For decades, Bali has been considered a destination that best serves young backpackers and wandering hippies.
Nowadays, however, Bali’s tourism offering is far-reaching, from honeymoon couples to young families and even to retirees; the Island of the Gods has a travel experience for everyone.
According to a study conducted by the travel consulting company International Living, Bali is ranked as the fourth best destination for traveling retirees in Asia.
The company used ten scoring indicators to gather data during the 2022 global pension index, and they have recently released their findings.
The scoring indicators included housing costs, visa facilities, entertainment, health facilities, infrastructure, climate conditions, governance, benefits and discounts, and weather.
Based on all these factors, Bali ranked as the fourth best place to spend retirement in Asia. The Island of the Gods scored 69 points.
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Thailand came in first place, but not by a huge margin compared to Bali.
Thailand scored 72.9 points. Cambodia came in second place, scoring 72.3, with Malaysia coming in third with a score of 72.
Sri Lanka and Vietnam came in respectable fifth and sixth place as the best retirement destinations in Asia.
So what makes Bali an ideal home-from-home for retirees?
Well, lots! In fact, Bali is a very family-friendly destination; much of the tourism offering in Bali is centered around the family unit.
Many of the island’s leading hotels and accommodation complexes are designed with families in mind. Hotels and villas in the Sanur area are especially good for intergenerational family holidays.
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If you are thinking about retiring in Bali and want to take a family trip to the island before you commit, be sure to explore the coastal town of Sanur.
It makes for an ideal launch pad to explore the rest of the island and is a popular destination for expat retirees.
You may well make some new friends before you make the leap!
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There are many things to consider when it comes to retiring abroad; we must think about visas, medical care, housing, community, infrastructure, and leisure facilities, not to mention culture too.
Balinese culture respects its elders, and it shows.
Not only are foreigners in Bali treated as guests, but the older generation is often afforded a little extra TLC as they explore the island.
Bali has long been the retirement destination of choice for thousands of Australians, and the island is now becoming more popular with retirees from around the world.
There are various visa options for those who wish to retire in Bali. The newest visa option for retirees in Indonesia is the second-home visa.
Though not specifically a retirement visa, the second-home visa is available for retirees who wish to invest in property in Indonesia.
The visa requires applicants to deposit USD 130,000 into a state-owned bank account and entitles the visa holder to a temporary residence in Indonesia for up to 10 years.
The most common visa option for retirees in Bali is the retirement KITAS, which is available for international citizens as young as 55. The conditions are pretty straightforward for most people.
You must have at least USD 18,000 in savings, have sufficient health and life insurance, have a rental agreement in place for your home in Bali, and be willing to employ at least two Indonesians at your home.
Many people choose to retire in Bali for the relaxed atmosphere, access to facilities and social life, and cost of living.
All of these factors generally create a better quality of life, especially in retirement, than in a retiree’s home country.
The tropical weather and stunning beaches play a big part in attracting retirees to the island.
Popular areas for expat retirees include Sanur and Jimbaran, Kuta is another area popular with both tourists and expat retirees.
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