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Is Thailand a good place to retire to?

Is Thailand a good place to retire to?

Thailand is a magical place for travellers. And, if you are planning to retire, you can certainly do so in style in the Land of Smiles. If you have retirement funds or will get a pension, this tropical country is definitely something to consider living out the rest of your time on Earth.

Can retirees return to Thailand?

You may return on a 60-day tourist visa or you may return on a 30-day visa exemption. If you will be asked by the immigration officer upon returning, you may state that you are going to change into a non-immigrant O visa based on retirement.

Is it better to retire in Thailand or Philippines?

The cost of living in Thailand is low, but it’s lower still in the Philippines. In addition, the Philippines offers the easiest path to permanent residency of any country in the region, and its retiree residency program comes with more benefits than any other country in this part of the world.

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Why do Americans retire in Thailand?

There are lots of reasons why you may want to retire in Thailand. The cost of living is low, as is the cost of healthcare. There is a lot to see and do in the country. You will need to get a retirement visa, which is simple but still requires regular check-ins with immigration.

Can I buy a house in Thailand as a foreigner?

Generally, foreigners are not allowed to directly purchase land in Thailand. It is a commonly unknown fact that although a foreigner cannot own land in Thailand, he can own the house or structure built thereon. One only has to apply for a construction permit to build the house in his own name.

How much money do I need to retire comfortably in Thailand?

The requirement for a retirement visa is 65,000 baht per month (about USD 2,000) or savings of 800,000 baht (USD 25,000) in a Thai bank account. Steven LePoidevin, InternationalLiving.com Thailand Correspondent, says this is a good starting point for a retired couple.