The purchase cost when entering a village is not the only significant cost. In addition, residents may not be entitled to any capital gain when they leave.
Glossary: capital gain
The profit you make when you sell an investment for more than you paid for it. If you buy a house for $300,000 and sell it for $320,000, your capital gain is $20,000. A capital loss is when you sell an investment for less than you paid for it.
Before you choose a retirement village, you need to consider the quality of life that it offers. There is a wide range of things you need to think about.