Chiang Mai has been listed fourth in a top ten list of the best places to retire by an influential worldwide publication.
In its 10 Best Places To Retire Overseas In 2014 report, Live and Invest Overseas said the northern Thailand city is noted as having been luring expats from the west for many years with its low cost of living and great weather.
The report adds that the high-quality healthcare and health-related services are also big pluses for foreign retirees, while Chiang Mai boasts modern infrastructure and an abundance of Western amenities.
“It’s also a place where it can be possible for foreign retirees to find work if they’re interested in supplementing their retirement nest eggs or simply looking to become involved in their new community; many Westerners are employed in Chiang Mai in language schools, universities, medical facilities, and tourist-related industries.”
Malaysia’s Georgetown was ranked third in the report, with Cuenca in Ecuador in second place at the Portuguese Algarve topping the list.
To compile the list the authors assess statistics including climate, cost of living, crime and real estate – to name a few.