Retired in Phnom Penh, Cambodia - Easy, Cheap, and Convenient
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- čas přidán 2. 06. 2024
- Is Cambodia a good place to retire? I'm talking to a retired man that recently moved to Phnom Penh, Cambodia. We're discussing the pros and cons of retiring in Cambodia. Will you have to make sacrifices? Can you find the things you love from back home? How much does it cost to retire in Cambodia? Is it easy to get a visa? We'll also do a tour of his neighborhood to see all the conveniences that are just a block or 2 away.
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👤 ABOUT ME
I currently live in Phnom Penh, Cambodia and I am constantly exploring and traveling the country and other parts of the world. I've lived abroad with my partner in crime Sara for over 9 years (Vietnam, China, Ecuador, Cambodia). We are expats 4 life.
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🎵 MUSIC
"Blitz" by Eric Reprid / ericreprid and Clueless Kit / cluelesskit
0:00 Hopefully not a murderer
0:49 Tour of the neighborhood
1:58 Why did you choose Cambodia?
3:12 Being able to continue your hobbies
3:46 Cost of living
4:51 Banking
5:31 Food - will you have to give up your favorites?
6:03 Eating better & exercising more
6:24 Have you found it difficult to meet friends?
6:47 Healthcare
7:37 Difficult to get a visa?
8:18 Thailand retirees coming to Cambodia
8:30 Getting setup when you arrive
8:49 Tips for people considering retirement in Cambodia
9:14 Quality of life levels
I’m another one who has been living here since 2012 on my social security alone. I use the ATM once a month and just pay cash for everything. I live comfortably and actually able to save money. Love Cambodia
Lol try doing that in the US ! You would have to live in a tent.
What about the terrible food …
@@ma3stro681 you mean affordable lol
How much is your social security every month if you don't mind me asking?
You don't have to live in a tent, but you do have to live in a flop house (sugar coated version)
To my amazement. I live in the same building (KC Apartment) & have met Jim. I just moved into the Russian Market neighborhood & am just now getting used to it. Anyway, another good video. Looking forward to talking to Jim again & telling him I saw his video.
Food choices are good. the intense heat for 9 months out of a year is difficult .
Sounds like New Orleans 😂
$600 for a gym and pool. I can’t even get out of Costco for that price
600 seems astronomical for a 3rd world country
600 usd is like 3 times the monthly minimum wage in Cambodia, so is like 5000 USD in the US
I was actually surprised by the price of that condominium. I’ve had similar in Bangkok for around $400 a month. Perhaps it’s more spacious than the video let on.
@@williamechols2731 and thailand is much more developed country than cambodia...
I pay just $260 a month rent for a 2 bed condo in a complex with sauna, gym, swimming pool and 24 hour security in Melaka, West Malaysia facing the Melaka Straits. My monthly utility bills in the UK cost more than that.
I'm retired in Cambodia. I have the retirement visa for one year less than 200$. I bought a condo for less than rent in las Vegas. My complex has pool and gym with view of tonle sap river. I lived in the Philippines but visa and ownership drove me to Cambodia. I have an ABA account but transfer money through others banks like Candaia or prince bank and deposit in ABA. Rates our cheaper than ABA. Good luck to all who come and great video for newbies.😊
Thanks for sharing
What's the lease on your condo?
@@jamesdivine69 zero down I had an interest of 12% for 15 years. I pay under 900 a month management fee is 32$. It's a two bedroom and one bathroom. One bedroom our 700 and studio 500. Interest depends on what is put down. Hope that helps.
12% interest rate? Thats crazy bro
@@douglasthorp7471How much was the condo?
Cambodia is a hidden gem of a Country and I love it there...
I plan to move back to Cambodia but not for another three years. I want my daughter to finish high school in the states. I lived in Cambodia for nine years. I miss it.
I like his attitude 1600 a month is living his best life. Change is good. It gives you a new lease on life. I look forward to retiring in the Philippines or Cambodia. I’m planning on a trip to the Philippines at the end of the year to check it out
Are you going alone ?
@@billyclone4289 I’m going on vacation I can’t retire there for five or six years. So I’m going to check it out.
@@Adam-ty7sz Well enjoy your visit i was there for 1 month and fell in love with the place so much to see and 99 percent of the people i met were very friendly .
@@billyclone4289 That’s awesome. I can’t wait to see it .Glad you had a good time. Friendly people are always good. I could use some of that.
Wow, Lost 40 lbs. worth it to move… love ❤️ Cambodia… not if Siem Reap is better the PP for me…
I agree only listen to people who have lived there and are giving their advice .I ignore and delete the click bait sensationalists who visit for a few days and talk pish
Jim is s very sympathetic person. I hope he will get a good retirement in Cambodia. Thanks for the video. More of that.
It looks so much cleaner than Manila Philippines.
Love it
Manila is a cess pool of garbage, homeless people, urine stench everywhere, people always begging, families homeless, I hate Manila I try to avoid that place at all cost.
Manila is a dump, like a lot of other Philippine towns/cities.
Makati in Manila is becoming saturated with ex pats driving up prices. Thailand is no longer the country it was 20 years ago and visa problems are rife. Cambodia or Vietnam are the new boys on the block and I would choose one of those countries to retire. If you have an above average pension or savings Malaysia could also be on the wish list.
@@manuelaffonso2191 Philippines is a vassal state of USA. so of course it's a dump... the boot on the throat of the vassal:)
@@stevenhull5025 you can not collect SS if you live in VN, it is a communist country
Jim , I am get jealous with your cheap retirement there. I wish I can visit Cambodia in December 2024 to see how I can stay there for a while. Thanks for your information.
Yes when I get retired contacts there I'll visit.
So many people have forgotten that SS was designed to be a supplement for retirement. It was never meant to be your total income.
Love Jim!! He made it sound like a winner winner! Ryan, you’re the best as always!! ❤
Lived there for almost a year, wish I could go again.
Phnom Penh is awesome. I had a great time there, and was pleasantly surprised at all of the fellow Americans that I met while I visited. There is plenty to do, and the people were very friendly. "Happy" pizza is everywhere too. Thanks for posting this video.
Having visited earlier this year and falling in love with the place, I would seriously consider retiring there. It's something I don't have to immediately worry about, but will give it serious thought within 10 years. I must admit the only thing that scares me is if I get sick, or end up with a chronic long term condition.
Bingo. That and what happens if you need nursing care and people nearby to make health care decisions for you. Sure, Bangkok isn't far with its excellent private hospitals, but that doesn't replace loved ones who can be trusted. Or God forbid, take over finances if you develop serious memory issues.
Yep! You hit the nail on the head. If you are generally in good health with no pesky American diseases such as Diabetes, High Blood Pressure, Heart Disease, then retiring overseas can be a good option. I do not have any diseases, but my body goes in and out of "perfection" if you want to call it that...hehehe. As you age, there are just bad days and it's nice to have access to the Western medicine here. I could probably get used to overseas healthcare, but as you say......have one major illness fall upon you, your retirement in Cambodia comes to a quick end. And I think the one thing "Jim" is just flat out in denial about is the fact that he appears to be on his own. What will happen when his wits are not all there? It is bound to happen eventually that your mental acumen will begin to deteriorate and then what? I can't imagine trusting my life, my finances and health up to some stranger because I will not have any family in Cambodia.
@@TheStoneWhispereri don't think something like that would normally happen overnight. Obviously, there's a risk if you have a sudden serious illness. But you have to think positively and do everything you can to stay healthy, which he seems to be doing.
Fear of the unknown prevents many people from fulfilling their dreams. We are not in control of what "might" happen. Plan for all eventualities. Take out a health care policy or save enough for an "emergency fund" if the worse should ever happen. At the end of the day any one of us could drop dead this very minute. Live life as if its your'e last day.
@@stevenhull5025 I decided in my early 30s to become an expat in East Asia and lived there for nearly a decade. That was a measured risk that made a lot of sense to me at the time. I suppose if you have no one and nothing to lose, and you are ready to punch your ticket at any minute, then moving to Cambodia old and alone makes some kind of sense. Nothing wrong with that of course if so. Personally, I'd rather spend my last days closer to those who know and love me to the extent possible.
Great video! I was there in October and think I will retire there - I love it and have been several times. I am working in South Korea now saving up the money.
It seems quite simple to move. I wish he can share his experience visiting the dentist and the doctor in the Kingdom. Great job 👏 Itchy…
I'm planning a video about these things - it's hard to do because you can't really film much in a doctor's office, but I've had a few experiences that I can talk about.
A couple of my friends went there and got a lot of dental work done in Cambodia. And I have a friend who had his done in Mexico. They all worked out with affordable prices. Unfortunately most of them had to have them done again about 8 years later. I never asked why.
I am retiring by the end of August. I literally could go by mid July but I am on a piece of cake job right now. I’m a heavy equipment operator. I’m going to finish out until August waiting for hours to transfer from the contractor to my labor union.
Just my way of making doubly sure that the hours have transferred by waiting until August.
Plus, I’m working with a great bunch of people!
I’m planning on visiting Cambodia. That’s all I planned on is visiting now. I will have my eyes wide open looking at what kind of lifestyle I could have in Cambodia for sure. Thanks for the video. That looks perfect shopping and surviving. I would love to see where he swims every day?
I’m definitely going to be just like him I could shed 30 pounds in six months in a heartbeat and back down weight. Since I’m an equipment operator I do a lot of sitting so I’m about 40 pounds overweight. Can’t wait to eat food and sweat it out! And get a good massage on this sore back on a regular basis at an affordable price!!! a great video. I’d like to see more. Subscribing now.
Great video! Jim seems like such a cool guy. I'm happy to see his success in Cambodia, and to know that he can make a pastrami sandwich if he wants! I also appreciate the clear audio on this video. First time I've seen your channel. Cheers.
Thanks Ryan for uploading regularly. I am so homesick right now because I wasn’t able to visit Cambodia for Khmer new year this year. I really enjoy watching your video contents.
Save ur money and go...
Quick and informative. I currently live in Thailand but am considering Cambobia if things get [more] stupid with VISAs and taxes.
I lived in the Philippines for 1 year and Thailand for 3 years. I never thought I could find a happier place than Thailand. On the first of the year I moved to Phnom Penh and I love it more than Thailand. I can go on my $64 flights to Bangkok if I need a vacation. The 6 month visa for $200 is so stress free. Ho chi mon city is only a $25 bus ride.
I;ve lived in Thailand for 2 years, Came over to visit Phnom Penh for a month and I can honestly say it's great I would consider moving here. I was really impressed by the English level versus Thailand as well
Oh no they have visas and taxes? How dare they.
met Australian in Thailand who lives in Siem Reap because of ease of visas but has Thai girlfriend... regularly crosses back and forth
Awesome vid. Love a walkable neighborhood!
One good, informative channel is called Second Life Travels. ;)
One of your best videos... I remember watching you order the shirt you were waring during this video... i arrive in Siem Reap May 1 2024...
G'day mate , Jim is spot on for where he lives , I'm on the other side of the market , this area has everything just gotta look its there, the first market is huge i go all the time , chase bank is most likely he uses to transfers money then to ABA hope that helps for the US watchers ..
Catchya
Excellent video. Jim did a fine job describing "living in Phenom Penh," well worth the view. Ted in California
Looking at Jim's T shirt I would imagine the the humidity is incredible. That would be no-go for me from the start.
He said he lost forty pounds...
Yeah, Cambodia is too hot for some to handle. Definitely one of the harder things about living here.
It's an insane tropical climate. Non stop humidity all year round
I would also like to escape Canada, too cold, too expensive
It may be too hot for you; things are not that cheap either if you factor everything. I'm from the east coast US and was in Cambodia recently. It was too hot and humid for me. The air was bad and I could hardly breathe; Cambodia is ranked the 8th among the most polluted countries in the world.
@@duplex88Cambodia is definitely not for you because you're weak. Some people are much stronger than you and can survive and love Cambodia. Just because you couldn't doesn't mean no one else can. You're too negative.
@@duplex88 if you think about pollution, you may not be able to live in any countries in Southeast Asia. I don't think they really care at all about it.
@@duplex88
It’s common in every city that’s the air is ain’t that healthy but other part away from the city as province of Cambodia as Siem Riep , Rotana Kiry , Mondol Kiry it’s modern and also can surrounded with beautiful tall forestry surrounding all natural beauty wild life the qualities of airs it’s like sleeping on a cloud also toward rural side and communities surrounded by the ocean and beaches are top notch natural , green lifestyle affordable and peaceful tranquilities peace of mind !
@@duplex88 ok, stay in canada . slave.
So nice country, and have a good place for the eat ,i like it. thank you .i ❤
We have thousands of restaurants in Phnom Penh. You just need money.
This gentleman is welcome in Cambodia because his social security represents positive income for the country. His present, expat status depends on the stability and the value of the USD. This is a variable that needs to be considered
Hope you can interview few expats about their health care experience and insurance.. can get reduced health insurance rate for 40 lbs. weight loss.. which bank did he transfer his retirement to first? What was the fee?
Yes, I was going to ask the same question. Which bank did he transfer to before the transfer to ABA? Jim, are you reading this?
Actually having stores and groceries nearby is common in most of the cities of the world, except the US where you need a car just for a loaf of bread.
except you live on top of each other and in the US you don't (not nearly as much)
Loved the video thanks
Thanks for the video, Ryan. Loved it
Thanks Ryan, tonnes of information. 👍
Very helpful and thanks
Thanks guys for cost of living info - great - 👌👌
Great video 👍
Great video Ryan, thanks.
Great video, great info.
Great interview!
Good info. Thanks for sharing!
Thanks for seeking Jim out and sharing this content.
Great content and great information
Thanks for sharing.
Nice video, thx
This video was very helpful, I like your style of interview and found Jim’s experience informative. Subscribed
Thank you to you both and good for you, Jim.
good informative video Ryan!
I gotta get out of BC, Canada....Cambodia is looking the best option for me. And definitely the most affordable, too
I’ll use to live on West End of BC, Canada! Vancouver it’s highly expensive can’t barely survive just work hours and hours but no social life , I’ll only live as 2 years then move out to US. Now within max 3 years I’ll retiring in Cambodia because that’s we’re I’m native off so much things to do and connected to others affordable entrepreneur beautiful sceneries lots of green forestry and affordable lifestyle so many option to choose in Cambodia wether green food , groceries they also have western groceries then rent out a house by the beautiful
Beaches eating green organic diet 😅❤
Phnom Penh is great. I love the people and the government with their easy 6 month visa. The only thing that sucks is that it is hard to find a job that pays a living wage.
I love COuntryside, preferably SiemReap. I planned to be like Jim, retire, and live abroad.
Great information.
Awesome video ❤❤
Thank you ryan!
Great info
Banking
Easier to get a bank account in Cambodia vs. Thailand? Good to know
5:54 Thats really cool to see Arizona ice tea in that grocery store. Wonder how much they cost. I think here its around $1 or $1.50 USD, havent bought one in at least 8 years.
I'm glad this video did well!
Great vid
Congratulations, a great video. It conveys the real daily lives of ordinary people. I wanted to ask you a question about medical insurance, if it is possible, and is it convenient to buy it in Cambodia???
That was great. Thank you.
Great video .
Great video
❤❤❤❤great to find option on where to retire.
Good video thx!
Living in the city everything is 15 minutes away, fantastic!
This has my interest, and would like to ask - how’s the general hygiene situation overall? Water quality, fresh food availability, etc? I’m collecting SS now but still quite active.
Can you have this guy and others compare Phnom Penh and Siem Reap please? What kinds of income tax are they paying on social security?
Impressive to make it on that amount.
Thanks Jim for adviseert .
Wow, PP has come a long way. Back in the day, couldn’t find an apartment to rent no matter how much you were willing to pay.
Elaborating a bit more on my highlighted comment.
I know that Medicare Advantage will refund the health costs of someone that is travelling overseas, but what they cover is more like accidental health costs. If a person has a chronic condition, like diabetes or heart condition, they will not pay if one has to get medical help from a hospital or doctor.
That is why you should always have a property to go back home too if things go pear shaped. I kept my home in the UK and I rent it out. It helps boost the old pension as well. I have a £30,000 medical reserve fund as a safety net if I am hospitalised outside my country.
@@stevenhull5025 Wise man, may GOD give you a long and heathy life. I hope many will listen to your advice. Aloha
Nice one
Thank you Ryan, I will check with Canadia Bank.
Itchy survived from talking with a stranger in the Kingdom. Great interview… please do more real life interview like this to get different perspectives ( family, female etc.).
I'd love to. It's just a matter of finding the right people. If anyone out there is interested in sharing their Cambodia expat experience, let me know itchyfeetonthecheap@gmail.com
Are there a lot of foreigners retire in Cambodia. I hardly see them on youtube.
🎯 Key Takeaways for quick navigation:
00:02 *🚶 Meeting with a retiree to discuss living in Cambodia*
- Discussing the reasons for choosing Cambodia for retirement and initial impressions.
02:37 *🍲 Local amenities and cost of living in Cambodia*
- Highlighting the availability and affordability of food, personal care, and healthcare.
- Mentioning the convenience of finding everyday necessities and services within walking distance.
05:37 *🥪 Emphasis on the expat lifestyle and social opportunities*
- Availability of international foods and ingredients allowing for a diverse diet.
- Opportunities for socializing and meeting other expats through various local groups and events.
06:44 *🏥 Healthcare and insurance for retirees in Cambodia*
- Discussing the healthcare options available and how expats manage insurance and medical care.
07:40 *🛂 Visa process and ease of getting established in Cambodia*
- The simplicity of the visa process for retirees and the straightforward nature of settling in, including banking and local transportation apps.
09:05 *💡 Advice for potential retirees considering Cambodia*
- Suggestions on how to prepare and what to expect for those thinking of retiring in Cambodia.
Made with HARPA AI
This is a good video, I lived in the Philippines for six years on a retiree Visa, from what this man is saying it sounds easier and cheaper - the retiree visa in Cambodia is only 250 USD. In contrast the retiree visa in the PI is $360 and it takes longer than a week to get but you can get it at 50 and above. I don't know if Cambodia has an age limit? He seems happy and he has everything he needs in walking distance. I'm looking into Cambodia as a back-up to the Philippines.
55 is the age minimum to be able to get a retirement visa with absolutely no requirements. I just got mine ($290 for a year is the going price).
Well that's more economical than $1,400 per year in St. Kitts, but that's a temporary residency for everyone not just a retirement visa.
Best of luck to you, I hope you'll make it to Cambodia 👍
Something like this is in my future. I can feel it in my cells. There is too much life going on in other places. My problem is I find it hard to let go of my house, all my possessions. I can't get rid of it all, I just can't. I have a great house in a beautiful town. There will likely come a day when I will come back to the US, even if I move to Asia "permanently." I could rent and storage. Likely will at some point actually. I did that for a couple years and it generally worked out, but it was a bit of a hassle. Not sure what to do. I hate being in this state of indecision. Tied to my belongings. I need some kind of breakthrough discovery. Later this year I will backpack around Thailand (2nd time) then Vietnam, visit Cambodia, the Philippines. I hope I will fall in love with something or someone there, to help make this decision.
Keep your home and rent it out with a good agent. You never know when you might want to return in the future. The rent will also increase your available funds. Selling up everything and heading into the unknown is not a great idea in my book.
@@stevenhull5025 I agree 100%
Please make a video about country living in Cambodia.
Great move! Very happy for Jim. Best wishes and happy Khmer New Year to everyone. 🙏🙏
Im living on my canadian pension of $2500 a month . Just outside of toronto. I travel every winter . Im going to Thailand for 3 month this winter i will visit Cambodia to see how i lke it .i am66 .
Is that USD or CAD?
$ typically means US$. Since you’re Canadian, I wasn’t sure if that’s wha you meant.
I live in Dalat and there is almost no western food in the grocery stores. That is one thing i miss about Cambodia.
Why u moved to Dalat then
@@rgasta7765 Primarily the weather. I dont NEED some of the westen foods i like but it's nice to understand whats on a label sometimes. There is a much more diverse assortment of fruits and veg here so no biggie if i cant find italian seasonings+ etc.
@@markbigelow2608 is the weather in Dalat cooler than Phnom Penh? Im in HCMC and its crazt hot. May i ask you if you find VN friendlier than Cambodians?
I almost bought a sweater in Dalat after living in Phnom Penh 😂
@@briangoss7716 For a summer escape it has perfect weather.
It's cleaner than i thought. Greeting from Indonesia
His advice to watch CZcams videos was good especially videos from those who llive there not the ones with content from dud two week visitors with unqualified negativity.......Vlogging a Dead Horse youtuber is a good example of who not to watch for advice .
Love it.
$1600 a month? Good lord I get just over 5K with my disability pay...I tried Thailand (Visas suck) Philippines, just to much poverty and filth among other things for my liking to stay...might have to try a month in Cambodia.
cambodia is much poorer than the phillipines so<
5K a month is massive anywhere, lucky you
@@louisazraels7072Phnom Penh and Siem Reap are much cleaner than Manila. Best is to come and live for few months to see if you like it.
$5000 wow. You would live like king.
love this alot. Would love to see more of it if possible. It' would also be nice to see young vs old and family vs single experience of retiree or ex-pat as well to see different perspectives
I like that idea. It's difficult to find people willing to talk on camera though.
Great Video, thank you Ryan
Liked the video. Seems like a great experience. America's economy is sending us far from home. I live in Los Angles and while it is a beautiful place I have a choice between retiring in a van or becoming an expat. It would be nice to know what insurance company he used to gain the emergency 50k policy before needing to head back to the states for his medicare. (?) Glad Jim didn't murder you.
Many Medicare Advantage plans include the $50K urgent care and emergency care benefit. Humana and United Healthcare to name a couple.
@@danduvall8583 Thanks Dan!
Audio quality while riding is surprisingly great. You can do some ride along videos.
Great video, very informative for me, considering retiring there myself. 😊 cheers 🍻
i swim too, where does your guest lap swim in cambodia?
Living like a king, that is what people always said and this dude house is super super cool
I prefer Siam Reap or even Campot but PP is good for guys who prefer a bigger city with more restaurants and shops.
Hi Ryan. Great video! Did Jim offer any more information about the insurance that covers $50K while outside the USA? This information would be helpful to us and many of your subscribers. Thanks so much. Keep up the good work!
Some Medicare Advantage and Supplement plans will supposedly reimburse for up to $50,000 for an emergency. But I think there are time limits for being away from the states. And given the distances, don't think Medicare is practical coverage for an expat in Cambodia. In effect, he's self-insured. Nor does Cambodia have a good reputation for healthcare. Probably want to go to Thailand for something major.
Currently, there are about 100,000 Westerners are living in Cambodia 🇰🇭
And it is growing.
Let us hope it does not increase too much or else the living costs will increase to take advantage of it.
Great video ❤ thanks Jim for your information of living in PP. I would like to contact him, but dont know how ?
How lovely it is to see Cambodians thriving.
A huge change from the days of the Khmer Rouge & Pol Pot, I'm quite sure. ;-)
And what a great culture to live in.