ERE Country

How to avoid signing your life over to a mortgage
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lillo9546
Posts: 8
Joined: Sun May 22, 2022 12:17 pm

ERE Country

Post by lillo9546 »

Hi there guys!

I'd like to open up this topic to discuss the best ERE countries.
In particular, is it a good choice to think about moving to a country where the cost of living is 10 times lower than the cost of living you have in your home country? Why not? (keeping in mind you are not going to have an inflated lifestyle, even if you have low cost of living.)

Just to give an example:
If I would need 7k/y in the US, I could do it with 2k/y (or even less) in Tunisia.

theanimal
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Re: ERE Country

Post by theanimal »

Isn't this the same question as your other thread? Find where you want to live, then use the principles of ERE to craft a lifestyle you desire. Moving to an area solely for low cost of living is not a good idea.

lillo9546
Posts: 8
Joined: Sun May 22, 2022 12:17 pm

Re: ERE Country

Post by lillo9546 »

theanimal wrote:
Tue Jan 17, 2023 3:25 pm
Isn't this the same question as your other thread? Find where you want to live, then use the principles of ERE to craft a lifestyle you desire. Moving to an area solely for low cost of living is not a good idea.
This would be a pretty interesting topic, so better discuss in the right section :)
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Sometimes, moving to a cheaper place could have positive surprises.

liberty
Posts: 154
Joined: Mon Nov 21, 2016 2:01 pm
Location: Anywhere

Re: ERE Country

Post by liberty »

Cost of living in a country is important, but you need to also see if you are a good "cultural fit" (as these corporations are talking about). Also in some countries, it's hard to get around if you don't know the local language. Many cheaper countries don't work well, with corrupt politicians and bad bureaucracy. Also many of them have high crime rates. Poverty leads to more crime.

chenda
Posts: 2576
Joined: Wed Jun 29, 2011 1:17 pm
Location: Nether Wallop

Re: ERE Country

Post by chenda »

I don't think there is one. It depends too much of personal circumstances and preferences. Indeed looking at it from country perspective might be thought limiting. Even very small countries can have big variation in say COL depending on where you are.

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