Where to move if you have $500,000 - Page 2 - GoFuckYourself.com

MaDalton · 11-22-2010, 12:04 PM

i'm biased, i'd stay in czech republic. and a house i like would be max $250-$300k - i dont need 4 bed- and 4 bathrooms

beerptrol · 11-22-2010, 12:11 PM

put it away for retirement or invest it

Platinumpimp · 11-22-2010, 12:12 PM

Definately somewhere in SoutEast Asia.

TidalWave · 11-22-2010, 12:49 PM

Quote:

Originally Posted by Horny Joe

Don't worry so much about the $3000. My actual income is higher and so is my wife's income

Australia sounds interesting. France as well, as I like France very much. Or living as a cowboy in Texas...

What I have been thinking a lot about is Spain. Climate is good, decent pricing on houses. Good food and wine. Not so much hot women, but... I am married, so I guess that is enought :D Czech Republic, I have just been to Prague and Kutna Hora. Prague is awesome. My wife say she would like to live in Prague.

Costa Rica looks and sounds like a prefect place for me, but my wife is not so sure...

I will take a look at all the places suggested. Thanks, all!

Spain is FULL of hot chicks! At least in Barcelona area

TidalWave · 11-22-2010, 12:50 PM

Quote:

Originally Posted by beerptrol

put it away for retirement or invest it

Buying a house is an investment, he will always have the equity, and more than likely will also gain appreciation.

Horny Joe · 11-22-2010, 01:01 PM

Quote:

Originally Posted by TidalWave

Buying a house is an investment

Ross · 11-22-2010, 02:21 PM

I lived in Malta for a year. If you want lots of hot girls, great weather 8 months of the year (the other 4 months isn't exactly shit lol) and good fresh food then look no further. I can email you pics of my 3 bedroom apartment we rented, it would cost about $250,000 to buy but this place was insane. Central location, close to the beach, tons of places to eat all around me, a harbour close by, and a 10 min ferry ride away from the capital - Valletta. Also the club strip is a $12 taxi ride away or a $1 bus ride away. Clubs close at 8am. Bottles of Vodka cost $100 TOPS! Thats VIP.

All in all it is a great place, nights out are cheap as shit, $3000 USD would be more than enough if you didnt have to pay rent.

Bad points:
It gets SUPER warm in summer, it can get 45 Celsius.
Service in restaraunts isn't the best, it isn't shit either, but not many people tip so servers are low paid and not making much on top of it.

Overall, I loved it. Europe is on your doorstep, Ryanair fly out of Malta to everywhere in Europe, you can explore a new place every month and still have money left out of your $3000 quite easily. Not to mention you will buy a nice place to live in for half of what your budget is. The market is booming there, so buy a place for 250k and rent out 2 rooms for 250 euros per week per room. Gives you another $3000 a month to spend having fun.

will76 · 11-22-2010, 02:24 PM

Quote:

Originally Posted by TidalWave

Buying a house is an investment, he will always have the equity, and more than likely will also gain appreciation.

it is an investment but not always the most wise ones. It depends on where, when and what he buys. People who bought right before the market crashed a couple years back over paid where too much just to see them lose 20-30% of that equity a couple years later. It might take 10+ years for them to regain that equity. If the person sells before then they will take a pretty big loss. On the flip side if he buys when it's the lowest and gets a great deal, then he could see a nice appreciation over the next couple years.

czarina · 11-22-2010, 03:02 PM

Cancun, Mexico.
Maximum temperature are 89 or 90 degrees, but you wont feel it, because you'll live in an AC'd house, drive an AC'd car, etc. And if you're at the beach, it's quite breeze.

The Usual Suspect · 11-22-2010, 03:27 PM

If you go for Australia, then Brisbane is a really great city indeed!

Barcelona is in one of my favorite cities, but the only downside would be that it's more expensive then Brisbane.

CPA37710T · 11-22-2010, 04:01 PM

Quote:

Originally Posted by Horny Joe

I hear good things about Costa Rica....

I see that you live in Texas... That was actually one of my childhood dreams. Move to Texas, get a ranch, be a cowboy and play music with Charlie Daniels

I do not recommend Costa Rica, violence has increased and price of course from starving locals is crazy. Boquete is a good choice, it had a hype 2 years ago and theres a lot of big houses for a very low price... do some research

www.cometoboquete.com

qwe · 11-22-2010, 04:10 PM

can't believe nobody said Miami... last time i've been there was pretty awesome as long as you're on a beach side

TylerBang · 11-22-2010, 04:16 PM

Quote:

Originally Posted by Cyandin

Texas, bro. I've lived here six years and I would never live elsewhere in the US. You can buy a beautiful ~4000sq. ft. house for around $350k (where I live, in North Austin) in fantastic neighborhoods with excellent schools, and with very low property taxes.

Also, we have a bevy of excellent and inexpensive dining options here.

I must have seen a different Austin during my 4 months living there.
It was humid and the town is just old. I know its the capital but without the college I don't know how it even made the map.

willwank · 11-22-2010, 04:28 PM

Quote:

Originally Posted by Horny Joe

If you have about $500,000 to buy a home and the "stuff" you need to live - and you have about $3,000/month income - what would be a good place to move?

It has to be relatively safe and clean. Not too hot, but nice climate most of the year AND - good, fresh and "cheap" food. The kind where you can go to the boats and get fish that is just a few hours old....

If the women looks good, that is not a negative

Bli hvor du er ;)

HandballJim · 11-22-2010, 04:54 PM

Quote:

Originally Posted by JosephFM

New York or San Diego.

Get yourself a nice apartment and enjoy the city.

If you want to go outside the US I would recommend:

Argentina
Costa Rica
Uruguay

If you mean NYC, you'll need at least double that monthly income...and 500k in Manhattan might get you a 1 bedroom or studio apt. Out of Manhattan you can buy something nice for that money.

LeRoy · 11-22-2010, 05:03 PM

Costa Mesa Ca.

It's affordable and nice on the east side. Newport Beach is a few minutes away ;)

mineistaken · 11-22-2010, 08:53 PM

Quote:

Originally Posted by dazzling

Take my advice and stay out of Sydney unless you like Muslims.

I thought they trojan horse only US and Europe. They are spreading fast.

drx · 11-22-2010, 09:03 PM

Costa rica

sbrazzer · 11-23-2010, 02:00 AM

Here in Cyprus, some local banks offer up to 12.5% yearly interest on bank deposits. Out of your 500K you can get monthly $5200. You can rent a crazy villa with a pool for 2K per month and live like a king with the rest. No need to buy a house and get tied to a place. Check it out, it is an EU country, very popular tourist destination. Life is peaceful, very low crime rate. The island has nice resorts and sandy beaches, lots of sunshine. A lot of people from UK immigrate here.

CPA37710T · 11-23-2010, 02:02 AM

Quote:

Originally Posted by sbrazzer

Here in Cyprus, some local banks offer up to 12.5% yearly interest on bank deposits. Out of your 500K you can get monthly $5200. You can rent a crazy villa with a pool for 2K per month and live like a king with the rest. No need to buy a house and get tied to a place. Check it out, it is an EU country, very popular tourist destination. Life is peaceful, very low crime rate. The island has nice resorts and sandy beaches, lots of sunshine. A lot of people from UK immigrate here.

12.5%??? for reals?? where can i see more details about that

Shags · 11-23-2010, 02:25 AM

http://secondlife.com/

FeelMyTube · 11-23-2010, 02:31 AM

Quote:

Originally Posted by sbrazzer

Here in Cyprus, some local banks offer up to 12.5% yearly interest on bank deposits. Out of your 500K you can get monthly $5200. You can rent a crazy villa with a pool for 2K per month and live like a king with the rest. No need to buy a house and get tied to a place. Check it out, it is an EU country, very popular tourist destination. Life is peaceful, very low crime rate. The island has nice resorts and sandy beaches, lots of sunshine. A lot of people from UK immigrate here.

If they have their funding cot at 12,5% something is very wrong, can't they get money anywhere else (like european central bank?)? even when interest for countries like greece, ireland, etc. went trough the roof you never saw banks offering anythign close.

Any idea on what rate they charge for mortgages and other loans?

sbrazzer · 11-23-2010, 02:36 AM

I just went to a bank this morning. Check privatbank.com.cy and look for Cyprus branch and check the deposit rates. A deposit of 150K for 5 years ― 12,5% annually with monthly interest payment. Over 300K the rate is negotiable.
The fact is that only 100K Euro is guaranteed by the government in case the bank fails.

nolongerexists · 11-23-2010, 02:43 AM

Quote:

Originally Posted by Jean-Francois

Mercer's ranking for best cities

1 Vienna Austria 108.6
2 Zürich Switzerland 108
3 Geneva Switzerland 107.9
4 Vancouver Canada 107.4
5 Auckland New Zealand 107.4
6 Düsseldorf Germany 107.2
7 Frankfurt Germany 107
8 Munich Germany 107
9 Bern Switzerland 106.5
10 Sydney Australia 106.3

But if you can handle living in a warm climate close to jungle or on an Island I myself would choose Costa Rica or Curacao

Good luck and hope you find YOUR spot ;-)

Retirement in Austria would be awesome, I think it's same for Switzerland.

CPA37710T · 11-23-2010, 02:48 AM

Quote:

Originally Posted by sbrazzer

I just went to a bank this morning. Check privatbank.com.cy and look for Cyprus branch and check the deposit rates. A deposit of 150K for 5 years ― 12,5% annually with monthly interest payment. Over 300K the rate is negotiable.
The fact is that only 100K Euro is guaranteed by the government in case the bank fails.

their website is really suckee i wouldnt trust a bank with a website like this, i emailed them anyway lets see what they come with

BJ · 11-23-2010, 03:17 AM

costa rica has gone to shit in the past 2 years. In particular, Jaco Beach.

BJ · 11-23-2010, 03:18 AM

Thailand is ok, but the problem with Thailand is you never know what will happen as far as foreigners living and working here.

dazzling · 11-23-2010, 03:51 AM

Actually, the big question you need ask yourself is are you even going to be allowed to live in any of these countries? You cant just fly to any country you want and live there. You need migrate via a residency visa first, then later get your citizenship. In third world countries like the Philippines you just pay a bribe, but in countries like Australia, France things are very tough. A lot will depend on your current citizenship, age. health, religion, when migrating to another country.

adamz · 11-24-2010, 09:43 AM

Quote:

Originally Posted by TidalWave

Buying a house is an investment, he will always have the equity, and more than likely will also gain appreciation.

Tell that to the home owners in the US, Greece, Russia, etc. A home has not been a good investment for quite sometime.

v4 media · 11-24-2010, 11:22 AM

If you dont mind a bit of rain San Sebastian in the Basque country.

Amazing beaches, wonderful city and superb food, you can buy your fish straight off the boats.

Fabien · 11-24-2010, 11:32 AM

Quote:

Originally Posted by dazzling

Nop, not correct. They are not making porn illegal.

for now...

DaddyHalbucks · 11-24-2010, 11:51 AM

Quote:

Originally Posted by TidalWave

Buying a house is an investment, he will always have the equity, and more than likely will also gain appreciation.

A house is a necessity --but it is not an investment.

Investments kick off cash, they don't consume it.

DaddyHalbucks · 11-24-2010, 11:56 AM

Quote:

Originally Posted by qwe

can't believe nobody said Miami... last time i've been there was pretty awesome as long as you're on a beach side

Hot, humid, and lots of crime.

No, thanks.

strobi · 11-24-2010, 12:15 PM

Quote:

Originally Posted by sbrazzer

Here in Cyprus, some local banks offer up to 12.5% yearly interest on bank deposits. Out of your 500K you can get monthly $5200. You can rent a crazy villa with a pool for 2K per month and live like a king with the rest. No need to buy a house and get tied to a place. Check it out, it is an EU country, very popular tourist destination. Life is peaceful, very low crime rate. The island has nice resorts and sandy beaches, lots of sunshine. A lot of people from UK immigrate here.

And don't forget, great offshore haven! Super low taxes...

Fabien · 11-24-2010, 12:47 PM

Shit i just checked for Costa Rica
Sorry but it ain't cheap !

For instance the cars.
Geeeee almost 4 000$ for an old 1992 Toyota Tercel WTF ???

As for the houses:
http://www.puravida.com/realestate/homes-for-sale.html

tiger · 11-24-2010, 03:31 PM

Quote:

Originally Posted by czarina

Cancun, Mexico.
Maximum temperature are 89 or 90 degrees, but you wont feel it, because you'll live in an AC'd house, drive an AC'd car, etc. And if you're at the beach, it's quite breeze.

The whole Yucatan area is amazing. I would love to move there myself. Great food, cheap health care, property taxes for most places are about 100 bucks a year or less, not to mention the weather, beaches and gorgeous girls.

dicksman42 · 11-24-2010, 04:05 PM

Quote:

Originally Posted by ~Ray

San Diego , but hurry before the home prices go up.

Baja California can be fun.

~Ray

Chula all the way

TidalWave · 11-24-2010, 04:53 PM

Quote:

Originally Posted by adamz

Tell that to the home owners in the US, Greece, Russia, etc. A home has not been a good investment for quite sometime.

buying a house AT THE WRONG TIME is not an investment, its a mistake.

You buy shit when the market is low -- just like with stocks.
Sucks for the idiots who buy stocks when the market is high or when houses are on an upswing.

TidalWave · 11-24-2010, 04:55 PM

Quote:

Originally Posted by DaddyHalbucks

A house is a necessity --but it is not an investment.

Investments kick off cash, they don't consume it.

Appreciation = cash
Equity = Cash

Equity in a house allows you to have both the asset of the house itself, as well as borrow against it for currently low interest rates.
When you sell your house, you get all the money back you paid into it. When you rent, you move to a new place, you don't get jack shit.

So lets see... spend $2000/month renting and leave in 2 years with $0.
Or buy a house for $2000/month and in 2 years get $48,000 back (minimum)

Or buy a house cash for $350K.
Sit on it, pay no rent, get appreciation all on its own in the backend.
Take out a HELOC at 3% and use the cash to invest in further opportunities that return more than 3%.
Guess what?
That house is now a 2-pronged investment. You make money on the house it self, and the equity makes you money else where as well.

So that original $350K is now making you money (a large amount of it) in 2 different places at the same time.

HandballJim · 11-24-2010, 07:25 PM

Quote:

Originally Posted by TidalWave

buying a house AT THE WRONG TIME is not an investment, its a mistake.

You buy shit when the market is low -- just like with stocks.
Sucks for the idiots who buy stocks when the market is high or when houses are on an upswing.

although the housing market is down, the prices did not change much in the northeast. I did get a good interest rate at 4.375 but did not get a super deal offered in other parts of the country. The job market did not get hit as hard here either, except in finance.

11-22-2010, 12:04 PM	#51
MaDalton I am Amazing Content! Industry Role: Join Date: Feb 2004 Posts: 39,825	i'm biased, i'd stay in czech republic. and a house i like would be max $250-$300k - i dont need 4 bed- and 4 bathrooms __________________ AmazingContent.com - providing only the best content and service since 2003 Monetize your content on Veegaz.com - one of Germanies largest VOD sites Got German traffic? We convert it into money for you! Skype: madalton02826 - Email: oltecconsult [at] gmail [dot] com

11-22-2010, 12:11 PM	#52
beerptrol Confirmed Asshole Industry Role: Join Date: Feb 2003 Location: Half way between sobriety and fubar. Posts: 12,722	put it away for retirement or invest it __________________ “If we are to have another contest in the near future of our national existence, I predict that the dividing line will not be Mason and Dixon's but between patriotism and intelligence on the one side, and superstition, ambition and ignorance on the other.” -- Ulysses S. Grant

11-22-2010, 12:12 PM	#53
Platinumpimp Logos and such. Industry Role: Join Date: Jan 2004 Location: Kingdom of the Netherlands Posts: 10,214	Definately somewhere in SoutEast Asia. __________________ I design logo's.

11-22-2010, 05:03 PM	#66
LeRoy Porn Pusher Industry Role: Join Date: Jul 2007 Location: It's a dry heat Posts: 13,334	Costa Mesa Ca. It's affordable and nice on the east side. Newport Beach is a few minutes away ;) __________________ JAPANESE CAMS AND CONTENT SITES Skype - leroy.rowland2

11-22-2010, 09:03 PM	#68
drx Confirmed User Join Date: May 2007 Posts: 416	Costa rica __________________ http://www.hentaisexonline.com Hentai Sex Online http://www.hentaisexonline.com/LinkEX/

11-22-2010, 02:21 PM	#57
Ross Ik ben een aap Industry Role: Join Date: Sep 2002 Location: Traffic Force Towers, Canada! Posts: 18,874	I lived in Malta for a year. If you want lots of hot girls, great weather 8 months of the year (the other 4 months isn't exactly shit lol) and good fresh food then look no further. I can email you pics of my 3 bedroom apartment we rented, it would cost about $250,000 to buy but this place was insane. Central location, close to the beach, tons of places to eat all around me, a harbour close by, and a 10 min ferry ride away from the capital - Valletta. Also the club strip is a $12 taxi ride away or a $1 bus ride away. Clubs close at 8am. Bottles of Vodka cost $100 TOPS! Thats VIP. All in all it is a great place, nights out are cheap as shit, $3000 USD would be more than enough if you didnt have to pay rent. Bad points: It gets SUPER warm in summer, it can get 45 Celsius. Service in restaraunts isn't the best, it isn't shit either, but not many people tip so servers are low paid and not making much on top of it. Overall, I loved it. Europe is on your doorstep, Ryanair fly out of Malta to everywhere in Europe, you can explore a new place every month and still have money left out of your $3000 quite easily. Not to mention you will buy a nice place to live in for half of what your budget is. The market is booming there, so buy a place for 250k and rent out 2 rooms for 250 euros per week per room. Gives you another $3000 a month to spend having fun.

11-22-2010, 03:02 PM	#59
czarina Webmaster Extraordinaire Industry Role: Join Date: Jul 2002 Location: A beautiful beach... Posts: 10,742	Cancun, Mexico. Maximum temperature are 89 or 90 degrees, but you wont feel it, because you'll live in an AC'd house, drive an AC'd car, etc. And if you're at the beach, it's quite breeze.

11-22-2010, 03:27 PM	#60
The Usual Suspect Confirmed User Join Date: Jan 2005 Posts: 415	If you go for Australia, then Brisbane is a really great city indeed! Barcelona is in one of my favorite cities, but the only downside would be that it's more expensive then Brisbane.

11-22-2010, 04:10 PM	#62
qwe Confirmed User Join Date: Jul 2003 Posts: 2,109	can't believe nobody said Miami... last time i've been there was pretty awesome as long as you're on a beach side

11-23-2010, 02:00 AM	#69
sbrazzer Registered User Join Date: Nov 2009 Posts: 41	Here in Cyprus, some local banks offer up to 12.5% yearly interest on bank deposits. Out of your 500K you can get monthly $5200. You can rent a crazy villa with a pool for 2K per month and live like a king with the rest. No need to buy a house and get tied to a place. Check it out, it is an EU country, very popular tourist destination. Life is peaceful, very low crime rate. The island has nice resorts and sandy beaches, lots of sunshine. A lot of people from UK immigrate here.

11-23-2010, 02:25 AM	#71
Shags Confirmed User Join Date: Mar 2004 Location: DK Posts: 735	http://secondlife.com/ __________________ Click Here

11-23-2010, 02:36 AM	#73
sbrazzer Registered User Join Date: Nov 2009 Posts: 41	I just went to a bank this morning. Check privatbank.com.cy and look for Cyprus branch and check the deposit rates. A deposit of 150K for 5 years ― 12,5% annually with monthly interest payment. Over 300K the rate is negotiable. The fact is that only 100K Euro is guaranteed by the government in case the bank fails.

11-23-2010, 03:17 AM	#76
BJ Confirmed User Join Date: Mar 2002 Location: asia Posts: 5,590	costa rica has gone to shit in the past 2 years. In particular, Jaco Beach.

11-23-2010, 03:18 AM	#77
BJ Confirmed User Join Date: Mar 2002 Location: asia Posts: 5,590	Thailand is ok, but the problem with Thailand is you never know what will happen as far as foreigners living and working here.

11-23-2010, 03:51 AM	#78
dazzling Confirmed User Industry Role: Join Date: Nov 2002 Posts: 579	Actually, the big question you need ask yourself is are you even going to be allowed to live in any of these countries? You cant just fly to any country you want and live there. You need migrate via a residency visa first, then later get your citizenship. In third world countries like the Philippines you just pay a bribe, but in countries like Australia, France things are very tough. A lot will depend on your current citizenship, age. health, religion, when migrating to another country.

11-24-2010, 11:22 AM	#80
v4 media Confirmed User Industry Role: Join Date: Feb 2005 Location: Spain Posts: 2,934	If you dont mind a bit of rain San Sebastian in the Basque country. Amazing beaches, wonderful city and superb food, you can buy your fish straight off the boats.

11-24-2010, 12:47 PM	#85
Fabien Confirmed User Industry Role: Join Date: Jul 2003 Posts: 4,787	Shit i just checked for Costa Rica Sorry but it ain't cheap ! For instance the cars. Geeeee almost 4 000$ for an old 1992 Toyota Tercel WTF ??? As for the houses: http://www.puravida.com/realestate/homes-for-sale.html