A new Yamaha Fino automatic scooter can be purchased for 44,000 baht ($1,400). But Im biased, because we did it. To see how far your benefit could take you, try this. 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. Anyone considering a move should also make sure to research the Thai culture. 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. And considering the outcome, is it cost effective to retire in Thailand. The food looks great. Try one thing at a time until you acclimate to the local food. I would like to do the RV thing when Im a bit older too. You spend $4000 a month in Thailand and you dont think thats extravagant? New cars are another one. Golf $30-$60 depending on the golf course. Its the same in Malaysia. You can live dirt-cheap or super expensive in Thailand. There are about 130,000 people living in the city itself and nearly 1 million people in the surrounding sprawl. Yeah, the education isnt good enough so the families dont have the incentive to move there. 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. 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. Skype would help a lot there too. 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. In general, living in Thailand is significantly cost-effective; of course, if you are not a single man and you are in a relationship, you will be able to save some cash each month from sharing accommodation, but this is often a minimal amount. There are many variables but I think 70k isn't far off the monthly figure for the average expat. One of the hardest things is just how far away from the U.S. Thailand is, he says. I still have families there though so maybe we could get some tips from them. Thats cheap. 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. First of all, its worth noting that citizens of the U.S. and much of Europe do not need a visa in order to visit Thailand. Its possible to do this in Thailand or at a consulate in your home country. one in university and one will go in a year. People who want to see the grandkids are going to be out of luck. I usually ignore this type of research because seldom is it accurate. That is generally a sign of good food and it wont make you sick. Wow, thats really interesting. + Get COVID Insurance However, if you decide to invest in a car of your own, you'll find that vehicles are reasonably priced in Thailand, as many are assembled here. 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. The housing cost in Bangkok is much higher than in Chiang Mai, but I think other stuff are pretty comparable. Not that I care since I eat at Thai spice level sure aids in the output, too. Have you researched and created a list of retirement destinations based on visa and permanent residency requirements? So if you like Thai food there is really no reason to spend a lot on your food. For example, $700 for groceries and $500 for eating out (i.e. There is a lot to see and do in the country. Thats the beauty of retiring from your day job by 40 and creating the one you really want for the next 20 years. I think the aforementioned downsides are more of a concern to those with children, perhaps a family considering relocating in their late 30s, 40s or 50s. Beer is about 75 cents (US) for a 340 ml can of Cheers (as of May 2016). There are some lower cost Japanese (Yipun) food in what amounts to a fast food version of a traditional restaurant usually found in some of the malls. Many local Thais can live on this budget in the north, but naturally, some locals are restricted due to this low amount. I would rent for a while before buying. 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). Sounds like it can get pretty expensive there even in Thailand in that category (for foreigners). Im sure Bangkok would be much more expensive. (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". You didnt include the cost of utilities, internet, phone, etc for Japanese retirees; are the utilities usually included within house rent? 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. is it wise to split it in half and put the other half in investing? You can own a condo as long as total foreign ownership is less than 50% of the building. That combined with many Americans slim vacation days also means visitors are infrequent. I don't see what is wrong. Other thing I am finding kids here very selfish and they will not look after me or my husband and when we get very old they will toss us in senior home. Enter the country on this visa. I think I prefer Chiangmai. As always, some will say it's high and others will say it's low. Twenty years isn't too much of an age gap given your age. I don't plan to travel outside Thailand once I go back (unless I win the Thai Lottery!). In addition, those with a Thai partner may be at an advantage in navigating potential problems and risks. FIRE is much easier if youre relatively healthy. 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). Cuenca, Ecuador is the #1 retirement abroad destination. For Thais, ghosts are real, and they're present. 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. Main thing attract me is very good maid and I and my husband getting old do not want to keep working in the house. What attracts people to these shores is the beautiful weather and be. Id be curious what US expats pay monthly for living expenses including healthcare. Many people consider retiring in Thailand, because it costs relatively little to live comfortably there. 15K for bills and rent *might* get you a newer "one-bedroom" close to public transport but many (most?) Among Bowens family, only his daughter has visited. A recent study carried out by NetCredit estimated that a person needs approximately $390,000 (US) to retire in Thailand. Why Thailand? Savings aren't static, even though it might seem that way if the money is just sitting in an account. Good luck!! For the sake of argument, let's say that the interest earned is in line with inflation, and that the spending power remains the same over 14 years. My dad is usually very cheap on most things, but he likes to splurge on good food and wine. Once we get tired of SE Asia, then we can move to South America for a few years. 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. 55 Vs 35. Did you ask me to buy you a coffee? It is understandable to forget just how big Thailand is. He relies on football and basketball internet packages for his U.S. sports fix. Returning to the same vendor again and again is a great way to make a local friend. You can follow her on Twitter @SilviaAscarelli. But that would have to be a *lot* of money. Moving overseas is in our family plan. And it was fun. And then there's expats eating for 100 Baht a day and staying in a 4k a month condo. Not in the short-term, but within 5 to 7 years. If you can eat MSG, rice, pork, chicken and loads of oily greasy and spicy curries as well as bugs and all manner of weird snacks, you can live like a Thai. The Japanese retirees spend about $3,000 per month to retire in Thailand. Monthly income of at least THB 65,000 or. For myself, and on my own dime (I am 56 and married), me and my wife live on $3000 per month. You can rent in some parts of the country for as little as 6,000 baht ($190) per month, but accommodation that tends to appeal to American retirees generally starts at around 10,000 baht ($318) per month. For example, when we arrived 2 1/2 years ago the exchange rate was 37:1 but now it is 32:1 (and was as low as 28.5:1 a few months back). Im very curious to find out because we are planning to live in Chiang Mai for a few years after Mrs. RB40 retires. That is by keeping the same lifestyle they maintained in the US. A recent study carried out by NetCredit estimated that a person needs approximately $390,000 (US) to retire in Thailand. How do you do that you ask? I want the whole experience. 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. Then there is that little matter of SPICY in the US Thai food starts at ZERO stars and goes to 5. Great idea to use it as a base for exploring Asia. Just like people book or hire a personal assistant or tourist guide, our Thai travel companions can be booked for your Thailand vacation at ThaiSingleReisen. Did I miss anything? It's how I started learning. A researcher who tracks female infidelity finds that so called gray affairs are now quite common cheating isn't just for younger women. This is a one-year multiple-entry visa and you'll need to renew it with an 'Extension of Stay' visa every year. It is free to get started & easy to use. Our children and us really enjoy the universe for our bedroom. The cost of alcohol can also add up quickly. Having traveled to Thailand 14 times and having many friends live there full time, I disagree with the costs here to retire. I know Belize has a pretty good retirement visa. (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. Monthly income of at least THB 65,000 or. Well see how it goes. The cost of living is low, as is the cost of healthcare. Wow, $500 for all 3 people? Only downside for me is that I find the heat/humidity a bit testing. 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. I'm not judging either way. Perhaps when medicare kicks in so I dont have to worry about medical cost as much. Even if you can file the taxes on your own, everything is in Thai. There are many affordable public transportation options in Thailand. Im here to give you all the information you need to make your Thai adventure safe, happy, & successful. Bowen was last in the U.S. three years ago and says he uses Skype and Zoom to keep up with family. . 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. He has opted out of Medicare and no longer pays premiums. Ive saved it for later! However, Id just as soon be within the borders of the US with its amazing depth and breadth of resources, than Thailand. Other monthly costs are likely to add up to between $600 and $700 per month. 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. I have to complete an irish tax return for 2021. and said return require people who are non resident land lords to submit their earnings and employment reference numbers for the country they are living in. So basically, taxes and insurance. Sign up to receive new articles via email. We been USA over 30 year and it is boring so we keep going Thailand . I do not have any pension and only recently have begun saving (thank you Covid 19)! Good luck. That is ridiculous. we been Thailand over 30 times with kids so far. Driving to Southern Thailand would take a couple of days. Interesting. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). Just fun.. To get a such a visa, you have to be at least 50 years old and pass a criminal background check. Disclosure: All content on this site is for informational purposes only, not professional advice. Living in Thailand on US$3,000 Per Month. He met his Thai wife, Oorathai, better known as Puy, while she was having a cup of coffee. I think civil stability is not too bad in Thailand. Answer (1 of 5): I lived in Thailand for seven years, and I've now been living in the Philippines for almost five years. An important point that you mention is the cost of medical care in Thailand. If you wish to retire in Thailand, you will need to need to get a retirement visa, also known as a Non-Immigrant Long Stay Visa. The weather is sunny and hot, and there are plenty of beaches to kick back on. We were in Hong Kong last summer and everyone said that we should have stopped by Thailand since we were nearby as the flights werent too expensive. So, even if married to a Thai you cannot own land. They are easy to drive, maintain and park. This should be done in January. I might spend more once I get used to the social life here. Lawmakers consider plan to raise Social Securitys full retirement age to 70, Why a change of scenery can be life-changing in retirement. The only problem is the local people are really struggling. It took six months to decide that Kamala Beach, a two-traffic-light town, was the right spot. Ill check it out. The retirement visa is for one year and must be renewed annually. The lady is getting a nice man with more baht who does not cheat on her and I get a younger woman. Crossing borders at the 180 day mark, subject to potential bribes or border instability, seems less than ideal. How far away to the beach driving? There are four steps to acquiring a visa to retire in Thailand. A rotisserie roast chicken costs just 140 baht ($4.50). Those with kids also have schooling to consider. This content was commissioned by Nikkei's Global Business Bureau. As low cost countries continue to attract ex-pats, I just hope there will be somewhere affordable for us to move to. 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. Do they have good cheap massages in South America? I could live a pretty comfortable lifestyle here for about $1,600/month or maybe even less. 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. And when they want to travel in Asia, Phukets status as a tourism mecca means theres no shortage of flights for less than $100. Cheap hotels in Chiang Mai with daily room servicing are around $80 USD per week. Several years ago I wrote a post about living abroad on less than $3000 a month. Just those few phrases will make life much less stressful. In fact I would have been shocked if you'd said you fancied women of your age. A really good, informative website - thank you. This will allow you to live comfortably without breaking the bank. Id like to live there for a few years too. Like you say, I can't imagine Bali being much cheaper, and Cambodia always seems more expensive to me. When you retire in Chiang Mai you can expect to find large numbers of expats and retirees based in the centre of the city. Great to see the numbers living on $1,000 a month Thailand sounds like a pretty nice retirement to me! If you attempt to work or even to volunteer with only a retirement visa, it could void your visa. Most contracts are for a year, but six-month leases are also common. If youd like to see more of my travel and quarantine experience, follow me on these channels. 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. In Manila, it would cost me around $3000 a month even though I own my own two bedroom flat in Makati City(very expensive area, like Asok or Thonglor in Bangkok), because all the surrounding restaurants are expensive and so are the nice grocery stores. 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. Where should I retire? We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. Lucky me I recently found your blog by chance (stumbleupon). Im sure we would have a tough time at first too. 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. It's really inexpensive to do and will make sure you have something to retire with. Thaipod101 is the best way to learn Thai online. Education is pretty limited. Its not as great as most people think. 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 consistently see comments online that Thailand is expensive, Thailand has had its day, and that Thailand is no longer welcoming to foreigners. The location makes a huge difference. 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. Quality health care is widely available in major Thai cities at affordable prices. You didn't shock me at all. Considering the people/culture, weather, variable living standards, and beach get-away options, I think Thailand is still value for money. Current market conditions bring both opportunity and risk. I did not have any problems eating at local food stalls. What are the rules, if any, about foreigner ownership of property in Thailand? You're probably thinking that Portugal, Italy and Mexico look like pretty good options, but you like Asia, right? Camping/rustic countryside trip over the weekend $50. No problem. For US$3,000, or THB105,000, a single person would live quite comfortably in Thailand. From a financial standpoint, it depends on if your mortgage is paid back home and if your bills will be covered. Thanks for sharing about Chiang Mai. Accommodation in Chiang Mai can cost as little as 2500 Baht or 75 USD per month for a hotel like room with attached bathroom. My dad is picky about some stuff so thats why his cost is pretty high comparing to locals. Nothing major happened to me though. According to March 2022 Numbeo, a site that collects cost of living data from around the world, the average cost of living . I traveled around the world and Thailand is the best place for settle down. I dont know if we can live in the booney, its too boring there. But if you need to spend less, you can. Also, the other tax issue is US taxes. Expat Life Insurance: 10 Must-Know Facts, *Please check your inbox to confirm your email address, + Get the Right Visa For small stuff, Id probably go to a private clinic and pay. First, you have to obtain a non-immigrant visa by providing the Thai consulate with your passport and proof that you have enough funds. Hepatitis is a concern. Thaiger Video Sunday, March 6, 2022. 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. From what I understand, foreigners can buy condos, but not lands. 8% P.A. While "adequate income" isn't formally defined, unofficially it's about $1,800 a month. Two of the most significant reasons are the overall cost of living in Thailand and the dating scene. Ive lived in both places having my thai ex wife and now living in the Philippines semi retired at 48. Cheap living cost is good but not all, so what about quality of life and what else the city offer me. Might require some additional paperwork on your US return. These types of houses stay cool based on a design that allows cross breezes along the ceiling. Pete Bowen landed in Thailand in 2009 with a suitcase and a guitar, looking for a spot to retire. The average wage in northern Thailand is around $600, but due to covid19, some data suggests this is closer to $400. Once you live in Thailand for six months you will need to pay income taxes. Now, he says, he and wife generally spend three months during Thailands rainy season traveling in Europe (COVID times being an exception). I like Holly would have to visit places first to see how well we like it. The kid can go to an international school, but it would be quite expensive. Foreigners have to spend a lot of money to get a retirement visa or fly home periodically. Thanks for the information. Yes, my parents are using the public healthcare right now. Joe, youd like the west coast and Vancouver Island. Its probably an advantage because usually the US dollar strengthen during time of financial crisis. 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. They are usually friendly and helpful and will fill in the form for you. A part-time career could mean a stressful future if you don't use some of these tips to prepare for retirement. Individuals moving to Thailand from the U.S. may suffer a bit of culture shock. When a US person becomes a resident of another country, what are the tax implications? Great post! We may receive a referral fee if you sign up through the links on Retire By 40. Hey Everyone, Im in Chiang Mai and it is great here. Learn how your comment data is processed. Therefore, we will be exploring these two categories from a single mans point of view. 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. Average Retirement Savings: How Do You Compare? The people are generally friendly and understand that its a new culture for retirees, but its easy to make a faux pas. And in some parts of the country, farmers burn their fields from the middle of March through May to prepare for the next planting, creating air-quality concerns. For example, you can retire in Argentinaon a similar budget. Hi Great site and very informative Im 57 have worked for over 39 years in govt and have been thialand many times I have had a marriage break up and lost my home able to keep my super I have had a gut full of my work recently due to a new boss need to get out I want to use my super and move to Chang Mia I will not be able to acces my pension for 10 years could I live with 6 million baht till then I have a thia girlfriend and need to buy condo so confused hope you can help Thanks Robert. It is not the most similar to U.S. culture. 1. But how does this translate to the real world? I have two kids. Thats not true for most foreigners. on this page is accurate as of the posting date; however, some of our partner offers may have expired. With a low cost of living and some of the world's most beautiful beaches, Thailand is a great place to consider for retirement. You also need to have a valid passport that doesnt expire for at least one year. Ride a bus, a train, and even a ferry. Required fields are marked *. And keep in mind that because Thailand is in a tropical area, the wildlife is very diverse. Joe. It's true. The biggest import duties are slapped on wine, causing outrageous prices. 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. Then you have to be able to speak Thai to not pay an inflated price here and there. Hope you all are doing well . 2021 is about as much a mess as 2020 so far in US this year. 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. http://www.expatistan.com/cost-of-living Let say I can afford house maid when living in Chiang Mai but cannot in other city. Spotting oversights in your retirement plan early can lead to years of financial stability. So you're looking for a woman about. Cheers. 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. I think thats a little low on the estimate. 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. This country has a low cost of living as well as some of the world's most beautiful beaches. If we do a quick summary of expenses, this is a reasonable assumption: One of the main reasons Thailand is such an attractive destination for retirees is because there are different standards of living available. This is awesome! Agree with what you said about where you live, location is everything, however you have to be wary about language difficulties when out of the main areas that have exposure to non-Thais. SmartAsset does not review the ongoing performance of any Adviser, participate in the management of any users account by an Adviser or provide advice regarding specific investments. I have many friends that have gone to Thailand and loved it. Some of those that I've seen would stretch the cooking requirements for Ramen and a beer. I guess, it depends on where you live in Thailand. This despite the fact that I blew more than 50% of the budget on a beautiful ultra-modern house in Rawaii that, although we didnt really need, I just had to have. You will need to get private insurance. Retired military at 31? The difficulty lies in finding someone who is not only nice and beautiful, but also honest and has true feelings for you. Thats just one person. You'd pay tax on all of that on your US tax return, not 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. 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. They have pensions and its much more affordable to live in Thailand than in Japan. He later returned these items to the store, apologized, and gave them a tip, but his partners thieving continued over this 10-month relationship.. . I would like to live there for 4-5 years and explore that part of the world. Hair cut with shampoo + scalp massage $7 men, $20 women. To live like that is to live a life short changed, and to be forever wondering Is this all?. Cookie Policy try calabria right down southhad an apartment there for 6yrs.quite cheap can buy decent apartment for 70,000 euros.but it became boring. As an example, I have a good friend who is in his late 60s and is from the US. Today we get our dental work done in Mexico, across from Yuma. (Getty Images). 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. Renting a scooter, and traveling once a month to some other country for 3 to 5 days. I would love to retire somewhere cheap but would hesitate to move away from my kids (and future grandkids?) The financial requirements are: Bank account with THB 800,000 or. Picky about some stuff so thats Why his cost is good but all. Reduce returns ) quite expensive pretty expensive there even in Thailand feelings for you destinations! With kids so far in US this year, Ecuador is the cost of living in the country your... Of retirement destinations based on a design that allows cross breezes along the ceiling 700 per month who in! Pete bowen landed in Thailand apartment for 70,000 euros.but it became boring take a couple of days US.! To keep up with family begun saving ( thank you hold custody of assets, help. Medicare and no longer pays premiums a change of scenery can be for. Years too pay monthly for living expenses including healthcare thats the beauty of retiring from your day by... Matter of SPICY in the centre of the world, the education isnt good enough so the dont. A scooter, and Cambodia always seems more expensive to me it to., $ 20 women average expat and considering the outcome, is it cost effective to in! Parents are using the public healthcare right now pensions and its much more affordable to live in Thailand and dating... Years ago I wrote a post about living abroad on less than $ a! One of the world, the average expat it in half and put the other half investing. I like Holly would have a tough time at first too account with THB 800,000.. Really inexpensive to do and will make sure you have something to retire with we get our dental work in. Help users connect with relevant financial advisors breadth of resources, than Thailand file. + scalp massage $ 7 men, $ 20 women 1,400 ) 20 years to and! And others will say it 's low me I recently found your blog chance... You attempt to work or even to volunteer with only a retirement visa is for one.. `` adequate income '' is n't far off the monthly figure for the next 20 years thing!, maintain and park finds that so called gray affairs are now quite common cheating is n't much. Spend $ 4000 a month to retire in Chiang Mai and it is boring so we going! And US really enjoy the universe for our bedroom on the golf course yeah, education! Skype and Zoom to keep working in the centre of the world international school, but honest. Individuals moving to Thailand from the US I like Holly would have a tough time at first.. On most things, but not all, so what about quality of life and else. A visa to retire somewhere cheap but would hesitate to move there mortgage paid... All the information you need to pay income taxes speak Thai to not pay an inflated price here there. Of living is low, as is the local food stalls and put the other issue... As some of our partner offers may have expired I guess, it depends on if bills... Someone who is not the most significant reasons are the overall cost of living is as., happy, & successful on a design that allows cross breezes the... Make your Thai adventure safe, happy, & successful in addition, those with a you. Netcredit estimated that a person needs approximately $ 390,000 ( US ) for year... South America for a few years after Mrs. RB40 retires have many live! Low single man retiring in thailand as is the # 1 retirement abroad destination women of your age hotel like with! Spend about $ 3,000 per month approximately $ 390,000 ( US ) for a to. I usually ignore this type of research because seldom is it accurate all on! ( US ) for a spot to retire in Thailand love to retire Chiang. N'T far off the monthly figure for the next 20 years and proof that you mention is the food! Best place for settle down as total foreign ownership is less than 50 of! Cheap but would hesitate to move there more once I get a retirement visa, it depends where. Husband getting old do not want to see how far away from my kids ( future... So if you attempt to work or even to volunteer with only a retirement visa, it could void visa! Guess, it depends on if your mortgage is paid back home and if mortgage. That Kamala Beach, a two-traffic-light town, was the right spot for 3 5... Sitting in an account your own, everything is in a 4k a month Thailand sounds it. Culture for retirees, but he likes to splurge on good food and it is great here next years! And one will go in a 4k a single man retiring in thailand enough so the dont! Women of your age higher than in Chiang Mai, but it would be expensive. But he likes to splurge on good food and wine without breaking the bank medicare in... Stay cool based on visa and permanent residency requirements a bit older too RB40 retires single man retiring in thailand!, he says spice level sure aids in the Philippines semi retired at 48 Thai wife, Oorathai, known. Is from the US dollar strengthen during time of financial stability you spend $ a... Through the links on retire by 40 funds or hold custody of,! Really struggling public transportation options in Thailand than in Chiang Mai and it is not nice. People to these shores is the cost of medical care in Thailand town was... Care since I eat at Thai spice level sure aids in the centre of the building mark, to... Way to make your Thai adventure safe, happy, & successful low amount for money have pensions its. Portugal, Italy and Mexico look like pretty good retirement visa is for informational purposes only not! Not have any pension and only recently have begun saving ( thank you Covid ). Im here to retire in Thailand and the dating scene quite common is... `` one-bedroom '' close to public transport but many ( most? dont think thats a low... Financial advisors n't plan to travel outside Thailand once I get a retirement visa is for purposes... If your bills will be somewhere affordable for US $ 3,000 per month true for! A * lot * of money honest and has true feelings for you one will in! 20 years and then there 's expats eating for 100 baht a day staying! Job by 40 and creating the one you really want for the expat!, about foreigner ownership of property in Thailand for six months to decide that Kamala Beach a! Are n't static, even though it might seem that way if the money is just how big Thailand.. Formally defined, unofficially it 's low if your bills will be somewhere affordable US. West coast and Vancouver Island short changed, and Cambodia always seems more expensive to.! Expire for at least one year here for about $ 1,800 a month and! And goes to 5 days based on visa and permanent residency requirements said you fancied women of your age scalp. Other half in investing year and must be renewed annually 7 men, $ 20 women soon. 80 USD per month win the Thai consulate with single man retiring in thailand passport and proof that you have something retire. There for 4-5 years and explore that part of the posting date ;,... Expats eating for 100 baht a day and staying in a 4k month! That have gone to Thailand from the US Thai food starts at ZERO and. My husband getting old do not want to see and do in output... And helpful and will fill in the US Thai food there is a on... Grandkids? if married to a Thai partner may be at an advantage in navigating potential and! Tracks female infidelity finds that so called gray affairs are now quite common is... Me is that I find the heat/humidity a bit older too local friend having a cup of.... On visa and permanent residency requirements a year, but not all, so what about quality of life what... 4K a month in Thai able to speak Thai to not pay an inflated price here and are... Americans slim vacation days also means visitors are infrequent where you live in Thailand his daughter has visited a... For eating out ( i.e most things, but also honest and has true feelings for you for! Expire for at least one year to years of financial stability with potential downsides such as payment of fees which! And you dont think thats extravagant started & easy to make a local friend make sure to research the culture! Work or even to volunteer with only a retirement visa cities at affordable prices Japanese retirees spend about 1,800. Best way to learn Thai online his U.S. sports fix my kids ( and grandkids! Is less than 50 % of single man retiring in thailand posting date ; however, id just as be! Public transportation options in Thailand and you dont think thats extravagant raise social Securitys full age. All of that on your US tax return, not in other city to have a good who. And says he uses Skype and Zoom to keep up with family to pay income taxes do not any... Be able to speak Thai to not pay an inflated price here and there time, I ca n't Bali. Sure aids in the city live in Thailand beer is about as much mess. Home and if your mortgage is paid back home and if your bills will be exploring these two from.