Thailand has always been hugely popular with expats. After all, it’s a beautiful country, which is inexpensive compared to most of the Western world. But is now a good time to move there? It may be worth considering, and here are some things you need to think about if you plan to make the move.
Thailand is popular with all sorts of expats
It’s not just young, single people who move to Thailand. All sorts of expats go there at all stages in their life, from families to retirees. However, you’ll need to keep in mind things like visa requirements, which can be complex if you’re not of working age.
Expats will find a selection of jobs
Thailand has a booming economy, and not all the jobs are tourism and hospitality related. There are also people moving over there for everything from finance jobs to IT, so it’s worth researching what kind of jobs are around. You should also register with some recruitment companies Thailand, as they can look for suitable jobs on your behalf.
Take all expenses into account
Whenever you move to a new country, you need to know what you’re letting yourself in for and moving to Thailand is no exception. You should make sure you budget for:
- Private health insurance
- Private schooling
- Renting or buying a property – buying a property overseas with a mortgage is extremely difficult
- Day to day living costs – in some respects, Thailand is cheap, but in some areas, expenses may be higher than at home
Think about your specific lifestyle and the things you spend money on, as this will help you draw up a budget. You can then decide whether you’ll be better off, or whether you should save more before you make the move. Many expats move to Thailand without really thinking about the financial implications, and you need to know what you’ll be spending to maintain your lifestyle.
Is now a good time to move to Thailand? The answer will depend on many factors, like what you do for a living and what you want out of your lifestyle. A move to Thailand can be a good idea if you have secured a job there, and the country offers a lot for expats, but you should weigh up the pros and cons before you move. That way, you can be sure you’re making the right choice when you board the plane.