Jump to content
BANGKOK
webfact

Retirement in Thailand… Too naive?

Recommended Posts

Retirement in Thailand… Too naive?

By The Phuket News

 

1571402940_1-org.jpg

Will the mandatory health insurance for all foreigners staying in Thailand on the Non-Immigrant O-A ‘retirement visa’ coming into effect on Oct 31 leave elderly expats in Thailand with nothing to look forward to? Photo: The Phuket News

 

The mandatory health insurance requirement for all foreigners staying in Thailand on the Non-Immigrant O-A “retirement visa” will come into effect on Oct 31. The move to force all elderly expats staying in country to take out health insurance at exorbitant rates will have a dramatic, if not damning, impact on thousands of lives. Here is a letter sent to The Phuket News from a Swedish expat who has been living in Phuket for the past nine years. The letter draws a harrowing, poignant image of the bleak future that awaits many such expats once the mandatory health insurance requirement kicks in.

 

With my friend, the ambassador, I enjoyed talking about our many visits to Thailand and the work with economists associated with trade unions during the past 35 years and many Thai leaders from different walks of life I had the opportunity to greet, namely at conferences.

 

That exchange inspired the decision at the age of 75 to move to Phuket nine years ago. My wife and I brought, as many others have done, most of our home, including our furniture, a multitude of books and a piano plus smaller things of importance to our lives.


Read more at https://www.thephuketnews.com/retirement-in-thailand…-too-naive-73292.php#WXY5yXRiM8q44647.99 

 

tphuketnews_logo.jpg

-- © Copyright Phuket News 2019-10-21

Share this post


Link to post
Share on other sites
15 minutes ago, beachproperty said:

Does an additional 400,000 baht to the already 800,000 in the bank....qualify so no need for insurance?

No.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...