9 Countries to Retire on a Small Pension, Social Security, or With Very Little Money

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  • Опубликовано: 23 ноя 2024

Комментарии • 2,3 тыс.

  • @RaymondCore
    @RaymondCore Год назад +476

    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
      @philliproberts7294 Год назад +18

      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
      @RootBeerGMT Год назад +8

      Tell us more as to your experience with house buying and the living expenses, please.

    • @monke5004
      @monke5004 Год назад +19

      Stop telling everybody i wont be able to afford it when i retire damnit

    • @Swearengen1980
      @Swearengen1980 Год назад +7

      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
      @sooky2253 Год назад +15

      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
    @bernardsebranek1963 Год назад +134

    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
      @irisbaez1972 Год назад +9

      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
      @petec5935 Год назад +10

      Enjoy those mosquitos!

    • @HectorGarcia-nb2ld
      @HectorGarcia-nb2ld 9 месяцев назад +2

      Can’t deal with the horrible language

    • @StrakhotTheCat
      @StrakhotTheCat 9 месяцев назад

      @@irisbaez1972 stop believing US propaganda

    • @cubanalibre8584
      @cubanalibre8584 8 месяцев назад

      @@irisbaez1972no safe !!! I escape from Cuba, Daniel Ortega is a dictator

  • @PMLynch
    @PMLynch Год назад +152

    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
      @DuveeDavis Год назад +2

      Thanks bro internet is confusing thanks for clearing that up

    • @peterhannon9972
      @peterhannon9972 Год назад +1

      Sír can you expand on the military service comments you made. I wasn't aware of any concessions as I'm ex military

    • @PMLynch
      @PMLynch Год назад

      @@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
      @KB3TLE Год назад +1

      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
      @kennetharntson5912 Год назад +3

      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.

  • @davidramsy3048
    @davidramsy3048 Год назад +49

    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
      @kavithaganesan-y1l Год назад +3

      it's nice to hear ❤I'm planning to visit thailand soon.

    • @ganymeade5151
      @ganymeade5151 8 месяцев назад +3

      Hope they have good nursing homes to care for the elderly.

    • @letzgow6110
      @letzgow6110 5 месяцев назад

      @@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

    • @brettfairweather5609
      @brettfairweather5609 Месяц назад

      how do you start to get retirement visa for Thailand I'm clueless and restricted too a small Canadian pension

    • @davidramsy3048
      @davidramsy3048 Месяц назад

      @@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.

  • @xbioman7882
    @xbioman7882 Год назад +211

    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
      @davidsheriff8989 Год назад +17

      Yes this would be my second choice...I left UK to live in Brasil..

    • @JamaicanCarioca
      @JamaicanCarioca Год назад +17

      One of the highest murder rates in the world

    • @jm-bv1wh
      @jm-bv1wh Год назад

      @@JamaicanCarioca Better off dead than poor and on the street..

    • @bernardbarbour
      @bernardbarbour Год назад +12

      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
      @joywalkertalks Год назад

      What about couples income?

  • @mylifethaidiy7045
    @mylifethaidiy7045 Год назад +114

    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
      @jerseyboy1791 Год назад +10

      A one year Visa in Cambodia is not $180 .. is now like $300 !!

    • @mylifethaidiy7045
      @mylifethaidiy7045 Год назад +40

      @@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.-
      @-.John.Doe.- Год назад +4

      Do they require Covid vax for the residents?

    • @mylifethaidiy7045
      @mylifethaidiy7045 Год назад +7

      @@-.John.Doe.- I don't think so

    • @-.John.Doe.-
      @-.John.Doe.- Год назад +11

      @@mylifethaidiy7045 awesome. I'm gonna move from Indonesia for that very reason. Too much vax pressure from the government.

  • @ExxonMobilCompany
    @ExxonMobilCompany Год назад +212

    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
      @charlotteflair1043 Год назад +5

      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
      @marcelrobert9569 Год назад +3

      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
      @obodoaghahenry9297 Год назад +2

      @@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
      @marcelrobert9569 Год назад +3

      @@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
      @robertlucas8288 Год назад +1

      @@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.

  • @topplacetoLive
    @topplacetoLive 8 месяцев назад +4

    Planning retirement on a budget? These insights are gold. It's about smart choices, not just money

  • @bernardbarbour
    @bernardbarbour Год назад +64

    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
      @BOULDERGEEK Год назад +2

      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
      @JenniferThornburg1 Год назад +3

      I'd like to know more. I'm a vet and looking fo a place to retire.

    • @bernardbarbour
      @bernardbarbour Год назад +6

      @@JenniferThornburg1 after having lived in Mexico 🇲🇽, Central America and South America, Colombia 🇨🇴 has proved the best for me.

    • @buckchile614
      @buckchile614 Год назад +11

      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
      @ninawood6736 Год назад +1

      ​@@buckchile614 Do you speak Spanish? I don't, so is it ok to retire there?

  • @jayhizzle5765
    @jayhizzle5765 Год назад +24

    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
      @davidmcneilly1010 Год назад +2

      Completely agree. Getting more and more expensive

    • @Blueskies1180
      @Blueskies1180 Год назад +1

      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
      @Blueskies1180 Год назад

      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.

    • @antoniiocaluso1071
      @antoniiocaluso1071 6 месяцев назад

      @@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! :-)))

    • @kevinadams9468
      @kevinadams9468 2 месяца назад

      Can you keep posting and pasting that for the fools that keep thinking it is 1964 and not 2024??? Many thanks.

  • @jw_nomad
    @jw_nomad Год назад +28

    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
      @maggiegrl6068 Год назад +2

      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.

    • @zucchina24
      @zucchina24 5 месяцев назад

      Learn the local language!

    • @elishavarivka8923
      @elishavarivka8923 Месяц назад

      Hermit sounds good

  • @billvegas8146
    @billvegas8146 2 года назад +47

    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.

    • @NickDemski
      @NickDemski  2 года назад +4

      Yeah, we all need doctors! This can be especially tricky for people who require specialists...

    • @billvegas8146
      @billvegas8146 2 года назад +2

      @@jeffmoodie6144 Everyone needs healthcare. Even healthy people.

    • @robfromvan
      @robfromvan Год назад +4

      Or eat healthy!!!

    • @immelting9834
      @immelting9834 Год назад +9

      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
      @jm-bv1wh Год назад +7

      @@robfromvan If you get hit by a bus, the bus doesn't care about your diet.

  • @swn69
    @swn69 2 года назад +41

    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.

    • @NickDemski
      @NickDemski  2 года назад +10

      Proud of you for learning Tagalog language even though English is so prevalent there 👏👏👏

    • @HectorGarcia-nb2ld
      @HectorGarcia-nb2ld 9 месяцев назад

      95% of the people there speak English

  • @theenergizer248
    @theenergizer248 Год назад +102

    I live in New Zealand. Don't retire here, we are outrageously expensive!

    • @NickDemski
      @NickDemski  Год назад +7

      How much for a hobbit hole?

    • @NickMukhin
      @NickMukhin Год назад +5

      So why you don't move to less expensive place?

    • @philliproberts7294
      @philliproberts7294 Год назад +12

      Or Australia old age pension in Australia is below poverty

    • @albundy3696
      @albundy3696 Год назад +3

      I seen actually many New Zealanders imigrating to Australia wast numbers . no wonder .

    • @paulandersen8396
      @paulandersen8396 Год назад

      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??

  • @danor6812
    @danor6812 Год назад +38

    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
      @thomaspemrich1441 Год назад +1

      Where R U currently staying here.. I'm Bacolod

    • @eddieBoxer
      @eddieBoxer Год назад +5

      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
      @answerman9933 Год назад +34

      @@eddieBoxer If you feel this way, why did you even bother to watch the video?

    • @eddieBoxer
      @eddieBoxer Год назад +1

      @@answerman9933 Because I like to watch stupidity on line, I learn from garbology.

    • @answerman9933
      @answerman9933 Год назад +11

      @@eddieBoxer And you are also a wiling participant.

  • @420Jon69
    @420Jon69 Год назад +34

    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
      @enviro-best2175 Год назад +1

      Where can one see or access your videos?

    • @druryaustin
      @druryaustin Год назад

      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
      @druryaustin Год назад +1

      Subscribed

    • @BoldlyExplore
      @BoldlyExplore Год назад

      Yep share links to your videos

    • @420Jon69
      @420Jon69 Год назад +1

      @@druryaustin Costa Rica sounds like what you’re describing. Jaco is perfect for that

  • @markledesma2396
    @markledesma2396 2 года назад +28

    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.

    • @janettedavis6627
      @janettedavis6627 2 года назад +3

      Sounds Just what I need tell us more.

    • @jerrymylove1754
      @jerrymylove1754 2 года назад +5

      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_agogo
      @alice_agogo 2 года назад +1

      @@janettedavis6627 there tons of Westerners vlogging about the Philippines. A lot of them have covered this.

  • @archeewaters
    @archeewaters Год назад +5

    omg i went to mauritius last year for a vacation and it's paradise

  • @mariusnel8129
    @mariusnel8129 Год назад +22

    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
      @myendlesslove5120 Год назад +8

      Pay a visit and then decide if its the place for you.

    • @davidnobular9220
      @davidnobular9220 Год назад

      But....no cricket !!!

    • @ganymeade5151
      @ganymeade5151 8 месяцев назад

      Phillippines reportedly takes good care of elders in nursing homes.

  • @fbi805
    @fbi805 Год назад +15

    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
      @ravenlorans Год назад

      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. )

    • @teriwellborn165
      @teriwellborn165 8 месяцев назад

      China and ccp is too close

    • @Anon1370
      @Anon1370 6 месяцев назад

      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

  • @daniellewiesztort3422
    @daniellewiesztort3422 Год назад +10

    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
      @jmarie7405 Год назад

      6 figures in the bank?!!!

  • @bigmikessenioradventures
    @bigmikessenioradventures Год назад +19

    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!

  • @gillianmilne8364
    @gillianmilne8364 Год назад +5

    If you plan on retiring any where in the world the best source of information is to research that countries government website.

  • @shannonelliott9230
    @shannonelliott9230 3 дня назад +1

    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.

  • @richard135b7
    @richard135b7 Год назад +36

    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
      @NickDemski  Год назад +2

      My pleasure! Thanks for sharing your thoughts 😊

    • @eddieBoxer
      @eddieBoxer Год назад +4

      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
      @nikkster01 Год назад +7

      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
      @eddieBoxer Год назад +2

      @@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
      @maggiegrl6068 Год назад +5

      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.

  • @bootmender
    @bootmender Год назад +17

    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
      @NickDemski  Год назад +2

      living the dream! do you still fly at all?

    • @bootmender
      @bootmender Год назад +10

      @@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
      @schwartzenheimer1 Год назад +1

      And I was, uh, ruler of Britannica, along with my wife, Morgan Fairchild - yeah, that's the ticket! (sorry,Jon...)

    • @MinKim-cv9ee
      @MinKim-cv9ee Месяц назад

      if you give up US citizenship, do you still get social security payments???

  • @jstevens501
    @jstevens501 Год назад +29

    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
      @jonathanmccarthy6126 Год назад +3

      Great point, thank you.

    • @NickDemski
      @NickDemski  Год назад +3

      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
      @soulshine8531 Год назад +7

      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
      @timisaac8121 Год назад +2

      @@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
      @timisaac8121 Год назад +1

      @@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.

  • @corvettelover1657
    @corvettelover1657 2 года назад +11

    I am Costarican live in USA 🇺🇸 but going home as soon I can pura vida

    • @NickDemski
      @NickDemski  2 года назад +1

      pura vida mae...que le vaya bien

    • @jamesparnell1131
      @jamesparnell1131 2 года назад +1

      Way too expensive.

    • @corvettelover1657
      @corvettelover1657 2 года назад

      @@NickDemski y tu donde vives ?

    • @corvettelover1657
      @corvettelover1657 2 года назад

      Palm Beach island 🏝 Florida
      Just down the road from Trump

    • @PAPITO_49
      @PAPITO_49 Год назад +1

      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"

  • @lindamorgan2678
    @lindamorgan2678 Год назад +28

    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
      @thomaspemrich1441 Год назад +5

      Yes why live your life style when simplicity is best. If been here 3.5 years in Philippines.

    • @harryeisermann2784
      @harryeisermann2784 Год назад +1

      indonesia is nicer Nature and culture, but terrible Language problems, visa etc PH certain easier, food is nicer in Bali , hahaha

    • @davidnobular9220
      @davidnobular9220 Год назад +1

      @@harryeisermann2784 I hear the hottest curries are in Jogjakarta....

    • @harryeisermann2784
      @harryeisermann2784 Год назад +1

      @@davidnobular9220 Curry in indo
      called Sambals, very yummy, Bali has a good Javanese cuisine, Balinese is very hot spice too ....yummy

  • @Ggdivhjkjl
    @Ggdivhjkjl 2 года назад +54

    From this video:
    1) Mexico
    2) Costa Rica
    3) Panama
    4) Ecuador
    5) Argentina
    6) Nicaragua
    7) The Philippines
    8) Thailand
    9) Mauritius

  • @Donnie-Lee-Gringo
    @Donnie-Lee-Gringo 2 года назад +9

    The Ecuador retirement visa income requirement has been raised to $1275 in 2022

    • @Mayita19G
      @Mayita19G Год назад

      Is a very dangerous country kidnapped and drugs

    • @eddieBoxer
      @eddieBoxer Год назад

      Go to China and visit Mr. Ping aka baby Panda he'll give you a good place to live, Wuhan lab.

  • @taurusthebull76
    @taurusthebull76 Год назад +10

    Videos like this are great! It shows people there are options out here!

  • @AllAboutLifeInThailand
    @AllAboutLifeInThailand 2 года назад +54

    12 years ago, I chose Thailand, specifically, Chiang Rai, and I have never regretted my choice.

    • @porkchopspapi5757
      @porkchopspapi5757 2 года назад

      What do you have to do to stay in Thailand year after year?

    • @AllAboutLifeInThailand
      @AllAboutLifeInThailand 2 года назад

      @@porkchopspapi5757 you need to renew your visa annually.

    • @porkchopspapi5757
      @porkchopspapi5757 2 года назад

      @@AllAboutLifeInThailand you don't have to leave the country every 6 mos?

    • @AllAboutLifeInThailand
      @AllAboutLifeInThailand 2 года назад +1

      @@porkchopspapi5757 On a retirement visa, one never has to leave the country.

    • @porkchopspapi5757
      @porkchopspapi5757 2 года назад

      @@AllAboutLifeInThailand How much $ does that cost?

  • @kokolanza7543
    @kokolanza7543 6 месяцев назад +2

    Great information, delivered straightforwardly without any cute or clever comments. Thank you!

  • @danpost4755
    @danpost4755 Год назад +26

    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
      @sterlingarcher1962 Год назад +7

      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
      @AliceR27 Год назад

      Because he is so young. LoL

  • @dlg5485
    @dlg5485 Год назад +22

    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
      @Joa-y4y Год назад

      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
      @Joa-y4y Год назад

      Correct over paying and selling also the tourists excepting high for products, food and other stuff!

    • @janesimply1363
      @janesimply1363 6 месяцев назад +1

      @@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

  • @boonyaveepunja6957
    @boonyaveepunja6957 2 года назад +97

    Check out Thailand. People are friendly, food is yummy, weather is warm, medical is great! It’s a very beautiful country!

    • @joeblow9126
      @joeblow9126 2 года назад +2

      I agree
      Lower crime
      Few security guards
      Lower poverty
      Cleaner less expensive high quality
      Why retire to a slum full of beggars?

    • @Daoistify
      @Daoistify 2 года назад +11

      I’d be broke spending my money on Thai bar girls and soapies 🙊

    • @genericdeveloper3966
      @genericdeveloper3966 2 года назад +8

      @@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.

    • @joeblow9126
      @joeblow9126 2 года назад +9

      @@genericdeveloper3966 yes but nowhere near the Philippines level and it isn't grinding or filthy

    • @joeblow9126
      @joeblow9126 2 года назад

      @@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

  • @howardthrongard640
    @howardthrongard640 2 года назад +13

    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.

  • @jaymo8206
    @jaymo8206 2 года назад +3

    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.

    • @NickDemski
      @NickDemski  2 года назад +1

      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
    @JustMe99999 Год назад +26

    Costa Rica is a great option. Really safe country, very English-friendly... great people.

  • @shadowfilm7980
    @shadowfilm7980 Год назад +56

    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
      @eddieBoxer Год назад +8

      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
      @eddieBoxer Год назад +18

      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
      @johntaylor4817 Год назад +5

      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
      @williamkazak469 Год назад +4

      @@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
      @johntaylor4817 Год назад +5

      @@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.

  • @selwyncallender399
    @selwyncallender399 Год назад +5

    Great video but a lot of these financial requirements have changed, it would be great if you would do an update video.

    • @NickDemski
      @NickDemski  Год назад +2

      Yes they have, I’ve been pondering doing an update so thank you for the encouragement 🙏

  • @JAHDUBProductions
    @JAHDUBProductions Год назад +6

    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
      @NickDemski  Год назад +2

      I love Thailand. It's the perfect amount of wild.

    • @JAHDUBProductions
      @JAHDUBProductions Год назад +1

      @@NickDemski nice. That's what I'm talking about.

    • @angelstar7656
      @angelstar7656 Год назад +2

      I'm curious; what do you mean by "how strict and how wild..." and why Mauritius?

  • @tombrenes2411
    @tombrenes2411 2 года назад +5

    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

    • @NickDemski
      @NickDemski  2 года назад +3

      I like Nicaragua too… Ometepe is one of my favorite places in the world

  • @mukhumor
    @mukhumor 2 года назад +16

    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'.

    • @NickDemski
      @NickDemski  2 года назад +1

      It's very unfortunate when retirement doesn't work out

    • @John-gu7vx
      @John-gu7vx 2 года назад +3

      Brexit times that changed

    • @mukhumor
      @mukhumor 2 года назад

      @@John-gu7vx Huh?

    • @John-gu7vx
      @John-gu7vx 2 года назад +4

      @@mukhumor a lot of Brits now have problems with residency 90 day stay NIE paper work etc

    • @mukhumor
      @mukhumor 2 года назад

      @@John-gu7vx Cheers John. That makes more sense than your first comment.

  • @nickbellomo3362
    @nickbellomo3362 2 года назад +22

    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

    • @NickDemski
      @NickDemski  2 года назад +7

      Isn't it wild? 10 months of rent in Thailand = 1 month in Florida.

    • @vaibjsjd
      @vaibjsjd Год назад

      That would be great you save a lot of money for more adventurous life good food and beautiful people. 👍

    • @ahdiex7363sha
      @ahdiex7363sha Год назад

      where hua hin? further south how do u find rentals?

    • @ahdiex7363sha
      @ahdiex7363sha Год назад

      ​@@NickDemski what do u use to find rentals there

    • @rinarina5799
      @rinarina5799 Год назад

      @@NickDemski the air quality is the worst

  • @allanbalbuena3659
    @allanbalbuena3659 Год назад +6

    Between Philippines and Thailand , Philippines is better because they speaks English , no problem with Communication . You have 7640 Islands to choose to live.

  • @frankiejohnson2343
    @frankiejohnson2343 Год назад +5

    How about Cambodia, Laos and Vietnam???

  • @tonyd2353
    @tonyd2353 11 месяцев назад +2

    Nice video. I would like to hear more about medical services in the countries that you mentioned.

  • @Moose990
    @Moose990 3 месяца назад +1

    I've been looking at Costa Rica.Thank you for the info.😊

  • @lars7411
    @lars7411 2 года назад +20

    WRONG ON MEXICO: $2400 per month is required now.

    • @NickDemski
      @NickDemski  2 года назад +5

      It depends on which consulate you talk to. They all have different requirements.

    • @lars7411
      @lars7411 2 года назад

      @@NickDemski What is the range?

    • @NickDemski
      @NickDemski  2 года назад +3

      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
      @soulshine8531 Год назад +1

      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
      @albundy3696 Год назад

      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 .

  • @williamhartz8707
    @williamhartz8707 Год назад +10

    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
      @NickDemski  Год назад +4

      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
      @nct948 Год назад +2

      I agree, that would be a major decision factor.

    • @timmyhiggins5220
      @timmyhiggins5220 Год назад +1

      Malaysia has great medical care

  • @ValetteRenoux
    @ValetteRenoux Год назад +7

    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
      @420Jon69 Год назад +1

      You can’t trust all the stuff you see on RUclips. Many don’t fact check and then say things like they are facts haha

    • @marioalmozara7993
      @marioalmozara7993 Год назад +3

      Probably the 5th largest English speaking country?

  • @domenicovolpe8735
    @domenicovolpe8735 6 месяцев назад +1

    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.

    • @NickDemski
      @NickDemski  6 месяцев назад

      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?

  • @carrief4371
    @carrief4371 Год назад +8

    Really Great! (And I watch a lot of these videos!). Well organized and answered my questions. Thank you!

  • @user-ki8ls5fl9d
    @user-ki8ls5fl9d 2 года назад +47

    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.

    • @NickDemski
      @NickDemski  2 года назад +14

      As long as retiring in these places is less expensive than retiring in one's home country, they remain viable in my mind 😊🙌

    • @user-ki8ls5fl9d
      @user-ki8ls5fl9d 2 года назад +7

      @@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.

    • @NickDemski
      @NickDemski  2 года назад +2

      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?

    • @longbeach225
      @longbeach225 2 года назад +12

      @@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-o5439
      @blocboi-o5439 2 года назад +13

      @@longbeach225 in other word, foreigners has ruined many great opportunities, by taking advantage and taking for granted these beautiful countries?

  • @reclaimingminds2811
    @reclaimingminds2811 Год назад +3

    Thank you for this video, it was very informative ❤

  • @TheAlchemist11
    @TheAlchemist11 5 месяцев назад +2

    It would be a nice thing to update this video now 2024

  • @schwartzenheimer1
    @schwartzenheimer1 Год назад +1

    And, in spite of my Thailand rant, thank you for the rest of your video, a lot of good, useful info there...

  • @jione8722
    @jione8722 2 года назад +7

    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.

    • @yankee7664
      @yankee7664 2 года назад +3

      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 )...

    • @karenvonbargen4472
      @karenvonbargen4472 Год назад +1

      Costa Rica costs are similar to those in California, definitely not cheap

    • @JhonFinancial
      @JhonFinancial Год назад +3

      check out Colombia... if you have a pension of about $750 USD you can live very comfortable in a main city like Medellin.

  • @jpb4264
    @jpb4264 2 года назад +5

    Paraguay, even cheaper for Americans with regards to requirements.

    • @NickDemski
      @NickDemski  2 года назад +3

      look for it in part 2 of this video, upcoming!

  • @josiahjohnson2515
    @josiahjohnson2515 Год назад +2

    Excellent vid! You save us research time when you mention how much pension income required, well done, thank you!

    • @NickDemski
      @NickDemski  Год назад

      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

  • @philipem1000
    @philipem1000 9 дней назад

    *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.

  • @YogaHippie70
    @YogaHippie70 4 месяца назад +1

    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. ✌🏼

    • @NickDemski
      @NickDemski  3 месяца назад +1

      thanks for sharing! im gonna scold my friend who lived in Boquete and promised me it was super quiet

  • @maureenhenderson720
    @maureenhenderson720 Год назад +23

    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
      @gbone7581 Год назад +1

      @@ChanaElisheva Timbuktu is closed to the UK than Mauritius.

    • @eddieBoxer
      @eddieBoxer Год назад +3

      @@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
      @nopenever6214 Год назад +1

      ​@@ForAndroid101 You must live up north.

    • @Cloony4u
      @Cloony4u Год назад

      @@ForAndroid101 hahahaha👍

    • @Cloony4u
      @Cloony4u Год назад +3

      im fed up with just about everything in uk.and its march and still snowing😭

  • @andrewbowlgarte4738
    @andrewbowlgarte4738 Год назад +10

    Funny how people think 1000- 2000$ per month is cheap, when sustainable non debter can live for 5,000 - 6,000$ per year

    • @fishmongerama
      @fishmongerama 8 месяцев назад

      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?.

    • @andrewbowlgarte4738
      @andrewbowlgarte4738 8 месяцев назад

      @@fishmongerama you need to comprehend the meaning and how to of being and not taking part , aka non debtor sustainable way of life

    • @andrewbowlgarte4738
      @andrewbowlgarte4738 8 месяцев назад

      @@fishmongerama knowledge and self creation

    • @fishmongerama
      @fishmongerama 8 месяцев назад

      @@andrewbowlgarte4738 Explain it in a clear,straightforward and simplified way for a layman like myself to fully understand.

  • @JimmyLovesMundo
    @JimmyLovesMundo Год назад +7

    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
      @NickDemski  Год назад +3

      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
      @mariagrobler837 Год назад +1

      Mauritius is very expensive to live in🤦‍♂️ a friend of mine lives there

  • @christaprice5393
    @christaprice5393 Год назад +15

    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
      @jeppe2737 Год назад +11

      You would just need to prove it. The money is yours to spend.

    • @jeppe2737
      @jeppe2737 Год назад +4

      And it is for an individual person

    • @NickDemski
      @NickDemski  Год назад +19

      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
      @johnmurphy9550 Год назад +1

      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
      @theresam567 Год назад +1

      @@NickDemski Unlike the US. 😡

  • @davidheyes4771
    @davidheyes4771 Год назад +1

    Very interesting video, thanks for sharing, some good options there, regards from England 🍺🍺👍

  • @cnyra2653
    @cnyra2653 2 года назад +8

    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?

    • @NickDemski
      @NickDemski  2 года назад +3

      Nothing wrong with Colombia, I love it there. It will appear in part 2 of this video!

    • @nala3038
      @nala3038 2 года назад +3

      Don’t think I want to live in any countries filled with drug cartels

    • @williamshaw8106
      @williamshaw8106 2 года назад

      Income tax is high!! I already looked.

    • @Timithos
      @Timithos Год назад +4

      @@nala3038 Doesn't everyone love the opinions that are 30 years behind the times?

    • @joselassalle4958
      @joselassalle4958 Год назад +9

      @@nala3038 well, you live in the country with the most drug consumers, don't you?

  • @AmazingPhilippines1
    @AmazingPhilippines1 2 года назад +19

    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.

  • @dlewis895
    @dlewis895 2 года назад +11

    MEXICO COSTS $2600/MOS IN 2022 HUGE INCREASE WHYYYY BLOCK SO MANY SENIORS OVER 65 AND UP

    • @NickDemski
      @NickDemski  2 года назад +4

      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.

    • @steffanhoffmann8937
      @steffanhoffmann8937 2 года назад

      @@NickDemski looking forward to it.
      Or did I miss it?
      Thx mate 🇬🇧🇺🇲

    • @paranoidandroid6711
      @paranoidandroid6711 2 года назад

      They want people to spend money.

  • @mariojsworld
    @mariojsworld Год назад +1

    Greetings from Switzerland. Nicely presented video.

    • @NickDemski
      @NickDemski  Год назад

      Hey thanks! I hope to visit your country some day 🙌

  • @poldariser8686
    @poldariser8686 Год назад +1

    Thanks for the video, I'm currently looking for a country to retire. Anywhere but the DSA!

  • @pelipequi1493
    @pelipequi1493 Год назад +3

    I am moving to Uruguay when I retire.

  • @beehive5835
    @beehive5835 2 года назад +24

    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.

    • @NickDemski
      @NickDemski  2 года назад +3

      I'll be posting a part 2 to this video soon...you may see some of those on the list 😉

    • @beehive5835
      @beehive5835 2 года назад +2

      @@NickDemski Excellent! Thank you!

    • @NickDemski
      @NickDemski  2 года назад +2

      Yw! Thanks for letting me know you'd like to hear about more 😊

    • @MARIADaSilva-dw9cs
      @MARIADaSilva-dw9cs 2 года назад +3

      Portugal has increased exponentially. Food has quadrupled. Real estate, construction, etc. Salaries remain the same.

    • @beehive5835
      @beehive5835 2 года назад +5

      @@MARIADaSilva-dw9cs That is sad. Another potential retirement destination becoming too expensive! Meanwhile, the citizens of that country face economic hardship.

  • @unknown-user
    @unknown-user 2 года назад +9

    Ecuador’s income requirement has changed. It’s almost double now.

    • @NickDemski
      @NickDemski  2 года назад +1

      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
      @dennistyler9852 Год назад

      They can keep it…

  • @c.a.greene8395
    @c.a.greene8395 2 года назад +58

    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

    • @jamesgray7301
      @jamesgray7301 2 года назад +10

      I used to pay 350 a month for a room, 3 meals included. They obviously took advantage of you.

    • @c.a.greene8395
      @c.a.greene8395 2 года назад +11

      @@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

    • @loisphillips3786
      @loisphillips3786 2 года назад +1

      Is this true?

    • @c.a.greene8395
      @c.a.greene8395 2 года назад +2

      @@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)

    • @georgenicolas2297
      @georgenicolas2297 2 года назад

      @@jamesgray7301
      In Costa Rica?

  • @jackbaldwin3649
    @jackbaldwin3649 Год назад +18

    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
      @NickDemski  Год назад +4

      The numbers here are issued for a single person ) sorry i didnt include couple numbers

  • @plamare59
    @plamare59 Год назад +3

    Very educative but can you delve into the topic of Thailand? healthcare, work allowance etc.. Thank you

    • @kippsguitar6539
      @kippsguitar6539 Год назад +1

      One of the best healthcare systems in the world, working forbidden

    • @schwartzenheimer1
      @schwartzenheimer1 Год назад

      '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...

  • @jeffjohnsonfutdoc
    @jeffjohnsonfutdoc Год назад

    Great job on your video and Thanks from another Michigander ( Upper Peninsula ) ......

  • @FaYT02
    @FaYT02 7 месяцев назад

    Thanks a lot for this very informative and straight to the point video. 👌

  • @billrailsback5176
    @billrailsback5176 2 года назад +13

    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

    • @NickDemski
      @NickDemski  2 года назад +2

      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!

  • @dugfriendly
    @dugfriendly 2 года назад +8

    this hasn't aged well - Ecuador is quite a bit different and Mexico is different, too

    • @NickDemski
      @NickDemski  2 года назад +1

      ill update the info in future vids and then insert cards where needed, thank u!

  • @andre1987eph
    @andre1987eph 2 года назад +103

    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.

    • @NickDemski
      @NickDemski  2 года назад +12

      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!

    • @Mexicobeanpole
      @Mexicobeanpole 2 года назад +14

      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.”

    • @viviannadz1877
      @viviannadz1877 2 года назад +13

      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

    • @gem3132
      @gem3132 2 года назад

      Agree. I'm white from a Spanish speaking country. A lot of Mexicans are racist.

    • @beehive5835
      @beehive5835 2 года назад +11

      Interesting that nobody talks about how great some of the Caribbean islands can be...and many of them have a mix of ethnicities!

  • @robertstephenson8107
    @robertstephenson8107 11 месяцев назад +1

    Useful information, thank you

  • @gm436138
    @gm436138 4 месяца назад

    Great video. How about discussing the vias requirements for each of these nine.

    • @NickDemski
      @NickDemski  3 месяца назад

      the visa requirements are pretty much: have the money
      is there something more specific you were curious about?

  • @riekkg1933
    @riekkg1933 2 года назад +11

    Great podcast with good selection of countries. Keep it up.

  • @cHernandez6449
    @cHernandez6449 Год назад +7

    I recently traveled to Argentina and I love it

    • @termita358
      @termita358 Год назад

      Can you live with 300 USD a month in Argentina?

    • @cHernandez6449
      @cHernandez6449 Год назад +2

      @@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
      @NickDemski  Год назад +1

      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
      @marcelakebleris3027 Год назад +1

      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
      @sheelahales3834 Год назад +1

      @@termita358 Can anyone live on $300 a month anywhere,unless it's a poverty stricken country?

  • @FutureNomad68
    @FutureNomad68 Год назад +8

    The USA is very expensive. You're gonna have to choose between food and medicine, so these videos are very helpful.

    • @byronrogers4489
      @byronrogers4489 Год назад +2

      I've never known anyone in America who had to make that choice, but I've only been here 53 years

    • @FutureNomad68
      @FutureNomad68 Год назад +4

      @@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.

    • @angelapower7220
      @angelapower7220 3 месяца назад +1

      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!

  • @HR-wd6cw
    @HR-wd6cw Год назад +1

    Even if i had money, I'd be tempted to retire in some of these places partially for the views and a different scenery. I mean there are some very nice places in the US, but living abroad in retirement has its own appeal too, plus you could save money too if you don't mind moving out of the US.

  • @michaelwright1467
    @michaelwright1467 5 месяцев назад +1

    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.

    • @NickDemski
      @NickDemski  5 месяцев назад

      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

    • @michaelwright1467
      @michaelwright1467 5 месяцев назад

      @@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.

    • @NickDemski
      @NickDemski  4 месяца назад

      Great insight thank u

  • @MsBritLowe
    @MsBritLowe Год назад +3

    Costa Rico raised limit of income to $2500

    • @NickDemski
      @NickDemski  Год назад

      yeah i think we're talking about different programs here...but always double check because prices and programs can change rapidly

  • @mertmolina8312
    @mertmolina8312 2 года назад +10

    Bali is a wonderful retirement destination - safe, people speak English :)

  • @PInk77W1
    @PInk77W1 2 года назад +16

    I love Ahmedabad India.
    Cheap. But u have to leave the country every six months for a day

    • @blacktara3936
      @blacktara3936 Год назад

      Would love to hear more about your experiences in India! It's where I dream of relocating to. I'd prefer a much smaller town, tho!

    • @PInk77W1
      @PInk77W1 Год назад +1

      @@blacktara3936 I love India. It’s very cheap.
      Small villages come to a stand still when a
      White guy goes thru on a bicycle. LoL.
      Jan Feb good mild weather
      The rest of the year is hot. I want to go back and cycle from Chennai to the southern tip
      Up the west coast to Mumbai.

    • @blacktara3936
      @blacktara3936 Год назад

      @@PInk77W1 Wow, sounds great! I have friends in various states but N India- Himalayan foothills is where I'd love to see, first. Thanks for sharing your experiences.

    • @PInk77W1
      @PInk77W1 Год назад +1

      @@blacktara3936 yeah I rode from India into
      Nepal. The people immediately start yelling at me. NAMASTE. I tried to ride to Kathmandu
      But u miscalculated how far it was. So I turned back to the town of Hetuda

    • @blacktara3936
      @blacktara3936 Год назад

      @@PInk77W1 So incredible that you're living your dream whilst the rest of us, sit back and wish! Hope you have a blast!

  • @absolutely2935
    @absolutely2935 Год назад +1

    Hey you can retire in Great Britain, turn up around Kent coast in a dingy , they will put you up in a nice warm hotel , feed you and clothe you , you get health care and you can retire from that point .

    • @NickDemski
      @NickDemski  Год назад

      I think you're confusing retiring with being a refugee.

    • @absolutely2935
      @absolutely2935 Год назад

      @@NickDemski not at all , come to Britain and retire on British tax payers money - it’s a farce

    • @gbone7581
      @gbone7581 Год назад

      Do you have to be a POC?

  • @deborahgoslin5858
    @deborahgoslin5858 Год назад +1

    Good video ! Thank you.

  • @Sweet-T-Mama
    @Sweet-T-Mama Год назад +3

    Excellent! Thank you 👍

  • @kaypie3112
    @kaypie3112 2 года назад +11

    Any thoughts on Uruguay?

    • @NickDemski
      @NickDemski  2 года назад +1

      Seems like a really cool place, I'll probably add it to part 2 of this video 😁

    • @frederickmuhlbauer9477
      @frederickmuhlbauer9477 2 года назад +1

      Doug Casey loves living in Uruguay

    • @kaypie3112
      @kaypie3112 2 года назад +2

      @@frederickmuhlbauer9477 I didn’t know that’s where he is living.
      Thank You Frederick.

  • @edelmendoza2475
    @edelmendoza2475 2 года назад +4

    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

    • @NickDemski
      @NickDemski  2 года назад +1

      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 🙏