I was always taught that you are never supposed to invest in real estate in a foreign country. The laws can change any time. Everyone I know just rents out their house in their home country and uses that rent money to pay their rent in a foreign country, all the while your home is going up in value. My house went up 6 times in value from 2006-2012. That's what I'll be doing in December.
@@mylifethaidiy7045in cambodia you can buy condo or apartment as long as it isn't a property on landlots. But I'll be different if you married a cambodian citizen but that'll be a big commitment. Just check with realtor for detail beside doing your own research. Best wishes 🤞
Cambodia looks great for retirement. As with all Asian countries there is always the worry about rules changing under you. But look at the UK, taxes coming out of no where and a lack of concern from the Government about the cost of living struggles for regular citizens. China is attractive if you have a Green card particularly in second tier cities where they have been over building so prices are cheaper and its therefore quieter in the apartments with less people in each building. Food is horrible in China and I never eat out ever. So we buy online, but I am not typical since I eat once a day and track my macros (protein/calories). This means that China is ideal since you are never tempted to eat out so save money and its better for you if you tend to put weight on. Japan is a lovely country to visit but expats can't retire there and the working conditions are awful.
I'd be for just renting. It's cheap enough to rent and your free to move around if your dissatisfied for any reasons ? -- Sounds like a good life for little money - and - we don't need snow tires there either do we ? -- I'd like a Bajaj RE 3 wheel tuk tuk instead of a scooter for transportation. Should be possible to own one of them ?
The snow tires was a joke - but many expats in the Philippines own Tuk Tuk's - even have a club ! Travel the islands long distances - ferries / hotels with overnighters at the various beaches.......?Maybe I'll ask Claire to look into it there ? May be a deal braker for me. Better transportation in my mind than a scooter for hauling things / groceries & when it rains - just local use for me - transportation and local exploring. -?-@@jamesncooper
I was always taught that you are never supposed to invest in real estate in a foreign country. The laws can change any time. Everyone I know just rents out their house in their home country and uses that rent money to pay their rent in a foreign country, all the while your home is going up in value. My house went up 6 times in value from 2006-2012. That's what I'll be doing in December.
Thinking of doing this with my House as an HMO when my children are older 👍
@@jakespeed6515 My buddies hire the realtor to rent out their house for them. She charges them 10% of the rent check in California.
@@mylifethaidiy7045in cambodia you can buy condo or apartment as long as it isn't a property on landlots. But I'll be different if you married a cambodian citizen but that'll be a big commitment. Just check with realtor for detail beside doing your own research. Best wishes 🤞
Cambodia is like Thailand 20 years ago? If that’s the case, it’s the place to be. 👍
I ARGEE 100%
Thank you James
Thanks James for the video with good info !
No worries!
Thank you for championing Cambodia.
Always welcome
GREAT VIDEO for RETIRED EXPATS looking at CAMBODIA as a RETIREMENT OPTION!
Glad it was helpful!
Cambodia looks great for retirement. As with all Asian countries there is always the worry about rules changing under you. But look at the UK, taxes coming out of no where and a lack of concern from the Government about the cost of living struggles for regular citizens. China is attractive if you have a Green card particularly in second tier cities where they have been over building so prices are cheaper and its therefore quieter in the apartments with less people in each building. Food is horrible in China and I never eat out ever. So we buy online, but I am not typical since I eat once a day and track my macros (protein/calories). This means that China is ideal since you are never tempted to eat out so save money and its better for you if you tend to put weight on. Japan is a lovely country to visit but expats can't retire there and the working conditions are awful.
Good video James. What city did you retire in?
Certainly tempting, if only I was a bit younger….
I'd be for just renting. It's cheap enough to rent and your free to move around if your dissatisfied for any reasons ? -- Sounds like a good life for little money - and - we don't need snow tires there either do we ? -- I'd like a Bajaj RE 3 wheel tuk tuk instead of a scooter for transportation. Should be possible to own one of them ?
no snow tires.. a bajaj tuk... i don't think u can unless its in use for a business
The snow tires was a joke - but many expats in the Philippines own Tuk Tuk's - even have a club ! Travel the islands long distances - ferries / hotels with overnighters at the various beaches.......?Maybe I'll ask Claire to look into it there ? May be a deal braker for me. Better transportation in my mind than a scooter for hauling things / groceries & when it rains - just local use for me - transportation and local exploring. -?-@@jamesncooper
CAMBODIA has THE EASIEST LONG-TERM VISA options in SOUTH-EAST ASIA > HANDS DOWN!