How does it work when a working man becomes a man of leisure by simply moving from one country to another?
I've heard of people moving to other countries to retire early or make the most of their retirement. How is this possible?
Public Comments
- Because the cost of living if much less in some other countries.. in some you can move to another country, live in a big house with live in cook & maid for less than you live on here. Even in this country, if you sell your house in California for $700,000 and move to Mississippi, you could buy a house outright for 200,000 and live off the rest.
- Philosofical... They make the most of their retirement just because the new country is always the new life where they have no "history": no debt, no spoiled reputation, no problems! Isn't this the best way to achieve calm, and enjoyable retirement?
- The simple calculation is the GDP (PPP) per capita means average earning of a person of that country. If a person moves from third world to well developed country automatically his per capita earning increases tremendously. so he will make more money what he was doing in his previous country. More money means may be early retirement. This is possible because of globalization.
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