It’s no secret that Bali is a beautiful place. This fact also makes many people want to stay on the Island of the Gods longer. It doesn’t matter whether you are old or young, Bali is still a suitable destination for a holiday. Even though it’s not just a holiday, Bali is also considered a comfortable place to live.
Not long ago, a travel consulting company, International Living, released a list of regions or countries in Asia that are the best locations to spend your retirement. Bali is on this list, ranking fourth as the best location to spend retirement. Thailand is in first place with a Global Retirement Index (GRI) score of 72.9 points.
Meanwhile, the Global Retirement Index (GRI) score for Bali itself was recorded at 69 points. The second best location in Asia to spend retirement is Cambodia, with a GRI score of 72.3 points. Malaysia is in third place on this list, scoring a GRI score of 72 points. The fifth location in Asia to spend your retirement is Sri Lanka, with a GRI score of 68.9 points. Below Sri Lanka is Vietnam, which collected a GRI score of 68.3 points.
The assessment indicators taken by International Living in releasing this report are based on 10 assessments of the 2022 global pension index. The 10 assessment indicators include housing costs, visa convenience, entertainment centres, health facilities, infrastructure, climate conditions, government governance, benefits and discounts, and climate/weather.
Bali has become an increasingly popular destination for retirees, offering a perfect blend of lifestyle, affordability, and natural beauty. With its relaxed atmosphere, warm climate, and rich cultural heritage, Bali provides a serene environment that appeals to retirees seeking a slower pace of life.
The cost of living in Bali is significantly lower than in many Western countries, allowing retirees to enjoy a comfortable lifestyle on a modest budget. From affordable housing options to inexpensive dining and leisure activities, Bali offers excellent value for expats.
The island also boasts improving healthcare facilities, with public and private options available. Many hospitals and clinics cater to international standards, ensuring that retirees can access quality care at reasonable costs.
Bali’s combination of a welcoming expat community, attractive lifestyle, and affordability has made it a top destination for retirees worldwide. Whether looking for a beachfront retreat or a home in the lush countryside, Bali offers an idyllic place to spend your golden years.
Reason 1: Affordable Cost of Living
Enjoy a High Quality of Life at an Affordable Price
One of the biggest draws for retirees in Bali is its low cost of living compared to Western countries. With significantly lower expenses, you can enjoy a high quality of life without breaking the bank.
Bali offers excellent value, from affordable housing options, whether renting or buying, to inexpensive utilities and daily essentials. Dining out is also incredibly budget-friendly, with a wide range of options from local eateries to fine dining, all at a fraction of the price you’d pay elsewhere.
For retirees seeking comfort and a laid-back lifestyle, Bali provides an outstanding quality of life at a much more affordable rate than many other countries.
Reason 2: Warm Climate and Natural Beauty
Year-round warm Weather and Stunning Scenery
Bali’s tropical climate is one of its most fantastic attractions, offering warm weather throughout the year. This pleasant climate is ideal for enjoying outdoor activities year-round, whether relaxing on the beach, exploring the island’s lush landscapes, or participating in local cultural events.
Retirees can access beautiful beaches, serene rice terraces, and verdant hillsides, providing a stunning backdrop for a tranquil lifestyle. Bali’s natural beauty enhances the island’s appeal, offering a peaceful and picturesque setting for those looking to unwind and enjoy their retirement.
Reason 3: Friendly Expat Community and Local Culture
Be Part of a Welcoming Expat Community in Bali
Bali boasts a strong and supportive expat community spread across the island. Retirees can easily find opportunities to engage in social activities, clubs, and meetups, making it simple to connect with like-minded individuals.
The island’s warm and hospitable local Balinese culture further enhances the experience, offering an easy and pleasant integration into the community. Bali’s friendly atmosphere ensures that retirees feel welcomed and at home in their new environment.
Reason 4: Excellent Healthcare Services
Access High-Quality and Affordable Healthcare
Bali provides modern, affordable healthcare facilities that meet international standards. Key locations such as Denpasar and Ubud are home to reputable hospitals offering top-notch medical care.
Retirees have access to Western and alternative medicine practices, catering to various healthcare needs and preferences. The island’s healthcare system is designed to ensure that retirees receive quality care without excessive costs.
Reason 5: Diverse Real Estate Options for Retirees
Find the Perfect Retirement Home at Great Prices
Bali offers various affordable real estate options, including beachfront villas and modern condos. Retirees have numerous opportunities to find their ideal home at competitive prices.
For those interested in investment, Bali’s real estate market provides excellent rental potential for additional income. Additionally, favorable long-term lease agreements for foreign retirees make securing a comfortable and enjoyable retirement residence easier.
Conclusion:
Bali stands out as a premier retirement destination thanks to its affordable cost of living, year-round warm climate, vibrant expat community, and high-quality, affordable healthcare. These factors combine to offer a retirement lifestyle that is both enriching and accessible.
With its stunning natural beauty, friendly locals, and diverse real estate options, Bali provides a balanced and enjoyable retirement experience. Whether you’re seeking tranquility, social engagement, or excellent healthcare, Bali has something to offer.
Interested in retiring in Bali? Start planning your dream retirement with Bali Investment and make your move to this paradise a reality.
