10 Million bucks... where would you retire?

[LALes]

4 months San Francisco

4 months Honolulu

4 months Bangkok

of course, there will be side trips to Manhattan and Italy.

If you can't retire on $10 million, you need help.

[BKResort]

10 mil US dollars

If you do not know where to retire with 10 million dollars...you are "aguyfromanotherplanet"

[theguyfromanotherforum]

10 mil US dollars

If you do not know where to retire with 10 million dollars...you are "aguyfromanotherplanet"

It's a forum chitchat. Get off yer galactic horse

[seancbk]

It would depend by what age I had amassed this US$ 10 Million.

If I had it now I would not retire in any one place. I would travel the world going from city to city meeting up with friends and discovering different places.

If I was older and travelling all the time didn't appeal, then I'd probably just stay in Bangkok.

[Shiver]

Firstly I would never retire. I'd always want to keep my hand in on something that interested me. I'm told by at least one friend that he's bored sh1tless with Thailand followed with "you know what though? It's the best of the SE Asian countries". He's off to explore south American countries next. I might copy him one day. If you consider something like Argentina with the official bank exchange rate compared to what you can actually get on the street for a USD, your money will go much much further. USD$10mill might sound nice, but if you have nothing to do other than read the morning paper with your coffee or get on the beer in the afternoon with other expats, then anywhere in the world will not make you happy.

I've wondered a few times if I should crowdfund a project or maybe two for people who have some kind of savings, but more importantly a real zest for life to follow their passion once they have identified it.

[Caca4u]

Not thailand.

Somewhere in California.

[LukKrueng]

Do you actually HAVE the $10 million? Coz if you do, you could afford Japan or any other country in the world, and you won't have any social problems anywhere.

However, if you don't have it, and you are getting near the age of retirement, what's the point of this tread?

[sipi]

New Zealand.

ha, i am back in nz now on holiday. it is a great country but i am looking foward to getting back to thailand. nz is the place to be is the world goes into melt down otherwise thailand is pretty good.

I am on a small island a few hundred k's to the West of NZ. This place would probably my second choice if the world melts down.

I put NZ first because the heat kills me.

[little mary sunshine]

Six months in Hawaii, three in Singapore, three in Thailand.

[theguyfromanotherforum]

Do you actually HAVE the $10 million? Coz if you do, you could afford Japan or any other country in the world, and you won't have any social problems anywhere.

However, if you don't have it, and you are getting near the age of retirement, what's the point of this tread?

What's the point of having such a dumb username?

[fishbrando]

That might be enough for a small closet in San Francisco.

[Transporter]

Without a doubt Japan,

2 million for an apartment in Tokyo, 8 to live off, more than doable.

Socialising is easy.

I Arrived with a suitcase left 4 years later with a wife

Som Nam Na!

[Transporter]

Thailand For Me. Everyday gets more and more interesting

[Tracyb]

If I had $10,000,000.00 I would set up my base in San Diego then travel the world, returning home to regroup, refresh, and plan my next journey.

[BuriramDevelopers]

$ € or THB...?

the first 2 MIAMI..... the last i'll just stay in Buriram. lol...Cheers

[Daffy D]

Get on one of those Cruises that you can live on, and just keep circling the globe, and think about it for awhile.

That would be my choice too

[F4UCorsair]

Without a doubt Japan,

2 million for an apartment in Tokyo, 8 to live off, more than doable.

Socialising is easy.

I Arrived with a suitcase left 4 years later with a wife

Did she have crooked teeth and skinny bowed legs??

Japan leads the world in dental research but they have terrible teeth. May be a cost problem?

Not much can be done about the legs.

Edited March 8, 2016 by F4UCorsair

[off road pat]

If I had 10 Million dollars, why would I want to stay in one place?

Exactly my Thoughts.....!!! Travel...Travel....Travel.....Just as I do now......!!! wouldn't change a thing, but could help some family members and good friends with a little financial push....

Best regards.....

Edited March 8, 2016 by off road pat

[MrBanks]

For me it is the area around Lake Mabprachan, we are far enough out of Pattaya, yet close enough to go shopping, eat in the reataurants etc. We are only an hour from the airport and an hour and half from Bangkok.

We can travel when we like, so when it is too hot here off we go anywhere we want in the world, the airport is on our doorstep. When we have had enough travelling we return to a home and life style that is much better than we have in the UK. A large house with a pool, staff to do the garden and clean the house, do the laundry etc. all for a fraction of the price back in England.

Having $10,000,000 gives you a fantastic retirement, the secret is finding "home".

[Rockhopper]

Move next to me and I will invest the 10 million for you.

[billd766]

New Zealand.

I spent a year there working in 2008/09.

A great place to live and work. I spent 3 months in Taupo on the north island during the summer and autumn. Nice sunny days and I could see the snow on top of MT Ruapehu all year round.

The food was great too as was the wine.

[seancbk]

According to Conde Nast's annual "Where to retire rankings" Penang in Malaysia is now the No.2 spot.

http://www.nst.com.my/news/2016/03/131568/penang-ranks-among-top-10-best-places-world-retire


Look pretty good actually.

The Malaysia My Second Home program (commonly abbreviated "MM2H") is an international residency scheme enacted by the Government of Malaysia to allow foreigners to live in the country on a long-stay visa of up to 10 years. To qualify for the program, applicants must meet certain financial and medical criteria. Successful applicants are then entitled to enter and leave the country on a largely unrestricted basis, and also benefit from other incentives aimed at making their stay in Malaysia more convenient. Certain restrictions may apply.

Approval criteria[edit] Financial requirement

Applicants below 50 years old are required to open a fixed deposit account in Malaysia of MYR300,000.00 at any bank with a local branch. This includes local branches of international banks such as HSBC, Standard Chartered, etc.

After a period of one year, the participant can withdraw up to MYR150,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes. However, a minimum balance of MYR150,000.00 must be maintained from the second year onwards and throughout stay in Malaysia under this program.

Note: Fixed deposits (similar to time deposits), in Malaysia are a conservative form of investment with interest rates ranging from 3% to 4% per annum (p.a.).^[3]

Applicants 50 years old and above can either choose to:

• Open a fixed deposit account in Malaysia of MYR150,000.00 with a local branch; OR
• Show proof of monthly off-shore government pension of at least MYR10,000.00.

Note : In addition to the above, all applicants are required to show that they have sufficient funds to maintain themselves for the duration of the 10-year visa. In practice this means showing at least MYR150,000 in the bank, and a monthly income of MYR10,000.

After a period of one year, the participant who fulfills the fixed deposit criteria can withdraw up to MYR50,000.00 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes. However, a minimum balance of MYR100,000.00 must be maintained from the second year onwards and throughout stay in Malaysia under this program.

[al007]

Presume you are talking 10.0M US, you have obviously done well, you are correct to worry is it enough, because if you have this worry obviously it is not, ENOUGH

Maybe review situation again when you have 25MUS$

Trust you work 24/7

Keep us advised of progress

[marcofunny]

Portugal’s Algarve province is the best place to retire in the world Great weather, very safe with great beaches and has International-standard health care, the country s government takes very special care of all retirees, it negotiated all sort of tax treaties with other governments to ensure retirees pays zero taxes, also considering that the foreigner owns 100% of his proprieties unlike many other countries.

Edited March 8, 2016 by marcofunny

[marcofunny]

The Malaysia My Second Home program (commonly abbreviated "MM2H") is an international residency scheme enacted by the Government of Malaysia to allow foreigners to live in the country on a long-stay visa of up to 10 years. To qualify for the program, applicants must meet certain financial and medical criteria. Successful applicants are then entitled to enter and leave the country on a largely unrestricted basis, and also benefit from other incentives aimed at making their stay in Malaysia more convenient. Certain restrictions may apply.

I found the weather of Malaysia to be very depressing with constant rainfall, visa is not an issue in Malaysia, a friend of mine who s American lived 20 years there with only 90 days social exempt visa doing the visa run to Singapore every 90 days, the immigration never questioned him not even once, I understands that Malaysia welcomes all western visitors.

Edited March 8, 2016 by marcofunny

[stgrhe]

Somewhere in Queensland, Australia, or the southern parts of Portugal would be places I would consider.

[stgrhe]

The Malaysia My Second Home program (commonly abbreviated "MM2H") is an international residency scheme enacted by the Government of Malaysia to allow foreigners to live in the country on a long-stay visa of up to 10 years. To qualify for the program, applicants must meet certain financial and medical criteria. Successful applicants are then entitled to enter and leave the country on a largely unrestricted basis, and also benefit from other incentives aimed at making their stay in Malaysia more convenient. Certain restrictions may apply.

I found the weather of Malaysia to be very depressing with constant rainfall, visa is not an issue in Malaysia, a friend of mine who s American lived 20 years there with only 90 days social exempt visa doing the visa run to Singapore every 90 days, the immigration never questioned him not even once, I understands that Malaysia welcomes all western visitors.

Malaysia is not a bad alternative, and much more friendly than Thailand, provided one is a city-slicker and could fancy living in KL. The countryside is rather boring and very backwards.

[ozyjon]

Get on one of those Cruises that you can live on, and just keep circling the globe, and think about it for awhile.

Not such a bad idea, i read an article where an old lady lives on a cruise ship permanently

there are also retirement cruises available, not bad at all.

[seancbk]

The Malaysia My Second Home program (commonly abbreviated "MM2H") is an international residency scheme enacted by the Government of Malaysia to allow foreigners to live in the country on a long-stay visa of up to 10 years. To qualify for the program, applicants must meet certain financial and medical criteria. Successful applicants are then entitled to enter and leave the country on a largely unrestricted basis, and also benefit from other incentives aimed at making their stay in Malaysia more convenient. Certain restrictions may apply.

I found the weather of Malaysia to be very depressing with constant rainfall, visa is not an issue in Malaysia, a friend of mine who s American lived 20 years there with only 90 days social exempt visa doing the visa run to Singapore every 90 days, the immigration never questioned him not even once, I understands that Malaysia welcomes all western visitors.

Malaysia is not a bad alternative, and much more friendly than Thailand, provided one is a city-slicker and could fancy living in KL. The countryside is rather boring and very backwards.

If you read my original post you would have seen that the place mentioned is Penang, not KL.

Two very different places.

[xen]

I would choose Singapore . I would choose boring !. I have had enough of excitement and need to spend the last few years just on that slow slide into peaceful oblivion . A Gin and Tonic at 6.00 every night type of life . I would choose somewhere tropical and safe . I can obey most laws especially if they are sensical and do not harm me or my family.Now that i am older i can shut my mouth and reign in my indignation with firm legislation. With that i don't expect to be shook-down at most police stops. And i won't see great slabs of public money intended for infrastructure getting chewed up by politicians .

I also think Singapore is one of the best and most beautiful tropical cities i have been to . They are areas around Geyling for example that are a bit iffy but generally the appreciation of the natural and built landscape is sought after.

With 10 mill you can afford the best of both worlds , the East and West , Bollywood and Hollywood, Chinese and Euro operas, Jazz Rock and Musicals, Libraries and Art Galleries , Great shopping, botanical gardens and parks plus and it is only a short flight to BKK, HK, Penang, KL, and Oz for me. If you have a real need to go tom-catting then it is only a short ferry ride over to Indonesia .

Failing somebody lodging that 10 mill in my bank account the second place i would choose would be Palau and if you don't know where it is then i guess you will miss out on the G&T's at 6.00.

Edited March 8, 2016 by xen