WHY RETIRE in CHINA?

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Gweilo 60

Gweilo 60

3 жыл бұрын

Why do people retire in China. This is a 12 minute talk of my view on the subject. Yes I have more experience at this than most but not all foreigners. If you are a retired person and you find a place you like and can be happy why not. I actually love my life here and would have it no other way. Watch the video to find out why.
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Пікірлер: 389
@rickyhsu8474
@rickyhsu8474 3 жыл бұрын
China is a good place for retirement . Friendly people , low tax , and so much amazing food . I will be in China for my retirement .
@Mayangone
@Mayangone 3 жыл бұрын
Plus if you are an Overseas Chinese, there is any discrimination on the street. No asshole yelling at you because of your color.
@Transform2057
@Transform2057 3 жыл бұрын
Low tax is not true....Salary tax are at the same level with western country. But you don't need to pay tax for your other incoming, for example, stock, bank interest.. Actually China has more tax than western people, especially for companies. And also don't forget beside of tax, China has lots of 'fee' which is another kind of tax.
@johnnydeng3488
@johnnydeng3488 3 жыл бұрын
Live In AU Nah, you talking about working in China. They charge you for housing allowance medical insurance Etc 5 major things. Lucky some of them you can cash out
@stvdmc2011
@stvdmc2011 3 жыл бұрын
@@Transform2057 you know shit about government got a hand on your money unless you lived in California.
@Wilson24678
@Wilson24678 3 жыл бұрын
@@Transform2057 Most ppl's salary won't hit that high tax level. And many local companies have many ways to alleviate the tax for their employees.
@echowhiskey1368
@echowhiskey1368 3 жыл бұрын
Chinese citizens can surely vote, but to vote the local People’s representative, whom has the power to supervise/vote officials, to make voices of the people, like to build infrastructure or to make suggestions.
@scottbernstein8454
@scottbernstein8454 3 жыл бұрын
I lived in china off and on. Fell in love and want to move there for good. I'm 43 ready to give up the corporate life. I love your videos. Always inspirational and say it how it is. No biased views which is greatly appreciated. Any advice on making the plunge. Keep doing your videos and you really are amazing.
@mjc1431
@mjc1431 3 жыл бұрын
World without CIA n Politicians will b a peaceful world.
@carlmacintyre9554
@carlmacintyre9554 3 жыл бұрын
You're a fucking idiot.
@rosscrich3
@rosscrich3 3 жыл бұрын
I was in Nanning last year for two months and I loved it. I agree with you when you said home is where the heart is and mine is definitely in Nanning, China. I honestly did not want to leave and I have missed it every day since I left. I hope I am able to return soon. It is one of the most peaceful places I have ever lived and I was very comfortable there. I have a 7 year old son and I was never afraid of walking around the city or traveling through the country with him. I really loved the fruit and vegetable markets there. I am vegan and there was plenty of options for me. I miss the vegetarian restaurants there also. I enjoy your videos. It’s like watching videos from my home.
@weizhang2834
@weizhang2834 3 жыл бұрын
China: no property taxes , more than 70% people no need to pay income taxes , no tips , a lot of super cheap street foods , you don’t have to pay the expensive car cost like in the USA, and wonderful service once your got accident when you drive , no “surprise “ extra money, etc . Too much convenient things compared with the western world. The only negative side is the average income is lower than the western world but the price of life also lower even in bigger cities
@newsionl6092
@newsionl6092 3 жыл бұрын
There is no property tax in China because of China's state-owned enterprises. Most of the Chinese government's fiscal expenditures are paid by state-owned enterprises, so taxation is not the main source of finance for the Chinese government.
@perritsang
@perritsang 3 жыл бұрын
So the cost of living is lower. That means if you make a little more than average you would have a better living standard than the people in the west. Here in the USA you have to make a LOT MORE than average to live a good life. I would like to retire in China too. But I have my family and friends here.
@andia968
@andia968 3 жыл бұрын
how about income from forex trading?is it taxable? i trade at least 2 times per day
@newsionl6092
@newsionl6092 3 жыл бұрын
​@@andia968 Most of the income is not taxable because government finances do not come from taxes.
@kaiserli5987
@kaiserli5987 3 жыл бұрын
Nice video. Totally agree. One thing I really like is you do not need a car here. Didi and public transportations are SUPER SUPER convenient. You don't have to have a car that comes with its expenses. It is awesome!
@Gweilo60
@Gweilo60 3 жыл бұрын
I totally agree!
@jimmyhu7606
@jimmyhu7606 3 жыл бұрын
Good morning sir, China is a good place to retire reasonable cost of living and wonderful low stress place. Cats and dogs because C comes before D . Medical care is cheap in China. Canada and US have to wait a bit longer. That is why I always gain weight when I am in China.
@NightStars1122
@NightStars1122 3 жыл бұрын
Food typically is cheap in China, but GOOD
@smgchg9581
@smgchg9581 3 жыл бұрын
@@SalehAbdurRaheem What is wrong with yours own organs?
@tedma1868
@tedma1868 3 жыл бұрын
No property tax plus lower cost of living
@chunyamng4233
@chunyamng4233 4 ай бұрын
Affordable and safety
@chunyamng4233
@chunyamng4233 4 ай бұрын
Only the health care I worry about
@pwling888
@pwling888 3 жыл бұрын
Living the good life, Kirk! Hoping to visit Nanning when things open up. Great video.
@sylvesterfong9275
@sylvesterfong9275 3 жыл бұрын
Yes, looking forward to do the same - to experience the joy of and peaceful living in China. 👍
@aaronwai1758
@aaronwai1758 3 жыл бұрын
You know what, you walk a lot more living in China that make you live longer
@rickoleary9975
@rickoleary9975 3 жыл бұрын
I have traveled to China over 20 times. I enjoy the country. When i visit, I travel with a tourist Visa. Younger people can also obtain a work visa or an educational visa if the circumstances apply. I don' t believe Residence Visas are available for foreigners over a certain age. It is my understanding that China does not have any program for foreign retirees. I suspect your circumstance is unique as you have a wife who is a Chinese National. China is not unusual for having this policy as most countries don't want take take care of seniors from a different country. Please discuss the Visa programs for foreigners over age 60 in China. Maybe you have new information. I don't think Canada wants us "Yanks" either.
@jenniferwang2416
@jenniferwang2416 3 жыл бұрын
Rick O'Leary marry a Chinese woman lol
@madeinchina1450
@madeinchina1450 3 жыл бұрын
His wife is Canadian citizenship
@mugi6674
@mugi6674 3 жыл бұрын
I remembered he mentioned that he's a professor in a Chinese university, but I'm not sure.
@perritsang
@perritsang 3 жыл бұрын
Ali Ahsan Yes, oversea Chinese retirees are not welcomed back as residents, only as tourists. We have been told.
@madeinchina1450
@madeinchina1450 3 жыл бұрын
@Ali Ahsan [[[those original Chinese who changed their nationalities cannot go back to China as normal Chinese,]]] not correct,there is a detail official procedure regarding how to resume Chinese citizenship for foreigner (originally Chinese).
@RobertAmer
@RobertAmer 3 жыл бұрын
The one issue relative to wanting to live in China for retirement is the Visa. Perhaps you can address this on a future video. For most people, to retire in China is not feasible, due to the visa requirements. Food for thought.
@madeinchina1450
@madeinchina1450 3 жыл бұрын
My understanding is there is 10-year visa for many countries that have an agreement with Chinese gov't, once you get that visa you can enter China as many times as you wish, you can stay in China up to 6 months after each entry, that's why within every 6 months Gweilo 60 visit another country, then, back to China for another 6 months stay, so, you must visit another country within every 6 months, Japan, Korea, Russia, Thailand, India.... keep you busy. In addition, Gweilo 60 mentioned before, you can also apply for 2 years stay permit so that you don't have to visit another country in 6 months, and you can renew your permit. Life is better in China, the scenery, the food and the girls... don't solely take my words, see this statistic www.statista.com/chart/4237/the-countries-with-the-most-people-living-overseas/
@RobertAmer
@RobertAmer 3 жыл бұрын
@UCJqUJno1ZdoinQP7aaNaeAA albeit there are conditions most people woyld be unaware about. Gweilo60 is the expert on this subject and could brief people. I would imagine a 10 year visa is difficult to get. Personally, i have a three year visa, which i can get very easily.
@madeinchina1450
@madeinchina1450 3 жыл бұрын
@@RobertAmer 3 years is OK, just re-do it every 3 years, should be fine.
@RobertAmer
@RobertAmer 3 жыл бұрын
@@madeinchina1450 i have no issues with it.
@thearchitect5632
@thearchitect5632 3 жыл бұрын
I got a 10 year visa, it wasn't that hard to get. just two weeks of waiting after applying to the consulate.
@anilgodhwani2409
@anilgodhwani2409 3 жыл бұрын
Lucky man living in such a beautiful country with such lovely people.Makes your Western world look backward and horrible.
@jimmyhu7606
@jimmyhu7606 3 жыл бұрын
The West IS backwards and horrible beyond belief!
@gabrielgarcia-et7cv
@gabrielgarcia-et7cv 2 жыл бұрын
@@jimmyhu7606 at least we're not a bunch of greedy pieces of shits who pollut the ocean and eat every damn fish we find.
@wildcat5625
@wildcat5625 3 жыл бұрын
You have me convinced to retire in China but I am too old now and old enough to be your dad. If I am still at your age I would definitely consider it. I retired at age 57. With the pensions I receive every month, I can afford to buy a nice home there and live better than a king. Old well! That’s life.
@michaelhooi2856
@michaelhooi2856 3 жыл бұрын
Totally agree, China and other SE Asian countries are super places for retirees. I've lived and worked all over the world from Europe to Australia, Middle East to SE Asia. Now comfortably retired as an Australian national, I've chosen to live long-term in SE Asia. My (unnamed) country of choice is one where English-speaking people can comfortably get by. It issues low-cost 10-year (renewable) retirement visas, allows me to own landed property, has low crime, low cost of living, no resentment of foreigners, 1st class health facilities and superb varieties of food. I would love to spend some time in China if not for my inability to speak Mandarin and absence of a long-term retiree visa program.
@TK-fp2vx
@TK-fp2vx 3 жыл бұрын
Let me guess....Malaysia.
@Doctor-strange98
@Doctor-strange98 2 жыл бұрын
Thailand
@Jade-tn1yp
@Jade-tn1yp 3 жыл бұрын
You are making lots of Gweilos in the west jealous of your life. 😄
@chenyuliu7838
@chenyuliu7838 3 жыл бұрын
don't know how the situation is in Europe, but in the US the real fear is you are literally ONE accident away from poverty, it could be a car accident, a freak accident, a bad marriage, having a kid with the wrong partner, a bad boss, a bad business decision or just a night of fun turns into a credit card debt, there is no social safety net to fall back on in the US for most people.
@peterttchung8405
@peterttchung8405 3 жыл бұрын
most asian countries are inexpensive living places ideal for retired people who can't afford the high cost of living in the West. In fact, once people have tried they'll seldom want to return to their motherland. China is emerging into high tech era. Young westerners are happy with job opportunities and living standards here, which they have never thought of before.
@sylvesterfong9275
@sylvesterfong9275 3 жыл бұрын
Thanks Gweilo 60 for another informative video. Always happy to see you enjoying your walk/life in China.
@stevenlee3422
@stevenlee3422 3 жыл бұрын
Yes there is way more inexpensive living in Asia than in the west
@MrLangam
@MrLangam 3 жыл бұрын
Unless you are in the Philippines. It's freaking expensive here. lol
@dragonfly1414
@dragonfly1414 3 жыл бұрын
Three of us stay 2 months in Cambodia expense per month $350 include eat out a few time a week, I miss sugar cane juice drink and all the yummy fruits. In china there a lot of good foods I miss bake razor clam in salt cover, noodle soup yummy.
@simonbarrett9568
@simonbarrett9568 3 жыл бұрын
@@dragonfly1414 in 2 year you can get a bullet train from China and loas Bangkok. You can still get food cheap in all the country. Xishuangbnna in China and Cambodia.
@rickyhsu8474
@rickyhsu8474 3 жыл бұрын
My grandmother moved back to H K for her retirement . A very good choice for retirement . Very convenient in H K , China Because she didn't like Canada one bit , especially in the winter . No BS
@da7da407
@da7da407 3 жыл бұрын
I m from hk, i m mid age , i like to live in mainland more than hk.
@SN-bf8wr
@SN-bf8wr 3 жыл бұрын
She must have a heart for HK and HK dim sum. HK is really not a very good place for retirement. Super expensive in housing, expensive for quality food and tight space. She can live a much better life in Bay Area. But, I think your grandma enjoys the chit chat with relatives which is invaluable for older generation.
@SN-bf8wr
@SN-bf8wr 3 жыл бұрын
@Tony It's difficult to find villages near HK. It's been undergone a massive urbanization in Bay Area. A lots of retirees move back to smaller cities in Bay Area to enjoy the space and low cost of living.
@SN-bf8wr
@SN-bf8wr 3 жыл бұрын
@Tony You should plan trips to China after the pandemic. But China is really huge and each province will have its own characteristics. Some of my fellow HK friends plan to live a nomadic style in China to experience different provinces and cities. Change a place to live every few months. Maybe one day they will settle in a place that they love most.
@SN-bf8wr
@SN-bf8wr 3 жыл бұрын
@Tony Me myself decided to move to Bay Area from HK to enjoy the lower housing cost. Then, I will take advantage of the high speed train to do lots lots of traveling in China. Look forward to my coming new life. 😅😅
@CB-ro6pk
@CB-ro6pk 3 жыл бұрын
Support you Gweilo. It is a good video! (from Hong Kong)
@putianren
@putianren 3 жыл бұрын
When a country is divided by race, religion & politic, then it will not progress as it should. And folks, that's a democratic country, 99% of it. I know, coz I live in a democratic country which is very divided because of race, religion & politic. In China, because there is no politicking, the people in China are very united, that's why China can progress & at a very fast rate. The Chinese will leave all decisions to the people that know best. Henceforth, the ordinary Chinese can use their time, energy & money to do what is best for themselves to further themselves.
@billhuo2047
@billhuo2047 Жыл бұрын
People say “follow your heart’”. You have shown me how to do it in the real life. Thumbs up!
@walterchin8832
@walterchin8832 3 жыл бұрын
KEEP up the great work Gweilo!
@kermit8112
@kermit8112 3 жыл бұрын
My plan is to rent a place in one province for a few months and enjoy that province, then move to the next province to do the same and on and on
@oliviali8271
@oliviali8271 3 жыл бұрын
You will spend all your life in China,cause we have so many provinces with so many cities.anyway welcome to China!
@jakelaw9768
@jakelaw9768 3 жыл бұрын
Support you, keep up the great work!!
@lachan3519
@lachan3519 3 жыл бұрын
It would be great if you could talk about some practical aspects of living in China as a retired expat. For example, a breakdown of living costs, how to set up a bank account as a nonresident, how to move money in or out of the country, taxation issues, etc. There are a lot of such videos for retirement destinations such as Vietnam, Ecuador, etc, but I haven't seen this for China.
@musiclover168
@musiclover168 3 жыл бұрын
Hi Gweilo, I saw this video at 2:44 when u try to explain to ur wife why it is raining cats and dogs instead of dogs and cats, and u couldn't say why. Ur facial expression is really funny , and I suddenly thought of an idiom " cat got ur tongue" , so I couldn't help but burst into laughter so hard. I think u got the potential of being an actor, I really do. Anyway, thanks for this lovely video, it made my day. Take care
@simonbarrett9568
@simonbarrett9568 3 жыл бұрын
I say if you go to China get on the train and have look round to see the best place that you like as it a big place. To look around.
@alanwkt
@alanwkt 3 жыл бұрын
Glad to know that you're enjoying your life after retirement. I hope I'd enjoy mine the way you do one day.
@jmyong2421
@jmyong2421 3 жыл бұрын
Good morning watching from Malaysia. Thanks for letting us know more about China and its places.
@joeawk
@joeawk 3 жыл бұрын
Get 100 MALAYSIANS in one place n it will not be homesick or miss Assam laksa, nasi lemak, etc.
@johnb8854
@johnb8854 3 жыл бұрын
In CHINA one doesn't think about voting, because there is NOT a lot to complain about, as I had everything I wanted or needed. I was free to travel anywhere, and stay where I wanted to, I found everyone so friendly and helpful. Today in Western countries voting is more about ousting a Government, when dissatisfied with them.
@MrWaterbugdesign
@MrWaterbugdesign 3 жыл бұрын
Expats often say for a serious medical issue they can jump on a plane and go some other place. When you get to the airport you might be surprised they won't let you onto the plane if you have visible medical issues. They will require you to be cleared by a doctor who may not clear you because flying can cause serious problems for some conditions. Denied also if the doctor thinks you could have a crisis during the flight so a short flight is less risky than a 20 hour trip half way around the world.
@dannyw985
@dannyw985 3 жыл бұрын
'Content' is the key to happiness. Retiring in a foreign country is not for the timid; many may have strong attachments to families, etc. Anyway, it is a different stroke for different folks. We all choose our ways of lives. If the decision you made brings happiness, it is a bonus.
@perritsang
@perritsang 3 жыл бұрын
Danny W, I am Chinese American and my strong attachment to family and friends here in the USA is making it hard to retire in China. However, I do visit often but this nasty virus is keeping me away.
@gars1074
@gars1074 2 жыл бұрын
Another great video. One thing about being an "older" person in China is the respect and cordiality shown to seniors! Compared to Canada, where older people are disrespected and ignored.
@dlcc012david
@dlcc012david 3 жыл бұрын
If the government is doing good for the people why want to vote
@yeeletan851
@yeeletan851 3 жыл бұрын
Gweilo, U r my envy to retire to a life u truely enjoy. So they say live life to d fullest without regret. Good on u bro. Nx time u come to Malaysia, I buy u a dozen of good beer. Cheers
@chunyamng4233
@chunyamng4233 4 ай бұрын
I think the most important thing is safety and affordable ,just tell me there has that
@moreto62
@moreto62 3 жыл бұрын
another good video Gweilo.. you never disappoint. Straight talker
@heesingsia4634
@heesingsia4634 3 жыл бұрын
Retire in Malaysia. Decent enough English spoken here and you can live a pretty decent life with just under 1000 usd per month. Rent, utilities, food and the occasional entertainment.
@WORLDPEACE2628
@WORLDPEACE2628 3 жыл бұрын
Gweilo 60 please make sure you have full medical insurance in China because China's hospitals don't treat people unless you pay them in advance !
@m.0829
@m.0829 3 жыл бұрын
They're now setting up some advanced top hospitals on Hainan Island so you may not even have to fly all that way back to Canada for medical treatments.
@joeawk
@joeawk 3 жыл бұрын
TCM may be a better option than wasting money on western medicine.
@richardsharpe4884
@richardsharpe4884 3 жыл бұрын
China freedom is better than the west i,m from the uk and worked around the world all my life and 20 years ago found my wife when I was working in China. We have a house in China and in the uk. At present we are working and living in Abu Dhabi UAE which is very expensive. When we finish work we plan on moving back to China.
@sparhawk123
@sparhawk123 Ай бұрын
The best government is that the citizen there does not even know there is a government exist and live happily.
@johnlee-lg4hb
@johnlee-lg4hb 3 жыл бұрын
nice video for understanding china real,thank you !
@yaffyqu4499
@yaffyqu4499 3 жыл бұрын
Actually, you can vote, vote for your local administrators, and deputy to the NPC. However people usually are not aware of the procedure, and don't bother, as there is no campaign.
@neiljolliff8170
@neiljolliff8170 3 жыл бұрын
You said it all. Beers are on me Gweilo60 come November 2022 🍻
@Gweilo60
@Gweilo60 3 жыл бұрын
You have no idea how much beer I can actually drink. Sure you can afford that statement?
@neiljolliff8170
@neiljolliff8170 3 жыл бұрын
@@Gweilo60 I've started saving already lol
@sampanvikingonchina2613
@sampanvikingonchina2613 3 жыл бұрын
Raining Cats and Dogs > It is supposed to be an English Corruption of the Norman French for "Raining like a Waterfall" - "Cascade d'eau" In other words the servants mocking the masters.
@megthornton1371
@megthornton1371 3 жыл бұрын
Great oerspective Thank you
@nguyenthiphuonganh
@nguyenthiphuonganh 3 жыл бұрын
China have long-term, multiple entry visa (1-10 years), you can stay up to 6 months (depend on what country you’re from). If you want to stay longer without getting in and out, you can find a part-time job there.
@carlmacintyre9554
@carlmacintyre9554 3 жыл бұрын
If you're 60 or older, you can't get a Z (work) visa and the ten-year, multiple entry visa that I have as a US citizen is only for four months at a time.
@narf0339
@narf0339 3 жыл бұрын
when you need a reason to hate something, you always can find it. just try harder.
@paulwong4203
@paulwong4203 3 жыл бұрын
Donald trump' Theory
@DavidH-pn1ih
@DavidH-pn1ih Жыл бұрын
Do I have to go to china open my bank account in china first, then have my retirement money direct deposit into it?
@thearchitect5632
@thearchitect5632 3 жыл бұрын
What do you think about retiring in Hainan?
@steve44xds
@steve44xds 3 жыл бұрын
My home is Shenyang. Liaoning Province, China
@wintzh2021
@wintzh2021 3 жыл бұрын
Definitely the living cost is cheaper than USA .
@kwok367
@kwok367 3 жыл бұрын
🙏 thank you.
@917amazon
@917amazon 3 жыл бұрын
How much is the housing Nanning ? Like 2bed room apartment under 5 years old bldg , foreigners can stay in China how many months per years? Thank you for your answers.
@anibalsantanderjeria6420
@anibalsantanderjeria6420 3 жыл бұрын
What kind of long term residence permit allows you to stay in China as a foreign retiree?
@sverre371
@sverre371 3 жыл бұрын
Retired or on a fixed income, even a job online, what about the visa terms and conditions, is it back and forth and here and there?
@LEORedSun
@LEORedSun 3 жыл бұрын
America is changing not for the better. The U.S. does have Social security and medical benefits but keep in mind everything is so expensive like rent, medicine, insurance, cost of living, etc. And, not to mention about the crime. Take the NYC subway for example, you have to watch your back constantly and I don't think you have to do that in the subway like China, Hong Kong or Japan.
@markloy2913
@markloy2913 3 жыл бұрын
The main issue is visa. Besides marrying a Chinese woman, what other options does one has if he or she wants to retire in China? Anyone any idea? Thanks.
@dragonfly1414
@dragonfly1414 3 жыл бұрын
I can see myself live in China as a tourist free mind I love my Chinese food, get up in the morning get breakfast go online watching KZbin here and there, after all the hard work I wanted to be able kick back and relax. I'm not a Chinese citizen can I buy a house in china?
@perritsang
@perritsang 3 жыл бұрын
Dragonfly, I don’t think you can own a house as a foreigner in China. Why buy and get stuck in one place? Rent and see if you like it. If not you simply move in the same city or find another place somewhere else. I do the same with cars. I lease my car for 3 years. If I want a different car I just turn it in and get a new one. If I like it, I buy it and keep it until I find a better one.
@Gweilo60
@Gweilo60 3 жыл бұрын
yes foreigners can own a home in China. W do and we are both Canadians
@bananapatch9118
@bananapatch9118 3 жыл бұрын
Why China over Thailand, Vietnam, Malaysia, Ecuador, Colombia, etc ? If I was moving to China to retire....where is a great medium sized city with cool weather ? Thx !
@dantesinferno5075
@dantesinferno5075 3 жыл бұрын
Getting a long term visa in China doesn't seem to be easy to get... can't seem to find much information on the subject. Apparently there are also visas for people of Chinese descent, but the onus is to proof it...no easy task. I would love to spend some of my retirement time in China in the near future, I'm Australian of Chinese ancestry. Could someone please direct me or help me to find any information on getting a visa?
@yannip2083
@yannip2083 3 жыл бұрын
Hello Gweilo 60, Can an American move to China to live long term/retire in China? What visa is available? Thank you so much.
@da7da407
@da7da407 3 жыл бұрын
Love yr video so much
@chunyamng4233
@chunyamng4233 4 ай бұрын
Keep doing what you like ,you make a good career move,I am jealous
@heqiuyisheng911
@heqiuyisheng911 3 жыл бұрын
Yes I ll go back to live in China and back forth to Europe, as I hv family here, I dot want to leave them, but I know I ll enjoy long holidays in China for a month every 2 or 3 months, such exchanging life is very exciting.
@pzink71035
@pzink71035 3 жыл бұрын
No politics. Love it!!😀
@normanlimdo
@normanlimdo 3 жыл бұрын
I suppose nobody from US of A can no longer retire anytime soon in China. Most don't even have a passport. And Texas? Not even a consular service...
@montaguable
@montaguable 3 жыл бұрын
Wish all your videos were like this , like they used to be.
@869964
@869964 3 жыл бұрын
I used to live IN 瑞士花园 about 2 years at 20 years ago. right now i move to NY USA.
@yannip2083
@yannip2083 3 жыл бұрын
How do you find NY compared to where you used to live in China? Pros and Cons?
@chow729
@chow729 3 жыл бұрын
Is there a visa for people wanting to retire in China? If one is not married to a citizen.
@hongweiyu2352
@hongweiyu2352 3 жыл бұрын
Well, I don't know about Canada. But in China, seniors of your age are very many, and many live close to each other in a community. So you don't get bored or lonely as you always have other seniors to hang out with, play chess, pokers, recreational activities in the parks. I bet you saw seniors do many activities in parks. And in case medical emergency, access to medical facilities is efficient.
@Winter1Bird
@Winter1Bird 3 жыл бұрын
Can you use your US healthcare insurance in China?
@kaiulani3044
@kaiulani3044 3 жыл бұрын
How do you get your prescription drugs filled? Do you get reimbursed by your health plan?
@Gweilo60
@Gweilo60 3 жыл бұрын
We just pay for them. Cost is minimal
@nguyenthiphuonganh
@nguyenthiphuonganh 3 жыл бұрын
Mary Ka’iulani Ori Ann Li Medicines are kind of ‘beans’ price in Asia. I never needed a prescription to buy medicine there. The deductibles you pay in the West actually cost more than the drugs. In Vietnam, My dogs had parvo virus. The cost for treatment at VET there was 2$ a day (including medicine and fluid).
@LarryWu-es7nc
@LarryWu-es7nc 3 жыл бұрын
@@nguyenthiphuonganh , Here in north America, I just went to a vet for my puppy to have checkup and vaccines, the total cost is $265 usd. Gosh...
@nguyenthiphuonganh
@nguyenthiphuonganh 3 жыл бұрын
Larry Wu I took my dogs to the VET run by government so it was cheaper than the private ones. But still, private sector is cheap too. I don’t know about the cost nowadays, but my dad went to a private hospital (without insurance) for ‘kidney stone laser treatment’ in 2008, they charged him 250 USD for 2 days there. In 2018, my brothers had heart surgeries, because he demanded extra services, his insurance just paid 60% of the cost, he paid 5,000USD out of pocket cost for 2 heart surgeries.
@LarryWu-es7nc
@LarryWu-es7nc 3 жыл бұрын
@@nguyenthiphuonganh , yes, very cheap in southeast Asia country. Decide to retire in Taiwan.
@riko-sc6pn
@riko-sc6pn 3 жыл бұрын
Marxist economy/society is better suited for retirees. In Carl Marx's writing, socialism was build on top of a mature capitalistic society where productivity has highly evolved, and ownership has highly concentrated. In his later years, he had doubts that Lenin could bypass the capitalism stage in a soviet Russia with large undeveloped rural population, and still succeed with communism. I think history answered that question. China knows that socialism is all about the distribution of wealth to the society ie managing the demand in Keynesian economics. Therefore, China will encourage enough capitalism to generate the necessary weath to provide the supply. The State-Owned-Enterprises (SOE) are a hybrid of the two - a necessary buffer. When supplies go down like now, SOE will splinter off into more productive private enterprises. As supplies go into excess like the last few year, SOE will help cushion the economic slowdown by absorbing unemployment and inflation. This is the reason why China didn't experienced a harsh recession post 2008 and won't after covid-19. That is the strength and resilience of Xi's Marxist economy model (Xionmics) and the essential role that SOE plays. As a retiree who has done his part in accumulating wealth for the society, China's social services and higher quality of life for the average seniors are particularly attractive. Canada, are you listening?
@nanningteas
@nanningteas 3 жыл бұрын
Hi brother, we still can't get there. stuck here in the USA until we don't know when.
@JM-id4nm
@JM-id4nm 3 жыл бұрын
Is there Capital Gain Tax in China? anyone knows? - thanks for sharing
@patriciaaugustine2521
@patriciaaugustine2521 2 жыл бұрын
Bitcoin again sky rocket above $50k. By Dec btc ’d hits $100k. Buying cryptocurrencies is good they're a huge help down the road to earn.
@dragonfly02490
@dragonfly02490 3 жыл бұрын
Electrotherapy for muscles? This is something new that I learn today.
@Gweilo60
@Gweilo60 3 жыл бұрын
Transincontanious neural simulator
@dragonfly02490
@dragonfly02490 3 жыл бұрын
@@Gweilo60 Thanks.
@jianpingpratt2464
@jianpingpratt2464 Жыл бұрын
Love what you said in this video!We are thinking about BeiHai, what do you think?
@davidhoyh
@davidhoyh 3 жыл бұрын
Does China issue retirement visa?
@sikampret5125
@sikampret5125 3 жыл бұрын
LOL like my country, I vote every president election but I always got the same Sh”t of each president. Nothing much change.
@larryli1432
@larryli1432 3 жыл бұрын
You are not old. You are healthy and strong. Keep drinking a little baijiu and beer. You can live 5 minuets to forever.
@trianglestomache6353
@trianglestomache6353 2 жыл бұрын
i wish i could live in China, a very peaceful wonderful beautiful nice country . Maybe i can start a business there and employ some Chinese workers, and contribute to China, and stay there happily. Hope for the best
@robertrishworth6379
@robertrishworth6379 3 жыл бұрын
I love China, after spending a little time there it made the USA seems old, run down & expensive. Life would be great if I could speak Mandarin
@chunyamng4233
@chunyamng4233 4 ай бұрын
That is right the people are nice no doubt about it 。Chinese people only mind their own business
@willesuen109
@willesuen109 3 жыл бұрын
you have amazing retired life in China.
@unitedsnakes3081
@unitedsnakes3081 3 жыл бұрын
Gweilo 60 , why didn't you take a umbrella ? it rains often in NanNing summer time
@thearchitect5632
@thearchitect5632 3 жыл бұрын
some people don't mind the rain.. like me..
@wunxue
@wunxue 3 жыл бұрын
Gweilo, the background noise is really high. If you can use a headphone, I think the effect will be much better.
@timeseeker-op8zg
@timeseeker-op8zg 3 жыл бұрын
Good morning Kirk, congratulation to you and your wife/Wei Fong for getting the resident permit. You should start a Immigration consultant firm for foreigners. My guess is after the travel restriction is over, there will be many business in this area. Have a nice weekend. PS: I will be one of your clients.
@tony3003001
@tony3003001 3 жыл бұрын
it is possible that people that used to live in the city loves living in the rural area, vice versa.
@naimulhaq9626
@naimulhaq9626 3 жыл бұрын
Living a retired life in China, inexpensive, no politics, no tax, good food, happy people, no tension, universal health care.
@larry3710
@larry3710 3 жыл бұрын
can you still get your CPP and OAS ?
@Gweilo60
@Gweilo60 3 жыл бұрын
yes cpp is insurance that i paid into and OAS is based on how many years spent in Canada after your 18th birthday. if you have 40 years then you max out
@MrDsnc
@MrDsnc 3 жыл бұрын
Still get your cpp but lose OAS
@chengevan3979
@chengevan3979 3 жыл бұрын
Medical condition is supposed one of the consideration whilst considering retire in China.
@ytbvniu
@ytbvniu 3 жыл бұрын
Enjoy retire life in China.I am struggling now after 5 more year working in Vancouver to be retire life.
@huahuajieshuo
@huahuajieshuo 3 жыл бұрын
It's not property tax, it's rental fee. If you don‘’t pay gov rent, they keep you out.
@play362
@play362 3 жыл бұрын
Where to retire is not a problem for you, if I buy a house in Victoria or Nanaimo , to collect enough down payment is a huge difficulty.
@terencewong-lane4309
@terencewong-lane4309 3 жыл бұрын
I wonder how hard it is for a retiree to learn a new language at a relatively advanced age?
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