Maybe a decade or two ago. Tea is much cheaper.
places to retire cheaply
- Thread starter investor2009
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Maybe a decade or two ago. Tea is much cheaper.
Definitely worth considering. However, be warned that coffee for tourists is 'Nescafe'.
The tea is good.
Definitely worth considering. However, be warned that coffee for tourists is 'Nescafe'.
The tea is good.
I'll take coffee from a cezve, at a premium, over instant.
I skimmed over this thread and noticed a few books mentioned, not sure of this one has been mentioned already. I read one a couple of months ago called Web Work Travel, written for online solo entrepreneurs to find cheap destinations whilst they run their location independent ventures. Plenty of ideas in there for people intending to retire early as well, most places you could get by on $1,000/month. There's also a Facebook group by the same name if you want to connect with people who have done it/looking to do it asap.
Cheaper again in Vietnam, beer can be had for as low as 30cents a glass.
interesting thread. some of the generalisations are hilarious if not ignorant. much of this comes down to personal choice, life experience and passive earning capacity.
I've lived and worked in many countries including China. The isolation and disconnection from family/friends and your own culture can be very unsettling when away from home long term. This can be under appreciated.
I could never live in one place and need to keep moving. We'll have a base in sydney and one in europe and share our time between the continents but it will be first world living. we could do it now, but I'm always after that bit more
I've lived and worked in many countries including China. The isolation and disconnection from family/friends and your own culture can be very unsettling when away from home long term. This can be under appreciated.
I could never live in one place and need to keep moving. We'll have a base in sydney and one in europe and share our time between the continents but it will be first world living. we could do it now, but I'm always after that bit more
A lot of Japanese are also retiring to SEA..
http://asia.nikkei.com/Viewpoints/Culture/Movers-and-savers
http://asia.nikkei.com/Viewpoints/Culture/Movers-and-savers
I've just bought a Kindle book for Australians who want to retire overseas. "Sell Up, Pack Up and Take Off" by Stephen Wyatt and Colleen Ryan. It covers most South East Asian destinations with a little bit of Europe. Its coverage of Australian issues (pensions, SMSF and tax) is quite good. A good spend of $10.70.
http://www.amazon.com.au/gp/aw/d/B00KFW93YC/ref=mp_s_a_1_1?qid=1409312187&sr=1-1&pi=SY200_QL40
http://www.amazon.com.au/gp/aw/d/B00KFW93YC/ref=mp_s_a_1_1?qid=1409312187&sr=1-1&pi=SY200_QL40
Hi Geoff
Turned on the TV and caught the last piece of this book on Studio Ten.
The authors are journalists and live in Byron Bay
The book looks like another interesting read though
There's also a piece on the book here, interesting comments after the story
Sick of being ripped off in Australia? Here are FIVE STEPS you need to move to Southeast Asia - and cut your living costs by 80 per cent
Turned on the TV and caught the last piece of this book on Studio Ten.
The authors are journalists and live in Byron Bay
The book looks like another interesting read though
There's also a piece on the book here, interesting comments after the story
Sick of being ripped off in Australia? Here are FIVE STEPS you need to move to Southeast Asia - and cut your living costs by 80 per cent
I saw that too. I was amazed at the differences in the cost of living. It was very interesting.
The book is very good on a lot of practical aspects of living in other countries- for those countries covered. Bali does well on cost of living- but Malaysia and Thailand do very well for the standard of health care; Malaysia has the best retirement visa requirements.
Some of the people covered could only have retired to a caravan park up the coast in Australia but were able to live quite comfortably in Asia.
Some of the people covered could only have retired to a caravan park up the coast in Australia but were able to live quite comfortably in Asia.
Did you hear them talk about the couple who could not afford to retire in Australia, so they moved to Ubud, where they built a beautiful home with an inground swimming pool for $60,000? That's amazing. And the food is so cheap, retirees can eat out every night. They can also employ full time staff.
Retirement visas in Indonesia require you to employ an Indonesian maid. That's $100 per month out of your budget.
I wonder if jobs outsourced overseas and increasing overseas retirement may start to lead to an eventual increase in cost of living in those countries, reducing their attractiveness in the longer term.
I wonder if jobs outsourced overseas and increasing overseas retirement may start to lead to an eventual increase in cost of living in those countries, reducing their attractiveness in the longer term.
We are all part of the global village
Made in Japan, Then, Made in China, Then, Made in Vietnam, Then...
I think I posted previously about some FIFO workers who worked back to back and then shared a place in Bali with a maid/cook and gardener..there was always one person at home whilst the other room was locked
I've met a few people now taking up residence in Malaysia, The Philippines or Indonesia, either for retirement, or lifestyle
Funny you should mention that Geoffw, I was checking luxury serviced homes in Bali for a holiday with my children. Goodness, not cheap at all.
