Why This Dutch Multi-Millionaire Retired In Thailand
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- čas přidán 27. 06. 2024
- Meet Marc. A Dutch serial Entrepreneur and investor that has lived in all corners of the world before eventually establishing a base in Koh Samui, Thailand. Marc shares his thoughts on what quiet life looks like in the Islands, why he feels that this is one of the best places to settle down, his take on Thailand’s new tax laws, and everything he had to do in order to call this country home.
The Thai Language Challenge: www.thailanguagechallenge.com
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
00:36 Where Were You When You Chose Thailand?
01:33 Why Koh Samui Vs. Phuket?
02:20 What Visa Are You On?
03:22 90 Day Reporting
03:46 Marc's Villa
05:38 Family Life On Samui
08:31 How Do You Get Around The Island?
09:18 The Level of Service In Thailand
11:08 How's Your Thai?
12:20 Insurance Situation
13:34 Banking In Thailand
14:34 Health & Wellness on the Island
16:30 How Much Do You Spend Living Here?
18:19 Thailand's Tax Situation
19:10 Domestic Travel in Thailand
19:44 Any Friends on the Island?
20:57 The Social Benefits of Living on Samui
21:45 Is There Anything You Dislike About Thailand?
23:55 Any Words of Wisdom?
24:52 What's the Purpose of This Channel?
He is so lucky to retired early and moved to beautiful country with lot of smiles. Thailand is the best place to live. I am so proud to be born here and happy that a lot of Westerns love Thailand.
I live in Thailand for $1,000 per month. I have a driver every time I get on a tuk tuk. I have a cook at every Restaurant I go to. I visit my gardeners at the public market. They grow my food. I have a house keeper who cleans my room once a week. I also have my own boat. I actually got it from my son. I play with it every time I go to the pool. 😂😂😂
I love it! That’s the beauty of this place… all sorts of different quality lifestyles available 👍🏼
@@adamparker21 BUT…I would much rather live in his house…
Haha - likewise!
Great first video!
Great vid Adam 👏🏻👏🏻👏🏻🎬
It's nice to see Marc and hear what the high-life in Samui can look like. Great interview!
It's always nice to see you, Johnny, hope you are staying safe in Ukraine 🇺🇦
Congrats on the new channel Adam. Looking forward to hearing more personal stories!
Well, I'm honored to have watched your first video. I must say it was a good one. Your guest was very interesting and had a great attitude. I look forward to other videos to come. Greetings from Hua Hin by the way!
Thanks Tom - appreciate it!
I know Hua Hin, but I do not know "Hua Hin by the way". It must be a new place :)
Damn. I didn't know Adam opened up his own channel. Keep it up with the good videos man.
Cheers man
He is leaving the nest :)
Love the first video, really interesting and well presented. Marc seems like a great guy too!
Great interview! Thank you Mark & Adam!
Looking forward to seeing more videos.
Great episode @Adam and Marc is an amazing and friendly person. Had the pleasure of meeting him on my last trip.
Yes - Marc is an AWESOME guy
Love it Adam, can't wait for more
This came up as a recommended video and I have to say it was fantastic. You have a great interview style, enthusiastic but let the interviewee speak and when you said it was the first video on the channel... I couldn't believe it! Great stuff, liked and subscribed and interested to see what you do next 😎
Keep these insights coming! This video is a banger
As one of the top commenters said, I didn't know you had your own channel, Adam. Congrats! I'm Subscribed!
Glad to see you're starting your own channel, Adam. Subscribed!
Thank you!
Adam, you are very talented. You have a such an engaging and professional interviewing manner. I wish you every success!
What a pleasant surprise to have Adam's first youtube video come across my screen. Subscribed right away. Best Wishes!
Hey Adam, the idea behind this channel is great!
I enjoyed this first video and I really hope I'll be able to enjoy many more... provided Chris doesn't take up all your time!
Adam, I really enjoy your video…keep them coming 😊
Love the idea of this channel. Looking forward for more episodes Adam! Let's go MTB! 😊
Keep it up Adam. More videos like this! ❤
Great first episode Adam. Very informative.
Cheers man
Thank you Adam. Another terrific, informative and helpful video. It’s great to see interviews of 50 plus with high standard of living. Most Thai videos focus on how cheap it is to live here; street food, small apartments, scooters.
You have a new subscriber. 👍 Thanks for the cold Leo's in Chaing Mai. 🍻
Mr. Adam.Thank you to share
good story from Thailand . appreciated.
Nice one Adam! We love this❤
Great interview-video.
Nicely pitched questions. That create a sophisticated overview of living, full time, in the Land of Smiles.
Adam, nice to see your new channel. All the best and hope to see you and Chris again soon. All the best brother.
Thanks man!
Great video. Subscribed.
Very Nice interview!😮
Keep Grinding
Well done Mark . Great interview.
Mark had some great thoughts. Super happy he was cool to jump on the Channel and share them.
Very good interview 🙌
Congratulations Adam. I'm a subscriber to RW4U. Great video. Looking forward to more. Thank you
Nice interview!
nice interview.
Very informative channel. It's a small world, after all and our seniors are much more inclined to explore it, IMO. good job !!
Hi Adam, what a nice surprise. Big Fan of Chris and great to see you here now :-) That was a lovely video, really happy to see what else is coming and subscribed of course! Hope to see you in Bangkok, Beer on me :-) Best Marc
Great video Adam and also a clear and concise explanation as to the purpose of your channel. I'm spending more and more time in Thailand and happen to agree with Marc on many of his views. I like Koh Samui and have compared it for example to a life on Hawaii where I had purchased a second home quite a few years ago. There are many similarities in that they go head to head on beauty, nature, and a nice clean living environment I feel that Samui offers many advantages both culturally and economically over Hawaii. Happy to discuss this in more detail any time .
leuk interview Marc. bedankt voor alles wat je ons leert ook op het gebied van btc. het ga jou en jouw familie goed
Way to go Adam I have just subscribed 😊
Cool channel! I’ll be there soon 😍
Great channel Adam🎉❤
Top notch video.
So amazing to hear your IDENTICAL voice to Chris!! You guys have cool voices.
I love hearing, or seeing in this case, stories of folk that have 'made it through effort. Good luck to him and kudos that he sees the need to spend time unwinding and slowing down.
* I think he is incorrect though on that there is no capitol gains tax in Thailand, I'm fairly certain that it is payable as an add-on to your income tax for that year and at the standard Thai income tax rates....ie....if you earn 500K and CGT 500K then you would pay tax on 1M, or if your 500K was earned OS and tax already paid(above Thai tax rate, which is majority of western countries), then you would pay tax on just the 500K CGT, (I could be wrong though, wouldn't be the first time!).
Marc has a great attitude, and hearing his thoughts on living in Thailand was interesting.
Adam, you are off to a great start. Keep it rolling! 😊
Just stumbled across this looking forward to the next one keep them coming. Subbed.
That's the plan!
That's some life Marc's living !
What a life ! ❤
New subscriber and lovely content , very well produced. Love it
Interesting video. Greetings from Koh Samui. Just subscribed ✅
This interview resonated with us as we consider relocating to Thailand from Silicon Valley in our early 50s as early retired couple, mirroring the interviewee's situation. We're interested in learning more about navigating this transition and would appreciate updates from successful individuals with similar experiences in Thailand. In the future, we'll reach out to the "retired working for you" team for guidance. Thanks.
As an entrepreneur living in Vietnam, I know the experience this guy is expressing. I've done it all here and life is great in Vietnam. The locals are definitel helpful service is quick with barely no waiting.
Nice job Adam! Subscribed
Been watching you and Chris for a few years.
I'm considering moving and/or retiring there in Thailand but on much less budget than Marc. So looking forward to seeing more perspectives, locations and tips.
I'll be in Bangkok the first week of March and will be there all month.
Nice! The beauty of this Country is that you have so much choice as to what type of life you want to live based on your budget.
Nice to see Adam In front of the camera! Good luck with the channel! 🎉❤
If you want to interview a much less affluent expat, I know one. :-)😎
I’d love to man! Let’s chat
Adam, for a starter series, this could not be better.
Good Luck, and following you will be a treat, thank you.
PS.....please tell me you are a Leafs fan....like that 2nd best Canadian vlogger????
Great interview and guest. Since he has lived all over world with experience
Great interview. It would be intriguing to see a part of new interviewing videos at one or more of their favorite sites (e.g., bar, restaurant, wherever), and showing why they actually like it.
Great interview. Comes across as a very nice guy. Very lucky. 👍🏻
Hi Adam - brilliant you are a CZcams star ⭐️
Marc’s great… Met him a couple of times whilst on Samui. Cheers Adam ;)
Me too! ;)
Great Interview. Thank you. What's the name of the compound?
I wish i can travel in Thailand oneday..Is in my bucketlist
Subscribed 👍
The legend got his channel !!!
Let’s go!
@@adamparker21 can't wait for the Collab one day
Great interview Adam. Your guest was intresting and gave perspective on Thailand living and the island life.Enjoyed it.
Adam, great questions!! Would be interesting how much a house like that in Laimai would cost - ballpark figure.
All the best!!
It can be intimidating being around wealthy people but Adam seemed full of wealth in his relaxed interview style. Great questions - things I want to know. Thank you. Also Marc seems like a really level headed and cool guy. Adams voice totally reminds me of all the Canadian guys "wanna go for a rip bud?" go ATVing with me during the winter :)
Nice one good interview interesting guy👍
Mark is a very cool guy nice video
Great video.
No mistaking that Canadian accent.
I can’t believe how much he sounds like his uncle. Not just the accent but the voice too.
Adam, much appreciated. Youre really a good journalist which may be the product of being a good conversationist. What are the rates for staff in Thailand and is there an english speaking agenvy that doesnt rip you off?
For non-english speaking maid, it would be around 15,000 baht/month (Laos or Myanmar), 20,000 /month (Thai) and 24,000/month for english-speaking maid. Any Thai agency will happily reply to your e-mail in english. Unlike China or Japan, english is a subject taught in Thai schools so most Thai can understand some english although they are not fluent speakers. Philippines maids can speak better english but there is added expense to renew their annual work visa.
Lived on the same hill back in 2013. Came back to visit in 2017 and a lot had changed already. I wonder what Lamai looks like now. In case you haven’t tried yet, Mark, go enjoy some of the food at the Spa Resort, either by the beach, or the location in the jungle. Eet smakelijk!
Thais can do spirit at a fraction of the cost in the States!! Can’t beat that!!
This guy is inspiring. I would love to know what he does, what types of companies he runs and invests in
Hi Adam! I am a subscriber to RWFU and I was recommended your new channel. Is your channel similar to THAIRISH TIMES? Are you familiar with that channel? I like this format where you interview expats and their experiences living in Thailand. Looking forward to the next video!
Thanks Kevin - the goal with this channel is to understand the good (and the not so good) on building a life in Thailand from those who have moved here and done it. I only know the intricacies of why and how I moved here. But there’s all sorts of reasons and ways one could/would go about moving to Thailand. That’s what I’m looking to get a read on with this Channel 👍🏼
Well done Adam
Good luck Adam. Keep up the good job. Shalom from tiny Kibutz near Gaza in Israel.
Perhaps a follow-up video would be helpful after the true effects of the new taxation system is fully known.
Agreed wholeheartedly
Hi Adam - nice first video. Congrats. I watch your Uncle Chris sometimes. | left Canada 8 years ago and set up a sister company to my Canadian one (which is still operating in Richmond Hill). We should meet up.
Sweet. Always cool to hear from other Canadians over here. Are you based in BKK?
i love koh samui.tranquil and beautiful.
Nice video!!!!!. you sound like the guy who has the channel, Retired working for you.
This guy is really cool. He has life figured.
Good question
Hey Adam, what!!!!.....you have your own channel.....I have subscribed.....hope RW4U did not fire you....555.....well done, all the best....
Thanks Theo!
I’m sure everyone can live this guy’s lifestyle
@adam, what happens at the end of the 30 year lease? New sub, and love your dad’s channel also.
The way I understand it is this… the leasehold agreement can be renewed for an additional 30-years, but it’s important to note that the option to renew (through a renewal clause in the leasehold contract) isn’t guaranteed under Thai Law and is instead considered a contract obligation or ‘promise’ and not a real lease right of the lessee. Often times, you’ll see advertisements for 30 + 30 + 30 year leasehold agreements, but only the first 30-years would be a real lease right of the lessee in that world. Would you have any issues with the renewal process if there was a renewal clause properly written into the initial contract? Probably not. But it’s not a 100% guarantee as far as a I understand it. In order to properly renew the leasehold agreement, it would need to be re-registered at the local land office for another 30-years. Of course, it’s best to have a reputable lawyer advise you as you don’t want to be left in a vulnerable position
Nice interview. Adam, you mentioned you have been staying in Thailand for 3 years already. How did you do it? Border runs? I'm far from retirement age and curious what options there are.
Is the Internet big enough for two parkers? Great to see you getting out from behind the scenes.
Absolutely...
I agree with Marc that Koh Samui is a lot nicer than Phuket for long-term living. I lived in Phuket during covid and loved it, but having been back a couple of times since, it's not the same :)
Marc are you my long lost Dad?!! lol Good video.
The Dutch are always so rich. Smart country. One of the best.
Niet echt🤣
There are also not so rich Dutchies, … most of us are hard workers with good work ethics which can lead to financial success, but it’s not all about money folks 😉
Dutch are usually not that ‘rich’ or wealthy, they prefer a relaxed lifestyle over the rat race, that usually comes with growing wealth. We do not aim to be ‘rich’ in most cases.
Your interviewing skills are stellar. This is my second video of yours I’ve watched. Both were great!
I so Proud to be Thai , but live in Holland 😂 ,พ่อของลูกๆ ไปเที่ยวที่เมืองไทย3-4ต่อปี เค้าชอบปาร์ตี้กับผญ (ยอมรับในการตัดสินของเค้า ชีวิตของเค้า) ส่วนฉันชอบอะไรที่แตกต่าง รักสงบกับครอบครัว . ขอไห้คนต่างชาติ ใช้ชีวิตในเมืองไทยอย่างมีสติ และมีความสุขในเมืองใทยค่ะ🙏🙏🙏
Its a very beautiful and classic place, wonderful. Watching from Uganda 🇺🇬 visit Uganda too we have the best tourism to explore
สวัสดีครับ แวะมาเยี่ยมชม
I knew he was going to say OOM. I can confirm that they are awesome. I needed a spinal Fusion and they paid directly for everything without any hassle. I had it done at Samitivej hospital in Bangkok.
Very nice Interview and a great VDO, Adam! The only thing I do not understand from Marc is that he goes for a retirement visa instead of taking an Elite Visa. He clearly has the money for it and you get rid of all the hassle and bureaucracy involved with the yearly renewal of the retirement visa....
You have to renew Elite every year just the same if you don't leave. Elite now is 5m THB for 20 years, so 250,000/year ($7,000) vs 1,900 a year ($50) to renew retirement. And that's $7k/year if you don't consider how much 5m would appreciate if you invested it instead, S&P500 doubles every 7 years on average so 5m now could be 10m in 7y, 20m in 14y, 40m in 21 years. That's over a million dollars, potentially, if you invested it. Getting a bit pricey now, no?
And really, it's just the visa. Any of the perks, airport limo, fast track, you can just buy yourself if you want them, and for a lot less money than ponying up 5m in advance. Some stuff is even harder on Elite because it's such a niche visa, like you have to go to Bangkok to move it into a new passport. Retirement you can just go to your local immigration office. Some provinces won't give full drivers licenses to Elite, as it's a tourist visa, they will to retirement as it's non-immigrant. There are other gotchas as well, it's not half as "privileged" as people think. It's actually incredibly bureaucratic, you DON'T get away from that, you still have do 90 day reports with all the plebs. And while Elite will do that they add their own deadlines on top of Thai immigration's ones, and you have to go to their office twice, to drop off and pick it up a week later. Or anyone on any visa, can just do 90 day online in 5 minutes, I have never got Elite to do it because it's a much bigger hassle than just doing it myself. There are other things, like one thing which was quite important I was literally 5 minutes over a deadline (which they only notified us of with
The visas are so simple and relatively cheap with an agency.
Adam, where are you in Thailand? Great video and interview. He seems like a great guy! We have a place in Udon Thani, but we split our time between there and Texas. Hey, you left off the link for the Thai language course. I'd be interested. I speak Spanish fluently and Thai is kicking my butt trying to learn it.
Thanks for watching! I have been based in Bangkok for the past 3x years. Haven't made it out to Udon Thani yet but would like to sometime this year. Here is a link to the Thai Language Challenge: www.thailanguagechallenge.com
Cheers!
hi youre not fazed by the polution?@@adamparker21
The pollution (especially at this time of the year) is far from ideal and definitely creeps up on me at times. Especially when I’m riding in traffic.
Great topic & video Adam, I've just subbed 👍 I was wondering as Marc is in & out of Thailand often & not there all year round he mentioned he has full time staff, does he employ them all year round or are they just on a casual contract & only work for him while he's in the country. I'm thinking of maybe setting up a base in Thailand staying maybe 3 to 4 months of the year & if I purchase a property would probably looking for 2 or 3 staff & just wanting to know the set up for something like this. I think he mentioned a yearly budget of around $70K which took into consideration his life style & staff ie chief, driver & gardener. Any information on this would be greatly appreciated.
Regard AL
The staff are employed year round as the villa is often rented out while he is not there
Nice to know Adam thanks for the additional information. I'm hoping the new Thai law will come in soon were foreigners can own land, this has been one reason I've not wanted to but a villa but hopefully thing are changing on that front. 😀👍@@adamparker21
The Parkers are taking over Thailand lol cheers mate.
Please send info on the Koh Tan Club he mentioned.
I love your interviews. Marc needs to make health a priority so he can enjoy that hard fought wealth and lifestyle. He has a BMI over 30 which could be dangerous. He needs to put the 5 course lunches on the back burner so to speak.