A low-cost retirement spot in Asia

The Thai city of Chiang Mai has long lured expats from the West. As many as 40,000 foreigners currently call Chiang Mai home, at least part of the year. The primary draw is the cost of living and medical care. Both are a global bargain. In addition, Chiang Mai boasts a more temperate climate than much of the rest of this country, as well as modern infrastructure and an abundance of Western amenities.