Yesterday evening the Live and invest Overseas Conference ended after a densely scheduled three-day smorgasbord of information for expats and plan-to-be expats. (I’ve decided that’s a better phrase than “wannabe.”)
Last month I speculated about the 20 countries they’d recommend, and I’m happy to report I pretty much nailed it. There was only one country on the list that really surprised me.
Here, without further ado, are their recommendations for the 20 top countries that North Americans should have on their list of potential places to live or retire abroad affordably.
If You Want to Live in Asia
Overall, Southeast Asia is the least expensive part of the world to live. There are notable exceptions, of course, like Singapore, but this region includes six out of the 20 top picks. Here are the best places to live in Asia, in alphabetical order.
- France, particularly the Languedoc and Aquitaine regions
If You Want to Live in Europe
Although parts of Europe (Paris, London) are quite costly, other areas are surprisingly affordable. Follow these recommendations for the best places to live in Europe.
If You Want to Live in Latin America
Nine of the top 20 countries are in Latin America. It’s not surprising, as proximity to the US and staying in time zones close to the US’ are important to many expats. Here are the best, most affordable, places to live in Latin America.
I mentioned that one country’s inclusion surprised me, and that’s Brazil. While some expat experts have been promoting the country for a long time, Kathleen has held back. Her objections have been well thought out, and involve important issues like ease of moving your money out of the country when/if you decide to leave.
While the presentation on each country emphasized its positive aspects, there was also a discussion of the country’s cons. In short, the conference provided practical, actionable information for deciding on an overseas destination.
If your budget is really tight, remember that living in a major city is always more costly than living away the the metro area. In these countries, you can find areas that will work for you and your budget and give you a North American, middle class standard of living.
All the information from the conference will be available soon. . . watch for details!