Cambodia is the Cheapest place to retire...
- whiteribbon
- Expatriate
- Posts: 666
- Joined: Fri Sep 08, 2017 3:45 pm
- Reputation: 252
- Contact:
Cambodia is the Cheapest place to retire...
A single person can retire comfortably on about $1,250 a month...
https://www.cnbc.com/2019/02/01/cambodi ... her-4.html
just noise, white noise
Re: Cambodia is the Cheapest place to retire...
My friedn just bought 3 apartment building in greece, 1 mile from the beach in a nice village location for EUR30,000 (plus (EUR20,000 legal fees and taxes)
beer is Euro1 a bottle, local moonshine considerably less. Decent cafe meal about EUR5, marlborogh Eur4 a pcaket. Cambodia is not cheap anymore. Rental inflatio is insane, and so is western food. I think if you do not feel the ned to chase women its probably as cheap in part of europe as Cambodia.
beer is Euro1 a bottle, local moonshine considerably less. Decent cafe meal about EUR5, marlborogh Eur4 a pcaket. Cambodia is not cheap anymore. Rental inflatio is insane, and so is western food. I think if you do not feel the ned to chase women its probably as cheap in part of europe as Cambodia.
Re: Cambodia is the Cheapest place to retire...
Cambodia is not the bargain basement country many people make it out to be. It can be a very cheap place to live or retire to, or it can be very expensive. In that respect, it's no different to many other countries. It's subjective - it all depends on your expectations and the quality of life you desire. - As the above poster pointed out, there are many places in Europe where the cost of living can be comparable in many aspects.
The cost of living in the KOW, for the natives, and for now, reitavely speaking, is remaining relatively stable, but many Khmers have told me that there is a big concern that the cost of living is soon going to start to rise and many of the poorer Khmers simply won't be able to keep up.
Cambodia is changing fast. Very fast. What might like seem an affordable place to retire to today might not be the paradise you moved to even just 3 - 6 years in the future.
The cost of living in the KOW, for the natives, and for now, reitavely speaking, is remaining relatively stable, but many Khmers have told me that there is a big concern that the cost of living is soon going to start to rise and many of the poorer Khmers simply won't be able to keep up.
Cambodia is changing fast. Very fast. What might like seem an affordable place to retire to today might not be the paradise you moved to even just 3 - 6 years in the future.
The difference between animals and humans is that animals would never allow the dumb ones to lead the pack.
Re: Cambodia is the Cheapest place to retire...
If you are an eu citizen you do not have to pay for a visa, work permit, driving license, health insurance, not even a passportin EU. That saves about $600 a year. Your phone has to roam for free so no second sim card needed.If you like to live on Cambdian food and dont want too many home comforts then Cambodia is still failry cheap bu i am buggerred if I can live on less than $700 a month half of which is rent, $50 towards visas etc. Its not the bargain it was for europeans anymore but still probably decent for people from other developed economies. Someone tole me the other week a chinese had complained the rent in sihanoukville is now higher than shanghai
- whiteribbon
- Expatriate
- Posts: 666
- Joined: Fri Sep 08, 2017 3:45 pm
- Reputation: 252
- Contact:
Re: Cambodia is the Cheapest place to retire...
OK the only thing that's expensive is electric bills and car ownership. All the rest is cheaper in my experience. Prove me wrong?
Edit: just read the article again... a bottle of sparkling wine for $25?! You can have a bottle of great Prosecco for $12 in every market in Cambodia, so their figures are probably greatly (bigly) inflated.
Edit: just read the article again... a bottle of sparkling wine for $25?! You can have a bottle of great Prosecco for $12 in every market in Cambodia, so their figures are probably greatly (bigly) inflated.
Last edited by whiteribbon on Tue Feb 05, 2019 9:40 pm, edited 1 time in total.
just noise, white noise
Re: Cambodia is the Cheapest place to retire...
I was once told by a very wealthy investor / economist (friend of a friend) that if you want to gauge whether a city/country is worth invesing in, don't bother looking at market forecasts, don't waste your time reading financial papers, forget looking for other people's opinions online, simple go there, get yourself a good vantage point and look at the amount of construction going on. How many cranes can you see? (he was using London as an example - I know they largely seem to get by without cranes here, but the principle is the same)
This will tell you all you need to know about the direction a country is going in and whether it's worth investing in. If you think it's worth investing in, so do many other people.
Cambodia today will be unrecognisable in a very short time. For the natives, for a foreigner to move to, and for a pensioner to retire to.
But of course, we all know, it's already started.
I'd hold off for the dream place to retire to for the time being if it were me.
This will tell you all you need to know about the direction a country is going in and whether it's worth investing in. If you think it's worth investing in, so do many other people.
Cambodia today will be unrecognisable in a very short time. For the natives, for a foreigner to move to, and for a pensioner to retire to.
But of course, we all know, it's already started.
I'd hold off for the dream place to retire to for the time being if it were me.
The difference between animals and humans is that animals would never allow the dumb ones to lead the pack.
- phuketrichard
- Expatriate
- Posts: 16884
- Joined: Wed May 14, 2014 5:17 pm
- Reputation: 5785
- Location: Atlantis
Re: Cambodia is the Cheapest place to retire...
the only things i find cheaper in Cambodia over Thailand is Drinking alcohol,( beer, spirits, wine), smoking cigs, some western food items in the supermarkets and some Barang food in cheaper restaurantswhiteribbon wrote: ↑Tue Feb 05, 2019 9:33 pm OK the only thing that's expensive is electric bills and car ownership. All the rest is cheaper in my experience. Prove me wrong?
Edit: just read the article again... a bottle of sparkling wine for $25?! You can have a bottle of great Prosecco for $12 in every market in Cambodia, so their figures are probably greatly (bigly) inflated.
everything else is more
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
- Jamie_Lambo
- The Cool Boxing Guy
- Posts: 15039
- Joined: Mon Apr 20, 2015 10:34 am
- Reputation: 3132
- Location: ลพบุรี
Re: Cambodia is the Cheapest place to retire...
even thats not true anymore, was drinking pints of Tiger in a walking street agogo (Atlantis) tonight for less than $3... a pint!phuketrichard wrote: ↑Tue Feb 05, 2019 9:44 pmthe only things i find cheaper in Cambodia over Thailand is Drinking alcohol,( beer, spirits, wine), smoking cigs, some western food items in the supermarkets and some Barang food in cheaper restaurantswhiteribbon wrote: ↑Tue Feb 05, 2019 9:33 pm OK the only thing that's expensive is electric bills and car ownership. All the rest is cheaper in my experience. Prove me wrong?
Edit: just read the article again... a bottle of sparkling wine for $25?! You can have a bottle of great Prosecco for $12 in every market in Cambodia, so their figures are probably greatly (bigly) inflated.
everything else is more
i rarely pay more than $2-3 for a bottle of San Miguel light ($3.50-4 in PP) anywhere here
Mean Dtuk Mean Trei, Mean Loy Mean Srey
Punchy McShortstacks School of Hard Knocks
Punchy McShortstacks School of Hard Knocks
-
- Expatriate
- Posts: 788
- Joined: Tue Oct 27, 2015 3:42 am
- Reputation: 111
Re: Cambodia is the Cheapest place to retire...
If it's mostly cheaper in Thailand than Cambodia. . Then you know Cambodia is now freaking spenseeve
Re: Cambodia is the Cheapest place to retire...
For the most part, when you are comparing beer prices you would do it with domestic beer prices, not imports. Also, Beer Economics is a real thing when done properly and not done by some guy sitting in a gogo bar at 1 am. I can get Tiger draft in PP for....$1...a pint! Any time of day, wow!!Jamie_Lambo wrote: ↑Wed Feb 06, 2019 12:53 ameven thats not true anymore, was drinking pints of Tiger in a walking street agogo (Atlantis) tonight for less than $3... a pint!phuketrichard wrote: ↑Tue Feb 05, 2019 9:44 pmthe only things i find cheaper in Cambodia over Thailand is Drinking alcohol,( beer, spirits, wine), smoking cigs, some western food items in the supermarkets and some Barang food in cheaper restaurantswhiteribbon wrote: ↑Tue Feb 05, 2019 9:33 pm OK the only thing that's expensive is electric bills and car ownership. All the rest is cheaper in my experience. Prove me wrong?
Edit: just read the article again... a bottle of sparkling wine for $25?! You can have a bottle of great Prosecco for $12 in every market in Cambodia, so their figures are probably greatly (bigly) inflated.
everything else is more
i rarely pay more than $2-3 for a bottle of San Miguel light ($3.50-4 in PP) anywhere here
http://www.oxfordscholarship.com/view/1 ... 0199693801
-
- Similar Topics
- Replies
- Views
- Last post
-
- 2 Replies
- 1265 Views
-
Last post by phuketrichard
-
- 51 Replies
- 15835 Views
-
Last post by Ghostwriter
-
- 32 Replies
- 4664 Views
-
Last post by Ozinasia
-
- 25 Replies
- 5477 Views
-
Last post by Arget
-
- 0 Replies
- 2070 Views
-
Last post by CEOCambodiaNews
-
- 5 Replies
- 3203 Views
-
Last post by Austman
-
- 31 Replies
- 9486 Views
-
Last post by Spigzy
Who is online
Users browsing this forum: Amazon [Bot], armchairlawyer, Baidu [Spider], John Bingham, KevinTan, lurcio, phuketrichard, Spigzy, steevee, truffledog and 1072 guests