Don’t Let Currency Concerns Keep You From Europe
We often get questions from readers about currency risk when moving overseas… Concerns about currency exchange...
Read moreKathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.
Vientiane feels like little more than a large town. With a population of about 740,000, there are no skyscrapers here, no malls or hustle and bustle… But, there are outstandingly beautiful Buddhist temples, lively markets, museums, and a fine assortment of local and international cuisines.
There’s also a scattering of older French-colonial buildings still standing, a reminder of a time not so long ago when Laos was a French colony. For those looking for a truly rewarding and unique retirement, Vientiane and its surroundings have a lot to offer.
Nestled in the nearby mountains, beautiful waterfalls, venerable temples, exotic wildlife, and remote hill-tribe villages await those who have come to Laos with the luxury of time to explore the less-traveled reaches of this area.
Although Vientiane has perked up a bit in the past few years, businesses still shut down around mid-day, when the city closes her eyes for a few hours. This is not to say that Laotians are lazy – they’re not. In other words, they are a practical people with a different set of priorities than their more “industrious” neighbors.
Kindness is more important than competition; fun more important than finance; harmony more important than willfulness. Also, life moves with the rhythm of the day and the seasons rather than the rigid strictures of the business cycle.
To settle down in Vientiane for an extended stay will cost $1,065 per month in basic expenses for a retired couple. So, we assume you’ll stay in a serviced apartment or guest house and eat virtually all your meals out, except breakfast which is often included in the room rate.
We advise that foreigners refrain from buying real property in Vientiane, given the communist government and related lack of respect for private property. Because of potential problems in renewing a visa for longer term, we recommend serviced apartments or guest houses to start your stay.
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Expense | Monthly Cost | Notes |
---|---|---|
Rent | $550 | Downtown Vientiane , within a k.m. of the fountain |
Transportation | $100 | Local buses or taxis around town |
Electricity | Included in room rate | |
Telephone | $15 | Cell phone, depending on use |
Internet | Public internet cafes or included in room rate | |
Cable TV | Included in room rate | |
Household Help, fulltime | $0 | Serviced room |
Food | $50 | |
Entertainment | $350 | Includes meals away from home |
TOTAL | $1,095 |
Click here for currency conversion at today’s exchange rate.
We often get questions from readers about currency risk when moving overseas… Concerns about currency exchange...
Read moreWe often get questions from readers about currency risk when moving overseas… Concerns about currency exchange fluctuations are valid, especially...
Read moreWe often get questions from readers about currency risk when moving overseas… Concerns about currency exchange fluctuations are valid, especially...
Read moreTourist-friendly Thailand (a top destination for expats) is famous for vibrant cities like Bangkok and idyllic islands like Koh Tao. Sharing a similar culture, climate, and cuisine is a country you may not have even heard of: Laos. Overlooked by tourists, Thailand's next-door neighbor has a laid-back, traditional vibe and an abundance of natural beauty. Short-term visitors find Thailand and Laos fairly similar. Having lived in both countries, I'm well-versed on their many differences. Before you make a long-term move...
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