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  #81  
Old 24.08.2020, 20:16
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Re: Do you think about your future/retirement etc?

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Something I may have to look into.
Don't forget you get 10 years with no income taxes if you retire there...
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  #82  
Old 24.08.2020, 20:40
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Re: Do you think about your future/retirement etc?

No-one is considering Germany ? It doesnt have the climate of southern Europe... but also not many of its problems. I would imagine the higher employment rate results in lower crime. Better maintained public spaces, roads etc etc. Germans are nice moderate people in general. Houses are pretty cheap compared to CH. No need to grease palms if you want your roof fixed or an outhouse built (law is the law), overall better run country, better tax conditions on the 3rd pillar (i heard). Good healthcare, plenty of hospitals. Most of us probably speak the language.

I would say during summer Germany is warm enough, during winter you can holiday in the south of Europe. I mean where to holiday when you're in the south of Spain, no incentive to go anywhere might get boring too.
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  #83  
Old 24.08.2020, 20:44
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Re: Do you think about your future/retirement etc?

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Generally it's the land that appreciates, the building depreciates & needs expensive refurbishment. in CH total replacement as that is usually cheaper.
This is typically the case when zoning or building laws have changed and you can tear a house down and replace it by something considerably larger . You get this a lot in Switzerland where granny dies and her house and garden are torn out and replaced by a block with apartments for six families .

But when such changes don’t occur, and unless the house is totally grotty and beyond repair, refurbishment is often cheaper than replacement . Especially when you factor in the permitting process . In Spain I have seen people pay 50 K above the raw land value for a house that was essentially four walls , the roof having collapsed .
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  #84  
Old 24.08.2020, 21:09
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Re: Do you think about your future/retirement etc?

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Ideally I would like to live in Switzerland for rest of my life but it seems it would be difficult financially. The only thing I can afford to buy here is a goat shed in the mountains.
With goats?
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  #85  
Old 24.08.2020, 21:15
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Re: Do you think about your future/retirement etc?

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I would say during summer Germany is warm enough, during winter you can holiday in the south of Europe. I mean where to holiday when you're in the south of Spain, no incentive to go anywhere might get boring too.
France and Italy for food and wine
The alps for skiing
UK for pubs
SE Asia and Japan for culture and food
US for I hesitate to use the word culture, but it is different
Latin America for history and culture
Africa for safari
I could go on and on

The biggest downside I can see to Southern Spain is that you are essentially at the end of the continent and have to drive a long way just to leave the country.
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  #86  
Old 24.08.2020, 21:18
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Re: Do you think about your future/retirement etc?

If I could afford it I'd buy a nice place in Malta, but at the moment my goal is a little house overlooking the Firth of Forth in a village at the East Neuk of Fife, preferably Pittenweem. That would make me very happy
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  #87  
Old 24.08.2020, 21:48
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Re: Do you think about your future/retirement etc?

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If I could afford it I'd buy a nice place in Malta, but at the moment my goal is a little house overlooking the Firth of Forth in a village at the East Neuk of Fife, preferably Pittenweem. That would make me very happy
It´s almost impossible to buy anything on MT anymore. Even a plot of land somewhere out in the sticks with a ruin on it will set you back by a speculative amount of money. Someone I knew rented a place in a hamlet near Mellieha, it was beautiful and I fell in love with it the moment I set foot in the door. it had been bought in 2015 by the owner for 110.000 Euros and has now been sold for 250.000. Sadly Malta is being gentrified at an astounding rate.
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  #88  
Old 24.08.2020, 21:49
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Re: Do you think about your future/retirement etc?

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The biggest downside I can see to Southern Spain is that you are essentially at the end of the continent and have to drive a long way just to leave the country.
Depends what you call southern Spain .

In Spain generally , the further south you go, the cheaper it gets, but also the less other stuff is going on besides tourism and agriculture. My place is in the Alicante area which is not really the south but you get the climate already . On the other hand it’s a university town and plenty of people making fairly good money in various companies. In other words there is both money and good taste outside of the touristosphere and you get plenty of good concerts and other forms of culture all year round . As well as lots of strong local traditions that are pretty amazing to be in the middle of . It’s a huge mistake to think Spain is somehow monolithic. Each area has its only very unique identity and advantages .
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  #89  
Old 24.08.2020, 22:06
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Re: Do you think about your future/retirement etc?

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No-one is considering Germany ? It doesnt have the climate of southern Europe... but also not many of its problems. I would imagine the higher employment rate results in lower crime. Better maintained public spaces, roads etc etc. Germans are nice moderate people in general. Houses are pretty cheap compared to CH. No need to grease palms if you want your roof fixed or an outhouse built (law is the law), overall better run country, better tax conditions on the 3rd pillar (i heard). Good healthcare, plenty of hospitals. Most of us probably speak the language.

I would say during summer Germany is warm enough, during winter you can holiday in the south of Europe. I mean where to holiday when you're in the south of Spain, no incentive to go anywhere might get boring too.
Ah yes, Germany. Where to start?
I suppose if you have enough money and been a good boy or girl and has managed to put plenty under the mattress then you can have a good life in DE.
But, trying to rent close to anywhere other than the places where they eat their dead and you are looking at over the top prices and at least 500-odd applicants, buying, you are looking at 150.000+ Euros for a "house with character" somewhere in the New Five Land boonies of Sächsisch-Kongo
If you are like me, wondering where the last 30 years have gone, unemployed and 60 then after the period of normal dole has ended you will be on Harz IV and you don´t want to go there.
Dunno, I suppose it can be done if you throttle the gain on your expectation way down, but after living elsewhere I find Germany to be constricting and suffocating.
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  #90  
Old 24.08.2020, 22:20
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Re: Do you think about your future/retirement etc?

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I have actually been to Transylvania specifically to look at properties . My impression was that it’s a good place overall, very civilized and everybody extremely polite and helpful and honest and welcoming . Maybe because they haven’t yet been spoilt by mass tourism . On the other hand there are a lot of pockets of very deep poverty so you have to be careful with the location.

In a good location it’s a good place to be . If you don’t mind cold winters .
Good spot all right I’ve been there for holiday and work, bring your skis aswell theres a bit there.
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  #91  
Old 24.08.2020, 22:26
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Re: Do you think about your future/retirement etc?

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Ah yes, Germany. Where to start?
I suppose if you have enough money and been a good boy or girl and has managed to put plenty under the mattress then you can have a good life in DE.
But, trying to rent close to anywhere other than the places where they eat their dead and you are looking at over the top prices and at least 500-odd applicants, buying, you are looking at 150.000+ Euros for a "house with character" somewhere in the New Five Land boonies of Sächsisch-Kongo
If you are like me, wondering where the last 30 years have gone, unemployed and 60 then after the period of normal dole has ended you will be on Harz IV and you don´t want to go there.
Dunno, I suppose it can be done if you throttle the gain on your expectation way down, but after living elsewhere I find Germany to be constricting and suffocating.
you should be able to cash out your 2nd/3rd pillar and buy sth decent in Germany not in the middle of nowhere for like 3-400k EUR. That amount of money shall be available for anyone that worked through to retirement.
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  #92  
Old 24.08.2020, 22:29
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Re: Do you think about your future/retirement etc?

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Good spot all right I’ve been there for holiday and work, bring your skis aswell theres a bit there.
well, the areas habited by the ethnic Hungarian minority are kept really nice and tidy out of national pride, however if you need to speak to them you might be in for a ride as learning the language is.... just not happening. Also it's in the middle of f'in nowhere, no airport, no real infra, no highways... just pure nature and cheap and modest surroundings and services (whatever you can get).
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  #93  
Old 25.08.2020, 06:40
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Re: Do you think about your future/retirement etc?

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well, the areas habited by the ethnic Hungarian minority are kept really nice and tidy out of national pride, however if you need to speak to them you might be in for a ride as learning the language is.... just not happening. Also it's in the middle of f'in nowhere, no airport, no real infra, no highways... just pure nature and cheap and modest surroundings and services (whatever you can get).
I didn’t really have that impression . Services seemed ok to me . Okay of course in the context that you’re visiting a thinly inhabited region with a weak economy and lots of mountains .Probably lots of places out in the boonies in Spain , maybe France even , that aren’t better served. We can’t expect a clone of Switzerland everywhere we go .

What we did notice as that most of the restaurants were somehow Italian themed . Even a nominally Mexican restaurant we went to turned out to have about two placeholder Mexican-sounding items on the menu and the rest was pizza and pasta . The suoermarkets seemed ok as far as I could see . Probably more choice than you might expect in a comparable Volg or Migros in a non touristic Swiss mountain place. Also lots of small family run shops selling virtually everything under the sun.
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  #94  
Old 25.08.2020, 07:11
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Re: Do you think about your future/retirement etc?

I heard that some communities in Switzerland especially in the Mountains will give you a huge tax discount if you move there for a few years as you retire. The discount can be worth up to 6 figures for a normal retirement package. Anyone has further insights into this?
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  #95  
Old 25.08.2020, 07:59
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Re: Do you think about your future/retirement etc?

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Depends what you call southern Spain .

In Spain generally , the further south you go, the cheaper it gets, but also the less other stuff is going on besides tourism and agriculture. My place is in the Alicante area which is not really the south but you get the climate already . On the other hand it’s a university town and plenty of people making fairly good money in various companies. In other words there is both money and good taste outside of the touristosphere and you get plenty of good concerts and other forms of culture all year round . As well as lots of strong local traditions that are pretty amazing to be in the middle of . It’s a huge mistake to think Spain is somehow monolithic. Each area has its only very unique identity and advantages .
Funny you mention Alicante. That’s top of our list at the moment. I actually think the climate is better there than further south, as it doesn’t seem to get quite as hot in the summer and stays a bit warmer in winter. However, I think my point stands in that it’s still c. 7 hours drive to the nearest border.
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Old 25.08.2020, 08:12
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Re: Do you think about your future/retirement etc?

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Funny you mention Alicante. That’s top of our list at the moment. I actually think the climate is better there than further south, as it doesn’t seem to get quite as hot in the summer and stays a bit warmer in winter. However, I think my point stands in that it’s still c. 7 hours drive to the nearest border.
But if you want to spend a weekend in London or Paris or Zermatt or whatnot , why would you be driving ? The motorway charges alone easily cost more than a flight
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  #97  
Old 25.08.2020, 08:33
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Re: Do you think about your future/retirement etc?

I think I am leaning towards Portugal now. It is the the 3rd safest country in the world, only Iceland and NZ are ahead of it (Global Peace Index 2019)

Switzerland in No.11 and Spain is No.32 on the list. English is more widely spoken in Portugal compared to Spain. People are more friendly in Portugal too from my own experience and also based on online research. Italy I like too but it seems like a decaying country economically and socially.

I will start learning Portuguese or could stick with my goat shed idea in the Swiss mountains.
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Old 25.08.2020, 08:40
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Re: Do you think about your future/retirement etc?

Any Portugues here? Would CHF200,000 get you a decent property not in touristy spots? I don't want to be in any tourist trap areas full of drunk Brits, Germans, Dutch tourists
So plan is that in next few years I will narrow down few regions and then holiday few weeks in each region to see if I could spend my future there.
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Old 25.08.2020, 08:55
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Re: Do you think about your future/retirement etc?

My idea of heaven in Switzerland. Barn conversion (Goat shed :-)
or
This one- https://www.do-shop.com/blogs/natura...iz-architectes

Is it possible to have something like that for CHF200,000? All I would need then is good health and good internet connection to work till my dying day.

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Old 25.08.2020, 09:06
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Re: Do you think about your future/retirement etc?

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But if you want to spend a weekend in London or Paris or Zermatt or whatnot , why would you be driving ? The motorway charges alone easily cost more than a flight
Fair point, although the places you might want to visit outside of capital cities may involve multiple flights or hiring cars at the other end.

To be clear though, this really isn’t a deal breaker for me.
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