My mother died and I now have a 600k inheritance.

My mother died and I now have a 600k inheritance. Which developing country should I buy a property and retire in with this money?

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  1. 2 years ago
    Anonymous

    1. Anon, if no troll - I'm sorry for your loss.
    2. Anon - foreigners owning property abroad is a tricky thing. Japan allows 100% foreign ownership, but does not grant you any visa or residency, meanwhile Indonesia/Thailand/Philippines have "residency" schemes that do allow this which are all tons of frickery and shit.
    3. Buying property and retirement are completely different things.
    4. I highly advise you, since your'e asking this question, not to buy property and do the traditional fly around, coom and frick around to see which place you like and learn.

    5. For the longest time, 2015-2020, I was 100% into Philippines, but luckily I didn't invest in buying property, it's now a shitshow. During pandemic, I was blocked going to PH so I just went to Indonesia, and found the landscape to be 100% different and better. I did invest in property and my investments did go 500%+ (bali only, but also some lots in Lombok) I ironically did found a airbnbesque business because I timed it right and earlier this year locked down villas that are in Canggu/Berawa for 5-10yr contracts. My experience in the foreigner hostile PH led me to Indonesia.

    6. Property is risky, if Indo closes it's gates again, I'll break even but no profit on all my properties but can ride it out. Yes, I don't "own" them, but I do own some land lots as a foreigner through a corporation. There are many loopholes, because most SEasia countries do not allow foreign ownership unless you are a corporation and even then - it's muddy and you need to understand the landscape and legal climate. Indonesia I trust, PH I don't. Thailand same.

    7. While I do make 25K USD monthly on my bali investments, it is *tons* easier to not have spent 7-10k/yr for each of the proerties I earned because it was much touch and go in the beginning. Part of life is just doing nothing and enjoying it, and 600k in Asia is enough to retire, and rent a nice place and not worry much. Frick around, find a wife and family.

    • 2 years ago
      Anonymous

      The biggest thing to remember is that you didn't "make or earn" that 600k. It was given to you. If you had a successful history of doing business or investments that's one thing, but your question is really an open ended one that you can only answer by flying around, fricking around, making friends (real friends with locals, not other foreigners, though other foreigners who are married to local and long term are ideal) and find what you really want.

      Even if you end up spending 20-50k just fricking around, cooming and such, atleast you still have a principal of 550k to stay "home" vs leaving asia with nothing.

      Many schemes, scams and such of all porportions exist in Asia 🙂 it excites me, and that's why I came here. You have an excellent runway and once you lose it, you will have no more "gas" to really exist/continue in asialand.

      So have fun SighSeeanon, ask more questions but this board really isn't for that. If I misunderstood and you just want to buy "somewhere" to live, once again, rent is easier. If you want to buy property and make it a business for more income, that's not retirement.

      Retirement is about forecasting and knowing your financial runway, 600k spending 10k a year, is an easy life. Sure you can even go 15-20k and still have a good time. at 20k/yr it's 30 years, at 10k it's 60 years.

      How old are you? And decide then.

      T. PT PMA / GK JP / USA LLC SighSee owner who somehow made the right choices while fricking around as a digital nomad for a FAANG.

      Thanks for the advice. I'm 20 years old if that matters.

      • 2 years ago
        Anonymous

        Do you have a stable job? I would get that first at where you plan to move to.
        $600k will get sucked out fast if you aren't careful. Do not let anyone talk you into investing it, especially if you dont know what your investing into. I would highly advise not to buy a house if you dont even know where you are moving to. Do not share how much you have with strangers, DO NOT DO THAT. Everyone has an opinion about YOUR money (including me) dont be a sucker. There around millions of people wanting to prey on people like you. It is your money. I would highly recommed putting it in a savings account for now where it is safe while you decide what to do with it. Dumping it all into a house will just put you in debt. You need a stable career and know where you want to live first.
        Dont let your emotions get to you, there are a lot of changes happening in your life and you are only 20 years old. I am so sorry for losing your mom though.

        • 2 years ago
          Anonymous

          Also second this anon

          >As for title issues, they are resolved by money, or scaring people who want to muddy the title.
          The problem is you as a foreigner are seen as nothing but a piggybank. People will come out of the woodwork. Government officials will be unsympathetic. Scams are plenty. Like I said, hire a locally reputable attorney to vet the deals you make. Attorney will also know who you actually need to pay off and who isn't worth your time.

          But yes tell no one. Even good friends and close family don't know know the total of assets I have. I own several properties. They know I made some deals in real estate. But I don't discuss specifics.

          Consider this kind of a fallback. Like don't rely on it, keep pursuing career options. But it's nice to not have to take anybody's shit if you don't have to.

          Dont even tell other family like they said. Treat this money as a fallback. You should get yourself a steady income first. Again, that money will go very fast if you arent careful.

        • 2 years ago
          Anonymous

          Here's some boomer wisdom that should contrast with whatever SighSee frickery is going on here. 600k is litterally nothing and you're not retiring at 20 years old otherwise you'll be living a life of constant misery and once the well has dried out it's back to square one except you're older, lazier, and less valuable in the job market than a few years ago. You will absolutely shit yourself as you approach the end of your money and there will be nothing you could do at that point. Also, i won't even talk of the sheer degeneracy associated with not doing crap for years and sitting on your pile of cash. You're going to be like "nice i get to discover new things" but all you'll really do is snort coke and throw money

          You can really have a good, simple, low-stress life if, when all is done and gone and your career is set up and you're getting a decent salary, you've still got your money to play around with. It'll give you a lot of financial leeway for important needs later, by basically allowing you to buy a house cash and getting rent out of the way, helping with your potential kids tuition, and/or starting a business. Your mom gave you one final shot at true happiness, don't ruin it all by squandering what she gave you.

          Also second this anon [...]
          Dont even tell other family like they said. Treat this money as a fallback. You should get yourself a steady income first. Again, that money will go very fast if you arent careful.

          These guys get it and you should follow their advice.

          • 2 years ago
            Anonymous

            >Here's some boomer wisdom
            >600k is litterally nothing
            i fricking hate boomers so much bros

            • 2 years ago
              Anonymous

              No, you just hate yourself for being poor. Once you actually live, and have some real cash, you'll quickly realize your current life was a waste, working a month just to earn $1600.

              lol 🙂 "im poor i hate boomers so much" no son, one day you'll understand.

              • 2 years ago
                Anonymous

                imagine inflating the cost of everything so much from selling the western world to israelites and third worlders that 600k is "literally nothing". boomers will never be surpassed as the worst gen

    • 2 years ago
      Anonymous

      The biggest thing to remember is that you didn't "make or earn" that 600k. It was given to you. If you had a successful history of doing business or investments that's one thing, but your question is really an open ended one that you can only answer by flying around, fricking around, making friends (real friends with locals, not other foreigners, though other foreigners who are married to local and long term are ideal) and find what you really want.

      Even if you end up spending 20-50k just fricking around, cooming and such, atleast you still have a principal of 550k to stay "home" vs leaving asia with nothing.

      Many schemes, scams and such of all porportions exist in Asia 🙂 it excites me, and that's why I came here. You have an excellent runway and once you lose it, you will have no more "gas" to really exist/continue in asialand.

      So have fun SighSeeanon, ask more questions but this board really isn't for that. If I misunderstood and you just want to buy "somewhere" to live, once again, rent is easier. If you want to buy property and make it a business for more income, that's not retirement.

      Retirement is about forecasting and knowing your financial runway, 600k spending 10k a year, is an easy life. Sure you can even go 15-20k and still have a good time. at 20k/yr it's 30 years, at 10k it's 60 years.

      How old are you? And decide then.

      T. PT PMA / GK JP / USA LLC SighSee owner who somehow made the right choices while fricking around as a digital nomad for a FAANG.

      This is me and 100%

      The United States and I'm not joking.
      That's easily enough money to buy a couple condos and rent them out or Airbnb them.

      If you opt for somewhere else pick somewhere up and coming.
      >not japan
      Somewhere tourism is increasing every year...
      But hire a reputable attorney to walk you through the pitfalls especially in developing countries where land title disputes are common.

      I didn't write invest in USA, but USA really is the best place to park money and with housing a bit crashing, you can come in and operate as airbnb magnate or more if you don't want to retire.

      You're 20, so yeah you're a babby (I'm in my 30's) and I 100% would say, park that cash for a year or two, mutual funds, or other save haven so you make some interest on it and find out who you are and *TELL* no one. Not the hookers you frick, the gf or two you pick up, etc. You should focus on your future, because, you have 600k now but you may be poor as frick in a year or five or ten.

      You've been given a chance to set your life up for easy sailing, as long as you don't spend it. The biggest thing I learned in bizness is saying no, how to say no, and saying no without saying no.

      That should be you now. Retirement in 20's isn't worth it, you will get bored, find a passion, make friends, join a community. Cooming and traveling asia is fun, but it will leave you empty by 25. Unironically, university abroad would be good - you are among peers, with money and influence, and you can make good contacts. 600k can buy you into any abroad program easily. And by that I mean it should cost 5k or so - and since you have no income you can also do financial assistance plans because they do not take into account assets, only income.

      The United States and I'm not joking.
      That's easily enough money to buy a couple condos and rent them out or Airbnb them.

      If you opt for somewhere else pick somewhere up and coming.
      >not japan
      Somewhere tourism is increasing every year...
      But hire a reputable attorney to walk you through the pitfalls especially in developing countries where land title disputes are common.

      As for title issues, they are resolved by money, or scaring people who want to muddy the title. Be careful of how you approach this - in the PH it's common to hire guys to toss gas filled glass bottles into slums to clear them out (look at Aqua Residences, Mandalyoung, Manila PH) and same protocol for elsewhere. The problem is, you need to use corporations and shells to hide ownership is you.

      But even then, you are a foreigner. It isn't worth it for a house, but for an income creating machine, it could be

      I can go on, and honestly anon, dont' buy property, you're 20, rent 6 months and move on.

      • 2 years ago
        Anonymous

        >As for title issues, they are resolved by money, or scaring people who want to muddy the title.
        The problem is you as a foreigner are seen as nothing but a piggybank. People will come out of the woodwork. Government officials will be unsympathetic. Scams are plenty. Like I said, hire a locally reputable attorney to vet the deals you make. Attorney will also know who you actually need to pay off and who isn't worth your time.

        But yes tell no one. Even good friends and close family don't know know the total of assets I have. I own several properties. They know I made some deals in real estate. But I don't discuss specifics.

        Consider this kind of a fallback. Like don't rely on it, keep pursuing career options. But it's nice to not have to take anybody's shit if you don't have to.

      • 2 years ago
        Anonymous

        >in the PH it's common to hire guys to toss gas filled glass bottles into slums to clear them out (look at Aqua Residences, Mandalyoung, Manila PH)
        You're giving off some ESL vibes with your posts, that or you're just drunk. What are you talking about with this? People want to purchase certain areas of land, so they turn it into a dump, driving the current residents out, then own it after? Please explain.

        • 2 years ago
          Anonymous

          1. Esl Vibes? Frick you.
          2. You're insulting me and then want me to give you advice?
          3. No, people buy land because it has mudied title, multiple owners or poor chain of custody of ownership so squatters are there - so you need to drive them out.
          4. Asia human rights do not exist, pay off the PNP and such and you can drive people out with ease in the PH. Same for China, Thailand, etc.
          5. You're moronic. If you don't understand it from more, then you really shouldn't be playing in asialand.

          [...]

          SighSee bro, it sounds like you've made it. I'm in my early 30s and pretty much broke, can you point me in the right direction? I have a useless business degree from a well-known and respected university, unfortunately it taught me no hard skills, only how to create rad presentations and talk bullshit. I wasted years wrestling with severe depression and am currently going nowhere in life. What to do?

          Degrees are useless for real success unless you want to be a wagie. If you're in USA, get rid of possessions, minimize debt and be free. If you have no money/liquidity, get a digital nomad remote esque job and live abroad. Learn, and go on.

          The Bali Real Estate thing was a hobby that kicked off because of first mover advantage (e.g. came into bali/indo during pandemic on investor visa.) and I already have a successful USA consulting LLC with 2 clients that make it easy to do work in asia during afternoon, work in USA at night and ahve no true nightlife fun in asialand (which is good and bad)

          I haven't made it yet anon, once I reach 2 million dollars liquidity and/or 50k monthly cashflow I'll coom and get a family going, but I'm far from my goal. 🙂 It's within reach, but once you learn the tools of success and how to be independent and invest money, time into succcess you can never go back.

          Ironically I don't have a degree (drop out) but I've always been an autodidact and entrapruner since I was a kid hustling burned CD's, dvd's and candy since elem/middle school.

          You need the drive.
          You need to spot an inefficiency.
          You need to capitalize it, corner it, seize it.
          You need to drive it, wring it out, make it pay you.
          You need to succeed.

          You can do it anon.

          • 2 years ago
            Anonymous

            t. seething ESLoid

          • 2 years ago
            Anonymous

            >you need to drive them out

            [...]
            It amazes me how little westerners understand about how corrupt these countries really are. The reason this is done, is because someone wants to develop the land. The people living on it (slum squatters) don't have rights to be there, but are difficult to dislodge for other reasons, practical ones (they won't leave) or political (they're politically reliable for the ruling party) or the courts are slow and stupid. So you hire local organized crime and bribe some officials to resolve the problem. Watch the movie Metro Manila. It doesn't deal with this topic specifically but its a pretty accurate portrayal of what these countries are like under the surface.

            >are difficult to dislodge for other reasons, practical ones (they won't leave) or political (they're politically reliable for the ruling party) or the courts are slow and stupid

            I'd expect them to tail it once they've been given some (1 month's notice) and the excavators, wheel loaders, etc. are parked in front of their shanties. No?

            >Watch the movie Metro Manila
            Is this going to ruin my vacation?

            • 2 years ago
              Anonymous

              >I'd expect them to tail it once they've been given some (1 month's notice) and the excavators, wheel loaders, etc. are parked in front of their shanties. No?
              No. They'll refuse to leave, stage a protest (protests are a big thing in the Philippines its a national pastime), claim whatever compensation you're giving them is too small, some lawyer will take up their cause for a cut of any money and tie it up in court... even if these people have no legal rights to the land, they are basically they types of people who work as touts and shit, they are well versed in scams and being annoying as possible to get some kind of payoff. Or you just skip that step and the whole place "burns down mysteriously."
              >Is this going to ruin my vacation?
              Ruin your vacation? No. It actually made me want to explore more of the philippines. Ruin your impression of the chink-mexicans that inhabit it? Yes.

        • 2 years ago
          Anonymous

          1. Esl Vibes? Frick you.
          2. You're insulting me and then want me to give you advice?
          3. No, people buy land because it has mudied title, multiple owners or poor chain of custody of ownership so squatters are there - so you need to drive them out.
          4. Asia human rights do not exist, pay off the PNP and such and you can drive people out with ease in the PH. Same for China, Thailand, etc.
          5. You're moronic. If you don't understand it from more, then you really shouldn't be playing in asialand.

          [...]
          Degrees are useless for real success unless you want to be a wagie. If you're in USA, get rid of possessions, minimize debt and be free. If you have no money/liquidity, get a digital nomad remote esque job and live abroad. Learn, and go on.

          The Bali Real Estate thing was a hobby that kicked off because of first mover advantage (e.g. came into bali/indo during pandemic on investor visa.) and I already have a successful USA consulting LLC with 2 clients that make it easy to do work in asia during afternoon, work in USA at night and ahve no true nightlife fun in asialand (which is good and bad)

          I haven't made it yet anon, once I reach 2 million dollars liquidity and/or 50k monthly cashflow I'll coom and get a family going, but I'm far from my goal. 🙂 It's within reach, but once you learn the tools of success and how to be independent and invest money, time into succcess you can never go back.

          Ironically I don't have a degree (drop out) but I've always been an autodidact and entrapruner since I was a kid hustling burned CD's, dvd's and candy since elem/middle school.

          You need the drive.
          You need to spot an inefficiency.
          You need to capitalize it, corner it, seize it.
          You need to drive it, wring it out, make it pay you.
          You need to succeed.

          You can do it anon.

          It amazes me how little westerners understand about how corrupt these countries really are. The reason this is done, is because someone wants to develop the land. The people living on it (slum squatters) don't have rights to be there, but are difficult to dislodge for other reasons, practical ones (they won't leave) or political (they're politically reliable for the ruling party) or the courts are slow and stupid. So you hire local organized crime and bribe some officials to resolve the problem. Watch the movie Metro Manila. It doesn't deal with this topic specifically but its a pretty accurate portrayal of what these countries are like under the surface.

      • 2 years ago
        Anonymous

        > Cooming and traveling asia is fun, but it will leave you empty by 25.

        No it wont

        • 2 years ago
          Anonymous

          No, ill leave a few half-breeds all over the world

    • 2 years ago
      Anonymous

      The biggest thing to remember is that you didn't "make or earn" that 600k. It was given to you. If you had a successful history of doing business or investments that's one thing, but your question is really an open ended one that you can only answer by flying around, fricking around, making friends (real friends with locals, not other foreigners, though other foreigners who are married to local and long term are ideal) and find what you really want.

      Even if you end up spending 20-50k just fricking around, cooming and such, atleast you still have a principal of 550k to stay "home" vs leaving asia with nothing.

      Many schemes, scams and such of all porportions exist in Asia 🙂 it excites me, and that's why I came here. You have an excellent runway and once you lose it, you will have no more "gas" to really exist/continue in asialand.

      So have fun SighSeeanon, ask more questions but this board really isn't for that. If I misunderstood and you just want to buy "somewhere" to live, once again, rent is easier. If you want to buy property and make it a business for more income, that's not retirement.

      Retirement is about forecasting and knowing your financial runway, 600k spending 10k a year, is an easy life. Sure you can even go 15-20k and still have a good time. at 20k/yr it's 30 years, at 10k it's 60 years.

      How old are you? And decide then.

      T. PT PMA / GK JP / USA LLC SighSee owner who somehow made the right choices while fricking around as a digital nomad for a FAANG.

      SighSee bro, it sounds like you've made it. I'm in my early 30s and pretty much broke, can you point me in the right direction? I have a useless business degree from a well-known and respected university, unfortunately it taught me no hard skills, only how to create rad presentations and talk bullshit. I wasted years wrestling with severe depression and am currently going nowhere in life. What to do?

    • 2 years ago
      Anonymous

      Ukraine. I'm heading there in October for exactly that. Can't wait for my mom to croak, congrats and good luck Anon.

      >Indonesia
      The only problem with Indonesia is that every now and then the inhabitants run amok (Indonesia is literally where the phrase came from) and slaughter everyone they don't like. Particularly the Chinese ancestry crowd.

      Read Walter Jon Williams' book "This Is Not A Game", at least part 1 of it. Great book, too bad he's a fricking moonbat.

    • 2 years ago
      Anonymous

      Kind of hilarious when you think the Philippines is barely a coherent country with no contiguous territory, Catholic, and a former Spanish colony that fetishizes foreigners, whereas Indonesia is a Muslim country that had to rebrand Bali as Bali because no one wanted to go to a Muslim country.

  2. 2 years ago
    Anonymous

    The biggest thing to remember is that you didn't "make or earn" that 600k. It was given to you. If you had a successful history of doing business or investments that's one thing, but your question is really an open ended one that you can only answer by flying around, fricking around, making friends (real friends with locals, not other foreigners, though other foreigners who are married to local and long term are ideal) and find what you really want.

    Even if you end up spending 20-50k just fricking around, cooming and such, atleast you still have a principal of 550k to stay "home" vs leaving asia with nothing.

    Many schemes, scams and such of all porportions exist in Asia 🙂 it excites me, and that's why I came here. You have an excellent runway and once you lose it, you will have no more "gas" to really exist/continue in asialand.

    So have fun SighSeeanon, ask more questions but this board really isn't for that. If I misunderstood and you just want to buy "somewhere" to live, once again, rent is easier. If you want to buy property and make it a business for more income, that's not retirement.

    Retirement is about forecasting and knowing your financial runway, 600k spending 10k a year, is an easy life. Sure you can even go 15-20k and still have a good time. at 20k/yr it's 30 years, at 10k it's 60 years.

    How old are you? And decide then.

    T. PT PMA / GK JP / USA LLC SighSee owner who somehow made the right choices while fricking around as a digital nomad for a FAANG.

    • 2 years ago
      Anonymous

      You are not White.

      https://i.imgur.com/VQL5XBQ.jpg

      My mother died and I now have a 600k inheritance. Which developing country should I buy a property and retire in with this money?

      You're too young to realize that $600k is not very much. If your goals have any depth or breadth then you will struggle to fund them and remain solvent at the same time. Work on building your own funds and treat any and all inheritance as icing on the cake.

    • 2 years ago
      Anonymous

      > The biggest thing to remember is that you didn't "make or earn" that 600k.

      No one earns anything. How old are you…16?

      • 2 years ago
        Anonymous

        1. It means you don't have a system/process to re-earn that 600k, e.g. inheritance is not a proven profitable system.

        > Cooming and traveling asia is fun, but it will leave you empty by 25.

        No it wont

        Yes it will, not financially if you're smart but emotionally and physically if you rotate girls and travel alot of places without main goals and just to coom.

        > Just buy index funds and such. If you can use a tax advantaged account like a Roth, that's ideal. I say this because that's enough money to give you a strong certainty of retiring a millionaire no matter what you do in your life.

        Best advice here

        50/50, lol it's a fricking inheritance, not w2 wagies, roth is stupid, there is no tax benefit.

        Kids on SighSee are so young :')

  3. 2 years ago
    Anonymous

    >Which developing country should I buy a property and retire in with this money?
    turkey

  4. 2 years ago
    Anonymous

    The United States and I'm not joking.
    That's easily enough money to buy a couple condos and rent them out or Airbnb them.

    If you opt for somewhere else pick somewhere up and coming.
    >not japan
    Somewhere tourism is increasing every year...
    But hire a reputable attorney to walk you through the pitfalls especially in developing countries where land title disputes are common.

    • 2 years ago
      Anonymous

      >The United States and I'm not joking.
      >That's easily enough money to buy a couple condos and rent them
      Yeah, that works great except when Andrew Cuomo or the CDC or Gavin Newsom tell you "hey landlord, you're a richgay, frick you, you aren't allowed to collect rent from anyone for two and a half years." California STILL has a rent moratorium in some areas. Those landlords won't see a dime, and too bad for them if they had a mortgage or couldn't even pay their taxes.

      >in the PH it's common to hire guys to toss gas filled glass bottles into slums to clear them out (look at Aqua Residences, Mandalyoung, Manila PH)
      You're giving off some ESL vibes with your posts, that or you're just drunk. What are you talking about with this? People want to purchase certain areas of land, so they turn it into a dump, driving the current residents out, then own it after? Please explain.

      He's talking about arson, you fricking moron.

      Thailand is seriously bad about foreigners being murdered (or attempted-murdered) when they try to stop locals from stealing their properties. I remember reading about one guy who got shot up twice because he refused to let himself be scammed by some scumbag Thai developer. It's really not worth buying there, especially with all the other much simpler problems that living among Thais brings. Rent (it's cheap there) and stay light so you can move out the moment that a troublemaker moves in next door.

      Where I am, it turns out the unit next to me is an AirBNB. I have a new neighbor every month. The girls right now are cute, but back in June, Karaoke Guy was a pain in the ears.

  5. 2 years ago
    Anonymous

    Turkey

  6. 2 years ago
    Anonymous

    Just put it in Altria stock in a low dividend tax country.

  7. 2 years ago
    dont take this advice seriously unless you are a criminal

    thought of st knitt & nevis just because john cleese did and the juridical advantages, but you may have to take profit out of the location otherwise stay where you are, and rent out homes 🙂

  8. 2 years ago
    Anonymous

    dont spend it, as other anons said use it as a back up and learn to earn money first and not waste it

  9. 2 years ago
    Anonymous

    Don't buy.
    Rent.

  10. 2 years ago
    Anonymous

    Just put like 400k of that into like Jepi or some covered call ETF and life of the 10 to 12 percent dividend payout while using the 200k to do whatever. Or just put the 600k into long term growth or some other investment (understood that there is a recession coming soon / already here). You can't retire on 600k sadly.

  11. 2 years ago
    Anonymous

    Invest in America to gain passive income and leave off that or the interest of such an investment.

    Don't go to Thailand to live like a Thai lol

  12. 2 years ago
    Anonymous

    I would take like $100k of that and put it in an account here in the U.S. that you aren't going to touch. Just buy index funds and such. If you can use a tax advantaged account like a Roth, that's ideal. I say this because that's enough money to give you a strong certainty of retiring a millionaire no matter what you do in your life. Investing in your 20's is insane. Life is very different when you can flip burgers all your days and still die a millionaire.

    The other anons have more experience with expat'ing. If I were you, I would travel around a bit and see what countries you like the most. You need a country that's enough of a shithole to make a half-million dollars carry you around like a king, but not such a shithole that there's nothing to even spend your money on. The Philippines and Thailand are basically Mecca and Medina for American expats. But there's no harm in visiting Latin America or a place like Turkey and seeing if you find anywhere /comfy/. The best thing about not buying a property outright is that you can move to a new country if you get bored or regret your decision.

    • 2 years ago
      Anonymous

      > Just buy index funds and such. If you can use a tax advantaged account like a Roth, that's ideal. I say this because that's enough money to give you a strong certainty of retiring a millionaire no matter what you do in your life.

      Best advice here

  13. 2 years ago
    Anonymous

    Thailand, obviously

  14. 2 years ago
    Anonymous

    Can I have 75k? I need it to buy a house. Nobody in my family has money.

    • 2 years ago
      Anonymous

      have a nice day

      • 2 years ago
        Anonymous

        I deserve it more than you.

  15. 2 years ago
    Anonymous

    I'd advise you to put most of the money in low-risk investments or savings accounts where you can earn interest but still easily take your money out if you need it.

    Live as frugally as possible wherever you live, and maybe even do some jobs to avoid spending too much of the inheritance.

    Then, like one of the other anons said, travel to different developing countries for short times, get the lay of the land, and see which ones you like. If you find somewhere you like then stay a bit longer in your next trips and learn about the culture, customs, language, real estate, immigration, citizenship and residency laws, and so on. If you find you like a place after staying there several weeks or a few months at a time, and the local laws are favorable, then you might want to try moving there.

  16. 2 years ago
    Anonymous

    Portugal

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