Why Retire in Thailand
Thailand is consistently ranked as one of the best countries to retire in due to a variety of reasons. The country’s beautiful destinations such as Koh Samui, Phuket, and Pattaya offer retirees a mix of tranquil beachside living and modern amenities. Here are some top reasons why retiring in Thailand is an excellent idea:
1. Low Cost of Living
Your money goes further in Thailand as the cost of living is approximately 40-50% cheaper than western countries. A couple can enjoy a western standard of living on a budget of $1,800-$2,500 a month, which includes rent, groceries, dining out, medical bills, utilities, spa treatments, and entertainment.
2. Warm Climate Year-Round
Thailand has a warm and tropical climate all year round, allowing retirees to enjoy the great outdoors more often. The country’s natural beauty, including picturesque beaches, breathtaking islands, lush jungle-covered mountains, and gushing waterfalls, is unmatched.
3. Low Housing Costs
Housing in Thailand, whether purchasing or renting, is much more affordable than other countries. Rental prices for 1-bedroom condo units in Koh Samui and Phuket range from only $150-$1000, depending on accessibility and lifestyle needs. A 2-bedroom pool villa on either island costs approximately $270,000, depending on the location and features.
4. Large Expatriate Community
Thailand is home to a large expatriate community, and both Koh Samui and Phuket are frequently listed as top destinations for retirement. Retirees can easily bond with other expats through various events and activities, such as golf, sailing, hiking, and island-hopping.
5. Affordable Healthcare
Healthcare in Thailand is affordable and of high quality. Private hospitals in Phuket and Koh Samui are popular choices among retirees and expats, with doctors and specialists trained in the West and fluent in English.
6. Activities & Excursions
There’s so much to see and experience in Thailand, right from visiting important ancient monuments, and discovering the best views, to island-hopping, and exploring endless gorgeous beaches.
Sporting activities within expat groups in both Phuket and Koh Samui are prolific, including golfing, cycling, tennis, fishing, football, yoga, snorkeling, scuba diving, and sailing. Others enjoy creative arts, learning a language, socializing with tourists from around the world – some volunteer with foundations that support local villages and wildlife conservation.
7. Delicious Local Cuisine
Thai cuisine is delicious and varied, with options ranging from local street food to world-class Michelin fine dining. Phuket is recognized as a Creative City of Gastronomy by UNESCO, and Koh Samui has a vast selection of cuisine and restaurants to choose from.
In conclusion
It’s no surprise that many retirees and expats have chosen to spend their golden years in Thailand. The idyllic beach destinations, affordable cost of living, and range of recreational options provide retirees with plenty of opportunities for adventure and fun-filled days. Investing in a property in Thailand is also a popular choice for those looking for a forever home.
Thank you for reading!
The BAYSTE Team
