Thailand has been named one of the world’s best destinations for retirement in 2015. This report cites several reasons such as ease of buying and renting properties, a cost of living, fitting in, entertainment and amenities, affordable and world-class health care, infrastructure, and climate. Thais have an accepting nature and being hospitable comes naturally to them too. Known as a welcoming country for retirees, Thailand issues retirement visa but does not stipulate an annual minimum stay. Retirees are eligible for visas at the relatively young age of 50. They only need to offer proof of income which currently starts at around 65,000 Baht (around US$2,100) a month.
If you’ve decided to retire in Thailand, the next step is to find the perfect spot to settle down. Here’s a rundown of the country’s popular expat retirement areas and what to expect from these places.
Bangkok : The capital city.
Thailand’s capital city offers more than what it is famous for; gleaming skyscrapers, luxury hotels, world-class cuisine, mega shopping centers and amazing social scene. This modern and cosmopolitan city can also be affordable and has since attracted a number of expats. Bangkok is also home to many private hospitals and top doctors which offer high-quality medical care. The city has a multi-cultural vibe. For a dollar, you can have one of the best bowls of noodles on a street-food stall or spend a hundred dollar for a five-star meal. The options are unlimited, your budget can be in a different range and you’ll still get what you want. Many of Bangkok’s expat choose to live in the city center because of the easy access to public transportation and the choice of the some of the best accommodation they can find. There are also suburbs that offer a slower pace of life but within easy access to downtown Bangkok. Thailand is also very accessible to different countries around Southeast Asia, Vietnam is only an hour away flight. Thailand has a law against foreigners purchasing land and homes, so condominiums are a popular choice of accommodation for expats and retirees. A modern two bedroom/two bathroom condo in the heart of the city can be rented for as low as $1,300 a month. If you go to the suburbs, a three bedroom/two bathroom house with easy access to shopping centers and schools goes for at least $1,000 a month. Modern, convenient and affordable, Bangkok is where you want to continue living.
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