Archive for May, 2010
Thai Boxing (Muay Thai): Thai Boxing or Muay Thai is becoming remarkably well known around the world, and is a famous stop off for everyone who appreciates it. The two major boxing rings are Ratchadamnoen Stadium on Ratchadamnoen Nok Street and is open Monday and Wednesday at 6 pm Thursday at 5 pm and 9 pm, and Sundays at 4 pm and 8 pm. The other major stadium is Lumpini Stadium on Rama IV Road, and fights are every Tuesday and Friday at 6pm and Saturday at 5 pm. You may need to ask the hotel where you are staying at for tips on the finest seats and even to get the tickets for you.
Retiring in Thailand is becoming more well-known as more people are looking to make their dollars and Euros stretch in their golden years. I wish to spark some ideas in your mind and perhaps you’ll start to regard Thailand as an excellent retirement target for you.
I’m no expert in this area, but I do have truly a bit of information. Though I am quite a not many years before my own retirement (I’m just 43 years old) I have been researching Thailand retirement because I plan on ultimately ending up there. I’ve found there are quite a few things one demands to think about if they want to finally retire and move to Thailand.
Here’s a list of the issues that I’ve come up with regarding making the jump to superannuation in Thailand:
Where will you reside – Depending on your lifestyle and the things you like you have a good assortment of places to retire in Thailand. Those looking for more cosmopolitan excitement will want to opt for Bangkok or Chiang Mai, while those looking for a more laid back lifestyle will be looking more towards the provinces of Thailand or even one of the beach destinations like Phuket or Samui. The nice thing is Thailand provides plenty different options in lifestyle and I’m sure one will fit you.
How much money will you need – If money isn’t a consideration then no demand to worry about this. If however you think you’ll have restricted income during your retirement you’ll doubtlessly want to go for places that are more off the beaten track like the northeast of Thailand (known as Isaan) or some of the more outlying beach locations. Even Chiang Mai can be affordable compared to the U.S. and Europe. Those of you looking to retire to Bangkok should assumably have a bit more retirement earnings since the Big Mango can be quite costly if you want to enjoy it fully.
Issues of Thai visas – The visa issue is a major one since you decidedly want to be lawful while you’re a guest in Thailand. Fortunately for those over 50 the visa issue is absolutely simple. Retirement visas are available and they are both affordable and simple to get. If you’re under 50 it becomes more complicated and you’ll need some cause such as work or family to keep you long period in Thailand.
Arrange for the future – Apparently as you age your demands will change. Inflation will also eat into your superannuation in Thailand just as it would in the west. Health care becomes more consequential as well. Consider your needs 20-30 years from now and have a plan before moving to Thailand.
Assurance – Will your latest assurance cover you overseas? If not then you’ll want to make arrangements. Health care is easily 1/3 the cost in Thailand as it is in the west, anyway it will still be expensive if you have a principal health emergency.
Buying vs renting in Thailand – While renting drains your finances without adding any equity it is still the excellent alternative in Thailand. Owning estate is not a possibility in Thailand (well not easily anyway) so renting is your only option in plenty cases. Are you able to dwell with this or do you want to be able to own your own location be it house or condominium.
While not extensive by any means that’s at least a speedy run down on considerations for retiring to Thailand. There are clearly more things to think about of, but entire in my mind there is no place like Thailand. If you’re looking for adventure and different living in your retirement then I strongly recommend you give Thailand a thought.