People choose to retire in Thailand for various reasons. The weather, health care, cost of living, geographic location, good food and relative ease of obtaining a retirement visa. Here are some perks of retiring in Thailand:

At what age can I move to Thailand on a retirement visa?

The minimum age requirement is only 50. Many foreigners still have a good 10-20 years of work ahead at the age of 50. Some by choice and some by necessity, giving them time to continue building a nest egg while living in an ideal place.

Can I still get my foreign retirement or pension plan in Thailand?

The short answer is yes. Most foreign retirement plans or pension plans do not kick in until an individual has reached that country’s minimum retirement age, usually somewhere in the mid-60s. Retirees should research the tax implications of withdrawals and the remittance fee and possible tax implications of receiving foreign funds in Thailand.

Is it expensive to retire in Thailand?

With it’s low cost of healthcare, low cost of living relative to western countries, and high quality of life (Thailand is regularly ranked as one of the best places to retire in the world), Thailand is an ideal place to retire for those with the means and desire to do so. Healthcare is very affordable, which is why Thailand is one of the top destinations in the world for medical tourism. Renting a condo or a house is a fraction of the cost of renting in most major international cities, like Singapore, Hong Kong, Los Angeles, New York, Paris, or London. Groceries are very cheap as is eating out at Thai restaurants. Hiring help for household chores is also very affordable. It is common to have a maid who helps with cleaning, cooking, laundry and ironing.

While no place is perfect, Thailand ticks many boxes when it comes to retiring in comfort without breaking your retirement budget.

For help planning your Thailand retirement visa, contact us:

Phone: +66 2 651 5449
LINE: @visathai
Email: info@visathai.com