Thailand
To live comfortably in the popular tourist destination of Thailand requires an annual retirement income of about $24 000. Rentals will set you back about $1 000 a month and you can count on this amount being relatively static throughout the country. Thailand has surprisingly modern towns and cities, all of which could be a retirement mecca. Again, no need to concern yourself if, in the event, you require good healthcare, as this country offers excellent care.
Thailand
Climate wise, you will feel as if you are still in the USA and the overall crime rate is low. On retiring here, a yearly visa is required as well as confirmation that you can deposit 800 000 Baht at a Thai bank. A visit to the Thai immigration department every 3 months is a requirement you must adhere to.
Italy
Italy is well known as the land of great cuisine, unsurpassed cultural icons, and fantastic weather. Less known is that Italy is a mecca for people looking to retire comfortably, due to the great cost-effectiveness that a move to this great city brings. Rentals are around $600 a month and for a mere $32 000 the potential retiree can buy a property to make their home for the rest of their lives. It gets better, as the cost of eating out at the promenade along the beaches of the Puglia is so low that fresh seafood will probably become your favorite staple cuisine very quickly.
Italy
You will not require a specific visa so apply for an elective residency visa. Again, you will need to provide the Italian government with financial statements to prove your retirement income and that you have a rental agreement in place upfront. After you have been granted residency, you will need to join a health-care plan which will set you back around $400 a month, but you will be able to access the excellent Italian healthcare system which is a huge perk for retirees.
