Investopedia: Planning for retirement abroad 2019

This is a part of our Cambodia forums to chat about anything Cambodia-related. This discussion forum is at the top of our site because it's usually the busiest part of the expat community chatter with random topics on just about everything, including expat life, Khmer politics, Cambodian blogs we have or have come across, or whatever else our members want to discuss. Whether you're an expatriate, tourist, Cambodian or random traveler just passing through South East Asia, you are welcome to talk about anything or start new topics yourselves.
paul2d
Expatriate
Posts: 46
Joined: Thu Feb 01, 2018 7:34 am
Reputation: 13
Canada

Investopedia: Planning for retirement abroad 2019

Post by paul2d » Sun Apr 21, 2019 11:01 pm

Good general article on retirement planning and Investopedia's take on the best places to retire abroad:

https://www.investopedia.com/retirement ... to-retire/

In SE Asia Cambodia does not make the list but Malaysia is in the top 5. Thailand is in the top 10.
Doc67
Expatriate
Posts: 568
Joined: Thu Nov 16, 2017 9:16 am
Reputation: 205
Location: here
Contact:
Great Britain

Re: Investopedia: Planning for retirement abroad 2019

Post by Doc67 » Mon Apr 22, 2019 8:06 am

Interesting... Costa Rica has been on my radar for quite a while, just it's now so far away to just pay a visit. My son lives in Vancouver and is becoming a permanent resident so if he settles there I was planning on making occasional visits there en route to London and then back to PP. But Costa Rica, or Panama is just a short hop from Vancouver. Living in either place and regular cheap flights between either country to Vancouver could be a nice set up for me in the future, including occasional visits back to London.

I have been in Cambodia for 18 months and am certainly not wedded to the place. We all have our personal gripe with this place so I wont list all mine here but they are tolerable - just.

But the power cuts, with no likelihood of any quick fix, the worsening traffic conditions in PP and the dislike of all the other towns here (sorry, but I just don't like risking my life spending 5 hours on horrendous roads to travel 100 or so miles just to get to Kampot or Kep) is already making me start on alternative plans for a new home in 2020.

Time to learn Spanish me thinks...
phkachhouk
Expatriate
Posts: 109
Joined: Thu Apr 18, 2019 12:36 pm
Reputation: 20
Australia

Re: Investopedia: Planning for retirement abroad 2019

Post by phkachhouk » Mon Apr 22, 2019 9:14 am

So do you fly from Bangkok to Canada then onto London?

Also, South America is hardly a “short hop” from Canada. Like you have to go across the USA.
Do they even do direct flights from Vancouver?

Sounds like a real pain in the backside.

Can’t you get him to move to a country that’s suits you!

Also to answer your last gripe, what did you expect from a developing nation?
Doc67
Expatriate
Posts: 568
Joined: Thu Nov 16, 2017 9:16 am
Reputation: 205
Location: here
Contact:
Great Britain

Re: Investopedia: Planning for retirement abroad 2019

Post by Doc67 » Mon Apr 22, 2019 10:12 am

phkachhouk wrote:
Mon Apr 22, 2019 9:14 am
So do you fly from Bangkok to Canada then onto London?

Also, South America is hardly a “short hop” from Canada. Like you have to go across the USA.
Do they even do direct flights from Vancouver?

Sounds like a real pain in the backside.

Can’t you get him to move to a country that’s suits you!

Also to answer your last gripe, what did you expect from a developing nation?
No direct flights to CR from Vancouver (maybe a charter with a package holiday but non seem to be scheduled). Plenty to Mexico City (6 hours and about $600 for a direct flight) so that's a chance for another bit of exploring (and getting shot), and then about 3 hours to CR for about $300. It is a lot further than I first thought to be honest.

On the good news front, I found out that The Big Flight accross the Pacific is a mere 10 hours if you go from Seoul. Better than 13 hours from London to KL. I had it in my mind that it was 16 hours for some reason. On the bad news front it seems to piss down an awful lot more in Costa Rica. I just found that out too. Aparently lots of rainforests need lots of rain.

"Can’t you get him to move to a country that’s suits you!"... I'm working on that.
"Also to answer your last gripe, what did you expect from a developing nation?" Some evidence of positive development would be nice, not just endless construction of Chinese casinos and condos and a chronic lack of electricity as a result.

As you can see by now, my plans are at a very early stage...
Bitte_Kein_Lexus
Expatriate
Posts: 2870
Joined: Sun May 18, 2014 7:32 pm
Reputation: 285

Re: Investopedia: Planning for retirement abroad 2019

Post by Bitte_Kein_Lexus » Mon Apr 22, 2019 12:02 pm

South and Central America are favourites for North American retirees. Better infrastructure than here, good food for the most part and fairly cheap. The bonus is that it's possible to buy property/residency or even citizenship in several of those places. More natural spots than here for what I hear as well. I've heard a lot of older folks head to Malta as well. Tons of direct flights from US/Canada to Central and South American countries as well.

Ex Bitteeinbit/LexusSchmexus
Queef
Expatriate
Posts: 364
Joined: Thu Nov 29, 2018 2:31 pm
Reputation: 160
New Caledonia

Re: Investopedia: Planning for retirement abroad 2019

Post by Queef » Mon Apr 22, 2019 12:22 pm

Costa Rica
+ Good and affordable healthcare
+ Beautiful landscapes
+ Scams are frequent, but not as bad as in Cambodia
+ Pacific Ocean and Caribbean Sea
+ Volcanoes
+ People respect traffic rules
+ People know what common sense is
+ The average Tico can have a decent conversation in English
+ Wildlife
+ Richest country in Central America
+ Cheap flight from the US (Southwestern US)
+ Police are helpful


- Food is atrociously boring
- Rainy season is no joke (no flooding though)
- Volcanoes
- Tons and tons of American/ Canadian tourists
- Mecca of begpackers and hippicrites in Central America
- Richest country in Central America
- Punctuality doesn't exist
- Power cuts
- No freeways
- Almost everything is imported
- Real estate is no longer cheap
- Gibbons can get annoying
- Really dodgy expats in some of the most secluded tourist areas
violet
Expatriate
Posts: 991
Joined: Fri May 23, 2014 3:48 pm
Reputation: 301

Re: Investopedia: Planning for retirement abroad 2019

Post by violet » Mon Apr 22, 2019 12:33 pm

Not sure I will ever be in a position to retire, however, I'm interested in hearing (again because I've forgotten and besides, things change) which central and southern American countries are easy for people to get retiree and working visas for many nationalities.

And which are peaceful but have an edge that keeps some away.

And which have a city like PP where you can go out and not have to drink drive or stay sober because you are driving home.

Mexico, Nicaragua, Uruguay, Venezuela, Peru, Suriname, Panama, Belize, Guyana, Paraguay, Costa Rica, Honduras, Falkland Islands, French Guiana, El-Salvador, Guatemala, Argentina, Colombia, Ecuador, Bolivia, Brazil and Chile.
RogueAnt
Expatriate
Posts: 172
Joined: Tue May 27, 2014 10:45 pm
Reputation: 72
French Polynesia

Re: Investopedia: Planning for retirement abroad 2019

Post by RogueAnt » Mon Apr 22, 2019 1:22 pm

Queef wrote:
Mon Apr 22, 2019 12:22 pm
Costa Rica
+ Good and affordable healthcare
+ Beautiful landscapes
+ Scams are frequent, but not as bad as in Cambodia
+ Pacific Ocean and Caribbean Sea
+ Volcanoes
+ People respect traffic rules
+ People know what common sense is
+ The average Tico can have a decent conversation in English
+ Wildlife
+ Richest country in Central America
+ Cheap flight from the US (Southwestern US)
+ Police are helpful


- Food is atrociously boring
- Rainy season is no joke (no flooding though)
- Volcanoes
- Tons and tons of American/ Canadian tourists
- Mecca of begpackers and hippicrites in Central America
- Richest country in Central America
- Punctuality doesn't exist
- Power cuts
- No freeways
- Almost everything is imported
- Real estate is no longer cheap
- Gibbons can get annoying
- Really dodgy expats in some of the most secluded tourist areas
You forgot how dangerous it is there and many people have armed security guards and live behind caged in houses. Armed robbery is common as is people breaking in and eating the food in your fridge! It's pretty well-known that many crimes aren't published as it effects the economy - tourism and retirees.

From my experience living there, many retired Americans moved to David in Panama because Cost Rica doesn't represent good value if you're on a fixed income.

Yes, the food is boring and I couldn't even buy fresh chilies at the market, and then there is overpriced American fast food chains. Chilean wine is very cheap though.

Roads are atrocious - pot holes everywhere due to corruption in local councils. I could go on but I don't think Costa Rica is a good option.
Queef
Expatriate
Posts: 364
Joined: Thu Nov 29, 2018 2:31 pm
Reputation: 160
New Caledonia

Re: Investopedia: Planning for retirement abroad 2019

Post by Queef » Mon Apr 22, 2019 1:44 pm

RogueAnt wrote:
Mon Apr 22, 2019 1:22 pm
Queef wrote:
Mon Apr 22, 2019 12:22 pm
Costa Rica
+ Good and affordable healthcare
+ Beautiful landscapes
+ Scams are frequent, but not as bad as in Cambodia
+ Pacific Ocean and Caribbean Sea
+ Volcanoes
+ People respect traffic rules
+ People know what common sense is
+ The average Tico can have a decent conversation in English
+ Wildlife
+ Richest country in Central America
+ Cheap flight from the US (Southwestern US)
+ Police are helpful


- Food is atrociously boring
- Rainy season is no joke (no flooding though)
- Volcanoes
- Tons and tons of American/ Canadian tourists
- Mecca of begpackers and hippicrites in Central America
- Richest country in Central America
- Punctuality doesn't exist
- Power cuts
- No freeways
- Almost everything is imported
- Real estate is no longer cheap
- Gibbons can get annoying
- Really dodgy expats in some of the most secluded tourist areas
You forgot how dangerous it is there and many people have armed security guards and live behind caged in houses. Armed robbery is common as is people breaking in and eating the food in your fridge! It's pretty well-known that many crimes aren't published as it effects the economy - tourism and retirees.

From my experience living there, many retired Americans moved to David in Panama because Cost Rica doesn't represent good value if you're on a fixed income.

Yes, the food is boring and I couldn't even buy fresh chilies at the market, and then there is overpriced American fast food chains. Chilean wine is very cheap though.

Roads are atrocious - pot holes everywhere due to corruption in local councils. I could go on but I don't think Costa Rica is a good option.
True true. The receptionist at our hotel in San Jose told us not to go out after 10pm. And yes, Costa Rica is not cheap if you're on a fixed income. Roads are bad. Nowhere as bad/ dangerous as in Cambodia though. Then again, I wasn't living there. Just passing through. I agree though. There are far better options in the region.
User avatar
Duncan
Sir Duncan
Posts: 6668
Joined: Tue Jun 03, 2014 8:22 pm
Reputation: 1539
Location: Wonder Why Central

Re: Investopedia: Planning for retirement abroad 2019

Post by Duncan » Mon Apr 22, 2019 1:59 pm

It's still nice to know many of us have made the wrong decision in deciding to retire in Cambodia. Oh well , that's the last mistake I'll be making before I die.
Cambodia,,,, Don't fall in love with her.
Like the spoilt child she is, she will not be happy till she destroys herself from within and breaks your heart.
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: Bing [Bot], bucknaked, cautious colin, dirtymacca, Duncan, Element6, gargarouf, Google [Bot], Isaanbarang, Kammekor, LIVIDZX, Old8404, phuketrichard and 379 guests