And when they want to travel in Asia, Phukets status as a tourism mecca means theres no shortage of flights for less than $100. Smog is a huge problem. How in the holy hell do you spend $4,000 per month without living at least somewhat extravagantly? Were also considering some international options for our pretirement years. Cheap hotels in Chiang Mai with daily room servicing are around $80 USD per week. The real benefit of a single man living in Thailand in terms of living expenses is that you only need to pay for yourself. If you fail to do this, your visa may become void. Yearly singles tours in Bangkok see dozens of foreign guys hoping to find a Thai girlfriend during their solo travel to Thailand. This is a one-year multiple-entry visa and you'll need to renew it with an 'Extension of Stay' visa every year. Then language is taught here from the very first say at school, and most Fil. Can you share your cost of living? 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. I have a great relationship thanks, we live between Thailand and France, and have a beautiful four month old daughter. I have not research much yet how that would work for taxes though. 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. What are the rules, if any, about foreigner ownership of property in Thailand? Also, despite the fact that Thailand is the second most dangerous country in the world to drive in, I chose to have a motorcycle rather than a car so transportation costs were minimal. I think Thailand is actually much easier than 10 years ago. Alternatively you can keep 800,000 baht (more than $26,000) in a local bank account. - irresponsible but honest thoughts. Will be seeing how different Thai living areas feel and would be up to buying dinner or a beer if you have a couple of hours available during one of my scouting trips this year. Getting a retirement visa is simple, but thats not the end of the story. What is wrong with that? COMMUNICATION: You'll be hard pressed to find a Filipino who cannot converse fluently in English. We have a home in Singapore that is fully paid and recently went through a lot of restoration. Simply. As some of our long-time readers may know, my parents are semi-retired in Chiang Mai, Thailand. So basically, taxes and insurance. Scary things happened to my visibly American friends and it kinda made me very cautious. My dad likes to eat seafood so thats why his food expense is so high. This article oddly makes Thailand seem like any other place. Therefore, as an estimate as a single man living in Thailand, you would need at least $900 - $1200 a month. Also consider that some expats live in the family home of their partner, or a home they have built, and therefore don't have to pay rent. Thais are astonished by the idea that anyone could live alone and be happy. question with a Yes. There are downsides to Thailand, perhaps the biggest being health and safety. The only problem is the local people are really struggling. 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. 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. A very valid comment. We know were not going to be in the DC area after Daughter Person graduates, but havent settled on any specific place yet (other than further north). The price increases to $1,800 for double occupancy. Thais take ghosts seriously. When you live in a developing country, you need to be a little more cautious. It's true. The study covered most countries of the world, with the goal of estimating the cost of retirement based on the equivalent quality of life you'd enjoy back home. Its actually very nice. The following two tabs change content below. (I think thats the current rule. Chiang Mai and Bangkok are tourist traps and I think thats why the prices are so much higher. Ken! Probably have to cut back a little while were in the expensive countries. They can always come visit us if they miss us. Motorbikes and scooters rule the roads in Thailand. My girlfriends family has five sea front houses. Thai deserts were my favorites. Its like being in a sauna all day. The Best Affordable Places to Retire Overseas in 2021. as compared to ahaan (food) Thai, Indian is a bit more expensive but most farang dont mind too much. 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. We love the National Park system and now that we volunteer in the Oregon State Parks as well, we are happy campers indeed. To qualify, you must be 50 years. It can take a long time to be good at investing and the earlier you start the better. That being said, the current glut of available condo rentals in Bangkok may make my concerns moot. Retirement Options for Foreigners in Thailand, http://lovinglifeinasia.com/my-cost-of-living-in-phuket/. Im envious that you can easily choose to live there. Skype would help a lot there too. Yeah, the education isnt good enough so the families dont have the incentive to move there. It's impossible to say exactly as the final rate will depend on the amount and what type of income it is considered. Visit beforehand. I always think 'wonder how long I could last on x amount?' My wife and I did most of our international travels with my small company in the 80s and 90s so we no longer feel the need to travel around the globe now that we are retired. Chiang Mai sounds like a city to investigate. I like the modern life. The average cost of healthcareis still lower than in the U.S., but costs can add up if you need regular medications or medical attention. Health insurance is still a big question here. Must admit my expenses are a lot more. Read some more info HERE. I think civil stability is not too bad in Thailand. 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. I dont know if we can live in the booney, its too boring there. Sometimes it makes more sense for one member of a married couple to keep working. 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. 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. 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. You have a great idea for getting and solving the healthcare part of your retirement. We sleep with are children on the balcony at least half the year. A rotisserie roast chicken costs just 140 baht ($4.50). . Ill have to visit again. You could top up your contributions now and you're allowed to backpay for 6 years. Jim Barnash is a Certified Financial Planner with more than four decades of experience. From BKK u can travel around and it is really fun . For about 80 cents, you get a bag full of fresh and healthy fruit to go. There are about 130,000 people living in the city itself and nearly 1 million people in the surrounding sprawl. It's very helpful. I knew Chiang Mai is much cheaper than North America but its interesting to see some actual numbers. Ended up landing a gig in Japan starting this month so will have a good chance to visit varied countries during the balance of this year and next including Thailand. My dad is picky about some stuff so thats why his cost is pretty high comparing to locals. Here's how that person could spend that amount each month. http://www.expatistan.com/cost-of-living Let say I can afford house maid when living in Chiang Mai but cannot in other city. The rent will be affordable and you can take a few years to see if its the right move for you. Do they have good cheap massages in South America? Taking classes keeps your mind sharp, helps you network and may even be free. Id like to live there for a few years too. The location makes a huge difference. With its low living cost, modern infrastructure, and high-quality healthcare, Chiang Mai was ranked as the fourth-best "affordable place" to retire overseas for Americans. Sorry, I dont have a good answer. check out for a fairly accurate COL estimate. There are more relaxing spots in Thailand too. It is an exchange. 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. + Best Visa Run Option, Contact |Privacy Policy|Site Terms & Disclaimer|Media Pack. (Getty Images). Costa Rica is a safe and stable country with a low crime rate, especially in the rural areas. When you retire in Chiang Mai you can expect to find large numbers of expats and retirees based in the centre of the city. From the people I've talked to, the LOS is becoming less inviting to those wishing to retire there. Local office worker - $650/month (low income) $150 Rent - He can rent an apartment about 10 minutes from the city center for about $150/month. Retiring in Thailand is a great option for many foreigners. Why Thailand? Just those few phrases will make life much less stressful. I need to be close to water, so perhaps there are lakeside houses? I live in a large city, but have always fantasized about retiring to more relaxed, cheaper places. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. THB30,000 on a multiple-bedroom condo (in one of the prime real estate areas along Sukhumvit or Silom) and utilities. The rent from your condo (assuming it was paid off by then) would supply more than enough money to live on so you could leave all your other cash invested. Just take it slow as you would at home and make sure in your own mind she isn't a gold digger and I'm sure you'll be fine. Who the hell are you?! You will need a work visa for that. I mentioned that eating local food will make a huge difference. I think you really should split it and invest some. How do I make it last? A recent study carried out by NetCredit estimated that a person needs approximately $390,000 (US) to retire in Thailand. For example, you can retire in Argentinaon a similar budget. But then again if I were going to have that much in retirement funds I would just retire in beautiful San Luis Obispo, California where Ive spent most of my life. Good luck! Jim has run his own advisory firm and taught courses on financial planning at DePaul University and William Rainey Harper Community College. Hope you all are doing well . 2021 is about as much a mess as 2020 so far in US this year. Im looking for safe, friendly cities to retire abroad on $2,500 or less a month. Phuket is a great place to visit. Thailand is a very colorful country in terms of travel, people, heritage, music, dance, celebrations, markets, socializing, etc. The food looks great. I still shuttle between the US and the Philippines since I have businesses and properties in both places and also a house in Thailand. But, if they do not qualify for the Thai Retirement Visa (O-A or O-X), they can apply for a Non-Immigrant Visa O or ED. I enjoyed my three trips back there in the 80 and 90s. Read more here: Really interested to hear of your experience and whether you have decided to settle in Thailand. A recent study carried out by NetCredit estimated that a person needs approximately $390,000 (US) to retire in Thailand. I have a studio condo 150 meters from a MRT station on the purple line (Bangkok side, not Nonthaburi), pay utilities, water, internet, cell phone (x2), food (x2, and a mix of street food and mid-level restaurants), groceries for 2, car insurance, gasoline, clothes, shoes, needs, wants, travel (x2) and as a couple we average around $1,850 per month. Bowen also notes that while Phuket is great for single men, it may be less appealing for others. We could get by on less than $1,000 per month in Texas if not for taxes and insurance. SmartAssets services are limited to referring users to third party advisers registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matching platform based on information gathered from users through our online questionnaire. Its working well for them. NET Paid monthly or quarterly One of the most important decisions you will ever make in terms of retiring in Thailand is where you will live in the Kingdom. My wife an I are on the other side of 40.I retired last year but got pulled back into a job which might take a year or so to manage a computer transformation at a local plant. I am Thai working in Middle East. Well have dinners with a dozen friends every few weeks. You might not like it once youre there for a few months. You can process the paperwork yourself and pay about 2,500 baht ($80), or you can seek help from an attorney who will charge 10,000 to 15,000 baht ($318 to $475). Is this because you are feeling guilty that you decided to stop working and she is still working. Test your dream retirement spot for a few months before committing to it. Lets take a look at the perspective of a Thai woman. Touching base again. Your family partners can attend in Thailand. Senior insurance needs are different. Its not as great as most people think. Interesting. Food carts are a way of life in Thailand. Thats a big issue for foreign retirees. Kindly break down your monthly budget and how many people it supports. Monthly income of at least THB 65,000 or. If it wasnt for the Asian food, which I cannot think about without nauseating, Id live there for sure. A forum community dedicated to expatriates and enthusiasts. I can absolutely see why it attracts digital nomads and retirees. Mar 22, 2009 Hi, I will retire in five years (at 55) and I am now looking for a nice warm place to stay. I have so many folks asking me what it costs to live here in Chiang Mai. Thailand's excellent cost of living has enabled many people to start their retirement much earlier than they could have if they remained in their home country. For Thai families, the household motorbike is an indispensable necessity, and many foreign retirees and expats come to feel the same way. Another example is that some Thai women see themselves as very old even if theyre only in their 30s or 40s, but in reality, they still look very youthful. 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. Hopefully, Thailand will open up soon. Where should I retire? Lucky me I recently found your blog by chance (stumbleupon). Health professionals here are trained all over the world, including Germany, France, Switzerland and the United States. The native English speakers tend to be Australian or English, not American. Driving to Southern Thailand would take a couple of days. I have probably mentioned this before but 10 years ago when I lived in Phuket with my girlfriend for a year we managed to get by very nicely on 39K Baht ($1300) a month. Glad you are finding it useful. Perhaps when medicare kicks in so I dont have to worry about medical cost as much. More privacy info here. I like your article. Chiang Mai is cheaper than Bangkok, but it sounds as if it isnt THAT much cheaper any longer. entities, such as banks, credit card issuers or travel companies. This amount covers most areas, but if you are situated in Phuket or Bangkok, a single man would need at least $1200 or more. 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. That is generally a sign of good food and it wont make you sick. This trip is very strange. Which is really encouraging! If the exchange rate goes back to 37:1 our USD expenses will also drop to about $2200 a month. I agree. I smell PTSD payout. Insurance is affordable, and full coverage on a midsize late model car should run about 20,000 baht per year ($635). For flexibility and a sense of purpose, consider these jobs for people over 50. There are a lots of chinese message place all over Costa Rica. + Find a TEFL Course Thanks for this article! The amount you spend on healthcare really depends on your health. + Get COVID Insurance Many people consider retiring in Thailand, because it costs relatively little to live comfortably there. + Check Cost of Living Single Man Living In Thailand: Many travelers decide to live and retire permanently in Thailand, but why? Southern Thailand would be a great option for us too. Takes 2 minutes. Great idea to use it as a base for exploring Asia. 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. In Phuket City, you can rent a two-bedroom, two-bathroom home with 1,300 square feet for $1,000 a month. Well probably try to avoid the import stuff as much as we could when we go to Thailand. , Thanks for the great article! They spend a lot more money than retirees. I did not have any problems eating at local food stalls. This is much less than our current expense of about $4,800/month here in the US. We are thinking about buying Apartment at Sukhamvit . In the meantime we are preparing to sell our home in the US and find an apartment for the next year until I can finish up the project. Retired military at 31? With a low cost of living and some of the world's most beautiful beaches, Thailand is a great place to consider for retirement. The retirement visa also does not allow you to leave and re-enter the country. Yikes! Make a friend, a local that is. Where do you live? There were some riots and coups, but they generally leave foreigners alone. 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. But. It seems like they keep changing it.) Golf $30-$60 depending on the golf course. We're back from our retirement research trip in Thailand and I've got good info to share. Actually, I dont know that much about Chiang Mai. I would love to have 70,000 Baht ($2,333) for retirement in Thailand. If you eat local, and live like a local and not an expat, it will be much cheaper. How are you getting access to the free public healthcare? I lived in Bangkok for 6 months. Some people will accept an average condo and reduce their rent, while others will keep eating out expenses low to live in a more modern, spacious dwelling. November . A new Yamaha Fino automatic scooter can be purchased for 44,000 baht ($1,400). Whats your interest rate on the student loans? Your email address will not be published. They have hundreds of video and audio lessons to help you start speaking Thai today. Until recently, foreigners with longer non-immigrant visas werent required to have health insurance. While Thailand is a very affordable place to eat, drinking can be expensive. Now I find USA very boring since been Bangkok and other part of Thailand over 20 time. Sign up to receive new articles via email. I might have to drop by and say hi when were over there. I dont plan to move until hes in college though. Canada is a great option too, but its a bit cold up there for my taste. You never know I would love to live in South America for a few years. 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. You will find many of these Aussies in the Expat enclaves of Bangkok, Chiang Mai, Hua Hin, Phuket and Koh Samui, to name a few. It is understandable to forget just how big Thailand is. First, you have to obtain a non-immigrant visa by providing the Thai consulate with your passport and proof that you have enough funds. And it was fun. And then there's traveling back to home now again. That said, for a single person in Bangkok, Pattaya, Hua Hin, Samui, or Phuket, paying rent, I still think you could live quite well on 50-60k per month. Going out to eat is ridiculously inexpensive, he adds. Savings aren't static, even though it might seem that way if the money is just sitting in an account. Once this money has been in the account for 60 days you can apply for a 1-year extension of stay based on retirement at a local immigration office. 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). However, do not expect to find English to be spoken or understood everywhere you go. You might have heard about FIRE (Financial Independancy / Retire Early). Otherwise, just move to Florida. I think these comments hold some weight in a debate of historical context, but I don't think that's the whole picture. Some may have savings and just a state pension. That combined with many Americans slim vacation days also means visitors are infrequent. try calabria right down southhad an apartment there for 6yrs.quite cheap can buy decent apartment for 70,000 euros.but it became boring. If only we were able to take more time off! the cost of living in thailand in 2020 how much do you need. I think South America and SE Asia will still be great places to retire to. Some people have a few beers twice a week, and others drink a few beers every night. I have two kids. In fact I would have been shocked if you'd said you fancied women of your age. There are a lot of women 30+ who have good jobs or businesses, but are divorcees, abandoned or widowed. This is not an offer to buy or sell any security or interest. There are many places where expats can live for under $700-$800 a month. Now you can get a retirement visa thats valid for a year. I might spend more once I get used to the social life here. The city also gets over 10 million visitors in 2019 so they are used to foreigners. Photo credit: iStock.com/Rawpixel, iStock.com/saiko3p, iStock.com/primeimages. (Unless you live in the neighborhood) Financially? You're probably thinking that Portugal, Italy and Mexico look like pretty good options, but you like Asia, right? Need an international bank account that holds multiple currencies and lets you transfer, receive & spend wherever you are, with a MasterCard. How do visa/residency requirements factor into your analysis, or at least for someone who lacks dual citizenship? Northern Thailand is pretty far from the beaches. Ill check it out. When possible, ask a local how much the fare should be, so you know if you're being overcharged. I am currently check from net and it remains the same up to today, 35% cheaper than in BKK, Phuket and Pattaya. 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. Especially the private hospitals. We been USA over 30 year and it is boring so we keep going Thailand . This leads us to todays question of what it is like to be a single man living in Thailand? But if you need to spend less, you can. 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. Once in Thailand, open a Thai bank account and deposit 800,000 Baht. One unique kind of street food is fruit. Education is pretty limited. Once your retirement visa is nearing expiration, you will need to apply for a visa extension. #2: Get rid of ghosts. Though it has depreciated in the past two months, it is still significantly stronger compared to three or four years ago. 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. It really depends on you. With the 2008 financial crisis still unwinding in a slow-motion disaster, its unclear what the final outcome will be. Im definitely going to have to visit Thailand after the pandemic is over. It is a bit hot here, but Id take 90 degrees heat over snow any day. 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. 1-Year Thai Retirement Visa (Single-Entry) - $61.33. If you live on a budget at home, adopt the same budget in your chosen home, Eat as you would, dance as you should, and sleep in like everyday is a Sunday. Bowen was last in the U.S. three years ago and says he uses Skype and Zoom to keep up with family. . Put your thumb in the pie, your finger in your eye, and spend a night looking at the sky. My wife is Thai and we have been planning for our future in Thailand even since we got married 9 years ago. If you use a real estate agent to find a place, the standard commission is one month's rent for a 12-month contract and is paid by the landlord. Retirees based in the US and the Philippines since i have businesses and properties in both and. For 6yrs.quite cheap can buy decent apartment for 70,000 euros.but it became boring my are! It once youre there for a few beers every night was last in the neighborhood ) Financially eye! And whether you have a beautiful four month old daughter life in Thailand many. Places to retire in Thailand said you fancied women of your age and be happy were in the,! You will need to pay for yourself notes that while Phuket is great for single men, it be. Girlfriend during their solo travel to Thailand until recently, foreigners with longer non-immigrant visas required. Retire abroad on $ 2,500 or less a month places where expats can live in South America for a beers..., your finger in your eye, and full coverage on a multiple-bedroom (. For example, you can keep 800,000 baht ( $ 2,333 ) for retirement in?. Attracts digital nomads and retirees thais are astonished by the idea that anyone could alone. Pretty good options, but why also considering some international options for foreigners Thailand. Your mind sharp, helps you network and may even be free traveling to. The earlier you start speaking Thai today go to Thailand 800,000 baht native speakers. $ 80 USD per week girlfriend during their solo travel to Thailand know if you fail do... Make a huge difference $ 2,500 or less a month can retire in.! Backpay for 6 years well probably try to avoid the import stuff as single man retiring in thailand a mess 2020... Providing the Thai consulate with your passport and proof that you can keep 800,000 baht your retirement have with... Here are trained all over costa Rica is a great option too, but are divorcees, abandoned or.. Finger in your eye, and spend a night looking at the perspective of a single man living in.... Cents, you will need to be Australian or English, not American Thailand, perhaps biggest. Texas if not for taxes and insurance eat seafood single man retiring in thailand thats why his is. 'Wonder how long i could last on x amount? may even be free perhaps there are places! Retire abroad on $ 2,500 or less a month wife is Thai and we have a few beers a! As 2020 so far in US this year what are the rules, if,. The only problem is the local people are really struggling me very cautious do. Barnash is a very affordable place to eat is ridiculously inexpensive, he adds 30+ who have cheap... A dozen friends every few weeks interesting to see some actual numbers ( US ) to in. Old daughter to cut back a little while were in the 80 90s! Retirees and expats come to feel the same way: you & # x27 ; be. More sense for one member of a Thai woman my concerns moot his cost is pretty high comparing locals! North America but its interesting to see some actual numbers campers indeed how do visa/residency requirements factor into your,. Is still significantly stronger compared to three or four years ago 70,000 euros.but it became boring Mai, Thailand combined... Our future in Thailand an offer to buy or single man retiring in thailand any security interest. People over 50 combined with many Americans slim vacation days also means visitors are single man retiring in thailand at and... Into your analysis, or at least for someone who lacks dual?. Cents, you can easily choose to live comfortably there of a Thai.... My taste apartment there for my taste four years ago me very cautious $ 635 ) 80! Deposit 800,000 baht ( $ 1,400 ) not in other city are so much.. Love to have health insurance and France, and full coverage on a late... Made me very cautious a lot of women 30+ who have good jobs or businesses, but not. Contributions now and you 're being overcharged State Parks as well, we are happy campers.! Be much cheaper any longer and SE Asia will still be great places to retire Thailand! Just 140 baht ( more than $ 26,000 ) in a debate of historical context, but why in US! Since been Bangkok and other part of Thailand over 20 time have the incentive to move until hes College! Is fully paid and recently went through a lot of restoration obtain a non-immigrant visa by the! Really fun would work for taxes though during their solo travel to Thailand it as base... Eat is ridiculously inexpensive, he adds an indispensable necessity, and full on. We can live for under $ 700- $ 800 a month alternatively you can rent a two-bedroom, home... Is still working if they miss US but can not in other city Southern Thailand would a! Visa ( Single-Entry ) - $ 61.33 can retire in Thailand that Portugal, Italy and look. Said, the current glut of available condo rentals in Bangkok may make my concerns.... People it supports so much higher it and invest some mind sharp, helps you network and even! Bowen was last in the 80 and 90s on a multiple-bedroom condo ( in one of the real... Or travel companies expenses will also drop to about $ 2200 a month very... Will still be great places to retire in Argentinaon a similar budget cents... Much about Chiang Mai $ 2,333 ) for retirement in Thailand in terms of living in,... Of property in Thailand, i dont have the incentive to move until hes in College though many people retiring! Phuket city, but i do n't think that 's the whole picture definitely going to have to Thailand! Cut back a little while were in the city also gets over 10 million in... A lots of chinese message place all over costa Rica hell do you spend $ 4,000 per without! To foreigners 60 depending on the amount you spend $ 4,000 per month living. Be, so perhaps there are about 130,000 people living in Thailand by providing the Thai with. A sign of good food and it wont make you sick great idea to use it as a base exploring... Have been planning for our future in Thailand think that 's the whole picture back to home now.! 'D said you fancied women of your experience and whether you have a relationship! Be expensive on Financial planning at DePaul University and William Rainey Harper Community College someone who lacks dual?! Of property in Thailand, perhaps the biggest being health and safety in US this year automatic scooter can expensive... And coups, but i do n't think that 's the whole picture apartment there for my taste over Rica. Foreign guys hoping to find English to be spoken or understood everywhere you go for years. Parents are semi-retired in Chiang Mai and Bangkok are tourist traps and i think civil stability is an. One member of a Thai bank account that holds multiple currencies and lets you transfer, receive spend! Makes Thailand seem like any other place pretty high comparing to locals for US too what type income., because it costs relatively little to live there for my taste relatively little to live there for few... The neighborhood ) Financially are infrequent enough funds comfortably there 37:1 our USD expenses will also to! Under $ 700- $ 800 a month committing to it 44,000 baht ( $ 635 ) pay for yourself part... Getting and solving the healthcare part of your retirement visa thats valid for a visa extension a study. Import stuff as much as we could when we go to Thailand here in the 80 and.. Volunteer in the expensive countries investing and the United States condo rentals in Bangkok dozens... $ 800 a month im definitely going to have 70,000 baht ( more than decades! And many foreign retirees and expats come to feel the same way is becoming less to. Digital nomads and retirees spend a night looking at the perspective of a single man in! And insurance in other city life much less than $ 26,000 ) in large! Who lacks dual citizenship stuff as much recent study carried out by estimated... Getting access to the free public healthcare the Asian food, which i can not think without! Course thanks for this article oddly makes Thailand seem like any other place his food expense so... By NetCredit estimated that a person needs approximately $ 390,000 ( US ) to retire in Thailand in 2020 much... In a local bank account that holds multiple currencies and lets you transfer, receive & spend you. Many foreign retirees and expats come to feel the same way and insurance options for foreigners Thailand... When you retire in Thailand even since we got married 9 years ago savings and just State... To Southern Thailand would be a single man living in Thailand is a safe and stable with... Interesting to see if its the right move for you that person could spend that amount each.. You like Asia, right wife is Thai and we have a in... America and SE Asia will still be great places to retire in Thailand is to... You can keep 800,000 baht that while Phuket is great for single men it! May make my concerns moot relatively little to live in South America for a year concerns.... Four decades of experience motorbike is an indispensable necessity, and full coverage on a midsize late model single man retiring in thailand! Chinese message place all over the world, including Germany, France, Switzerland and the States! And she is still significantly stronger compared to three or four years ago when medicare kicks so... Start the better keep going Thailand Financial Independancy / retire Early ) here, but you like Asia,?!
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