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Ideal retirement locations

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Wd40
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Re: RE: Re: RE: Re: Ideal retirement locations

Postby Wd40 » Mon, 10 Aug 2015 11:29 pm

ecureilx wrote:[quote="Wd40"]I like Goa. We have some ties to that place as well. Its a nice beach destination just like Phuket or Bali and its slow just like Langkawi. It was a former Portuguese colony so lots of culture imbibed from them.

Do many foreigners retire in Goa?

Vs Thailand or Philippines ..or Malaysia ...[/quote]

No I don't think so. Not easy for foreigners to get residency, I would imagine.

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Re: RE: Re: Ideal retirement locations

Postby rajagainstthemachine » Tue, 11 Aug 2015 12:16 am

ecureilx wrote:
Wd40 wrote:I like Goa. We have some ties to that place as well. Its a nice beach destination just like Phuket or Bali and its slow just like Langkawi. It was a former Portuguese colony so lots of culture imbibed from them.

Do many foreigners retire in Goa?

Vs Thailand or Philippines ..or Malaysia ...


some do but it attracts all the wrong kinds of crowd mostly down shifters or people.. India doesn't a large number of retired people doing f all and taxing the medical system.. in countries like Thailand or Indonesia or Phil which are smaller in size there seems to be a symbiotic relationship between the two parties.
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Re: RE: Re: Ideal retirement locations

Postby ecureilx » Tue, 11 Aug 2015 2:11 pm

rajagainstthemachine wrote:some do but it attracts all the wrong kinds of crowd mostly down shifters or people.. India doesn't a large number of retired people doing f all and taxing the medical system.. in countries like Thailand or Indonesia or Phil which are smaller in size there seems to be a symbiotic relationship between the two parties.


Well, that's what I too was wondering, when WD40 suggested Goa :D

well, there are Brits retired in Sri Lanka as well, and I believe the main advantage is less hassle with remittances and receipt of pension fund etc.

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Re: Ideal retirement locations

Postby MayDay5 » Wed, 12 Aug 2015 9:53 am

Many foreigners retire in Goa?

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Re: Ideal retirement locations

Postby rajagainstthemachine » Wed, 12 Aug 2015 10:32 am

there is no retirement visa option offered by India..so the only way to do it is to get a long term visa 6 months eg and then do a visa run.
ASEAN countries are much better as retirement destinations.
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Re: Ideal retirement locations

Postby Girl_Next_Door » Wed, 12 Aug 2015 2:07 pm

The plan is to retire on beachfront, either Southern France/Italy or Miami/Florida. Keep at least 2 properties for good rental income and sell off the other assets. We won't retire in Thailand or Indonesia for sure. Properties in certain parts of Europe have really attractive pricing now, compared to the developing Asia. Beers are cheap in Thailand/Indonesia, but that's about it. Properties price are not exactly dirt cheap, unless you are staying in really crappy area (which defeats the point of retiring!). We also feel that, by the time we are retired, we still prefers to live comfortably with good and accessible healthcare.

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Re: Ideal retirement locations

Postby rajagainstthemachine » Wed, 12 Aug 2015 4:16 pm

^
cheap beers, cheap food, cheap 5-10$ massages, plenty of help like maids etc if you want are all attractive options in ASEAN, I've seen literally hundreds of ang moh who just don't want to leave Asia because of all comforts it offers.
plus your dollar stretches longer in Asia compared to western countries.
To get there early is on time and showing up on time is late

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Re: Ideal retirement locations

Postby ecureilx » Wed, 12 Aug 2015 4:29 pm

rajagainstthemachine wrote:^
cheap beers, cheap food, cheap 5-10$ massages, plenty of help like maids etc if you want are all attractive options in ASEAN, I've seen literally hundreds of ang moh who just don't want to leave Asia because of all comforts it offers.
plus your dollar stretches longer in Asia compared to western countries.


And this guy sired 29 kids and have been able to feed all of 'em .. ! :D

http://www.huffingtonpost.com/norm-schr ... 88268.html

"Yeah D and I haven't talked in a long long time -- since he was a kid and I left the states. I had a bunch of kids -- he's got a lot of brothers and sisters."

"Really - you have a big family?" I asked.

"Yeah I have 29 kids -- count 'em, 29."

I choked on my beer and some came through my nose.

"I'm sorry Philander, I thought you just said 29."

"I did! 29 kids! Poppa was a rolling stone!" he said in a folksy way, like he was describing how many fish he caught on a Sunday morning.

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Re: Ideal retirement locations

Postby taxico » Fri, 18 Sep 2015 9:41 pm

JR8 wrote:I've never been one to look forward, the future has always just happened.

But now I am wondering. Where do I want to live.

Where ideally in the perfect world?

My stoned thought last night was, keep the good pad in London (sell the others), keep the SG HDB, and buy a plot of beach-front in Tioman and build a nice pad there (or pref build 3-4 and have the rest pay for your own...)


my experience tells me that there is no "one perfect place." you would want to keep a few places about and visit them all from time to time.
Aut viam ad caelum inveniam aut faciam

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Re: Ideal retirement locations

Postby Wd40 » Fri, 18 Sep 2015 10:08 pm

There is always something called as "Home Advantage" :) So a great place becomes even greater when you have the home advantage. As India is in my case :)

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Re: Ideal retirement locations

Postby JR8 » Sat, 19 Sep 2015 1:35 am

I wondered if this was an iteration of 'Choose to fight on a territory of your choosing', but given it's WD40 I'm thinking it's naked pro-Indian thinking ;)

Funny, many 'Euros' aspire to owning a 2nd home abroad - pref somewhere sunny and 2nd pref cheap. [3rd pref ruled by democratic law, and in parallel low-risk and easy going]. So, the idea of an end-goal of solely returning home is contrary to that.
'Do it or do not do it: You will regret both' - Kierkegaard

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Re: Ideal retirement locations

Postby JR8 » Sat, 19 Sep 2015 1:44 am

ecureilx wrote:"I did! 29 kids! Poppa was a rolling stone!" he said in a folksy way, like he was describing how many fish he caught on a Sunday morning. [/i]



You interviewed SMS and I claim my $10 :lol:
'Do it or do not do it: You will regret both' - Kierkegaard

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Re: RE: Re: Ideal retirement locations

Postby Wd40 » Sat, 19 Sep 2015 7:34 am

JR8 wrote:I wondered if this was an iteration of 'Choose to fight on a territory of your choosing', but given it's WD40 I'm thinking it's naked pro-Indian thinking ;)

Funny, many 'Euros' aspire to owning a 2nd home abroad - pref somewhere sunny and 2nd pref cheap. [3rd pref ruled by democratic law, and in parallel low-risk and easy going]. So, the idea of an end-goal of solely returning home is contrary to that.



India is cheap to retire. I did some calculations. My current net worth is of around 500k SGD equivalent in INR. It's is actually enough for me stop working right away and the returns from this will sustain my family for next 40 years :). My cost of living there is annual 10k SGD. So 500K SGD is a lot of money. India has high inflation like average 8% but also high growth and returns from stocks so they both net out well. I can't even imagine retiring in any other country. I will have to keep working for the rest of my life and well into my 60s.



Not that I am going to stop working now. I am only 35. But its a nice feeling to go work, knowing that you don't really have to work :)

I think I have the best of both worlds right now. Singapore is a good place to earn a lot and save high % of income because of low taxes and then India is a nice place to take back all that money and retire.

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Re: Ideal retirement locations

Postby Brah » Sat, 19 Sep 2015 10:31 am

Some posting here are considering Thailand for retirement, and it is indeed a location growing in popularity for that.

I know of 2 separate couples who did this, at different life stages.

One got bored and left after a year, the other lives in massive distrust and contempt of the locals. Both cases make me wonder, as much as I like the place (Phuket), that it might not be such a good idea.
Ape Shall Not Kill Ape.

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Re: Ideal retirement locations

Postby Brah » Sat, 19 Sep 2015 10:32 am

JR8 wrote:I wondered if this was an iteration of 'Choose to fight on a territory of your choosing', but given it's WD40 I'm thinking it's naked pro-Indian thinking ;)

Funny, many 'Euros' aspire to owning a 2nd home abroad - pref somewhere sunny and 2nd pref cheap. [3rd pref ruled by democratic law, and in parallel low-risk and easy going]. So, the idea of an end-goal of solely returning home is contrary to that.

I am truly confused of what "home" is any more.
Ape Shall Not Kill Ape.


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