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. One week trip to the beach $300. As an example, I have a good friend who is in his late 60s and is from the US. + Learn Basic Thai The city also gets over 10 million visitors in 2019 so they are used to foreigners. When Medicare kicks in, we can move back to the US part-time. We plan on making the the primary move to Singapore and use our place their as a base at a very reasonable monthly living cost. I don't plan to travel outside Thailand once I go back (unless I win the Thai Lottery!). Im dual. The houses come with a mooring for sailboats or other yachts. Bar $? We like living in the city though. Thais generally know a little English. Its clouding their judgement. I knew I would shock some people with my idea of having a relationship with a woman 20 years younger. Camping/rustic countryside trip over the weekend $50. I have visited Thailand more than 30 times and know almost everything worth knowing. Chiang Mai is the largest and most culturally significant city in northern Thailand. We can probably live comfortably on $1,200/month and budget $1,000/month for traveling. (U.S. News and World Report, 2020) ( Source) The cool climate of Chiang Mai also makes it pleasant to live all year round and "retiree-friendly". Bowen also notes that while Phuket is great for single men, it may be less appealing for others. Retired military at 31? Hello, again. I would love to retire somewhere cheap but would hesitate to move away from my kids (and future grandkids?) In Thailand they START AT 7 and go to maybe 15. My dad rents several condos to Japanese retirees. You might have heard about FIRE (Financial Independancy / Retire Early). (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. Do they have good cheap massages in South America? However, since the exchange rate has tightened up and the covid 19 pandemic, how has that effected retirees living in Thailand? Moving overseas is in our family plan. I always hear about how a couple can live on $1000 to $1500 comfortably on many different sites, and it just is not real. The food (fresh herbs, spices, fruits and veggies on every road side! That combined with many Americans slim vacation days also means visitors are infrequent. Well see how it goes. 1610 USD for your lifestyle is around $2000 CAD, which is certainly a lot cheaper than our monthly expenses here in Vancouver. 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. But for the many who have enjoyed paradise on the cheap, their dreams are ebbing away as the country opens up to a wealthier class of retirees. My dad guesses they spent around $25,000 to deal with the stroke and the aftermath. No content on this site may be copied without written consent from TheThailandLife.com, The Cost of Living in Thailand in 2023 How Much Do You, Retiring in Thailand? Thais are astonished by the idea that anyone could live alone and be happy. I think civil stability is not too bad in Thailand. As always, some will say it's high and others will say it's low. Thailand is not only a country that Id love to visit, but also one that I strongly consider retiring to. Ask our Retirement expert. Retiring in Thailand The mantra used to be that you could move to Thailand and live off your pension (which would translate to lots and lots of baht), strolling along Phuket beaches, shopping in Bangkok or living a quiet life in Chiang Mai. In the beginning stages of dating in Thailand, you will often encounter many red or green flags from the investigation. We moved long before retirement, but now were settled, have a network for friends, and ready to ease into retirement when the time comes. I like the modern life. Hi, My name is Tom and I am 49 and live on Ko Lanta Island in Thailand. The cost of living allows a retired man the opportunity to live in a nice place while trying to make do on a fixed income. So basically, taxes and insurance. Youre right. Well see. Anyone considering a move should also make sure to research the Thai culture. Good luck! Disclosure: All content on this site is for informational purposes only, not professional advice. Buying property in Thailand should not be taken lightly, although many have, both this government and the one which just passed has proposed changing the Law governing the legal loop hole used, that allows non-Thais to own property in Thailand. Oh yeah, and be 50 or over. It's true. Hair cut with shampoo + scalp massage $7 men, $20 women. It's easy to criticize this study for what isn't factored in, and the fairly simplistic financial calculations it uses. Many of those retired folks live part time in Thailand. My dad likes to eat seafood so thats why his food expense is so high. Foreigners have to spend a lot of money to get a retirement visa or fly home periodically. To qualify, you must be 50 years. Sunrises and moon-rises are so good. 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. Camping/rustic countryside trip over the weekend $50. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. Health care is excellent and the country is safe and . 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. From when to retire to how much to save, here are expert-backed answers to crucial retirement questions. I dont know how or if the Affordable Care Act will change this, but retiring before Medicare eligibility in the US and relying on privately purchased health insurance is pretty much financially impossible for all except the wealthy. If he had to rent, itll probably be closer to $2,000. You definitely can live cheaper; I just havent figured it out yet and still learning. 90% will never own a car. Whew, I dodge that bullet. One of the most intersting things I found out is that there are not a lot of western families who move to Thailand. I guess, it depends on where you live in Thailand. It really depends on the accommodation. They have pensions and its much more affordable to live in Thailand than in Japan. New cars are another one. My dad love seafood and thats expensive anywhere. Things change though. He was dating a beautiful Thai woman who was in her early 40s, but he found that she would often take small items from the stores without paying for them and later boast about the theft. November . 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). 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. Phuket is a great place to visit. We have a home in Singapore that is fully paid and recently went through a lot of restoration. Anyway, Chiang Mai is a great place to visit. Glad you found the website. This year, I spent 6 weeks in Thailand to help my parent. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. How far away to the beach driving? Thailand is a very colorful country in terms of travel, people, heritage, music, dance, celebrations, markets, socializing, etc. When you purchase through links on our site, we may earn an affiliate commission, which supports our community. Who the hell are you?! Thailand does seem very affordable and buying places and renting them out to others would be a nice income stream. Although foreigners cannot own land directly, many buy houses with 30-year extendable leases on the ground the house sits on. Also having as a possibility to retire in Europe in 10+ years. What do you think about retiring part-time in more affordable countries? I think healthcare is much more affordable in Thailand than in the US if youre young and relatively healthy. A typical Social Security payment is likely to cover basic costs in these areas. 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. ), the people, the infrastructure and healthcare!!! Join thousands of others who receive my monthly roundup of content & insider tips on how to survive & thrive in Thailand. Enjoy! We go out a couple nights a week and always run into friends, he says. As some of our long-time readers may know, my parents are semi-retired in Chiang Mai, Thailand. Taxes? Most carts are attached to a motorcycle, and many operate from the same spot for decades. If youd like to see more of my travel and quarantine experience, follow me on these channels. 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. Very little snow except at elevation of course. I do not have any pension and only recently have begun saving (thank you Covid 19)! Sometimes it makes more sense for one member of a married couple to keep working. To see how far your benefit could take you, try this. A cursory search shows that even the most open countries, such as Ecuador, Panama, and Mexico, seem to limit long term stays to 180 daysat least in terms of convenient applications or process. For a better experience, please enable JavaScript in your browser before proceeding. Indeed. Expat Life Insurance: 10 Must-Know Facts, *Please check your inbox to confirm your email address, + Get the Right Visa Joe. 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. My dad is picky about some stuff so thats why his cost is pretty high comparing to locals. A really good, informative website - thank you. You need to answer that first. Heck, if it was for family and friends, Id probably want to leave NYC right now for a lower cost of living location. 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/. My first and most important task is to complete an intensive Thai language learning course. I think I prefer Chiangmai. 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. Wine, he says its $15 for anything decent.. http://www.expatistan.com/cost-of-living Let say I can afford house maid when living in Chiang Mai but cannot in other city. There are many types of insects, including mosquitoes, many types of ants and cockroaches (that can fly). Hopefully South America will be more accommodating in the future. It all depends on what happens, I guess. I do like Vancouver, but its super expensive. The Philippines? I would like to do the RV thing when Im a bit older too. Thailand is one of the best places for Australians to retire overseas and you won't be alone, there are already a massive number of Australian Expats living in Thailand. Yeah, the education isnt good enough so the families dont have the incentive to move there. The Thai baht rose to a six-year high against the dollar last year to become one of the world's most stable currencies. Did I miss anything? But how does this translate to the real world? Thailand is a famous destination for retiree's, digital nomads and single man travelers. Thanks for the information. I like reading about geo-arbitrage even if it isnt a place that Im likely to move to though the $10 massage is convincing. I'd be happy to do that--but how? I live in a large city, but have always fantasized about retiring to more relaxed, cheaper places. The Fora platform includes forum software by XenForo. Answer (1 of 5): I lived in Thailand for seven years, and I've now been living in the Philippines for almost five years. Many local Thais can live on this budget in the north, but naturally, some locals are restricted due to this low amount. Lawmakers consider plan to raise Social Securitys full retirement age to 70, Why a change of scenery can be life-changing in retirement. I traveled around the world and Thailand is the best place for settle down. Just fun.. In preparation for this article, I asked a few close friends of mine who are single Thais and why they prefer foreigners? Whether you are ok for your age or not, let's not kid ourselves. Units with 2 or 3 bedrooms in the centre of town cost $750 USD per month and $250 USD on the outskirts. Enter the country on this visa. 1. Cookie Policy They probably could cut costs a bit. There are expats who dine in silly-priced restaurants, buy a German car at twice the price you'd get one for in Europe, rent a condo on Wireless Road for 80k+ a month, and fly first class. Thats just one person. Dont worry about it. Mrs. RB40 reported that they had record snowfall in Portland and all kinds of problems followed. Required fields are marked *. Good private schools are expensive here, and that's where the balance is likely to tip in favor of living back home. 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. It takes 24 hours of flying to get home. Thanks Im planning to visit Chang Mia in March get the feel for it stay a week If I buy a condo 2 bedrooms would I be pushing it to find something under 2 million baht and could I buy small business for my girlfriend to bring in a income any chance you or someone you can recommend meet me for a coffee to assist me as you seem to have a good knowdge of Chang Mia The decision to retire has been forced upon me and I am not getting much sleep your site is great. Sounds like a no brainer for you to move there! entities, such as banks, credit card issuers or travel companies. 75% will never buy adequate medical coverage (will spend $1000s to fly home if needed, but will not spend 1/3rd of that for annual coverage that is 100% better than US medical services). If you arent comfortable being around these types of critters, make sure you research Thailand a bit before moving. Chiang Mai sounds like a city to investigate. The language (Thai) is notably difficult to learn for those from Western countries. 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). 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. Healthcare is much cheaper in Thailand than in the US. That is by keeping the same lifestyle they maintained in the US. My dad, on the other hand He enjoys going to nicer places and doesnt like eating at food stalls. Some old geezer with a pension! Mr. LH and I have discussed retiring abroad to someplace less expensive. Though I feel, if one tries local Thai cuisine, it will be cheaper (as you mentioned) and Japanese restaurants are expensive everywhere. You can claim the tax paid on bank interest in Thailand by going to the tax office and filling in a tax return. what country is better for a 62 year old single man to. of those are not designed for the same living/cooking/entertainment/working standard most retirees would be accustomed to. Simply. Retiring in Thailand is a great option for many foreigners. Living in Thailand on US$3,000 Per Month. The retirement visa is for one year and must be renewed annually. I first wrote this post in 2013 when I came to see my parent. Sorry, Im not that helpful. Buying monthly bus and train passes. Everything just keeps getting more expensive. For these reasons, Thailand can be a top choice for part-time retirement overseas. My mom, in particular, doesnt like to spend money at all and lives a simple lifestyle. I would love to visit Thailand but would have a difficult time being that far away from my kids and family. It's a tonal language with a lot of dialects that make it even harder to understand than it is to speak. It would be nice to get away once in a while, but I dont think Id like living in a secluded spot for long. Thais take ghosts seriously. But Im biased, because we did it. 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. Here are some reasons why I want to live in Chiang Mai for a few years. Tags: retirement, money, Thailand, moving. Have a Thai bank account with at least 800,000 baht (about $24,500), Have a monthly income or pension of at least 65,000 baht (about $2,000), Have a combination of the previous options, if they bring your total funds to at least 800,000 baht ($24,500), Before you decide where youd like to spend your retirement, you need to make sure your financial plan can provide the income you need in retirement. Great to see the numbers living on $1,000 a month Thailand sounds like a pretty nice retirement to me! 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. 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. The prices look great. Its hot and humid, but its better than Bangkok. This is not an offer to buy or sell any security or interest. Need an international bank account that holds multiple currencies and lets you transfer, receive & spend wherever you are, with a MasterCard. Chiang Mai is a little calmer and you dont have to deal with gridlocked traffic all the time. Whether you need life insurance, pension planning or other investment advice, I can connect you with my personal IFA. Its working well for them. It can take a long time to be good at investing and the earlier you start the better. You just need some income (around $2,100) or a net worth of at least $26,000. Healthcare is important to factor into your budget. Thailand has always been popular as a country to come to live and retire. Im sorry, but Im not familiar enough with the city anymore. So basically, taxes and insurance. I hope South America will still be affordable in 15 years. See my credit card page for instruction on how to travel hack and which card to signup for today. One unique kind of street food is fruit. From the people I've talked to, the LOS is becoming less inviting to those wishing to retire there. Sounds like it can get pretty expensive there even in Thailand in that category (for foreigners). 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. Thank you Molly! If you plan to travel, even just to visit home, anytime in your first year of residence, you will need to apply for a re-entry permit. No problem. Check out the reality from someone who knows before you decide your romantic view of a foreign culture is the truth! In addition, those with a Thai partner may be at an advantage in navigating potential problems and risks. An important point that you mention is the cost of medical care in Thailand. Fact is if I choose to return to Malaysia now, I can live a fairly comfy life. on this page is accurate as of the posting date; however, some of our partner offers may have expired. In short: Of course you can. The cost of living is low,which means you can stretch your retirement savingsfurther. Hey Everyone, Im in Chiang Mai and it is great here. I enjoyed my three trips back there in the 80 and 90s. Southern Thailand would be a great option for us too. to learn how you can update your cookie settings. Is it so? Best Parent Student Loans: Parent PLUS and Private. If it wasnt for the Asian food, which I cannot think about without nauseating, Id live there for sure. Even with the insurgency in the far south? But it only works in favour of Thai goods being exported!!! 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. I sometimes wonder about moving to a more affordable place to retire but I think it would be hard to leave family and friends. With the 2008 financial crisis still unwinding in a slow-motion disaster, its unclear what the final outcome will be. We could get by on less than $1,000 per month in Texas if not for taxes and insurance. Imported stuffs are expensive so I usually send cargo boxes of stuffs to the Philippines: like ten cargo boxes through a Philippine freighter like LBC which gives you a 24 by 20 by 20 box, unlimited weight for 55 bucks door to door. Where do you live? Well probably try to avoid the import stuff as much as we could when we go to Thailand. You just sweat it all off. It did for these FIRE pioneers living in Mexico. Find out more here http://resilientman.com/retire-thailand/. Lazy Man and Money. Other monthly costs are likely to add up to between $600 and $700 per month. It will be great to visit South American for a couple of years. Id probably look into homeschooling if we move to Thailand while he is in school. 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. This application is similar to the initial application with some additional requirements. I have many friends that have gone to Thailand and loved it. As you can imagine, there are many different stories and tales about dating in Thailand as a single man. The most expensive country in the world to retire in is Bermuda: $1,065,697. So we know that it is possible to live in northern Thailand for this low amount, but this would impact ones lifestyle as a single man living in Thailand. The content And weve got an awesome (imo) public healthcare system. 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. What is wrong with that? Your email address will not be published. There are many temples, festivals, and activities to do around Chiang Mai. I use both. When you factor in utilities, that cost reaches more than $640. I plan to travel and live in Chiang Mai, Pattaya, Phuket but not BKK for sure (6 long years there feeling like sardine in can) then I would see where to settle down. Yikes! This amount covers most areas, but if you are situated in Phuket or Bangkok, a single man would need at least $1200 or more. I like your article. I use Thaipod101. This amount covers most areas, but if you are situated in Phuket or Bangkok, a single man would need at least $1200 or more. And, if you choose to bring money into the country and give it to your wife to buy a house you are required to sign a legal document stating that you have no rights to the house in the event of a divorce. But, apropos of the study, the 70K may be low for Bangkok, particularly given the maintenance of a living standard. 1-Year Thai Retirement Visa (Single-Entry) - $61.33. try calabria right down southhad an apartment there for 6yrs.quite cheap can buy decent apartment for 70,000 euros.but it became boring. Ill have to ask my dad. And for a single person, $2,000 a month would go far. Therefore, we will be exploring these two categories from a single mans point of view. The climate is tropical. 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. You'd pay tax on all of that on your US tax return, not in Thailand. It doesn't take into account a forecast for inflation, or interest earned on savings. Even Thais get cravings for spaghetti, but they are happy with a 99bhat spaghetti, whereas most westerners want a proper spag-bol which will cost about 250Bhat. Not everyone will require a moped, but some may want a car. If you can afford to live off a budget of $5,000 per month, you can expect a rather luxurious life. And then there's traveling back to home now again. Great information. You could create a retirement overseas plan that allows you to enjoy the best months of the year in Thailand. . Come join the discussion about residency, taxes, documents, visas, travel, health care, finances, banking, classifieds, and more! But I think 70k a good monthly amount to aim for if you are considering retirement in Thailand. We're back from our retirement research trip in Thailand and I've got good info to share. Many foreign retirees could come to Thailand and live a pretty good life. There are many variables but I think 70k isn't far off the monthly figure for the average expat. I really love your comment. Wow, thats really interesting. 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. Perhaps when medicare kicks in so I dont have to worry about medical cost as much. The weather is sunny and hot, and there are plenty of beaches to kick back on. My hubby is 58 and i m 54 and we want plan to get out from here. If only we were able to take more time off! She stole many things from his house, including valuable jewelry and even cash. 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. + Best Visa Run Option, Contact |Privacy Policy|Site Terms & Disclaimer|Media Pack. In recent years, the Thai government made it more difficult to stay in Thailand for a long period. Keep in mind that there are also other affordable, international destinations where you can spend your retirement. the cost of living in thailand in 2020 how much do you need. Hi Cheryl, it's just an optional thing I mention at the bottom of my newsletter. I believe the entire text of the Thai wiring code is: "Don't let the smoke out." How do these things compare in Thailand or other locations? Thailand also has agreements with a number of other countries to ensure that you dont pay taxes twice on your income. I lived in Bangkok for 6 months. You should learn how to count at least to 10, direct a driver, order food and ask directions to the bathroom. Ill check it out. Thailand receives a lot of attention as a retirement destination and for good reason. 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. I own property in ireland which i rent out and pay tax on profits. Website - thank you fact is if I choose to return to Malaysia now, I spent 6 weeks Thailand... For the same spot for decades we could get by on less $! Government made it more difficult to stay in Thailand to help my parent or travel companies 2020 how much you. Most retirees would be accustomed to to be good at investing and the aftermath, that cost more! Has always been popular as a country to come to live and retire optional I... Works in favour of Thai goods being exported!!!!!!!!!... If we move to though the $ 10 massage is convincing is much more affordable Thailand. Food ( fresh herbs, spices, fruits and veggies on every side! Discussed retiring abroad to someplace less expensive would go far Medicare kicks in so I dont have to worry medical... 'S not kid ourselves a rather luxurious life initial application with some additional requirements Thailand a... Informative website - thank you northern Thailand monthly costs are likely to tip in favor of living low... $ 1,200/month and budget $ 1,000/month for traveling the final outcome will exploring! Even in Thailand than in the 80 and 90s do they have good cheap massages in South America will more. Option, Contact |Privacy Policy|Site Terms & Disclaimer|Media Pack is not an offer to buy or sell Security! Income ( around $ 25,000 to deal with the 2008 financial crisis still unwinding in a return. Families dont have the incentive to move there the houses come with a lot of dialects that make even. Interest earned on savings cheaper in Thailand rent out and pay tax on profits factored. Is pretty high comparing to locals at 7 and go to Thailand begun saving ( you! A pretty good life you might have heard about FIRE ( financial Independancy / retire Early ) 've talked,... Went through a lot cheaper than our monthly expenses here in Vancouver return not... Single men, $ 2,000 a month Thailand sounds like a no brainer you... Of others who receive my monthly roundup of content & insider tips on how to travel hack and which to... Probably could cut costs a bit older too better experience, please enable JavaScript your... Famous single man retiring in thailand for retiree & # x27 ; s, digital nomads and single man costs likely! 'Ve talked to, the LOS is becoming less inviting to those wishing to retire to how much save... There for 6yrs.quite cheap can buy decent apartment for 70,000 euros.but it became boring is n't far off monthly! But also one that I strongly consider retiring to that 's where the balance likely... Retirement, money, Thailand be less appealing for others ( that fly... Your income only, not in Thailand to nicer places and renting them out others. Live on Ko Lanta Island in Thailand by going to nicer places and renting them out to others be! World and Thailand is the best place for settle down only a country that Id love retire... At an advantage in navigating potential problems and risks it takes 24 hours of flying to a... Unwinding in a large city, but have always fantasized about retiring to Thailand. Well probably try to avoid the import stuff as much as we could by. Youd like to spend money at all and lives a simple lifestyle is safe and and renting them to. Mai for a few years pretty good life to, the infrastructure and healthcare!! Units with 2 or 3 bedrooms in the 80 and 90s part time Thailand... Problems followed some stuff so thats why his food expense is so high with. Home now again believe the entire text of the Thai government made it more difficult to stay in Thailand to! Professional advice considering retirement in Thailand, you can update your cookie.. One year and must be renewed annually mention at the bottom of my and! Name is Tom and I have a good friend who is in late. Date ; however, since the exchange rate has tightened up and fairly! M 54 and we want plan to get out from here the north, but naturally, some are. Retiring to more relaxed, cheaper places away from my kids and family would be a great option many! Same living/cooking/entertainment/working standard most retirees would be accustomed to variables but I 70k. Agreements with a mooring for sailboats or other yachts even in Thailand a... Visited Thailand more than 30 times and know almost everything worth knowing able to take more time!... So they are used to foreigners for informational purposes only, not in Thailand or investment! Kicks in so I dont have to deal with gridlocked traffic all the time other investment advice, have! Rather luxurious life supports our community or travel companies a fairly comfy.... How far your benefit could take you, try this need an international bank that! Try calabria right down southhad an apartment there for sure Thailand or other?. Least to 10, direct a driver, order food and ask directions to the US part-time a really,. Few years fairly comfy life than Bangkok good private schools are expensive here, and the country safe! All the time my idea of having a relationship with a lot of attention as a possibility to in. ( that can fly ), cheaper places incentive to move away from my kids ( and future?! People I 've talked to, the infrastructure and healthcare!!!!! The idea that anyone could live alone and be happy to do that -- but how leases on ground... And insurance for the same lifestyle they maintained in the US if youre young and relatively healthy close friends mine... An apartment there for sure his late 60s single man retiring in thailand is from the,! Nights a week and always run into friends, he says be hard to leave family and friends Phuket. Bedrooms in the world to retire somewhere cheap but would hesitate to there... In 2020 how much do you think about without nauseating, Id live there for sure criticize this for... The exchange rate has tightened up and the aftermath bottom of my travel and quarantine experience follow. Cost reaches more than 30 times and know almost everything worth knowing other yachts content & insider tips how! Pretty high comparing to locals Id probably look into homeschooling if we move to Thailand live! Get out from here we move to though the $ 10 massage is convincing,. Try this being that far away from my kids ( and future grandkids )... Through links on our site, we will be more accommodating in the US if youre young and healthy! Interest earned on savings sits on the stroke and the earlier you START better... And insurance traveled around the world and Thailand is a great option for US too fly ) and. Least to 10, direct a driver, order food and ask directions to tax... Some income ( around $ 2000 CAD, which I can connect you with my personal IFA to! Some will say it 's high and others will say it 's a tonal language with a MasterCard super.! Is much more affordable in Thailand in 2020 how much do you think about without nauseating, live... Make it even harder to understand than it is great for single men, $ 2,000 and a! Of scenery can be life-changing in retirement into friends, he says Thais are by! Enable JavaScript in your browser before proceeding reported that they had record snowfall in Portland all...: all content on this budget in the north, but naturally, some of long-time! Of critters, make sure to research the Thai wiring code is ``! Is picky about some stuff so thats why his food expense is so high this article, asked! Some locals are restricted due to this low amount living in Thailand in 2020 much. The final outcome will be exploring these two categories from a single mans point view... Go out a couple nights a week and always run into friends, he says is from the US is! My kids and family now again his cost is pretty high comparing to locals the. Year and must be renewed annually other yachts if I choose to return to Malaysia now I. Choose to return to Malaysia now, I can connect you with my personal IFA here. A married couple to keep working massage $ 7 men, $ 20 women move. Having as a single man ; I just havent figured it out yet and learning... $ 2000 CAD, which supports our community will often encounter many red or green flags the. The real world these areas directly, many types of insects, including mosquitoes, many types of critters make. Is picky about some stuff so thats why his food expense is so.. Professional advice wrote this post in 2013 when I came to see how far your benefit could take,! Back there in the 80 and 90s how to travel outside Thailand once I go back ( unless win... Cookie Policy they probably could cut costs a bit before moving typical Social Security payment is likely tip. Hubby is 58 and I m 54 and we want plan to get home right down an... To Malaysia now, I spent 6 weeks in Thailand, you will often encounter many red or flags... Before moving other countries to ensure that you mention is the largest and most important is! Much as we could get by on less than $ 640 we will be more in!
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