Saturday, 22 September 2018

Relocating as saving option

As i read about some people struggling with the new achieved financial independence (really people, it this a real thing?), i decided to have some test runs, and to live for 10 days in two of the countries i was considering for retirement (this being Morocco and Italy - Sicily). I went to Morocco as i always wanted to see how it is to live in a hot country (as opposed to the rainy and windy Britain). And boy, how i could be wrong, as i am not prepared to live in a hot, tropical country yet. Test success achieved, and some lessons were learned. The second choice was Sicily, as the climate is more friendly, the food is awesome and i could use the full immersion in the Sicilian culture to speak my long forgotten Italian. This time was pleasant enough, and the results were positive, but i'm afraid that i could become bored over time if i lack a clear objective and some activity schedule. But that being said, one can be bored easily everywhere in the world, right. Sicily good points where 3-500 euro monthly rent for a nice flat or small house (why would you need more), food cost was 10-20% less than England if you cook, with 30-50 % less in restaurant if you don't - but still more expensive than the cooking option), the heat combined with a Mediterranean diet is keeping you from gaining weight, and you have seaside swimming ready nearly 6 months per year.

But this came with a cost - £1000 for Morocco and £820 for Sicily, both 10 days for 2 people. And included plenty of trips and exploring. In conclusion, now i need to build my cash reserves back, with should be not so hard as my next holiday is scheduled in May 2019.

Have a nice day!
G.