Graham Smith, Wendy Khan, John Khan and Felicity Smith (left to right) love living in Pattaya
” Where should I retire?” “Is Thailand a good place to retire?” This is the question we get asked a lot by our readers and congratulations to the Royal Kingdom! Thailand has once been named in the top 10 retirement places in the world and number 2 in Asia. According to International Living, an organization that helps people to look for retirement and relocation opportunities, Thailand has been given this fine accolade. Sneaking into #9, pushing evergreen retirement favourite Spain into tenth place.
Thailand is only the second Asian country, after Malaysia to make the top 10 list. Malaysia, Thailand’s neighbor makes the top 10 again coming in at an enviable #5. The list is part of an annual report by International Living magazine and names Panama at the top of the list. Malaysia came in fifth place but Thailand sneaked into the Top 10 at Number 9, pushing evergreen retirement favorite, Spain, into tenth place.
Nestled between Myanmar, Laos, and Cambodia, Thailand enjoys the warm-water coastlines of both the Andaman Sea and the Gulf of Thailand. This is a country that has never been colonized by any Western or European countries, so Thai culture is untouched, rich, and ancient. What’s more, it’s ideal for expat living.
The list considers factors such as culture, weather, living conditions and country’s happiness index. There were lots of options in the countries named in the top ten for living in coastal as well as mountain areas. Reasonable rents and the choice of living both the high life and a more modest existence were other main factors.
For Thailand, the reports lists the many choices for retirees on both the Gulf and Andaman coasts, ease of travel to bordering nations as well as the interesting culture.
Chief of the Tourism Authority of Thailand Yutthasak Supphasorn says it is a deserved award pointing to all the reasons Thailand is wonderful for those in retirement.
“It is great news. Really there are many provinces where retirees decide to settle in Thailand”.
He pointed to Chiang Mai, Nakorn Panom and Nong Khai in particular where the attraction of wonderful nature, the quiet surroundings and the possibility of economical living all made for fantastic retirement opportunities.
Check out the full list here and a first-had account by a group of English retirees who moved to Thailand in 2001 after selling their house in England.
Thailand is truly one of the greatest places to retire in the world. The requirement for a retirement visa is 65,000 baht per month (about $2,000) or savings of 800,000 baht ($25,000) in a Thai bank account.