US institutions in talks on development investment in Indonesia
The United States’ International Development Finance Corporation (IDFC) has sent a letter to the government of Indonesia to provide more details on its plan to finance development projects in the country. Established in late 2019, the IDFC finances development projects in lower and middle-income countries. IDFC CEO Adam Boehler said in the letter dated July 31 that the agency was currently in talks with the US National Security Council (NSC). The council would lead the interagency coordination in the US … Continue reading →
What Is The Cost Of Living In Indonesia?
With its archipelago of over 17,000 islands and a coastal scenery that’s nothing short of riveting, it’s no wonder Indonesia has become the home to so many foreigners. The cost of living in Indonesia is also one of the lowest in southeast Asia, but it does boast some of the most expensive hotels worldwide. Hence, living there can definitely take a toll on your pocket if you don’t watch your spending. If you have money saved up from living and … Continue reading →
Find The Top Retirement Cities In Indonesia
For a retiree, Indonesia seems to have it all and more. Not only is the cost of living less, you can enjoy every type of experience and environment imaginable, from the sprawling urban landscape of the capital city of Jakarta to the white sand beaches of Bali to jungles teeming with exotic flora and fauna. And talk about pampering: Retiree visas require expatriates to hire domestic help, which is plentiful and inexpensive compared to cooks and housekeepers in the U.S. … Continue reading →
7 Best Retirement Locations in Indonesia and The Cost of Property
Retirement does not only mean the point where a person stops working. The meaning of the word ‘retirement’ may vary for each person. However, retirement is often seen as a final goal where one can live happily without having to worry about anything. That said, retirement needs a lot of planning and preparations, especially for those who aim for overseas retirement. Cityscapes may be the main reason for most people, however it is also better to know more about the … Continue reading →
Paradise Meets Affordability in the Enchanted Land of Indonesia
In Indonesia, we recommend you consider the small tropical island of Bali as a place to call home. Bali, dubbed the “Enchanted Land,” packs in everything you expect of paradise, from coral reefs to the jungle-clad slopes of mighty mountains complete with tribes of naughty monkeys. Here, amid the most gracious and hospitable of peoples, you can live for as little as US$1,000 a month. One of the most popular areas that foreigners choose to live is Sanur, which is … Continue reading →
Retirement Lessons To Teach Your Children
Many individuals are finding that they must postpone their retirement target dates or cancel retirement because they are not financially ready for it. If you find yourself in such a predicament, you may find solutions to this dilemma if you look carefully. If not, you’ve at least learned a valuable lesson – one that you can and should pass on to your children. Let’s look at some of the sometimes-harsh lessons the current generation of retirees and pre-retirees has to … Continue reading →
Leaving Inheritance To Children Easier Said Than Done
Deciding whether to leave an inheritance for your children impacts the amount you save, the retirement plans you choose and how you take qualified retirement plan distributions. However, beyond your desire to leave some wealth to your children (or not), there are some essential personal financial issues to consider. Consider Your Own Income Needs Some retirees mistakenly give their retirement savings away without considering their own income needs. Before you make gifts to others, it’s important to assess how much … Continue reading →