Sailing For The Rest Of Your Life: Cruise Ship Retirement

 More group are embracing maritime recreation arsenic a viable status option, a measurement of combining adventure, security, and aesculapian services astatine a costs that tin beryllium amazingly much affordable than a accepted nursing home.

Villa Vie Residences, a US-based cruise line, is making this dream a reality pinch its imperishable residency-at-sea programme. In October 2024, nan institution launched its first cruise aboard nan Odyssey, which promised passengers a round-the-world journey. Residents tin take to acquisition a cabin, rent one, aliases lease it for life done nan “Endless Horizons” programme, which allows them to unrecorded comfortably while exploring 425 ports crossed 147 countries complete a three-and-a-half-year voyage.

The company’s latest invention is nan “Golden Passport”, a caller offering that opens nan strategy to much passengers. Prices alteration by age, starting astatine €85,305 for those complete 90 and rising to €341,223 for those aged 55 to 60. The passport covers meals, housekeeping, laundry, yearly aesculapian checkups, arsenic galore alcoholic beverages arsenic you for illustration pinch meals, and each fees, including larboard taxes and work charges. Residents tin besides induce family and friends onboard for a regular interest of €110.

“As group retire, 1 of their biggest fears is outliving their money. With nan Golden Passport, that uncertainty disappears — 1 costs secures a life of adventure,” says Mikael Petterson, Founder of Villa Vie Residences. While nan percent of inheritance taxation creeps up successful galore countries, much options to bask one’s money while still live are opening to appear.

Currently, nan Odyssey is nan only vessel operating arsenic a imperishable residence, but nan Golden Passport will beryllium transferable crossed Villa Vie’s early fleet. Each complete travel is expected to past astir 3 and a half years, pinch residents capable to enactment onboard longer if desired.

Kathy Villalba, nan company’s CEO, has stressed nan unsocial opportunity: “Life moves fast, and nan astir communal regret group stock is not travelling nan world erstwhile they had nan chance. The Golden Passport makes that dream imaginable and affordable successful a measurement ne'er seen earlier successful nan cruise industry.”

Sharon Lane, a erstwhile precocious schoolhouse overseas connection coach from California, purchased an interior villa aboard nan Villa Vie Odyssey, nan world’s first perpetual cruise, since she claimed it was cheaper to unrecorded astatine oversea than stay successful nan Golden State. “Not only was it affordable to me, it would really costs maine little money to unrecorded present for illustration this, person everyone taking attraction of maine alternatively of maine taking attraction of everybody,” Lane told NBC Los Angeles.

The voyage has go 1 past blowout, nan eventual extravagance, a past prize from life, free from world authorities and nan taxation man, and a measurement to return a spot nan world 1 larboard astatine a time.