If not in your home country, then where do you plan to retire?

Heliotrope
Posts: 1203
Joined: Sun May 13, 2018 1:48 am

Re: If not in your home country, then where do you plan to retire?

Post by Heliotrope »

emmjay wrote:
> Spain and/or Northern Ireland (probably a split between the two).

Northern Ireland is an unusual retirement destination for non-Brits, but I'm sure it has its appeals.
I still want to do an Ireland + Northern Ireland trip someday. Tbh, in Northern Ireland, the only sights I know I want to visit are the Giant's Causeway and Belfast, although likely there's much more to see and do.
PsyGuy
Posts: 10950
Joined: Wed Oct 12, 2011 9:51 am
Location: Northern Europe

Reply

Post by PsyGuy »

@Heliotrope

Its entirely qualification based its not competitive either.

No it was a technical deficiency in the application. TW doesnt offer an opportunity to cure, so the only option is a new application. The burden of collecting and authenticating all the supporting documents was too much of a burden, and they didnt reapply.

All of the comparable little tigers (TW, HK, JP, SG) have mostly pluses with few minuses, albeit different pluses and different minuses. Even outside that group (E.G. SK, etc.) there are more pluses than minuses. Its not until you start getting to TH, PH, etc. that you start see a shift in the pluses and minuses distribution. Even when you start getting to China and India where the minuses matter those countries still arent NK. I know more ITs that will retire in China than I do TW.
The salience of my position is that:
1) The disparity among factors between other similar regions in that particular part of the world are marginal if not trivial. Even if you accept that TW has the best health care in the region the other contenders (among the little tigers) have very high quality health care as well.
2) TW isnt the gold ring at everything, there are other countries that rank higher in certain categories. SG ranks higher in safety (crime) than TW.
3) The lack of an official and specific retirement (visa) scheme is a challenge but not an arduous one.

If language is a barrier for TW than its a barrier throughout the region, though TW has a lot of English fluency so does SG and HK.
High efficiency and organization, safety, ease of navigation, rule of law, friendliness are all common descriptors for the other little tigers as well. Ive never met a JP native who was rude, nor in HK or SG.
What TW has going for it, compared to the other little tigers is lower cost of living compared to the others.

Yes, I agree many countries have their appeal, TW just doesnt win the best place to retire for an IT Olympics.

NI is unusual among all ITs, and i know more non-Brits than Brits who want to retire in NI (the number of Brits being zero).
Heliotrope
Posts: 1203
Joined: Sun May 13, 2018 1:48 am

Re: Reply

Post by Heliotrope »

PsyGuy wrote:
> @Heliotrope
>
> Its entirely qualification based its not competitive either.
>
> No it was a technical deficiency in the application. TW doesnt offer an
> opportunity to cure, so the only option is a new application. The burden of
> collecting and authenticating all the supporting documents was too much of
> a burden, and they didnt reapply.
>
> All of the comparable little tigers (TW, HK, JP, SG) have mostly pluses
> with few minuses, albeit different pluses and different minuses. Even
> outside that group (E.G. SK, etc.) there are more pluses than minuses. Its
> not until you start getting to TH, PH, etc. that you start see a shift in
> the pluses and minuses distribution. Even when you start getting to China
> and India where the minuses matter those countries still arent NK. I know
> more ITs that will retire in China than I do TW.
> The salience of my position is that:
> 1) The disparity among factors between other similar regions in that
> particular part of the world are marginal if not trivial. Even if you
> accept that TW has the best health care in the region the other contenders
> (among the little tigers) have very high quality health care as well.
> 2) TW isnt the gold ring at everything, there are other countries that rank
> higher in certain categories. SG ranks higher in safety (crime) than TW.
> 3) The lack of an official and specific retirement (visa) scheme is a
> challenge but not an arduous one.
>
> If language is a barrier for TW than its a barrier throughout the region,
> though TW has a lot of English fluency so does SG and HK.
> High efficiency and organization, safety, ease of navigation, rule of law,
> friendliness are all common descriptors for the other little tigers as
> well. Ive never met a JP native who was rude, nor in HK or SG.
> What TW has going for it, compared to the other little tigers is lower cost
> of living compared to the others.
>
> Yes, I agree many countries have their appeal, TW just doesnt win the best
> place to retire for an IT Olympics.
>
> NI is unusual among all ITs, and i know more non-Brits than Brits who want
> to retire in NI (the number of Brits being zero).

Yes, there are plenty of countries in East and Southeast Asia that I would consider, and as long as you have money then good healthcare is available almost everywhere (or a short flight away).

What I hear from people considering Taiwan is that they much prefer the Taiwanese people over the Chinese or Japanese. I've had good experiences in all three, although I did like the Japanese and Taiwanese better than the Chinese, but sample sizes were small. English proficiency of the locals was higher in Taiwan than in China and Japan though (with Japan being a distant third and China a close second), which can be a draw, but then Singapore, Philippines or Malaysia would easily beat Taiwan if that's a main concern.

In the latest ranking I read, Taiwan ranked as safer than Singapore, but I think it just depends on which ranking you happen to read, and what exactly they measure to come up with their ranking. Singapore, Taiwan and Japan all consistently rank very high, and are all so extremely safe that safety would not make me rank one of these three above the others when I decide where to live.

You're correct, Taiwan has relatively low COL, but since that can go up (or down) quickly (just like everywhere of course), I'll look at COL when I'm about to retire and then see what makes sense, even though my savings goal will let me largely disregard COL (although I'd be able to buy/rent a much nicer place in Malaysia than in Switzerland).
Although I can see Taiwan's appeal, no country is best for everyone - it all depends on budget and preferences.

I happen to know a couple of Brits who plan to retire in Northern Ireland, but they have family there, so they're not really choosing Northern Ireland, they are choosing family. I think I'd sooner opt for Ireland myself based on my limited knowledge about the two.
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