent-residency-more-one-country (this forum won't accept a URL) -- though that's now 7 years old.

Looking to help my parents keep their options open, as their future with long-term care (for dementia) is not clear, but at some point they will need to make a quick decision about where they will settle for the rest of their lives.

Situation:
* Both are permanent residents and green card holders for the US.
* Both are citizens of another country, but have resided in the US since the 60's.
* Both are retired, with US SS and pension
* They own real estate and financial assets in both countries
* One is getting close to the point of needing long-term care in a facility of some sort.

It has not been possible for them to make a clear decision (hard to think about cutting ties), and it is not clear yet where they will want to live out their years. The odds are it will be in the other country (going back home).

The concerns we know of are:
* The need to establish residency in the other country in order to eventually qualify for living assistance, or even a placement, while still competent to do so.
* The desire not to lose green card status, as they still have US property, and may want to stay in the US for months at a time.

From the post linked above, it appears that US doesn't care but the other country might. Has anything changed? Do countries now notify each other when people declare residency?

What factors and issues do we need to learn about?
Thank you.
 
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