What do I need to know before retiring in Koh Chang?

"Expats considering retirement in Koh Chang, should be aware of several important factors. Firstly, they should understand the visa requirements, which typically involve obtaining a retirement visa that needs to be renewed annually. They should also be aware that Thailand has a high cost of living compared to other Southeast Asian countries, although it is still lower than in many Western countries. Healthcare in Thailand is generally of a high standard, but it is recommended to have comprehensive health insurance. Expats should also be aware that while English is widely spoken in tourist areas, it is less common in rural areas, so learning some basic Thai could be beneficial. Koh Chang has a tropical climate, with a rainy season that lasts from May to October. Expats should be prepared for this, as well as for the high humidity levels. The island is less developed than other parts of Thailand, which can be a draw for some but may mean fewer amenities for others. Expats should also be aware of the cultural differences and local customs. Thai people place a high value on respect and politeness, and it is important to be aware of this in daily interactions. Additionally, the country has strict laws regarding the monarchy, which should be respected at all times. Finally, it's important to note that while Koh Chang is a beautiful and peaceful place, it may not offer the same level of social activities or entertainment as larger cities. Therefore, it's important for expats to consider their lifestyle and what they want from their retirement before making the move," explained one expat living in Koh Chang, Thailand.

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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

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SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.