Inside this Issue: The Best Retirement Havens in Ecuador; Buy in Chiriquí, Panama, from $80,000; Málaga: the Sleek Urban Heart of Spain’s Costas; Enjoy Life on a Tropical Thai Island; Making a Living from Maps in Colonial Peru and much more... Download the November 2014 issue here.
"I never want to shovel snow again.” When you ask somebody who is thinking about life overseas why they’re investigating their options, more often than not their response has at least something to do with escaping the cold. So it makes sense that when you ask expats what they most appreciate about their lives overseas—they almost always include an enthusiastic nod to the pleasant climate. It’s convenient then that so many places where your dollars stretch also happen to be spots where snow is unheard of.
Start your November on Bondi Beach in Sydney, Australia, where—from October 23 to November 9—you’ll find enormous and elaborate sand sculptures filling the beach as part of the Sculpture by the Sea exhibition. As many as 100 sculptures, by artists from around the world, are expected to turn the mile-plus coastal walk into an outdoor museum. In a far more formal setting, Cairo Opera House is home to the Arabic Music Festival from November 1 to 10, as some of the finest Arabic singers, instrumentalists, and ensembles in the world converge on the Egyptian capital.
Cuenca is Ecuador’s most popular retirement haven, but it’s not the only one you’ll find in the Andean country. Thousands of expats have chosen from locations all over the country…Pacific coast beach towns, vibrant culture-filled cities, highland farm towns, and more. Ecuador harbors huge variety and whether you’re in search of adventure, planning to start a business, or just want to relax and watch the world go by, it’s got something to offer you.
Thai handicrafts, jewelry, handmade paper, ceramics, a plethora of textiles and handbags galore…you can find it all and more at Bangkok’s Weekend Market, known as Chatuchak or “JJ” for short. No trip to the Thai capital is complete without a visit to this massive 35-acre market located north of the city, where you can get your shopping fix as well as a big dose of Thai culture. Just don’t forget to bargain!
The best estimate points to a world population several billion larger than today’s just a few decades from now—Earth may host 9.6 billion people in 2050, according to the United Nations. This population growth is all going to be a strain on Earth’s already stretched-thin resources. So how do you invest in a world like the future we seem to be hurtling toward? A world of rising population and increasingly scarce resources?
"You are crazy! You can’t leave Chicago. You have two successful businesses here. What will you do for money? That’s so risky!” That was the “support” my husband Mark and I were offered when we announced that we were moving to Penang, Malaysia. It was true. We did have two successful businesses. Mark owned a commercial real estate company that sold gas stations nationally and I owned a women’s wholesale clothing showroom.
Not so long ago, you could pick up properties around my home province of Chiriquí for a fraction of their boom-time prices. In the hills and villages around Boquete, where an estimated 12,000 expats live, spacious mountain-view homes were selling for as much as 50% off. This drop was due to the 2008 financial crisis, which left many North Americans and Europeans with homes in these lush valleys in need of funds.
“The people in my new community are some of the best I have ever met in my entire life. They are like my family. I feel safe, protected, and loved,” says Dawn Noel, who made the move to Nicaragua in 2012. “And there is a rich flora and fauna here. I am enveloped in beauty!” After a busy career as a traveling nurse, Dawn was ready for a new adventure. She longed for a place where she could feel free, be herself, and “be able to live out my later years without working myself to death.”
The last decade has seen the rise of the low-cost carrier in Southeast Asia. Cheap, short-hop flights now criss-cross the region—much of it spread across the ocean in archipelagos like the Philippines and Indonesia. This boom in no-frills flights means cheap travel and it’s one of the reasons that my wife Lisa and I can travel so much. We live in Penang, Malaysia, but whatever Asian destination you chose for your home you’ll find it easy to explore the region.