That is the view of Real Madrid star Bale’s agent Jonathan Barnett, who insists his client remains happy in Spain.
Spurs have explored the possibility of bringing Bale back to London on more than one occasion but did not make an offer in January.
And with the Welsh wizard’s sky-high wages a stumbling block to any future deal, it is understood Bale is more likely to one day move to China or the MLS.
When asked if Spurs chairman Daniel Levy had approached Real over a January move for his client, Barnett said: “No. He may have visited Madrid, it’s not for me to say whether he did or didn’t.
“Gareth is very happy over there. And let’s be realistic: for most clubs he is out of their league, financially.
“It is all well and good to say, ‘give up that money and go and play somewhere else’, but it is not all about money. It is about his lifestyle and his children, who have grown up in Madrid.”
Bale has two-and-a-half years remaining on his contract and is unlikely to be offered an extension so long as Zinedine Zidane remains in charge.
But asked whether Bale might fancy a return to Spurs when his contract expires, Barnett said: “I don’t think so, no. He’s in a very fortunate position.
“When his contract is up hopefully he will sit down with me and his family and decide what he wants to do.”
Bale was a fan favourite at Spurs before completing an £85m move to Real back in 2013, and has gone on to win the Champions League four times with the club.
But he is currently on the fringes of the fringes of the first team and has been widely mocked by fans for seeming to enjoy his golf more than his football.
Spurs have asked at least twice about bringing him back, with a loan deal mooted, but Bale is understood to believe a return would represent a step down in his career.
He is settled in Spain and would only consider moving for a new challenge as he did when a potential move to China collapsed last summer.