Retire

Getting a retirement Visa Thailand

How to get a Retirement Visa in Thailand

How to get a Retirement Visa in Thailand 538 218 cmbadmin

Thai Visa: How to Retire in Thailand

Chiang Mai, Thailand has for many years been one of the world’s top locations for Expats around the world to look at for retirement living.  The cost of living here is one of the cheapest in the world (great if you are surviving on a pension) – yet this modern northern city also provides all the benefits and luxuries you will find at home.  Chiang Mai is an exciting and vibrant city that you come to live the rest of your life, filling it with as much excitement and adventure, or opportunities to relax and enjoy as you choose.

Click here to get an idea of how far your dollar will go in Chiang Mai

Click here for information on other types of Visas (Not Retirement)

Get a Thai Visa or Work Permit

How to get a Retirement Visa to retire and live in Thailand

Obtaining a retirement Visa to come and live in Chiang Mai (or anywhere in Thailand) is still a pretty cheap and easy experience.  You can apply both within Thailand (changing your tourist Visa after deciding Chiang Mai is the place for you) or apply before you come from your home country.

In a NutshellIn a Nutshell to qualify for a Retirement Visa

50 years of age
Passport with 18 months left before expiring
Proof of Funds 800,000 Baht or US$ 25,000 or
Proof of income 60,000 a month or US$2,000
Fee 1900 Baht

N.B. It is often easier to get your Visa from your home countries consulate

 

Lets now look at some of the detailed requirements and process to apply for your Retirement Visa. At the beginning it can look like quite a bit of documentation, but as you go through the list and select which options apply for you, it will become less confusing.

Update:  Immigration Meeting at the Chiang Mai Expats Club
On 22 October, 2014 senior members of the Chiang Mai Immigration Department spoke at the monthly meeting of the Chiang Mai Expats Club (CEC) at Le Meridian Hotel. The Immigration officials developed a thorough presentation of the regulations concerning retirement visas and extensions, re-entry permits, 90-day reports, workload at the local office and other matters of interest to CEC members.

Video Topic Time Selection

0.00-7.00 Introduction  |  7.00-13.30 Retirement Visa  |  13.30- 17.15 Dependents (Spouse)  |  17.15-20.05 Change of Status  |  20.05-21.35 Re-Entry Permits  |  21.35-29.45 90 Day Reporting  |  29.35-35.30 Applying for an O Visa  |  35.30-fin  Immigration Work load


Video Via Chiang Mai Expats Club

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Retirement Visa

Requirements for a Non Immigrant Visa ‘O-A” (Retirement)

  • Must be 50 years of age or over.
  • Passport (must have at least 1 year (18 months preferred) remaining until it expires
  • Holder of this type of visa is allowed to stay in Thailand for 1 year.
  • Holding the nationality or permanent residence of country of application
  • Proof of Financial requirement
  • Letter from Bank showing proof of deposits
  • Employment of any kind is strictly prohibited (including volunteer work).

Eligibility for Retirement Visa

  • Applicant must be aged 50 years and over (on the day of submitting application).
  • Applicant not prohibited from entering the Kingdom as provided by the Immigration Act B.E. 2522 (1979).
  • Having no criminal record in Thailand or in the country of his/her nationality, or the country of his/her residence.
  • Not having prohibitive diseases ( Leprosy, Tuberculosis, drug addiction, Elephantiasis, third phase of Syphilis) as indicated in the Ministerial Regulation No 14  B.E. 2535.
  • You must have at least 18 months validity on your current Passport

Documents Required for your 1st Visa

If applying from outside Thailand you may need 4 copies.  If applying from inside Thailand you may only need 1 or 2 copies

A – Application For VISA form TM 7   (Original + 4 copies)

B – Photo’s – (Passport-type photo, 2” x 2”, color, front-view, taken within 6 months, and write your name and last name on the back of each photo). They never check the photo for signature, but it is the law.

C – Copies of your  Passport (every page)  Sign every page

D – Copies of Personal Data Form – Click Here to Download Form

E – Copies of  Bank statement.    Deposit verification letter from your bank (if already here) stating the balance of your savings account (800,000 Baht). Normal cost about 100 to 200 baht.  This letter must not be older than 7 days.
OR
A Notarized Affidavit of Income from your Embassy,  with a monthly salary of no less than 65,000 Baht (US cost  ($50)  US Form download form.  This form can not be older than 6 months
OR
Combination of Bank Account and Income over 12 months = 800,000 Baht
OR
If you are married to a Thai National you need an Income Certificate with a monthly salary of no less than 40,000 Baht.  A Thai Bank account showing a reasonable amount is also required.

If you are applying using 800,000 Baht+ to meet financial resources:

a. First (Initial) Application – Needs to show funds have been on deposit at least 2 months before applying.
b. Subsequent (renewal) Application – Needs to show funds have been on deposit for at least 3 months before applying.

F – 4 copies of Police Clearance (Must be notarized) Stating the applicant has no criminal record (issued by the authority concerned of his/her nationality or residence. The verification must be no older than 3 months.  This Police Clearance applies only when applying from outside of Thailand and is not required when applying from here

G – 4 copies of a Medical Certificate.   When Issued from the country where the application is submitted, showing no prohibitive diseases as indicated in the Ministerial Regulation No. 14 (B.E. 2535) (Leprosy, Tuberculosis [T.B], Elephantiasis, Drug addiction, Alcoholism, 3rd step of syphilis) with the name and address of the doctor. (the certificate must be valid no more than 3
months)

NOTE:
1) Medical Certificate – This is not required if the VISA is applied for or accomplished inside Thailand

2) If you are applying for your first retirement VISA in Thailand, you will first be issued an “O” VISA.  Then you return to immigration 3 months later, with the same paperwork, to get an “OA” VISA

3) The marriage certificate must be presented as evidence if the applicant wishes to have his/ her spouse stay together in the Kingdom. But if his /her spouse is not qualified for the retirement VISA the spouse will be considered for the Non-Immigrant Visa Type “O” or Temporary Resident

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Re-Entry Permits (Single 1000 Baht, Multiply 3800 Baht)

When you arrive in Thailand your Retirement Visa is good for one year (requiring 90 day reporting). Often you might want to use Thailand as your base and travel to other parts of Asia, or be able to return home in case of emergencies or special events.  Leaving the country without obtaining a re-entry permit will make your Visa void, and you will have to apply again.

You can apply for a re-entry permit (single or multiply) when you apply for your retirement Visa, or during your stay here in Thailand.

Documents Required for Re-Entry Permit to Thailand

  • Form TM8
  • First page of  Passport showing picture
  • Passport page showing latest VISA stamp
  • Passport page showing expiration date of passport
  • Copy of Arrival Card (your passport may have the Departure Card)
  • 1 photo – Passport-type photo, 2” x 2”, color, front-view, taken within 6 months, and write your name and last name on the back of each photo

NOTE:  A Multiple Entry Permit is only good until the expiration date of your current VISA.  There is not much point purchasing a multiply re-entry permit for example if you only have a few months left on your current retirement Visa and you intend to be out of the country for longer than a month.

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Now you are in Thailand, what are your Visa Obligations?

90 day Reporting

Every 90 days you will be required to check in with Immigration for your 90 day reporting.  This is essentially letting the Thai government (via Immigration Office) that you are still residing in Thailand.  If you would like go to immigration in person you can read about how to do this here

thumbs upChiang Mai Buddy Advantage
We can process and submit your 90 Day reporting for you, have us at Chiang Mai Buddy head down to Immigration at 6am line up for you and submit your documents.  Then just pop into the Office the next day and pick up your Passport. The process is a 5 minute trip to our office.  Fee is 500 Baht.

 

In a NutshellIn a Nutshell doing a 90 day reporting check in

Form TM47
First page of  Passport showing picture
Passport page showing latest VISA stamp
Passport page showing expiration date of passport (If different from 1st page)
Copy of Arrival Card (your passport may have the Departure Card)
Proof of address (Ex: copy of Rental Agreement).  Only if your last 90 day reporting was not at Chiang Mai Immigration

 

N.B Fines for not Filing a 90 Day Report (TM47)

As per the Immigration website

The notification of staying in the Kingdom over 90 days is in no way equivalent to a VISA extension. If a foreigner staying in the kingdom over 90 days without notifying the Immigration Bureau or notifying

  • The fine for not checking in on time is 2000 baht plus 200 baht per day.
  • If a foreigner who did not make the  notification of staying over 90 days is arrested, he will be fined 4,000 baht
  • If a foreigner leaves the country and re-enters, the day count starts at 1 in every case.

For details contact 0-2285-5142, 0-2287-3101-10 ext.2262, 2263

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Extending your Retirement Visa after 1 year (1900 Baht)

Once you are here in Chiang Mai, you are going to want to stay here or at the very least spend part of your year here (maybe during the winter in your own country).  Since you already have your first retirement visa, this process is called a Visa Extensions, and follows much the same procedure as you did when originally applying (only easier)

  • If you want to extend your Visa for another year, he or she must submit a request for an extension of stay at the Office of the Immigration Bureau.
  • You must do so before the expiration date on your VISA stamp in your passport .
  • You can submit your paperwork 30 days before your Visa expires (Chiang Mai 45 days)

Documents Required for Retirement Visa Extension of Stay

A – Application For VISA form TM 7

B – One Passport Size Photo

C – Copy of your  Passport (every page)  Sign every page

D – Evidence of your address (rental agreement or Baan book)

E – Copy of  Bank statement.    Deposit verification letter from your bank (if already here) stating the balance of your savings account (800,000 Baht). Normal cost about 100 to 200 baht.  This letter must not be older than 7 days.
OR
A Notarized Affidavit of Income from your Embassy,  with a monthly salary of no less than 65,000 Baht (US cost  ($50)  US Form download form.  This form can not be older than 6 months
OR
Combination of Bank Account and Income over 12 months = 800,000 Baht
OR
If you are married to a Thai National you need an Income Certificate with a monthly salary of no less than 40,000 Baht.  A Thai Bank account showing a reasonable amount is also required.

If you are applying using 800,000 Baht+ to meet financial resources:

a. Subsequent (renewal) Application – Needs to show funds have been on deposit for at least 3 months before applying.

F – Copy of every page of your bank saving book for the past year (Sign every Page)  Some Immigration Offices may only require pages for 6 months

After you finish with the Immigration Officer, you will be directed to have your photograph taken and given a form to sign acknowledging that you understand the penalties of over staying.  The One year Extension of Stay is granted at the discretion of the immigration officer.  It is not a right, so dress well, smile and always when dealing with Thai officials be polite, calm and respectful.

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Married Couples: Documents required for a Spouse

If you are coming as a couple and both are over the age of 50, both people should apply for the retirement visa.  If the spouse will be accompanying him or her s does not qualify for the retirement visa (e.g. not age 50+ or age 50, but not enough income), the spouse will be considered for the Non-Immigrant Visa Type “O” or Temporary
Residents.  A copy of the Applicants marriage certificate (notarized) must be presented as supporting documentation.

Documents Required for Spouse:

  • VISA form TM 7
  • All the same documents you would submit for a “Retirement Visa” above
  • Plus your “Marriage Certificate” translated to Thai/English and Certified

Instead of a “Retirement Visa” the spouse will be considered for the Non-Immigrant Visa Type “O” or Temporary Resident.

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Get a Thai Visa or Work Permit

Retirement: How to Retire in Thailand

Retirement: How to Retire in Thailand cmbadmin

Everything you need to know: How to Retire in Thailand

Thailand is fast becoming the number one choice for people wanting to retire, live a quality life and have their money stretch as far as is possible so that they can enjoy life in their golden years.

Thailand is a richly diverse country, offering regions with beautiful white sand beaches to mountain forests.  Offering large cities like Bangkok to the more quiet and relaxed Chiang Mai.   The following article is how Chiang Mai Buddy can assist you in the planning and execution of retiring in Chiang Mai, Thailand, but you can still use this information as a guide to retiring anywhere in Thailand

Why Retire in Chiang Mai?

Have a look how beautiful this city is.   Video: Chiang Mai – The Beauty of Diversity – from NOXimage

Obviously we here at Chiang Mai Buddy are biased towards retiring in in Chiang Mai.  Here the temperature is cooler, the city is smaller and easier to get around, property is cheap, there is amazing gardens, Temples, arts and crafts and a general more laid back and relaxed.  No beaches here, but also not many sexpats either. Chiang Mai is a comfortable base with an airport that has several daily flights all over Thailand and to other Asian countries. It is easy to use this city as your base if you decide you want to investigate other locations in Thailand.

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retire in chiang mai thailand23 Reasons to Retire in Chiang Mai Thailand
Retire in Thailand & Live on $1000 a Month
Yes it can be done!  That’s how cheap Retirement in Chiang Mai Thailand can be.  One of the growing concerns for people approaching retirement age, is that the pension is just not enough for many people to live well in their own countries.[hr]

1) First Things First – Have you been to Thailand?

The most obviously benefit to Retiring in Thailand is that it is cheap.  But do not forget it is another country with a different culture.  The number one question you need to answer for yourself is …..

Do I like Thailand?

If you have been here for a holiday then you obviously know the answer to this question. If you are basing your entire choice of Thailand based on the internet, articles and media then you need to ensure that your expectations are as realistic as possible.  The Chiang Mai Buddy website is a good start.  Our blog posts and articles are pretty devoid of opinion and personal bias – they tend to just present the facts without attempting to color the information with a sales pitch.

Solution:

1) Come to Thailand on a Tourist Visa: Come as a Tourist and travel to a few cities you have narrowed down your selection to. Once you are here it is a simple process to apply for and get your Retirement Visa.

2) Take the Plunge: Apply for and get your Retirement Visa before you leave your own country. It is valid for a year and gives you the opportunity and freedom to base yourself in one location and visit other parts of the country. Renewing your Retirement Visa each year is easier than getting your initial one.

Considerations:

1) Less than 2% of Chiang Mai Buddies customers have decided that Chiang Mai is not the city for them.  Granted our customers have the added benefit of having friends the moment they arrive and we introduce them to other Expats and the local social community. Chiang Mai is the number one retirement city for a reason. It is a good choice to start.

2) Once you are here, any documents certified by a lawyer in your own country are useless.  The process for applying for a Retirement Visa in Thailand is different (and easier) than getting one before you arrive. In fact you do not even need to have the funds to retire.  We can provide you with an instant Retirement Visa for 35,000 Baht (includes a bank statement in your name with funds. All you need is your Passport and 2 Photos). If you have all your documentation and the money (doing it the official way) the fee is 6,000 Baht to process and obtain your Visa.

3) Book Accommodation before you Arrive.  We have an excellent selection of monthly apartments which we get for you at the same cash price as you would if you where here in person. When you order through us the Arrival Package is automatically added to your purchase, this includes picking you up from the airport, delivering you to your new temporarily home, a motorbike (if wanted) a Phone SIMcard, and of course instant access to people who know Chiang Mai.

thumbs upChiang Mai Buddy Advantage
If you decide to choose Chiang Mai as your base location, we are in business to help assist people come and stay – but more importantly ENJOY Chiang Mai.  Once you arrive we continue to offer services that make living in Thailand easy and stress free. Social introductions, hiring a Thai speaking person to assist you, getting bank accounts, drivers license and so much more.  You can rely on us as we teach you how to become familiar and comfortable in your new country.

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2) The Retirement Visa.

The Retirement Visa is a pretty simple and easy process (once you know what you’re doing) – but the first time it can seem like a daunting process.  You have two primary options

Retirement Visa Options:

1) Apply from your Home Country: This allows you to have your Visa in your passport and from the moment you are here you can have access to the benefit of having a retirement Visa (Bank Accounts, Drivers License etc).

2) Apply from within Thailand: This option is much less stressful, because of the easy access to Visa agencies that can take care of everything for you.  Yes there is a fee attached to having the professional look after you, but like so many other things in Thailand – the cost is small.

Qualifying for a Retirement Visa in Thailand

Requirements for a Non Immigrant Visa ‘O-A” (Retirement)

  • Must be 50 years of age or over.
  • Passport (must have at least 1 year (18 months preferred) remaining until it expires
  • Holder of this type of visa is allowed to stay in Thailand for 1 year.
  • Holding the nationality or permanent residence of country of application
  • Proof of Financial requirement
  • Letter from Bank showing proof of deposits
  • Employment of any kind is strictly prohibited (including volunteer work).

Eligibility for Retirement Visa

  • Applicant must be aged 50 years and over (on the day of submitting application).
  • Applicant not prohibited from entering the Kingdom as provided by the Immigration Act B.E. 2522 (1979).
  • Having no criminal record in Thailand or in the country of his/her nationality, or the country of his/her residence.
  • Not having prohibitive diseases ( Leprosy, Tuberculosis, drug addiction, Elephantiasis, third phase of Syphilis) as indicated in the Ministerial Regulation No 14  B.E. 2535.
  • You must have at least 18 months validity on your current Passport

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Retirement VisaHow to get a Retirement Visa in Thailand
Step by Step Instructions to apply for your Retirement Visa
Get all the forms, know what documents you need and gain a better understanding of how to apply for a retirement visa to come and live in Thailand

 

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Retirement Visa Considerations:

1) Thailand Immigration want to ensure that people retiring in Thailand are also bringing their money in Thailand.  Once Expats would put the required amount of money into their bank account and apply for the Visa and remove the money.  Immigration decided (not yet undated on old blog post concerning the topic) to prevent this, your financial bank deposit needs to be in the bank for a two month period prior to applying for your Retirement Visa.

Another reason for having these funds is if you are require emergency medical treatment and you do not have funds in the Bank, the hospital will not perform the required treatment.  If you do not have the funds, there are services that have accounts with the 800k in them and are converted into your name and your application is processed.  All other documentation is taken care of for you – fee is 35,000 Baht (US$1020).  You should not consider this service unless you have complete medical insurance.

2) Obtaining a Retirement Visa from a Tourist Visa, needs to be done at an Embassy outside of Thailand (unless getting the aforementioned all-inclusive package).  You will have to reenter the country with your Retirement Visa if you decide to obtain one while already being in Thailand.

3) As mentioned in No 1 of the considerations, Thai Immigration have made some major changes since 2015 – most of which are to determine that people coming to Thailand can afford to live in Thailand.  While many Expats and Retirees living in Thailand are here because they are economically in hardship, You should seriously consider coming here if you do not have and are prepared to commit to the country the required 800,000 baht.

thumbs upChiang Mai Buddy Advantage
We offer extensive help and assistance with Visa’s.  At Chiang Mai Buddy we do not process Visa applications ourselves, rather we work in conjunction with a few Visa companies.  This allows us to select from an unbiased position which of the various Visa companies can provide the best service for you. You pay us the same price as you would them, so you can be assured that what we offer fits into your unique situation.

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3) Cost of Living in Thailand?

While you are required to have assets each year of 800,000 baht (or 400,000 plus income of 2000 US$) in order to maintain your retirement Visa, you can live here quite comfortably for almost half of that.  The following tables come from numbeo.com and was taken from July 2015 for the City of Chiang Mai.  You can use the link to find out the costs of any other city you might be interested in.

Cost of Food in Thailand (Chiang Mai)

Cost of food in Thailand (Chiang Mai)

Cost of food in Thailand (Chiang Mai) in US Dollars

 Cost of General Living in Thailand (Chiang Mai)

Cost of General Living in Thailand (Chiang Mai)

Cost of General Living in Thailand (Chiang Mai) US Dollars

 Cost of Accommodation in Thailand (Chiang Mai)

Cost of Accommodation in Thailand (Chiang Mai)

Cost of Accommodation in Thailand (Chiang Mai) in US Dollars

Considerations for Cost of Living in Thailand:

1) Everything is much cheaper in Thailand except for imported beer, wine, and dairy products. Eating western food will cost you 2-3 times more than eating local food but is still affordable.

2) Your biggest expense will be your accommodation. In Thailand a Westerner can only own 49% of land, so unless or until you have a Thai Wife, most people choose to rent a condo or house or purchase a condo.  You can lease land that a property is located on for 30 years plus – but gifting property to dependents (unless they are Thai) is a difficult process and not worth considering for a few years after you arrive.

3) Renting a condo in the city areas will cost about the same as a 2-4 bedroom house in the countryside.  Property is incredibly cheap in comparison to the western world, but it is the location that is important.  Do not rush into getting permanent accommodation until you are familiar with the area.  Stay first for a month or so in a monthly apartment before committing to a longer term lease.

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4) Finding a Place to Live

Accommodation is very affordable in Thailand, especially in the Northern parts of the country in the cities of Chiang Mai and Chiang Rai. Even in the tourist locations of Phuket and Pattaya the cost of renting a place to live is far less than you own country.  One thing to be aware of, is that most people live in Condo’s which range in size from 30 sq m (small) to 180 sq m (3 bedroom place).  Houses of course are as small or large as they would be in any country.  The following Blog Post details the steps and procedures of how to go about renting a place of your own.

However we strongly suggest you first live in a Monthly Apartment and get to know the areas around town for a month or two before you commit to a lease.

Another problem many people face is Thai Real estate agents.  Many are great, but (and this is a generalization), many also do not comprehend or understand what you are used too or how strongly you might want what you say you want.  Countless people who want to entertain and desire a western kitchen are shown place after place without one (because Thai’s eat out).  They ability to grasp your demands for a property to qualify as something you want to look at is not great.

You can look online and find many amazing places available to rent.  Only to find when you call that they have been rented already, or that they will be available in a month only to have the existing tenant stay on.  Thai people and many Thai agents tend to just leave their property listings on websites, which can make searching on your own a frustrating experience.

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Rent or Lease Condo House Chiang MaiHow to Lease a Condo or Rent a House
Step by Step Instructions with Checklist and Suggestions
Have a detailed look at the types of places you can live and how much it will cost. Along with a checklist of things you may not have thought about – but are important.

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Except from the Article above

How much does it cost to Lease a Condo in Chiang Mai?

A 30 sq.m Condo with kitchen and modern amenities will start at around 6000 baht (US$180), increasing in size to 45 sq.m you are looking in the 9000-12000 baht range. (US$270-360) per month.  Larger 80-120 sq.m 2 bedrooms places are around 18000-25000 baht (US$549-760).  One of the first things many new arrivals notice (especially from America) is how small the condos are here compared to where they are from.  You very quickly adapt and begin to enjoy the smaller units, with less cleaning required, ease of getting around from kitchen to bathroom etc.  Price will often depend on the extra facilities of the condo, Gyms, Pools, Massage and location will all add to the price.

chiang mai condo penthouse

A 2 bedroom 100 sq.m Condo with style will cost about 20,000 per month

Chiang Mai Condo

45 sq.m modern unit will cost between 10,000-12,000 baht per month

Chiang Mai Condo for rent

A Condo like this will be about 8000 baht per month

How much does it cost to Rent a House in Chiang Mai?

Houses are available in the inner suburbs and city itself, and these tend to be older (often Thai style) and can start from as low as 5000 baht maybe 8000 baht for a two bedroom.  The further out you go the bigger and newer the houses become with more western features. Many expats decide that they want to rent a house in a Moo Baan (gated community) which are usually located in the Hang Dong and surrounding areas.  Older styled houses are found closer to the city areas (and also outside the city) which are smaller and basic sometimes with a yard, but usually close to the neighbors.

lease house chiang mai

A newer 3-4 bedroom house can be found as low as 9,000 baht but generally 15,000 plus

Rent House in Chiang Mai

Older styled houses, 1-2 bedrooms can be found from 8000 baht

Solutions for Finding Accommodation:

1) Rent a Monthly Apartment First: Many people choose to stay in a Hotel or resort for there first week and then rush into signing a lease without knowing the city.  So many people find a place close to where they first arrived in Thailand only to find later that they are miles away from the area they prefer or people they later meet.  If you are coming to Chiang Mai, we have a selection of 20 places we have selected (having looked at over 80 personally).  You can look for yourself at the Monthly Accommodation in Chiang Mai

2) Get a Western Real Estate Agent: The effort you use to find a western or western thinking real estate agent will pay you many times over in results.  Don’t worry, it will cost you nothing, agents take their payment from commission in the lease (you might pay a little more over finding a place yourself – but you do not waste your time looking at property not available)

Considerations for Finding Accommodation:

1) Many people find the idea of a smaller accommodation than they are used too, is not their first choice; until they try it.  In Thailand you just do not need to have a huge kitchen (cooking at home costs more than eating out) and lets face it when you are retired you just do not need to have all that extra room for family and friends to stay with you.

2) Renting vs Buying?  On average if you purchase a property and rent it, it might take 15-30 years before you start to get a return on your investment depending on the location.  In addition it is difficult to transfer the title of the property to someone outside of Thailand so it might just be the case that the Thai Government takes over your assets if you die.  Consider renting!  The cost is low, you have spent your life saving and buying that house, which you just sold to retire in another country.

3) Do Not … Do Not … Do Not get a place sight unseen for any reason.  It does not matter if you have fallen in love online and have decided to move to the beautiful countryside to buy a house for the person you love (and maybe not met). It does not matter what you have read online (including this website) …. maybe the only reason you would do this is if you already have a friend and you want to live close to them.  The number one reason we get customers at Chiang Mai Buddy, is because they read online somewhere how easy things where to do … abc and came here to find out this was not the case.

thumbs upChiang Mai Buddy Advantage
One of our prime functions is to provide budget monthly accommodation in the most desirable area of Chiang Mai.  In addition we offer our Thai staff to call and negotiate leases on your behalf (prices tend to go up if a westerner is calling) and an American owned Real Estate agent who can find you exactly what you are looking for.  In short we have all your accommodation options covered.
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5) Health Care and Insurance

As with most living costs in Thailand your medical treatment and Insurance is not only incredibly low, it is of such high standard that Thailand is a top location for Medical Holidays.  In all major cities there are Hospitals that tend to place the westerner in the priority queue (while we pay very little, we pay more than Thai’s on Social Security systems).

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Insurance in Chiang MaiHow to Find Cheap Insurance in Thailand
Learn about the different types of policies for getting Insurance in Thailand. Travel Insurance, Health Insurance, Life Insurance with an estimation of how much it is likely to cost you. Home and Content Insurance, Medical and Accident Insurance and much more

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While medical treatment and dentistry is remarkable affordable in Thailand, so to in the insurance policies that cover your costs. The major benefit of having insurance based in Thailand is that it comes with your own agent who will go and take care of everything on your behalf. This saves money!!

When a westerner is taken to hospital, or admits themselves, the assumption is that we all have financial resources in abundance.  The treatment reflects this, and more than is required is usually done.  Wonderful if you have the money, you will get treated as if you where the President and then be amazed at how little it cost you compared to home.

When you have an Insurance agent, they are called (because they are paying) and the agent will go to visit you. More importantly they will find out about your condition and tell the hospital what tests and treatments they will get paid to do.  Your Insurance agent knows what is needed and what is not and your premiums remain low because of non excessive use.  This is very important as you are older and are likely to require medical treatment more often than you used to.

Solutions for Health Care and Insurance:

1) Get Basic Travel Insurance from Home: Insurance is cheaper here, you do not need to cover yourself for everything before you come, much better to get basic flight and travel insurance for a couple of months and then purchase insurance after you are in Thailand.

2) Register with a Local Hospital: Each Hospital has a membership or registration card – get one.  It costs nothing or very little and contains your history and can have our medical records transferred from your home country.

Considerations for Health Care and Insurance:

1) Driving in Thailand is a completely different set of mental dynamics.  If you are going to ride a motorcycle here, the long and short of it is, at some point you will have an accident.  It pays to have insurance because no matter who is or was at fault it is ALWAYS the Westerner who will end up paying.  Local Insurance covered both you, and the other person for medical bills and replacement of the bike

2) The last thing you want if you are in Hospital in Thailand is someone from your home countries Insurance company trying to speak to someone who may or may not speak English to discuss payment and treatment.  In fact usually you are required to pay cash and claim later.  If you are living here – don’t rely on insurance from another country – no matter how good your past history with them has been.

thumbs upChiang Mai Buddy Advantage
If you are planning on Retiring in Chiang Mai, we have extensively searched and found the best providers we can find with our local knowledge.  This includes a wonderful Insurance agent who can find a policy to meet almost any budget.  Let us provide you with an introduction to this agent who has national and multinational insurance policies she can provide at low prices.
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5) Social Life and Friends

Of course it goes without saying that a major component of how much you enjoy life, is who you have to enjoy it with.  The Expat community is large in Thailand and almost every city will have an Expat Club, Facebook groups for Expats, Retirees and generally what is happening in your chosen city.

Unless you are wanting to disappear and avoid people, you would do well to join and check out a few Facebook groups in the cities you are thinking about and the Number One forum website ThaiVisa.com 

It is a mistake to come solely because you have fallen in love online.  It is even more of a mistake to decide to live in a rural province because your new girlfriend wants you to be close to her family.  You are going to miss the comforts and security of the familiar – even if this is just hearing the same types of accents you have done in the past.

Make sure that there is a community that reflects what you are used too.  If you are Greek, see if there are Greek people who meet and organize events. Same for German, Dutch and so on.  Most retirees in Thailand are American, British and Australians.  In some regions in South of Thailand there is a big Russian element, but not so much up in the Northern parts.

Considerations for Social Life and Friends

1) If you have been to Thailand and/or have friends here already, this is less of a problem.  If you belong to a smaller community and your own food, music and traditions are important to you, it would pay to investigate where there is already a community of people like yourself.

thumbs upChiang Mai Buddy Advantage
We have as part of our service an Expat Relocation Tour, which shows you the places to shop, get medicines, eat and drink with other people also here in Chiang Mai.  In addition our Facebook Page, lists events from all over Chiang Mai to inform you what is happening.  And we of course have the occasional dinner party inviting our old and new customers to meet socially.
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Conclusion

Thailand is a wonderful place to retire, with Chiang Mai being the most popular location for many people. If you wish to consider Chiang Mai as a location, we here at Chiang Mai Buddy offer a range of affordable services to make this as easy and as stress free as possible.

[blog_posts count=”10″ post_category=”Expat Retire” title=”Further Articles on Retiring in Thailand” link_text=”Read More” character_count=”115″ layout=”default” excluded_cat=””]

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23 Reasons to Retire in Chiang Mai Thailand

23 Reasons to Retire in Chiang Mai Thailand 538 218 cmbadmin

How to Retire in Chiang Mai, Thailand & Live on $1000 a Month

Yes it can be done!  That’s how cheap Retirement in Chiang Mai Thailand can be.  One of the growing concerns for people approaching retirement age, is that the pension is just not enough for many people to live well in their own countries.  For many people they are just no longer happy with what is happening at home, with changing political and economic trends.  For some, now is the time to take advantage of all their spare time and explore more interesting and exotic places.  What ever your reason to look at Retirement – Chiang Mai is one place that should be at the top of your location list.

Whether you are thinking of retiring as a couple, or you are now on your own and the idea of a beautiful and younger companion who shares the values and beliefs you grew up with is appealing – Chiang Mai in Thailand has it all.  A great location for couples and single people alike, with so many things to do to keep you busy and still allow you to live in a style surpassing what you could at home.

Have a quick Look at what Chiang Mai Offers Retirees

 Video courtesy of the Chiang Mai Expats Club

How to Qualify to Retire in Thailand (Retirement Visa)

To qualify is actually pretty easy, and listed below.  For full details you can read the article on How to get a Retirement Visa for Thailand. 

50 years of age
Passport with 18 months left before expiring
Proof of Funds 800,000 Baht or US$ 25,000 or
Proof of income 60,000 Baht a month or US$2,000
Combination of Savings and Income
Fee 1900 Baht (US$60)

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What makes Chiang Mai so appealing to Retire?

I think it is a fair assumption to make that this article is not the first time you have heard of Chiang Mai, nor will it be the first time you have read about this beautiful northern city either.  Chiang Mai already has a reputation for being a retirement heaven, with many business’s, clubs and societies created by and for the retired expat.

Not only is everything here, ready and waiting for you to partake in, it is easily able to be done on even the tightest budget.  You can live an active and interesting life here for as little as $1000 a month.  Of course if you have more savings and greater income – you will be able to retire in a manner you may have only once dreamed about.

However, this beautiful city is not ideal for everybody, and it is highly recommended that you come for a holiday first, stay a month or two and test out Chiang Mai as well as other cities in Thailand.  If you decide to do this, then we at Chiang Mai Buddy specialize in finding you Accommodation cheaper than anywhere else you will find online and provide you with a Tour of the best locations for you to visit on a regular basis.

So… let’s examine some of the reasons you should absolutely consider Chiang Mai as a location to retire.

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1) Chiang Mai City itself

retire in chiang mai city

Chiang Mai means “New City”, yet is over 700 years old, and has an important role in Thailand’s history.  It is located in the northern part of Thailand, in the mountain area, and is the largest and most important city in this region. Chiang Mai is said to have a population of 160,000 but this consists only of the old city (walled center of town) when combining the several other areas around the city itself boosts a population of over 1 million.  At rough estimates there are some 40,000 expats living within Chiang Mai itself.

map_thailandChiang Mai is large enough to contain several golf courses, hundreds of spas, thousands of restaurants, and places to get a massage are always within a stones throw away.  There are also over 300 Temples – all working and operational with Monks, several large shopping malls and almost everything you could desire. Yet Chiang Mai is small enough to be able to easily drive, ride a motorcycle or get the famous Tuk Tuk’s to get out and about.

Chiang Mai city is a combination of modern and 700 years of history.  It is a rich and vibrant tourist center, with many well known areas, activities and shopping opportunities.  It also has the hidden out of the way gems that your fellow expats will delight in showing you.

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2) Cost of Living in Chiang Mai

Cost of living in Chiang Mai Thailand

Front page of the Nomad List website .. says it all

One of the biggest attractions of Chiang Mai, Thailand is the cost of living. The Nomad List website, which compares the cost of living and quality of life of cities around the world, rank Chiang Mai as one of the cheapest places to be. While this website is for the younger traveler it’s economic breakdown of hundreds of locations makes for interesting reading.  This cheap cost of living is supported by International Living, a subscription based retirement community both online and in magazine form.  Many articles and retirement companies do cost of living vs quality of life locations, Chiang Mai is always in the top 5.

You can live here on an extreme budget, choosing accommodation like Siriruk Apartment for less than $100 a month. Or for $500 stay in a fully serviced Hotel like the Victoria.  If you decide to stay here longer, you save even more, able to rent a budget 30-45 square meter condo apartment from around 4000-7000 Baht (If you are staying here longer, you are able to lease a condo (usually 6 months minimum but can sometimes you can find one for 3 months) and save even more.  To buy your own condo you would start at around US$25,000 for a basic unit (35-45 sq.m) and more realistically for 80-100 sq.m and two bedrooms looking at around US$50k +.  Houses can be purchased for 50k and beyond.  Of course depending on how old you are (let’s be realistic here), you can rent your accommodation for 30 years before you would spend what it would cost to purchase.

The one downside is that a non Thai can not own more than 49% of the land a property sites on, for this reason many couples buy condos (you can own these 100%), or wait until they marry a local before purchasing a house. To get an idea of the type and quality of condo rental or home purchase you can expect for the price have a look at this local real estate agency

A Motorbike rental can start as low as $60 a month, but beware, this will be a low quality bike. Most likely older, 100 cc manual motorcycle. You are much better off spending $90-100 and get a newer 125cc bike large enough and with enough power for the western frame.  Food in a Thai Thai (the word to explain a typical local place) restaurant starts at 25 baht and seldom goes past 40 (US 75 cents to $1.20). Most people tend to go to the local places in more urban areas where you are looking at US$1-2 for a meal. Western food usually cost more, but still much cheaper than is typical in your home country. Although you will generally find eating out is cheaper than cooking food yourself at home.

You can live in Chiang Mai for about $500 a month. You will live well for $1000

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3) The Expat and Social Community

Chiang Mai has an incredible amount of open social network groups that are always providing something to do.  The social communities in Chiang Mai, provide information on “how to…”, “where to…” and “when to…”; and arrange for group outings as well as hold there own social events.

Westerners in Chiang Mai, have over years built social and entertainment networks that allow you to do something new almost everyday.  . Lana Cricket have used the Gymkhana sports grounds for over 50 years, providing a wide variety of tennis, golf, cricket and other sporting and social events.

Expats having fun in Chiang Mai

Perhaps the best of all of the communities is the Chiang Mai Expat Club, which holds a variety of Scheduled Events and Activities. The Expat Club is a one off 1000 baht membership (US$32) and is an open resource of many business that specialize in the Expat and Retired person. Not to mention the fantastic breakfasts and meals they put on at there social events.  The Chiang Mai Expat group really is your one stop shop to a new social network and introduction to people who have been where you where and now openly sharing their wisdom and knowledge.

Some of the Many Social Networks available in Chiang Mai For more check out our Resources

I Love Chiang Mai – We all love Chiang Mai – there is a great files section with loads of information. This is a secret group, you will need a friend who is a member add you

Chiang Mai Events – it’s usually here if it is happening in Chiang Mai.

Whats Happening Chang MaiThe primary focus of ‘What’s happening in Chiang Mai’ is to provide to voice to those connected to Burma and social justice issues generally. We welcome posts that are of value to the audience advertising events, and important news affecting our community.

What, Where, When Chiang Mai – A page for people, event organizers, promoters, bar owners, club owners to let everyone know what’s happening in Chiang Mai. Feel free to add people to the group, the more people on here the more we’ll know what’s happening in and around Chiang Mai

Chiang Mai – For people wanting to come to or already living or just interested in Chiang Mai

TEDx Chiang Mai – Chiang Mai’s affiliated TEDx talks

Farang Community Chiang Mai – An ask and you shall receive group for foreign nations in Chiang Mai.

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thumbs upChiang Mai Buddy Advantage
Of course if you are coming to Chiang Mai, you have your own buddy that for a very small fee will help you with anything you need assistance with.  Until you get your bearings and can navigate around yourself, we are here to help you find a place to live, show you around and assist you in whatever way we can.

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4) Cheap Medical Providers

Chiang Mai RAM Hospital

Thailand is well known as a medical vacation location, because the medical treatment is first rate at a fraction of the cost of where you are living now.  Medical and Dental treatment is affordable as is cosmetic surgery, in fact everything is affordable, including the health insurance for living here full time.

A dental clean is about 600 baht, x-rays only 800 baht, ($17-22), a visit to a Doctor for medical checkups are around 200 baht ($7) and medical certificates for the various documentations you will need are 50-100 baht ($3). Insurance? around 20,000 baht per year will get you  a premium health insurance policy with Bupa Blue Cross

The cost of hospitalization for a private ward would start around 2,000 baht per day. Many expensive medicines are reproduced in generic form locally (or from India) and provided considerably cheaper. You can of course still get the branded medicines if you wish.

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5) In-house Nurse Aid or Retirement community

If your health is already requiring a little more attention, or the need arises to go into a care facility, Chiang Mai has you covered here as well.  You can hire your own nurse or care giver on a short time or live in position for about 15,000 baht per month.  Retirement communities here, are luxury palaces, providing accommodation, meals, doctors, nurses, social outings and in patient facilities for about US$2000 per month – everything covered.

Have a look at the promotional video for one such Care community right here in Chiang Mai.

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6) The People of Chiang Mai

chiang mai hilltribe people

The Hill Tribe People of Chiang Mai

Because of it’s northern location, Chiang Mai is influenced by the ‘Lanna’ and Hill Tribe tradition and people, who remain a popular influence on the local traditions and values of the city.  The Lanna heritage takes shape all over the city in the forms of language, clothing, art, architecture, music, food, and more. The people here often still wear the local clothing, which may be dyed cobalt blue or an array of other colors. Another characteristic of Lanna that people notice immediately is the volume of artistry the culture is infused with. Chiang Mai has long been an arts center with areas like the Baan Tawai wood carvers’ enclave, and the Bor Sang umbrella-making village.

If you are the type of person who thrives of arts and crafts, no where else in Thailand (possibly Asia) boosts so many factories and entire villages dedicated to arts. You can visit workshops where you can learn about the production of silk or silver, and purchase memorable, hand-crafted souvenirs.

Chiang Mai Lana People

Chiang Mai Lana People

The presence of numerous hill tribes that feature a wealth of unique cultures enhances Chiang Mai’s distinctive diversity. Hill tribe trekking, often combined with river rafting and elephant riding has always been one of Chiang Mai’s greatest tourist attractions.

Thailand is promoted as the land of smiles, and never more than in Chiang Mai. The people are friendly and helpful and honest! The locals here are not (unlike other parts of Asia) always looking for a way to get something from the westerner and tourist. Locals will help you in times of need, and some of the sweetest natures in the world are possessed by the women here.  One of the greatest things about being in Chiang Mai is that you do not have to always be on guard that your wallet is about to be taken advantage of.

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7) Non Sex-Tourist Atmosphere

Chiang Mai is a traditional city, populated with many migrants from the rural areas of Thailand as noted above. These people have traditional and high values, and Chiang Mai is NOT what you might expect about Thailand from watching movies. Here (unlike other parts of Thailand and Asia) you will not see the 70 year old man holding hands with a young child of 20 that he refers to s his “girl friend”.  Yes this is Thailand, and there are parts of the city you can visit if you are feeling ‘lonely’ – but for the most part the people that stay here in Chiang Mai have higher morals and codes of behaviors from the sex tourist.

Chiang Mai is also a relaxed city. Things happen here at a slower pace, and no one is really in a hurry. The city is big enough and caters for most people and most tastes, but lacks the zoom zoom speed of other Asian cities. Some people find this slower pace, and lack of sexual promiscuity is not for them.  Those that choose to live here do not mind at all and are rather happy about other cities providing these services.  While it is common for a man to have a much younger Thai partner, people who openly flaunt the importance (to them) of the sexual aspect of their relationship – seldom find like minded companions to hang out with in Chiang Mai.

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8) Beautiful Younger Woman who wants Love

If you are a older single man with moderate resources then you are likely to find a partner here who is attractive and younger than you.  You should know before you come How to Date Thai Women because the attitudes and culture make for some compromise in the type of expectations that a relationship with a Thai lady will bring.

Thai women are traditional, they reflect the values of the generations that many people grew up in and feel more comfortable in. A Thai girl friend or wife will take care of the house, cook and clean and dote on you like no other women from western cultures will do.  Men and Women have roles here, the man is to protect and provide, and the women is to take care of her family.  You can personally disagree with this cultural aspect of Thailand, and it is possible to meet a more modern thinking lady for a relationship.  Remember you are the one moving here, some of your attitudes and ways of looking at things will need to be flexible.

Be aware than a Thai women will always put her parents and the Royal Family above you.  You marry the family when you marry the lady, and you will be expected to help the family out if required (this means financially).  But if you are a good person, someone who shows respect and kindness, in times of your own ill health, you will be repaid back with a generosity and care that is beyond what most people can imagine.

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9) Availability and Quality of Accommodation

Chiang Mai city is growing. From almost any view in any Condo or monthly rental accommodation you will see new accommodation buildings going up. Long term condo leasing (6-12 months) is easily found, shorter term (3 months) more difficult but not impossible. For the short term visit it is better to find accommodation at a monthly apartment complex.

There are a range of websites that cater to your need to rent a house or condo. Discounted prices for longer term leases is common.  In the heart of the city, prices are a little higher, if you wanted to live a little further out (10 km or so) you can find a beautiful new (often fully furnished) 3 bedroom house for the same price as an inner city condo – starting around 8000-9000 baht (US$ 250) per month. If you do not mind an older place, you can easily find a 2 bedroom house for around 6000 baht (US$180)

Many developments have been created with enclosed gated communities that are heavily populated by Expats and Retired couples, singles and mixed relationships.  There is absolutely no shortage of quality homes in amazing surroundings

You can search yourself at two of the more popular places
Chiang Mai Properties
DD Properties

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thumbs upChiang Mai Buddy Advantage
Many of the best deals available come from local people whose command of English is not great (such as the places listed at the DD Properties website).  We can help you arrange to visit and look around properties, negotiate the price and contract details and then act as an intermediate for TV, Internet and should you need to talk to your landlord in the future.

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10) Fantastic Weather

Press image to enlarge

Press image to enlarge

From November to February the weather in Chiang Mai is perfect. Clear blue skies with 30°C temperatures and low humidity during the day and lower temperatures at night. Around March the temperature starts to get hotter, but Chiang Mai being located in the mountains is always a few degrees C lower than anywhere else in Thailand and most places in Asia.

The rainy season starts around May and sometimes goes until October. The rain usually happens once or twice a day for 30-60 minutes. And it is a downpour!. You will have about 30 minutes warning as the dark clouds roll in and 10 minutes before it starts the wind picks up. If you are under cover the refreshing breeze and cooler temps are a welcome visitor. During the rainy seasons (really it should be referred to as the daily hour of rain) the surrounding area of Chiang Mai is beautiful.

Day trips, and rides to see the tourists spots or just to go on an adventure, will offer some of the best photos you will ever have the privileged of taking. Worse case (because you do not want to ride in the rain) is that for 30-60 minutes you will have to stop off and sit back and relax at a cafe along your trip.

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11) Worlds Best Food

Chiang Mai Street Food
Thai food is amazing, and here in Chiang Mai it is at least 1/5th of the price you would pay back home, and much less if going to a fancy eatery.. Food stalls and markets are found all over the city where you can sample local dishes for $1 a meal. Well known Thai favorites like pad Thai and green curry are readily available, and Chiang Mai is famous for its local specialty Khao Soi.

If you decide to attend a cooking school (around $30 for a half to full day) you will discover the secret to Khao Soi (OK, OK it is a Thai red curry with Indian curry powder mixed in) Vegetarians are extremely well catered for (Thais often go meatless in their meals for special Buddha events). When you tire of Thai food, there are hundreds of restaurants that cater for every other taste. Indian, Mexican, Greek – you name it, Chiang Mai has an expat who has decided to open it. For more details Where to find Western Food in Chiang Mai

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12) Cheap Fresh Produce

If you decide you want to cook for yourself (and most people give up on this idea after a week or two of living here because it IS cheaper to eat out) then the local markets in Chiang Mai are for you. Lower prices than the supermarkets and full of local and imported foods from other regions of Thailand – the local markets are a busy and popular place with the locals.

The Markets can be slightly overwhelming for the new arrival, (we offer a quick lesson on how to go and purchase produce included with the Expat Tour) – but you will soon get the hang of it. One of the Kings projects was to help the farmers convert from growing drugs to growing food. Farmers where taught how to grow particular crops and shown how to do it well. The end result is an abundance of both tropical and native fruits and vegetables that you are used too at home.

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13) Beautiful Scenery and Landscapes

Chiang Mai Scenery

Chiang Mai is located in the North of Thailand, in the Mountains. This is not the place to live if you can not live without the beach.  (although check out the cheap transport section – it costs nothing to get away for the week).  There are many places and pools for swimming, but this is mountain country, full of lush forests, mountains, old villages, rice fields, elephants, gardens, lakes, caves, temples, national parks and more.

Just a short drive outside of Chiang Mai is another world. Forrest with Elephants, Monkeys, rice paddy’s, coffee plantations, mist steeped mountains, lakes … the list goes on and on.  The Thai Queen had an avid interest in gardens and there are many “Queens Gardens” spread around the province. Even for the die hard adventure fan, there is something truly relaxing about sipping coconut milk next to lush and exotic species of plants, that flower and bloom under the cover of cooling tropical shade.

The scenery both natural and created over centuries along side of Temples by monks and villages is breathtaking and mesmerizing. Don’t take my word for it, have a look at the amazing photographs when you just do a Google image search for Chiang Mai.

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14) The Temples

Temples and scenery of Chiang Mai

Chiang Mai has Temples! Estimates vary but around 300 seems to be the usual quoted number.  There are large temples, gold temples, silver temples, old ruins that are still in operation, temples for a particular village.  If taking photos of golden laced statues surrounded by orange and red clothed monks of all ages is your thing – you could spend months going to different places everyday. If you are up in the early hours you will frequently see monks collecting elms along the side of the roads, monks traveling in public transport … monks monk monks!  They are everywhere and widely valued and respected by the people of Chiang Mai.

Thai culture is also valued very highly here in Chiang Mai, much more so that other major cities in Thailand.  Thailand and indeed Chiang Mai is relatively free from western religion, (although there are churches here); instead the vast majority of people (99%) are Buddhist and this culture is loudly and proudly displayed during the day to day activities of the people.  The Temples are the central focus for this culture and often the beginning and end place for Thai people to seek answers to any problems they have.

For we westerners, each is a magnificent reminder that we are indeed in another world.  And your friends and family will be envious of the amazing photographs you send home or put on Facebook.

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15) The Holidays & Festivals

Loy Krathong in Chiang Mai

The culture in Chiang Mai is vibrant and often celebrated. Festivals and Public Holidays are times when the Locals, Expats and tourists alike relax, take time off and enjoy the many colorful and exotic experiences. In particular Songkran (April 13-16) and Loy Kratong (Nov 25) are two events that draw overseas tourists and Thai’s from other regions of the country. These are two events that should be on everyone bucket list!

Thai people generally believe that life brings with it, a fair share of misery – and they take each and every opportunity to take a break from this and celebrate happiness. This is represented by the many may festivals and celebrations. Each of them a spectacular event to watch or partake in.  The only downside is that on special days alcohol will not be sold, so you need to stock up the day before.

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16) Chiang Mai Coffee

Chiang Mai Coffee

Chiang Mai Coffee Farmer explains bean flavors

Do you like Coffee? The people in Chiang Mai love it.

In Chiang Mai many of the hundreds and hundreds of cafes will have their own coffee farms, to supply them with their house coffee. The coffee here is what is known as the top 1% (by those who spend time slurping and spitting it out). The Chiang Mai region grows Coffee – It is 100% organic, grown under natural shade at high attitudes and hand picked, wet processed and dried in the sun, and packaged with single source beans.

You are free to spend hours drinking coffee at any of the coffee shops, all of which provide AC on the hot days and free and fast WiFi.  There are coffee shops located within the city and on the outskirts surrounded by beautiful surroundings.  Every place will have prepackaged coffee for you to take home and enjoy in your own condo or house.

Many people suggest that Thailand Coffee is bitter.  This is just not the case, coffee is slightly bitter, but this aspect has been removed by the mass farmed plantations that supply many of the coffee companies around the world. There is nothing nicer than starting your day with a fresh brew of some of the best coffee in the world that you brought for $12 a kilo.

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17) No Horns, Hustlers, Poverty & Ripoffs

Reasons to Live in Chiang Mai

In Chiang Mai, you are NOT constantly asked to buy things

One of the most unpleasant things about living or traveling in Asia, is the constant harassment you get from the traders (who are just trying to make money to live).  Sales people, Tuk Tuk drivers, beggars on the street, will follow you and bother you hoping that you will purchase their wares. This does not happen in Chiang Mai.  The local people here are respectful and polite, here your “No” means No and you are left alone.

Often the prices are listed on items at the market, and unlike other places it is the same price for locals as it is the westerners.  You can still bargain in many places, but unlike many other places around the world – with the price on the eggs, or chicken – you know exactly what it is and never feel like you are being ripped off.

Thailand in general (not just Chiang Mai) does not use the horn like Philippines or Vietnam.  In other countries the horn is a constant sound and can get very annoying and cause noise stress.  It is difficult to relax with a wine, beer or coffee if every car and motorcycle passing by is tooting the horn.  Rest assured – none of these typical Asian experiences will be an issue in Chiang Mai.

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18) Safety

Chiang Mai is rated as one of the safest cities in the world. Crime against foreigners is extremely rare, and apart from riding a motorcycle, you will never feel intimidated or afraid for your safety. You can freely and comfortably walk around either during the day or the small hours of the night and feel totally safe even if you are a single women alone.

The scams that fill the headlines in western media about Thailand and Asia just do not happen here in Chiang Mai – or at least are very very rare. The one exception to this is the Mob run Karaoke Bars along Chang Klan road. Here you can go in for an hour, have a few drinks with a few ladies and come out with a 30,000 baht bill. Many (often drunk and loud) westerners do not understand how a few drinks and a couple of ladies flirting with them can cost $1000. The answer is simple – it is a scam – just don’t go there!

There is a special division of Police in Thailand called the Tourist Police, whose sole job is to help any westerners in distress.  Most of the time they are quick to respond and work on your behalf.  The rest of the time, (while this is slowly changing) Thai justice is not so much what has happened as who you know and how much ‘instant’ fines you are prepared to pay.

Generally however, compared to the rest of the world, Chiang Mai is very safe.  It is part of the values and culture here in Chiang Mai – crime is a sin and a sign of a weak person.  It is rarely done compared to other cultures and cities.

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19) So Much to Do!!

Chiang Mai Elephant Tour

There is more to life than just relaxing, and in Chiang Mai there’s plenty to do in your downtime. You may have seen the Elephant Painting on YouTube – here in Chiang Mai you can go and see it for real. You could visit one of the many Wats (temples); learn to cook Thai food, or how to give a massage. Perhaps learn a new language or get qualified to Teach English and donate some of your time to charities and children.

Chiang Mai is a popular tourist destination and caters for every type of activity.  You can learn how to train elephants, go to Spas and retreats, and take advantage of all the activities in place for the tourist.  In addition as someone who lives here you will have access to the many social groups and activities arranged by locals for locals.

When you are bored spending your days, relaxing by pools, drinking coconuts, and pottering around in your garden – there is enough to do in Chiang Mai to keep you busy and active for years.

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20) Transport is Cheap

You can hire a motorbike for 3000 baht a month (sometimes less and sometimes more) – but if you want to use public transport it is easily affordable. Chiang Mai is supposed to have a public bus system but you will never see it. The reality is the Red Truck and Tuk Tuk mafia own this town. Taxi’s are not allowed to drive around looking for customers, and there are no Motorcycle Taxi’s.

But! You can jump on the Red Trucks and travel for just 20 baht, a Tuk Tuk will cost you between 60-100 for a 5 kilometer trip (depending on the time of day and how well you haggle). Hiring Cars for day trips is around 800-1200 baht. If you need to do a Visa run, or want to visit another city (or country) the Bus, Train, Tour Vans and Flights are incredibly cheap.

Chiang Mai has an international Airport and has flights to many different countries starting at $100.  Fly one hour to Bangkok and the choice is almost endless.  From your base in Chiang Mai you can go to another country for a weekend or a week, for just a few hundred dollars.  In addition if you fancy a trip to the beach, the endless special offers for flights within Thailand mean you can do this as well starting at $15 per flight (although usually $60-100)

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21) Visa’s are Easy to Get

Getting a retirement Visa to Thailand is very easy and affordable.  The paperwork is small and there are endless local services that can take the hassle away and do the required work for you.

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22) Everything you will need is here

Chiang Mai is small enough to easily learn your way around and become familiar with the city, and big enough to have something for everyone. There are may reasons that Chiang Mai is one of the most popular places to retire. Houses and accommodation are plentiful and cheap, maids and help either live in or out are readily available.  Western owned and themed bars and restaurants, food, medical treatment, dentists, Expats clubs, Golf, Tennis, swimming, dance groups, acting classes, Yoda, fitness.

There is just no point trying to list everything that is here, rather it is easier to list what you can not find in Chiang Mai.
1) A Beach,
2) hmm That’s it!

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23) Chiang Mai Buddy

We at Chiang Mai Buddy are here to help with your transitions. We can help arrange for a local moving company to pack your belongings and store them, find you a short term accommodation that will allow you to explore the city.  Our staff can assist you with the small and big issues you will discover living in a new city and culture.  When you are ready we can help negotiate lease agreements, or point you in the right direction for English speaking business that are designed especially for the Expat looking to retire in Chiang Mai.

Did I mention how cheap it is to live in Chiang Mai?  Have a look at our pricing table and be prepared to be surprised.  Yes these prices are correct.  You can hire us for as little as $6 an hour to make calls for you, arrange cable, TV or Internet.  For just a little more we will come with you and assist you in person to get things done.

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There are of course so many other reasons to come and live in Chiang Mai.  It is a big step, and a difficult one.  We strongly suggest you come and visit for a month or two and really see how well you will adjust.

Reason to Not Retire in Chiang Mai, Thailand

There are a couple of reasons you should think twice about retiring here in Thailand.

The most important is a common issue here.  People come to retire early in life when they are younger (50 plus) and healthy.  As people age, and start to get more regular ill health – it can become a problem here.  Bear in mind that many people come from countries where after retirement age (60-65 years) they are entitled to free healthcare, assisted living, free bus rides etc.

If you are thinking of retiring in Thailand because you think it will save you money (This is true if you are healthy) but are starting to get older.  It might be better to stay in a country that offers health and aged services.

How to get Cheap Insurance in Thailand

How to get Cheap Insurance in Thailand cmbadmin

If your staying or living in Thailand, and require medical treatment, the last thing you want is the Hospital insisting on cash because your overseas Insurance agent can not communicate in Thai. Same thing applies with a motorcycle that gets lost or damaged.   If you make the mistake of using International Insurance policies, when it comes  to making claim you won’t have the benefit of a local Insurance agent by your side, working on your behalf.

For anyone who has lived in Thailand for a while, and has faced the task of attempting to get something done with a Thai business or company (or Hospital) – the benefits of having an English and Thai speaking person who knows how to deal with them needs no sales pitch.  Finding an Insurance agent who can do this for you is the difficult task

In a Nutshell

In a Nutshell

  • Insurance is Cheaper in Thailand
  • Local Agents work hard on your behalf
  • Home and Contents Insurance
  • Accident Insurance
  • Health Insurance
  • Life Insurance
  • Travel Insurance

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thumbs upChiang Mai Buddy Advantage
Our main focus at Chiang Mai Buddy is to source local Thai Business that are either experienced with Western values (and speak English) or is owned by a westerner.  We have done the same with Insurance and found an English speaking agent who not only has access to several Insurance companies (including a couple of international Institutions) to request quotes.  She is also popular among the Burmese working here because she put’s a customers budget and economic assets as a priority.  In other words she is skilled at finding the lowest quotes available.

Types of Expat Insurances that are a must have

1) Life Insurance (~ 10,000 Baht)

If you are a long term resident of Thailand and have married a Thai person (or are a retired couple) Life insurance protects the people who are financially dependent on you. If your spouse, children or other loved ones are likely to face financial hardship if you died, life insurance should be high on your list of required insurance policies.

For most people in the western world Life Insurance is something that is really only needed for the first 25 years of marriage or of your children’s life.  Usually by the end of this time, your kids have left the nest and are earning on their own, and you have made substantiation payments on your house and have savings that your spouse can manage in the event of your death.  But once you come to Thailand, especially if you have married again and settled into a family situation, you are aware that your spouse is usually totally dependent on your financial resources.

Thailand Insurers have developed a range of life insurance products that are designed to protect policy holders and provide future financial security. The added benefit of a Life Insurance policy is that you can attach various other modules to your policy including

A) Life Protection Insurance helps you build financial security for your family. Benefits will help reduce the financial burden arising through unexpected events; the policy reserves a lump sum payment for your family should such an event occur; a great way to express your responsibility, love and care to your family!

B) Medical Coverage

Hospital & Surgical Benefit
Provides reimbursement for medical expenses in case of hospitalization in a licensed hospital as an in-patient (IPD). In addition to life coverage from your basic life insurance policy, planning for medical expenditure is essential to keep you and your family well-protected against possible sicknesses. With Hospital and Surgical module, you are insured to receive prompt and quality medical care should sickness strike. Available up to 80 years old.

Hospital Stay Benefit
Hospital Benefits module provides daily cash benefit to compensate for loss of income in the event of being in business.  A full year of compensation is available

C) Accident Coverage Death by natural causes is one thing, but this is Thailand!  The accident module includes a death by accident and can be either a lump sum, or a death benefit.  Oddly the payout at times of festivals like Songkrang (where death rates are higher by accident) is doubled.

2) Accident Insurance (From 2000 Baht)

Perhaps one of the more important Insurance policies to have (and anytime you drive in a car or motorcycle you are reminded that this is a good idea) is the standard Accident Insurance.  Accident insurance covers you for medical expenses and cash payments for any disability that might incur.  One of the key benefits of having local Thai Insurance for this, is that your agent (at least the one Chiang Mai Buddy uses) will be notified at the time of your accident and personally go to the hospital to immediately take control of what the hospital does and does not do with your treatment.

For example, As with many country’s your blood alcohol level play a part in making any insurance null & void.  A good agent working on your behalf will talk to the Police Officer reporting the accident and request that the hospital staff do not take any blood samples until the next day.  One of the many benefits of obtaining Insurance in Thailand.

A typical Policy will include:

A) Accidental Death
B) Dismemberment: Loss of use of body parts, including limbs cut below the wrist or ankle,
C) Permanent Disability: Impairment preventing you from functioning normally. Permanent Disability is divided into 2 types: Total Temporary Disability and Temporary Permanent Disability.

Common  Modules available to add to your Accident Insurance Policy

D) Family Care Giver: Monthly Family Care Giver is a care benefits or alimony, compensated monthly to a family member. Family members including spouse, children and parents of the insured person. In case of accident where benefits I or II are compensated, the company will make monthly payments to the family member for up to 60 months.
E) Monthly Living Benefit:  Monthly Living Benefit is compensation paid monthly to the insured person on the basis of the dismemberment, loss of sight or Total Permanent Disability.
F) Hospital Cash: Hospital Cash provides coverage in case the insured person is injured through accident and needs medical treatment at hospital.

3) Property Insurance
House 2M = ~4,000 Baht, 16M = ~16,000 Baht,  Car from 6,000 Baht

Same same throughout the world, people want to ensure they are protected from damage and loss to their home and contents, which can include (or Insure separately) your Vehicle. Your home isn’t just any residence. It is a special place that reflects your individuality, your lifestyle preferences and passion. While replacing your household property is relatively inexpensive in Thailand – so too is the cost of Insurance for this.

Like any Home and Contents Insurance, there are many options from the standard Fire protection to All risk coverage options. In is important to note that almost every condo or house lease agreement makes a requirement that this type of insurance is the responsibility of the tenant.  Typical Policies will cover ….

  1. Loss or damage of jewelry and watch as a result of burglary, robbery and gang robbery
  2. Exclusive extension to covered charcoal, bicycle, water pump, air conditioner ,compressor, and satellite
  3. Temporary accommodation and storage
  4. Theft, burglary and robbery
  5. Personal liability

4) Travel Insurance ~1,400 Baht for 60 days

Another policy offered around the world that tends to be cheaper to obtain while in Thailand (especially if you are traveling to other Asian countries).  Travel Insurance is determined by the amount of your valuables and the duration of your travel, and like most policies includes property with module add on’s for medical and accident coverage.

Travel insurance protects you from change or cancellation of flights (no cost to you to get accommodation and another ticket), offers a lump cash if your baggage is lost – and covers you for accidents and misadventures while aboard.

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Obtaining Insurance Price Quotes

Now days people prefer to do their price shopping for quotes online, and Insurance companies make this easy for you by offering to give free quotes.  Although ‘free’ usually means many followup calls and emails from the company as your information goes into their database. I know personally what an annoying experience this is, as I am still called monthly on my Las Vegas phone number (obtained with magicjack, a voice over internet system) for an online Insurance quote I requested in 2005.  The Indian company that the Insurance company uses to harass me, do not delete my number, and the Insurance company says this is beyond their control. The calls keep coming, I am accused of lying about living in Thailand and not needing American Insurance and I am disconnected when I asked to have my number removed.

For those that want to risk this happening (although I am sure it will be Thai speaking people calling you) some of the major Insurance companies websites (in English) are listed below.

Lifestyle Insurance
AIG
AIA
AXA

Difficulties giving a quote for Insurance

Insurance is one of those things that have a hundred different variables.  How much do you want to be covered for? How old are you? How long is the Policy for? Do you want to have added modules of extended coverage etc.

insurance quotes chiang mai

As I am writing this blog now, I have half a dozen brochures from our own Insurance agent all with tables of coverage and cost wondering how on earth I can make this simple and give you the reader an idea of the price.  The image above is the first page of 2 (6 tables) for the options available for Accident Coverage from one of several companies our agent can obtain an Insurance plan from. Our agent deals with 4 or 5 Thai based companies and 3 International Insurance names.

Insurance agent chiang mai

Chiang Mai Buddy getting Insurance with a Local Agent

thumbs upChiang Mai Buddy Advantage
Obtaining information about insurance is often complex and difficult. Sure online you are given just a few options, and with a few mouse clicks you are all done. You will clearly not have the range of options (and therefore lower prices) that can be obtained by a custom plan – nor will you have an agent who lives in Chiang Mai who knows how to deal with the various companies who your insurance plan will be paying.
We have found an amazing Insurance Agent, and we are more than happy to arrange an appointment for our customers

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Summary

Insurance is one of those necessary thing in life that when you are hard pressed economically tend to get avoided or put on the back burner.  Luckily we are in Thailand, and like so many aspects of living here, the cost of getting Insurance is drastically cheaper than from overseas.  In addition as many Expats know, the amount of work that many Thai Businesses do for you for free or for a tiny fee – makes getting insurance an affordable and easy process.

The real difficultly comes from finding an English speaking Insurance agent that will do this for you.  Many people will use high priced western businesses that act as a middle person on your behalf.  The fee they charge to provide this service for you is almost half what your Insurance Premiums turn out to be, but often since the policies and prices are in Thai, you are never quite sure what you are paying for insurance and what is the middle mans commission.

We at Chiang Mai Buddy also act as a middle man, connection service for Insurance (as well as many other services).    If you would like us to do this, just give us a call on the phone or make an appointment to give us an idea of what you would like and we will pass this information on to our agent.

Rent or Lease Condo House Chiang Mai

How to Lease a Condo or Rent a House in Chiang Mai

How to Lease a Condo or Rent a House in Chiang Mai 538 218 cmbadmin

If you are coming to Thailand to live for six months or more – chances are you will want to lease or rent a condo or house and get greater value over living in monthly accommodation.  Condos and houses are more luxurious than the standard apartment, usually fully furnished and come with all the mod cons of your home country – only much much cheaper.  Assuming you have decided you want to rent or lease your own condo or house – lets look at how to go about this.

OK. first let’s make a distinction in what is an Apartment VS what is a Condo.  (I assume you know what a house is)

Apartment: In Thailand this refers to a monthly accommodation complex that you rent on a monthly basis. All the units in the complex are usually owned by the same person or company and standardized to look the same. Most can be rented on a daily, weekly or monthly basis. Apartments generally come equip with a bed, a TV, a writing desk and a closet. Some will have basic kitchens and the more elaborate have separate bedrooms and kitchens.

Condo: In Thailand this refers to a unit that is individually owned within a condominium complex.  Condos usually have larger areas, and are fully furnished including a bathroom and kitchen.  While it is possible to rent a Condo for 3 months, more typical is a minimum 6 month lease, with a discount in price for longer term rentals.

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In a Nutshell

In a Nutshell

  • Condo for single people and inner city life
  • House for couples and families or the quiet peaceful in nature living
  • Prices range from 6000-25,000 baht (see below for examples)
  • Leasing provides cheaper and better than Serviced Apartments (6 months+)
  • Plenty of both Houses and Condos available
  • Location is Important for lifestyle
  • Real Estate Agents are free for you to use
  • Best deals come from Thai owners who do not speak English
  • Read the Lease contract and understand the ‘odd’ bits

Availability of Condo’s and Houses for Rent and Lease in Chiang Mai

Over the last 5 years there has been an increasing number of newly constructed buildings aimed at foreigners.  This includes both luxury condos and gated communities of houses.  These complexes more and more are being constructed with gyms, swimming pools, community areas, convenience stores and a few restaurants located within the facility or close by. Many of the newer communities fill the 49% foreigner owned quota (everything must be 51% Thai owned) and while Thais own the majority they are able to rent to westerners.  One of the benefits of living among other westerners is the formation of housing associations that ‘motivate’ owners and property managers into taking action on maintenance.

There are of course older places, that are available for cheaper rent.  These places (both homes and condo’s) usually lack the western kitchens and features that you are used too, and have fewer westerners living there. . While these cheaper places are available this article will assume you can afford the US$250 to get the basic luxury accommodation option.

With the massive amount of building taking place over the last few years, and older places being remodeled, there is an abundance of both Condominiums and Houses available

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Location, Location, Location

accommodation locations chiang mai
There are 3 areas in Chiang Mai where the majority of new arrivals tend to populate, depending on their specific requirements, but mostly because of the number of other expats living in the local community.  Obviously there are Expats spread around the city, many choosing to live in the more remote areas, (because they like solitary living or moved in with a Thai person); and sometimes because they want the peace and quiet.

Nimman Area
The Nimman area is located to the east of the old city, and is a thriving and more upmarket area of town.  This is the prime location chosen by the digital nomad community and has many better quality condos occupied by expats.  Close to everything, including 3 shopping malls and many supermarkets the Nimmanhemin (Nimman) area and it’s surroundings is an inner city type vibe.  Mostly Condo’s in this part of town, many new developments finishing each month waiting and ready for lease or purchase.

Hang Dong Area
The Hang Dong area is located just a 10 minute drive from the Old City and the Nimman area.  This area is popular with retiring expats because of the many Moo Baans (gated community developments) and rural vibe.  Beautiful housing developments with lakes, club houses and gyms are located here, along with many large home improvement stores.

Chang Kang Area
The Chang Kang area is located close to the Ping River, which has long been a favorite location for western styled restaurants and night life. It is also close to the red light district, and the tourist oriented Night Bizzare market.  This area of town is populated by many single men, and has a much larger local population that speaks English.

Obviously there are many other places where you can choose to live, The areas above are just a guide, but it is suggested that before you commit to a long term lease, you spend a month or so in a monthly apartment closer to the main city and then explore the various areas.

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How much does it cost to Lease a Condo in Chiang Mai?

A 30 sq.m Condo with kitchen and modern amenities will start at around 6000 baht (US$180), increasing in size to 45 sq.m you are looking in the 9000-12000 baht range. (US$270-360) per month.  Larger 80-120 sq.m 2 bedrooms places are around 18000-25000 baht (US$549-760).  One of the first things many new arrivals notice (especially from America) is how small the condos are here compared to where they are from.  You very quickly adapt and begin to enjoy the smaller units, with less cleaning required, ease of getting around from kitchen to bathroom etc.  Price will often depend on the extra facilities of the condo, Gyms, Pools, Massage and location will all add to the price.

chiang mai condo penthouse

A 2 bedroom 100 sq.m Condo with style will cost about 20,000 per month

Chiang Mai Condo

45 sq.m modern unit will cost between 10,000-12,000 baht per month

Chiang Mai Condo for rent

A Condo like this will be about 8000 baht per month

The Advantages of Renting a Condo

Renting a condo or an apartment in Chiang Mai will provide you with greater access to amenities and better security.  Most complexes will have electronic key cards, security guards and CCTV monitoring, it can be difficult for visitors to reach you without arranging to meet them in the lobby.  Condo’s will often also have gyms, shops, pools either inside the complex or located close by to service the people living there.

Living in a condo provides a greater social life, with the opportunity to bump into and get to know the other 50-500 tenets living there (depending on the size). Staff at Condominiums will often help you with bills or letters that you do not understand in Thai, and are used to dealing with westerners and any of the little and niggling complaints we might have.

Condos can be leased for shorter periods of time (3 months plus) with the price in rent going down the longer you stay.  For example a 12,000 baht a month place for 3 months, might be 11,000 for 6 months and 10,000 for the year.  Condos are usually located in the heart of the action, just a short walk to your local community and the activities you will spend the majority of your day doing.

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How much does it cost to Rent a House in Chiang Mai?

Houses are available in the inner suburbs and city itself, and these tend to be older (often Thai style) and can start from as low as 5000 baht maybe 8000 baht for a two bedroom.  The further out you go the bigger and newer the houses become with more western features. Many expats decide that they want to rent a house in a Moo Baan (gated community) which are usually located in the Hang Dong and surrounding areas.  Older styled houses are found closer to the city areas (and also outside the city) which are smaller and basic sometimes with a yard, but usually close to the neighbors.

lease house chiang mai

A newer 3-4 bedroom house can be found as low as 9,000 baht but generally 15,000 plus

Rent House in Chiang Mai

Older styled houses, 1-2 bedrooms can be found from 8000 baht

The Advantages of Renting a House

Renting houses in Chiang Mai is a better value for money often for the same price as an inner city condo you can get a 3 bedroom house with gardens, patios, and if located in a Moo Baan, community pools, gyms and club rooms. The city is only 10-15 minutes away and usually you have tropical scenery around to view.

The house offers you space!, either for yourself and your family or if you decide to get a live in maid or home help.  Many come fully furnished, others do not, and you will be expected to take out a longer term lease (most are yearly).

Living in a house allows you to potter around in the gardens, and not sacrifice having to live in a minimalist style (you can fit more ‘stuff’ in a bigger house compared to a Condo).