Retire in Myanmar
Last updated on Feb 07, 2024
Summary: Retirees are often attracted to Myanmar for its rich culture, diverse landscapes, and friendly people. The country is known for its stunning temples, beautiful beaches, and lush jungles. Additionally, the cost of living in Myanmar is relatively low, making it an attractive destination for retirees. The weather in Myanmar is generally hot and humid, with temperatures ranging from the mid-60s to the mid-90s Fahrenheit throughout the year.
What is it like to retire in Myanmar?
"Life for a retiree in Myanmar and its surroundings can be quite enjoyable. There is an active expat community, with many retirees from around the world living in the country. There are plenty of cultural attractions to explore, such as the ancient temples and pagodas, as well as the bustling markets and vibrant street life. For recreation, there are plenty of outdoor activities to enjoy, such as trekking, bird watching, and exploring the many national parks. There is also a vibrant nightlife, with plenty of bars, restaurants, and clubs to explore," said one retiree in Myanmar.
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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. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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What are the most challenging aspects of retiring in Myanmar?
"One of the most challenging aspects of retiring in Myanmar is the lack of access to modern healthcare facilities and services. Additionally, the cost of living in Myanmar is relatively high, making it difficult for retirees to maintain a comfortable lifestyle. Furthermore, the country's infrastructure is still developing, making it difficult to access reliable transportation and communication services. Finally, the language barrier can be a challenge for retirees who are not familiar with the local language," explained one retiree living in Myanmar.
What are the most rewarding aspects of retiring in Myanmar?
"One of the most rewarding aspects of retiring in Myanmar is the opportunity to experience the country's rich culture and history. From the ancient temples of Bagan to the bustling markets of Yangon, there is something for everyone to explore. Additionally, the cost of living in Myanmar is relatively low, making it an attractive option for retirees looking to stretch their savings. The country also offers a wide range of outdoor activities, from trekking in the mountains to exploring the beaches of the Bay of Bengal. Finally, the people of Myanmar are known for their hospitality and friendliness, making it a great place to make new friends and enjoy a relaxed lifestyle," explained one retiree living in Myanmar.
What are healthcare services like in Myanmar?
We asked retirees if they have access to good medical care in Myanmar. They wrote:
"Healthcare services in Myanmar are generally limited and of low quality. Access to healthcare is often difficult for many people, particularly those living in rural areas. The country has a shortage of qualified medical personnel, and the majority of healthcare facilities are poorly equipped and lack basic medical supplies. In addition, the cost of healthcare is often prohibitively expensive for many people, making it difficult for them to access the care they need. Despite these challenges, the government is making efforts to improve healthcare services in the country, including increasing access to healthcare and improving the quality of care," remarked one retiree in Myanmar.
How do I meet people in Myanmar?
When we asked people living in Myanmar about club and activities where newcomers can meet others, they responded:
"Expats in Myanmar often join clubs and activities such as language classes, sports teams, and cultural events. Expats can also meet people by attending networking events, joining online forums, or attending social gatherings hosted by local organizations. Additionally, many expats find it helpful to join local volunteer groups or participate in community service projects, as this is a great way to meet people and learn more about the culture," explained a retiree in Myanmar.
What is life like in Myanmar?
When we asked people living in Myanmar what life is like and how people spend their time, they said:
"Life for expats and digital nomads in Myanmar can be both exciting and challenging. The country is full of culture and history, and the people are friendly and welcoming. Expats and digital nomads can find a variety of activities to do, from exploring the ancient temples and pagodas to visiting the bustling markets and sampling the delicious local cuisine. The cost of living is relatively low, making it an attractive destination for those looking to stretch their budget. However, the infrastructure is still developing, and the internet can be unreliable at times. Additionally, the language barrier can be a challenge for those who don't speak Burmese. Despite these challenges, expats and digital nomads can find a vibrant and welcoming community in Myanmar," said a retiree who moved to Myanmar.
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. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
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. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
What do I need to know before retiring in Myanmar?
When we asked people what advice they would give someone preparing to move to Myanmar, they said:
"Before retiring in Myanmar, expats should be aware of the country's visa requirements. Expats should also research the cost of living in Myanmar, as well as the availability of healthcare and other services. Additionally, expats should familiarize themselves with the local culture and customs, as well as the language. It is also important to research the safety and security situation in Myanmar, as well as the availability of banking and financial services. Finally, expats should consider the climate and weather in Myanmar, as well as the availability of recreational activities," explained a retiree in Myanmar.
What type of recreational activities are there in Myanmar?
"In Myanmar, residents enjoy a variety of recreational facilities, such as parks, beaches, and sports complexes. Parks are a popular destination for locals, offering a variety of activities such as walking, jogging, and picnicking. Beaches are also a popular destination, with many offering swimming, snorkeling, and other water activities. Sports complexes are also available, offering a variety of activities such as basketball, tennis, and badminton. Additionally, there are a number of golf courses, as well as a variety of other outdoor activities, such as hiking, camping, and bird watching," remarked one retiree in Myanmar.
Where will I buy groceries and do other shopping in Myanmar?
"People living in Myanmar typically buy groceries and do other shopping at local markets, roadside stalls, and small shops. Supermarkets and department stores are also becoming increasingly popular in larger cities. Shopping malls are also becoming more common in urban areas, offering a wide variety of goods and services. Additionally, online shopping is becoming increasingly popular in Myanmar, with many online stores offering a wide range of products," said one retiree in living in Myanmar.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
Other Questions:
- How do I meet people in Myanmar?
- What is life like as an expat in your area?
- Is there a lot of crime in Myanmar?
- What do I need to know before retiring in Myanmar?
- Is there a lot of diversity? Are people in Myanmar accepting of differences?
- What are the schools in Myanmar like?
- Is the cost of living in Myanmar high?
- What advice do you have for expats having a baby in Myanmar?
- What are healthcare services like in Myanmar?
- Is the cost of living in Myanmar high?
- What type of recreational facilities are in Myanmar?
- What is the weather like in Myanmar?
- Are there good restaurants in Myanmar?
- Where will I buy groceries and do other shopping in Myanmar?
- What are the visa & residency requirements in Myanmar?
- Are healthcare and health insurance expensive in Myanmar?
- What do I need to know when buying property in Myanmar?
- Are foreigners allowed to own property in Myanmar?
- What appliances are typically included in a rental?