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- Almost everyone has had dreams of living a
laid-back, stress-free life on a tropical island,
the answer is retire in Thailand retirement ..
One by one, the
Thai islands and mainland coast were discovered for the
tourist and retirement idea not so long ago. That
means there is still lot of the natural
environment left to discover.
You wont descend into
a tropical Disneyland like in many other places
like the Caribbean. Thailand still maintains its original
charm and natural beauty, is quite inexpensive (by
Western standards) and is virtually unspoiled.
Relatively undiscovered, here, you can still find
ocean view lots for affordable prices.
Tropical breezes, cool
drinks, vibrant nightlife, friendly people and a
functioning infrastructure, vibrant music and pretty
positive thinking women opens the mind for Thailand
retirement. There are miles of
pristine beaches, tropical forests
teeming with wildlife and some of the best deep-sea
fishing, scuba diving and snorkeling the world has
to offer. And there is Bangkok,
not only the capital of Thailand, but also one of
the most important city in Asia. One of Asia's best
places for expatriates. Despite being the capital of a developing nation,
Bangkok is a modern cosmopolitan city with
-sometimes not so clean- streets and every modern
convenience to found in New York or London. Compared with other major Asian cities (Tokyo,
Singapore, and Hong Kong, for example), Bangkok is downright
cheap. The cost of 2-bedroom rental apartments begins at
around $300 per month and 3-bedroom houses start
around $500,- the ideal place for Thailand
retirement if you prefer the big city.
Thailand has a vibrant
mix of foreign and native cultures, creating a
veritable melting pot of peoples, traditions and
religions. A sizable enclave of foreigners (German,
French, Italians, Indians, Brits, Americans,
Australians, Canadians etc.) live full time or
maintain holiday homes in Thailand, but naturally
not everybody speaks |
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English. World-class playgrounds like Bali,
Philippines, Hong Kong, Singapore, Kuala Lumpur,
Penang -Malaysia) all are within a few hour's travel
and miles of beaches and numerous coastal islands
add to its tropical appeal.
In general, your hard
earned money has about 3 times the
value in comparison to Europe, USA etc. As a
example, a tasteful Tom Yam Seafood (seafood soup)
with rice and a Coke you get everywhere for under 3
EURO. If you are sick of the laser guns at every road
and all this everyday problems at home , all this
... you are not allowed to do this and that, the
lousy weather, unpleasant people, exorbitant taxes, the
doorman at the restaurant and the disco-- retire to
Thailand, it’s easy going and you feel like to be in
paradise, they also have Mobility Scooters and Electric
Wheelchairs if you are not so mobile anymore. The Thai government has understood this and is offering
special long term retirement visa -no taxes-.
You can easily find a great woman, also when you are
maybe already a little old or maybe handicapped.
Rent or buy a suitable house and have a good time. It’s also quite easy to get domestic staff if
someone is handicapped. A pretty house with two
bedrooms, baths, living rooms, garden etc. not far
from the sea (maybe about 50 Meter) in a orderly
private compound with security, swimming pool and so
on comes to approximately 500 - 1000 EURO per month.
For 100 to 200 thousand EURO you get a spacious
villa near the beach with everything you want. They
have special constructions for ownership of land
since officially a foreigner can’t own land. Leasing of land for e.g. 30 years with a option for
another 30 year is a common possibility and ..
almost for sure within this timeframe they probably
will relax the foreign ownership of land anyway. Have a look at
www.fishermanwayphuket.com - a
waterfront estate - to get a idea.
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What to Expect From
Retiring in Thailand
Thailand is well known
for its fantastic
weather and it is
certainly somewhere that
you should consider if
you want to experience a
warm winter.
Also, one
of the main reasons why
people do choose to
retire to Thailand is
the fact that there is
not as much crime there
as there is in some
Western countries. In
fact Thailand is known
to be one of the safest
countries in the world
and attacks on
foreigners are extremely
seldom and
that allows you to feel
safer than you would in
a country such as the UK
or in the Americas.
If you are on a slight
budget then there will
always be something to
suit your needs in
Thailand. All you have
to do is look away from
the tourist driven
places and you will find
that the prices of
accommodation and living
is a lot lower than it
is in built up areas.
Another positive factor
is the cost of
living in Thailand and
medical care. The
treatments and the
facilities are very up
to date, yet they are
also really inexpensive
too. This means that you
will easily be able to
afford any health care
which you may need and
it is just as good as it
would be back home.
If you are thinking
of retiring to Thailand
then one thing you will
need to think about is
what you would like to
spend your time doing.
There are a number of
activities available to
you and it basically
depends upon how active
you want to be.
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For example you can take
part in scuba diving,
yachting,
sailing etc. or
if you would still like
to feel like you are
working then you can
apply to become a
volunteer teacher. You
can also just relax and
enjoy cultural
activities if you would
prefer.
Overall retiring in
Thailand is definitely
something you should
consider. The cost of
living there is
extremely low and it is
one of the safest places
in the world. With no
cold weather to worry
even in winter, about
what more could you
possibly ask for
retiring in Thailand.?
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Potential retirement
investors who are
currently considering an
overseas property
purchase in Asia,
will probably have
Thailand on their
short-list at the
outset, but upon
looking into it will
find that property
investment in Thailand
is currently a two sided
coin.
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Retire in
Thailand and
drift away into
the islandworld |
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Bangkok |
On the one hand
Bangkok has recently
been listed among the
top twenty tourism
destinations in the
world, which should
make a property
investment there a good
one. Dig a little deeper
however and you find
that capital
appreciation, --
previously strong in
Thailand -- along with
all factors to be
considered before
investing, have been
affected
by the recent political
turmoil. But as a matter of facts political wrangling, military
coups etc. are almost
normal in Thailand and
it wont affect anyone |
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unless you go right into a demonstration or similar. The political wrestling is almost all the time limited to some areas in Bangkok and not really visible elsewhere in Thailand,
its just some kind of
folklore.
The exception is the
Muslim dominated stretch
on the southern Thai
border with Malaysia.
There are clashes
between insurgents and
the Thai people almost
everyday. A specialty of
the Muslim insurgents is to
burn down Buddhist schools,
Buddhist temples and
harm Buddhist monks,
several Monks even have
been killed by the
Moslem insurgents. But
again this turmoil is
limited to the border
area between Thailand
and Malaysia since the
insurgents have their
save backyard in
Malaysia. Never the less
Thailand is still among
the best Asian countries
for foreigners to retire
and invest in, there
is no inheritance tax or
gift tax, capital gains
tax is charged like
income tax at the
standard rate, and
foreigners can own
condominiums freehold.
There are other ways for
foreigners to buy in
Thailand but a
condominium purchase is
the easiest. And even
with the political
turmoil as it is rental
yields are still around
the 8% mark in top
tourist destination,
Bangkok. |
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Another rising star
in Asia's tourism
industry for retire is
the Thai island of Koh
Samui, which has
been largely unaffected
by turmoil on the
mainland, and where
potential investors will
find mostly resort
property. As tourism expands on
the island, and it
begins to attract more
of the high end market,
as oppose to primarily
back-packers, these
resort villa properties
can fetch yields of
10-12% quite easily, and
capital appreciation is
conservatively estimated
at around the 15%-20%
mark. Total transaction
costs are a moderate 10%
- 12.3% in Thailand,
but there is a little
complication over the
computation of buying
costs; specific business
tax and stamp duty are
paid on whatever is
higher, declared or
assessed value -- both
parties must have their
own solicitor.
Overall a Thailand
property investment can
be a very rewarding
endeavor, especially
if you are purchasing a
holiday home with a view
to renting it out when
not in use, Thailand
property investment.
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Koh Samui Beach |
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As the sun goes down and
the temperature drops
just that few degrees
to make me realize
how warm it has been all
day
I sit in my hammock
on my balcony
sipping a tall glass of
freshly squeezed lime
juice over ice with just
a splash of vodka. I look back at the
last few months and
realize I have been
lucky, lucky enough
to chase a dream and
catch it, lucky enough
to realize life in the
rat race can be escaped,
lucky enough to finally
find somewhere
comfortable. I am a recent ex-pat
you see, more
specifically an
Englishman living upon a |
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small tropical island
named Koh Phangan in the
Gulf of Thailand. Until
eight months ago I was
slogging along in a 9-5
job as an IT manager.
Now I am a ‘farang’
living a less
complicated life amongst
the friendly Thai folk.
Thailand is a
surprisingly easy place
to re-locate and retire
too, a yearly
non-immigrant visa can
be obtained from the
Thai Consulate in the
UK, you are required to
leave the county every
thirty days and
re-enter, this is
something we term a
‘visa run’ and consists
of hopping over the
nearest border and back
(Malaysia for me).
A significant amount
of Thai people speak
enough English so
that day to day affairs
are not too much of a
struggle and the
amenities and
infrastructure in
Thailand, even my remote
location, are fairly
good. |

Retire in Thailand at Koh Phangan |
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Day to day living
here moves at a far
different pace to the
western world, never
more evident than when a
Thai person is preparing
food. Nothing is
purchased in advance; a
Thai family buys today
what it will eat today.
A trip to the market is
as much a social affair
as it is a necessity,
often people will linger
at one stall whilst they
strike up a conversation
with a complete
stranger, smiling all
the while. As a long term
holiday destination or a
possible life move
Thailand has much to
offer. A
wonderful climate the
whole year round, good
value for money,
friendly locals and
almost all of the
amenities we have come
to depend upon so much
in the west.
Mac Wheeler
is an
ex-corporate tech guy
who at the age of 40
turned his back on the
rat race and wandered
off to live on the
paradise island of Koh
Phangan in the Gulf of
Thailand. Do yourself something good retire in southern
Thailand.
More on this subject in the e-book. |
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for you |
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The natural extension is
to download our unique e-book on
southern Thailand where you will find much more content and a lot of
exiting full scale pictures. You can have a look on the screen and if
you like you can print all content on any desktop printer, ...more
e-book |
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Retire in Thailand,
retire jobs, retire real
estate,
retired in
Thailand,
retirement in
Thailand, retiring in
Thailand,
taxes in
Thailand,
Thailand Asia,
Thailand travel,
life in Thailand.
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