Retirement & Benefits Guide · MongoliaRetirement & Benefits Guide in Mongolia
Retirement visas, pensions, and healthcare for retirees
Retirement Visa Program
No dedicated retirement or passive income visa exists for Mongolia. Expats can apply for temporary residence permits via investment, work, or family reunification, typically requiring 90-day visa extensions or business registration.
Pension System
Pay-as-you-go system transitioning to semi-funded NDC model with personal accounts since 2024. Retirement age 60-61 (men), 55-58 (women) with 15+ years contributions; flat-rate basic pension for 65+ (50,000-250,000 MNT based on age).
Pension Adequacy
High replacement rates historically but sustainability concerns due to aging population; supplementary pensions planned. Basic flat-rate pensions provide minimal support, varying by age.
Healthcare Access
Mandatory social insurance covers healthcare for contributors and residents; public system available but quality varies with urban-rural gaps. Private options exist in Ulaanbaatar, often required for expats.
Cost of Living
Retiree Community
Senior Benefits
Tax Benefits for Retirees
Standard tax rates apply to foreign pensions and income; no special retiree tax programs or exemptions identified.
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