Archive
Thailand targeting retirees
Dec 11 2007
1 min read
The Weekly Source

Australian retirees are being lured to Phuket Island in southern Thailand with special visas for foreigners who can prove they have retired with adequate monthly income. The Thai government also offers tax incentives to developers of retirement accommodation. A South Korean development is building a 150 condominium plus Marina project in Phuket specifically for the Australian retirement market, citing that living costs are a fraction of those back home.

Latest stories

Development

Only in SATURDAY: why future proofing villages building to 9C pays

Building retirement villages to Class 9C standards can add up to 10% to the total cost of construction. But for a growing number of operators, the upgrade is no longer optional.

Caroline Egan
10 hours ago
The Weekly SOURCE

AN-ACC class reweighting leaves AdventCare $192K short of budget

David Reece, CEO of Not For Profit AdventCare, which operates two aged care homes in Victoria, said overall the AN-ACC changes announced last Friday afternoon will leave them $50,000 short of budgeted income this year.

Caroline Egan
15 hours ago
The Weekly SOURCE

WA’s Shire of Manjimup seeks sale of aged care assets

The Shire of Manjimup Council has voted unanimously in support of a plan to seek Expressions of Interest for the Council’s aged care services, include home care, Moonya Aged Care Home (run by BaptistCare), and land promised for a future aged care home.

Caroline Egan
15 hours ago
The Weekly SOURCE

Sam Rae visits Illawarra as region faces nation’s highest rate of ‘bed block’

Federal Aged Care Minister Sam Rae has visited Wollongong to meet with community and industry leaders in a region estimated to be 1,000 aged care beds short.

Caroline Egan
15 hours ago