Retire in Mongolia
Last updated on Jul 15, 2023
Summary: Retirees are often attracted to Mongolia for its stunning natural beauty, vibrant culture, and unique nomadic lifestyle. Mongolia is known for its vast open steppes, rolling hills, and snow-capped mountains, making it an ideal destination for outdoor enthusiasts. The country also offers a variety of cultural attractions, such as traditional festivals, ancient monasteries, and nomadic settlements. The weather in Mongolia is generally cold, with temperatures ranging from -40°F in the winter to 86°F in the summer.
What is it like to retire in Mongolia?
"Life for a retiree in Mongolia and its surroundings can be quite enjoyable. There is an active expat community in the area, with many retirees taking part in cultural activities such as visiting local museums and attending traditional festivals. There are also plenty of recreational activities to enjoy, such as hiking, biking, and horseback riding. For those looking for a more active nightlife, there are plenty of bars and restaurants to explore, as well as live music venues and nightclubs," explained one retiree living in Mongolia.
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What are the most challenging aspects of retiring in Mongolia?
"One of the most challenging aspects of retiring in Mongolia is the lack of a comprehensive social security system. Retirement benefits are limited and there is no pension system in place. Additionally, the cost of living in Mongolia is relatively high, making it difficult for retirees to make ends meet. Furthermore, the country's infrastructure is not well-developed, making it difficult to access basic services such as healthcare and transportation. Finally, the language barrier can be a challenge for retirees who are not fluent in Mongolian," explained a retiree in Mongolia.
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What are the most rewarding aspects of retiring in Mongolia?
"One of the most rewarding aspects of retiring in Mongolia is the opportunity to experience the country's unique culture and traditions. From the nomadic lifestyle of the Mongolian people to the stunning landscapes of the Gobi Desert, there is much to explore and appreciate. Retirees can also take advantage of the country's low cost of living, allowing them to stretch their retirement savings further. Additionally, Mongolia is home to a wide variety of outdoor activities, from hiking and horseback riding to fishing and bird watching, making it an ideal destination for retirees looking to stay active and enjoy the great outdoors," explained a retiree in Mongolia.
What are healthcare services like in Mongolia?
We asked retirees if they have access to good medical care in Mongolia. They wrote:
"Mongolia has a public healthcare system that provides basic medical services to its citizens. The country has a network of hospitals, clinics, and health centers that provide primary care services such as immunizations, maternal and child health care, and preventive health services. In addition, there are specialized hospitals and clinics that provide specialized care for more serious medical conditions. The government also provides financial assistance to those who cannot afford medical care. In recent years, Mongolia has seen an increase in the number of private healthcare providers, offering a wider range of services," remarked one retiree in Mongolia.
How do I meet people in Mongolia?
When we asked people living in Mongolia about club and activities where newcomers can meet others, they responded:
"Expats in Mongolia often join clubs and activities such as hiking, biking, and running groups, as well as language exchange groups and book clubs. Expats also meet people through their work, by attending local events, and by joining social media groups. Additionally, many expats join local sports teams or take classes at the local university. Finally, expats often meet people through mutual friends or by attending social gatherings hosted by other expats," said one retiree in Mongolia.
What is life like in Mongolia?
When we asked people living in Mongolia what life is like and how people spend their time, they said:
"Life for expats and digital nomads in Mongolia can be both exciting and challenging. The country is full of natural beauty and cultural attractions, making it an ideal destination for those looking to explore and experience a different way of life. Expats and digital nomads can find a variety of accommodation options, from traditional Mongolian gers to modern apartments in the city. The cost of living is relatively low, making it an attractive option for those looking to stretch their budget. The country is also home to a vibrant expat community, providing a great opportunity to meet new people and make friends. Despite the challenges of living in a foreign country, expats and digital nomads in Mongolia can find a rewarding and fulfilling experience," said one retiree in Mongolia.
What do I need to know before retiring in Mongolia?
When we asked people what advice they would give someone preparing to move to Mongolia, they said:
"Expats considering retiring in Mongolia should be aware that the country has a harsh climate, with temperatures ranging from -40°C in the winter to +40°C in the summer. It is important to be prepared for the cold weather and to have the necessary clothing and supplies. Expats should also be aware that Mongolia is a cash-based society, and it is important to have access to cash when needed. Additionally, expats should research the healthcare system in Mongolia and make sure they have access to quality medical care. Finally, expats should be aware of the language barrier and consider taking language classes to help them communicate with locals," remarked one retiree in Mongolia.
What type of recreational activities are there in Mongolia?
"Mongolia offers a variety of recreational facilities for its residents to enjoy. Popular outdoor activities include hiking, camping, and horseback riding in the vast Mongolian countryside. For those looking for a more urban experience, there are plenty of parks, gardens, and playgrounds in the cities. Other recreational activities include swimming, fishing, and ice skating. Cultural activities such as traditional Mongolian music and dance performances are also popular. Additionally, there are many museums, galleries, and libraries for those interested in learning more about the country's history and culture," said one person who retired in Mongolia.
Where will I buy groceries and do other shopping in Mongolia?
"People living in Mongolia typically buy groceries and do other shopping at local markets, supermarkets, and convenience stores. Many people also shop online for items such as clothing, electronics, and other goods. Additionally, there are a variety of specialty stores that offer traditional Mongolian items such as handmade crafts, traditional clothing, and food items," remarked one retiree in Mongolia.
About the Author
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.
Other Questions:
- How do I meet people in Mongolia?
- What is life like as an expat in your area?
- Is there a lot of crime in Mongolia?
- What do I need to know before retiring in Mongolia?
- Is there a lot of diversity? Are people in Mongolia accepting of differences?
- What are the schools in Mongolia like?
- Is the cost of living in Mongolia high?
- What advice do you have for expats having a baby in Mongolia?
- What are healthcare services like in Mongolia?
- Is the cost of living in Mongolia high?
- What type of recreational facilities are in Mongolia?
- What is the weather like in Mongolia?
- Are there good restaurants in Mongolia?
- Where will I buy groceries and do other shopping in Mongolia?
- What are the visa & residency requirements in Mongolia?
- Are healthcare and health insurance expensive in Mongolia?
- What do I need to know when buying property in Mongolia?
- Are foreigners allowed to own property in Mongolia?
- What appliances are typically included in a rental?