Its actually very nice. All the lessons cost some money. Not too mention fantastic restos of any and every type of cuisine! They are usually friendly and helpful and will fill in the form for you. It takes 24 hours of flying to get home. I am about to take 6 months of work And get A 3 month visa stay in thialand I want to give chang Mia Ago around June and rent for 3 weeks Can you recommend a good location that is quite close to shops and all amenities this will be with a view to retire with my thia girlfriend in 2017 Any help would be appreciated. Lucky me I recently found your blog by chance (stumbleupon). Were actually considering retiring in a more expensive country (Germany, Austria, Switzerland are on the list), but we dont know much about how wed go about doing that especially since we dont have any family or other ties to those countries other than that we like them. Ride a bus, a train, and even a ferry. I LIVE IN Thailand and I must say I am quite impressed with your cost of living figures, have lived in Thailand since 2003 now. Having a Thai girl by your side makes it possible to get to get to know the I want to know, what people are saying and I want to be a full part of society there instead of being a tourist or bystander. Healthcare is important to factor into your budget. Then language is taught here from the very first say at school, and most Fil. And consumer prices in the Big Apple are almost 91% higher when you exclude rent. + Best Visa Run Option, Contact |Privacy Policy|Site Terms & Disclaimer|Media Pack. Theyve been married for eight years. The following two tabs change content below. Touching base again. But your familys living on $1,300 per month sounds pretty luxuriant too so I guess it could really be possible to make a good living there for around $1,500. George Town, Malaysia. Well see. We then want to find various places in Thailand and Vietnam where we can enjoy staying anywhere from 3 to 6 months at a time. Best VPN to Protect Your Online Privacy, 5. Locals who eat out every meal at cheap food stands or take out can probably keep it under $200/month on food. Were also considering some international options for our pretirement years. If you eat local, and live like a local and not an expat, it will be much cheaper. The heat/humidity isnt bad at all right now. However, Id just as soon be within the borders of the US with its amazing depth and breadth of resources, than Thailand. It will be great to visit South American for a couple of years. Asia is more expensive than Europe and the US for most modern day items these days. The housing cost looks reasonable, irrespective of whether one rents a condo or buys one. What is wrong with that? I would love to retire in Italy for a few years too. Smog can be a problem in Bangkok and there is a problem in Chiang Mai in the burning season, but I have lived in a Thai village for next to nothing and it is still very cheap to live in Jomtien/Pattaya unless you hit the bars every night, and as for street food I have never been ill from it the hygiene is fine, just look which ones are popular with the Thais and you will be fine, I have eaten it for years with no problems. Copyright 2022 Filipino Wealth FilipinoWealth.com. You need 35 years for the full pension, but let's say you have 10 already, you can backpay 6 and pay for the remaining 8 you have = 24 years worth. It's impossible to say exactly as the final rate will depend on the amount and what type of income it is considered. Best Parent Student Loans: Parent PLUS and Private. Please review our That being said, the current glut of available condo rentals in Bangkok may make my concerns moot. + Open a Thai Bank Account The process for getting a retirement visa is relatively simple, but it can also become quite long depending on how, exactly, you want to spend your retirement (more on that in the next section). 2023 Retire by 40 Can you share your cost of living? The point is we never felt poor or like we were scraping by. According to March 2022 Numbeo, a site that collects cost of living data from around the world, the average cost of living . Great post! Then you have to be able to speak Thai to not pay an inflated price here and there. In preparation for this article, I asked a few close friends of mine who are single Thais and why they prefer foreigners? I personally quite like Vietnam, but I just don't get the same vibe there as I do in Thailand. To live like that is to live a life short changed, and to be forever wondering Is this all?. My sister is always struggling with money and drugs: I own a house with my husband and mother. Interesting. For a comparison, a one-bedroom apartment in the city center of New York costs under $3,100 per month in rent, which is almost five times more than Bangkok. Professional athletes come to Piyavate Hospital for orthopedic surgery critical to their careers. After all, my girlfriend and I lived in Phuket on only $1300 a month, about $700 of which went to rent a beautiful and very modern new house which was built around its own swimming pool. Id probably take the train or fly. Put your thumb in the pie, your finger in your eye, and spend a night looking at the sky. Thats a law that dates back to the Vietnam war. We are at Thousand Oaks fro past 25 years and now kids are at college . Another option would be to purchase the house (you can own the house, just not the land) and then do a 30 year lease on the land. I have been saving my whole life for this, and I cant wait for this new adventure of mine to start. Most apartments and many houses come furnished. I thought the city had a great feel to it, a nice pace, great cost of living, and Thai food is the best. I think you really should split it and invest some. A doctors visit costs $10, but pharmacists can handle many problems. You just need some income (around $2,100) or a net worth of at least $26,000. I visited Thailand twice in the last 4 years and I sensed that I probably end up moving to Thailand someday when the time is right. We been USA over 30 year and it is boring so we keep going Thailand . Sorry, Im not that helpful. I have many friends that have gone to Thailand and loved it. Phuket is a great place to visit. Having travelled throughout Asia as both a professional, and a tourist, I understand the value between living on company time, and living on my own dime. I mentioned that eating local food will make a huge difference. This is a great plan, Joe! Id probably look into homeschooling if we move to Thailand while he is in school. And in some parts of the country, farmers burn their fields from the middle of March through May to prepare for the next planting, creating air-quality concerns. I believe the entire text of the Thai wiring code is: "Don't let the smoke out." In Manila, it would cost me around $3000 a month even though I own my own two bedroom flat in Makati City(very expensive area, like Asok or Thonglor in Bangkok), because all the surrounding restaurants are expensive and so are the nice grocery stores. Also, the other tax issue is US taxes. Let me know if you have any specific questions and Ill get the answer for you. Other parts of Thailand that are great places to live are even cheaper, and life can be cheaper yet in other parts of Southeast Asia, he notes. Here's what you need to know about retirement in Thailand. It really depends on the accommodation. Ive also thought a lot about moving overseas for the lower cost of living as a way to afford early retirement and cover the gap prior to being able to tap into SS and medicare. My girlfriends family has five sea front houses. Stray dogs are everywhere. However, if you compare a popular U.S. city for retirees like Sarasota, Florida, consumer prices are 52% higher than Bangkok when you exclude rent. As some of our long-time readers may know, my parents are semi-retired in Chiang Mai, Thailand. Id like to live there for a few years too. They dont keep track of every dollar so this is just an estimate, but they generally spend about $1,300/month and live quite comfortably. Living outside of the city center could cut your rent to roughly $300 per month. Im looking for safe, friendly cities to retire abroad on $2,500 or less a month. Now you can get a retirement visa thats valid for a year. Thailand Expat Forum for Expats Living in Thailand, Getting married for sex is like buying a 747 for the free peanuts - Jeff Foxworthy, Australia Expat Forum for Expats Living in AU, Britain Expat Forum for Expats Living in the UK, Dubai Expat Forum for Expats Living in Dubai, Spain Expat Forum for Expats Living in Spain, France Expat Forum for Expats Living in France. I do some research. Nonetheless, finding the right one is often the challenging part. I live in Doi Saket with my Thai wife and we LOVE IT! From past over 20 years we visited Bangkok and other places every year twice . #1: Never live alone. Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century. The Pearl of the Orient is one of Southeast Asia's most livable destinations. I think the Thai government prefers short-term visitors. Sorry, I dont know much about the law. Hope you all are doing well . 2021 is about as much a mess as 2020 so far in US this year. We have almost no mosquitoes year round. That's true. Chiang Mai is cheaper than Bangkok, but it sounds as if it isnt THAT much cheaper any longer. Although foreigners cannot own land directly, many buy houses with 30-year extendable leases on the ground the house sits on. Simply. There are many affordable public transportation options in Thailand. I don't plan to travel outside Thailand once I go back (unless I win the Thai Lottery!). Kindly break down your monthly budget and how many people it supports. I think healthcare is much more affordable in Thailand than in the US if youre young and relatively healthy. This amount covers most areas, but if you are situated in Phuket or Bangkok, a single man would need at least $1200 or more. From what I understand, foreigners can buy condos, but not lands. I plan to live comfortably on USD 2,000 per month, and set aside some money every month for medical expenses rather than pay an insurance premium. Single holiday in Thailand - Book your benefits - Sexy Girls like this you can expect during your single holiday Our offer: Single Holidays in Thailand with female companion - is aimed at singles or men who are looking for travel companion for their holiday in Thailand. There are four steps to acquiring a visa to retire in Thailand. We would recommend that a bare minimum for living costs in Thailand should be closer to $1,200 to $1,500 per month. Thailand does seem very affordable and buying places and renting them out to others would be a nice income stream. If only we could go back in time! My parents own a home in Malaysia that I will inherit at some point, I may still decide to return to Malaysia when the time comes. I was very happy thinking I found the resources I needed and then I heard something about "taxes" in Thailand? The government requires that you have income of 65,000 baht deposited in a Thai bank every month; thats less than $2,200 at early 2021 exchange rates). 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