According to the annual Global Retirement Index, Thailand ranks ninth in the world as the most affordable place to live for expatriate retirees.
The 2023 “10 Cheapest Places to Live in Retirement” list was compiled by experts on the International Living website and published this week. It details the best places to retire in terms of quality of life and low cost of living.
Portugal tops the list thanks to its weak currency and ease of obtaining long-term visas. Second place is Mexico, followed by Panama, Ecuador, Costa Rica, Spain, Greece and France, while Thailand shares her ninth spot with Italy.
According to International Living, the list isn’t just for retirees, it’s for those seeking a better and more affordable life, or those who want to escape the hustle and bustle, violence, politics and division of their home country.
The 2023 list focuses on aspects such as cost of living, climate, visas, housing and medical care.
International Living correspondent Rachel Devlin explains that Thailand’s warm, sunny climate makes it an attractive destination for retirees.
She also said that Thailand “is appealing to people with a keen sense of adventure and an eye for the beauty of nature and culture”, adding that the kingdom has a unique lifestyle as the only country in Southeast Asia to avoid colonization. He added that he holds
As for the cost of living, Devlin said a foreign couple can comfortably live on just US$1,596 (53,963 baht) per month. (bullet train)