Chiang Mai, Thailand
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Situated roughly 470
miles northwest of Bangkok in Northern Thailand is Chiang Mai, a province of
nearly 2 million people and a city of about 170,000
people. Expatriate retirees, as well
European businesspeople and students from Europe, Canada and the
United States all call this simple, unpretentious city home and
enjoy the
relatively temperate climate, slow pace and inexpensive
cost of living.
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Chiang Mai dates from 1296 and it is Thailand's second
largest city
Although it is becoming
more modern, it does not possess the hectic pace of
Bangkok and has a certain tranquility. There are
300 Buddhist temples which attract tourists, and this influx of foreigners can help expatriate retirees
adjust more readily to life here since it is possible
to find fellow countrymen if desired. Standard Thai is
the official language, but many Thais speak some English,
and English is spoken in banks, tourist-related businesses,
government offices and health care facilities.
Most expatriate retirees in Chiang Mai lease
condominiums/apartments, most of
which are only available with year-long leases. The majority
of these are studios; larger
accommodations can be found but not always easily.
Rents for studio condos are less than $100 - $150 per month and usually
come with television, a kitchenette and a washer/dryer. More
expensive dwellings are also available. Keep in mind
that foreigners can buy structures, but, with
few exceptions, cannot buy land in Thailand; instead, land can be leased
for 30 years with two pre-paid 30 year extensions for,
effectively, a 90 year lease.
For
those planning to retire in Thailand, a non-immigrant "O"
visa is needed. Applicants must be at least 50 years
old, have a valid passport, a certificate of health (no
communicable diseases) and meet financial requirements.
These requirements are a bank statement showing roughly $27,582
(800,000 THB) and a monthly income of $2,200 (65,000 THB).
This retirement visa takes one to two months to receive, should be
obtained in one's home country and lets one stay in Thailand for a
year.
Chiang Mai is a relatively safe city, for both men and women,
at least when compared to most large U.S. cities. Keep an eye out for are gem scams (foreigners being duped into
buying precious stones which turn out to be glass) and "tuk-tuk"
(three wheeled taxis) drivers charging too much.
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