Retire Overseas: 3 Top ‘Luxury-on-a-Budget’ Boltholes for Aussie Retirees

Like me you might think Australia is the best country on earth. It’s beautiful…ecologically diverse… warm and sunny most of the time… visually stunning in so many ways. Let’s face it, we did pretty well out of Mother Nature.

But is Australia the best country to retire in?

I’m not so sure. You see Australia also has a very high cost of living, is highly regulated, has the most expensive real estate in the world and is one of the most heavily taxed countries on earth. Healthcare isn’t exactly cheap, either.

Now I have no doubt whatsoever that you can afford to live very well indeed if you invest well now. You won’t run out of money. You won’t need to sell any of your assets or stocks. You’ll have a regular income from your investments. You’ll be able to make lots of exciting plans – and execute them.

But the fact remains; this is an expensive country for seniors. And it’s not getting any cheaper.

One of the biggest decisions of all for you to consider is whether you want to spend all of your retirement in Australia.

The alternative is spending some of your retirement time overseas.

You may have already considered it. I certainly wouldn’t discount it. My colleagues at International Living Australia have spent the last few months discovering that there are a host of retirement destinations around the world that are cheaper… healthier… safer… freer… than you ever thought possible.

In some of the destinations the guys over at International Living Australia have been looking at you really can live like royalty on a few bucks a day.

They’ve written a report detailing the three best paradise boltholes for Aussie retirees. Not necessarily to relocate permanently to. But to escape to for a few months of every year when you fancy a bit of the good life you’ve earned.

Places where your retirement income will afford you a dream lifestyle in the sunshine… where you can while away hours without a care in the world…lie on the beach with a good book… take in breathtaking scenery… enjoy exotic cuisine… but still enjoy access to modern conveniences and affordable, world class healthcare – all without putting a serious dent in your nest-egg.

All of their research is in a brand new report they’ve put together called: “Retire Overseas with Ease: – 3 paradise boltholes where Aussies can live like a king on the cheap”

You can find out how to get a copy of this report here

Let me give you a quick taste of what’s in it…

Paradise Bolthole 1: The Subtropical Gateway to Europe

This small Mediterranean group of islands enjoys a subtropical climate with mild winters and warm to hot summers. It’s only a couple of hours’ flight from most major European capitals.

One of the world’s smallest states, it’s also steeped in history that stretches back to pre-biblical times. But it’s no backwards country. The IMF considers it one of the 32 advanced economies of the world. In addition…

  • English is the main language spoken here
  • It has the fifth best healthcare system in the world according to the WHO
  • You can buy your retirement pad for a half or even a third of the cost of the same property in Sydney and Melbourne
  • There’s no double taxation thanks to a tax Agreement with the ATO
  • You can enjoy a draught beer on tap for $2.70 a pot – or schooner if you prefer

If you like the idea of making this your retirement retreat, I’ve crammed much more detail in this new report. You’ll also learn about…

Paradise Bolthole 2: The South East Asian Idyll Where the Swiss Go To Hide

If the thought of putting 30 hours plus of travel between you and your loved ones doesn’t appeal, you’ll be pleased to hear there are some great retirement destinations closer to home.

The one picked as the best by International Living Australia is on our doorstep, relatively speaking. It’s just 12 hours from Melbourne.

But it’s nothing like Melbourne. And it’s nowhere near as expensive. According to the website, prices are around 65% lower in this South East Asian bolthole than in the Victorian capital.

There’s lots of Swiss expats here too. They’re a clever bunch, the Swiss. They don’t like tax. They’re financially literate. And you can be sure they’ve done their sums. The fact that thousands of Swiss choose to make this their home speaks volumes.

In addition, you can enjoy…

  • A Tropical climate – wet and dry seasons, temperatures around the late 20s / early 30s all year round
  • All the convenience of a thoroughly modern city, including a great transport infrastructure
  • Low Monthly rentals – a one-bedroom apartment will set you back as little as $220
  • Low energy bills – expect to pay between $6 – $30 per month for electricity
  • World class food at economy class prices. A three course meal for two in a top restaurant costs as little as $13.75.
  • Strong family values – this is a country that holds senior citizens in extremely high esteem.

You’ll learn more in the International Living Postcards (Australian Edition) report. It’ll also tell you all about…

Paradise Bolthole 3: The Central American Eden where you can have it all

I think the most interesting thing that came out of this research was the incredible opportunities for Aussie retirees in Central America.

I’ll be honest, I had all the same pre-conceived notions of the region that you probably do. But that’s because my only prior knowledge of this part of the world came from the western news media.

In truth, as International Living Australia has discovered, behind the exaggerated headlines this is one of the most beautiful, unspoiled and friendliest parts of the world. And it’s so ridiculously cheap to live well here, you’ll consider moving the family out with you.

In this particular spot you can enjoy…

  • An unrivalled choice of spectacular mountains, high plains, jungle, or coastal settings
  • Coastal lowlands in the west of the country have a tropical climate with average daily temps of around 25 Celsius – all year round!
  • Some of the friendliest and most welcoming locals anywhere in the world
  • Pocket change property: buy a beachfront condo for $60,000, with a spectacular view of the crashing Pacific
  • Hardly any red tape: for example, you don’t need to be a resident to own property.
  • World-class healthcare at a fraction of the costs back home – along with doctors trained in the U.S. who speak English
  • Dinner out for $2.50… and a beer for 85¢

I won’t go into any more detail here in Markets and Money. I’m just trying to get across to you that, whether you’ve considered it or not, this kind of a lifestyle isn’t out of your reach.

I know it’s not for everyone. But if you’ve ever pictured yourself spending time overseas in retirement and you want some ideas, or even if you’re just curious about how your retirement dollars can stretch to this kind of lifestyle, why not take a look at this brand mew report from my friends at International Living Australia.


Nick Hubble
Markets and Money

Having gained degrees in Finance, Economics and Law from the prestigious Bond University, Nick completed an internship at probably the most famous investment bank in the world, where he discovered what the financial world was really like.

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