Taiwan’s relationship with China is problematic, as the latter refuses to acknowledge the former’s independence since 1950.
This Asian country is famous for its hi-tech industry, there is a lot of nature to explore there as well. It is places like Taiwan’s lush forests, canyons and beaches that earned the country its reputation as “Ilha Formosa” – the beautiful island.
Local purchasing power is 18.57% higher
Rent is 85.2% cheaper
Groceries are 27.11% cheaper
Local goods and services are 38.62% cheaper
Sri Lanka
Every surfer's dream, Sri Lanka has some of the best beaches in the world. This stunning island is located in the Indian Ocean, in the south of India, and houses no less than eight UNESCO World Heritage Sites.
With its tropical climate, Sri Lanka has vast rainforests with unique wildlife to explore. The nation's population of 21.4 million has known war and hardships, but it's happy to host tourists and newcomers and show them around its beautiful home.
Local purchasing power is 69.72% lower
Rent is 91.26% cheaper
Groceries are 63.21% cheaper
Local goods and services are 66.53% cheaper
Armenia
Another former member of the Soviet Union is Armenia, which became independent in 1991. This Euro-Asian country is located in the south of the Caucasus Mountains, which mark the land border between Europe and Asia.
There are nearly 3 million people residing in Armenia. Officially, their language is Armenian, but some minority communities speak Russian, Greek, Assyrian, and Yazidi Kurdish.
Local purchasing power is 67.12% lower
Rent is 90.09% cheaper
Groceries are 73.17% cheaper
Local goods and services are 66.13% cheaper
Syria
Syria really is cheap to live in, but it is a package deal. Along with cheap prices, this deal contains the outcomes of a brutal civil war. Many survivors of that war are now taking refuge in other countries.
Once this Middle Eastern nation gains its strength, those who visit it could enjoy the Mediterranean beaches and mountains. It would be wise to learn some key words in Arabic prior to your stay there, as it is Syria's official language.
Local purchasing power is 85.92% lower
Rent is 94.02% cheaper
Groceries are 73.28% cheaper
Local goods and services are 71.69% cheaper
Bolivia
Bolivia has pretty much any kind of terrain you can imagine. From mountains to rainforests, from desert to tropical climate, it's all there. Spending a day exploring colorful markets and then another day exploring the Amazon rainforest is right within your reach.
This country's multi-ethnic population counts about 11.6 million people. Their official language is Spanish, but some indigenous communities speak less familiar languages, such as Guarani or Quechua.
Local purchasing power is 53.26% lower
Rent is 88.93% cheaper
Groceries are 67.87% cheaper
Local goods and services are 61.35% cheaper