While the strength of the US Dollar is aspired by the currencies the world over, the drastic rise in the cost of living has reduced the actual income of the professional workers for their daily needs. This has led to a desertion of places deemed too expensive in search for some cheaper places to live and enjoy. Some of these places have their real estate spaces being filled up at a lightning pace, so it might be wise for investors to invest in buying some property in these places.
Here are some of the cheapest places where investors can enjoy a king-sized life for the cost of a few bucks:
Thailand may be found difficult for some people to adjust, but there is an incentive from the Thailand Government that would be utterly absurd to be ignored – an offer of ‘elite’ residency visas for 20 years at US$60000 for the retirees. Worries about immigration and accommodation are also to be left behind for the Government is offering other amenities like premium immigration facilities, spa treatments, work permits etc. at no added costs.
Spain’s healthcare system is envied by many across the world for its cheap rates and effective treatment. This makes it extremely viable in a financial sense for the retired couples to enjoy their later ages under the Mediterranean Sun, indulging in luxuries Spain has to offer.
The sum of a cheap economy and a cheap cost of daily living in this country has resulted in many rich businessmen to buy their luxury resorts in Nicaragua. Being one of the poorest countries in the world, luxuries of all kinds can be supported at a cost of around US$1000 a month.
Home to the Panama Canal, this country also provides homes to new settlers at rates of US$1000 per month, which makes Panama the cheapest option to reside in the Americas for retirees. The breath-taking surroundings here make the investment more meaningful in the long term.
Malaysia is a country also famous for being a cheap place to lie is certainly one of them. For costs as less as US$1000 a month, payees can enjoy a decent secured life with a quite a few benefits to be utilised at post-retirement age. Adding to this, genuine organic food can be sourced for less than US$100 a month, making it quite cheap to lead a healthy life.
The best of Mediterranean hospitality and beauty can be enjoyed in this country at throwaway prices. The cost of average living is very low, with the Government also subsidizing the cost of living for the immigrants belonging to the working age population.
Famous for its natural beauty and scenic landscapes, a ticket for the permanent enjoyment of such beauty costs residents as low as US$650 month. The weather here is also perfect, giving residents another reason to enjoy Colombian beaches.
Fiji’s cost of living on a daily basis is unbelievable yet true – only US$25 per day. This low cost is augmented by the lower cost of living and cheap food rates, enabling residents to enjoy the best of Fijian landscapes and the scenic beauty of this country.
Vietnam is a land of varied cuisines, quaint surroundings and cheap living – costing just US$50 per day for a luxurious living in well-established cities like Ho Chi Minh. Filling the tummy is also not a headache here with food costing as less as US$10 per day.
Despite a mixed weather, residents of this city find themselves treated to a healthy dose of luxury and history alike at very reasonable prices. With the real estate sector exploding and the South African Rand holding its against the US Dollar, anything US$400 and US$700 a month is bound to give investors a taste of luxury feasible for a few dollars.
Living a grand life has never been simpler for working professionals. Investors and professionals are advised to consider investing in some real estate in these sites before the opportunity runs out.