He Sold His Company And Moved To Thailand
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- čas přidán 19. 06. 2024
- Born in France, Tim spent the bulk of his early years bouncing back and forth between Europe and Africa before eventually moving to Canada where the entrepreneurial bug bit him. Over the past decade… he’s built, scaled, and sold three businesses and just last year… relocated to Bangkok, Thailand with his wife Bella as they prepare to start a family and gear up for the next Chapter. This is Tim’s Thailand Blueprint.
Check out the Thai Language challenge here: www.thailanguagechallenge.com...
Here's where to get the private video from Kru Fah: www.thailanguagechallenge.com...
Tim's Channel: / @nextbigwavepod
If you live here in Thailand and are interested in sharing your Blueprint... you can reach out to aparker2295@gmail.com, let's chat.
CHAPTERS:
00:00 Intro
00:31 Making The Big Decision
02:06 Tim's Path To Thailand
06:09 Why Didn't Tim Like Manila?
07:09 Getting Around Bangkok
08:21 Bangkok Vs. Koh Samui
10:45 Tim's Favourite Things About Bangkok
12:34 Importance of Infrastructure
15:27 Setting Things Up (Condo, Internet, Phones)
18:53 Tim's Neighbourhood & Lifestyle
22:15 Monthly Cost of Living
26:26 Thailand Vs. The Philippines
29:17 What Does Time Do Now?
29:45 Tim's Visa
30:32 What Do The Next 10 Years Look Like?
31:54 The Cons of Thailand
35:48 Relocation Advice
37:22 Wrap Up
Here's where to get your Thai Language Challenge sneak peak video from Kru Fah: www.thailanguagechallenge.com/a/2147830744/o4KBZn5b
Your voice reminds me of the host of "Retired Working For You". Related?
Solid interview!!! I loved Thailand
Fabulous interview. Tim is super interesting and very generous with his 'life detail'. Like. Keep it up.
Amazing video! Me and my family are moving out to Thailand and we are lucky we can still run our business from Thailand. It’s alway great to listen to other entrepreneurs making their move to Thailand 🇹🇭
Do you need a working permit for working out of Thailand then ?
@@ojbkk Yes, you need to have a proper Visa (Non-B, SMART, LTR, etc.) and Work Permit to legally work from Thailand. This includes Remote Workers that work for a company or have a business outside of Thailand.
@@adamparker21 the thai working permit includes ur business address, which cant be someone private condo.
@ojbkk Correct. Technically, you would need to find/rent 'office' space if you were a remote worker that would be setting up a Thai company. You would also need 4x Thai staff on the books in order for a Work Permit to be issued. If you are a higher earning remote worker (ie. you worked remote for a larger company) you would be better off going the LTR visa route where you don't need to get office space. You'd also get a digital work permit out of this versus the standard Work Permit that would typically be issued alongside a Non-B Visa (if you went the route of setting up a proper Thai company).
I’m a Thai Citizen so I can’t help with that information. Best thing to do is get legal advice as I know there is a bit of a grey area as it depends on how it affects Thailand, like taking work away from the Thai people.
Cool interview, guy reminds me a lot of me when I was younger. Semi-retired after selling my business in my late 20s and have spent the last 20 years helping build start-ups throughout Asia. You have good interview technique, sir, keep it up.
Awesome! Do you live here in Bangkok?
I'll try to find you on LinkedIn, ok?
"When I was younger" damn I'm sure it's not that long ago ! Well... adding CEO on your name might give it away actually
Hello Sir Adam this is Clarrise from pjilippines ..my partner is coming to thailand for holiday. Is there any whaysapp or email that we can communivate with you.
@@clarriseabapo9543 Please check the email address I've listed in the description of the video
Thai/ Canadian here, not gonna lie. I am envy of the expats in Thailand. Good for you guys. 4 bedrooms house in outskirts of Toronto is $3500 , lol. Fast food is $16 person, let not talk about cell phone, internet, etc.
Thai/American here. In 2-3 years, I will be moving back to Thailand for an early retirement. Can't stand the USA anymore! It's not the same country when I was much younger. You should do the same!
@@kevinp8108 yeap, got a nice land last year. Hopefully next year, start to build my dream home this year.
Every time I see your stuff pop up I get excited! Every one has been great so far. Keep it up, Adam!
Thank you!
this is one of the most helpful videos about a guide to Bangkok ever !!!. Thank Adam. It would be nice if you do an interview with an expat family about their experience in enrolling their child in IB school, thanks
Video on that coming soon!
Another great interview Adam. Thank you for providing so much insight.
excellent interview video! Thank you 😊
Another great interview ... you have a real gift in helping your interviewees shine. Tim's story is inspiring and his guidance spot on. Can't wait to see who's up next!
Thanks Bob!
Great interview, Adam! Good conversational interview and liked the beautiful background. I’ll be moving to BKK this year and can’t wait! Thanks 🙏
P.S. like the inverted plastic pot + tripod setup! 😁
Amazing insight, that backdrop says it all! I'll be heading to Bangkok long term come the fall from Toronto as well!
Awesome!
Good interview. In Sri Lanka at the moment, back in BKK in a couple weeks. Can't wait to get back to the world's best street food.
Nice!
Good interview. Great job, Adam.😊
Thai people are glad that you chose to live here .May you and family be happy .
Khop khun khrup!
Another solid Adam!! Good Job!
I like the content on your channel. Your videos have made Thailand more well-known. Thank you so much on behalf of Thai people. Foreigner that I've seen in many videos has big smile when live in Thailand. So already subscribed your channel and will introduce to my friend 😊
Nice to hear an interview from a "normal" expat that has a head on his shoulders and can express himself in an articulate manner.
Great interview, thank you for sharing!
Good interview on your great experience❤🎉
Good job, Adam. I enjoyed the entire interview; it was very enlightening.
Thanks!
My dream to live in Thailand
Great interview!
Great interview. Looks professional.
Another good discussion. We live (share time) between Samui and Isaan. We enjoy BKK we really like Chiang Mai but the air pollution prevents us from moving to either of those otherwise fantastic cities. Good work Adam
Great interview.. really appreciate the insight and perspectives. Making a similar move myself 🇺🇸➡️🇹🇭thank you!
Amazing video
I just paid my electric bill, 2700 baht for a one bedroom 46 sq meter condo at the government rate. So 4000 for a place that big isn't bad. Probably my largest bill to date but pretty sure this is the hottest weather I've experienced here.
You should get out of your condo every once in a while. Jesus.
@@JohnCladVanDamn You should get out from behind your keyboard every once in awhile. Jesus. Hey, come on down to Benchsiri park in the afternoon/evening and join me for some pushups and pullups. I'm there two to three times a week. Even in the heat. If you're even in Thailand.
@@exalhoa I’m here now. It just quit raining.
@@exalhoa YO. I SAID IM HERE. COME FIND ME AND LETS CHECK KNUCKLES. I KNOW KARATE
@@JohnCladVanDamn OK GUESS WHAT I JUST GOT MY NEW BILL AND IT WAS 2800 I GUESS THAT MEANS I STAYED IN EVEN MORE
What a life! Great interview
Son of a French diplomat. Life is sorted from day one. 😂
Great interview you can be in any city in the world if you want to be Thailand is great ai also miss s few things in uk my wine cellar and my classic cars tough live “good luck guys “
Interesting guy. Agreed with everything he said.
Makes me appreciate living here watching this.
Agree with his opinion on food too.
Really interesting interview and I can relate so much as my life has been very similar in some ways! Interesting that so many of Adam's interviews have some relationship to Canada! As do I... A lot of the tech powering some Canadian brands like Pizza Pizza is actually built right here in Bangkok ;)
Air quality for raising kids would be a concern. My are grown, I’m in! Thanks again Chris’s nephew, I mean Adam.
Totally it was an issue for us here in Hong Kong but Bangkok pollution is at a whole different level. Obviously the night they've shot the video it looks gorgeous, likely heavy rain earlier that afternoon actually, but a lot of the time when I was seconded to Bangkok the air was more a solid than a gas.
Don't get me wrong, it's a fantastic city and in retirement I'd totally consider it, my lungs have had a good innings😂 But with babies etc - nah not for me
Hi Adam - Great content and well done with your channel so far. I'm interested in content about expat families from the USA, particularly regarding schools.
My wife is from Bangkok, and we're quite familiar with the city and absolutely love it. We've been living in the US for several years now, and our son is currently 3 years old. We're contemplating a move to Bangkok in the near future, possibly when our son is entering 3rd to 5th grade.
We'd love to hear from expat families about their experiences with the education system in Thailand. Specifically, we're curious about the differences between public education in the U.S. and private American international schools in Bangkok, and how well these schools prepare students for college and beyond.
I love Thailand always amazing.
Thx for this, can u plz link the real estate agent he used? Thx
Amazing you can get such a high class lifestyle for such a price. Although people with that much money aren’t watching this video 😂😂hopefully when I move to Bangkok I can live well on half that ❤️🙏 thanks to this dude for sharing his interesting experiences and ideas.
Looking forward to visit Thailand atleast for a month
ยินดีต้อนรับนะครับ : )
Great interview - is this River View Residence?
Yep
What was the visa process like? How do they stay there for so long? Would love to gain more insight to that I am also Canadian.
Thumbs up 👍 Adam
Intersting he mentions the honking in manila. This is also a huge issue in vietnam
Cool interviews man, well done on your start. We have a place at the beach in Thailand and are keen to relocate but I am concerned about the level of pollution. Would be interested to know if you and your guests take the environmental degradation, and the impacts of this degradation on your health into account when deciding on this major life move?
Thanks man and yes. In Bangkok I think the pollution should 100% considered as a very real ‘negative’ when listing out Pros and Cons as part of a potential move. Is it unbearable every second of every day? No. But it’s definitely noticeable enough (particularly from January to April) where it affects quality of life when outdoors. I’d imagine the same would go for Chiang Mai during the same time frame. I’m not sure what part of the Country you have your place at the beach… but air quality and pollution usually isn’t an issue in the Islands and would be far less of an issue anywhere along the coast a few hours south of Bangkok (ie. Hua Hin, Chumphon, etc.). There would be the odd polluted day… but it would be rare and I don’t think a move to the beach would warrant much thought when it comes to air pollution. That’s just my two cents.
Adam, can you do a video on Vietnam?
How old is Tim? great video btw!
37. In the video. Also son of French diplomat. If that helps
I won’t live in Toronto either. After living in DC area in the last 30 years, I fled to Florida. Still looking for a better country to live. Bad people in power is ruining the U.S.
Where is the location of this interview? 🤩
Great! What is the name of the spot where you conducted the interview?
River Vibe Restaurant in Talad Noi
What is this Smart Visa that he mentioned? I have not heard about it
Thank you Adam and Tim: I was born in Tanzania.
Tim: yummy nyama choma and ugali!
This is a very informative video. I'm thinking about moving to Thailand for retirement. Wondering if it's possible to rent a small house with a yard in Bangkok around USD$300~/M. Suburb is fine, but concern if their rapid transit goes there/ public transportation system is convenient there? Most importantly, if their big grocery store chains would deliver grocery to suburban areas ( I have arthritis in both hands)? Chiang Mai sounds interesting too. Is that true that Chiang Mai has more retirees ( seniors) while as Bangkok has expats of all age groups? Thank you. 😅
At current conversion rates, that's just under 11K Baht per Month which is doable. But... it would be a small house deep in the Bangkok suburbs. The sort of neighbourhood where it would take you 45 minutes to get into the central part of the city by BTS or MRT (ie. Bang Na, part of Samut Prakan, Bang Wa, Nonthaburi, Suan Luang, etc.). Nothing wrong with this at all. In fact, those neighbourhoods are often pretty cool and if you're okay to live a simpler life without the hustle and bustle of the big city, might even be something you prefer. At that price point, my guess is that you'd end up with a small, simple, but pretty decent 2 or 3 bedroom house. As far as Bangkok versus Chiang Mai goes, I would say that there's a higher percentage of the foreign-born population in Chiang Mai that are retirees. Not sure on actual numbers though. What you stated makes sense. As far as grocery delivery goes, yes... this would not be a problem.
@adamparker21 Hi Adam, thank you so very much for the informative reply. Really appreciated. Despute 2 - 3 bedroom is an overkill to me, I'm only glad it's possible. What I'm hoping to get is hopefully a simple living space (a studio / 1 bedroom or anything, besides a small house) not too packed with people ( most condo communities or the like have so many tenants and so intimately "connected" that dies not leave much room for "(mental) space" and sometimes privacy). Wondering if it's possible to get something like that in areas that's a bit closer to the central city with USD$300/m~ Thank you.😅
Yes - possible. But it would be a Studio or 1-Bedroom condo. You'd be able to find that in a solid neighbourhood (not right in the centre of the city but a 15-minute BTS Skytrain ride away....). As far as finding a condo building with not many tenants goes... that'd probably be tough.
@adamparker21 Thank you, Adam. Really appreciate your reply. 15 minutes Skytrain away... sounds like $300/m won't get me even just a studio in the city. Is that for both Bangkok and Chiang Mai. Just for my information. 😂
You can stay further out of BTS, Condo price is much lower, just make sure that it is near BTS station.
Yep - agreed. Some great condos below 10K per month in places like Udomsuk, Bang Na, Ratchayothin, Itsaraphap, etc.
Tell your interviewee that PREPA (French pre-engineering studies) is not the equivalent of PREP SCHOOL (junior school before UK private secondary school).
One thing I was wondering is the cost of going to a school that offers IB in BKK. Doubt there are low cost public ones, or? We talking about boarding school level fees probably?
Depends on age/year as well as school. I would assume a safe range (for purpose of having some semblance of an idea) would be 400K Baht per year up to 1.1M Baht per year for a reputable International School that offers IB curriculum. I'm going to be doing a video with a young family in 2x weeks time so will ask that question!
Great video - I think for 3 Bed etc, 57 is a good price !
That's equivalent to 1500+USD per month!
For less than 1000USD In Kuala Lumpur prime city centre district could get you a Condo with infinity sky pool & gym some even comes with sauna wellness spa area all with the magnificent views of Petronas Twin Towers!
Comparing apple to apple for the same life quality it is much more affordable in Kuala Lumpur with much less air pollution & traffic congestions too!
czcams.com/video/8ZFG4mf5F10/video.htmlsi=lD_OmT1tplT53q0p
czcams.com/video/n3HY4U2N0EQ/video.htmlsi=QQGM7fckMyO9RNup
Good!
Sounds like he'd be suited to KL (greener than Bkk) or Penang (better infrastructure than Phuket).
🙏🏽
Which condo in phrom pong is it?
Siamese gioia
How do you make friends in Thailand?
Top international schools cost 30k usd
What is the channel of Tim cuz i want to build startup. Thx.
I've left it in the description of the video, just check there
What about visa requirements?
Don't tell everyone how great Bangkok is, otherwise to many want to come 😂
Hi, great video! What do you think about Thailand's new tax law from January? Now, all money transferred from abroad to Thailand could be taxed up to 35%. Of cause for people who are there for 180+ days per year. It sounds like it could really add to the tax burden in Thailand, not to mention all the extra hassle with tax registrations and returns, right?
it's nothing special or unusual. If you're living there more than half the year, then you are a tax resident and need to pay tax on income - income from any source globally. The thing is that Thailand has a tax treaty with many countries, so most people won't be taxed twice.
USA citizens may be double taxed though, because USA never lets you 'leave' the USA, for tax purposes.
he look so young. how are they able to stay in Thailand for so long?
Bangkok is attracting young, swanky, international, entrepreneur types who have got $$$ and can therefore do anything
He has a business type visa, the cheap visa’s are for the retirees
@@Southeastasiantraveler@Southeastasiantraveler VISA options for people under 50 are quite expensive!
He is a son of a French diplomat. Think about it. His life was sorted at birth. So not for your average Joe.
why is the new tax revenue law impacts not being discussed in your interview??
Lots more Canadians will join young justin t in bangkok on his yt channel so we will hear many stories😊
Canadian socialism and 50% tax might make it hard to live in -30 weather
His Thai business partner can be just a law firm
Love the condo
What is the name of it ? If you don't mind
Nice 57k
Siamese gioia
@@kelvinscomps thx
Despite what people say, living in the PI with even as semblance of a western lifestyle will cost you more than living in the USA...
A great interview, but Tim is definitely well off when it comes to income. If you want, what you can afford is different. Visas for people under 50 are expensive! Health insurance is another cost one needs to consider.
Agreed 100%. Visas for those under 50 are not only relatively pricey (compared to a retirement Visa) but also tougher to get in many cases
Son of a French diplomat.
Comments support.
A lot of honking tho... :)
Do you think you can do some videos on people who are around 70 and retired to Thailand at that age and why also could you please tell me how many baht i would get for 1 Canadian dollar thanks.
Can do regarding your request. And as of right now (the time of writing this)... the THB to CAD conversion is $1 = 26.94 Baht. Obviously this changes every second of every day... but the general range over a long period of time seems to be $1 CAD = 23 to 28 Baht
Bhat reference is very disappointing.
Boy he. Is a talker….less words people
I disagree. I love longer interviews where you really get the time to know people, their situation etc. it’s the opposite of the Tic Tok world.
Great interview. 57k bat is $2100 cad, which is insane. He said it’s a third of what he paid in Toronto. There aren’t $7000/month 3 bed townhomes here. Seems like a stretch to me.
It's $1550, and yes there are $4500/mo townhouses I'm guessing. You calculated at 80k baht which was the asking price
@@patrickwilliam3322 thanks for clarifying. I’m in Toronto and I envy where you are right now 😄
@@afzalshaikh2128 Unfortunately I am in the northeast US and it's hardly cheap here but not quite as inflated as Canada
Dude you speak exactly like you dad. Is he still around? I use to watch his videos
Chris is my Uncle and yep, he still makes videos
Use USD as this is mostly for an international audience. Or mention the xchange rate. Tge whole video is made useless because of Bhat mention😚
Making horns is rude in Thailand. Don't make horns unnecessarily here.
When in Rome , do as the Romans do .
Bangkok ground is unstable. It's slowly sinking they filled in all the wetlands
AIS😂😂😂
So manage a business, not a job.
Bk brings the best of the best and the worst of the worst. So many scamming farang there
Looking for talent or looking for a cheap labour in Philipines haha
People that moved to Siam they will cut their life short due to the fact that this country got the world worst air pollution of all time. Not to mention in Bangkok. Talking about Lung cancer and skin cancer and a lot more diseases.
Exactly! Just after 1 week staying there in BKK I suffered non stop asthma that hasn't occurred since my. Childhood! Such a nightmare walking around breathing it in day & night!
I could even smell the car exhaust fumes in the air pretty sharply tbh!
That's no place to raise my kids in taking all those pollutants in daily!
@@marcusgoh73 yuk ridiculously unhealthy let alone burning season, might as well move to Mumbai
Saigon is way better than Bangkok and way less expensive
No way Jose!
With all the lawless chaotic motorcycles honking away like there's no tomorrow zigzaging through the streets violating 1 red light after another?!
That's not a place where I want to raise my kids in!
Does it smell like weed? The most pungent smell in the world!
You are completely missing the point - subtract 10 to 15 years from your life expectancy if you stay in BKK. Air pollution will cause you long term latent cancer and respiratory problems. If you have children they will also suffer from breathing in dangerous chemicals. Ask yourself now where you want to live?
That makes sense. Long-term exposure obviously can’t be healthy. Far from it. I especially dislike the air when caught in traffic and taking in the fumes from the busses. No good. I’ll likely head South at some point in the not to distant future with air quality concerns being one of a few reasons. Fair comment and something worth seriously considering for anyone of any age considering life in this city
Haha get over it. Pollution is bad globally.
@@kevinthailand2567That's not true at all! Japan still has the cleanest air quality even in CENTRAL Tokyo you never get any fogs from car exhaust fumes!
Nowhere on earth is it as bad as BKK or Manila! Saigon follow suite thanks to all it's millions of motorcycles because those exhaust FUMES are all UNFILTERED! So it goes straight into your lungs in full glory lol!
Not somewhere I wanna raise my kids in!
Which working permit do you have that allows you from working from home ?
@@ojbkkdude is son of a French diplomat. They have more options that most people do.
I'm Thai, I can say our country is not the best for sure, we've many bad sides, The bad things I don't like are our politicians and the bad laws!. But I love my country the most, what you can find here is peaceful. Have peaceful and happiness in Bangkok Tim and your wife.
Why did he fail to compare Kuala Lumpur with Bangkok since they are much closer to each other & much more similar than Manila when it comes to amenities, infrastructure, living standard GDP per capita, food choices wise etc?
Like how this famous vlogger did..
czcams.com/video/hPc2liylPro/video.htmlsi=uH6nLQIPh0IjQZOg
Because Tim never lived in Kuala Lumpur. He spent 4x years living in Manila so was able to make a comparison and provide his take between the two cities. He never lived in KL so obviously couldn't comment on that. I've also never been to KL so I can't provide much commentary there other than the fact I've heard great things about it
@@adamparker21 I know for a fact that Tim never lived in Kuala Lumpur before otherwise he wouldn't be missing all those benefits.
What I was trying to point out is the fact that he didn't even bother to compare all those cities or at least do some background research before deciding to stay in Bangkok!
@@adamparker21 I am just shocked & surprised to find that for someone who is so well travelled internationally & well versed in multilingual business environment as Tim to not even compare/consider Kuala Lumpur & Singapore as his potential residential/investment hub...
@@marcusgoh73
I am a Westerner and many I have spoken to suggest only a few days in KL and have a better time in Penang. I don’t know the points you suggest, but they aren’t well advertised. Even Thais that work in Malaysia prefer Thailand. Perhaps those in charge of travel should better promote your country. I am sure there many points missing and it was refreshing reading your advice. Glad you are enjoying life and informing others.
Cheers 🍻
@@bobbyg7397 Thanks for reading my comment & replying on it too 🙏
Haha what a coincidence I'm from Penang originally! Yes Penang is nicer to visit since its a cultural hub thanks to its Unesco status to preserve all the heritage sites & building all across Georgetown same as Melaka further south from Kuala Lumpur.
But i don't get what you meant by the points suggest aren't well advertised? Which points are those? If you mean the benefits of living in Kuala Lumpur or Mala9in general you don't need to look far & beyond, just have a search on CZcams & you will find plenty of testimonials hehe 😎
Here are some I came across as references.. Even a few from the famous vlogger the world traveller Drew Binsky (he has been to EVERY COUNTRY in the world) So I think it's fare to say he could give a very unbias opinion as he have been living in Kuala Lumpur Bangkok &... Manila too lol.
czcams.com/video/ltAHWgAfyys/video.htmlsi=w_CdZdgYjZCvyv6w
czcams.com/video/TqaC4FwZsdo/video.htmlsi=WbOCcn-df59ZXmpy
czcams.com/video/W7DJCFialUA/video.htmlsi=DFxYD20E3zu3o9pk
czcams.com/video/SGpK6-7hGj8/video.htmlsi=WuP-5wnSrnnSnqgv
czcams.com/video/yzggsozk1bo/video.htmlsi=DUNB5pPU3sEe0n_P
Have fun watching! 😜👀📺
Filipino bawal umihi dito!