If you are considering retirement in another country, choose Thailand. Indeed, many Americans are choosing to move to Thailand once they are done with work. There are many reasons for this including the reduced cost of living, the destination, and the availability of great retirement visas in Thailand. Here are just a few of the reasons that so many Americans are choosing Thailand as their retirement destination.
Retirement Visas in Thailand
Once you reach 50 years of age, you can apply for a retirement visa in Thailand. This is great news for anyone that wants to retire early. As an American, you can apply for a retirement visa that will then need to be renewed annually. The good news is you do not need to leave the country to do so. You will need to open a bank account in Thailand to show that you have enough funds for your time there. Fortunately, you only need to show you will earn just over $2,000 a month or have over $25,400 in your account for the year.
A Lower Cost of Living
The average price of living in Thailand is much less than that of the U.S. Renting an apartment or even purchasing one is, on average, much less expensive than in America and the destinations in which you can purchase or rent property are much more varied. In Thailand, you can choose to live in some fabulous destinations close to nearby holiday destinations, meaning you have everything on your doorstep to enjoy retirement to the max. The Laguna resort in Phuket is a great retirement destination, for more information on properties worth investing in, check out the apartments in Phuket for sale.
For those who like warm weather, Thailand is a great destination for Americans looking to top up their tan during retirement. Thailand is rather warm compared to America, and it may take some time to get used to the humid weather. Luckily for those who are retiring and do not have to work in the heat, it is much easier to enjoy. If you are looking for tropical beaches and the chance to soak up some well-earned sun, Thailand is the place to be.
A Great Destination for Traveling
It is not just the youngsters that go traveling; more and more people are retiring and then going to see the world. Thailand is a great destination to travel to and it also links to many other fabulous travel locations too. If you want to experience Thailand and all it has to offer, you are never too old to go traveling and have some fun! If traveling was something you always wanted to do, it has never been easier than right now.
There is so much more that brings so many retiring Americans to Thailand, such as the amazing food and the fact that many of the locals in Thailand speak English, meaning there is no need to learn a new language. If you are looking to retire soon, Thailand could be the perfect destination for you.