1 million dollars, with an annual interest rate of 3.5%, where can you live in those countries or cities??

Continuing this topic, I will discuss it a bit more. Today, Dog Brother @gokunocool came to ask me how much money is needed to live overseas. I calculated a bit and thought I would share if you have 1 million dollars in savings, relying only on the annual interest of 3.5%, which translates to an expenditure of 3,000 dollars per month, where can you live with minimal pressure.

In China, a monthly consumption of 3,000 dollars can enable a normal life even in Beijing, Shanghai, or Guangzhou, and ensure a relatively comfortable living. If you have children, as long as they are not studying in private or international schools, it’s not a big issue for both parents not to work.

However, it is nearly impossible to live luxuriously on 3,000 dollars; you can only maintain a relatively affluent lifestyle. But in lower-tier cities, you can have a better quality of life with 3,000 dollars, as living and education costs are lower, allowing for more affluent funds.

In Vietnam, a monthly expenditure of 3,000 dollars is more relaxed than in China. The cost of living in Vietnam, if managed well, is roughly equivalent to that of second-tier cities in China; the cost of international education in Vietnam is not very high, and with a bit of effort, one can still enter a mid-range international school.

With 3,000 dollars, a family of three can live more comfortably in Vietnam, and they can also travel to nearby Southeast Asian countries from time to time. Imported cars in Vietnam are quite expensive, basically double the price in China, but local cars are relatively cheap. However, the infrastructure in Vietnam's lower-tier cities is poor, making them unsuitable for relocation.

In Thailand, it is said that the most expensive places are tourist cities like Phuket. With 3,000 dollars, living in Thailand is definitely sufficient, and you can enjoy a modestly comfortable life, but if you are attending an international school, this cost is still very tight, though it can barely work out.

If you want to live in a villa with a pool in Thailand, hire a maid, and have a driver, then you need at least double that amount. The price levels in Thailand are generally not much different from Vietnam, though there are slight differences between cities. But they are not far off from second-tier cities in China.

In Japan, living in Tokyo is significantly different, as the cost of living in Tokyo is higher, while it gradually decreases outside of Tokyo, especially in the northern part of Japan, which is cheaper. Living on 3,000 dollars in Tokyo may feel a bit tight; of course, if it’s just one person, it should be fine, but for a family, it can indeed be a bit hard.

I think the cost of living in Japan is similar to that in Shanghai, perhaps slightly more expensive, but not excessively so. The main costs are in housing and transportation. Fruits can indeed be more expensive, but they are still affordable.

However, if in Hokkaido, 3,000 dollars can provide a more comfortable life, but entry to international schools may still be tight; however, after obtaining a work visa in Japan, you can attend public schools, but that requires learning Japanese. Otherwise, there aren’t many issues, and the public schools in Japan are also of good quality.

In South Korea, living in Seoul can be somewhat pressuring. Comparatively, I feel Seoul is slightly more expensive than Tokyo. If we say Japan is a low-interaction city where not speaking Japanese doesn’t hugely affect assimilation, in Korea, life might be more difficult. Additionally, I feel that compared to Japan, South Korea is somewhat more exclusive.

I haven’t been to lower-tier cities in Korea, with Jeju Island being the farthest I have been. However, I think the costs on Jeju Island are also not low, likely due to it being a tourist area. The rental costs for housing in Korea are relatively high; things have improved somewhat after the reforms, but the costs of education in Korea tend to be higher.

In Malaysia, it’s basically Kuala Lumpur, Penang, Malacca, and Johor Bahru; I’m not very familiar with others. Living on 3,000 dollars in Kuala Lumpur is fine, but living very well is challenging. Kuala Lumpur's prices are slightly lower than those in Bangkok. I remember Penang being cheaper, but some friends said Penang is more expensive, so I'm not sure.

In Kuala Lumpur, with 3,000 dollars for total living expenses, reading in international schools is somewhat pressuring, but it’s manageable if you save a little on living expenses. In Penang, I remember international schools and accommodation being cheaper; about 3 years ago, I went to survey, and 3,000 dollars was enough to live in Penang, covering international school costs. I’m not sure about now.

In Taiwan, with 3,000 dollars, living costs are sufficient, even in Taipei. This amount would be fine for a family of three. I'm not very familiar with education costs in Taiwan, but generally, it should be cheaper than Japan and more expensive than Malaysia, but living costs in Taiwan are lower. Personally, I can even compare it to Malaysia; Taiwan truly offers great value for money.

The costs in lower-tier cities in Taiwan are somewhat cheaper, and if living in Taipei is manageable, then life in other cities shouldn't be too problematic. However, due to current political reasons, it is very difficult for those holding Chinese passports to live in Taiwan, so I don’t want to discuss it further.

In Dubai, living on 3,000 dollars is possible, but education and schooling become very difficult. Although many think living in Dubai is stressful and expensive, from my personal experience, it is about 30% cheaper than Hong Kong and Singapore. But to be honest, living on 3,000 dollars can be quite exhausting; I won't elaborate much on that.

In the United States or Europe, unless you're heading to a remote countryside, 3,000 dollars can only keep you alive. If you have residency, it’s better because you can enjoy some benefits, but without residency, this amount will only guarantee you don’t go hungry.

In Singapore, living on 3,000 dollars is very difficult unless you are a citizen. Even as a citizen, this amount barely suffices for one person to survive. In some respects, living here is still not as comfortable as in Europe or America.

Overall, a living cost of 3,000 dollars in Asia is feasible except in Singapore, especially in some second-tier cities in developing countries where one can live relatively comfortably. However, in first-tier cities, without considering international education, it is still possible; but if concerning children's education is taken into account, it becomes somewhat tough.

Bitget VIP, lower fees, better benefits.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。