Thailand is ranked 9th in the world for expat retiree affordability in the Annual Global Retirement Index.
The International Living website’s experts prepared a list of the “10 Cheapest Places to Live After Retiring” for 2023, which was released this week. It outlines the top retirement destinations in terms of excellent quality of life and affordable cost of living.
Portugal tops the list due to the strength of its currency and the simplicity with which a long-term visa may be obtained. Mexico is ranked second, followed by Panama, Ecuador, Costa Rica, Spain, Greece, and France, with Thailand tied for ninth with Italy.
According to International Living, the list is not just for seniors, but for anybody looking for a better and more economical living, or simply to get away from the hustle and bustle, violence, politics, and divisions of their native country.
The list for 2023 focuses on factors such as living costs, climate, visas, housing, and healthcare.
Thailand’s balmy, sun-drenched atmosphere, according to International Living writer Rachel Devlin, making it an appealing destination for retirees.
She also stated that Thailand “appeals to individuals with a great sense of adventure and an eye for natural and cultural beauty,” and that the kingdom maintains a distinct way of life as the only country in Southeast Asia that has avoided annexation.
According to Devlin, an expat couple may live well in Thailand for as low as $1,596 (53,963 baht) each month.