Worldwide competition for retirees is building

INDIANAPOLIS: Retirees have become a growth industry for second and third world economies. Malaysia offers visas for international retirees; Bali is funding retiree villages, dementia resorts have opened in Thailand, medical tourism has become an Asian/Middle Eastern focus and 10 per cent of western retirees are looking for a ‘second life’ experience different from the first 60 years…

The competition:

5. Chiang Rai, Thailand

Chiang Rai is a very cheap city. Chiang Rai is located about 100 miles from Chiang Mai, in Thailand’s northernmost province, and is surrounded by mountains, rice fields, forests, rivers and waterfalls. Although expats should expect a rural lifestyle, Chiang Rai does offer the basic amenities – including restaurants, a hospital and a shopping mall…

Full story covered in the Seniors Housing & Healthcare Trends.

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