| The Reasons Why A Lot Of People Are Dreaming | | | | loopholes have been blocked off and at present it is |
| Of Retiring In Thailand | | | | nigh on impossible for a non-Thai to own land in |
| Like a great many husbands of Thai wives, me and | | | | Thailand. |
| my Thai wife are expecting to be retiring in Thailand | | | | So what to do? |
| this year. It is fairly commonplace for 'Farangs' (the | | | | Here are a couple of ideas that could work. |
| Thai name given to western foreigners) married to a | | | | Owning A Share of A Condominium In Thailand |
| Thai National to retire in Thailand, yet furthermore | | | | Under Thai law, specifically the Condominium Act, |
| numerous unmarried people retire in Thailand too. | | | | foreigners (i.e. non Thais) are allowed to own |
| Why do various people retire to Thailand, other than | | | | apartments in Condominiums. That is provided that no |
| to offer their partner a house in their own country? | | | | more than 49 % of the condominium is owned by |
| If you have travelled to Thailand for a vacation, here | | | | foreigners. But the 'alien' is unable to own the land |
| are a few of the reasons that you may well | | | | upon which the condominium sits. |
| associate with desiring to retire to Thailand:- | | | | Though this may appear like a satisfactory solution, |
| 1. Diverse and beautiful scenery with picturesque | | | | there is one caveat that should be applied. Buyer |
| beaches white tropical beaches} | | | | Beware! There are so numerous potholes into which |
| 2. Wonderful and delectable Thai food | | | | the gullible buyer can fall and you are well advised to |
| 3. Year-round warmth and summer blue skies | | | | to check everything very carefully before letting go |
| 4. A cost of living that is a tiny proportion that of the | | | | of any money on buying into a condominium in |
| western nations | | | | Thailand. |
| 5. Not to mention the kindness and joy of the Thai | | | | Purchasing A Property In Thailand In The Name Of A |
| people | | | | Thai Partner |
| Out of all those reasons for people to reflect on | | | | In the case that you are content to let your Thai |
| retiring in Thailand maybe one or two become more | | | | partner procure a home in Thailand with your cash |
| important than the rest. Without doubt it is possible | | | | then it is an added choice accessible to you. Of |
| to retire in Thailand and live a quite comfortable life | | | | course you would only consider this alternative if you |
| on a small income (by Western standards). | | | | thought that you had a strong and long-lasting |
| What Is The Minimum Income Necessary To Retire | | | | relationship. You don't want to be left high and dry |
| In Thailand Contentedly? | | | | and suffer the loss of all your money. |
| I've seen it reported that $700 - about 23,000 Thai | | | | On a more serious note, have you thought what |
| Baht - monthly can offer you a relaxing life in | | | | would happen to your ability to live in the property |
| Thailand. | | | | should your Thai partner pass away? Or, if you then |
| If your age is fifty or more and can demonstrate an | | | | decide to go back to your homeland, how you could |
| income of 65,000 Thai Baht per month then you may | | | | sell the property and send home the funds. This may |
| meet the requirements for a Thai retirement visa. | | | | be a tricky question but could be very important to |
| That is equivalent to in the region of $2,000 per | | | | you in future. |
| month and it drops down to to 1,200 US dollars or | | | | Some Other Things To Think About Before You |
| 40,000 Baht if you are married to a Thai national. | | | | Make The Final Decision To Retire To Thailand |
| 40,000 Thai Baht monthly is a high salary for a Thai | | | | Understanding The Thai Culture |
| National in a responsible job working for Thai Airways. | | | | Should you have been married to a Thai partner for |
| I know because a relative of mine in Bangkok draws | | | | a long time you will have a rather good idea of Thai |
| exactly that. And she has a BSc and an MSc plus | | | | culture and how dissimilar it can be from the western |
| years of experience! With that 40,000 Baht she can | | | | culture. If you do not have this appreciation then it |
| pay off a mortgage on a new house in Bangkok | | | | really is something you should look at carefully before |
| area, repay a loan on a new Japanese automobile | | | | you make a firm decision to retire to Thailand. |
| and then have sufficient remaining for day by day | | | | Further Information On Retiring In Thailand |
| living and holidays. | | | | Of course in this little article I have only been able to |
| As a result if you had that 40,000 Thai Baht per | | | | make you aware of some of the things you need to |
| month without the mortgage and car loans to pay | | | | take into account if you are thinking of a retirement |
| off, I propose that you will be able to live | | | | in Thailand. In other articles and/or on the Retiring In |
| contentedly in retirement in Thailand. | | | | Thailand website I will be writing about other |
| Assuming, naturally, that you owned a place to live in. | | | | subjects like what kind of Visas are available for |
| How To Own Your Own Property In Thailand | | | | Thailand and how to meet the criteria for them, how |
| From here retiring in Thailand becomes a somewhat | | | | to set up a Thai Bank Account, how to purchase a |
| more problematic. Essentially, the Thai law is intended | | | | vehicle in Thailand, the details of land purchase, the |
| to prevent foreigners from owning land in Thailand. | | | | types of house in Thailand and how to build your |
| There have beforehand been various loopholes like | | | | own retirement home, what Internet and cell-phone |
| owing a Thai company and getting the Thai company | | | | services are to be had and so on. |
| own the land. However over the years these | | | | |