BBC says Thailand among the best countries for retirement abroad


BANGKOK – The BBC reports that Thailand is among the best countries for retirement.

A travel article written by the BBC’s Rob Budden revealed that Thailand, known as the “Land of Smiles,” is a good country for retirement due to its low cost of living, tropical climate, culture of respecting their elders, and the lack of tax on retiree income from abroad.

Thailand’s retirement visa is also available to all retirees with monthly pensions of 65,000 baht per month, or a pension deposit of 800,000 baht in a Thai bank account.

Meanwhile, the UK Foreign and Commonwealth Office recommends that retirees pay for Thai health insurance, given that the country’s private healthcare is on par with western standards.