"With rising living costs and the current global economic uncertainty prevailing in 2025, more aging people, particularly from Western countries, are considering moving out of their country of birth to seek affordable and comfortable living overseas. From students to digital nomads and skilled workers, the world's expat community has now become more diverse than ever, as these new settlers have discovered that if you move abroad, it can be easier on the wallet in the long run."
"The financial breathing room may explain why Vietnam, for the fifth consecutive year, has been voted one of the most affordable expat retiring destinations in the world once again. Vietnam has also become a big hub for online workers and entrepreneurs due to easy visa programs and infrastructure. Expats residing there are pleased with the general cost of living and this explains why some have decided to settle in the country forever, rather than the typical period of three to five years."
"Colombia closely follows on the heels of Vietnam as here also the majority of expats were able to live a good quality of life with their disposable income and none flagged the country's cost of living as a major concern. There are some expat communities in Colombia based around the bigger cities as these places offer a mix of cultural attractions and modern infrastructure combined with a low cost of living making the country a popular destination for those seeking a new life."
Rising living costs and global economic uncertainty in 2025 are prompting many, especially older Westerners, to consider relocating abroad for more affordable, comfortable living. A diverse range of people—including students, digital nomads and skilled workers—are joining expat communities to stretch disposable income and reduce expenses long-term. Vietnam ranks highly for its affordability, visa ease, infrastructure, and growing hubs for online workers and entrepreneurs. Many expats in Vietnam report satisfaction with living costs and extend stays indefinitely. Colombia offers low costs, cultural attractions, modern infrastructure and concentrated expat communities in larger cities. Panama also remains a popular retirement choice for cost-conscious expats.
Read at www.wanderwithjo.com
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