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Old 06-08-2021, 04:45 PM  
MTG#10 MTG#10 is offline
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Which country would be the easiest to move to and instantly be wealthy?
I'm not going to reveal my net worth, but if I were to sell my home, most of my property, cash out my 401k and basically liquidate everything where would be the easiest to move to and live comfortably without having to work again? Developed nations only, I'm not moving to Haiti.
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Old 06-08-2021, 04:45 PM   #2
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Old 06-08-2021, 04:47 PM   #3
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Be wealthy and live comfortably are definitely two different things.
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Old 06-08-2021, 04:48 PM   #4
scho63 scho63 is offline
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Old 06-08-2021, 04:49 PM   #5
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Missouri
He specified somewhere that is developed.
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Old 06-08-2021, 04:51 PM   #6
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My cousin retired from the state of Colorado and moved to Colombia. He couldn't live on his pension in the U.S. without continuing to work, but down there he lives comfortably; not rich, but I'm sure he seems rich to most of his neighbors.

Seems to enjoy doing nothing.
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Old 06-08-2021, 04:52 PM   #7
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He specified somewhere that is developed.
Dude, some of us have actually been to Nebraska.
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Old 06-08-2021, 04:52 PM   #8
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Nicaragua, Vietnam, Dominican Republic, Costa Rico, Mexico, Ecuador, Philippines
Vietnam or Philippines would be my choices from that list, I'm a sucker for Asian girls.

How much money would I need to move to one of those countries and be wealthy?
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Old 06-08-2021, 04:56 PM   #9
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Old 06-08-2021, 04:57 PM   #10
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Old 06-08-2021, 05:03 PM   #11
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Panama would be my first choice followed by Phillipines
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Old 06-08-2021, 05:04 PM   #12
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Costa Rica seems to be a popular place for American retirees
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Old 06-08-2021, 05:04 PM   #13
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Vietnam or Philippines would be my choices from that list, I'm a sucker for Asian girls.

How much money would I need to move to one of those countries and be wealthy?
6K / yr income is about average in those countries.
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Old 06-08-2021, 05:04 PM   #14
scho63 scho63 is offline
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Vietnam or Philippines would be my choices from that list, I'm a sucker for Asian girls.

How much money would I need to move to one of those countries and be wealthy?
Do a quick search for best places to retire in the World.

Good starting point.

Next look at costs of renting a place, easy to find online with pictures.

Then you can dig into what a local restaurant costs for a meal. Some can be like $4-5 max.
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Old 06-08-2021, 05:05 PM   #15
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