Ageing is an inevitable part of our life cycle. And as you reach your golden years, planning for retirement becomes increasingly important. If you have set your sights on spending your retirement in Thailand, understanding the cost of a retirement home should be a priority. The beauty of Thailand extends beyond gorgeous landscapes and rich culture; it also offers a range of high-quality elderly care options.

 

Below, we’ve broken down the various costs associated with your potential future home – retirement

 

Why choose to retire in Thailand?

 

PHOTO: By gpointstudio via Freepik

Choosing to retire in Thailand is a decision favoured by many retirees around the world, and it’s easy to see why. For many, the low cost of living is a clear draw. Your money will go much further in Thailand compared to other (Western) countries such as the US and UK, allowing for a more comfortable lifestyle.

 

Combined with a high quality of life illuminated by friendly locals and pleasant weather, it becomes the more attractive option. The welcoming environment is such that you can live comfortably even without being fluent in the local language, although basic Thai can certainly enhance the experience.

Healthcare, an important consideration for anyone retiring, in Thailand is highly regarded worldwide. Receiving top-notch medical treatment at a cost significantly lower than in your home country makes it an appealing prospect. 

 

There’s also a myriad of retirement homes spread across the country, providing you with a choice of locations. Whether it’s the bustling streets of Bangkok or the tranquil shores of Phuket, you have the freedom to choose a retirement home that best suits your needs and preferences. These retirement homes also have a team of English-speaking staff ready to ensure your stay is comfortable and hassle-free.

 

In essence, the warmth and simplicity of Thailand’s charm, notably decent healthcare, more affordable living costs, and the friendliness of its people make it a first-class retirement destination. Here, you’re not just retiring; you’re embracing a lifestyle that is better for your health, wallet, and spirit.

 

by Thaiger 

TOP PHOTO: By Lifestylememory via Freepik

 

Full story: https://thethaiger.com/guides/retire-in-thailand/how-much-does-a-retirement-home-cost-in-thailand

 

-- © Copyright Thaiger 2023-08-14

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

Is the top photo the care home owners...?

 

Laughing all the way to the bank....

 

$$$$$$$$$.

Health care for Farangs? What a heap of BS I get it free in my country, who writes that nonsense?

How long is a piece of string?

Just now, pomchop said:

How long is a piece of string?

How much do you pay for health insurance in Thailand if you are over 75 please tell me 

To save you time scrolling through the original article, the answer to the question "how much" is 70 to 150,000 baht.

 

Incidentally, the last I heard it's not free in the UK if you have substantial assets; in particular, a home with equity.

 

 

I know many that getting health insurance at a certain age is almost impossible. Other than that I wouldn't be anywhere else. Love it here. Going back to the UK last year for a few weeks after 10 years I definitely made the right choice to live here. 

How much does a Retirement Home cost in Thailand?

 

IMO anyone that buys a home to retire in in LOS is barking, but if they want to buy a place they may come to dislike and can't sell, up to them.

 

Plenty of rentals at cheaper rates than they would pay back home.

Who wrote this absolute drivil? 

Tranquil shores of Phuket- are we on the same planet here?

Friendly natives...yep, there are some but generally not.

Super medical care? It's pot luck if you get proper treatment and NO legal comeback.

Ask hop-along-cassidy who had one leg shorter that his other after treatment here. 

Crazy stupid nonsense of an article.

 

This is just a big BS ????

7 minutes ago, harleyclarkey said:

Who wrote this absolute drivil? 

Tranquil shores of Phuket- are we on the same planet here?

Friendly natives...yep, there are some but generally not.

Super medical care? It's pot luck if you get proper treatment and NO legal comeback.

Ask hop-along-cassidy who had one leg shorter that his other after treatment here. 

Crazy stupid nonsense of an article.

 

Phuket has quiet beaches. Most Thais are more friendly than farangs. Medical care is good. Dentists are cheap. Glasses are cheap.

Rentals are cheap.

 

Hard to believe you have been to Thailand.

It depends on how much your wife costs.  Isn't that the beauty of Filial piety is that Thai people take care of elders? ????

 

2 hours ago, still kicking said:

Health care for Farangs? What a heap of BS I get it free in my country, who writes that nonsense?

Average cost of care home in UK is 760 pounds or 1485 Australian  dollars per week. Don't expect a lot for that unless your prepared to pay for a much better class of retirement/nursing home

You need to spend nearly all your savings before any help is provided Anything over 23k and you will need to contribute 

Edited August 13, 20232 yr by Dene16

47 minutes ago, thaibeachlovers said:

How much does a Retirement Home cost in Thailand?

 

IMO anyone that buys a home to retire in in LOS is barking, but if they want to buy a place they may come to dislike and can't sell, up to them.

 

Plenty of rentals at cheaper rates than they would pay back home.

I agree. Rent 8k to 12k. Get bored with city move.

 

 

2 hours ago, still kicking said:

Health care for Farangs? What a heap of BS I get it free in my country, who writes that nonsense?

The article is about care homes, not health care! Have you ever looked into the cost of care homes in your (precious) home country?

2 hours ago, still kicking said:

How much do you pay for health insurance in Thailand if you are over 75 please tell me 

a LOT

Presumably they are not worrying about the visa rules changing after they sold up to move here.

A completely irrelevant article. It omits to mention the obligatory yearly trek to Immigration for a retirement extension, which can be withheld at any time if the IO is having a bad day.

4 hours ago, webfact said:

The beauty of Thailand extends beyond gorgeous landscapes and rich culture

In my opinion, 99% of retirees here are older men,  that in itself speaks volumes to me

1 hour ago, thaibeachlovers said:

How much does a Retirement Home cost in Thailand?

 

IMO anyone that buys a home to retire in in LOS is barking, but if they want to buy a place they may come to dislike and can't sell, up to them.

 

Plenty of rentals at cheaper rates than they would pay back home.

A retirement home is not a house that you buy, it is a structure where you pay some form of rent to have a room for yourself, meals, medical assistance and socializing with similar folks.

35 minutes ago, Lacessit said:

A completely irrelevant article. It omits to mention the obligatory yearly trek to Immigration for a retirement extension, which can be withheld at any time if the IO is having a bad day.

From the full article:

 

'Luckily, however, many retirement homes that serve expats have dedicated in-house staff to take care of your Thai retirement visa. They can handle tasks like this 90-day check-in. Thus, ensuring you keep your visa active and you comply with all the necessary requirements'.

 

Try reading the full article before making derogatory comments.

Edited August 13, 20232 yr by Moonlover

1 hour ago, harleyclarkey said:

Who wrote this absolute drivil? 

Tranquil shores of Phuket- are we on the same planet here?

Friendly natives...yep, there are some but generally not.

Super medical care? It's pot luck if you get proper treatment and NO legal comeback.

Ask hop-along-cassidy who had one leg shorter that his other after treatment here. 

Crazy stupid nonsense of an article.

 

 

1 hour ago, bignok said:

Phuket has quiet beaches. Most Thais are more friendly than farangs. Medical care is good. Dentists are cheap. Glasses are cheap.

Rentals are cheap.

 

Hard to believe you have been to Thailand.

I did not read the article, only your comment harley, and I disagree. I do agree with bignok on this one.

In CM "natives" are super friendly to me, with some rare exceptions which is normal. Medical care, which unfortunately I have needed a lot and for which fortunately I have a good insurance allowing me to use private hospitals, is top level and much cheaper/efficient than back home. The case of the shorter leg, if you read in full the story, is not something to accept word for word and in any case they saved his life which was already a feat.

 

11 minutes ago, Moonlover said:

From the full article:

 

'Luckily, however, many retirement homes that serve expats have dedicated in-house staff to take care of your Thai retirement visa. They can handle tasks like this 90-day check-in. Thus, ensuring you keep your visa active and you comply with all the necessary requirements'.

 

Try reading the full article before making derogatory comments.

I did read the full article, which covers both retirement homes, and retirement outside said homes in Thailand. I was referring to the latter.

There are no free lunches. Such a service would be added to the bill.

AFAIK no foreigner is excused from attending Immigration in person for retirement extensions.

I understand there is a retirement facility off the 118 north of Chiang Mai, 90,000 baht/month. Beyond the financial reach of most retirees.

Edited August 13, 20232 yr by Lacessit

'Assisted living' is the term often used in the US.

 

My brother for a while sold long-term care insurance at a Prudential broker. He said that most of the people who bought such insurance had a relative or close friend who should have had such insurance, but didn't.

Edited August 13, 20232 yr by jerrymahoney

3 hours ago, still kicking said:

Health care for Farangs? What a heap of BS I get it free in my country, who writes that nonsense?

Im from NZ its free there too, free to be on a waiting list for months or years.. better pay in Thailand than die waiting in nz or uk

Haha, sorry, but this is a real crappy article. A balloon filled with hot air.

15 minutes ago, Lacessit said:

AFAIK no foreigner is excused from attending Immigration in person for retirement extensions.

And you are not correct about that either! Read the 2nd page of a TM7

 

'APPLICANT MUST SUBMIT THE APPLICATION IN PERSON WITH THE EXCEPTIONS OF HANDICAPPED PATIENTS OR PERSONS WITH DISABILITIES'

 

Thanks for Ad

If you're reading this propaganda piece on AseanNow....then you can't afford a place in one of these homes....prices for an apartment for a couple...a modest apartment, very expensive.

These facilities do come on the market occasionally, and usually sold out within days, and often associated with a major hospital.

Edited August 14, 20232 yr by ChrisY1

2 hours ago, thaibeachlovers said:

How much does a Retirement Home cost in Thailand?

51% of the price yet you only own 49% of the property + you could lose it all at the whim of a Thai court.  Not a good deal for pensioners.