Sitting at home in Edmonton, Alberta, Canada on a -40 day, it can make exploring the idea of retirement somewhere warm with a beach and a beer quite attractive.
Where to go though?
I based mine on some pretty extensive searches….so you don’t have to.
This article really helped.
This website was a useful cost of living calculator
The finalists for me were :
Nha Trang Vietnam
Here’s a property Samson found in 5 minutes on tripadvisor $300 – $500 a month https://www.tripadvisor.ca/VacationRentalReview-g298085-d9731779-Studio_with_Seaview_Balcony_in_Foreigner_Area-Da_Nang_Quang_Nam_Province.html
Changmai and Chiang Rai for Thailand
(Remember $30000 = $1 million baht)
One problem he did find was that to retire in Thailand to get the 1 year Retirement Visa you had to be 50! Since he were only going to be 45 this made retiring and buying a house here before then not possible without constantly revisiting their visa/passport issues.
The requirement for a retirement visa is 65,000 baht per month (about $2,000) or savings of 800,000 baht ($25,000) in a Thai bank account
$20 a night hotels
Bangkok was still in the running .
Dumaguete (rhymes with spaghetti), Phillipines
Manila hotels around $30 doesn’t seem to get you as much: But Air B and B had some interesting choices.
Loja or Cucena, Ecuador