SF Commercial Property Conversations
Business:Investing
In this episode of "SF Commercial Property Conversations with Bruce Bean," we journey to Bali with Neill Kramer, who shares his unique experience of retiring in paradise. Neill, a former Bay Area tech entrepreneur, discusses how he transitioned from Silicon Valley startups to a tranquil life in Bali, where he has successfully built affordable properties and a new life.
Neill reveals how his passion for architecture and cost-effective building techniques led him to construct homes and even a hotel in Bali at a fraction of what it would cost in the U.S. He compares the $45-$55 per square foot construction costs in Bali to the skyrocketing $700 per square foot in California, offering insights into why building and retiring abroad can be an attractive option.
Throughout the conversation, Neill emphasizes the importance of having a purpose in retirement, the realities of living in a tropical paradise, and how to navigate the challenges of healthcare and legal residency as an expatriate. He also highlights the potential for building a new lifestyle in Bali, whether through real estate investment or simply enjoying a serene retirement.
For those intrigued by the idea of retiring in a tropical paradise or exploring affordable property development, this episode offers practical advice and inspiring insights from someone who has made it a reality.
Guest Information: Neill Kramer is the founder of the "Retire in Bali" Facebook group and author of a monthly newsletter on financial independence and senior living in Bali.
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