What is going on everyone? Welcome back to the world according to briggs and another
international video today we look at the best countries to retire on the cheap for 2021. a lot
of americans will retire with just their social security insurance if you look at the numbers
on that it isn't easy to pull off here in the united states and this sends a lot of americans to
cheaper and more affordable countries and people start calling them ex-pats there's a study every
year by the world retirement index that breaks down different things pertaining to retirement
abroad they look at many things like cost living safety quality of life health care etc etc we take
all their findings put them in our numbers blender and then we rank them we did this list a few years
ago but the pandemic has changed some things so it's time to take another look if this is
something you're looking into look at this video as a starting point and do a lot more research
retirement in a foreign country is a big step and it should be over researched if you ask me
alright let's see where you could live on social security number 10 vietnam sadly a lot of people
think vietnam is a dangerous place it is not it's actually safer than the united kingdom and
south korea sometimes if a place has a strange history it kind of sticks with us the vietnam war
was decades ago but a lot of americans still think there is some kind of conflict going on in vietnam
there is not a lot of big name american companies have factories and stuff there like
nike for instance they relocate a lot of their production staff over there to kind of oversee the
manufacturing and they'll live there for a year or two doesn't matter where you move to in vietnam
just about every place you could pull off living there for about fifteen hundred dollars a month
and that's living comfortably that's not scraping by you don't have to live in the woods you could
live in the major cities and still live off about fifteen hundred dollars a month vietnam has
good health care and a good portion of the population speaks english heat humidity and
bugs are the big problem with vietnam for most people i would say number nine thailand this
one isn't new everybody that has ever thought about you know moving abroad or retiring abroad
thailand's been on their radar at least once what is new is thailand has seen a small dip in their
cost living in rents since the pandemic that's despite the fact that they're seeing more and
more people move here this isn't just for retirees digital nomads have been flooding in for a couple
years now you don't know what a digital nomad is it's someone that just needs a computer to work
so if you want to be in a foreign country with a lot of other westerners this is a great option
a couple can survive here comfortably on about 1200 a month the closer you get to the ocean and
i'm not talking miles or villages away from the ocean if you get 100 yards off the ocean it can
get a little more expensive 50 yards a little more expensive typical of just about any other place
number eight spain several different organizations say spain has one of the lowest costs of living in
western europe a couple can live for about twenty four hundred dollars a month in the major popular
cities if you go to the smaller cities or out in the country a little bit which is really nice
you could survive on fifteen hundred dollars a month for a couple and that's again comfortably
this is another country where it's not really hard to find english-speaking locals but it's spanish
just learn spanish before you go it's not incredibly hard took me about a year to be able
to speak good spanish mandarin on the other hand i tried for about a week and i'll never go back
spain is also considered a first world country with a low cost living which is strange normally
if you're moving to a first world country it's a little expensive spain there's a lot of areas that
are extremely cheap spain also has one of the best healthcare systems in the world and that's
according to the world health organization number seven malaysia known for its beaches its islands
and its rainforests malaysia is normally a tourist spot it is a great country to visit spend a week
there whatever but a lot of people move there and it should also be known for its low-cost
living and nice people english isn't the official language of malaysia but it sure seems like it is
malaysia is one of the most beautiful places on the planet and you'll probably never run out of
things to see or do signs are also in english most of the time so that helps you find all these cool
places to visit the cost of living here is very low including rent a couple can survive
comfortably for around seventeen hundred dollars a month number six mexico ah yes mexico if you're
living in the united states and you don't know much about mexico probably what you do know is a
bunch of negativity they do have some issues down there just like every country i mean the press
tries to make it look like this is just this evil dangerous place it has its spots just like every
other country i mean we got detroit south side chicago and east st louis crime and violence is
everywhere but mexico has some beautiful places to live that are extremely affordable and very safe
the cost of living is incredibly low in mexico two people can live there for between sixteen
hundred a month and twenty eight hundred dollars a month in mexico that number varies depending on
where you land in the country but that number includes your food your rent your health care
number five ecuador growing up in southern california in redondo beach and torrance area
there was a large community of ecuadorian people that actually stemmed from two families that
moved there in the 1930s i went to school with i guess they're the second or third generation
that was born in the united states and of course my favorite thing to do was mispronounce their
native country i used to call eccu a door all the time oh my god it drove him crazy this one girl
used to grab my face and mouth it make you know like squeeze my face like it was a puppet queen
ecuador ecuador great people but the country of ecuador is just south of colombia on the pacific
ocean and just kind of north and west of peru when americans or canadians or actually british people
move to ecuador they stay in one of the coastal cities they've got a couple good ones to choose
from including the country's capital you can buy a condo or something like that for under 150
000 like right on the ocean i was kind of looking at them and you can actually find them for under a
hundred thousand in some of the smaller cities rent will run you under 600 again really close
to the ocean a couple can comfortably survive in ecuador on about sixteen hundred dollars a month
number four panama i love panama i lived in panama for a while it's a great country outside of
cologne and the panama city metro area the country is small towns very small cities and jungle it's a
beautiful place very green it's wet all the time and it's hot most of the time the good news is
they don't get hurricanes or anything like that if they do it is very very rare but having two major
bodies of water right next to each other kind of makes the weather change drastically very quickly
after that this is a great place to live if you don't mind the wet and the heat wonderful place
to live they have good health care and a lot of americans live down there now too and a lot of
the people speak english here's an interesting fact panama city is the only first world city
in central america according to the world bank panama city is probably the most expensive place
to live there and you can get an ocean view condo for about sixteen hundred dollars a month go down
to cologne some other little small towns are small cities and you're probably looking around
maybe a thousand bucks or less a month to be really close to the ocean number three
belize belize is a small country nobody really knows about it is south of mexico's yucatan
peninsula it has guatemala on its southern and western border in the caribbean sea to the east
this is kind of an underdeveloped country they only have one real city and that's
belize city the northern section like from belize city on up is where most expats are
heading to there's plenty of great small towns coastlined dense jungle which has some mayan
ruins in it you can live comfortably in belize city for about sixteen hundred dollars a month
number two costa rica so we go from belize which people are just starting to find out about to
costa rica where americans and canadians have been flocking to in their retirement for decades costa
rica is beautiful they have jungles and plenty of coastline with great beaches and pretty good surf
i have relatives that go down there and surf every couple years a lot of cruise ships also
dock in costa rica so if you ever get a chance and you're gonna take a cruise let's say through the
panama canal from like san diego or los angeles you'll probably stop in costa rica my suggestion
get off the ship that day it's worth it we talked about costa rica before when we were talking about
gaining citizenship in other countries costa rica because it's so popular you gotta jump
through some extra hoops to get citizenship in this country and that's because so many people
are just flooding down there they've got great healthcare it's a socialized medicine program
which will cost just somewhere between eight and ten percent of your monthly income costa rica is
a very stable country it's a solid democracy with some socialized programs that really just help out
the population you can live here comfortably with your socialized medicine payment and all
your rent and food and everything like that all things considered for about eighteen hundred
dollars a month but it's probably one of the best countries to live in central or south america
before we get to number one don't forget we have another channel called on this day there is a link
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leave a comment give some videos big thumbs up just like this video alright on to number one and
number one portugal if you are looking to retire to another country you probably already know about
portugal it is on everyone's list as the best place for expats to retire portugal is a very
welcoming country portugal has the atlantic ocean on the west and the south border with spain on the
east and the north border from the 1500s to the 1800s they were big at cruising across the ocean
and planting their flag at different places over the decades and centuries they've given
back most of those places or they've gained their independence but portugal still has a
lot of little islands so if you become a citizen you can go to them like the azores this small
country had a big influence on world history it is a very interesting subject these days it's being
discovered by retirees from around the globe a lot of retirees head to portugal they got great
weather good healthcare wonderful people things to do and it's affordable is it as affordable as
some of the other places on this list no but this is the best place to live so it's going
to be a little more expensive a couple can live comfortably in portugal for about 2 500 a month
and it's kind of worth it it's one of the safest countries on the planet depending on the study you
look at and the year you look at they're usually in the top five or safest countries in the world
all right so there you have it 10 countries you could survive on on american social security
maybe nine because portugal is a little expensive you might need a little extra cash but that
country is totally worth the extra expense alright everyone have a great day be nice to each other