I Left The U.S. For Thailand - Look Inside My $544/Month Apartment
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- čas přidán 6. 07. 2024
- Paul Lee, 28, moved to Bangkok, Thailand from NYC three years ago. He lives in a 650-square-foot one-bedroom apartment in the Thonglor neighborhood, which Paul says is "the SoHo of Bangkok." The apartment came furnished, and Paul has access to amenities, including a pool and a gym.
Unlocked is a home tour series focused on how much people across the globe spend on their housing, what they get for the money and what they had to sacrifice to make it happen.
Check out Paul’s Instagram here: / impaullee
Produced by: Mickey Todiwala
Managing Producer: Beatriz Bajuelos
Supervising Producer: Jessica Leibowitz
Camera: Marc Aziz Ressang
Editor: Marisa Forziati
Animator: Elham Ataeiazar
Reporter: Celia Fernandez
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I Left The U.S. For Thailand - Look Inside My $544/Month Apartment | Unlocked
Thanks for having me and allowing me to share my story! I hope you guys resonated with my story and journey. My life and all of my previous values have completely changed from the hustle, hyper-consumerist and doggish style of NYC to my new life here in Thailand. Hope this gave you guys some fresh perspective on what it's like to move out of America and a glimpse as to what it's like in Thailand!
How much do you think you need to be comfortable there a month
Love this! My husband is Thai and we want to retire here someday.
I wish you could go over the details regarding citizenship or a visa to be able to stay in Thailand for so long. And if you learned the language prior to moving. I know there’s lots of small details to make this work so I’m very curious!
Congrats Paul!🎉
How come you picked Thailand over other Southeast or East Asian countries for example like Korea?
@@psp7851500 a month you’ll be pretty comfortable & live a fairly similar western lifestyle… 2000 is ideal so you can save some money.
"i am far wealthier in terms of my happiness, wellbeing and peace". He found what really matters, not materialistic happiness
Come on, he is living in condo. You know where most poor locals live?
@@Nonameakaweirdo dude the country overall is poor
You tend to be able to do that when your cost of living is so low relative to your wage. Meanwhile locals struggle to get by day to day
thats what wealth does. its very materialistic. He can afford all the luxuries he wants, and can now focus on the other things.
Very debatable. Have you been so poor that you can only eat rice and kerupuk (kinda like cracker)? The only people that says money (or materials in this case) doesn't really "matter" is only people who haven't experienced poverty, let alone extreme poverty before.
Smart move. Your peace should be your first priority. In the USA, you can make a lot of money but there’s always a cost. And that cost is your peace of mind.
100%
Why?
agree man,
“There’s always a cost” lmao there are other countries with longer working hours and conditions
@@mikeymaster2494 whataboutism there, Mikey. Just because one country has awful working hours doesn't negate his point about the US.
I watch this dude's videos and it's quite cool. Imagine being happier in a $600/month condo in Thailand than making $1M/year in NYC - he cracked the code
Found the cheat code 😎
He makes $150,000 per year which will give him the lifestyle of a millionaire in Thailand. He has the top score over there. The cost of living in Thailand is much lower than NY.
@@iPaulLee ssup fellow Korean! love your videos and wish you much happiness!
He was making $400K a year in New York. His quality of life making $150K in Bangkok is about the same. Guy is spending about $2K a month all in living there and just banking or investing the rest.
@@danf8047 What is his youtube channel?
Medical and dental is very affordable and world class in Bangkok. It is a great city for a lot of people.
Affordable comparing to what? For example, speaking of a dental care. What is a turnkey price to replace a tooth with an implant, medium implant supplier, not from Switzerland but from Brazil, Neodent, for example. I guess, this should be paid out of pocket - I doubt that a regular nomad insurance will cover such treatment.
Rama 9 Hospital wants to charge me $1200.00 for a colonoscopy. This is after I paid $600.00 for a battery of tests for a health check up for my age which said I was fine. Dont tell me Thailand is cheap...
Stop being so myopic, asian man...
I can tell you as a Thai citizen myself medical bills are incredibly expensive when compared to our cost of living and wages
@@bluiebird Same with US and Chinese citizens... :(
yeah, as a Thai who also a US citizen I have been living in both countries. While Medicare in the US is an industry where giving birth could bring one into lifetime debts. I still feel bad for Thai citizens the most though most of us had to work aboard to get that "cheaper" feeling to live in our own country.
I love Thailand. The people are so friendly, and their hospitality is superior. The cost of living is incredibly cheap compared to the US. I can eat out every single day, and the food is amazing. I also feel so safe here.
Im the same age also a transplant from nyc and lived in Asia for 4.5 years (Seoul, Bangkok, Shanghai)
Never looked back
These asian cities are light years better than like NYC, LA, etc.
Safe, convenient, clean, good night life, plenty of food options
If you can work remote and have an American salary living in one of these cities its like a dream
💯 agreed.
🤫. Don’t tell everyone.
I don’t know if Seoul is 😅 Rent here is crazy expensive
Come Singapore since all are so rich
@@Nonameakaweirdo No lah
bro stop telling everyone. soon they are gonna make bangkok like nyc
delusional guy.
I disagree man. I think Thailand and their government will continue to make Thailand and it's culture thrive. As long as expats, tourists, and foreigners come here and respect the people and the culture, it's fine. Thai economy also thrives on tourism/expats, etc.
yea im surprised this guy ratted himself out to the IRS, unless he renounced his US citizenship. I feel sad for him
@@kpokfposkfclearly you never been abroad and don’t know how any of this works 😂 to the IRS? Lmao, the IRS had tax treaties you don’t need to pay taxes to the IRS when you live abroad. It’s called the foreign earned income tax treaty. Secondly when you live in Thailand you pay less taxes to the Thai government. Please, educate yourself before making assumptions like he isn’t paying taxes or something. You’re just making a fool of yourself.
@@kpokfposkfwe don’t renounce our citizenship, we don’t need to, Thailand offers numerous visa options for foreigners to live & work abroad. Most notably the digital nomad visa.
Did you at least bother to do a google search before you opened up your yap box?
I moved to Thailand from America around the same time as Paul. I’ve done a few trips here before I settled on Thailand. The cost of living in Bangkok is a bit higher than the rest of Thailand but very doable. Especially if you have income from abroad. My advice is if you get the chance to live outside the US, even for a bit, take it and see what else is out there. Bring that new perspective home.
Do you do visa runs, or did you manage to get a long-term visa? Curious about the guy in the video as well.
Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
You're right
That is why I had to start forex trading 2months ago and l now am making benefits from it.
speaking of forex trading I know I am blessed if not I wouldn't have met someone who is as spectacular as expert Eugene Murphy
The very first time i tried, i invested $2000 and after a week, i received $19000. That really helps me a lot to pay up bills
As a beginner investor, it's essential for you to have a mentor to keep you accountable. Myself, I'm guided by Eugene Murphy. A widely known crypto consultant
If life was a game, USD x purchasing power parity would be a cheat code.
Yet most of the players in the USA don't realize the map is far bigger.
@@iPaulLeeHow do you make money other than teaching others how to make money?
Even inside the US. I've lived in LA all my life and when I got out to other states, everything was like 3-4x cheaper. Even going to northern California, it's half the cost. Just have to avoid the really big cities.
@@kvgolfaCZcams content and real estate. Did you not watch the video?
@@kvgolfaI make most my money through content (about 200k total followers). Sponsorships, partnerships, and my digital community. Also real estate commission
As someone who recently moved to Thailand as well I can vouch that quality of life and values change when you are here. Everything is more laid back and relaxed. People don't stress over unnecessary things, there's a sense of community and connectedness with society & people. Sabai Sabai
My husband and I were fortunate enough to be able to pay off our mortgage early. We were both still working, and took the payment amount that we had been using to pay off our mortgage faster and we put it straight into investments. We were able to retire early because of almost 7 years of putting away what would have been our mortgage payment as well as maxing out our 401K/403B plans. Thankfully we were taught by both of our parents the value of living within our means. Thank you for your advice. I know it will help people. we are interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Deborah Lynn Dilling is the licensed advisor I use.Just research the name. You'd find necessary details to work with to set up an appointment
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
This guy is definitely living his life🙂
🙏🏼
Really incredible. It's not the guys making 80k who feel depression, it's the guys who've already made it who are like, "Is this all there is?" Love to see how happy he is now in Thailand - it's a beautiful country.
80k buys quite a bit of happiness in Thailand
Delusional
@@KeepingItRealBro He's talking about guys in the US who make 80k, whereas he was making 400k and wasn't impressed with the lifestyle it bought in NYC.
It's honestly the truth
Another Korean-Amenrican from NYC living in Bangkok. I'm currently in NYC and I cannot wait to go back to Bangkok. 2 big cities but so different!
Bangkok is much more fun than NYC.
@@kayflip2233 nightlife so much crazier too
Everybody needs to listen to what he said from 8:00 to the end. That's exactly how I've always felt.
Peace and happiness over everything else. The stress, illness, and depression aren't worth it.
Exactly 💯 wealth is nothing if you’re not happy
This looks amazing was in Thailand in 2022 for 6 months the best time I’ve ever had definitely going back.
I also moved from nyc to SE Asia (not Thailand) for work. This dude is spot on. My only question about expat living in Thailand specifically is their new tax policies regarding bringing assets into the country. Definitely need to be careful before making big decisions
Vietnaaam right??
@@sew_gal7340Or Manila.
bro radiates so much positive energy
Thank you bro!
2:05 When he talks about how he made money to retire his parents and how even the success and everything that came with it essentially made him depressed. Keep that in mind. It's so important that you just have to feel good about where you are -- where you're living, how you're living. So many expats and individuals like Paul abroad for a very apparent reason.
I miss Thailand so much. Everything he said is true. It's amazing.
Thailand is amazing 🤩
and here I am in NY paying 2-3k a month for living in a box.
But living apart from family is hard imo
Who force you? it's your choice so don't complain
Living the dream!! And cute puppy. Thanks for the details, as I'm also looking to relocate from NYC to (possibly) Thailand. This gives me a good idea of what neighborhood may work well.
Glad you liked my story!
Honestly living in New York don't really make your life any better. USA is miserable
@@hojaeyun6747 - I don't think anyone said living in NYC made life better. We're all trying to leave.
@@Angela-ne9cy yeah I know I'm just saying
Hope you bargain... Pls don't makes things expensive for locals
Hey Paul. There’s a lot of jealous haters out there. Keep doing your thing and be happy man. I’ve been following your CZcams channel for awhile.
Korean-Canadian here... you're living the dream!! happy for you on the move
I know what this guy means. In the US, I always feel the need to grind and hustle even after becoming financially independent.
Bangkok anytime over any US city.
Great move!!!
South East Asia is the best place to be.
Appreciate your perspective. Health is wealth! Self-care is everything!
We visited there many many times. BKK beats NYC in every aspects of living standards.
I love his new mindset, its refreshing to see in today's society.
It doesn't matter how much money you make, life can only be good if you are A LOT wealthier than the locals
not at all, ive been living for months in morocco with locals and no money and had a great time
What a weird comment. It shouldn’t matter what anyone else has it should only matter what you want in terms of life. Not comparing yourself to others as if cause someone has more material it makes them better or happier than someone with less
Do you realize how many millionaires exist in Bangkok? The amount of Billionaires that exist in that city is more than the entirety of many countries around the world.
😮😮@@PCVP4729
Please don't come to Thailand I don't want this kind of low quality mindset here
You're killing it man! Cheers from Koh Samui.
Very wise move! Thanks for sharing your story.
Thanks for listening bro!
Great production value and nicely filmed.
Thank for loving Thailand. I watched several videos from your channel and loved them.
Awesome video I love Paul’s videos. So good to see him here.
Thank you!
Tell us about how US citizens don't have to pay taxes while living there.
These videos should talk about all the paperwork you need to fill out and the requirements you need to fulfill to move to another country
This was such a pleasure to watch and also your commentary. You truly know what's important....so happy for you!😊
Paul, you are my biggest inspiration right now. Might move to Bangkok next month :)
You got this bro!
@@iPaulLee Thanks man, probably going to join your program now.
Wonderful story. A heck of a financial journey. Not only is financial literacy not taught in school, neither is financial arbitrage. To have the ability to be in a country with a strong currency, then use that currency buying power in another country where it can do more, go further, and be able to live more comfortably is priceless. May everyone find their happy place.
Good choice Paul. Congratulations on finding and living in your paradise 🥳 I’ve seen some of your CZcams videos on your channel. We also chose to live in Thailand-Bangkok. I’m from Singapore and my wife is from Vietnam. We love it here too. It’s been 5 months so far 🙏🏼
Thank you! Glad you guys are enjoying Thailand
5:19 was the cutest!! Owner is handsome as well. I was hoping he would say giving back to others brings the greatest joy and fulfillment. I'll have to give Thailand a look with the nice, affordable living spaces.
Congrats Paul on being featured on CNBC! I just wish you introduced the name of your pup haha
True peace is priceless. I loved this video. I am originally from NYC; however, I currently reside in the D.C. metro. I plan to relocate to either Tanzania or South Africa in another 7-8 years.
Relocate to Kenya,the real deal.
Why? Those are not safe nor prosperous countries.
@@larryc1616 South Africa has a crime issue, Tanzania is very good but slow economy.
Why south Africa? White people are moving out.
Great journal of your journey Paul Lee- its interesting to see the difference between where you previously stayed to where you live now. And I think through your success you have documented this well. I use to live in Asia and I definitely saw the comparison including the cost of living and how far your money can go! Which is obvious it goes a lot further where you are now.
🙏🏼
This guy had the maturity of a 50-year-old. Good for you. Money doesn't buy happiness.
"I dont need much to live a happy simple lifestyle"
He says while making more than 60x the national median salary in Thailand
Because he's speaking from an American perspective--as an American. $150k in America is middle class but it doesn't go far. By living in Thailand, he can save for retirement and live his best life. He's smart and brave to do this at 28.
Gentrification at its finest.
Yes and when he comes he helps to increase income of those locals.
National median salary in Thaland is just under $3,000 a month.
@@danielhan2380 $150k net or what's after tax?
I've heard so many great things about Thailand. We would be moving for similar reasons. I can't wait to visit and really feel what it's like before deciding if I want to live there.
Yes, come survey first.
Such an incredible story!
Wow, glad to see Paul shown up in CNBC program!
Oh congrats on the feature! Love your CZcams channel
Holy moly Paul Lee is in CNBC!😮
Yea. He’s killing it!
Thanks for sharing!
Hey, we workout at the same gym :D Glad you like it here. I've grown up in Bangkok in the 90s, the city still has a lot of room to improve, but it has seen some progress years by years. And yes, the happiness is not only about material things, sometimes it's more about how much you can save as well.
Thanks for the video. Really enjoyed it. Good luck to you in your life in Thailand!
*The market is pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.*
Honestly i feel right now e commenrce among other sectors are expected to really see growth but who know i might be wrong, These days the market is filled with surprises.
I feel Investors should exercise caution with their exposure and.exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or a licensed expert in order to navigate this recession and achieve potential high yields
Interesting, This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro Investor?
Brian Humphery Services" is the licensed fiduciary I use. Just research the name. You'd find necessary website to work with a correspondence to set up an appointment..
Unbelievable, Really there is no better feeling than coming across a similar name who has helped change ones family life financially, Yes i know him and honestly i can testify him strategy is amazing and truly worth giving the shot.
Very smart getting out of the US. There's higher quality of life to be had in other developed countries for less cost.
I’ve been waiting for this vid following Paul’s channel
Paul thanks for sharing and showing your story on CZcams. So glad that you are happier in Bangkok and doing well. Enjoy it and have a good one.
Someone who has their priorities straight...... Quality of Life is more than just burning cash in NY. With income of $150k per annum the exchange rate arbitrage affords a high quality lifestyle in BKK but without the ruthless 'hustle-culture' of a major western city.
The luxury condo Paul showed is Park Origin Thonglor
Congrats to Paul for making the decision that is best for him. I was born in Thailand, but grew up in the States and currently live and work in California. Aside from the year-round heat and horrible traffic, Thailand is a great Asian city with lost of places to go and amazing food. You'll never be bored in Thailand. And of course, it's way more affordable than the states. Maybe when I get closer to retirement, I might follow Paul's path and maybe consider living there part-time. It's just going to continue to become more expensive to live in California.
nice job quantifying your thoughts and feelings into this video on why you relocated. I was wondering what your parents thought of your move as well, good job including a bit about their perspective too
Paul is cracking the code ❤❤❤
For reference, that was a premium grocery store so the the prices he showed are very high for Thai standards.
That is true
I bought grapes yesterday at Samrong market for 100THB per 500g, or you can pay 499THB per 500g at Villa Market.
Been here for 25 years and glad I made the change/move as well
a very different style of video that we see from you. i love it.
Love this for him🎉
Dude is living my dream. Been trying to do this for years and everyone tells me to be realistic. Well I settled for a job that soul sucking and i can barley afford rent. Ok guess I'm "realistic" now.
Don’t listen to anyone who isn’t living the life you want. Now that you learned your lesson start working on a game plan to live the life you want
Good for you. I can only afford Maize.
I lived in Kuala Lumpur for 3 years and Jakarta for 2 2010-2015 best thing I ever did. I did not miss the USA when I lived in Asia. I made so many friends that I still talk with today. Like you I hit Fitness First everyday it was great. I have a few more years and I am done retired. Can't wait to move back!
Great story. I had the same experience moving to Vietnam which really opened up my mind about the materialistic nature of living in the US.
The dollar is literally being destroyed / debased / devalued. I just want my money to keep outgrowing the inflation rate. How do i invest about 250k i have parked in the bank and what strategies do i employ to make significant gains and stable cashflow?
Chose quality stocks and follow them up. If you're not one for such complexities, hire a wealth manager to grow your money. I use the latter
That's smart. I'm quite lucky exposed to personal finance at an early age, worked full time when I was 19, purchased first home at 28. Going forward, got laid off at 36 amid covid-outbreak, and immediately consulted an advisor to stay afloat. As of today, I'm only 15% short of my $1m goal after subsequent investments.
excellent! how did it work out for you? been on red more than 20% this year , but hoping to bounce back
Her name is.Her name is 'LUCIA ALICIA CRUZ. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.. Just research the name.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
*Our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.*
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
My primary issue right now is how to increase revenue during these tough times. I can't afford to see my savings disappear into thin air.
to be a successful in life required not only hard work but awareness and sometime opportunity at the moment, investment remains the best way to start.
I agree with you. Investment is the key to sustaining your financial longevity. And not just any investment but an investment with guaranteed return.
I love Thailand and will spend at least 25 percent of my time there. I am also an American living in Korea for now.
Great Video ! A+ Congrats too ! You seemed to know quick where you wanted to be in 2021 !
I can't believe how inexpensive the rent is... That price is unheard of in the Bay Area... 😳😂
And that is in the city think about how cheap it is in comparison to Miami or California and getting beach front luxury. You can get is in some areas for $200 a month.
I get $1300 a month in a military pension and financially struggle monthly. I would comfortable on Bangkok prices.
Do you get VA disability with your pension or is thar amount for your VA?
Amazing content❤
Beautiful story and so happy you found your peace and living your best life.
A really small 1 bedroom in Toronto Canada runs over $2000 a month, and that is unfurnished.
OMG
Great Piece! Wonder How did you overcome the language barrier. Did u learn Thai, or do alot of people speak English?
I can speak thai conversationally now. I take thai classes twice a week and also have a Thai girlfriend which helps a lot. But in the more popular regions of Thailand, most locals can speak basic english and there's also huge international communities with english speaking expats as well.
Great video! Love the story and love that you are happy and fulfilled. I always tell people that the USA is for you to make your fortune but if you want to really enjoy life, you gotta live someplace else 🌻
Macon, GA in the house! Kudos to you and good share! #MacTown
The only problem for me would be the humidity. Other than that its great
Yep.
The weather is definitely something you have to get used to. I do miss having 4 seasons 😢
I will give you a trick. Stay in Thailand only during the rainy season and winter (we used to have before global warming). Then go back to The US during summer here.
How did Paul get involved in a formal or official capacity in Bangkok real estate? It'd help others to know. Formal SE Asia jobs are hard to get as a foreigner, unless they're very technical. I assume Paul's actual service is marketing/promoting real estate, and he gets a commission kickback and does relo "consulting" of some sort.
I've visited a couple of times and I can definitely see myself living a digital nomad life there for a few months at least. It's especially comfortable when you earn western money and the people are so kind. I feel safe there
Great insight views, sometimes is less more - more of these types of videos please!
Your condo is better, more spaceier than mine! I live in Cincinnati, Ohio , and my rent is a 1,000 a month! I might move to aisa, or Europe.
How is Cincinnati? I've heard good things. I live in Denver but am being priced out as I look to buy a house, Cincy is on the short list of places I might buy in..altho I've never been
Thailand is great and a hidden treasure.
Not really hidden, Bangkok is the most visited city on earth and Thailand is one of the most visited countries in the world.
@@kayflip2233 That's true. There are many in the USA, however, that have never experienced it.
I enjoyed this video. Smart guy. All the best to him.
Bangkok is incredible. I spent a month there last year. Out of this world.
What kind of visa do you need for this? How did that go for you? I kept hoping the video would get into that
Paul has an Education visa learning the Thai language. It’s normally 6 months but can be extended if you continue your education. There are other visas such as the Elite visa for people under 50. There is the retirement visa for 50+ years old. A digital nomad visa is coming soon.
Why is internet 20$ for 500mbps but in the US it is 85$ a month for the same (spectrum)
Go figure why😂😂😂😂what do you think?
And you know what internet speed in Thailand are top10 in the world, how crazy is that for that price
Xfinity 300mbps $25 1000mbps $50 month.....
Very nice video. This guy is living the dream. I am moving to Thailand, i work fully remote.
Great apartment and adorable Pug! ❤
I’ll tell popo you said that 😊
I lived in Bangkok for 3 years, it's an amazing place.
Now I'm in Belgrade, Serbia, and love it!
As an American woman, the best thing to do is live abroad ❤
I love Bangkok ❤
Good content 🙏🏽
It’s like CZcams etc reads my mind lol. I sure was about to start searching for Americans moving to Thailand videos. No joke lol