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Forum ยป Is it possible to live cheaply in a South American or Asian coastal town?
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Thread: Is it possible to live cheaply in a South American or Asian coastal town?

post 1699638263 03-24-2024, 07:03 AM
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  1. friesbruh
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Is it possible to live cheaply in a South American or Asian coastal town?

really considering this in 24mo when it i might be able to pull it off.
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post 1699638583 03-24-2024, 07:14 AM
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My parents retired to the Dominican Republic at age 53 and 52 respectively with about $200k cash and about the same in assets. They live pretty well. And my father has been able to grow that $200k into about $500k in additional assets. They live off about $1500 a month. So it's definitely doable.
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post 1699638853 03-24-2024, 07:26 AM
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Define cheap and define quality of life.
post 1699638993 03-24-2024, 07:29 AM
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Originally Posted By Godfrd824⏩
My parents retired to the Dominican Republic at age 53 and 52 respectively with about $200k cash and about the same in assets. They live pretty well. And my father has been able to grow that $200k into about $500k in additional assets. They live off about $1500 a month. So it's definitely doable.
woodrep parents
Originally Posted By usersignup2⏩
Define cheap and define quality of life.
total living expenses (mortgage, utilities, wifi) under $1,000/mo

somewhat safe (not chicago, not the burbs)
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post 1699639653 03-24-2024, 08:08 AM
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Yeah in Vietnam you can find a nice condo close to the beach for like 300 per month in a nice, safe, modern city area. Food, internet, cell service all dirt cheap too. Probably similar in the Philippines. South America probably has similar prospects and might be easier to stay long term, visa-wise
post 1699641003 03-24-2024, 08:55 AM
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yeah for sure

some more remote areas in Philippines, Thailand, Vietnam, Indonesia (Bali is infested with white people) you can definitely live decently

until you need good healthcare - don't think these places have good healthcare
post 1699641103 03-24-2024, 08:58 AM
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You could live cheap in South America. You could also get kidnapped, held random, have amputated limbs sent to your parents and friends, and then decapitated once ransom was paid... Have fun bro
.

My brother in laws family is from Ecuador and has dual citizenship in the USA. They are wealthy. They recently packed up and got the fuk out of ecuador. The cartels knew they were connected politically and wealthy and placed hits on them. A relative got kidnapped and the cartels kept cutting his fingers off and sending them to relatives then killed him. It was pretty safe until the past 5 years or so. The cartels took over the government and run the country now.

Argentina might be ok but cost of living is rising. Communism is spreading like wildfire in south america currently.
post 1699645393 03-24-2024, 10:52 AM
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Just go for a couple months each year to visit.
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post 1699645723 03-24-2024, 11:00 AM
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Belize is the standard destination, although I hear it's getting less affordable.
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