Thailand
has been chosen by many foreigners to be the destination of their retirement.
When asked why they have chosen the place, expats have varying reasons. If you
are in your retirement age or nearing that age and you are looking for the best
retirement haven, it is such a great idea taking into considerations the things
that Thailand can offer you.
Foremost reason why you should choose
Thailand is because this is a place of extremely cordial people. This place is
being regarded as The Land of Smiles as the people are truly genuinely friendly
and very helpful. You can experience this ambience the moment you set your foot
in this place as everyone is willing to assist a foreigner or just a lost
traveler. You need not even be bothered by the language barrier. This people
have learned English as most schools included this in their curricula. It is
not even required that you should learn their own language, as most of the
signs around are both in English and Thai.
Many westerners also decide to stay in
this place during retirement because of the ease in securing a retirement visa.
In order for you to be qualified and be issued Thailand retirement visa, you need
to be at least 50 years of age. Aside from this, you should be able to exhibit
to them through evidence that you have a source of income that can support you
financially while you are living in this kingdom. This requirement is necessary
because the government does not allow foreigners to be employed while they are
holding the Thailand
retirement visa.
The best evidence of your income that
they accept is a deposit of at least 800,000 Thai baht that will be
approximately 27,000 US dollars. This should also be deposited in a Thai bank
and should sit there for at least 3 months. If a foreigner cannot have all this
money in the bank, he must submit document evidencing that the combination of
his monthly pension and savings will equal to the 800,000 Thai baht
requirement. Other reportorial requirements include your passport which should
still be valid for a year, a police clearance from your own home country and a
medical check up result for AIDS.
The cost of living in Thailand
is another luring factor which represents good value for your money. Thailand market
has an abundant supply of basic food necessities at their most fair price.
Renting an apartment also comes with a very reasonable price. You can even own
a condo at the best locations without your pocket getting hurt.
In this place also, having your own
personal vehicle is not a problem either. Should you decide to use public
transportations, the same is very convenient and inexpensive. There are
numerous air-conditioned buses and expanded light trails and subways that can
take your anywhere in the city. If you are a holder of a retirement visaThailand, you will also be eligible to benefit from their very affordable
health care system. They pride in having the best international hospitals
across the globe. Thailand
is the home of the Bumrungrad
Hospital which was rated
by the Newsweek Magazine as one of the best medical destinations.
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