I can attest to cost of living in Malaysia I retired last year with my savings ($280k), nut due to the lifestyle i was planning on, $280k ,according to my advisor was going yo run out fast. So he advised me to sell my home in UK, add the s to my savings and gave me a list of countries with low cost of living. I and my wife settled for Malaysia. Best decision ever
Very informative video. It those make sense to face all those challenges with small pension. I was scared of that when I planned my retirement last year, until I was advised on getting help to use my savings at the time ($160k) to secure a financial plan and investment and in true a worry-free future
I have been advised on that for a while now, but finding one that understands what I'm looking for and can advise me to that accord is whom I'm in search of. Please, any recommendations?
Can someone explain to me why when a gringo, whether from North America or European, emigrates to a country where he can live more comfortably with his small retirement pension, they call themselves "expat" and not an immigrant, to this or that nation? But when someone emigrates from Latin America, Africa, from the Middle East to North America or Europe, they are call an immigrant, adding a certain oppressive and discriminatory tone to the qualification....? At the end of the day, no one leaves their country of origin because they are very comfortable there...Greetings from Chile.
When I live someplace temporarily I refer to myself as an expat. I live in Thailand now but my retirement visa is called a non immigrant type o visa so it is pretty clear the country does not want me to call myself an immigrant even though I hope this won’t be a temporary move. Hehe
People moving to the states from Latin America, Africa or middle east.... with their pensions or retirement funds are also known as expats .... what did you miss??
Living in Malaysia on $500/mo USD will have one sleeping on the floor of a closet with a bucket in the corner as a toilet. Secondly, the "Malaysia My Second Home" visa requires a significant financial investment of between $35,000 and $70,000 USD - not an amount someone attempting to live on $500, or even $1,000!, is likely to have readily available! WORD TO THE WISE: If anyone says you can live comfortably in any country for $500/month, do your research! A number of years ago, the Thai Government started DEporting indigent expats who were reduced to begging on the streets because they'd listened to pundits claiming they could live like royalty on $500 a month USD - and, again, that was YEARS ago!
Agreed regarding cost of living, however, the speaker or AI voice states incorrect information a few times in the video, and is not reading off of the obviously intended script. If you put on the closed captions, you will see that for Malaysia, it is actually $1,500, not $500.
You’d have to have closed captions on to know that he (it?) was to say $1,500. I saw a few of these amounts that were very different from what is mentioned.
I settled in Costa Rica 5 years ago and stayed because my wife’s ex husband won’t sign for their child to leave the country. We live almost monthly pension to monthly pension and at $5,000 monthly it is not cheap here. Costa Rica is the second most expensive country in Latin America and is just as expensive as many places in the United States. Great to visit but expensive to retire in; The cost of living in Costa Rica is 45% more expensive than Mexico. My choices would be Nicaragua or Colombia.
@@6648rome I have visited many times Nicaragua our border neighbor up North. The cost of living is 48% less than Costa Rica, crime is less, the people are just as friendly, their food is delicious, land wise is much bigger with two huge beautiful lakes, mountains, volcanoes and gorgeous beaches. Very good infrastructure and roads and far less tourist. You really feel like you’re experiencing an adventure. You will love it and for retirement is should be near the top of your list. I always say that you must go and visit any country you’re interested in retiring. If possible stay a month or more; You will never know the real country by just vacationing there. As far as my opinion of Nicaragua, Just stay out of local politics and you will love it there.
@@6648rome Panama is similar in cost of living but El Salvador is 20% less than Costa Rica. I would recommend Nicaragua. It is 48% less than Costa Rica, less crime , wonderful people and gorgeous landscapes and beaches.Good infrastructures and less tourists.
Very good video! Just an update, I recently spent 1 year in Ecuador and it is now the most dangerous country in South America. I am now living in Spain and loving it. ❤
Portugal appeals to me the most of all these places and would be my choice if I ever decided to relocate from the United States. The language barrier would be my biggest problem as I am not interested at my advanced age in going through the stress of learning a new and complicated language thus communicating with the locals would be hard on both them and myself.
@@loisaustin6200 They speak English in Portugal. It is the international language of business, among other things, and most people in other countries are at least conversant, if not fluent.. North Americans are the only ones who resist learning new languages, and it has done us a great deal of damage.
@@loisaustin6200 Same here. Portugal seemed like the nicest if there is no large investment required that wasn't listed. I have several Filipino friends who tried to teach me tagalog & that did NOT go to well. I would have to take classes to learn the basics, b4 I would be able to pick up a new language. LOL
if your pension is 1500-2500$ come and live in Croatia. Adriatic coast is beautiful and with that money you will be rich person here. my pension is 500$. find me a country where I can live comfortably with that.
@@millarodall I don't know specifically about Croatia however I do know that most countries have short-term tourist visas where you can basically stay in the country for a three maybe six months and then you have to leave again even if it's just for a day and return and start the clock over. So Croatia really isn't any different. But that's with a certain type of visa the most basic tourist visa. For a more permanent residence visa it isn't the same.
@@angelstar7656 & some countries will cut off Your retiremnet if You live more then 6 months abroad...so check that out first, so You don't lose Your income... Blessings 🙏🕊️🌟
I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.
Got it! Buying stocks during a recession when prices are down could be a good move. You might get them at a lower price and sell later when they go up. Just do your homework and be aware of the risks before diving in!
@@LiamOlivia-4 That's awesome! Investing in stocks with a reliable trading system can lead to great outcomes. It's fantastic that you've been working with a financial advisor for a year now. Starting with less than $200K and being just $19,000 away from making half a million in profit is impressive! Keep up the good work!
@@LiamOlivia-4 MARGARET MOLLI ALVEY Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.....
Upon retirement live within your means and any places you go there is no problem just be in shape, no revolving debts and mortgage maybe? But it’s your life do what Is best for your sanity, mental clarity and happiness. Don’t worry for the things that is not happening yet just enjoy our moments because tomorrow is not a promise and at least you enjoy this temporary life that God gave us
Many countries don't tax outside income from the US. I've already taken a scouting trip to Panama. I retired last year, at 62 and am collecting early ss benefits. The taxes I will incur on my pension and ss benefits are no different than if I was living in the US. And Panama offers a generous Pensanada Retirement Visa. It only requires that you show a thousand dollars a month of lifetime income. Next year i'm doing scouting trips to Mexico, Columbia, Portugal, Spain and South Asia.
Bulgaria is a better choice than most of these places. If you avoid tourist areas and cities, rent is cheap and cost of living is very low. Medical care is quite cheap and the doctors are very good.
@@PieterGildenhuys This is all probably pretty nonsensical. They tell you the country is affordable based on the rent and grocery prices somewhere in some small village in the middle of nowhere combined with "vibrant cultural life" and quality and affordable healthcare which is located in capitals or large cities that are no way that affordable. I lived in the Czech Republic. The population doesn't speak English, at least not on a daily basis. In small = affordable towns there is no reason for that unless you live in Prague, and possibly Brno. Both are large cities with great universities and (international) corporations residing there. But that means it's not affordable! Prague is expensive and so is Brno! Unless you are a wealthy American of Czech (Slovak) origin and you speak the language, it's not for you. It will be more expensive than you think and there will not be tons of expats like you, so you may feel very lonely. Most Americans living in Prague work for the US government or big international companies, so they are not retirees, but people busy with their professional and personal life. This info is misleading. Bulgaria may work since it's still significantly cheaper than other EU countries, but probably not in Sofia (the capital) and other things I mentioned here will possibly be as valid in Bulgaria as they are in the Czech Republic.
Panama has become very expensive for a lot of expats, who moved there at a time when they could afford it, and can't anymore. I'm told it's much worse yet in Costa Rica where the cost of living is much higher yet. I just got back. I've seen it. Lots of expats are in trouble Abroad. Bear in mind medical costs!
Saying the cost of health care is low compared to the US doesn't say anything! The US has the world's most expensive health care system. I was also surprised to see Costa Rica on the list, it is known as one of the most expensive countries in Latin America.
When you rank countries for retirement and call it BEST. You must consider 3 important things. Number 1, Peace and order. Number 2, cost of living and number 3 English speaking country. For How can you live in a place when you cant even communicate to the police, doctor and to people whom to buy your food?
Ugh, another person who wants other countries to cater to English. If you're moving to a non English speaking country, it's on you to learn their language, and adopt their customs. Otherwise, it's just rude. And cost of living; just by your being there, you're raising the cost of living for the locals, so stay home.
The South western part of Nigeria is the best if you want to live cheap. You will like a king on $500.00 but make sure you travel within the Southwest region because you may disappear if you get too adventurous
Living in Malaysia is affordable. Getting a residency visa to stay longer than 90 days is not. You absolutely CANNOT live in KL on $500/mo including rent.
In Spain if you go to big cities like Madrid, Barcelona, Valencia or tourist destination it will be expensive they are a lot of places in Spain very cheap
They have huge import tax affecting food, cars ext...and retirees have to buy the state health insurance, wich is comprehensive but inefficient and overburdened. 💰
These youtubers don't care as long as they get views & the more views the more money. That's why there are so many click bait B.S. youtubes out there. It just supports what a lack of common sense the people in America have.
It goes without saying these financial guidelines should be taken with a grain of salt - and hopefully those who believe them can't afford to travel there and get stranded!
Few important things: 1- Some of these figures are far from thr truth. 2- US$ 1500 - 2500 is not low by any means, how many US citizens' pension is even this much? Hundreds of thousands of US senior citizens are living in their cars or camper van, many of them professionals who worked hard n paid taxes, while battling with 1990s financial/economy/unemployment n more problems. My cousin, a teacher n mother doesn't even get $1,000.- A month, but at least has her Medicare. 3- The figures you give must be added to health care monthly payments, as they want proof of income and private health insurance, so much higher figures. 4- Not every retiree has given up studying or working. We want to know about education, n working possibilities which we have in our countries. Your audience are not only US residents, but from everywhere. Yes, many things are more expensive in California, New York, or Auckland NZ, or Sydney Australia, but still we can live alright in other parts of the US, NZ, Australia, certainly, England, Canada. 5- What about Peru, Turkey, Hungary, Cuba, Indonesia, India, or small Islands that even pay you to live there? UNTRUE TITLE OF YOUR CLIP SAYING...WITH NO MONEY!!!!
It is a pity that most of these countries are usually so humid and hot. I have gone North to Georgia Europe to cool down in winter. But even there, the summers are now stinking hot and humid.
Agree. That is a big hesitation for me with a number of the countries on my top list. (Panama, Mexico, Costa Rica, and Belize.) I've been living in arizona almost 40 years. The dry heat does make a difference (I can't bear humidity), but even that degree oh heat is getting exhausting as I age. Family and friends are in Calif, where I grew up. I rethinking my retirement, and planning on a more "nomadic retirement life". (Spend hot summer months in Calif, Fall months in Az. and traveling and living in a different country each year or two- (Dec-May)
I agree, I just don’t like the heat. I think I just need to winter somewhere as ours is so cold and dark but I like the summer, long days and not too hot.
I lived in Costa Rica, Limón province, i found it much cheaper than in San José or on the west coast where many expats chose to live..I learned to speak Spanish even though many people could speak English on the Caribbean coast, but it's much cheaper to live in Nicaragua or even Mexico in my opinion
I think it's the insane cost of housing, both renting and buying. There are so many thousands of homeless people now in America living in their cars, trailers, in tents, under bridges in every major city and growing. Greed and avarice is running people out on the streets and they are not all druggies either, most just do not make enough money to pay the prices required to have a roof over their heads, even working two jobs.
There is so many homeless people in USA not because housing is expensive but because so many people have mental problems. I lived in states for 40 years and all my friends who were immigrants from Poland like me we're doing good. Strong family and working is the key. Of course there are few families whose kids had drugs problems but that problems exist everywhere. So many people in USA are depending on social services and getting free ride. I knew some families from Porto Rico where 2 generations didn’t work.
@@hasppl9005 While many homeless people do have mental health problems, for many, the problems are caused by homelessness. I’m American, in my 50s, and I’ve been homeless. They aren’t lazy and most develop various issues as a result of their circumstances, not the other way around. Imagine you’re just trying to live your life but Congress hasn’t forced employers to pay you enough to live, and corporate greed has increased all the rates on everything. You were only one month behind on a payment, but one of those greedy pricks came after you and now your money is gone. You have no family (or you have family with crappy attitudes) so what’s left? Nothing. Because the wealthiest country in the world doesn’t care at all about anyone who isn’t wealthy, so corporations actually spend hundreds of millions to stop any programs that could help the average working person and take even the smallest fraction away from their billions in profits. That is the American reality and it’s been set up that way since the Founders. It’s only gotten worse as Congress and the Supreme Court have created legislation that favors the rich and screws over workers. Don’t talk about things you clearly don’t understand.
@@sverre371 I have not seen anything about the 5-year Vietnam visa…retirement? I pay 1,900฿ ($50) annually, but of course the financial requirements of 800k฿ kept in a Thai bank. Taxes are still only a proposal at this point, but there is a lot of misinformation on TH-cam channels.
@@alanharrison694About 30,000 USD in a Thai bank that you can't touch and could be in a High Yield Savings account in the US. And still have to report to Immigration every 90 days. And stiff fines and possible prison if you overstay.
@@evaadams8298 I know, me too. And there's no let up it doesn't cool down at night. Its 80 degrees with 80 or 90 percent humidity even at midnight. Not enjoyable to sit outside for hours and a have a coffee or a nice meal, or walk long distances. It took me about a month there in Thailand to get acclimated so I didn't just sweat as to where my shirt was just soaked.
Greece isn't cheap. Just came back, anddd a square meter for an apartment is 2x more expensive than Paris!! Greece is more expensive than the US or equal prices in groceries! Greeks are being priced out by RICH Israelis + Rich Arabs,buying Real Estate. Also, Swedes, Danish, French, and Brits have bought tons of Expensive properties in Rhodes, Peloponnese, and Paros, Naxos. Thessaloniki, too, has been captured by GoldenVisa holders... One needs 3,000 dollars/ month to live comfortably in Greece
One of the best country in my mind are the Philippines. Cost of living is low, English is widely spoken, health care system is ok, people are friendly, no taxes on foreign SS, no need to pensioner visa. Get a 30 day tourist visa, renew every month (easy process) for a small fee. This can be done for up to 3 years, then leave the country for a few days, come back and start all over again.
UK Social Security Pension would not cover any of these because on leaving the UK Pension Credit is cancelled, any disability payment is cancelled although I remember Portugal is one country where it can continue to be claimed? Leaving £884.80 basic pension is not going to pay the monthly rent/rates health insurance and other living expenses.
I thought they still paid the state pension, but the rate is stopped at the level when you leave - ie. you don't get any future increases in regards to the tripple lock.
I can see that you’ve never lived in Costa Rica! The cost of living there is only low if you give up a lot. It’s a beautiful country, but not cheap, mostly because of very high import duties. For many things, the cost in CR will be much higher than in North America. Would you lime to buy a car? It will cost twice as much in CR. I think the cost of living there is comparable to the US or Canada.
What I said about a car is also the case for almost everything imported. A smartphone? A washing machine? Yep, also very expensive compared to Norteamerica.
This is free information! If someone is seriously considering moving out of the country. I believe they should be smart even to do their own research and even visit first!!
Suppose that a murican wants to go and live in CR. He ships his car, washing machine, TV etc all the stuff he had over there. Surely he can live well because he only has his medical bills to pay ? It's the daily expenses that have not been spoken about.
One of my neighbors recently told me that some of his friends opted to live full time on cruise ships, upon retirement. Apparently this is not uncommon.
Malaysia truly is a gem for retirees. My spouse and I relocated here last year, and the combination of affordable living, friendly locals, and amazing food has made it the best decision we’ve ever made!
i mentioned sl too further up and we would love to live there or at least spend winters there . and their food so tasty and very reasonable prices unless people go to unnecessary expensive places .
@@rosiehayatta2619 . Go to the very West end of Srilanka where there are many residents’ from other countrys and beautifull Beach. You can search on Google and TH-cam to find out more.
I currently live in Costa Rica and spend well over $10'000 a month for a family of 3 in a gated community close to the pacific ocean. Nothing is cheap here and the price does not match what you get for it. Beware, when I came people said 2k was all you need lol, sure i can live cheaper but for the same money my standard of living would be much higher in the US or Canada or any other country for that matter.
Check it on a country-by-country basis. Also, see if the country has a two-tier healthcare system. Vietnam, for example, has both public and private healthcare facilities. If you have significant issues like cardiovascular challenges, you'll want to pony up extra dollars for private insurance coverage. That amount MAY change your mind on making that country your new home.
I live in Prague and I know for sure you cannot live with $1200 here. The rent of the smallest 1 room flat here is $800. Maybe it is possible to live far away from Prague somewhere in the rural area. But in most cases very few people speak English in small towns and villages. You definitely need more money to live a decent life in Prague
You missed to mention the cheapest to leave, most welcoming and friendliest people, most beautiful beaches and English speaking people..... THE PHILIPPINES.
@@MsLinda165 i take it you have never visited asia due to it . floods mozzis even quakes have and can happen anywhere . i find your thinking a bit strange but each to their own .
I'm living in Portugal, Algarve and it's expensive, the healthcare here in Portugal is the worst ever......I've lived in Cyprus and it's also expensive there but the healthcare is better. This video is a bit misleading.....I came back to Portugal 5 years ago before that I was here from 2014 to 2017 the change is big and the expenses are very high.....it's not normal.......I'm planning to move to Spain.....or Greece I've lived also in Greece and it's dueble....the healthcare is goooodddd.....and also the renting and monthly expenses are cheaper
This is out of date. The influx of retirees to these countries have resulted in the costs going up considerably, to the point that they are ruining the economy of these locals for the local people. Greedy retirees who didn't manage their money properly when they were working, are now wanting 'something for nothing' and exploiting the low cost of living and good health care, making it unaffordable for locals. I say, stay home, and visit these countries for 3 months at a time, but let the people keep their low cost of living and health care. Many of these countries have wizened up to retirees' exploitation, and have changed the visa rules, and have also changed the length of time they can stay. Smart. Western countries should learn from them.
And that has happened in the US, too. We live in a beautiful area. But in the last 5 years the influx from other states has ruined it. Cost of housing has quadrupled!
Using US healthcare costs as a comparison is useless: we all know it's one of the most expensive in the world! Also, saying private healthcare is affordable is meaningless: what is affordable, exactly?
it is not cheap at all - food is more expensive then it is in western Europe, the cost of the rent is very high, the climate is - wery cold in winter, and very hot in summer, people are unfriendly and rude.
For me, either Malta or maybe Cyprus (the south, western, Greek half). I am British, and fortunately also have a European Union passport - meaning any EU country is open to me (thank God!).
Greece isn't cheap. Just came back, anddd a square meter for an apartment is 2x more expensive than Paris!! Greece is more expensive than the US or equal prices in groceries! Greeks are being priced out by RICH Israelis + Rich Arabs,buying Real Estate. Also, Swedes, Danish, French, and Brits have bought tons of Expensive properties in Rhodes, Peloponnese, and Paros, Naxos. Thessaloniki, too, has been captured by GoldenVisa holders... One needs 3,000 dollars/ month to live comfortably in Greece
For Europe everybody knows that Portugal (rural, not Lisbon) is the best place and the cheapest. Montenegro, Albania are way cheaper than Slovenia (half of the costs - apartment as of 400 EUR). Spain is very good - but you need to know where. Senegal - nice beach, we have a 2 room apartment there, fully furnished for 150 EUR month (and keep it for vacation) it's just at the border to Guinea Bissau and Cap Skirring. Flights to Europe are therefore (without luggage, only a trolley and PC, cheap - 260 EUR direct from Madrid. Cost of living in Spain per month, all included for 2 persons: 1.500 EUR, cost of living Senegal, all included 2 persons month: from min. 750 to 1.500 - depending what you want to do during vacation. to live in Ziguinchor only - 1.000 and you live good, if you move a lot and include a lot of beach, restaurants etc. its 1500 (including some nights in guest house, restaurants etc,). Advantage: Senegal no problem with visa. 1 year will cost a 100 EUR.
My husband fretted about retirement. Despite working all his life his pension was small. He lost sleep over it, and argued about it. Bitterly. Then the UK government raised the retirement age from 65yo to 66yo. Hubby died 4 months before his 66th birthday. My advice? If you have a small pension, find a place within your means. Look forward to it. Don't cry over spilled milk.
@afrikanheritage99 Agreed, but did some research while there, and could not find a decent place under $1.5 to $2k per month. Now things could be different after living a year there and learning local negotiations techniques, etc. But still don't see it that low.
Do you live in Panama currently? I am seriously considering moving there within the next 6 months but I need to find an affordable place to live on my budget.
I'm doing my second scouting trip in Panama in February ( coronado Beach and Boquete. Also, having some dental work done in Costa Rica while visiting for a month. Then, on to the Yucatan area of Mexico.
I have lived in Costa Rica for several years. It is not cheep to live there! Cost of living is equal to where I live in Pennsylvania. If you live in New York City yes it is less expensive. I will say the Tico’s are very friendly. A lot of English is spoken. If you have a major medical problem you will have to wait for treatment on the public system.
A piece of advice before you leave, do your own research. When I did the research myself, I found that with US$500 in Northern Cyprus, you can't even live on the grass of Nicosia Municipal Park.😢
North Cyprus Costa Rica Portugal Mexico Panama Spain Vietnam Colombia Ecuador Thailand Check Rep. Malasya Italy Slovenia Greece Why Romania missing here??
Living in rural India could be much cheaper than most countries you mentioned here.Italy,Spain,Czec Ruplic n Costa Rica can't be affordable post retirement. Thanks
I've lived in NZL-very expensive now in Costa Rica 8 years. I don't think it is so expensive as others say,local fruits and veg save a lot.National Healthcare for my wife and I runs $35/mo,our 5 br house $400/mo food $200 m/mo. See, you can live cheaper here!
Südindien,Kerala ein Haus mit 3 Zimmern,Küche,Bad,Garten 100 Euro Strom und Gas 30 Euro.Ich gehe seit 15 Jahren nach indien und kenne Inder die genau soviel bezahlen für ihr Haus.
Most countries economies are based on U.S., British or Euro dollars. Canada as an example has a current exchange rate of +/- $1.40. This means to buy $1,000 u.s. it will cost you $1,400 Canadian. Similar rates apply to the pound and Euro. The only people that benefit are those that do not have to convert their own currency to any of the fore mentioned. 100 Mex pesos will cost you approximately $6.89 Canadian. 100 Mex pesos will cost you approx $4.94 u.s. Basic math that I hope you all understand
No, the rents/ property in Spain are super expensive now. Not affordable at all 😢 unless you are in a very isolated area _ Trust me , I’ve been living here for 22 years
Medical Care & Dental Care are two different things. I didn't hear anything about dental care in any of these descriptions. Do you have any information on that? Thank you.
This may not belong here but,,l don't get enough to move abroad. I'm in the states in NE Indiana. We get our fair share of inclimate weather, high humidity and the occasional tornado. What l don't get is, sometimes when ppl retire, they think it's ideal to retire to a place in Tornado Alley or a state where there's constant wildfires, earthquakes or landslides. Or states with constant hurricanes and flooding. Do ppl not know insurance companies are opting out of those places? See? Even some US capitalists catch on, sooner or later, to a bad investment. 😅
You can go to rural maine and buy a house for 15,000.00. Montana, Idaho also have cheap living, but, also much poorer hospital care. Going overseas also mea s you are at the mercy of another country's government.
Wow! With some of these countries only wanting people whovan prove they have enough money to support themselves for the duration of stay, perhaps if the US made the same requirements of anyone coming to our country we too would only have the cream of the crop & this video would just be for entertainment and not for research on how we can live better somewhere other than our natural country, the USA 😢
Exactly! They combine the cost of living somewhere in the middle of nowhere with "vibrant" cultural/social life in an expensive capital or some other large city!
I can attest to cost of living in Malaysia I retired last year with my savings ($280k), nut due to the lifestyle i was planning on, $280k ,according to my advisor was going yo run out fast. So he advised me to sell my home in UK, add the s to my savings and gave me a list of countries with low cost of living. I and my wife settled for Malaysia. Best decision ever
Very informative video. It those make sense to face all those challenges with small pension. I was scared of that when I planned my retirement last year, until I was advised on getting help to use my savings at the time ($160k) to secure a financial plan and investment and in true a worry-free future
That's true. All that's left at that mark is the right financial plans and investments. Sometimes professional guidance is also needed to achieve it
Well said! My adviser guided me through retirement planning, ensuring my investments were strategically positioned for long-term rewards.
I have been advised on that for a
while now, but finding one that understands what I'm looking for
and can advise me to that accord is
whom I'm in search of. Please, any recommendations?
I would recommend JOSEPH NICK CAHILL to you because I've been where you are and understand your need for an open ear.
Can someone explain to me why when a gringo, whether from North America or European, emigrates to a country where he can live more comfortably with his small retirement pension, they call themselves "expat" and not an immigrant, to this or that nation? But when someone emigrates from Latin America, Africa, from the Middle East to North America or Europe, they are call an immigrant, adding a certain oppressive and discriminatory tone to the qualification....? At the end of the day, no one leaves their country of origin because they are very comfortable there...Greetings from Chile.
In my opinion because developed countries have this attitude call: Racial Superiority/discrimination.
I have lived all over the world as an expat but l now live in Spain permanently so consider myself an immigrant.
When I live someplace temporarily I refer to myself as an expat. I live in Thailand now but my retirement visa is called a non immigrant type o visa so it is pretty clear the country does not want me to call myself an immigrant even though I hope this won’t be a temporary move. Hehe
@@melissaakey4631 Yes that's how l see it.
People moving to the states from Latin America, Africa or middle east.... with their pensions or retirement funds are also known as expats .... what did you miss??
Living in Malaysia on $500/mo USD will have one sleeping on the floor of a closet with a bucket in the corner as a toilet. Secondly, the "Malaysia My Second Home" visa requires a significant financial investment of between $35,000 and $70,000 USD - not an amount someone attempting to live on $500, or even $1,000!, is likely to have readily available!
WORD TO THE WISE: If anyone says you can live comfortably in any country for $500/month, do your research! A number of years ago, the Thai Government started DEporting indigent expats who were reduced to begging on the streets because they'd listened to pundits claiming they could live like royalty on $500 a month USD - and, again, that was YEARS ago!
Wow 😮
Agreed regarding cost of living, however, the speaker or AI voice states incorrect information a few times in the video, and is not reading off of the obviously intended script. If you put on the closed captions, you will see that for Malaysia, it is actually $1,500, not $500.
No matter where in the world, $500 a month cannot bring a comfortable life.
You’d have to have closed captions on to know that he (it?) was to say $1,500. I saw a few of these amounts that were very different from what is mentioned.
US$500 = MYR$2,500 or so?
I settled in Costa Rica 5 years ago and stayed because my wife’s ex husband won’t sign for their child to leave the country.
We live almost monthly pension to monthly pension and at $5,000 monthly it is not cheap here.
Costa Rica is the second most expensive country in Latin America and is just as expensive as many places in the United States.
Great to visit but expensive to retire in; The cost of living in Costa Rica is 45% more expensive than Mexico.
My choices would be Nicaragua or Colombia.
I hear Panama and el salvador are cheap
Is your pension from another country? Do they still send it if you don5 live there anymore? In Canada I believe you forfeit it after 6 months
@@6648rome Your earned pension always remains with you.
@@6648rome I have visited many times Nicaragua our border neighbor up North.
The cost of living is 48% less than Costa Rica, crime is less, the people are just as friendly, their food is delicious, land wise is much bigger with two huge beautiful lakes, mountains, volcanoes and gorgeous beaches. Very good infrastructure and roads and far less tourist. You really feel like you’re experiencing an adventure. You will love it and for retirement is should be near the top of your list.
I always say that you must go and visit any country you’re interested in retiring.
If possible stay a month or more; You will never know the real country by just vacationing there.
As far as my opinion of Nicaragua, Just stay out of local politics and you will love it there.
@@6648rome Panama is similar in cost of living but El Salvador is 20% less than Costa Rica.
I would recommend Nicaragua. It is 48% less than Costa Rica, less crime , wonderful people and gorgeous landscapes and beaches.Good infrastructures and less tourists.
Very good video! Just an update, I recently spent 1 year in Ecuador and it is now the most dangerous country in South America. I am now living in Spain and loving it. ❤
Seriously. Ecuador is the most dangerous in South America now? Even over Brazil? Hm. Wow
Which area of Spain are you residing in please? Thanx
@chooyeoh8473 Andalusia
It always was
Is there a country anywhere in Latin America that doesn't have a lot of crime? Some worse than others, but I'll pass on any of them.
I am Czech living in Prague. It is not possible to live here with 1200 dollars per month!!! You present old and untrue information.
You can't live anywhere on this planet for $1200.00 per mo. other than the Darfur Region of the Sudan.
@@anthonylafayette4385 I live in Mexico on my $1200 Social Security
@@anthonylafayette4385 Vietnam?
@@anthonylafayette4385
Paraguay,Colombia,Poland,many eatern european countries. What you on about?
COSTA RICA IS NOT CHEAP !!!!!!!!! I LVED THERE FOR 5 YEARS ...BUT IT IS A BEAUTIFUL COUNTRY
Comments are more valuable informationwise then the video itself
usually that is actually true, comments are more informative.
I retired to the Philippines where the cost of living is very low and most of the natives here can speak English.
"10 Best..." but they list 15: 1:07 North Cyprus, 2:50 Costa Rica, 4:34 Portugal. 6:14 Mexico, 7:53 Panama, 9:28 Spain, 10:51 Vietnam, 12:11 Colombia, 13:24 Ecuador, 14:45 Thailand, 16:04 Czech Republic, 18:07 Malaysia, 20:13 Italy, 22:31 Slovenia, 24:45 Greece
Portugal appeals to me the most of all these places and would be my choice if I ever decided to relocate from the United States. The language barrier would be my biggest problem as I am not interested at my advanced age in going through the stress of learning a new and complicated language thus communicating with the locals would be hard on both them and myself.
@@loisaustin6200 They speak English in Portugal. It is the international language of business, among other things, and most people in other countries are at least conversant, if not fluent.. North Americans are the only ones who resist learning new languages, and it has done us a great deal of damage.
Most portuguese speak English and Spanish😮..i myself speak 5 languages
The healtcare is great@@loisaustin6200
@@loisaustin6200 Same here. Portugal seemed like the nicest if there is no large investment required that wasn't listed. I have several Filipino friends who tried to teach me tagalog & that did NOT go to well. I would have to take classes to learn the basics, b4 I would be able to pick up a new language. LOL
@@loisaustin6200no problem. Almost everybody speaks English in Portugal . I live there for 24 years now.
Costa Rica is by far the most expensive country in Central America ...
I live in Costa Rica, and I agree. Planning to move next year.
if your pension is 1500-2500$ come and live in Croatia. Adriatic coast is beautiful and with that money you will be rich person here. my pension is 500$. find me a country where I can live comfortably with that.
...I heard that every 6 months you have to move out from Croatia...!?!
WV is cheap
@@millarodall I don't know specifically about Croatia however I do know that most countries have short-term tourist visas where you can basically stay in the country for a three maybe six months and then you have to leave again even if it's just for a day and return and start the clock over. So Croatia really isn't any different. But that's with a certain type of visa the most basic tourist visa. For a more permanent residence visa it isn't the same.
@@angelstar7656 & some countries will cut off Your retiremnet if You live more then 6 months abroad...so check that out first, so You don't lose Your income... Blessings 🙏🕊️🌟
Africa
I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.
Got it! Buying stocks during a recession when prices are down could be a good move. You might get them at a lower price and sell later when they go up. Just do your homework and be aware of the risks before diving in!
@@LiamOlivia-4 That's awesome! Investing in stocks with a reliable trading system can lead to great outcomes. It's fantastic that you've been working with a financial advisor for a year now. Starting with less than $200K and being just $19,000 away from making half a million in profit is impressive! Keep up the good work!
@@johnawara9719 Mind if I ask you to recommend this particular coach you using their service?
@@LiamOlivia-4 MARGARET MOLLI ALVEY Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.....
@@johnawara9719 She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
Upon retirement live within your means and any places you go there is no problem just be in shape, no revolving debts and mortgage maybe? But it’s your life do what Is best for your sanity, mental clarity and happiness. Don’t worry for the things that is not happening yet just enjoy our moments because tomorrow is not a promise and at least you enjoy this temporary life that God gave us
Carpe diem, quam minimum credula postero, as Horatio used to say
So just wait until they come for you and your property
I agree with this statement
What you never consider is in the cost of living is taxes. I think it's worth taking a look at.
Many countries don't tax outside income from the US. I've already taken a scouting trip to Panama. I retired last year, at 62 and am collecting early ss benefits. The taxes I will incur on my pension and ss benefits are no different than if I was living in the US. And Panama offers a generous Pensanada Retirement Visa. It only requires that you show a thousand dollars a month of lifetime income. Next year i'm doing scouting trips to Mexico, Columbia, Portugal, Spain and South Asia.
Bulgaria is a better choice than most of these places. If you avoid tourist areas and cities, rent is cheap and cost of living is very low. Medical care is quite cheap and the doctors are very good.
Language?
@@PieterGildenhuys This is all probably pretty nonsensical. They tell you the country is affordable based on the rent and grocery prices somewhere in some small village in the middle of nowhere combined with "vibrant cultural life" and quality and affordable healthcare which is located in capitals or large cities that are no way that affordable.
I lived in the Czech Republic. The population doesn't speak English, at least not on a daily basis. In small = affordable towns there is no reason for that unless you live in Prague, and possibly Brno. Both are large cities with great universities and (international) corporations residing there. But that means it's not affordable! Prague is expensive and so is Brno!
Unless you are a wealthy American of Czech (Slovak) origin and you speak the language, it's not for you. It will be more expensive than you think and there will not be tons of expats like you, so you may feel very lonely.
Most Americans living in Prague work for the US government or big international companies, so they are not retirees, but people busy with their professional and personal life. This info is misleading.
Bulgaria may work since it's still significantly cheaper than other EU countries, but probably not in Sofia (the capital) and other things I mentioned here will possibly be as valid in Bulgaria as they are in the Czech Republic.
@@xpsxps1339 interesting. Thanks for sharing
@ where are you living now?
@@PieterGildenhuys You're welcome.
Panama has become very expensive for a lot of expats, who moved there at a time when they could afford it, and can't anymore. I'm told it's much worse yet in Costa Rica where the cost of living is much higher yet.
I just got back. I've seen it. Lots of expats are in trouble Abroad. Bear in mind medical costs!
Saying the cost of health care is low compared to the US doesn't say anything! The US has the world's most expensive health care system. I was also surprised to see Costa Rica on the list, it is known as one of the most expensive countries in Latin America.
Yeah, I was surprised too. Costa Rica is now "Americanized" and has become so expensive.
ı can go buy medıcıne from pharmacy every 2 month ıt cost me less than 200 dollars yes husband gets 14 medıcıne a day ıts cheap
the guy has not connection with the subject; also Italy, Spain, Czech republic are very expenses
I been to Costa Rico 15-17 years ago was so cheap and that time I saw many American family were buying houses for 50 K for retirement. 😊
@@irinagaydayeva9453 I went to years ago; very expensive country; very beautiful but expensive even it is a Latin country
this vlog is insane, there are many things the narrator not consider such taxes, security, language barrier, value of money and so forth😂
I agree. One point, to say that Italy and Spain is a good place with people on a limited income such as Social Security is insane.
Narrator
When you rank countries for retirement and call it BEST. You must consider 3 important things. Number 1, Peace and order. Number 2, cost of living and number 3 English speaking country. For How can you live in a place when you cant even communicate to the police, doctor and to people whom to buy your food?
Ugh, another person who wants other countries to cater to English. If you're moving to a non English speaking country, it's on you to learn their language, and adopt their customs. Otherwise, it's just rude. And cost of living; just by your being there, you're raising the cost of living for the locals, so stay home.
quite but one needs to learn it and not always expect other nations to speak english when in their countries .
You can learn the language. Doh!
Learn the language, dude, I have done this several times in different countries.
Learnthelanguage??
The South western part of Nigeria is the best if you want to live cheap. You will like a king on $500.00 but make sure you travel within the Southwest region because you may disappear if you get too adventurous
Nice! Well done.. Except you left out one thing. Health access for V.A. Benefits or V.A. Hospitals or Clinics in each of these Countries.
Living in Malaysia is affordable. Getting a residency visa to stay longer than 90 days is not. You absolutely CANNOT live in KL on $500/mo including rent.
What’s KL?
@@gemcatgirl"Kuala Lumpur" - and Ms. "2869" is absolutely correct!
Mexico
non connection with the subject; Italy, Spain, Costa Rica Czech Republic are really expensive
In Spain if you go to big cities like Madrid, Barcelona, Valencia or tourist destination it will be expensive they are a lot of places in Spain very cheap
india sri lanka
Southern Italy in the Calabria region is beautiful and cheap to live........
All of the destinations you mentioned are very expensive.
They have huge import tax affecting food, cars ext...and retirees have to buy the state health insurance, wich is comprehensive but inefficient and overburdened. 💰
incorrect, VN And Ecuador are cheap with housing, food, healthcare
@@magicalex21
Where is VN? THX.
@@Thereminator101 What country are you talking about?
@@8_x_9. Vietnam.
Your stats are so far off for residency in Mexico makes the rest of your video unreliable.
especially Barcelona for Spain.
These youtubers don't care as long as they get views & the more views the more money. That's why there are so many click bait B.S. youtubes out there. It just supports what a lack of common sense the people in America have.
Spain and Italy require €30,000 a year
It goes without saying these financial guidelines should be taken with a grain of salt - and hopefully those who believe them can't afford to travel there and get stranded!
Not sure about Italy but Spain is 28k. Italy is 23% income tax with no allowance.
Harder now that we’re out of EU
@@rufusreloaded1043 10k a year for Spain
Few important things: 1- Some of these figures are far from thr truth. 2- US$ 1500 - 2500 is not low by any means, how many US citizens' pension is even this much? Hundreds of thousands of US senior citizens are living in their cars or camper van, many of them professionals who worked hard n paid taxes, while battling with 1990s financial/economy/unemployment n more problems. My cousin, a teacher n mother doesn't even get $1,000.- A month, but at least has her Medicare. 3- The figures you give must be added to health care monthly payments, as they want proof of income and private health insurance, so much higher figures.
4- Not every retiree has given up studying or working.
We want to know about education, n working possibilities which we have in our countries.
Your audience are not only US residents, but from everywhere. Yes, many things are more expensive in California, New York, or Auckland NZ, or Sydney Australia, but still we can live alright in other parts of the US, NZ, Australia, certainly, England, Canada.
5- What about Peru, Turkey, Hungary, Cuba, Indonesia, India, or small Islands that even pay you to live there? UNTRUE TITLE OF YOUR CLIP SAYING...WITH NO MONEY!!!!
It is a pity that most of these countries are usually so humid and hot. I have gone North to Georgia Europe to cool down in winter. But even there, the summers are now stinking hot and humid.
Weather ıs so nıce ıs ın North Cyprus We all have great AC UNIT . today 82 F. summer gets hot yes but we all have swımmıng pool
Agree. That is a big hesitation for me with a number of the countries on my top list. (Panama, Mexico, Costa Rica, and Belize.) I've been living in arizona almost 40 years. The dry heat does make a difference (I can't bear humidity), but even that degree oh heat is getting exhausting as I age. Family and friends are in Calif, where I grew up. I rethinking my retirement, and planning on a more "nomadic retirement life". (Spend hot summer months in Calif, Fall months in Az. and traveling and living in a different country each year or two- (Dec-May)
I agree, I just don’t like the heat. I think I just need to winter somewhere as ours is so cold and dark but I like the summer, long days and not too hot.
@@gilly9430 Sounds like Georgia would suit you well.
@@Ian.549 I went there once years ago briefly and thought it was wonderful, I’ll definitely look in to it!
I lived in Costa Rica, Limón province, i found it much cheaper than in San José or on the west coast where many expats chose to live..I learned to speak Spanish even though many people could speak English on the Caribbean coast, but it's much cheaper to live in Nicaragua or even Mexico in my opinion
Nicaragua would be fine WITHOUT ORTEGA !!!!!!!
I think the most painful aspect of cost of living in US is our messed up Healthcare. Insurances are a total crock!
I think it's the insane cost of housing, both renting and buying. There are so many thousands of homeless people now in America living in their cars, trailers, in tents, under bridges in every major city and growing. Greed and avarice is running people out on the streets and they are not all druggies either, most just do not make enough money to pay the prices required to have a roof over their heads, even working two jobs.
There is so many homeless people in USA not because housing is expensive but because so many people have mental problems.
I lived in states for 40 years and all my friends who were immigrants from Poland like me we're doing good.
Strong family and working is the key.
Of course there are few families whose kids had drugs problems but that problems exist everywhere.
So many people in USA are depending on social services and getting free ride.
I knew some families from Porto Rico where 2 generations didn’t work.
@@hasppl9005 While many homeless people do have mental health problems, for many, the problems are caused by homelessness. I’m American, in my 50s, and I’ve been homeless. They aren’t lazy and most develop various issues as a result of their circumstances, not the other way around. Imagine you’re just trying to live your life but Congress hasn’t forced employers to pay you enough to live, and corporate greed has increased all the rates on everything. You were only one month behind on a payment, but one of those greedy pricks came after you and now your money is gone. You have no family (or you have family with crappy attitudes) so what’s left? Nothing. Because the wealthiest country in the world doesn’t care at all about anyone who isn’t wealthy, so corporations actually spend hundreds of millions to stop any programs that could help the average working person and take even the smallest fraction away from their billions in profits. That is the American reality and it’s been set up that way since the Founders. It’s only gotten worse as Congress and the Supreme Court have created legislation that favors the rich and screws over workers. Don’t talk about things you clearly don’t understand.
But they call all the benefits the EU had for its citizens 'communist' and America would rather just let us die.
I am retired and living in Thailand, but Vietnam still doesn’t have a retirement visa available.
You can buy a 5-year visa in Vietnam, which is affordable. How much do you pay in Thailand per year? Do you pay tax on your income in Thailand?
@@sverre371 I have not seen anything about the 5-year Vietnam visa…retirement?
I pay 1,900฿ ($50) annually, but of course the financial requirements of 800k฿ kept in a Thai bank.
Taxes are still only a proposal at this point, but there is a lot of misinformation on TH-cam channels.
@@alanharrison694About 30,000 USD in a Thai bank that you can't touch and could be in a High Yield Savings account in the US. And still have to report to Immigration every 90 days. And stiff fines and possible prison if you overstay.
I couldn’t live there because it is way too hot and humid. I went for a visit and couldn’t breathe because of the heavy air…
@@evaadams8298 I know, me too. And there's no let up it doesn't cool down at night. Its 80 degrees with 80 or 90 percent humidity even at midnight. Not enjoyable to sit outside for hours and a have a coffee or a nice meal, or walk long distances. It took me about a month there in Thailand to get acclimated so I didn't just sweat as to where my shirt was just soaked.
I would choose either Greece or Thailand!
Greece is a little on the high side, and Thailand has become more difficult.
@@ngsocal
Thank you for the heads up!
Et le Sri Lanka ??
Greece isn't cheap. Just came back, anddd a square meter for an apartment is 2x more expensive than Paris!!
Greece is more expensive than the US or equal prices in groceries! Greeks are being priced out by RICH Israelis + Rich Arabs,buying Real Estate.
Also, Swedes, Danish, French, and Brits have bought tons of Expensive properties in Rhodes, Peloponnese, and Paros, Naxos. Thessaloniki, too, has been captured by GoldenVisa holders...
One needs 3,000 dollars/ month to live comfortably in Greece
@@annavsmith1 Thank you for informing about the situation and mentioning Paris!
Without any mention of downsides and comparison it looks like advertising and had low value unfortunately
One of the best country in my mind are the Philippines. Cost of living is low, English is widely spoken, health care system is ok, people are friendly, no taxes on foreign SS, no need to pensioner visa. Get a 30 day tourist visa, renew every month (easy process) for a small fee. This can be done for up to 3 years, then leave the country for a few days, come back and start all over again.
A friend of mine visited and told it is expensive and no english even in Manila. People not as friendly
@@Homeschoolsucceed you're well informed congratulations.
UK Social Security Pension would not cover any of these because on leaving the UK Pension Credit is cancelled, any disability payment is cancelled although I remember Portugal is one country where it can continue to be claimed? Leaving £884.80 basic pension is not going to pay the monthly rent/rates health insurance and other living expenses.
I thought they still paid the state pension, but the rate is stopped at the level when you leave - ie. you don't get any future increases in regards to the tripple lock.
Just go and stay abroad at 3 months at a time. You only have to come back for a week and then you can go for another 3 months.😊
Same with America. You are only allowed to travel abroad for 30 days without losing your Social Security.
Costa Rica is known for being expensive….
I can see that you’ve never lived in Costa Rica! The cost of living there is only low if you give up a lot. It’s a beautiful country, but not cheap, mostly because of very high import duties. For many things, the cost in CR will be much higher than in North America. Would you lime to buy a car? It will cost twice as much in CR. I think the cost of living there is comparable to the US or Canada.
What I said about a car is also the case for almost everything imported. A smartphone? A washing machine? Yep, also very expensive compared to Norteamerica.
This is free information! If someone is seriously considering moving out of the country. I believe they should be smart even to do their own research and even visit first!!
💯
I am from Panama and.libe in the USA but Costa Rica is way expensive
Suppose that a murican wants to go and live in CR. He ships his car, washing machine, TV etc all the stuff he had over there. Surely he can live well because he only has his medical bills to pay ? It's the daily expenses that have not been spoken about.
Thank you. This gave me a much better idea of what it would cost to live on retirement income in these countries.
Glad it was helpful!
Do your own thorough research.
One of my neighbors recently told me that some of his friends opted to live full time on cruise ships, upon retirement. Apparently this is not uncommon.
My idea of hell
Malaysia truly is a gem for retirees. My spouse and I relocated here last year, and the combination of affordable living, friendly locals, and amazing food has made it the best decision we’ve ever made!
What about Srilanka. Its such a beautifull Nature and I heard that there is special residents visa for people on pension.
i mentioned sl too further up and we would love to live there or at least spend winters there . and their food so tasty and very reasonable prices unless people go to unnecessary expensive places .
Mh! What about tamir tiger
@@rosiehayatta2619 . Go to the very West end of Srilanka where there are many residents’ from other countrys and beautifull Beach. You can search on Google and TH-cam to find out more.
Costa Rica is without a doubt the most expensive country in Central America and one of the most expensive countries in Latin America.
100%. I live in CR.
@@mariaisabelsalazarramirez I live in Barrio Chino.
I currently live in Costa Rica and spend well over $10'000 a month for a family of 3 in a gated community close to the pacific ocean. Nothing is cheap here and the price does not match what you get for it. Beware, when I came people said 2k was all you need lol, sure i can live cheaper but for the same money my standard of living would be much higher in the US or Canada or any other country for that matter.
My question would be what’s the quality of healthcare? How much does it cost? Can healthcare treat serious illnesses such as heart issues or cancer?
Check it on a country-by-country basis. Also, see if the country has a two-tier healthcare system. Vietnam, for example, has both public and private healthcare facilities. If you have significant issues like cardiovascular challenges, you'll want to pony up extra dollars for private insurance coverage. That amount MAY change your mind on making that country your new home.
Do your own research!!!
Costa Rica has very good healthcare if you use private hospitals as opposed to the public (Caja) social security system.
I live in Prague and I know for sure you cannot live with $1200 here. The rent of the smallest 1 room flat here is $800. Maybe it is possible to live far away from Prague somewhere in the rural area. But in most cases very few people speak English in small towns and villages. You definitely need more money to live a decent life in Prague
You missed to mention the cheapest to leave, most welcoming and friendliest people, most beautiful beaches and English speaking people..... THE PHILIPPINES.
Land of earthquakes, floods, cockroaches and mosquitoes. Yes!!
or sri lanka it is a lovely country and the people .
@@MsLinda165 i take it you have never visited asia due to it . floods mozzis even quakes have and can happen anywhere . i find your thinking a bit strange but each to their own .
Philippines make me sick , more dishonest people is hard to find.
Philippines make me sick , more dishonest people is hard to find.
I'm living in Portugal, Algarve and it's expensive, the healthcare here in Portugal is the worst ever......I've lived in Cyprus and it's also expensive there but the healthcare is better. This video is a bit misleading.....I came back to Portugal 5 years ago before that I was here from 2014 to 2017 the change is big and the expenses are very high.....it's not normal.......I'm planning to move to Spain.....or Greece I've lived also in Greece and it's dueble....the healthcare is goooodddd.....and also the renting and monthly expenses are cheaper
After two major hurricanes within a month, I will love to retire different location for sure 😢
Forget Portugal....way too expensive these days
I' m French 68 and doesn't want to stay in Paris. I Certainly wouldn't chhose Thailand and Europe is a bit frightening😮
Come to the Philippines and I’ll look after you 🤗
This is out of date. The influx of retirees to these countries have resulted in the costs going up considerably, to the point that they are ruining the economy of these locals for the local people. Greedy retirees who didn't manage their money properly when they were working, are now wanting 'something for nothing' and exploiting the low cost of living and good health care, making it unaffordable for locals. I say, stay home, and visit these countries for 3 months at a time, but let the people keep their low cost of living and health care. Many of these countries have wizened up to retirees' exploitation, and have changed the visa rules, and have also changed the length of time they can stay. Smart. Western countries should learn from them.
And that has happened in the US, too. We live in a beautiful area. But in the last 5 years the influx from other states has ruined it. Cost of housing has quadrupled!
Using US healthcare costs as a comparison is useless: we all know it's one of the most expensive in the world! Also, saying private healthcare is affordable is meaningless: what is affordable, exactly?
Bulgaria is a very cheap country and beautiful nature. warm climate on the Black Sea. 600-800 euros per month per person
Fantastic food!
@@NPavlovaV I went to Bulgaria it’s very mellow and I think people are nice, I consider Bulgaria if I am going to retire overseas
it is not cheap at all - food is more expensive then it is in western Europe, the cost of the rent is very high, the climate is - wery cold in winter, and very hot in summer, people are unfriendly and rude.
👍👍. What’s up, That video was really cool! Appreciate you sharing it. Gave it a like! Looking forward to more awesome content! 🙂
Portugal 😂? No affordable houses now due to massive immigration
For me, either Malta or maybe Cyprus (the south, western, Greek half). I am British, and fortunately also have a European Union passport - meaning any EU country is open to me (thank God!).
Greece isn't cheap. Just came back, anddd a square meter for an apartment is 2x more expensive than Paris!!
Greece is more expensive than the US or equal prices in groceries! Greeks are being priced out by RICH Israelis + Rich Arabs,buying Real Estate.
Also, Swedes, Danish, French, and Brits have bought tons of Expensive properties in Rhodes, Peloponnese, and Paros, Naxos. Thessaloniki, too, has been captured by GoldenVisa holders...
One needs 3,000 dollars/ month to live comfortably in Greece
#1 -- Well ? What is the proof of income amount (?) & health insurance cost ?
I didn't see the Philippines on this.
Thank God!
I’ve been living in Mexico for the past four years and it’s not true that good insurance is affordable.
For Europe everybody knows that Portugal (rural, not Lisbon) is the best place and the cheapest. Montenegro, Albania are way cheaper than Slovenia (half of the costs - apartment as of 400 EUR). Spain is very good - but you need to know where. Senegal - nice beach, we have a 2 room apartment there, fully furnished for 150 EUR month (and keep it for vacation) it's just at the border to Guinea Bissau and Cap Skirring. Flights to Europe are therefore (without luggage, only a trolley and PC, cheap - 260 EUR direct from Madrid. Cost of living in Spain per month, all included for 2 persons: 1.500 EUR, cost of living Senegal, all included 2 persons month: from min. 750 to 1.500 - depending what you want to do during vacation. to live in Ziguinchor only - 1.000 and you live good, if you move a lot and include a lot of beach, restaurants etc. its 1500 (including some nights in guest house, restaurants etc,). Advantage: Senegal no problem with visa. 1 year will cost a 100 EUR.
Great 👏
The financial requirements mentioned for most of these countries is Much Much Higher than what is stated!!! DO YOUR OWN HOMEWORK !!!
My husband fretted about retirement. Despite working all his life his pension was small. He lost sleep over it, and argued about it. Bitterly.
Then the UK government raised the retirement age from 65yo to 66yo.
Hubby died 4 months before his 66th birthday.
My advice?
If you have a small pension, find a place within your means. Look forward to it. Don't cry over spilled milk.
Visited Malaysia this summer. $500 for a week is doable, but not for a month. It totally depends on your lifestyle.
Visiting is totally different from living.
@afrikanheritage99
Agreed, but did some research while there, and could not find a decent place under $1.5 to $2k per month. Now things could be different after living a year there and learning local negotiations techniques, etc. But still don't see it that low.
The Philippines 🇵🇭 is excellent 😅
don't go here
A lot of retirees are here in the Philippines especially in the central location of the Philippines.
Panama. It is absolutely fantastic and close to the US🎉
Do you live in Panama currently? I am seriously considering moving there within the next 6 months but I need to find an affordable place to live on my budget.
I'm doing my second scouting trip in Panama in February ( coronado Beach and Boquete. Also, having some dental work done in Costa Rica while visiting for a month. Then, on to the Yucatan area of Mexico.
İs t dangerous
Is what dangerous?@@DİLEKAVAN-w2z
How much living wage needed and health care amount needed.
I have lived in Costa Rica for several years. It is not cheep to live there! Cost of living is equal to where I live in Pennsylvania. If you live in New York City yes it is less expensive. I will say the Tico’s are very friendly. A lot of English is spoken. If you have a major medical problem you will have to wait for treatment on the public system.
So tell us. What does it cost in Rica?
one of the most musleading videos I have seen about that topic. most information are simply wrong.
A piece of advice before you leave, do your own research. When I did the research myself, I found that with US$500 in Northern Cyprus, you can't even live on the grass of Nicosia Municipal Park.😢
North Cyprus
Costa Rica
Portugal
Mexico
Panama
Spain
Vietnam
Colombia
Ecuador
Thailand
Check Rep.
Malasya
Italy
Slovenia
Greece
Why Romania missing here??
Living in rural India could be much cheaper than most countries you mentioned here.Italy,Spain,Czec Ruplic n Costa Rica can't be affordable post retirement. Thanks
Always visa problems as a foreigner in India. Even with a business.
India is a better and cheapest choice
I've lived in NZL-very expensive now in Costa Rica 8 years. I don't think it is so expensive as others say,local fruits and veg save a lot.National Healthcare for my wife and I runs $35/mo,our 5 br house $400/mo food $200 m/mo. See, you can live cheaper here!
Why? There are many states you can move to, that sre very inexpensive.
I live in a lovely town, where the median home price is 220,000.
Which one of these countries diverse to blacks though ? Thank you ?
😅
Costa Rica is Black friendly, particularly on the Caribbean Coast.
I have heard that Mexico is friendly and welcoming.
Jamaica, St Kitts...
Südindien,Kerala ein Haus mit 3 Zimmern,Küche,Bad,Garten 100 Euro Strom und Gas 30 Euro.Ich gehe seit 15 Jahren nach indien und kenne Inder die genau soviel bezahlen für ihr Haus.
Hi. Yes I lived in Kerala Ft Cochin. Impossible to get residential status
Erzähl mal von deinem Trick für Indien eine Aufenthaltsgenehmigung zu bekommen 😉?
1)North cyprus 2)Costa Rica 3)Portugal 4)México 5)Panama 6)Spain 7)Vietnam 8)Colombia 9)Equador 10)Thailand 11)Tchech Republik 12)Malaysia 13)Italy 14)Slowenia 15)Greece
Large pink glasses here…..
You can also retire with no money in Fort Leavenworth too!
Most countries economies are based on U.S., British or Euro dollars.
Canada as an example has a current exchange rate of +/- $1.40. This means to buy $1,000 u.s. it will cost you $1,400 Canadian. Similar rates apply to the pound and Euro. The only people that benefit are those that do not have to convert their own currency to any of the fore mentioned.
100 Mex pesos will cost you approximately $6.89 Canadian.
100 Mex pesos will cost you approx $4.94 u.s.
Basic math that I hope you all understand
No, the rents/ property in Spain are super expensive now. Not affordable at all 😢 unless you are in a very isolated area _ Trust me , I’ve been living here for 22 years
Long story short everywhere is cheaper than Western Europe and USA
Can you include relative safety of the areas, especially for women.
Medical Care & Dental Care are two different things. I didn't hear anything about dental care in any of these descriptions. Do you have any information on that? Thank you.
Most of these countries are expensive.
Alot of this countries suffer from high crime rate
This may not belong here but,,l don't get enough to move abroad. I'm in the states in NE Indiana. We get our fair share of inclimate weather, high humidity and the occasional tornado. What l don't get is, sometimes when ppl retire, they think it's ideal to retire to a place in Tornado Alley or a state where there's constant wildfires, earthquakes or landslides. Or states with constant hurricanes and flooding. Do ppl not know insurance companies are opting out of those places? See? Even some US capitalists catch on, sooner or later, to a bad investment.
😅
These countries maybe cheap but are they safe, what is the pro and cons to take into consideration.
Is the EU safe? No!
Well, the video was interesting. I didn’t cover any of the issues related to taxes.
You can go to rural maine and buy a house for 15,000.00. Montana, Idaho also have cheap living, but, also much poorer hospital care. Going overseas also mea s you are at the mercy of another country's government.
With so many fleeing some countries for USA opportunities, what are the problems there ?
It is very misleading post. Most leaving costs are not accounted for
Great information thank you
Wow! With some of these countries only wanting people whovan prove they have enough money to support themselves for the duration of stay, perhaps if the US made the same requirements of anyone coming to our country we too would only have the cream of the crop & this video would just be for entertainment and not for research on how we can live better somewhere other than our natural country, the USA 😢
And after this your advisor is still alive?! You are a very kind man!🙄
Are you kidding me? Algarve is VERY expensivE!!!!!
Especially Albufeiera
There is some incorrect/out of date information in this video. For example, there is no path to residency in Malaysia from the MM2H visa programme.
Vietnam is no longer affordable to someone on an Australian pension, which is relatively generous.
Nepal is worth consideration?
Is Nepal warm? Only joking.
I'll never leave the USA 🇺🇸
Have you visited other countries? I live in Spain, where I live is reasonable cost of living, yes if you go to Madrid it will be expensive
Once Trump destroys Social Security, you won’t be able to afford to retire anyway.
I live in Panama 🇵🇦 A lot of info on life here are in my videos. For the budget he mentioned, you’d have to be out of expat areas.
Exactly! They combine the cost of living somewhere in the middle of nowhere with "vibrant" cultural/social life in an expensive capital or some other large city!