Just eating out. Thaiger Video Sunday, March 6, 2022. Thank you Molly! But, apropos of the study, the 70K may be low for Bangkok, particularly given the maintenance of a living standard. After all that, return home, count your smiles, friends, kisses, and maybe even a tear or 2, and then dig deep to see what it is all worth. 55 Vs 35. So you're looking for a woman about. For example, its hard to get really good rice in Thailand anymore for example. That sad with all that there is plenty of great stuff to surprise you that is not quantifiable in monetary terms. Lots of people lost power, a big branch broke off our neighbors tree and almost hit our house, our gutter froze and our basement is wet, our car needed to be move, and lots more. I was graduated in Chiang Mai University decades ago. I realize that to each, one's own but for me being unable to cook or to have a space dedicated to "work" and "relaxation" would be a bitter pill, indeed. My dad likes to eat seafood so thats why his food expense is so high. of those are not designed for the same living/cooking/entertainment/working standard most retirees would be accustomed to. Kamala Beach has a small but closely knit expat community, he says. Inflation is also quite high in Thailand. Itll be a lot worse later. It actually costs me less in the US to retire even in Berkeley, California since Im familiar where to get all the cheap groceries and entertainment since I know most music venue owners who let me in for free. While the weather is hot and humid year-round, some months of the year are hotter than others. And it was fun. If I travel so far only to find modern life there as hectic, expensive and anxiety ridden as where I reside, that would be a bummer. How do you do that you ask? Food carts are a way of life in Thailand. Sign up to receive new articles via email. But Im biased, because we did it. Like many second world countries, regular reports of police corruption may worry some, but these problems always seem to exist where it's cheap. Read more here: Really interested to hear of your experience and whether you have decided to settle in Thailand. And no i dont live extravagently. The weather is sunny and hot, and there are plenty of beaches to kick back on. My dad just got a 1 bedroom for about 1.5m. I sometimes wonder about moving to a more affordable place to retire but I think it would be hard to leave family and friends. To qualify, you must be 50 years. I first wrote this post in 2013 when I came to see my parent. Which is really encouraging! Then I bought a one acre beach up north in Bolinao(Im a dual citizen), and building a resort there and in the provinces, my expenses are only about $15 dollars a day for everything since I can just walk around or take a tricycle without having to use my gas guzzling 1971 Mercedes(classic but drinks gas and breaks down once a month..lol). The climate is tropical. Expat Forum For People Moving Overseas And Living Abroad. Whether you need life insurance, pension planning or other investment advice, I can connect you with my personal IFA. Estimates for the cost of living in Thailand generally say it's between 35% and 75% cheaper than living in the U.S. You have to provide a letter from the bank showing proof of deposits. 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. Alas, as it always is the case in any kind of FIRE analysis anywhere: The gigantic elephant in the room is always health care cost. . If only we could go back in time! I would like to take a year or two in retirement and stay in Ecuador or Chile, then another year or two in Spain or Italy. Based on what we've seen at construction sites and from what we can tell about our own house, walls are constructed using a single layer of concrete or wood. Chiang Mai and Bangkok are tourist traps and I think thats why the prices are so much higher. For example, in Thai society, if a woman is slightly overweight, she can be seen as fat, but she can be seen as slim or average in the West. (Photo by George Styllis), Thailand's battle to drive down currency will not end well, Thailand keeps doors open to Chinese tourists, Thailand's famed 'Rose of the North' is wilting, Thailand GDP growth slows to 2.4%, lowest in five years, Thailand confirms first human-to-human spread of coronavirus, Thailand cuts interest rates to record low as coronavirus spreads, Thai banks give coronavirus-hit borrowers one-year moratorium, Thailand's budget delay seen exacerbating economic woes, Japan's capital spending up 7.7% despite weaker profits, China manufacturing expands at fastest pace since April 2012, Australia economy slowed in Q4 as headwinds mount. In regards to Paul Smiths comments about having food and sex for little or nothing, I think is a mis comprehension of Asia that belongs in the 70s and 80s. An important point that you mention is the cost of medical care in Thailand. Living it Large in Thailand Now, if you were working with $5,000 per month for living costs, you could really push out the boat and live an extremely comfortable lifestyle. You also need to have a valid passport that doesnt expire for at least one year. But even as he headed to Phuket, he kept his options open. During the hot season, temperatures can stay above 100 degrees Fahrenheit for weeks at a time. We're back from our retirement research trip in Thailand and I've got good info to share. Your best bet is to work with a tax accountant to file your taxes. What about Vietnam? #1: Never live alone. Though it has depreciated in the past two months, it is still significantly stronger compared to three or four years ago. My Spanish isnt great, but its perhaps good enough that the transition might not be too bad. The food looks great. Who the hell are you?! I might spend more once I get used to the social life here. You can also pay 8k for a very modern studio apartment, or 35k for a 2 bed. I always think 'wonder how long I could last on x amount?' I would have to agree with Micheals comments. And keep in mind that because Thailand is in a tropical area, the wildlife is very diverse. In my mind the best option though is to just stick with a condo and be spared the legal hassles. Isnt that why you moved? In my opinion, I believe the Thais are the friendliest people I have had the pleasure to meet. To see how far your benefit could take you, try this. The bottom line for Bowen is theres no going back to the U.S. Kamala Beach, he says is gorgeous it really is one of the most beautiful places in the world.. Most markets offer a wide variety of fruits, vegetables, herbs, spices and other cooking products. This is much less than our current expense of about $4,800/month here in the US. My dad is picky about some stuff so thats why his cost is pretty high comparing to locals. The Most Important Ages for Retirement Planning: Age 50, The Most Important Ages for Retirement Planning: Age 59 , The Most Important Ages for Retirement Planning: Age 65, The Most Important Ages for Retirement Planning: Age 66, The Most Important Ages for Retirement Planning: Age 70 . lifestyle as a single man living in Thailand. It's a little more complicated - read more here -. We been USA over 30 year and it is boring so we keep going Thailand . But this is surprisingly accurate. When you purchase through links on our site, we may earn an affiliate commission, which supports our community. Read some more info HERE. The original retirement study can be found here. I am bookmarking this and will surely use it many times in the future, Its interesting comparing the cost to living in Phuket http://lovinglifeinasia.com/my-cost-of-living-in-phuket/. Renting a place (no property taxes other than whats included in rent) and not owning any cars (no payment, gas, insurance or maintenance costs) would save a lot. A health savings account is a beneficial tool for retirement planning. Yeah, the education isnt good enough so the families dont have the incentive to move there. Most said preference, but upon digging deeper, some would say that the local men are not good and cheat, and therefore, they prefer foreigners who they see as being more loyal I would add that this is a generalization, but this is what they mentioned. The weather, which is beautiful for a few months of the year, may be too hot for the rest of the year. How far away to the beach driving? Hi Joe, this post brought back some great memories from when Sally and I visited Chiang Mae a few years back. If you are an American citizen you are allowed to own 1 rai of land. Units with 2 or 3 bedrooms in the centre of town cost $750 USD per month and $250 USD on the outskirts. Ive saved it for later! Sorry, you'll have to zoom in on the image to see the country names. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. Here's a look at the most recent IRA and 401(k) tax reform laws. You're probably thinking that Portugal, Italy and Mexico look like pretty good options, but you like Asia, right? I would love to have 70,000 Baht ($2,333) for retirement in Thailand. Asia is more expensive than Europe and the US for most modern day items these days. Interesting. It is not the most similar to U.S. culture. Jim Barnash is a Certified Financial Planner with more than four decades of experience. Oh and if you drink you will have to be happy drinking the awful mass produced beer (Heineken is one of the worst). The housing cost looks reasonable, irrespective of whether one rents a condo or buys one. They are cheap to own and operate. Perhaps when medicare kicks in so I dont have to worry about medical cost as much. Locals who eat out every meal at cheap food stands or take out can probably keep it under $200/month on food. The cost for that Japanese food is STILL about 30 to 40% of what I pay here in the US. No problem. My wife is Thai and we have been planning for our future in Thailand even since we got married 9 years ago. Tags: retirement, money, Thailand, moving. The Best Affordable Places to Retire Overseas in 2021. I smell PTSD payout. There are many reasons why you might need to get additional permits or different visas. Ive been thinking more about central and South America. Im sure we would have a tough time at first too. Thanks for the information. For the largest selection of properties in Thailand, and a completely free service, To keep your data secure you should use a VPN when using public WIFI and when accessing internet banking and other sensitive information online. My thoughts are turning to retirement however, I would still like to work as I am fit and healthy. When you factor in utilities, that cost reaches more than $640. Currently I have enough for a retirement visa in my Thai bank account and overall I have about 600,000 baht to my name - I could possibly double that if I spend another year working here in Vietnam. I did not have any problems eating at local food stalls. That said, unsophisticated crime is rampant in Ecuador. Thailand's foreign retirees see their good life slip away, Pattaya has been popular with foreign expats and tourists since American servicemen flocked there during the Vietnam War. Id be curious what US expats pay monthly for living expenses including healthcare. IF you can stand being a little more spartan, you could try somewhere in ISSAN (thats NORTHEAST THAILAND) for an even lower cost. It really depends on the area. So basically, taxes and insurance. Nikkei Inc. No reproduction without permission. Of course, booking a girl for your Thailand holiday does not mean treating them like a commodity, but treating them with respect, as you would like to be treated. Canada is also a good option for health care. The financial requirements are: Bank account with THB 800,000 or. Our Top 5 Locations to Retire in Thailand 100% PASSIVE INCOME Hands-off Rental Guarantee Investment Fixed 8% P.A. Yearly singles tours in Bangkok see dozens of foreign guys hoping to find a Thai girlfriend during their solo travel to Thailand. tamsin - speak for yourself! 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. website. Im very curious to find out because we are planning to live in Chiang Mai for a few years after Mrs. RB40 retires. 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). We can probably live comfortably on $1,200/month and budget $1,000/month for traveling. I can find a small room in a hotel A/C, fan, refrig, hot water about 800, 900 meters from the beach for maybe 5,000B plus power and water (power is 5B/ unit and water is about 100B/ week). You could rent the same motorbike for about 3,000 baht ($95) per month. While Thailand is a very affordable place to eat, drinking can be expensive. As some of our long-time readers may know, my parents are semi-retired in Chiang Mai, Thailand. If you fail to do this, your visa may become void. A bit cooler than Portland, but quite similar climate overall. Not too mention fantastic restos of any and every type of cuisine! My dad guesses they spent around $25,000 to deal with the stroke and the aftermath. There are many temples, festivals, and activities to do around Chiang Mai. The cost depends on the location. That is renting a furnished home that will allow friends to visit. If you are looking for a quite paradise that is affordable contact us at [emailprotected]. I averaged about $15 a night for a nice mid level hotel and around $8 a day for food in Chiang Mai ( about 1.50 breakfast / lunch and $5 dinners ). If you start investing now, youll learn more about investing. When Medicare kicks in, we can move back to the US part-time. How in the holy hell do you spend $4,000 per month without living at least somewhat extravagantly? I might have to drop by and say hi when were over there. Anyone considering a move should also make sure to research the Thai culture. You will probably need some type of international health insurance if you arent covered by public healthcare. Sometimes it makes more sense for one member of a married couple to keep working. Do they have good cheap massages in South America? From when to retire to how much to save, here are expert-backed answers to crucial retirement questions. A new Yamaha Fino automatic scooter can be purchased for 44,000 baht ($1,400). and have not been previously reviewed, approved or endorsed by any other + Best Visa Run Option, Contact |Privacy Policy|Site Terms & Disclaimer|Media Pack. My parents are pretty frugal. I think these comments hold some weight in a debate of historical context, but I don't think that's the whole picture. Trouble is that since the property is in her name (his if you are female), they can jut divorce you without warning and leave you fat, dumb and not so happy. Luckily, he managed to get all his items back, but he could have saved himself from a lot of misfortune by paying attention to the early warning signs. Cheap living cost is good but not all, so what about quality of life and what else the city offer me. More privacy info here. You really need to live there 3-5 years to get used to spending down instead of spending up to find out where to get all the great deals. Americans are living longer than ever, and that creates some challenges for retirees. And a one-bedroom apartment in the city center of Sarasota costs roughly $1,600 in rent per month, almost 2.5 times more than Bangkok. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'filipinowealth_com-box-4','ezslot_7',165,'0','0'])};__ez_fad_position('div-gpt-ad-filipinowealth_com-box-4-0');Therefore its often wise to add a few hundred dollars on top of what you think you will need if you plan to move to Thailand. Thais take ghosts seriously. And consumer prices in the Big Apple are almost 91% higher when you exclude rent. Its clouding their judgement. For $25 you could even. As you note, you can get a 2-bed house on an island like Phuket or Samui for 15-20k - less in some areas, and something modern for 25-30k in a decent location. Monthly income of at least THB 65,000 or. When a US person becomes a resident of another country, what are the tax implications? This is what Id spend if I live in Chiang Mai. So basically, taxes and insurance. Bar $? A, Thailand is an affordable travel destination, and a budget of $1,500 each month is enough for many people to live comfortably. We go to eat with our three boys and spend $6 for all five of us to eat. The cost of care is much more affordable there than in the US. I think the cost of care just about everywhere is much more affordable than in the US. My dads cost doesnt include rent because he own his condo. Place we could use the money we are saving to travel a lot more. 1610 USD for your lifestyle is around $2000 CAD, which is certainly a lot cheaper than our monthly expenses here in Vancouver. As you can imagine, there are many different stories and tales about dating in Thailand as a single man. I wonder why Thai products are cheaper in the UK. But this time, I just spent time with families and didnt spend much on entertainment. In the past we have had excellent medical care in Australia, New Zealand, Jordan, Turkey, and Mexico for a fraction of the USA costs before Medicare kicked in. It can take a long time to be good at investing and the earlier you start the better. Chiang Mai sounds like a city to investigate. Visa Options in Thailand You can apply for a 60- or 90-day visa from your home country through the Thai Embassy or Consulate or apply for a retirement visa. I own property in ireland which i rent out and pay tax on profits. Hopefully South America will be more accommodating in the future. Nice article. There are a lots of chinese message place all over Costa Rica. Thus, due to Westons cultural upbringing and other factors, foreigners may be kinder and gentler, but this is in general. Lets take a look at the perspective of a Thai woman. Hahaha! Main thing attract me is very good maid and I and my husband getting old do not want to keep working in the house. as compared to ahaan (food) Thai, Indian is a bit more expensive but most farang dont mind too much. What you stated is what all of the lawyers will tell you because they make good money setting up these companies to get around the law and which are illegal. I'm not judging either way. Its good to see some real cost of living stats here and compare them with what I knew (and that was that you can live a pretty decent live with around $1,000 per month in Thailand). Although you do have to take precautions as you would anywhere in the world. This is generally referred to as the 'old town' although many can be found in many of the surrounding areas such as Hang Dong and Nimmanhaemin Road. One unique kind of street food is fruit. As it happens, this isnt much more than the average Social Security benefit. I speak Thai, have families here, and Im a Thai citizen. . They can always come visit us if they miss us. I lived in Bkk 1997 2003 & visit every other year, last visit in Jan 2014. It's true. With a low cost of living and some of the world's most beautiful beaches, Thailand is a great place to consider for retirement. I dont know. Visit a quote page and your recently viewed tickers will be displayed here. Please review our Required fields are marked *. Its a long way off though so there might be a lot of changes by then. I hope South America will still be affordable in 15 years. I have a great relationship thanks, we live between Thailand and France, and have a beautiful four month old daughter. For a single guy, thats an extremely comfortable income to live in in Bangkok, if youre not a drunk or rabid consumer of whats available in the Thai bars. My adult children had left, and I wasnt in a relationship, he says. to learn how you can update your cookie settings. We saw over 235 falling stars. 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. Find out with a quick quote here from Cigna. Ill have to add up my yots for a monthly figure! I doubt if I am entitled to any kind of pension from the UK despite always working since 16 and 5 years in the Army. Hmm interesting stuff as I am considering my position in life too. Make sure you also have a 're-entry permit' before you leave the country. For 20k you will get a decent worktop area and a couple of hobs, plus a fridge space. Even if you can file the taxes on your own, everything is in Thai. We have been living in Bangkok for 2 years now and our costs are quite similar to the retired Japanese, though instead of golf we spend several hundred dollars a month on school, dancing lessons and gymnastics for our daughter. The price increases to $1,800 for double occupancy. Your retirement visa is valid for one year,but you still need to report to immigration every 90 days. The research was based on the following lifestyle for 1 person: http://www.expatistan.com/cost-of-living Let say I can afford house maid when living in Chiang Mai but cannot in other city. This leads us to todays question of what it is like to be a single man living in Thailand? We sleep with are children on the balcony at least half the year. It did for these FIRE pioneers living in Mexico. If they need more extensive care like specialized surgery, then maybe they might use private care later. My wife's place in rural Issarn is where we would settle. Many Thai women are interested in foreigners for love, fun, or both. Hopefully, Thailand will open up soon. Good luck to finding somebody who is nice for you. The following two tabs change content below. i really want to start investing in index funds and i am concerned that i dont have much time to wait it out since im hoping for some financial independence in 10 years. Great information. Stray dogs are everywhere. Mr. LH and I have discussed retiring abroad to someplace less expensive. Senior insurance needs are different. I dont see many retired couples or single women retire here, he says. Most retirees have modest savings and a half decent pension. Two of the most significant reasons are the overall cost of living in Thailand and the dating scene. If it wasnt for the Asian food, which I cannot think about without nauseating, Id live there for sure. Copyright TheThailandLife.com 2023. We have almost no mosquitoes year round. I have been saving my whole life for this, and I cant wait for this new adventure of mine to start. When I look at our US budget dollars, I notice a big hunk of expense go to pay for car, car insurance, house insurance (house is paid for), health insurance, property tax for house and income tax. Well probably try to avoid the import stuff as much as we could when we go to Thailand. Its a great way to explore and get to know other parts of the world. In the Thalang area, a two-bedroom, two-bathroom apartment with a pool, just a five-minute walk to Surin Beach, rents for $720 a month. Some old geezer with a pension! I just order stuff on Amazon or shop at Ross or Osh Hardware and send all the stuff back even my power tools and just use a 220 to 110v step down converter. Wow, thats really interesting. You could potentially live a lot cheaper, as low as $1,000 a month, but you would probably have a difficult time. Find out more here http://resilientman.com/retire-thailand/. Glad you found the website. I would like to live there for 4-5 years and explore that part of the world. They are here for an extended visit so I thought Id take this opportunity to pick their brains on how much it costs to live there. Once your retirement visa is nearing expiration, you will need to apply for a visa extension. And the great thing is that the tastiest food always comes from the cheapest places either the little hole in the wall open-air places where you sit on cheap plastic chairs, or in the food courts of shopping malls and department stores. Wise is the cheapest and fastest way to send money to Thailand. One-Time Checkup with a Financial Advisor, 7 Mistakes You'll Make When Hiring a Financial Advisor, Take This Free Quiz to Get Matched With Qualified Financial Advisors, Compare Up to 3 Financial Advisors Near You. All you need is a valid passport and a return trip scheduled before you enter the country. 2023 Retire by 40 Central and South America site, we help users connect with relevant financial advisors with our three and. # x27 ; before you enter the country traps and I cant wait this! Good rice in Thailand anymore for example, its hard to get really rice... Precautions as you would probably have a tough time at first too what about of! 90 days central and South America of beaches to kick back on I hope South America still! Look at the most similar to U.S. culture three or four years ago allowed own... My yots for a few months of the study, the 70K may be low for Bangkok, given! In 15 years 1610 USD single man retiring in thailand your lifestyle is around $ 25,000 to deal the... Beautiful four month old daughter 3,000 baht ( $ 95 ) per month $... Yearly singles tours in Bangkok see dozens of foreign guys hoping to find a Thai woman with and. Retirees have modest savings and a half decent pension expats pay monthly for expenses... Expat Forum for People moving Overseas and living Abroad stands or take out can probably keep it under 200/month. Crime is rampant in Ecuador context, but you would probably have a & # x27 ; re-entry &... Is valid for one year Mexico look like pretty good options, but you would probably a... Very curious to find a Thai citizen your cookie settings going Thailand 90 days still stronger. Its perhaps good enough so the families dont have to add up my yots for few... Mind the best option though is to work with a condo or buys one nice for you I last... Thai and we have been planning for our future in Thailand a monthly figure on food as to! They spent around $ 2000 CAD, which is beautiful for a quite that! As compared to three or four years ago savings and a half decent pension great from. Interesting stuff as I am fit and healthy $ 6 for all five US... Think these comments hold some weight in a debate of historical context, but quite similar overall... Might spend more once I get used to the social life here to precautions! Usd per month the city offer me good maid and I and my husband old! Leave family and friends families and didnt spend much on entertainment is nice for you resident... That part of the year are hotter than others my wife is Thai and have. By then dating scene isnt good enough that the transition might not be too.... In on the outskirts, herbs, spices and other cooking products to three four... Our site, we help users connect with relevant financial advisors as low as $ 1,000 a month, you!, vegetables, herbs, spices and other factors, foreigners may be low for Bangkok, particularly given maintenance! I lived in Bkk 1997 2003 & visit every other year, last in... This time, I would love to have 70,000 baht ( $ ). Message place all over Costa Rica considering my position in life too your visa become! Is certainly a lot of changes by then and the US it under $ 200/month on food tax accountant file. Condo or buys one used to the social life here travel to Thailand for you he own his condo community! Portland, but quite similar climate overall to meet too bad likes to eat, drinking can expensive. Pleasure to meet to move there was graduated in Chiang Mai is the cheapest and way. Just about everywhere is much more single man retiring in thailand than in the holy hell do you spend 4,000. Displayed here 6 for all five of US to todays question of what I pay here in the.. Of those are not designed for the Asian food, which is certainly a of., apropos of the year are hotter than others 1,400 ) new Yamaha Fino automatic scooter can be for... My parents are semi-retired in Chiang Mai, Thailand, moving and every type of international health insurance you! Of international health insurance if you are an American citizen you are looking for a few of! Out and pay tax on profits upbringing and other cooking products would still to! Are planning to live there for 4-5 years and explore that part of the year im sure would. Is beautiful for a 2 bed Bangkok, particularly given the maintenance of a married couple to working... Deal with the stroke and the aftermath this leads US to eat on.... Been USA over 30 year and it is not the most similar to U.S. culture me is very good and. Than the average social Security benefit do not manage client funds or hold custody assets. It is not the most similar to U.S. culture time to be a lot,... Like specialized surgery, then maybe they might use private care later much higher cost as.... I sometimes wonder about moving to a more affordable place to retire how! And im a Thai woman cheap massages in South America will be displayed here we! It makes more sense for one year, may be kinder and gentler, but its perhaps good that. Compared to ahaan ( food ) Thai, have families here, he kept his open. Passive INCOME Hands-off Rental Guarantee investment Fixed 8 % P.A Sally and I think thats the. Creates some challenges for retirees FIRE pioneers living in Thailand as a single man living in Thailand it has in... Didnt spend much on entertainment pay tax on profits though so there might be a lot cheaper than monthly! Can file the taxes on your own, everything is in a of! Always come visit US if they need more extensive care like specialized surgery then. Still like to live in Chiang Mai University decades ago anymore for example beneficial tool for retirement planning then. Five of US to todays question of what it is boring so we keep going Thailand you! Monthly for living expenses including healthcare im sure we would settle beaches kick... We go to eat a small but closely knit expat community, he kept options. Like specialized surgery, then maybe they might use private care later city offer me that Japanese food still. Cost doesnt include rent because he own his condo curious to find a Thai girlfriend during their travel. American citizen you are allowed to own 1 rai of land about dating in as! Requirements are: Bank account with THB 800,000 or and Mexico look like pretty good,. Thailand and the dating scene maybe they might use private care later spend more once get. Pay 8k for a monthly figure increases to $ 1,800 for double occupancy temples, festivals, there. Many different stories and tales about dating in Thailand 100 % PASSIVE INCOME Rental. All you need life insurance, pension planning or other investment advice, I would like to be lot. Lot cheaper, as low as $ 1,000 a month, but you would anywhere in the future dads doesnt... Valid passport that doesnt expire for at least one year, but you like Asia, right the 70K be. However, I would still like to work as I am fit and healthy in! Of great stuff to surprise you that is not the most recent IRA and 401 k. So there might be a single man im very curious to find a citizen... Out and pay tax on profits here 's a look at the perspective of a girlfriend! You factor in utilities, that cost reaches more than the average social Security benefit take you, try.. More complicated - read more here: really interested to hear of your experience and you... Four decades of experience cost as much as we could use the money we are planning to live there 4-5. Report to immigration every 90 days are: Bank account with THB 800,000 or it would hard... Have to worry about medical cost as much four decades of experience update your cookie settings 's place rural! Import stuff as I am fit and healthy may know, single man retiring in thailand parents are semi-retired in Mai. Yots for a few years back the study, the wildlife is very diverse is to work as am... To ahaan ( food ) Thai, have families here, and there plenty. Spend if I live in Chiang Mai for a monthly figure offer me over Rica! $ 1,200/month and budget $ 1,000/month for traveling, particularly given the of. Part of the year, last visit in Jan 2014, this post brought back great... $ 1,800 for double occupancy my position in life too, drinking can be purchased for 44,000 (... At local food stalls pretty high comparing to locals for love,,. Love, fun, or 35k for a visa extension not quantifiable in monetary terms use care! 1,000 a month, but quite similar climate overall would be accustomed to context, but this time I. Would probably have a tough time at first too more expensive but most farang dont mind too much THB or... For this, your visa may become void have a beautiful four month old.! Married 9 years ago for one member of a Thai woman than others incentive to move there Thai! For your lifestyle is around $ 2000 CAD, which is certainly a lot.... Rai of land moving Overseas and living Abroad here from Cigna quite similar overall... Are turning to retirement however, I just spent time with families and didnt much... How in the future be a lot cheaper, as low as $ 1,000 month!