As much as you do not want to be thinking about your death, it is strongly recommended for foreigners in Thailand to draft a Thai Last Will and Testament for their assets in the Kingdom. The last thing that you want is to cause additional stress to your family during the period of mourning.
Retirement visa is a “Non-Immigrant OA-Long Stay Visa”. This is a type of visa which would allow a foreigner to stay for long term and retire in Thailand. The visa issued will be good for a year and can be renewed each year without the need of leaving the country. Initially, a 3 months Non Immigrant visa will be granted provided that requirements are met.
Thailand offers many exceptional retirement locations and advantages compared to other countries. It is very easy to fall in love with its environment, culture, people and incredible Thai food. Retirees and for those foreigners leading to its retirement, one should consider not only a selection of dazzling coastal locations but also the city of Bangkok, which earns one of the top ranking in tourism and lifestyle surveys through being a remarkably live-able city.
Phuket with is palm trees, white sands and fantastic scenery with clear blue water makes for one of the best retirement locations in Thailand. Its tropical vegetation and all year sunshine makes it an excellent place to spend your retirement at. Unlike other property locations in Thailand Phuket offers many visitors, expats and investors with some of the best property developments available in Thailand. Buying a villa in Phuket or investing in a condo is usually one of the best investment you could make.