When it comes to finding a cheap country to retire you, you might want to consider some of the many options in Asia. These countries are typically relatively inexpensive to live in, and they feature the warm weather that many people prefer throughout the year. One of the countries that many are considering these days is Laos.
One of the benefits of choosing Laos as a cheap country to retire to is the fact that it is so inexpensive. You can rent a home starting at around $100 per month, and cover all your expenses with a few hundred dollars a month if you need to. Unfortunately, foreigners are not allowed to own property, even if they are married to a citizen of Laos.
Most foreigners who retire in Laos do so in the capital city of Vientiane. This is a good option for those who prefer the simple life since there aren’t a lot of amenities available, or a lot of imported products. There also aren’t any good medical facilities. However, those who want access to these things can cross the border into Thailand, where the nearby city of Nongkhai can meet these needs. Crossing the border can be done easily with the purchase of a tourist visa that lasts one month.
Foreigners have a number of different options when it comes to visas. If you want to retire permanently to Laos you can get an immigrant visa, but then you will need to apply for exit permits whenever you leave. Other options include long term business visas, which require the help of a company that can employ you as a consultant, or tourist visas each month (which will quickly fill up your passport).
There aren’t a lot of options for entertainment in Laos, although there is a movie theater, bowling alleys, shops and restaurants. The main foreigners are those expats that are employed by NGOs and those employed by embassies and development projects. It would be wise to cultivate some local friendships with citizens of Laos.
You will also need to keep in mind that people tend to be very conservative, and make note of the cultural differences that exist so that you don’t offend people. It is illegal for a foreign man to cohabit with a Lao lady that he is not married to, so relationships with local women need to be handled very carefully.
You can explore more about what makes Laos a cheap place to retire around the world.