Where you can retire for $1,200 a month

I pay 1500 at my group home free meals snacks and warm beds and it suits me right...

Yup. Haikou is shit though. If the international airport and bullet train didn't go there, I'd never have to pass through. Fuck I hate that city. And yeah, if you don't like living amongst 8 million people in Sanya, then it's definitely not for you lollol.

One other thing I forgot to mention with rentals here, they come fully equipped. TV(cctv & cable), Kitchen, Bedroom, pots/pans/kitchen sink, Internet, phone and so on. All included in the rental price, our apt, pics as follows is 76sqm.


Lounge/dining room & number 2 bedroom with sliding door.


Kitchen, door into bathroom/toilet & door into main bedroom


Main bedroom. Behind yellow blink is balcony with water front views.
All bedrooms have air con and internet/phone/power points.


Plenty of shelving in main bedroom.


Bathroom wash hands room. To the left is western toilet and shower behind sliding glass door.

This property was 2500RMB or $395USD per month. My wife tells me today we could of got it even cheaper for around 2000RMB pm, if we had signed the rental contract in the off-peak tourist season. Live and learn.

it does look a little like $395 ;)

but i lived in worse places - lol

8 million in sanya? Didnt look that way at all judging by the kinda small city center. But maybe 8 mill in the whole area i guess, but even that i find hard to believe. Doesnt matter though, as long as you enjoy living there

The idea of retiring somewhere on X,XXX / Mo has always been a flawed idea as it assumes that nothing will change economically in the area over a long period of time (i.e. rent goes up dramatically, food costs go up dramatically, medicine goes up etc)... and if you're in a position where you've retired with nothing but 1,200.00 a month and ANTYHING changes that's not to your benefit (exchange rates or prices or bank with your money going tits up etc), then you're totally fucked.

Sanya city central has a lot less I agree with you. But then there is the outer suburbs which also belong to Sanya, that bumps up the numbers. Dadonghai, Lanhai, Yalong Wan, the ethnic minority areas and so on.

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Well, to illustrate,

I'm pretty sure the costs of living here in Czech Republic (energies, rent, basic utilities, gas, grocery bill) nearly doubled as compared to 2001 or so.

There are several causes -

- constant increase in taxing of the consumption
- cartel on the telecomunication market
- cartel on the energies market,
- most expensive banking system in Europe
- currency rate of CZK / EUR often lowers the income for anybody relying on export

etc.

that of course brings also:

- constant increase in the rental prices
- constant increase in the price for one's grocery bill

etc. etc.

Not to mention that things like electronics or designer clothing are usually 30 - 100 pct. more expensive as compared to Western Europe

During the same time, the wages went up maybe 40 pct. (without taking into account inflation) and pensions practically won't pay for the food on your table, unless shared in a couple, or you live in your own property or, in the local case, more likely in a subsided place that you rent (the old model from before 1989 still applies).

Most expensive things and the major cost from the limited income most people have here are the basic costs of living.

Brazilian favela ...

i was in Panama recently and were there also 5 years ago.
things have changed quite a bit, everyone in Panama City have a brand new car, traffic was worse than ever..
Ocean front is built up, very expensive ocean view apartments of which many were un-occupied (but since the buildings are financed with laundry money, they dont care..)
Fast food is popular, McDonald delivers on a moped.
Locals are becoming westernized and are demanding better lifestyle.
Average income is up, not unreasonable to make $1k - $2k per month and many jobs pay much more.
Everybody has at least 2 smartphones.
Generally I would say long term Panama is not the place to consider retirement on a limited budget.

Fucking cheap. I pay 1k / mo for 1/3 quality of this.

Yeah, that's what I was getting at. In 92, people could have been saying "Prague is the most awesome place to retire ever!" and in 10 years, things changed dramatically. Same across Eastern Europe. Of course an economy, currency etc are highly dynamic and ever changing and these conversations ignore those facts. Unless someone is only planning to live a few more years, I think the idea itself is highly flawed as you're well aware

UUmmmm are we talking about just housing here because certainly you can't live in any of those countries with $1200USD including bills/food/etc... you would be living in poverty.
Especially if you changed the USD into Euros or GBP

Panama is totally different from CR or Nic. You could live very nicely outside of Panama city for that, in a decent place, and have a decent, modest life. Also it's generally cleaner and much less crime.



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There's another person that knows...



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