I retired to Bangkok three years ago and have zero regrets. Thailand is a 'no drama' place. There's not lot of spoken English but Google Translate will open many doors. Cost of living reminds me of the 1960s US prices and the country's motto is 'Supermarket to the World' so fresh food is amazing, accessable, and affordable. Crime is very low and you can walk about the big cities safely at night. Medical care is A1 and inexpensive, even in a private hospital. Taxis are among the cheapest in the world and there is lots of transportation infrastructure. Thai people are friendly and look you in the eye.
@philliproberts7294 Жыл бұрын
Yes agree and Bangkok and Phuket are also a bit expensive but for me it's just to bloody hot and humid otherwise I'd be there my Thai wife doesn't even like the heat anymore we live in Australia where the climate is very good but your right it's drama free and the government isn't controlling your whole life just on a lighter note don't know how long I could stay married with all those beautiful ladies at your door step 55566
@RootBeerGMT Жыл бұрын
Tell us more as to your experience with house buying and the living expenses, please.
@monke5004 Жыл бұрын
Stop telling everybody i wont be able to afford it when i retire damnit
@Swearengen1980 Жыл бұрын
That would drive me nuts. I've dated a number of Asian immigrants from various countries with average English capabilities and it got old. Having to use google translator everywhere I went...screw that.
@sooky2253 Жыл бұрын
There's been a regime change in Thailand recently. A pro-US party 'won' the election, so maybe things could change. It would be great to hear your opinion in a few months' time.
@bernardsebranek1963 Жыл бұрын
I left the USA in 2014 at the age of 50. I retired to Nicaragua. Absolutely love it and I have no regrets. I'll never return to the USA. It's a beautiful country. Beautiful loving people and incredibly inexpensive. Costa Rica and Panama are expensive, rivaling the USA in many costs. Also, Nicaragua is very safe and is considered the safest in Central America.
@irisbaez1972 Жыл бұрын
How safe it is? are you nica or NorthAmerican? Where in Nicaragua? What about the communists there? How much a house in the beach?
@petec5935 Жыл бұрын
Enjoy those mosquitos!
@HectorGarcia-nb2ld9 ай бұрын
Can’t deal with the horrible language
@StrakhotTheCat9 ай бұрын
@@irisbaez1972 stop believing US propaganda
@cubanalibre85848 ай бұрын
@@irisbaez1972no safe !!! I escape from Cuba, Daniel Ortega is a dictator
@xbioman7882 Жыл бұрын
You don't mention Belize. English is the national language. The Beliz currency is tied to the US Dollar at 2-1. You only need to show $1,000 per month into your Belize bank account. You also get tax free import of all your household items plus a marine vessel and a small airplane. You do have to stay in Belize for 30 days out of the year. Belize has several ecosystems from the Carribean Beach to jungle to mountains (basically jungles that are not as hot). You can live pretty comfortably in Belize for $1K to $2K per month. Housing can be a bit expensive right on the beach, but you can find very affordable places including a good amount of land for very reasonable prices.
@davidsheriff8989 Жыл бұрын
Yes this would be my second choice...I left UK to live in Brasil..
@JamaicanCarioca Жыл бұрын
One of the highest murder rates in the world
@jm-bv1wh Жыл бұрын
@@JamaicanCarioca Better off dead than poor and on the street..
@bernardbarbour Жыл бұрын
You have to stay in Belize while your Visa is being approved for up to 11 months. Gas is costly, utilities, no health care to speak of.
@joywalkertalks Жыл бұрын
What about couples income?
@PMLynch Жыл бұрын
You don't need to put $20,000 down for SRRV in Philippines if you're a vet. That's why so many ex military retire there. If you've served in the military of any country then you qualify for a SRRV EXPANDED COURTESY which means you only have to deposit $1,500 and NOT $20,000. You're welcome.
@DuveeDavis Жыл бұрын
Thanks bro internet is confusing thanks for clearing that up
@peterhannon9972 Жыл бұрын
Sír can you expand on the military service comments you made. I wasn't aware of any concessions as I'm ex military
@PMLynch Жыл бұрын
@@peterhannon9972 For foreign nationals aged 50 and above who are retired Armed Force officers of foreign countries with existing military ties or agreements with the Philippine Government. You need to have a pension either military or social security of $1,000 a month and then deposit $1,500. I spent 2 years in U.S. Army as an enlisted man and I qualified. You will need an honorable discharge.
@KB3TLE Жыл бұрын
Sounds like they don't want many non veterans over there ? Many either wouldn't be able or willing to dump $20K on them !?!?! -- The tourist visa serves many well 3 years at a time.
@kennetharntson5912 Жыл бұрын
For those Americans that will be getting Social Security or retiring on some kind of pension in the near future may want to consider the hyperinflation of the American dollar. I don't see cola covering Social Security or any other pension sceam should hyperinflation kick in, if anything Social Security and pension will be stopped due to a lack of funds. Moving to a foriegn country may not be the smartest thing to do if you are expecting your pension or Social Security is going to support you. Better to have a lot of money or even better gold.
@mylifethaidiy7045 Жыл бұрын
Cambodia is very affordable. 1 year visa is $180 if you fill it out yourself. No bank account balance that you have to maintain. Apartments are $50-$160.
@jerseyboy1791 Жыл бұрын
A one year Visa in Cambodia is not $180 .. is now like $300 !!
@mylifethaidiy7045 Жыл бұрын
@@jerseyboy1791 No it's not. If you go through a travel agency it is $285, but if you go to the immigration office yourself instead, it is $180. It's in English, so easy for you to do it yourself at the office.
@-.John.Doe.- Жыл бұрын
Do they require Covid vax for the residents?
@mylifethaidiy7045 Жыл бұрын
@@-.John.Doe.- I don't think so
@-.John.Doe.- Жыл бұрын
@@mylifethaidiy7045 awesome. I'm gonna move from Indonesia for that very reason. Too much vax pressure from the government.
@davidramsy3048 Жыл бұрын
I live in pattaya Thailand now for 18 years l have have a retirement visa im from Canada and very happy living here.
@kavithaganesan-y1l Жыл бұрын
it's nice to hear ❤I'm planning to visit thailand soon.
@ganymeade51519 ай бұрын
Hope they have good nursing homes to care for the elderly.
@letzgow61106 ай бұрын
@@ganymeade515190% of the Thai women there will become your house nurse if you engage in a transactional relationship with them. This is why many Caucasian men retire there
@brettfairweather5609Ай бұрын
how do you start to get retirement visa for Thailand I'm clueless and restricted too a small Canadian pension
@davidramsy3048Ай бұрын
@@brettfairweather5609 no problem you.go to a visa agency they will take care of everything for you there are many in Pattaya and Bangkok. First time around 25.000 to 30,000 baht .That will get you a 15 month visa. Second time you will receive a one year visa and the cost will be less.
@bernardbarbour Жыл бұрын
I have traveled the Pan American highway for a couple of years. Living in the following countries for a while. Mexico, Belize, Guatemala, El Salvador, Costa Rica, Panama, Colombia and Ecuador. Many have their advantages and disadvantages. I'm now living in Colombia. There's a Veterans Clinic recently opened in Medellin, there are so many US Military retired folks here in Colombia. There are many beautiful towns in which to choose. It's great!
@BOULDERGEEK Жыл бұрын
I hope to travel to Medellin and Bucaramanga, maybe Cali in the next few months. Currently evaluating slow living in Ecuador. Glad to hear that Colombia is a good experience for you.
@JenniferThornburg1 Жыл бұрын
I'd like to know more. I'm a vet and looking fo a place to retire.
@bernardbarbour Жыл бұрын
@@JenniferThornburg1 after having lived in Mexico 🇲🇽, Central America and South America, Colombia 🇨🇴 has proved the best for me.
@buckchile614 Жыл бұрын
My wife is Colombian and we recently spent 10 days there. The healthcare is rated the best in Latin America. I was impressed by them having a medical clinic in a Mall(my wife suffered a fall) and was immediately taken care of. In America, you'd have to wait 5-20 min. for an ambulance and possibly pay @ least $ 800 for transport. That poor country had the better option. Can't wait to leave this shithole
@ninawood6736 Жыл бұрын
@@buckchile614 Do you speak Spanish? I don't, so is it ok to retire there?
@ExxonMobilCompany Жыл бұрын
I’m closing in on my retirement and I’d like to move from Minnesota to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways
@charlotteflair1043 Жыл бұрын
Most people are unable to handle a fall since they are accustomed to bull markets, but if you know where to look and how to get around, you can profit handsomely. It depends on your entry and exit strategy.
@marcelrobert9569 Жыл бұрын
One of the primary reasons I utilise a portfolio coach to oversee my daily investing decisions is that their whole skill set is cantered on trading long and short at the same time, utilising profit-oriented techniques and minimising risk as a hedge against unforeseen events.
@obodoaghahenry9297 Жыл бұрын
@@marcelrobert9569 Due to the significant falls, I need advice on how to rebuild my portfolio and develop more successful tactics. Where can I find this teacher?
@marcelrobert9569 Жыл бұрын
@@obodoaghahenry9297 Yeah, I have total faith in a financial advisor who is certified by the US SEC. In fact, I'm not sure whether I'm allowed to disclose this, but I'd suggest checking up "Julie Anne Hoover" because she was a huge issue in 2020. She is my mentor in addition to managing my investments.
@robertlucas8288 Жыл бұрын
@@marcelrobert9569 She has excellent credentials and an outstanding occupation. Hence, I swiftly copied whole name and typed it into my browser. I'm curious to discover why she is so busy, and despite the fact that she has unquestionably good credentials, I nevertheless schedule a meeting with her.
@billvegas81462 жыл бұрын
Retire where the health care is exceptional! YOU WILL NEED IT! So think carefully before walking away from Medicare. Especially if you have a low income.
@NickDemski2 жыл бұрын
Yeah, we all need doctors! This can be especially tricky for people who require specialists...
@billvegas81462 жыл бұрын
@@jeffmoodie6144 Everyone needs healthcare. Even healthy people.
@robfromvan Жыл бұрын
Or eat healthy!!!
@immelting9834 Жыл бұрын
Thailand. There's a reason it's one of the biggest medical tourism countries in the world. It's not just the price of medical, it's also the quality
@jm-bv1wh Жыл бұрын
@@robfromvan If you get hit by a bus, the bus doesn't care about your diet.
@jayhizzle5765 Жыл бұрын
I've lived in Costa Rica for the last 15 years, and unless you own a home and vehicle and are completely debt free, there is no way you can live here on $1000 a month! Even if your home and vehicle are paid for, $1000 is just scraping by, Costa Rica is not a cheap place to live.
@davidmcneilly1010 Жыл бұрын
Completely agree. Getting more and more expensive
@Blueskies1180 Жыл бұрын
I bought some forest/mountain land in rural Costa Rica, $100K USD. The plans are to build some small cabins to live in, build a farm, live off the land as much as possible.
@Blueskies1180 Жыл бұрын
I bought some forest/mountain land in rural Costa Rica, $100K USD. The plans are to build some small cabins to live in, build a farm, live off the land as much as possible.
@antoniiocaluso10716 ай бұрын
@@Blueskies1180 building it all is the "easy part", friend. its...HOW CAN I MAKE IT ALL WORK OUT...that should have been planned for ahead of time. say...for 5-years ahead. buona fortuna! :-)))
@kevinadams94682 ай бұрын
Can you keep posting and pasting that for the fools that keep thinking it is 1964 and not 2024??? Many thanks.
@topplacetoLive9 ай бұрын
Planning retirement on a budget? These insights are gold. It's about smart choices, not just money
@jw_nomad Жыл бұрын
For retiree, a major question is how to live like local/quasi local, not as a tourist. Of course if you are an introvert, you can live like hermit.
@maggiegrl6068 Жыл бұрын
Eat like a local, shop like a local. I can tell you shopping for food you like in Thailand is expensive. Canned corn, diced tomatoes, black beans, pasta are 3-6 times more expensive as the US. And not imported, grown and canned for foreigners in Thailand. I go to a Thai market buy my tomatoes and corn, process them to the freezer. Half the price as a 14 oz can in the US. Still have to buy black beans in a can. Have not seen any dry beans.
@zucchina245 ай бұрын
Learn the local language!
@elishavarivka8923Ай бұрын
Hermit sounds good
@danor6812 Жыл бұрын
In the Philippines. For property it has to be a condo, or a house where you lease the land from the owner. Normally you do a 25 year lease so the lease payment stays the same. You can no own land there unless you are a Philippine citizen. It takes 10 years of residency to become one. Retiring there is cheap. You can ger a 2 br, 2 ba apartment 20 meters from the ocean for 441.00 (USD) a month. Away from the ocean you can get a apartment for 120.00 a month.
@thomaspemrich1441 Жыл бұрын
Where R U currently staying here.. I'm Bacolod
@eddieBoxer Жыл бұрын
I'd rather stay in the USA, I have an excellent pension no bills, I can live a good life so why should I want to live in a 3rd world like the Philippines.
@answerman9933 Жыл бұрын
@@eddieBoxer If you feel this way, why did you even bother to watch the video?
@eddieBoxer Жыл бұрын
@@answerman9933 Because I like to watch stupidity on line, I learn from garbology.
@answerman9933 Жыл бұрын
@@eddieBoxer And you are also a wiling participant.
@swn692 жыл бұрын
I lived in the Philippines for 3 years. Loved it. Visited Thailand 4 times. Loved that, too... but more people in the PI speak english than in Thailand, and I can speak passable Tagalog.
@NickDemski2 жыл бұрын
Proud of you for learning Tagalog language even though English is so prevalent there 👏👏👏
@HectorGarcia-nb2ld9 ай бұрын
95% of the people there speak English
@420Jon69 Жыл бұрын
I retired young and lived in Philippines for 10 years and loved it. I’m now living in Mexico last 7 years. Love it even more. I’ve made videos covering the things I loved and didn’t like about each place and also dealing with the girls in both places.
@enviro-best2175 Жыл бұрын
Where can one see or access your videos?
@druryaustin Жыл бұрын
I’m 25. Leaving Colorado to go back to Florida for a bit. I’m planning my escape somewhere now. Where’d you if you were me, preferably 420 friendly (or able to not go to prison), low cost of living, good insurance, and beautiful women? Mountains + beaches a must
@druryaustin Жыл бұрын
Subscribed
@BoldlyExplore Жыл бұрын
Yep share links to your videos
@420Jon69 Жыл бұрын
@@druryaustin Costa Rica sounds like what you’re describing. Jaco is perfect for that
@theenergizer248 Жыл бұрын
I live in New Zealand. Don't retire here, we are outrageously expensive!
@NickDemski Жыл бұрын
How much for a hobbit hole?
@NickMukhin Жыл бұрын
So why you don't move to less expensive place?
@philliproberts7294 Жыл бұрын
Or Australia old age pension in Australia is below poverty
@albundy3696 Жыл бұрын
I seen actually many New Zealanders imigrating to Australia wast numbers . no wonder .
@paulandersen8396 Жыл бұрын
We don't want foreigners to retire here. What are they bringing to our country.? That's the big point that is ignored in this video..why should any country want foreigners to retire there? If you want to retire to another country, what can you bring to that country??
@markledesma23962 жыл бұрын
In the Philippines you be a tourist for 3 years, leave the country, come back then start the 3 year program again with no income requirement, just visa fees.
@janettedavis66272 жыл бұрын
Sounds Just what I need tell us more.
@jerrymylove17542 жыл бұрын
That’s what I’m doing. Extending your visa is so easy as well. You fill out one paper and pay a nominal fee and in less than an hour you have your passport back with some papers. Did it twice in Manila, once in Angeles, and once in Palawan. I’m in Cebu now and getting ready to do another extension. Not sweat at all.
@alice_agogo2 жыл бұрын
@@janettedavis6627 there tons of Westerners vlogging about the Philippines. A lot of them have covered this.
@boonyaveepunja69572 жыл бұрын
Check out Thailand. People are friendly, food is yummy, weather is warm, medical is great! It’s a very beautiful country!
@joeblow91262 жыл бұрын
I agree Lower crime Few security guards Lower poverty Cleaner less expensive high quality Why retire to a slum full of beggars?
@Daoistify2 жыл бұрын
I’d be broke spending my money on Thai bar girls and soapies 🙊
@genericdeveloper39662 жыл бұрын
@@joeblow9126 Thailand definitely has slum like living conditions in some places, but the difference is people are happier even living in tin shacks compared to other places.
@joeblow91262 жыл бұрын
@@genericdeveloper3966 yes but nowhere near the Philippines level and it isn't grinding or filthy
@joeblow91262 жыл бұрын
@@Daoistify 😆 That's why I don't live there I chose a place where it's cheap but girls are not friendly and are homely
@fbi805 Жыл бұрын
Living in the cities of Thailand like Bangkok is not cheap, it’s much cheaper choosing a rural town. Also Indonesia is much more cheaper to live at than either Thailand or the Philippines.
@ravenlorans Жыл бұрын
Maybe but more people speak English in the Philips. And Depending on WHERE and What Part you Live in, You can Live Vary Well off of only $500 a Month ( Everything included) or Less. ( at time of posting this. )
@teriwellborn1658 ай бұрын
China and ccp is too close
@Anon13706 ай бұрын
english people don't get pension rises if they retire to thailand but they do if they retire to philippines and that should make all the difference
@mariusnel8129 Жыл бұрын
Hi, thank you for your stunning video. I'm 51, from South Africa and was a senior offesier in their Police Service. I'm thinking of going to the Philippines as their nature is breathtaking. Happy 2023
@myendlesslove5120 Жыл бұрын
Pay a visit and then decide if its the place for you.
@davidnobular9220 Жыл бұрын
But....no cricket !!!
@ganymeade51519 ай бұрын
Phillippines reportedly takes good care of elders in nursing homes.
@archeewaters Жыл бұрын
omg i went to mauritius last year for a vacation and it's paradise
@daniellewiesztort3422 Жыл бұрын
I heard from a friend trying to get residency in Costa Rica the government wants a very large amount of money kept in bank account. Six figures. There are more requirements than just the basic pension income.
@jmarie7405 Жыл бұрын
6 figures in the bank?!!!
@shadowfilm7980 Жыл бұрын
I lived in Manila for eleven years. They have a special law in the Philippines for expats. If you spend at least $55,000 on a condo to buy then you automatically get a permanent resident visa. I got it. I bought a condo and then a woman got me the visa. It’s called a ICR quota visa. You don’t need to marry a Filipino too. No. Just get a condo for at least $55,000. I have been all over Asia and the big advantage of living in the Philippines is how English is spoken everywhere. It’s also visible in everything. Like menus etc. The downsides of living there was the weather (hot or warm and humid) and seeing many poor people having to live in a country where corruption is rampant. Also if you are an animal lover (like me) it’s hard to see so many homeless street cats. Like everywhere. The government doesn’t really do anything about it. No neutering or spaying. It’s sad. I would try and help them when I could.
@eddieBoxer Жыл бұрын
Condos in the Philippines are very expensive and very small, also the construction is sub standard, plumbing has issues, water and power outages are very common, no thanks I'll go to another country.
@eddieBoxer Жыл бұрын
Power outages, scams, you marry the Filipina or date her you take the whole family, enormous financial burden you'll endure been there, driving is pure hell, most accidents are hit and run you never see a policeman they're all hanging out at the police station, if need medical care emergency you'll have to wait hours then you'll need a sown payment before your seen, infrastructure is Stone Age, dogs, animals who are killed in the street are left there for hours or days before they remove the Caracas when ever you buy anything outside the mall your paying double price too much poverty and garbage in the streets, at night dogs fighting, roosters making noise, karaoke is so loud and late at night you cannot sleep, more fun in the Philippines.
@johntaylor4817 Жыл бұрын
I was able to get a permanent SRRV visa for $3000 plus $400 for an agency to help me. This is because I did a three year stint in the army and could produce my DD214.
@williamkazak469 Жыл бұрын
@@johntaylor4817 a friend did the same. He helped a family, got ripped off and in the end had to come back to USA for an operation to remove a tumor on his abs. He did not trust the doctors there he said.
@johntaylor4817 Жыл бұрын
@@williamkazak469 as anywhere there are good and bad experiences. My 7 years here have been mostly good including getting treatment for various minor health issues from local drs.
@gillianmilne8364 Жыл бұрын
If you plan on retiring any where in the world the best source of information is to research that countries government website.
@richard135b7 Жыл бұрын
Awesome content in this video. I would love to move to Mexico but is now too expensive. Too many Americans and Canadians there have pushed up the cost of living. I've been to Bangkok, Thailand and I might retire there in the future. It's an incredible place to live. Great research. Thank you!
@NickDemski Жыл бұрын
My pleasure! Thanks for sharing your thoughts 😊
@eddieBoxer Жыл бұрын
Depends where you want to live in Mexico or are you just wanting to rent vs buying property, better you rent in case you have to bail out.
@nikkster01 Жыл бұрын
Thailand has become deliberately difficult to retire to thanks to recent govt law changes and you now need a very high monthly income a lot of people are already moving on to Phillipines because of this
@eddieBoxer Жыл бұрын
@@nikkster01 Not true according to statistics Thailand is ranked number 1 in tourist attraction in Asia, so I don't know where you got your false information from.
@maggiegrl6068 Жыл бұрын
Hope you like smog during the winter months. Bangkok has been blanketed with smog for months from burning crop fields in Cambodia, Laos, and some from Thailand. The wind is blowing east to west now. Even Hua HIn is covered in smoky haze.
@user-ki8ls5fl9d2 жыл бұрын
The days of a carefree expat living on a budget are over. If you don't have money, they don't want you, if you are from certain countries they don't want you. Many of the countries you mentioned have medical insurance requirements that may be difficult or impossible to obtain depending on your age or physical condition or are very expensive. They don't want old expats who have never contributed, placing a burden on their health care system. Mexico, Ecuador, Thailand, Panama and the Philippines have all recently changed income or medical insurance requirements or started to enforce existing requirements. Add in the costs of a visa agent or a lawyer ($4000-USD for me in Ecuador), issues with the various banking systems, currency exchange costs and you are talking real money. All these countries are great to visit but living there for any length of time is another story. I have lived in Thailand for 11 years, Mexico for 2 and now in Ecuador for 1 1/2 years and the USVI for 5 years.
@NickDemski2 жыл бұрын
As long as retiring in these places is less expensive than retiring in one's home country, they remain viable in my mind 😊🙌
@user-ki8ls5fl9d2 жыл бұрын
@@NickDemski Actually, it is the ability to remain in the country that is the issue more than the cost of living. All these countries are making it more difficult to obtain a visa and to keep it long term. I left Thailand after 11 years because of health insurance issues. Your visa was dependent on maintaining an insurance policy from a Thai only company.
@NickDemski2 жыл бұрын
Gotcha. So, what change did Thailand make after 11 years that made it so you couldn't continue with their health insurance policy that you'd been following for such a long time?
@longbeach2252 жыл бұрын
@@user-ki8ls5fl9d Cost of living is going up world wide for starters. Now with visas, I never see visas as long term. Its good for a year or 2 stay but not forever. I always recommend going for citizenship and I know its expensive and lot of paperwork but the outcome is you never have to worry about visa changes. You just focus on cost of living. Countries are charging more for insurance and healthcare because lot of expats used services and never paid. They are fleecing the system so you cannot blame countries for tightening up requirements. Expats should blame other expats for fleecing the system. Also remember expats do not pay taxes so they are using roads and other services that locals use and pay taxes on. So as expats we can't complain much.
@blocboi-o54392 жыл бұрын
@@longbeach225 in other word, foreigners has ruined many great opportunities, by taking advantage and taking for granted these beautiful countries?
@bootmender Жыл бұрын
Interesting, I am a retired corporate pilot, and hold passports for just 3 countries now. I gave up my U.S. citizenship several years ago. Spend most of my time between The Southern Bahamas and Geneva, Switzerland. I have never had any trouble coming back to the United States to visit my family. Most of the time I uses my Swiss Passport.
@NickDemski Жыл бұрын
living the dream! do you still fly at all?
@bootmender Жыл бұрын
@@NickDemski because of my age I can only fly myself and family & friends. I own several planes I lease out to a Aviation service in the Cayman Islands so I have a good income. Most of the time now I call the flight service tell them where I am and where I want to go or the same with family. I was a helicopter pilot in Vietnam & Morocco. I flew for Union Pacific Railroad for 20 years. LOL, the corporate executives don’t take trains to there destinations. My favorite aircraft is the Gulfstream G280. 10 people Comfortably for 4000 miles and can land and take off in 5000 feet all at 500+ MPH.
@schwartzenheimer1 Жыл бұрын
And I was, uh, ruler of Britannica, along with my wife, Morgan Fairchild - yeah, that's the ticket! (sorry,Jon...)
@MinKim-cv9eeАй бұрын
if you give up US citizenship, do you still get social security payments???
@dlg5485 Жыл бұрын
Portugal use to be my dream retirement location, but too many North Americans have ruined it as a destination, by overpaying for real estate and other goods/services, driving costs up dramatically. Portugal has ended their golden visa program because of this, and a lot of pressure from Portuguese natives. I can't blame them because they can no longer afford to live in their own country.
@Joa-y4y Жыл бұрын
As of late Portugal has become too expensive to live in, plus new laws regarding taxes will get deep into retirees and peoples pockets, crazy taxes, rents are threw the roof, real estate getting sky high, how the heck are the locals dealing with this high cost of living now, because high cost locals seem getting fed up with foreigners living there now, truly crazy!! i remember the old Portugal!!
@Joa-y4y Жыл бұрын
Correct over paying and selling also the tourists excepting high for products, food and other stuff!
@janesimply13636 ай бұрын
@@Joa-y4ysounds like the natives of Florida who are fed up with the northerners/ Yankees. They have destroyed Florida & DeSantis is mentally insane in mho
@shannonelliott92308 күн бұрын
I liked your video and subscribed. :) I appreciate you being fully human! And your information is clear and succinct. Love it! Currently in Mexico on Temporary Residency. Unfortunately for many, the Regularization Program that helped people get Temporary Residency without meeting the income requirement is ending (as far as I know) December 31. If you are in Mexico, have an expired Visitor's Visa (Passport stamp or the paper), and have around $1000USD -- you can still get in on the regularization program, but must find someone to help you if you are not fluent in Spanish. Immigration assistants are wonderful (or can be). BUT you'd better hurry to your appointment making and don't be late! as it ends December 31 (or year end). Hope they decide to do this again.
@corvettelover16572 жыл бұрын
I am Costarican live in USA 🇺🇸 but going home as soon I can pura vida
@NickDemski2 жыл бұрын
pura vida mae...que le vaya bien
@jamesparnell11312 жыл бұрын
Way too expensive.
@corvettelover16572 жыл бұрын
@@NickDemski y tu donde vives ?
@corvettelover16572 жыл бұрын
Palm Beach island 🏝 Florida Just down the road from Trump
@PAPITO_49 Жыл бұрын
I lived 26 years in CR, I returned ethe U.S.. CR went from paradise to the highest crime against citizens and tourist. On line newspapers "am CostaRica" or "ticotimes"
@AllAboutLifeInThailand2 жыл бұрын
12 years ago, I chose Thailand, specifically, Chiang Rai, and I have never regretted my choice.
@porkchopspapi57572 жыл бұрын
What do you have to do to stay in Thailand year after year?
@AllAboutLifeInThailand2 жыл бұрын
@@porkchopspapi5757 you need to renew your visa annually.
@porkchopspapi57572 жыл бұрын
@@AllAboutLifeInThailand you don't have to leave the country every 6 mos?
@AllAboutLifeInThailand2 жыл бұрын
@@porkchopspapi5757 On a retirement visa, one never has to leave the country.
@porkchopspapi57572 жыл бұрын
@@AllAboutLifeInThailand How much $ does that cost?
@lindamorgan2678 Жыл бұрын
Excellent clear and to the point ..Thanks so much. Art Bell the radio host moved to the Philippines and said he should of chose Indonesia. Gov crime etc. I have a friend living in the Philippines and he will never move back to Canada gorgeous and cheap he lives in a small village
@thomaspemrich1441 Жыл бұрын
Yes why live your life style when simplicity is best. If been here 3.5 years in Philippines.
@harryeisermann2784 Жыл бұрын
indonesia is nicer Nature and culture, but terrible Language problems, visa etc PH certain easier, food is nicer in Bali , hahaha
@davidnobular9220 Жыл бұрын
@@harryeisermann2784 I hear the hottest curries are in Jogjakarta....
@harryeisermann2784 Жыл бұрын
@@davidnobular9220 Curry in indo called Sambals, very yummy, Bali has a good Javanese cuisine, Balinese is very hot spice too ....yummy
@bigmikessenioradventures Жыл бұрын
Thanks for the video. I could not survive on my money in the US even as I was living alone. I moved to the Philippines now I live like a king and have a young beautiful kind wife who takes great care of me. All I do now is work on my YT channel and enjoy life!
@stephenantonicelli70699 күн бұрын
Make a few bucks is good for you and wife. Take care
@jaymo82062 жыл бұрын
Do you own research folks. Visa +financial requirements are constantly changing. Im on a retirement visa in Thailand which has to be renewed once a year plus do immigration reports every 90 days. I checked out Costa Rica a few years back. Its expensive and you gotta put down $60k usd to retire there. Probablys changed since then too. All of these countries are better options than staying in America. Good luck.
@NickDemski2 жыл бұрын
Always good to stay updated since things do change! I'll also be making a part 2 to this video to update some places and include others!
@JustMe99999 Жыл бұрын
Costa Rica is a great option. Really safe country, very English-friendly... great people.
@aladrasullivan9018 Жыл бұрын
And very costly!!
@josephwest9915 Жыл бұрын
Can a single person make it there on $2K a month?
@andrewbowlgarte4738 Жыл бұрын
If your a rich west coast American, lol
@aladrasullivan9018 Жыл бұрын
@@josephwest9915 no
@eddieBoxer Жыл бұрын
But expensive I have a small pension.
@jstevens501 Жыл бұрын
I noticed you didn't mention that in Mexico you can use your savings in lieu of pension or SS to qualify for temp visa. Its around 40K I believe. probably higher but still important to mention.
@jonathanmccarthy6126 Жыл бұрын
Great point, thank you.
@NickDemski Жыл бұрын
That’s because I was trying to give people the cheapest option available. But you’re right: a significant, liquid account is also a useful method to get residency
@soulshine8531 Жыл бұрын
I just moved to Mexico and I’m finding 1800 mo isn’t going very far. Gas is about 5.00 gallon. Not helpful that where i am is not a growing area so fresh produce is expensive. Most everything is except housing. And my fault I’m buying pet food and can’t ignore the hungry neglected animals. So why am i in Mexico
@timisaac8121 Жыл бұрын
@@NickDemski Nick is the age thing important to mention? They told me to apply as over 60 (mexico) and they waiver all the requirements. I will check more as I have an apt on the USA side, in CA. btw: I think on the USA side, it is possible to speak entirely in English without an attorney!!
@timisaac8121 Жыл бұрын
@@soulshine8531 to find out if you are a wolf or not. at 1800 you spend more than 3x of me. Does that sound right to you? If you really want to stay in Mexico, talk to people who LIVE here, not expats or the like. Of course, if you aren't a wolf? You returned to usa in defeat.
@c.a.greene83952 жыл бұрын
I love Costa Rica! Those people you see at the airport holding signs are not looking for the name on the sign, they are hoping you have heard of them and the number in brackets is the number of people they can house... We stay with the Elioterio family when we go down...$ 500 a week, per person. Includes a car, use of jet skis, all your meals and even booze...way cheaper than a hotel AND they take you around and show you the places only residents know about. Best vacations I have ever had!!! Why pay thousands for a hotel room when the locals are more accommodating
@jamesgray73012 жыл бұрын
I used to pay 350 a month for a room, 3 meals included. They obviously took advantage of you.
@c.a.greene83952 жыл бұрын
@@jamesgray7301 I was in a very nice area, had a car and driver, lovely meals, snacks, child care, all inclusive - didn't pull out my wallet once the entire month! Drinks on the beach, towels, surf lessons, daily use of jet skis and everything else was included. Plus we got to watch their children have things like a future...we weren't there to just take but also to give! The same accommodations are $42,000 for a month based on a 2 people, so double that price....I think we did very well
@loisphillips37862 жыл бұрын
Is this true?
@c.a.greene83952 жыл бұрын
@@loisphillips3786 yes, look at a stay for the 4 seasons...look at what is included, - nothing, - then look at the cost of staying with a local family. We learned the hard way by paying for packages before leaving country, but there are many families at the airport holding signs, looking for travelers...mostly locals going home to visit use these accommodations. I haven't been down in 6 years now, but I can't imagine much has changed. We always leave a tip inside the pillow case so the woman of the house finds it. ( whatever you pay them, they spend the greater portion on your vacation, so you will tell your friends and come back often)
@georgenicolas22972 жыл бұрын
@@jamesgray7301 In Costa Rica?
@frankiejohnson2343 Жыл бұрын
How about Cambodia, Laos and Vietnam???
@mukhumor2 жыл бұрын
From the UK, we had a lot of people retire to Spain when times were good, but when times changed they were left in a rut. 'Buyer beware'.
@NickDemski2 жыл бұрын
It's very unfortunate when retirement doesn't work out
@John-gu7vx2 жыл бұрын
Brexit times that changed
@mukhumor2 жыл бұрын
@@John-gu7vx Huh?
@John-gu7vx2 жыл бұрын
@@mukhumor a lot of Brits now have problems with residency 90 day stay NIE paper work etc
@mukhumor2 жыл бұрын
@@John-gu7vx Cheers John. That makes more sense than your first comment.
@tombrenes24112 жыл бұрын
Costa Rica land food rent and a car is by far the most expensive and is raising in crime Panama is the same as Florida Nicaragua is a bit harder but by far cheaper I lived in all 3 In Nicaragua 5 bedroom farmhouse away from the city 200 per month With electrical and water. Internet 55 per month Cheaper than buying or building
@NickDemski2 жыл бұрын
I like Nicaragua too… Ometepe is one of my favorite places in the world
@nickbellomo33622 жыл бұрын
Shoot I'm heading to Thailand. Once I set up having us passive income, I'm out. It's 300 a month for a nice 3 bd house with a pool. Here in south FL you paying atleast 3000
@NickDemski2 жыл бұрын
Isn't it wild? 10 months of rent in Thailand = 1 month in Florida.
@vaibjsjd Жыл бұрын
That would be great you save a lot of money for more adventurous life good food and beautiful people. 👍
@ahdiex7363sha Жыл бұрын
where hua hin? further south how do u find rentals?
@ahdiex7363sha Жыл бұрын
@@NickDemski what do u use to find rentals there
@rinarina5799 Жыл бұрын
@@NickDemski the air quality is the worst
@danpost4755 Жыл бұрын
Nice video. I appreciate the info. More news about average living expenses and health care would be wonderful if that is possible in a future segment. Thanks!
@sterlingarcher1962 Жыл бұрын
It depends on you more than anything. Most all of the countries have populations who earn on average $6/$10 a day or less. If you want to live like a local you can also live on that much per day. HOWEVER, if you're coming from a western country you need to be aware that it's easy to move UP in lifestyle very difficult to move DOWN. You want cold showers and no ref in the kitchen? Can you sleep in tropical heat with nothing fan and no AC? How important are solid walls to you or is a bamboo structure ok? How do you feel about bugs, you cool with sharing a bed with them? Most of the time living like a westerner in these countries isn't much cheaper overall than living where you came from. So it's really all about what are you willing to live without. In the Philippines you can purchase a 6 pack of string cheese for the low low price of #13.95 if you get what I'm saying. Western style rentals will start around $1000/mo. That being said if you can get used to the wet markets you can get food relatively well priced. But don't think you're going to be purchasing meat in a package stored cold like you would back home in your local supermarket. You're going to get something that was (hopefully) killed this morning and has been sitting out since half covered in flies. All of that being said, you can live in most of these places in relative comfort for $1500/mo on your own or about $2000/mo with a local girl and no kids if you're super slick.
@AliceR27 Жыл бұрын
Because he is so young. LoL
@howardthrongard6402 жыл бұрын
I’m an old Ameri-kano enjoying retired life here in the Philippines. One can live quite nicely here on around $1,500 a month. SRRV (retiree visa) available so one can live here permanently. In my case, my wife is a Filipina so I have a permanent immigrant visa based on her Philippine citizenship.
@thomaspemrich1441 Жыл бұрын
I'm in Bacolod. Hello
@kokolanza75436 ай бұрын
Great information, delivered straightforwardly without any cute or clever comments. Thank you!
@JAHDUBProductions Жыл бұрын
Mauritius is the only one of those that I'd consider even Thailand would be kinda cool. How strict and how wild a place can be is top of my list. Costs are secondary.
@NickDemski Жыл бұрын
I love Thailand. It's the perfect amount of wild.
@JAHDUBProductions Жыл бұрын
@@NickDemski nice. That's what I'm talking about.
@angelstar7656 Жыл бұрын
I'm curious; what do you mean by "how strict and how wild..." and why Mauritius?
@allanbalbuena3659 Жыл бұрын
Between Philippines and Thailand , Philippines is better because they speaks English , no problem with Communication . You have 7640 Islands to choose to live.
@Donnie-Lee-Gringo2 жыл бұрын
The Ecuador retirement visa income requirement has been raised to $1275 in 2022
@Mayita19G Жыл бұрын
Is a very dangerous country kidnapped and drugs
@eddieBoxer Жыл бұрын
Go to China and visit Mr. Ping aka baby Panda he'll give you a good place to live, Wuhan lab.
@lars74112 жыл бұрын
WRONG ON MEXICO: $2400 per month is required now.
@NickDemski2 жыл бұрын
It depends on which consulate you talk to. They all have different requirements.
@lars74112 жыл бұрын
@@NickDemski What is the range?
@NickDemski2 жыл бұрын
I think there's about 50 consulates in the USA, I'd recommend contacting a few nearby (if they are close to you) and seeing which one has the easiest financial requirements
@soulshine8531 Жыл бұрын
McAllen Texas still seems to be at about 1735 or so but all others 2500-2700. Savings for temporary for 2022 43k but will go up in 2023 with MX minimum wage.
@albundy3696 Жыл бұрын
yeah Mexicans who came to USA do not work cheap as use to be , they bring home big Bunch of Dollar which makes Mexico expensive as Many American ccities .
@Moose9903 ай бұрын
I've been looking at Costa Rica.Thank you for the info.😊
@maureenhenderson720 Жыл бұрын
Hey thank you Sir . Just discovered your channel . Very very interesting. I’m sick to death of the horrendous weather here on the UK . I’d even consider Timbuktu to live . Thank you for the information, really helpful and I’m considering! Keep up the good work. Thank you .🙏👍
@gbone7581 Жыл бұрын
@@ChanaElisheva Timbuktu is closed to the UK than Mauritius.
@eddieBoxer Жыл бұрын
@@ChanaElisheva Where in the states the weather is that bad that you want to leave the USA? Where ever you go in this world you'll encounter good and bad weather, the Philippines has the highest rate of Typhoons in the world so do your home work before you jump ship.
@nopenever6214 Жыл бұрын
@@ForAndroid101 You must live up north.
@Cloony4u Жыл бұрын
@@ForAndroid101 hahahaha👍
@Cloony4u Жыл бұрын
im fed up with just about everything in uk.and its march and still snowing😭
@jpb42642 жыл бұрын
Paraguay, even cheaper for Americans with regards to requirements.
@NickDemski2 жыл бұрын
look for it in part 2 of this video, upcoming!
@selwyncallender399 Жыл бұрын
Great video but a lot of these financial requirements have changed, it would be great if you would do an update video.
@NickDemski Жыл бұрын
Yes they have, I’ve been pondering doing an update so thank you for the encouragement 🙏
@domenicovolpe87356 ай бұрын
I was in Argentina, Mexico, I lived for some years in Vietnam, Thailand and Philippines. The living cost in all these countries is not as low as you describe.
@NickDemski6 ай бұрын
I ran a summer camp in Vietnam, I lived in Thailand several times. I got legal residency in Mexico. Are you sure the living cost isn't what I describe, or maybe you just have a different experience than me? Possibly I speak much better Spanish than you? Maybe I put in more effort to find great deals?
@tonyd235311 ай бұрын
Nice video. I would like to hear more about medical services in the countries that you mentioned.
@jeromedevotta34067 ай бұрын
are you sick 😮?
@Ggdivhjkjl2 жыл бұрын
From this video: 1) Mexico 2) Costa Rica 3) Panama 4) Ecuador 5) Argentina 6) Nicaragua 7) The Philippines 8) Thailand 9) Mauritius
@nickcoppard53352 жыл бұрын
How about the Isle of Wight ?
@georgevavoulis47582 жыл бұрын
Thank you for the short cut list
@raiz912 жыл бұрын
Ecuador is my goal.
@janettedavis66272 жыл бұрын
Thank you this saves time.
@imanoldurham53952 жыл бұрын
@@raiz91 R U ecuadorian?
@billrailsback51762 жыл бұрын
Keep in mind the type of people you would like to live around- for example Mexico is full of Americans and Canadians in all the major expat cities
@NickDemski2 жыл бұрын
Great point! I was just looking at a school in Thailand for my daughter and asked about other children's nationalities...mostly Thai and Mixed Thai, Australian, English, and Russian, they said...not as many Americans or Canadians in South East Asia!
@taurusthebull76 Жыл бұрын
Videos like this are great! It shows people there are options out here!
@andre1987eph2 жыл бұрын
I’ve lived in L.A. Koreatown since 1995. Its almost half Mexican half Korean here. Almost. As person of partial African American descent the two aforementioned groups treat me bad for NO reason. It took me many years to awaken. I was in denial because you don’t think this would happen to a good person in the USA. Not asking for any one’s pity. Just saying, know who your people are. I discovered really late in life I’m mostly British Isles with some West African. So that means my “people” are East of LA. Not South below Texas or Westward across the Pacific Ocean in East Asia. No one talks about this in retirement videos. U want to go where you are accepted, not just somewhere you can get a beer for $1 🙂👍 PS: When I retire, I’ll have a pension that pays 52k yearly, God Willing, so I’ll have options.
@NickDemski2 жыл бұрын
That's fascinating thanks for sharing that! I think you got the right idea about finding a place that feels accepting. And with your retirement you should be good to go!
@Mexicobeanpole2 жыл бұрын
This is rarely talked about. It’s why you must travel to any countries you are interested in and spend time OUTSIDE of a resort. I especially think it’s important to “set up housekeeping”, in an air bnb and locally shop and cook. Check out banking, local parks etc. You can’t get a vibe until you spend time there outside of a vacation. We tried 3 countries before settling into Mexico. Panama, then Costa Rica, then several areas of Mexico. It’s all so personal whether or no you feel you “fit in.”
@viviannadz18772 жыл бұрын
Sorry, but I worked in an office in LA near Alvarado with love 500 people, and everyone loved me Vetnamiz, Hispanic, Persian, Philipino, Arabic, Indian, Ethiopian, and African American, and shared their food with me (not just with everyone) so look inside you too Love, light, peace
@gem31322 жыл бұрын
Agree. I'm white from a Spanish speaking country. A lot of Mexicans are racist.
@beehive58352 жыл бұрын
Interesting that nobody talks about how great some of the Caribbean islands can be...and many of them have a mix of ethnicities!
@ValetteRenoux Жыл бұрын
Nice video, lots of very useful information. Not sure what you meant by saying that the Philippines is the 5th largest country in the world. They are 64th largest by area, and 13th largest by population.
@420Jon69 Жыл бұрын
You can’t trust all the stuff you see on KZbin. Many don’t fact check and then say things like they are facts haha
@marioalmozara7993 Жыл бұрын
Probably the 5th largest English speaking country?
@williamhartz8707 Жыл бұрын
A big, big criteria to include would be good medical care available in these countries. If you don’t want to live in one of the large cities which usually is more expensive, has crime, and polluted, how far is a decent hospital? And most of these hospitals must be private which is more expensive.
@NickDemski Жыл бұрын
Good point. Retirees should definitely be considering proximity to a nice hospital and what that means for them. Especially if they need some type of specialist.
@nct948 Жыл бұрын
I agree, that would be a major decision factor.
@timmyhiggins5220 Жыл бұрын
Malaysia has great medical care
@beehive58352 жыл бұрын
What about Malaysia, Indonesia, Vietnam, Croatia, Slovenia, Montenegro, Albania, Greece, or Bosnia and Herzegovina? Portugal used to be cheap enough to meet your $1,600/month criteria, but I think it recently became too expensive.
@NickDemski2 жыл бұрын
I'll be posting a part 2 to this video soon...you may see some of those on the list 😉
@beehive58352 жыл бұрын
@@NickDemski Excellent! Thank you!
@NickDemski2 жыл бұрын
Yw! Thanks for letting me know you'd like to hear about more 😊
@MARIADaSilva-dw9cs2 жыл бұрын
Portugal has increased exponentially. Food has quadrupled. Real estate, construction, etc. Salaries remain the same.
@beehive58352 жыл бұрын
@@MARIADaSilva-dw9cs That is sad. Another potential retirement destination becoming too expensive! Meanwhile, the citizens of that country face economic hardship.
@jione87222 жыл бұрын
Thank you for posting this. I was going to retire in CR but cost of living keeps getting higher. I needed other options. Much appreciated.
@yankee76642 жыл бұрын
Hi there..Jione..look to Panama...it my be a better Opcion...( i have plans to move to Panama some time in the next year )...
@karenvonbargen44722 жыл бұрын
Costa Rica costs are similar to those in California, definitely not cheap
@JhonFinancial Жыл бұрын
check out Colombia... if you have a pension of about $750 USD you can live very comfortable in a main city like Medellin.
@schwartzenheimer1 Жыл бұрын
And, in spite of my Thailand rant, thank you for the rest of your video, a lot of good, useful info there...
@TheAlchemist115 ай бұрын
It would be a nice thing to update this video now 2024
@reclaimingminds2811 Жыл бұрын
Thank you for this video, it was very informative ❤
@gnolan4281 Жыл бұрын
I can't believe you skipped Colombia. IMHO it's a way better deal than any place in the Americas. Nicaragua is hot as blazes, Panama has way to much rain and is always hot, Ecuador you can't leverage your dollars because their national currency is the dollar. Argentina has 85% inflation and you need cold cash in dollars which you'll run out of + they'll gouge you on gringo rent big time. I've lived in Mexico and the dollar never gains value against the peso because the government intervenes in the exchange rate. I have been in Colombia away from the humid coast for 7 years in Antioquia. I pay less rent now than I paid in Mexico 7 years ago and the apartment is much nicer. The dollar has gone up and up in value. I never need heating or air conditioning...huge savings and excellent medical care.
@maribelcalens6514 Жыл бұрын
Wrong, Wrong. Expensive y dangerous.
@olgashudofsky2830 Жыл бұрын
How is the retirement visa process? I tried México but they did not think I was financially competent thanks to all those tons of rich Americans and Canadian people who move there.
@gnolan4281 Жыл бұрын
@@olgashudofsky2830 The retirement process in Mexico was the same for me as it was for you. They told me I had an insufficient pension but I talked them into it because I'd just spent a month in Morelia Mexico checking it out and I knew beyond a doubt that I could easily live there on my pension. I lived happily in San Miguel de Allende Guanajuato for more than two years. The thing about Mexico and Latin America in general is that if they take a liking to you they'll bend the rules. Colombia is a bit easier and straight forward by comparison but still you should stay flexible and always polite & cheerful. They really like that. You can even apply for a Colombian visa online and some people report that they did just that and were approved. I am on my fourth renewal here in Colombia and I always hire a visa agency. They aren't as organized as I am but in the end they get the approvals.
@LeeChungTu7230 Жыл бұрын
@@olgashudofsky2830 try Belize
@adammoore7447 Жыл бұрын
@@LeeChungTu7230 Hmm...Unless you want to live like the locals, it's not such a great option if you don't have a lot of money. I lived there for most of 2021. If you don't have a pension or are not an investor, you have to renew your tourist visa monthly ($100 USD)....then after a year, you can apply for residency. While not a terrible option (I loved the nature, sea, food, etc), there are better ones.
@carrief4371 Жыл бұрын
Really Great! (And I watch a lot of these videos!). Well organized and answered my questions. Thank you!
@NickDemski Жыл бұрын
My pleasure!
@philipem100014 күн бұрын
*Special info for US Veterans retiring to the Philippines.* We get a special class of retirement visa. "SRRV Expanded Courtesy." The amount of your deposit into a Philippine bank is only $1,500. The other factor -- *the Philippines has the only VA Clinic outside the US, "Manila VA Outpatient Clinic."* It's a clinic NOT a hospital. You can get all your medicine mailed to you anywhere in the Philippines and they have a limited number of Doctors you can see in house. *You can get reimbursed for all care (depending on what level of care you are eligible for), but there are between 10 and 20 hospitals that do directly bill the VA.* See both the VA website and the clinics own website for further information.
@YogaHippie704 ай бұрын
Haha Boquete is not quiet! I lived there. And it’s not so cheap either. It IS BEAUTIFUL though. I visit yearly. CR is my favorite so far but is the most expensive Third World country. CR has the best vibes!! I’m still looking. I have no pension but thanks for the information. ✌🏼
@NickDemski4 ай бұрын
thanks for sharing! im gonna scold my friend who lived in Boquete and promised me it was super quiet
@JimmyLovesMundo Жыл бұрын
What if I want homes in more than one of those countries mentioned? I currently live in Mexico, moved from the US. I have not started any resident visa programs because of my close proximity to the border (TJ), but I can say that it has been the best move I have ever made. I am now looking at Philippines or Thailand. but I would also like Argentina or Mauritius. Question is, can I split time above and below the equator by having two homes? What would be the benefit of having more than one retirement visa? I am 55 with more than ample income per month/savings for each place.
@NickDemski Жыл бұрын
You sure can split your time! I would just be sure to make sure you're planning properly to pay your taxes correctly and understand that some places, like Thailand and the Philippines, don't let foreigners easily own land and homes, but are typically restricted to certain condominiums. Also, you might not need a retirement visa if you're spending just part of your time there. For example, Mexico, as you know, lets Americans stay up to 180 days fairly easily (though they seem to be getting tougher on people and want long-term visitors to opt for residency). And Thailand is an easy place to do border bounces and visa runs if you're just staying for part of the year, as well.
@mariagrobler837 Жыл бұрын
Mauritius is very expensive to live in🤦♂️ a friend of mine lives there
@peterhughes69492 жыл бұрын
I really like the speed and summary nature of the video - really well done. One small correction - The Philippines is the 5th Largest ISLAND COUNTRY......You mentioned its the 5th largest country in the world which it isnt.... - Its about 64th by land mass, 13th by population, but is 5th Largest ISLAND COUNTRY....Other sources say its the 6th largest island country....so very contentious issue :) Well done - new subscriber
@NickDemski2 жыл бұрын
Thanks for watching and paying close attention to the details! I definitely made a mistake in regards to the size of the Philippines, and plan to correct myself in a future video. There are many countries that could fit this list that didn't make it, so a part 2 follow up with include that correction
@FutureNomad68 Жыл бұрын
The USA is very expensive. You're gonna have to choose between food and medicine, so these videos are very helpful.
@byronrogers4489 Жыл бұрын
I've never known anyone in America who had to make that choice, but I've only been here 53 years
@FutureNomad68 Жыл бұрын
@@byronrogers4489 Then you need to get out more. I work in the medical field so I see and hear about it all the time. People choosing not to go into the hospital due to high co insurances and deductibles. Chemo patients losing all due to on going chemotherapy treatments. Retirees coming out of retirement because the spouse has been diagnosed with a malignant tumor. You've been here 53 years? I'm 54, born and raised here. You need to do some research. It's hard to believe that you've been here for over half a century and you've never heard of healthcare reform.
@angelapower72203 ай бұрын
I live in the US, I was born here and it has always been very expensive! My husband and I raised our children and we've been married for 40 years and we are still not able to buy a house! It's crazy!
@davidheyes4771 Жыл бұрын
Very interesting video, thanks for sharing, some good options there, regards from England 🍺🍺👍
@mariojsworld Жыл бұрын
Greetings from Switzerland. Nicely presented video.
@NickDemski Жыл бұрын
Hey thanks! I hope to visit your country some day 🙌
@josiahjohnson2515 Жыл бұрын
Excellent vid! You save us research time when you mention how much pension income required, well done, thank you!
@NickDemski Жыл бұрын
You’re welcome! But be aware the some places have raised their levels, and expect most to do so over time so be sure to always double check the numbers when applying for a program
@cnyra26532 жыл бұрын
I am surprised that Colombia is missing in your video. Colombia has been always top 5 countries for retirement in many years. Something changed in Colombia?
@NickDemski2 жыл бұрын
Nothing wrong with Colombia, I love it there. It will appear in part 2 of this video!
@nala30382 жыл бұрын
Don’t think I want to live in any countries filled with drug cartels
@williamshaw81062 жыл бұрын
Income tax is high!! I already looked.
@Timithos Жыл бұрын
@@nala3038 Doesn't everyone love the opinions that are 30 years behind the times?
@joselassalle4958 Жыл бұрын
@@nala3038 well, you live in the country with the most drug consumers, don't you?
@AmazingPhilippines12 жыл бұрын
Interesting options. I have been in the Philippines for 7 years primarily on a tourist visa that can be extended for 3 years but now on a work visa for 3 years. USA retired military have a special discount for the SRRV Retirement visa with only $1500 required to be deposited. I have heard that some retired military from other nations have used it also but I do not know the details. I use JRC Visa Consultancy.
@thomaspemrich1441 Жыл бұрын
R U on SRRV now?
@poldariser8686 Жыл бұрын
Thanks for the video, I'm currently looking for a country to retire. Anywhere but the DSA!
@unknown-user2 жыл бұрын
Ecuador’s income requirement has changed. It’s almost double now.
@NickDemski2 жыл бұрын
Yes, thank you! A few of these places have updated their financial requirements since I made this video. I will update in part 2 😊
@dennistyler9852 Жыл бұрын
They can keep it…
@dlewis8952 жыл бұрын
MEXICO COSTS $2600/MOS IN 2022 HUGE INCREASE WHYYYY BLOCK SO MANY SENIORS OVER 65 AND UP
@NickDemski2 жыл бұрын
I'll make a video updating their requirements that I've seen at my consulate, as well. But why would they do this? In the age of digital nomadism and remote work, they're looking to improve the financial stability of their expat population. Expect retiree prices and requirements to increase like this around the world. More countries will open digital nomad visas, too, but I expect many will be geared towards higher earners.
@steffanhoffmann89372 жыл бұрын
@@NickDemski looking forward to it. Or did I miss it? Thx mate 🇬🇧🇺🇲
@paranoidandroid67112 жыл бұрын
They want people to spend money.
@larrypicard88022 жыл бұрын
Minimum monthly requirement in Ecuador is now $1,275 a month. It recently changed.
@NickDemski2 жыл бұрын
Yes, I will update in a future video, I've seen the Mexican consulate I rely on has also raised their prices...thank you Larry 🙏
@limbandtreeremoval2 жыл бұрын
Is that you pay $1,275 a month? or you will receive $1,275?
@NickDemski2 жыл бұрын
@@limbandtreeremoval the programs do not pay you to utilize them, the financial requirements are your income requirements required for the application.
@PInk77W12 жыл бұрын
@@limbandtreeremoval u must have proof of that much pay
@Duke_of_Prunes2 жыл бұрын
@Dorian Gray Quite a few pay you in welfare benefits -- why do you think 4 million uninvited immigrants flooded into the States in the past 2 years?
@pelipequi1493 Жыл бұрын
I am moving to Uruguay when I retire.
@gm4361384 ай бұрын
Great video. How about discussing the vias requirements for each of these nine.
@NickDemski4 ай бұрын
the visa requirements are pretty much: have the money is there something more specific you were curious about?
@jeffjohnsonfutdoc Жыл бұрын
Great job on your video and Thanks from another Michigander ( Upper Peninsula ) ......
@jackbaldwin3649 Жыл бұрын
When it comes to the income requirement I wish all of the videos would mention whether or not it was for a couple and, if not, how much for a couple? Thanks!
@NickDemski Жыл бұрын
The numbers here are issued for a single person ) sorry i didnt include couple numbers
@cHernandez6449 Жыл бұрын
I recently traveled to Argentina and I love it
@termita358 Жыл бұрын
Can you live with 300 USD a month in Argentina?
@cHernandez6449 Жыл бұрын
@@termita358 I only stayed in Argentina for two weeks and I can’t give you much information about the cost of living there , but for sure $300 per month it’s not enough..one thing that we need to remember is that we can’t not bring the American life style wherever we travel outside this country
@NickDemski Жыл бұрын
Well said Cabilla. I would think anyone can live anywhere on a small budget, but you have to change your standards and expectations in relation to where you’re at.
@marcelakebleris3027 Жыл бұрын
To live in Argentina as middle class people do, with first class medicine & rent in a nice and safe neighbourhood in Buenos Aires, you might consider to expend USD 1500/mo. If you enjoy of a very rich cultural city life, extremely friendly people, safe net of cheap public transportation, mild weather, very good internet, Buenos Aires is an excellent choice. Besides, English is spoken widely and people is always willing to understand it and help you.
@sheelahales3834 Жыл бұрын
@@termita358 Can anyone live on $300 a month anywhere,unless it's a poverty stricken country?
@riekkg19332 жыл бұрын
Great podcast with good selection of countries. Keep it up.
@NickDemski2 жыл бұрын
Glad u enjoyed it!
@michaelwright14675 ай бұрын
I lived in the Philippines for 4 yrs after retiring at 55. I now live in Thailand and it not only more affordable, but the amenities are also better and the food is very cheap. Its easier to obtain quality medical services in Thailand also. The Philippines cost of living is steadily increasing.
@NickDemski5 ай бұрын
How long have you been going to the Philippines? I haven’t been yet but I want to go soon and just wondering what you’ve been seeing
@michaelwright14675 ай бұрын
@@NickDemski THE PI is OK. But prepare yourself if you are used to certain amenities. Remember, it is still largely a 3rd world country in about 70% of its territories. I was there for 4 yrs. But I moved to Thailand and like it better. The medical coverage is better for foreigners and the food sems cheaper. The only disadvantage is they speak more English in the Philippines.
@NickDemski4 ай бұрын
Great insight thank u
@dugfriendly2 жыл бұрын
this hasn't aged well - Ecuador is quite a bit different and Mexico is different, too
@NickDemski2 жыл бұрын
ill update the info in future vids and then insert cards where needed, thank u!
@christaprice5393 Жыл бұрын
I'm confused ,does that mean you have to pay them that money each month or prove you are getting that money each month ? also is that the cost for a family or for each individual person?
@jeppe2737 Жыл бұрын
You would just need to prove it. The money is yours to spend.
@jeppe2737 Жыл бұрын
And it is for an individual person
@NickDemski Жыл бұрын
It’s the money you get in pension, annuity, or retirement, etc… the requirements are to ensure you can afford to live there without burdening the system
@johnmurphy9550 Жыл бұрын
It's the amount of income required for a single person. If it's a couple, it's frequently more, maybe around 25% more but it varies
@theresam567 Жыл бұрын
@@NickDemski Unlike the US. 😡
@andrewbowlgarte4738 Жыл бұрын
Funny how people think 1000- 2000$ per month is cheap, when sustainable non debter can live for 5,000 - 6,000$ per year
@fishmongerama8 ай бұрын
I agree. $1,000-$2,000 isn't cheap. How and where can people live for $5,000-$6,000 a year?. I heard UK,USA and Australia are the only remaining countries in the world providing financial support. How will people live in any other country if they can't find a job and the government doesn't provide financial support?.
@andrewbowlgarte47388 ай бұрын
@@fishmongerama you need to comprehend the meaning and how to of being and not taking part , aka non debtor sustainable way of life
@andrewbowlgarte47388 ай бұрын
@@fishmongerama knowledge and self creation
@fishmongerama8 ай бұрын
@@andrewbowlgarte4738 Explain it in a clear,straightforward and simplified way for a layman like myself to fully understand.
@MsBritLowe Жыл бұрын
Costa Rico raised limit of income to $2500
@NickDemski Жыл бұрын
yeah i think we're talking about different programs here...but always double check because prices and programs can change rapidly
@michaelbosco1070 Жыл бұрын
What do you mean by quoting monetary amounts required to retire there,. Do they keep that money? Or do they just want
@NickDemski Жыл бұрын
It’s what they want to see going into your bank account to prove you’re financially stable
@Kangawallapossumbat2 жыл бұрын
I am very surprised you have not included Vietnam and Cambodia. Both have lesser requirements to retire then does Thailand, and both have a cheaper cost of living and are certainly much more stable politically.
@NickDemski2 жыл бұрын
I can put them in my next video about this topic...I've spent lots more time in Thailand, personally, so that's why it's top of mind for me probably. I do love Vietnam and Cambodia though
@gordonkistler9162 жыл бұрын
Why would you want to live in a communist country?
@Kangawallapossumbat2 жыл бұрын
@@gordonkistler916 Cambodia is not communist. Socialist yes, Communist no... Even Australia and UK are socialist. Do you not have any knowledge of Asian politics?
@gordonkistler9162 жыл бұрын
@@Kangawallapossumbat the only difference between a socialist and a communist is, socialist are soft core collectivist and communist are hard core!
@Kangawallapossumbat2 жыл бұрын
@@gordonkistler916 You obviously are an arm-chair political expert that knows a little about everything, but knows everything about nothing.... I think my degree in Political Science knocks you out of the ring.
@kaypie31122 жыл бұрын
Any thoughts on Uruguay?
@NickDemski2 жыл бұрын
Seems like a really cool place, I'll probably add it to part 2 of this video 😁
@frederickmuhlbauer94772 жыл бұрын
Doug Casey loves living in Uruguay
@kaypie31122 жыл бұрын
@@frederickmuhlbauer9477 I didn’t know that’s where he is living. Thank You Frederick.
@plamare59 Жыл бұрын
Very educative but can you delve into the topic of Thailand? healthcare, work allowance etc.. Thank you
@kippsguitar6539 Жыл бұрын
One of the best healthcare systems in the world, working forbidden
@schwartzenheimer1 Жыл бұрын
'One of the best healthcare systems in the world', which you will not be able to join...among 1000 other issues. Thailand doesn't want poor retirees...
@robertstephenson810711 ай бұрын
Useful information, thank you
@NickDemski11 ай бұрын
My pleasure
@davesmith8431 Жыл бұрын
In Mexico you can get your temporary residency for four years as long as you have entered Mexico 7 times or more visiting holidays whatever within the past 3 years minimum up to 10 after 4 years you get your permanent residency
@rdix25012 жыл бұрын
Count me in for the Philippines. I have been eye balling that Visa for a while now.
@NickDemski2 жыл бұрын
I hope you can get there! It seems like such a pleasant place to retire
@rvdareyet72012 жыл бұрын
Way too hot and humid. That’s why we chose Ecuador!
@southbound19692 жыл бұрын
@@rvdareyet7201 Yes, much cooler on the equator
@rvdareyet72012 жыл бұрын
@@southbound1969 we were very pleasantly surprised by how pleasant it is here!
@malcolmhenaughan67862 жыл бұрын
If you are British, you have to be careful where you retire to, you must choose a country where you will be allowed to receive your annual pension rise. I live in the Philippines, no problem here, but you won't get it if you live in Thailand...
@edelmendoza24752 жыл бұрын
Que Bueno que se enteren Los gringos de otros paises donde se puedan retirar. En mexico esta sucediendo mucha gentrificacion y estan subiendo descaradamente las rentas
@NickDemski2 жыл бұрын
Si. Pienso que la gentrificación va pasar en todo el mundo en el futuro. Eso es por que es importante aprender como ganar más dinero en el presente y guardarlo 🙏