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Expat Exchange - Retire in Gold Coast Guide 2024
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Retire in Gold Coast Guide

By Betsy Burlingame

SJB Global
SJB Global

Summary: If Gold Coast is on your retirement radar, our detailed Retire in Gold Coast Guide is your go-to resource. Delve into the crucial aspects of life here, including living costs, climate, housing options, healthcare services, and residency procedures. We also explore the city's social dynamics, volunteering scenes, transportation, and how walkable its neighborhoods are.

Retiring in Gold Coast is a dream for many international retirees. The city offers a unique blend of stunning natural beauty, a vibrant cultural scene, and a high standard of living. However, like any other place, retiring in Gold Coast comes with its own set of challenges and opportunities. This article will delve into the various aspects of retiring in Gold Coast, from the cost of living to the healthcare system, and everything in between.

Living Expenses in the Gold Coast

The cost of living in Gold Coast is relatively high compared to other Australian cities. However, it is still more affordable than major cities like Sydney and Melbourne. Housing is the biggest expense, with the median house price in Gold Coast being around $650,000. Groceries, utilities, and transportation costs are also slightly higher than the national average. However, retirees can take advantage of various discounts and concessions offered by the government and local businesses.

Gold Coast Weather

Gold Coast boasts a subtropical climate with warm, sunny weather throughout the year. Summers can be hot and humid, while winters are mild and dry. The city receives ample rainfall, especially during the summer months. This pleasant climate makes Gold Coast an ideal place for outdoor activities and water sports.

Healthcare Facilities

Gold Coast is home to some of the best healthcare facilities in Australia. The city has several world-class hospitals, including the Gold Coast University Hospital and the Robina Hospital. There are also numerous clinics and medical centres scattered throughout the city, ensuring that healthcare is easily accessible to all residents.

Public Healthcare System

International retirees in Gold Coast can access Australia's public healthcare system, known as Medicare. However, eligibility depends on the retiree's country of origin and their visa status. Even if they are eligible, many retirees opt for private health insurance to cover additional services not included in Medicare.

Residency Options

There are several visa options available for retirees wishing to settle in Gold Coast. The most common is the Investor Retirement visa, which allows retirees to live in Australia for up to four years. There is also the Parent visa, which allows parents of Australian citizens or permanent residents to live in Australia.

Recreational Activities and Parks

Gold Coast is known for its beautiful beaches, national parks, and recreational facilities. The city offers a wide range of activities for retirees, from golfing and fishing to hiking and bird watching. Some of the popular parks in the city include the Burleigh Heads National Park and the Springbrook National Park.

Local Cuisine and Restaurants

Gold Coast offers a diverse culinary scene, with restaurants serving cuisines from around the world. Some popular local eateries include the Fish House, a seafood restaurant in Burleigh Heads, and the Social Eating House, a modern Australian restaurant in Broadbeach. For those on a budget, there are plenty of affordable dining options as well.

Language Learning Opportunities

While English is the primary language spoken in Gold Coast, there are several language schools in the city that offer courses in other languages. The Gold Coast Language Schools, for instance, offers courses in Spanish, French, Italian, and more.

Local Culture and Markets

Gold Coast locals are known for their friendly and laid-back attitude. The city has a vibrant cultural scene, with numerous festivals, art galleries, and live music events throughout the year. The local markets, such as the Miami Marketta and the Surfers Paradise Beachfront Markets, are great places to shop for local produce, handmade crafts, and unique souvenirs.

Meeting People and Volunteering

There are numerous clubs and organizations in Gold Coast that cater to retirees. These include the Gold Coast Seniors Tennis Club and the Gold Coast Bridge Club. Volunteering is another great way to meet people and give back to the community. Organizations like Volunteering Gold Coast offer a wide range of opportunities for retirees.

Housing Options

Most retirees in Gold Coast live in detached houses or apartments. The city offers a wide range of housing options, from luxury beachfront properties to affordable retirement villages. Some popular neighborhoods for retirees include Broadbeach, Mermaid Beach, and Robina.

Transportation

Gold Coast has a well-developed public transportation system, including buses, trams, and trains. The city is also very walkable, with plenty of pedestrian-friendly paths and trails. While having a car can be convenient, it is not a necessity for living in Gold Coast.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.


SJB Global
SJB Global

SJB Global
SJB Global

SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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