5 Best Places Where You Can Live Rich Without Much Money (Make Your Dreams A Reality)

Aug 08, 2018

Do you have a retirement check or portable income? Are you willing to develop portable income? Are you also willing to relocate? If so, living large without actually being a millionaire may well be within your reach. Check out these destinations for a shot at living the good life on a shoestring budget.

Spain has one of the best health care systems in the world, which is a feature that many ex-pats actively seek out. For Americans, this can seem like a dream come true and can substantially reduce their living expenses compared to the US system.

Unsurprisngly, Spain is an affordable place to live. For comparison, the minimum wage is just $5.82 an hour. In the US, the national minimum wage is $7.25 per hour and it can be substantially higher in some cities. The British minimum wage is more than $10 per hour.

Alicante is a lovely little beach city on the Costa Blanca. People are drawn to it for its great climate, food, and lifestyle. Yet, surprisingly, you can rent a one bedroom apartment for under $600 per month.

Still too rich for your blood? Then check out Ojen where a one bedroom apartment can be found for well under $400 per month.

Cities to check out: Alicante and Ojen.

The Balinese minimum wage is $1.20 per hour. People from around Asia view this as an affordable destination, yet it has a jumping nightlife and an incredible rich culture. You can get a one bedroom apartment for as little as $300.

Bali has nearly 4 million residents, yet it also has rich natural resources. It is part of the Coral Triangle, an area famous for its incredible level of marine biodiversity. It has a rich history and is the location of a UNESCO World Heritage Site.

City to check out: Bali

Thailand's minimum wage is $2.87 per hour. This means there are cities where you can get a one bedroom apartment for around $250, such as Chiang Mai.

This mountain town has a terrific climate, one of the best in Asia. With more than 130,000 residents, it is the largest city in northern Thailand. So that low rent gets you access to plenty of activities. It is also just 435 miles from Bangkok if you want to do a weekend trip to visit this world famous city.

Cities to check out: Bangkok, Chiang Mai

Mexico's minimum wage is $.89 an hour. So rents and other expenses are generally substantially less than that found in the US or most parts of Europe. For example, you can get a one bedroom apartment in Puerto Vallarta for $450.

If you are American, you can stay in Mexico for up to six months with minimal paperwork. Some people de facto retire there by leaving every six months for just three days, then going back.

Looking for some place where you don't need to know much Spanish to get by and that has some modern amenities? Check out Cabo San Lucas, where one of the draws is whale watching.

Cities to check out: Puerto Vallarta, Cabo San Lucas

Cambodia doesn't even have a minimum wage. It's considered one of the few remaining frontiers on this planet, yet it has easy access to major nearby markets in China and Australia.

Due to its recent tragic history, there is high demand for skilled workers, such as people who speak English. It has relatively lax visa and work permit requirements and a thriving ex-pat community.

Even for Cambodia, you can find job boards, ex pat discussions and other valuable information online so you can check them out before you go. This can help you ease the transition.

Cities to check out: Siem Reap, Phnom Penh

Do you feel inspired to find your next home and start living your dream on a realistic budget? Do you know someone who's been dreaming of a getaway? Show this article to them!