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  #11 (permalink)  
Old 02-27-2007, 04:13 PM
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Janak Parekh's Avatar
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Posts: 15,171
Default Re: crazy idea, but it may just work

Quote:
Originally Posted by isajoo
But, take for example a country like INDIA, british culture(english speaking), cheap houses(average $50000), dirt cheap living expenses(food,gas,hydroaverage $400 monthly) and heres the best part, the banks there give an interest rate anywhere from 6.5%-8.5% annually(many tax free). so it would not take much(min. $100,000) to live off only savings.
While this is true in some areas, do realize that the cost of living in desirable places is booming as the country's economy continues to do well. Mumbai, for example, has become very expensive in areas. My parents bought a property there last year, and its value has doubled even before the construction is complete.

Also, depending on where you live, you'll want to learn some Hindi. While it's true most of the educated folks speak English, this is less common amongst the average joe. This also depends on where you go.

--janak
 
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  #12 (permalink)  
Old 02-27-2007, 11:05 PM
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Join Date: Oct 2005
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Send a message via MSN to isajoo

lol
 
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  #13 (permalink)  
Old 03-09-2007, 10:57 PM
Thoughts Media Review Team
Join Date: Aug 2006
Posts: 745

If you are looking for mild winters and summers, then the only real choice is Victoria/Vancouver. Most of the rest of the country is hit pretty hard at both ends of the seasonal spectrum.

We here in Lotus Land get quite a bit of 'calming' of weather extremes due to the Pacific currents.

HOWEVER - be prepared for a number of grey, cloudy, rainy kind of days as well -- good for cuddling up to a fire, hot coffee, etc. From living and working across Canada, I know our periods of 'grey' weather drives others CRAZY...
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Old 04-27-2007, 01:34 PM
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Join Date: Feb 2007
Posts: 21
Default Canmore

If you're a millionaire, then you can move to my hometown, Canmore, Alberta, the most beautiful place in the world. Hands down, no contest, boo-ya, in your face, woot. And who ever mentioned USA? Off topic. We're talking about cool places to retire to.
 
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  #15 (permalink)  
Old 04-27-2007, 01:35 PM
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Default Re: crazy idea, but it may just work

Also, depending on where you live, you'll want to learn some Hindi.

LOL
 
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