Advice for People Over 50 Wanting to Retire in Thailand

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Jun
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Re: Advice for People Over 50 Wanting to Retire in Thailand

Post by Jun » Tue May 21, 2019 12:23 am

For banking & share trading, I considered both Hong Kong and Singapore, because of the favourable tax regimes & good governance records in both countries.
Then I decided to go for Singapore as it's not subject to increasing control from Beijing. Well, not yet.

I think US citizens need to jump over higher hurdles as the banks are wary of all the US legislation. For the rest of us, it seems easy enough.

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Re: Advice for People Over 50 Wanting to Retire in Thailand

Post by Jogger » Tue May 21, 2019 10:39 am

It is better to live rich than to die rich:

Samuel Johnson.

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Re: Advice for People Over 50 Wanting to Retire in Thailand

Post by werner99 » Tue May 21, 2019 1:39 pm

I am considering retiring to Bangkok, or at least spending a couple months of each year there.

Thanks for the interesting discussion.

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Re: Advice for People Over 50 Wanting to Retire in Thailand

Post by Jun » Tue May 21, 2019 2:54 pm

Jogger wrote:
Tue May 21, 2019 10:39 am
It is better to live rich than to die rich: Samuel Johnson.
That is an enlightened comment, but running out of money would still be a major problem.
Samuel Johnson probably didn't have to think about minimum income requirements for visas or expensive medical treatment.

Also, back here in the UK, the local newspapers carried a story about some 80 year old local guy with medical issues trying to raise £50k to get back to the UK. At the very minimum, it is wise to think about finances just enough to avoid that. And to enjoy some of the fine recreational activities that can be had in Thailand.

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