I lived across South East Asia for more than decade and now live here full time. I have to live on around $20,000 / year most of the time since starting my company. And I do not live anywhere close to what average US / EU citizen will call "comfortable" let alone people from valley.
Stories of rich living for cheap in poor countries its just that: stories. It only possible if you preserve your US salary. For $50,000 post tax a year you can live well unless you have kids that need not a "poor country education".
If you're born there you unlikely to ever end up in US on $100,000+ job unless your whole family or village invest in it.
If you're expat you will soon end up finding out that as expat you'll pay completely different prices and starting local business is just impossible unless you become part of a family.
How the hell you end up in US on $100,000+ job? How much time it took and how much you spent on education / job search / migration to US?
If you're from India then likely all your relatives invested into your education and migrarion.
And that’s not available income. France median pre-tax "net" income is ~€2.100 / month.
Nothing of it available in cheap country for expat. If you move to developing country you better pay for health insurance like 80-250 EUR / month / person.
Also if you have a partner who is not remote worker they might not be able to find well paid job there. If you have kids then giving them good modern education in English is exorbitantly expensive.
I wont even start about fact that government of cheap country might change and you lose your residence permit, social circle or even property. And in most of countries that are easy to enter never give permanent residences and passports. You have to pay pay pay all the time or jump countries.
They are not free, the costs are deducted from the gross income listed above. Not that fundamentally different than employers paying for your health insurance (besides the system being way more efficient etc.)
And good education is either non existing in cheap cities or expensive in expensive ones.
As it is in most if not all of the world? Free, high quality, public education is a rare thing, in most countries, even fully developed expensive ones.
Even when the schools themselves are nominally free you see well-off highly educated people do their best and pay a very large premium to get to live into the proper, usually expensive, neighbourhoods so their kids can live in the "right" school district to get into the "right" school.
Which is just paying a premium for supposedly better education. An indirect education cost.
And that is on top of the taxes deducted from the gross salary figures I mentioned, which are, in part, used to cover said "free" education.
And the actual cost of healthcare to the organisations paying for it is actually far lower than the US system, probably partly because it's more regulated and also because there is far less litigation so insuranace for doctors is cheaper.
So I don't think the US system is "more efficient", unless by "efficient" you mean in extracting money from patients / their insurances. In the US hospitals exist to make money, in the EU it's more about providing treatment.
As a supporting point for
> 50,000 sounds like a lot. Most people in West European countries don’t make that much.
And a counter-point to
> I lived across South East Asia for more than decade and now live here full time. I have to live on around $20,000 / year most of the time […] And I do not live anywhere close to what average US / EU citizen will call "comfortable" […]. It only possible if you preserve your US salary. For $50,000 post tax a year you can live well unless you have kids that need not a "poor country education".
> I wont even start about fact that government of cheap country might change and you lose your residence permit, social circle or even property. And in most of countries that are easy to enter never give permanent residences and passports.
Good, because that is an entirely different and very loosely related point.
I am afraid I am not getting your point.
I do care about having to waste my life setting DIY solutions because country I live in doesnt have it.
I just lived around the world a bit especially in said cheap countries. A lot of people who spend 3-6 months travelling there after college or while nomading seriously undersell how much hassle living there can be if you're there for good.
Its a good to have a job or company in US / EU while living in SEA knowing you can always return if something go sour or when you decide to start a family. Its nowhere as easy if you have hypothetical scenario of moving there for a decade.
Thats all.
There of course cities with a lot of expats and activities, but imagine what - living there is not cheap. Cheaper than US / EU, but you still gonna need that $2000 / month.
Wont even start on topic of lost opportunities from lack of networking since we talk of some extreme downshifting here. But most people need friends and safety net at least.
Side note for the original commenter: It would be kinder and more accurate to state “lower cost of living countries” than “poor countries”. There are numerous lower COL countries that offer a higher quality of life a than that of the US but they aren’t “poor” (I moved to one).
I understand that side note wasnt for me, but yeah most of cheaper developing South East Asia countries are not "poor". Though there are ones you can call that, but again in a such countries you dont really want anyone to know you have $100,000 somewhere on a bank because its can get unsafe very fast. Its either "live just a little better than locals" or get in trouble.
PS: I talking of Myanmar, most of Laos and Cambodia.
Easy to live on sub 700$ a month if you're happy with air conditioned studio, mostly asian food, scooter and not going to high end bars.
Get the 1 bedroom apartment, quite often takeaway/delivered western food sub 1500$ a month.
Go eat out western food everyday, live in a 3 bedroom in the nicest district go to fancy bars etc and yeah maybe you can reach your 5k a month...
People have no clue / are not willing to experience adjustment for 3 weeks... But easily possible to live here for budgets mentioned above...
Plus health insurance like Cigna for $100-200 unless you want to pay $10,000-20,000 in vinmec if you crash on a motorbike or get other serious sickness.
Plus border runs like $200-300 three times a year or often for cheaper depend on your paasport.
Problem that I doubt its how average SWE on HN imagine "comfortable" living.
Then if you have a partner who is not remote worker and kids there will be other surpeises for you.
Person from that kind of country likely had to spend $100,000 just to find job and move to US and survive there for the first time.
Legal migration to US is super hard and super expensive. You have to be both very successful in what you do and very dedicated in order to do it. Or very rich. And it take years.
People who choose to migrate to US and manage to do it isnt the type to throw it away on small scam.
And if they managed to get in easy, fast and illegally then they wont be the ones competing for $100,000+ job.
For example, Thailand would be 2 years like you say. Neighboring Burma/Myanmar would be EASILY 5 years, possibly 10 depending on how long the civil war goes. That's assuming you don't work and live in the capital Yangon.