Thailand named best place for retirement

Thailand named best place for retirement

Thailand has been listed as the best place for retirement by the 2011 HSBC Expat Explorer survey.

82% of those surveyed said that it was a great place for retirement compared with 78% of those who had relocated to France and 62% of those who had made the move to Spain.

Thailand rated highly with expats for the ease with which they were able to integrate into the community, establish a local support network and maintain a positive life/work balance.

And buying a property in Thailand could also be a positive move for your career with 78% of those who had relocated to the country reporting an increase in salary,compared to a global average of 71%.

The poll discovered that quality of life is the most important consideration for those retiring abroad, with 83% citing this as the main reason when deciding on location. 62% of expats surveyed listed the weather as their main reason for moving, while 27% were relocating because of friends and family who had already made the leap.

The survey also found that almost half, 47%, of expats aged over 55 are planning to retire in the country that they currently live in and only one fifth, 19%, plan to return to their home country.

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Author

A Place In The Sun