Ready to travel the World? Is it time to find that new, exotic place to live and settle down for a while? Or maybe it is time to do a first trip to test out the waters of a possible location for short or long term living or retirement?
The very first thing we must do is narrow down the near infinite destinations that we could travel to as somewhere we might live (if even for a short period of time). Even before that, you have to have taken the steps to have the available money and/or income to do so, the beginning steps are discussed here and here. Of course, you could just stay at home and watch episodes of House Hunters International (which my wife and I watch religiously), and choose whatever looks good. Mind you, the information presented in that show is definitely biased (why does everyone always want an American style mega-mansion?), often over-priced, and sometimes straight out fictional. Although it is a fun show to watch, with some completely ridiculous expectations and inevitable relationship breakdowns, it is not the best source of solid information for living overseas.
So where can we start?
Sitting on white sand beaches, eating exotic curries, sipping a delicious cocktail, surfing on perfect waves, exploring picturesque mountaintops – all of these things are available to you. The best part is that these places do not have to be a once in a lifetime dream vacation either, once you have achieved a very moderate level of savings, living in your dream vacation home can be a daily reality.
In almost half of the world, living on under $30000 US ($37000 CAN) for a couple per year will give you a very decent lifestyle. Will this be drinking champagne and eating caviar every night? No, it most definitely will not. But will it be cutting coupons and eating cat-food to survive? It won’t be that either (not even close!)! In fact, many people are surprised at what level of comfort that $30000 US brings, and that it is on the higher end of the spectrum when it comes to living overseas.