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How many foreigners retire in Thailand?
Thailand issued almost 80,000 retirement visas in 2018, an increase of 30\% from 2014, with Britons accounting for the bulk. Research by Kasikornthai Bank estimated that in 2016, there were 68,300 foreigners over 50 years old holding long-stay visas, a 9\% increase over the preceding two years.
How much do I need to retire 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.
What are the challenges of retiring in Thailand?
One challenge, though, for the foreign retiree, can be culture shock. No question, Thailand is an exotic option. Thais take for granted behaviors that would take you and me by surprise… and Thais say and do things that you and I would never say and do. It’s much easier to navigate all this if you’re prepared for what to expect.
Is Thailand becoming a retiree Paradise?
PATTAYA, Thailand — From the mountains of Chiang Mai to the beaches of Phuket, Thailand has long been a draw for foreign retirees wishing to spend their golden years in tropical bliss. But for the many who have enjoyed paradise on the cheap, their dreams are ebbing away as the country opens up to a wealthier class of retirees.
How much money do you need to retire in Thailand?
The financial squeeze comes amid changes to visa rules for retirees. As of February last year, foreigners must have a security deposit of 800,000 baht ($25,364) in a Thai bank account for two months prior to application or a monthly income of 65,000 baht; or a combination of the two totaling 800,000 baht.
Is Thailand the world’s best place to age with dignity?
Yet amid this turmoil, the country has been unflinching in its bid to capitalize on the world’s aging populations, promoting Thailand, with its sunny weather and affordable health care, as a place to age with dignity. Thailand issued almost 80,000 retirement visas in 2018, an increase of 30\% from 2014, with Britons accounting for the bulk.
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