I have got a chance to interview retired American couple who have settled in Thailand after their retirement. They said that their dream is to live in beautiful climate, cultural experience, and affordable healthcare with lower cost of living. Their destination is Thailand, where is small country in southern Asia. The living cost in Thailand is lower than New York with more than 10 times; they said. With the same amount of money, they can afford more activities, travel, and even access the good private healthcare services. However, the uncertainty of exchange rate can affect the cost of money.  The big issue of foreigner who intend to live in Asia is security. Thailand is peaceful and they said you need to know where to go and where not to go, do not take yourself into the risk.

Thailand provides the retirement visa that the foreigners should put saving about $25,000 into Thai bank account and income of $2,000 monthly. With this amount of money, the couple can access the basic accommodation and comfortable lifestyle. This provide the basic pictures how much they need for settle in Thailand (as example). Thailand allows the foreigner to invest the local business with less than 50% share with Thai citizens. With about $50,000, the couple can travel the whole years in Thailand and will left $25,000 by end of the year. In other ways, they can think of starting some business in Thailand to achieve their dream with less cost of investment, lower cooperate tax compared to western country. Only one concern is you may need to learn Thai language.