Places Where You Can Retire on $200,000 and Feel Rich

[CabrillosGhost]

Originally Posted by goboatingnow

Portugal is cheaper then Spain imho and Greece is cheaper then both if you avoid obvious tourist areas.

I haven't looked into retirement visas, but Albania has some of the most favorable long stay visas in Europe, and they are proceeding toward EU integration. Next time I'm in Greece, if ever, I'm leaving immediately for Albania.

[ixnax]

Originally Posted by goboatingnow

We budget in Greece excluding boat costs and find we live on the equivalent of about $2200 a month for the two of us. That includes some fixed costs of about $700 ( car , health insurance , house insurance ) we are completely debt free as you couldn’t service debt out of that figure . We work during 4 winter months to recharge the boat kitty ( Mainly marina fees and some maintenance )

We eat out from time to time( again nothing fancy ) , but in reality out of that money , you really only have to feed yourself and buy the odd t-shirt etc

We do make more from time to time but we save that.

It’s careful living but it’s not frugal. I’m not sure what “ living like a king means “ but we’re happy.

Are you including all vessel expenses in that total?

[Palarran]

Originally Posted by goboatingnow

Portugal is cheaper then Spain imho and Greece is cheaper then both if you avoid obvious tourist areas.

I remember from years ago you were quite the expert on Schengen. But I also always took it that you were a UK citizen. If that is the case, how are you going to deal with this long term in Greece? I've thought about buying a villa in Greece and possibly Portugal and use the Golden Visa.

[goboatingnow]

Originally Posted by Palarran

I remember from years ago you were quite the expert on Schengen. But I also always took it that you were a UK citizen. If that is the case, how are you going to deal with this long term in Greece? I've thought about buying a villa in Greece and possibly Portugal and use the Golden Visa.

Not a U.K. citizen. So safely inside EU net.

But currently the EU has given U.K. citizens till end of 2021 to achieve settled status and if you have a track record of being present in Greece for some time , you will be supplied with a 5 or 10 year residence visa ( usual things like financial status , medical insurance etc )

After 2021 things will get more difficult for U.K. citizens to achieve residency status.

Is there an equivalent golden visa in Greece. ?? ( ah yes there is €250,000 in property. )

Greece is also running a scheme for high income pensioners , 9 % income tax

[goboatingnow]

Originally Posted by ixnax

Are you including all vessel expenses in that total?

No as I said this excludes boat maintenance but does include occasional town quay fees , water , and diesel

[ixnax]

Originally Posted by goboatingnow

No as I said this excludes boat maintenance but does include occasional town quay fees , water , and diesel

Yacht Insurance?

[Palarran]

Originally Posted by ixnax

Yacht Insurance?

And TP? Does it include your butt wipes?
;-)