The $3000 Dollar Thailand Budget! | Are You Sure You Want To Move Here? Can You Afford Pattaya?
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- čas přidán 16. 10. 2022
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It's the only place I've ever lived in Thailand, but for my $3000 dollars, Pattaya is a great option. Hopefully, by the end of this video you'll know if you can afford it and want to move here or anywhere in Thailand.
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They're are several options for longer stays in Thailand. Search for my visa video.
That’s all you pay and that’s on the super high end and it’s just below 2700 dollars a month . So your living like 3 kings in Thailand for under 2700 dollars a month . So let’s say you add in clubs , girls , massages drinks at the club things of that nature , in your guesstimation , how much more you think that would be . Do you think even with all the woman the pussy the drinks everything I mentioned would you hit 3000 ?
Question would you ever get married or are you married ? Would it be wise to get married ?
@@smoothwill Why mess-up a good thing?
I always said, if I move to Thailand, it's not because I want to live cheap, it's because I want to live well. This is the perfect budgeting video for those who aren't trying to pinch every penny.
Exactly this. In many ways, the life I live here isn't even available back in the States, regardless of how much money I have. Even still, I live in luxury for 1/10th of what it would cost back home.
Well said.
Honestly I think some CZcamsrs are straight up lieing about how "cheap" cost of living is in Thailand.
Exactly this!
Totally agree with Gene…..best video hands down on a good budget!
For Thais, 3000US a month, rent+food+leisure included, is A MILLIONAIRE LIFESTYLE.
An important thing to consider for those thinking of coming to Thailand from the US is that the exchange is at about a 20year high.
It's currently at about 1usd:38thb.
A year ago it was at about 1usd:32thb. And that's about where the rate had been for most of the last 10yrs.
If the rate slips back down to around 32, that 100,000thb per month would cost about $3, 100usd/mo rather than $2,600usd it's costing now.
If you want to be safe, calculate how much you need (in USD) based on the lower avg exchange rate. 😉👍🏼
yoooooo, THIS comment needs to be pinned. For several months brothers have been hitting me up about how "cheap" they can live here. I'm like yo, calculate it at 33-1. Because that's the normal range. This inflation is likely to not last. Especially given the recession that's about to hit HARD in the states.
very good point. the current exchange rates are not the norm and it is likely to eventually go back down to the 30 -32 baht range for $1 and so if someone is thinking LONG TERM those are numbers they should be thinking about. if someone is just thinking in the next 3-6 months maybe they dont need to worry about it as much :)
I'm safe down to 30 (it was at that level for nearly 10 years) to the dollar since thats what it was when I moved here and that was still amazing for me.🤷🏾♂️
@@ChocolateManInThailand yea in my brain I always calculate it at the 30 to 1 rate
Just like out here in Japan right now the rate is insane nearly 150 yen to $1 but traditionally the rate is 100 -102 yen to the dollar so I always think about ¥100 yen is $1. Of course I've lived in Japan for 8 years and my salary is in yen so I don't get to enjoy the nice dollar to yen exchange rate but yo for Americans...now is the time to visit Japan your money literally goes 40-50% further. What was once oh aight thats $100 USD now it's oh damn that's $66 USD...
I think two reasons why the entertainment budget drops over time: 1) you figure out what you like, so you don't waste money trying things, and 2) the bars/clubs/etc. you like realize that you'll be a long term customer, so they'll stop trying to gouge you as much as possible on each outing.
yuppppppp. And the "shine" of it wears off. the same reason we rarely keep going to the clubs we did in our 20s. been there, done that. when you first move here it's exciting and new. then you start to see the "real" shit.
Having lived here in Pattaya for 11 years, I have found that my entertainment budget is much cheaper because I know where to go for entertainment. In other words, I don't go to the tourists entertainment areas. I have found great places the locals go or I go to the places that long stay foreigners go.
@@exitrow767 What are some of the tourist places to stay away from?
@@standupphilosopher7059 Pretty much 80% of Pattaya. The list would be too long to post here. Pattaya is almost entirely catered to tourists. Start with Walking Street being the top of that list
@@Minoritynomad Good Places for Long Termers....?....Interested to know is there eye candy there too....?
Finally! Someone with a realistic budget! So many other videos I've seen on this topic over the years have been scraping the ultra low end of the available options... Like 5k a month old crapbox apartments and eating nothing but 30bt bowl of noodles! Who wants to retire and live like that?! This video is realistic and spot on for budgeting a good life. Excellent, saving this to my favorites. 👍
Glad it was helpful!
So true
Damn, u can buy noodles for that..
I live here in Pattaya too. Rolling along just like you bro. You are spot on, on all of the budget items and costs. I have been living the life here in Pattaya for 11 years. I want to say to all of your viewers, that all of your information is 100% correct!
If viewers listen to you they will have accurate and Powerful information to assist in their future plans if they wish to live in Thailand.
Nice Job, bro.
I hope I get the chance to run into you one day.
Maybe, in Big C Extra. Lol
Thanks for sharing
Outstanding. Boom, boom, boom... you covered lots of excellent info here. Within like 60 seconds I was thinking "he must be a former military guy," then learned I was right! With other videos, I often grumble "get to the bloody point!" You're on point from beginning to end. Please keep doing these videos, we need a lot more like yours.
You covered a whole lot brother, and all information was 100% accurate from transportation, home/apartment rental, also car/Motorbike rental, healthcare, food costs based on if you eat out a lot, or eat at home, and whether you spend a lot or very little out on WALKING STREET, etc.. As for me I spend only 12,500 baht for rent which include all utilities which amounts to less than $400 usd per month, and I eat beans/brown rice, and mostly skinless chicken breasts cut up into small finger size pieces, which amounts to approximately 3,500 baht=$100 usd per month.. I will NEVER RENT A MOTORBIKE, or a car in Thailand because other than avoiding injuries or death, I also like AVOIDING any accidents that could cost me THOUSANDS OF DOLLARS because I'm a foreigner, and the Thai person will also be in the RIGHT ha ha.. At present I have a net income of approximately only $3,100 usd which at 38 baht for a dollar= 118 K baht, so I live off a budget of 42K baht per month which include rent=12,500, girlfriend=15,000, and I have 15K baht which I spend the 3,500 baht for my food, and I have 11,500 for my messing around money, then I SAVE 78,000 baht per month. I rarely drink any alcohol, but did stop by the "PLAYERS CLUB" on Soi Honey Inn since I saw it advertised on the "Zoom To Thailand" video just to see what it was like and to check out the "Toni Braxton" Look Alike who was advertised and chuckled down a Small "M" Beer for 75 baht, then drank water the rest of the night walking around for my daily exercise.. Like you stated brother, THAILAND IS WHAT YOU MAKE IT, and we can spend our money in many different ways. I save money because I will eventually return back to southern California, and with inflation rising as fast as it is, I HOPE TO BE IN A POSITION TO PAY CASH FOR A CONDO SO THAT I CAN AVOID RISING RENTAL COSTS . Always thinking ahead in case I'm on this earth for an even longer time.. Oh yeah, I NEVER smoked tobaccos of any kind, and that saves me a lot of money , especially since cigarettes are very expensive so I've been told. I have been saving around here since I retired as a probation officer at age 50 yrs old back in 2004, 18 yrs ago of monthly savings, and so far I have never been ill inside a hospital ever in my entire life, and I hope God keep on blessing me with excellent physical and psychological health 😇🙏ha ha ha..
Great post!
I laughed when I saw girlfriend =15,000. Was that just negotiated at the beginning of your relationship?
@@danhirsch6554 hahhah good one. Ya im not sure what he means… is he renting a girlfriend 🤣
@@hiddensoroush In Pattaya you don't lose your GF you just lose your turn.
@@danhirsch6554 its pretty standard..if you dont pay they go to someone that will ...Women take care of the family ect ect .. Thai style . Still much cheaper than a western woman in the long run .
Great vid, definitely very accurate. Oh and congrats on 25k!!!!
Hey bro thanks for that. Hope you'll be back soon!
This is one of your better budget videos. dynamic and straight to the point! Excellent! Thanks for your time on this...
You're the first vlogger who has mentioned how Tricare or FMP works and that it works in Thailand!!!!
Thank you for providing the information. I just left from my vacation, specifically to prove these numbers and I found it all to be fairly accurate. Thanks for opening up your budget to us. Great information. See yall in 2 months, retiring. Really appreciate the VA benefits in Thailand information. Never seen that information.
Great video Chocolate man. Thank you for your service in the military. I spent 10 years active duty in the Air Force and 3 yrs in the Reserves. I came to Thailand for 30 days in May of 1998 as a Software Engineer for a military contractor. We stayed in a 5-star hotel in Jomtien but we spent a lot of time in Pattaya. We were supporting the Navy's Cobra Gold joint military exercise. I fell in love with the country and its people and didn't want to leave. I am retiring soon and have eyes on the Philippines, Thailand and Panama as retirement spots. Once again, thanks for the content. Hopefully, I'll get a chance to meet you and that short brother that's always jumping across the sky in his videos. 🇺🇸✨🇹🇭
Great comment! Thanks for sharing!
From my experience in Bangkok about 9/10 brick and mortar merchants accept Apple Pay (referred to as “tap to pay”). I’ve found it much easier and safer than using the physical card. Also the notification will auto convert the amount into USD so it gives me a better idea of what Im spending
Wow! That was the most believable and comprehensive “expat” video I’ve seen over the years. You got straight to the point expressed and emphasized the variables, went fast and clear. What a great personality you have too. Awesome! Thanks!!!
Great video!! Your budget is in the high end which is very informative!! Gives a great perspective on actual living costs. Very informative, quick, and to the point!! Love the presentation. Keep up the great work!!
I just can’t get enough of your videos!!! You have excellent content and I appreciate all the information that you shared. Me and my husband have been watching you guys since we were in Jacksonville North Carolina which inspired us to come and now that we are here in Bangkok, I think we are going to have to make that move to Pattaya, based on all the information you gave we would fair better there especially with the break down you just gave…… we are so in there!!!! See you soon 🔜. When is the next meet up date and time ? Keep them videos coming!!!! I’m here for them all! 🤩😃
See ya soon. Usually meet ups on the first of the month if we're in town.
wow man one of your best videos - me trying to come for 5 weeks has me smiling - once again thank you
AWESOME video , Fear gone finally !! . $3000 / australian mth is what i make online ontop of a 9-5 job.
Why work as a slave when i could ditch the 9-5 - no debts .. , build up the online business since i have the TIME ( the most valuable asset you own ) & live quite comfortably in thailand ? The only thing that was stopping me was not knowing anyone (fear ) the thing that stops most people from experiencing true freedom...videos like yours make me realise there are friendly people everywhere especially if you yourself are friendly...you get what you give ...time to fly ..thankyou so much .
Great breakdown! Sheds so much light on things. Good stuff my brother.
Glad it was helpful!
Excellent budget review. You are very clear and jovial in your presentation of Thailand budgeting 👍🏿💰
I own my condo so that is an expense saved. I budget for everything else £1,300 a month and live very comfortably without really pinching. I like a regular massage, couple of beers most days, eating out, motobike (no car)... I live well and comfortably on that sum.
How easy is it to buy a condo in pattaya/jomtien m8 what are you talking price wise is it easy to get tradesguys etc
@@carlopepi never buy your own condo in Thailand the ROI and resale value is not good, it is very good to buy anything in Dubai then rent it out and enjoy the rental money in Thailand
Finally! Bruh... I love you videos. I never miss one. But dog..... I've been craving for you to put la budget video. Thank you so much, much appreciated!
Thanks for the vlog. Good answers to the most asked questions.
What you forgot to mention regarding Tricare overseas is that you're required to pay your medical bills/fees up front and submit a claim for reimbursement.
Thats for a different video.
@@ChocolateManInThailand looking forward to that video. Thanks.
Oh wow that’s crazy..
Bangkok Hospital may bill direct?
@@kennethboehnen271 ya, why bother for delaying a bill.
Great video James! That was a very honest upfront reasonable budget that everyone can relate to!
Fantastic vlog, very true and straight up, your videos are getting better and better, it's really informative to listen to you, it wasn't full of I'm doing bigger and better for cheaper, it was a true account, people can't go wrong with the advice and information that you give out, well done
Interesting.From my side I chose to stay in the quiet end of Jomtien. High floor apartment with nice ocean view 9,000 and paying about 300 a month for AIS internet which came with a free 5GB a month SIM card for the phone and I'm on video calls most of the day and it's plenty of bandwidth works smoothly.
Awesome information Playa. Thanks so much 💯
Brother Chocolate Man in Thailand the algorithm is favoring the content uploads with the collabs, and new engagement & times you upload. Shout-out to you sir. Do it up brother 2023. Love the information.
This was the best breakdown I’ve seen. Thank you 🙏🏿
I own my own condo in Phuket which makes a huge difference to the 'entertainment'/Bangla Rd budget 😁
Seriously though, totally agree with you on the internet and phone, get the fastest available, and you have all the other figures pretty much spot on, electricity, water rates, etc.
Whilst Western countries (I'm from UK) are struggling with high inflation, currency decreasing, high energy prices, etc. Living in Thailand is a no brainer for me, great place, great people and all at a reasonable cost.
Good work James 🍺
As a fellow UK resident I'm seriously looking into moving to Thailand. I spent 3 months in Bangkok last winter (with a 2 week visit to Hua Hin as part of those 3 months) and was instantly hooked. Now I have to figure out where I'll get the most bang for my buck.
@@shaunpierce4174 I would pick living by the beach over the city every time. City living is way more stressful than by the ocean. Being able to be by the water will increase your life expectancy. Calm. Fresh air. And, if you need a bit of excitement you can spend the 2 weeks in Bangkok. Also, Hua Hin will be cheaper than Bangkok in all categories.
@@jaimeb2339 ya but Hua Hin is boring, most nights are dead, and the beach is obstructed by condos. I much prefer the beach walk ways of Jomtian and Pattaya, they are also closer to BKK.
I can't say much about Phuket or Krabi.
@@emerson-sheaapril8555 Totally agree Pattaya/Jomtien is a much better place to live than Hua Hin. I was only commenting on the choices the original poster (Shaun Pierce) had mentioned. I'd suggest live in each of these places for 6 months and then decide on a permanent location. Living in an area for extended period would give you a better sense of what it's really like to live there.
I heard you can't truly own if your not native.
GREAT INFORMATION!!!!!! You are realistic with your prices! I appreciate that!!!!
I appreciate that!
Thank you so much for this video. Very informative and backs up everything I've researched and recognized for myself. I have a few years before I live there full time, but it just makes me excited for my next visit this August. Love all your vids!
Glad it was helpful!
Great video, totally honest and realistic. I have been here 23 years and understand everything you said. No BS ...great video
This is a great informative video. We need more of this from you. Also a few real estate vids would be awesome too. Fah's great but this is more my style. Cheers
Thanks!
C Man , thank you greatly for these videos. Since the plandemic, I've been watching a ton of you CZcamsrs in Thailand. A long Thailand trip has always been on my bucket list. I'm almost ready to pull the trigger.
Don't hesitate! Escape the maddness today!
THanks for the Super Thanks!
This is what I'm talking about James!! Love these type of videos so informative especially coming from someone I trust. You the man Chocolate man. 😃👍
C Man, excellent content, straight to the point. Trying to make a trip happen a year from now. Cheers
Your budget is more than I make a week working full time in Australia 🤣, and I'm paying of a mortgage, new car and currently building our house in thailand 🇹🇭.
But as you said depending on what you eat and how you live makes all the difference.
Enjoy life its way to short.
@brianjmt5213 you're so wrong, I suggest you get some legal advice from a Thai legal representative, you obviously have no idea.
Have a good day
Just found your channel. Greta video and fun delivery! I spend about 3K a month here in Toronto without leaving the house, eating out or anything while freezing half the year. Needless to say I’m out of here in the next week or so! 😎🤟
Excellent information Jim. Thanks!👍👍
Thanks so much for covering Tricare in your video. Much help. Thank you
Interesting to know. I work in the field of medicare and just discovered what tricare is, so that is awesome to see that it works overseas in Thailand as well!
Bro this is a great video! Thanks for sharing your financial details. Tbh, $575/mth eating out daily for 2 is about what I spend on groceries for my 2 kids and myself. You are winning 👍🏾
No doubt!
That was very informative,and well presented.
Thanks for the update and prices of living in Pattaya, very helpful.
Great informative video!! I currently live in Pattaya and my budget is quite similar. The entertainment portion was literally burning a hole in my pockets for the first few months, but I've managed to scale back tremendously...
Glad you enjoyed it!
Awesome vid! You just Talked me into moving to Thailand when I retire!
It's definitely worth a try!
Great realistic budget video, I think we are very similar on just about everything but then again that's why I follow ... Well done James, see you on the next one✌️
Great video James Very informative and realistic Thank you!
Glad you enjoyed it
I have lived in Thailand for about 10 years and find this budget very realistic. It would give you a good standard of living, which is what you want when you retire.
Great video James - been following the moment you entered Thailand. Loved watching it during the pandemic mainly. At that time, we were already in advanced stages of moving to Thailand and took the leap in July 2022.
Living in Phuket (monthly expenses in baht): 35k for a 3-bedroom house with a pool. Less than 2k on utility per month, water incl. in rent, also garden and pool maintenance twice per week. We eat out 3 x per week: coming in at about 16k, groceries about the same 16k. Me and my wife insurance 7k, car rent and gasoline was about 17k, but we just bought the latest Ford Everest (safe travels), so transport cost is down to 5k, travelling 9k (been to Koh Samui 4 days), 2k miscellaneous (plants, haircuts, tools), 4k massage, visa extension costs 1.3k, Education visa 6k (year visa, we under 50), technology 2k (mobile phone 2k/ phone/ yr, netflix, 3BB Internet + TV package, HBO Go, Apple TV+).
Great info. Thanks for sharing!
Great video. Very informative. Love how you roll.
I appreciate that!
This was an excellent video James! Thanks for putting yourself out there. That's a realistic budget that I can relate to. THANK YOU! ⭐️⭐️⭐️⭐️⭐️
Glad you enjoyed it!
Moving out there in less than 6 months early next year. I am budgeting about this amount as a single guy. Military as well so the VA/insurance stuff is helpful as well. Great video as always.
I'm single, work from a laptop- looking to move there by March. Will come look @ apartments in Hua Hin, Jomtien & Phuket in Feb. I'm glad US vets have medical benefits there
Will be out there June/July 2023, also retired military.
Nice to see a realistic Thailand budget video for a change.
Man, I like the honesty of your video. I don't want to be in Thailand living as a pauper. Worked too hard for that. Your budget is the most realistic breakdown of living costs I've seen for living a good life and yet, not going bankrupt. Be safe.
I appreciate that
Excellent video James - great detail & realistic & more importantly you are living & loving life - Thanks 👌👍🙏
This brings joy to my life man 💯 very informative and I’m definitely taking notes 📝 I could definitely survive on half your budget ✈️ coming soon
Great video! I’m Fern’s internet friend 😂 I’m Thai but also an American citizen.. I’ve been thinking longggg and hard about spending 3/4 months in Thailand through out the year so this video was SO helpful! Your spending and quality of living is similar to mine so this was very relatable. 😊😊
You can do it!
Excellent video James, the best, and I've watched many.
I love watching you budget videos lots of great information
Thanks so much!
Dude, first time I have come accross your channel and this has been the best living costs video I have seen!!! Great work!!! I'm eyeing up the next 5 years sorting everything out here then moving there. I want to go elite visa route though so if you have any good info on that , that would be great 👍
Welcome aboard! The elite visa is a great option, that I've enjoyed for the last 3 years. The official website is excellent and includes anything you could want to know about it. www.thailandelite.com/
USD rising above the THB has pretty much cancel out rising costs in Thailand for me.
Great vlog helpful guide for people and I love your energy and attitude towards people and life 🙏❤️
Thank you for the Great info and how you broke it down. plan on visiting in the next couple of month and hope to meet you and your crew
Hi James good and vital information about Thailand thanks for sharing these things with us hope you are well stay safe from frank in the uk London
Thanks for watching Frank!
Great video. As a guy who's been to Thailand 10 times the last 4 years even during covid I can attest that if you don't party hard every single night and your a single guy you can definitely keep the cost down to $1500 a month but maybe even less.
The only thing is if your under retirement age budget for plane tickets for visa runs and maybe going back home 2 time a year.
My last trip, 2 months back I came on 30 visa on arrival, left early and went to Singapore for a week. Came back on visa on arrival, left early and went to Malaysia for a week and came back on visa on arrival.
Each time getting the 30 day stamp with potential to extend. But my passport looks crazy and I never overstay so imagination just stamps me through
How long can you stay before u have to do a visa run? That's the only thing I worry about. I have heard horror stories about them not letting guys back in the country that live there.
@@KO-OG-Passport-Bro-1997 they extended visa exempt to 45 days I think until March. So you can go 45 days and extend it in jomtien for another 45 days. Total of 90 days. But if I were you I would get a tourist visa which is 60 days extend that for 30 days. A total of 90 days. Then fly to Malaysia or cambodia for 1or 2 days. Then come back and get the 45 visa exempt. Then extend that for 45 days. Total 90 days. And your thailand stay would come out to be a total of 180 days.
If your lucky like I was you can just fly out again and repeat
Excellent info James. You're very, very good at what you do. Look forward to catching up soon.
Much appreciated!
Love the content. Thank you so much for educating us all. Much love and success!
Our pleasure!
Currently exploring to see if Pattaya will be my retirement destination. This info definitely helps. Thanks.
Same. Leaning Jomtien though
@@bijanbayne3259 Currently staying at a condo in Jomtien. It's a bit too far to get into town. I think I will try Central Pattaya for a while and see how that feels.
@@williamknight5428 LMK
Do it.... But some bad information in this video.
It's going to get crowded because it's very reasonable. It can get very pricey too. I love Thailand😆!!!
Thank you James ! Very well put together and informative video..
Stay Safe, and Stay Blessed !
Cheers,
Loved your budget!!! Sounds perfect
excellent video!! I agree 100%, you CAN live on less than you mention in Thailand, but do you really want to? NOT ME, my wife and I live in Chiang Mai on $2,000 CA (Including health insurance for 2 people), about $1500 USD, EASILY!!!!, taking trips all over SE Asia, adding in vehicle rental, hotels in other places, etc etc, we can spent up to $3,000 CA, or about $2200 USD, that is on the HIGH SIDE!!!!!! Thailand wins in SE Asia, no comparison to the Philippines (where my wife is from), Thailand wins hands down as the best place to live in SE Asia
Awesome. Great to see this.
An honest budget video, realistic, no dreams, thanks. Happy travels and stay safe. God bless You guys👍🏿.
Great break down James.
Damn, Great Video. Keep up the hard work. You're probably tired of the budget questions. Hey but these videos help alot! I started with Greeny, that lead to watching more videos and channels.
Never tired of helping people live a better life. Thanks for stoppin by!
Electric and Water bills direct from the authorities can be paid at any 7/11 as long as they're within the due date. Overdue bills need to be paid at the PEA office or the Water Company office. Great video, I lived here for 30+ years, in Pattaya for 12 years.. my electricity bill is always 13-15 KB but it's a house with a pool and I got 7 Rough Collies and the Aircon is on all the time in at least one room for them 😁.
Your figures are great for someone considering to move here and you're right, could be much less depending on what you actually end up doing.
30 years … how is that possible. Did you retire in your twenties? Would love to talk to you about the changes you’ve seen, experiences you’ve had. Maybe you should do a video with James … Please?
@@snoopingpuppy8392 Hi there, I went to Thailand when I was 28 to work in a Television factory back in 1990 with a one year contract.
After 17 years I was made redundant and couple years later everything moved to China.
Yes I would love to meet and maybe do a video with James but I haven't met up with him yet 😁
@@maxcom01 I am sure you have a story. Curious, what is a television factory and how did you hear about that kind of job? Are you from the USA?
@@elmoelbow I am from the UK and was working for a company taken over in 1987 by TCE (Thomson Consumer Electronics) who had also recently taken over RCA of America with the rights to market products under the GE brand as well.
I was/am an engineer specialised in injection moulding and I came to Thailand to expand the facility with new equipment and machines to produce at least 1.5 million TV sets per year
@@snoopingpuppy8392 ż
James, that was really good! I know now, I should be able to live in Thailand on my retirement income. I would have cash from the sale of my home, car and other property to just sit in the bank. You gave us the keys to a successful move to paradise. I appreciate you!! 🙏
You're all set!
They are cheaper places to live in Thailand. You may opt to live within Chonburi but outside of Pattaya. (Pattaya is a part of Chonburi.) and you will find the cost of residence and food cheaper. Pathumthani also is an interesting choice. It lies next to Bangkok but the cost of living is significantly cheaper and no traffic jam. Also, it has been 2 metro lines connecting Bangkok and Pathumthani.
put that $ in a high-yield savings acct or open a brokerage acct in singapore.....welcome!
@@michaelkaufman9625 A high yield savings account for me would be 20% or more. They don't exist, and brokerage, I had strange Chinese women contact me and offer those kinds of things. I'm sorry, no trust there.
@Zzz Yes, I have a friend and his wife sells apartments. I could get one there.
Excellent info James, well formatted, anyone should be able to apply that info to their potential situation. The only thing i would add is a little general info on how visas can be an ongoing expense that people need to conciser.
Great video James, just what I needed.
Just wanted to add some information about the Charles Schwab ATM and checking account. It's called an investors checking account and yes all of the transactions are refunded at the end of each month you do however need to have and investment account open to get it for free. I just put an old 401k worth 5 grand in it and I didn't even invest the money but I still reaped the benefits! I hope this helps somebody
Yep. When I opened my investor account I immediately transferred all the funds to my checking and haven't used it since. 🤓
Thanks very informative. I like that you just don't worry about being the cheapest, more about comfort and lifestyle.
You bet!
You are getting really good at these videos. I appreciate you.
Glad you like them!
Thanks for the information I’m so interested in learning more my man .
More to come!
If I can add another banking point that applies to people paid by the US Government, Bangkok Bank works great for direct deposit of pension payments through the branch office in New York using the account number of your in Thailand personal account. My pension is OPM instead of DOD, but it direct deposits just fine and automagically shows up in my Thailand account around the first of each month.
Great info!
Hey great video! I have been to Thailand 4 times while in the military and definitely want to go back. I am only 46, so not quite retirement age, but I do have 100% VA disability. Its paying me $4100 a month. Nice to know I can live like a king when I retire lol
Wow. 4100$. Damnnnn holy shit.
Retire now?
@Patrick Glennon I wish I could. I have 13 year old daughter still in school. So I'll wait till after she's out of the house.
Just discovered this channel and love the energy, i subscrib now !!!
Thanks for a great video James (about the best Ive seen on this popular subject), having lived in Phuket for three years i think you’re pretty spot on. Lots of my friends and me as well, live on around 1500 US per month without any issues, we all tend to go out a lot and enjoy a beer and socialising but we don’t hang out in any expensive places.. Medical insurance, you can pay for the local one, is a must however so do get that sorted if you come out to live here. Also factor in the cost of getting your visa ‘sorted’.
I think you hit most considerations. If someone answers your question, I too want to hear where you can live that level of lifestyle on under $3k. I am counting the days…about 600 work days. Sounds way less than 3years! 😅😅😅 But when you take out holidays, PTO a time it probably more like 450 work days. Living and enjoying life now, saving and downsizing. I’ll get there! Keep posting up the inspiration.
Hang in there. You know its worth it!
I spent in Pattaya 3 months, not a heavy drinker and not into the bar scene that much but did eat out everyday, rented a scooter and had a decent condo with a pool, spent about $1,800 a month and didn't feel like I was holding up to save some cash, I really didn't. Money just goes much far in thailand.
Agreed!
Is that $1,800 USD or $1800 baht?
Thanks James. As I'll be making the move in January, this is very helpful.
Very informative brotha! Thanks sir ✊🏾
No problem 👍
James...I've been to Thailand around 9 times in the last 13 years. Thanks for your info. I'm an Army retiree with both VA and Army disability retirement. I'm supposed to Federal retire from my govt job in Feb of this year. I hope to try living in Pattaya for my first year and see where it goes from there. I'll be back for Water Festival in April with a friend. If you have a meet-up, l would love to buy you a beer and say hello. Take care bud.
Try hua hin instead. More grounded for a future.
Hey James, I hope you don't mind the question, but I'm curious if there are ways that having a Thai girlfriend has saved you money. Having a partner obviously increases expenses, but I imagine that a local would be able to point you in the right direction sometimes when you might not have known what was going on.
Thanks for sharing. Very informative 👍
Thanks Buddy! Good talk 👍🙂