Offer your thoughts or opinion on the input financial query or topic using your financial background.

What are the downsides that prevent more people from working in high-income countries, and then retiring in low-income (and cost of living) ones?
One thing not mentioned is that in so called third world countries, a lot of "stuff" isn't actually less expensive.  Food is almost always less expensive, housing is often less expensive, but cars, fuel, computers, smartphones, electronics, brand name clothing, shoes, cosmetics, tools, art supplies, internet service, bicycles, sporting goods and many other consumer items are typically more expensive.