{"id":21528,"date":"2018-09-17T12:00:14","date_gmt":"2018-09-17T16:00:14","guid":{"rendered":"http:\/\/www.escapeartist.com\/?p=21528"},"modified":"2021-03-02T12:54:51","modified_gmt":"2021-03-02T17:54:51","slug":"retiring-in-thailand-in-2018","status":"publish","type":"post","link":"https:\/\/www.escapeartist.com\/blog\/retiring-in-thailand\/","title":{"rendered":"Retiring in Thailand"},"content":{"rendered":"

Retiring in Thailand<\/strong><\/h2>\n

Retiring in Thailand<\/a> has never looked more appealing. The country is made up of pristine beaches, an exotic tropical climate, and a strong culture that features some of the best food in the world. Even better, the cost of living helps pensions go a long way, and the expat community is thriving there. <\/span><\/p>\n

Exotic Asian countries such as Thailand<\/a> have a lot to offer those looking for a new home in which to spend their retirement. Thailand itself has most of the features travellers are looking for, along with a very popular airport, making it a hub for travel to most other areas of the world. Here are a few things you should know about retiring in Thailand.<\/span><\/p>\n

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How to Make it Happen<\/strong><\/h2>\n

In order to be approved for a retirement visa in this country, you have to prove that you bring in a consistent income of at least 65,000 Thai baht (THB) per month. That equates to about $2,000 USD. Alternatively, you could show that you have 800,000 THB saved up in a Thai bank account. Provide proof of these funds along with a valid passport to the Thai consulate to obtain a non-immigrant visa.<\/span><\/p>\n

Upon receiving this visa, you can apply for the one-year retirement visa, for which you must be 50 or older to apply. You\u2019ll need an extension of stay notice and re-entry permit so that you can come and go as you please, and finally you\u2019ll need to check in every 90 days with the Immigration Police to verify your address.<\/span><\/p>\n

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Cost of Living<\/strong><\/h2>\n

With the Thai currency\u2019s exchange rate as it is, the American dollar can be stretched much further in Thailand than it can be in many other countries. Thailand does, however, have more expensive neighbourhoods catered to the expat community. It all depends on where you choose to live. If you choose Bangkok and\/or its surrounding areas, it\u2019s safe to say these are the types of prices you can expect:<\/span><\/p>\n