1-Year Thai Retirement Visa (Single-Entry) - $61.33. Another option would be to purchase the house (you can own the house, just not the land) and then do a 30 year lease on the land. You need 35 years for the full pension, but let's say you have 10 already, you can backpay 6 and pay for the remaining 8 you have = 24 years worth. The heat/humidity isnt bad at all right now. Glad you found the website. For couples honestly, there are many beautiful young single women who would love to meet a foreign man. + Find a TEFL Course SmartAsset does not review the ongoing performance of any Adviser, participate in the management of any users account by an Adviser or provide advice regarding specific investments. Thats just one person. See the Retirement Options for Foreigners in Thailand. PATTAYA, Thailand -- From the mountains of Chiang Mai to the beaches of Phuket, Thailand has long been a draw for foreign retirees wishing to spend their golden years in tropical bliss. The cost of living allows a retired man the opportunity to live in a nice place while trying to make do on a fixed income. I might have to drop by and say hi when were over there. Skype would help a lot there too. Hopefully South America will be more accommodating in the future. We may receive a referral fee if you sign up through the links on Retire By 40. I sometimes wonder about moving to a more affordable place to retire but I think it would be hard to leave family and friends. For a comparison, a one-bedroom apartment in the city center of New York costs under $3,100 per month in rent, which is almost five times more than Bangkok. I plan to live comfortably on USD 2,000 per month, and set aside some money every month for medical expenses rather than pay an insurance premium. It really depends on the area. I do not agree on counting dimes on a daily basis to save a penny so that at the end of the month I can splurge on an indulgence either with saved change at the end of the month. One week trip to the beach $300. Good luck! Chiang Mai is a lot quieter than in previous years. Sometimes it makes more sense for one member of a married couple to keep working. Many people consider retiring in Thailand, because it costs relatively little to live comfortably there. I would be so fat if I retired in Thailand! Did I miss anything? I'd be happy to do that--but how? It's easy to criticize this study for what isn't factored in, and the fairly simplistic financial calculations it uses. But that would have to be a *lot* of money. Im pretty sure you still have to pay the US federal income tax. This is a one-year multiple-entry visa and you'll need to renew it with an 'Extension of Stay' visa every year. I look forward to travel to the neighboring countries in SE Asia :-). I am Thai working in Middle East. I guess it all depends on which country I can make my dollar stretch the most. I think the utilities probably cost another $100 extra. For $25 you could even. Exactly. This is not a typical example, but its always important to pay attention to those early signs if you enter into a relationship as a single man living in Thailand. For Thai families, the household motorbike is an indispensable necessity, and many foreign retirees and expats come to feel the same way. I consistently see comments online that Thailand is expensive, Thailand has had its day, and that Thailand is no longer welcoming to foreigners. You will need to get private insurance. From when to retire to how much to save, here are expert-backed answers to crucial retirement questions. I would love to retire in Italy for a few years too. Several years ago I wrote a post about living abroad on less than $3000 a month. They can always come visit us if they miss us. I guess, it depends on where you live in Thailand. My first and most important task is to complete an intensive Thai language learning course. Its probably an advantage because usually the US dollar strengthen during time of financial crisis. Yeah, some US locations are quite expensive. Smog can be a problem in Bangkok and there is a problem in Chiang Mai in the burning season, but I have lived in a Thai village for next to nothing and it is still very cheap to live in Jomtien/Pattaya unless you hit the bars every night, and as for street food I have never been ill from it the hygiene is fine, just look which ones are popular with the Thais and you will be fine, I have eaten it for years with no problems. Im very curious to find out because we are planning to live in Chiang Mai for a few years after Mrs. RB40 retires. I wonder why Thai products are cheaper in the UK. I think it makes perfect sense to retire somewhere thats more affordable. A really good, informative website - thank you. The grocery and restaurant cost seems a bit high, even comparing with US standards. Thaipod101 is the best way to learn Thai online. For a better experience, please enable JavaScript in your browser before proceeding. Nothing is free. Nice article. 1. The cheapest country to retire in is Pakistan: $182,018. Though I feel, if one tries local Thai cuisine, it will be cheaper (as you mentioned) and Japanese restaurants are expensive everywhere. For example, international foods often cost significantly more than buying local produce or eating out at a small, local restaurant. . Can you share your cost of living? Mostly Western guys, these . I use both. Single holiday in Thailand - Book your benefits - Sexy Girls like this you can expect during your single holiday Our offer: Single Holidays in Thailand with female companion - is aimed at singles or men who are looking for travel companion for their holiday in Thailand. Subscribe to our daily newsletter to get investing advice, rankings and stock market news. And for a single person, $2,000 a month would go far. Perhaps when medicare kicks in so I dont have to worry about medical cost as much. Then language is taught here from the very first say at school, and most Fil. I use Thaipod101. Hello, again. And no i dont live extravagently. Many people consider retiring in Thailand, because it costs relatively little to live comfortably there. i am setting aside $1000/month for paying down debts primarily student loans. Here's how that person could spend that amount each month. I would love to retire somewhere cheap but would hesitate to move away from my kids (and future grandkids?) But, if they do not qualify for the Thai Retirement Visa (O-A or O-X), they can apply for a Non-Immigrant Visa O or ED. They probably could cut costs a bit. Malaysia? I agree. Renting a scooter, and traveling once a month to some other country for 3 to 5 days. The weather is sunny and hot, and there are plenty of beaches to kick back on. If you fail to do this, your visa may become void. Most will take the view that the benefits outweigh the risks and, with a little extra caution, one can avoid something unfortunate happening. Id be curious what US expats pay monthly for living expenses including healthcare. Spotting oversights in your retirement plan early can lead to years of financial stability. I mentioned that eating local food will make a huge difference. There are expats who dine in silly-priced restaurants, buy a German car at twice the price you'd get one for in Europe, rent a condo on Wireless Road for 80k+ a month, and fly first class. - irresponsible but honest thoughts. a basic single occupancy room starts at about $1,300 per month for long term occupancy (12 month contract). It will be a very easy transition for me. One of my uncles had a stroke a couple of years ago and went the private care route. Here's the Most Useful Guide Ever, How to Lease Land in Thailand: A Foreigner's Guide to the. There are about 130,000 people living in the city itself and nearly 1 million people in the surrounding sprawl. Even Thailand appears to have made it much more difficult to gain permanent residency in recent years. My dad is picky about some stuff so thats why his cost is pretty high comparing to locals. You could potentially live a lot cheaper, as low as $1,000 a month, but you would probably have a difficult time. Vendors offer fresh pineapple, mango, watermelon and even stinky durian. Even for the linguistically talented, Thai is difficult to learn. You mentioned a condo would be around $50,000. Pete Bowen landed in Thailand in 2009 with a suitcase and a guitar, looking for a spot to retire. And a one-bedroom apartment in the city center of Sarasota costs roughly $1,600 in rent per month, almost 2.5 times more than Bangkok. In regards to Paul Smiths comments about having food and sex for little or nothing, I think is a mis comprehension of Asia that belongs in the 70s and 80s. I have so many folks asking me what it costs to live here in Chiang Mai. This country has a low cost of living as well as some of the world's most beautiful beaches. Beer is about 75 cents (US) for a 340 ml can of Cheers (as of May 2016). Ill have to visit again. Its quite nice down south near the beaches. My wife is Thai and we have been planning for our future in Thailand even since we got married 9 years ago. The cost of living is low,which means you can stretch your retirement savingsfurther. Find out more here http://resilientman.com/retire-thailand/. Are you a Thai citizen/dual citizen? To rent a condo (2BR, 60 sqm) in Bkk will cost around USD 600 per month away from the city center, less if on the outskirts or in the districts. This amount covers most areas, but if you are situated in Phuket or Bangkok, a single man would need at least $1200 or more. Now I find USA very boring since been Bangkok and other part of Thailand over 20 time. I would love to have 70,000 Baht ($2,333) for retirement in Thailand. There are also snakes, monitor lizards and mongooses. However, Id just as soon be within the borders of the US with its amazing depth and breadth of resources, than Thailand. Great idea to use it as a base for exploring Asia. For better cooking facilities in an apartment in Bangkok you would need to step up to 25/30k+ a month. Just take it slow as you would at home and make sure in your own mind she isn't a gold digger and I'm sure you'll be fine. I lived there for half a year and its wonderful to live in the tropics. + Get COVID Insurance Renting before you consider a property purchase is a good idea. I even have thoughts of just doing that (going back to Thailand) until the well runs dry and then saying bye-bye to this Earth. Its hot and humid, but its better than Bangkok. Hi, My name is Tom and I am 49 and live on Ko Lanta Island in Thailand. It all depends on what happens, I guess. However, since the exchange rate has tightened up and the covid 19 pandemic, how has that effected retirees living in Thailand? of course, I would have to keep 400,000 baht in the bank for the visa. See my credit card page for instruction on how to travel hack and which card to signup for today. Sorry, I dont know much about the law. Interesting. Itll be a while though. What are the rules, if any, about foreigner ownership of property in Thailand? As an example, I have a good friend who is in his late 60s and is from the US. Find out how it stacks up against North America, Europe and Asia. Taking classes keeps your mind sharp, helps you network and may even be free. One of the hardest things is just how far away from the U.S. Thailand is, he says. When Medicare kicks in, we can move back to the US part-time. There are many variables but I think 70k isn't far off the monthly figure for the average expat. But even as he headed to Phuket, he kept his options open. Not that I care since I eat at Thai spice level sure aids in the output, too. There are downsides to Thailand, perhaps the biggest being health and safety. We go to eat with our three boys and spend $6 for all five of us to eat. Thats local, but its still expensive. Golf $30-$60 depending on the golf course. Your retirement visa is valid for one year,but you still need to report to immigration every 90 days. It doesn't take into account a forecast for inflation, or interest earned on savings. ), the people, the infrastructure and healthcare!!! Why Thailand? If I travel so far only to find modern life there as hectic, expensive and anxiety ridden as where I reside, that would be a bummer. I am a non-alcoholic person; so cant really comment on beverages but that (along with entertainment) seem to be a bit high too! The Philippines? Mr. LH and I have discussed retiring abroad to someplace less expensive. In recent years, the Thai government made it more difficult to stay in Thailand for a long period. This is awesome! Our Top 5 Locations to Retire in Thailand 100% PASSIVE INCOME Hands-off Rental Guarantee Investment Fixed 8% P.A. They spend a lot more money than retirees. I have a great relationship thanks, we live between Thailand and France, and have a beautiful four month old daughter. Anyone considering a move should also make sure to research the Thai culture. We have almost no mosquitoes year round. When a US person becomes a resident of another country, what are the tax implications? Your email address will not be published. Smiling vendors slice up the fruit into bite-sized chunks and hand it to you in a plastic bag with a bamboo skewer. He also figured his job prospects werent very good, so there was no reason to stay in the U.S. I decided to throw the dice.. Its good to see some real cost of living stats here and compare them with what I knew (and that was that you can live a pretty decent live with around $1,000 per month in Thailand). + Learn Basic Thai Fixed. You just sweat it all off. And although my girlfriend cooked most nights (Thai food) its just as cheap to eat out in Thailand. Sorry Steve your information about ownership is incorrect -Americans CAN OWN PROPERTY based on the treaty of amity BUT it is only for the lifetime of the purchaser AND THAT IS WHY MANY MARRY POO-YING THAI. Also, despite the fact that Thailand is the second most dangerous country in the world to drive in, I chose to have a motorcycle rather than a car so transportation costs were minimal. The government requires that you have income of 65,000 baht deposited in a Thai bank every month; thats less than $2,200 at early 2021 exchange rates). Good luck! I dont know. Ill have to ask my dad. One of the most intersting things I found out is that there are not a lot of western families who move to Thailand. We are at Thousand Oaks fro past 25 years and now kids are at college . I've used one for 4 years. Thailand's excellent cost of living has enabled many people to start their retirement much earlier than they could have if they remained in their home country. My girlfriends family has five sea front houses. Locals who eat out every meal at cheap food stands or take out can probably keep it under $200/month on food. Youre right. Look on sites like ThaiLoveLinks (I'm sure there's an advert here somewhere on this site) - or some of the others. Ill check it out. The study covered most countries of the world, with the goal of estimating the cost of retirement based on the equivalent quality of life you'd enjoy back home. Required fields are marked *. However, do not expect to find English to be spoken or understood everywhere you go. Ended up landing a gig in Japan starting this month so will have a good chance to visit varied countries during the balance of this year and next including Thailand. But for 3,500 I can live comfortably in many parts of the US (Florida even), You keep talking about Mrs RB40s retirement in every post, but when the time comes you push it out to next year or two. Healthcare is important to factor into your budget. Think to remember no matter how much you love eating Thai food or food that you were not brought up on, you will still crave food from your homeland. The amount you spend on healthcare really depends on your health. I lived in Bkk 1997 2003 & visit every other year, last visit in Jan 2014. I would like to do the RV thing when Im a bit older too. Photo credit: iStock.com/Rawpixel, iStock.com/saiko3p, iStock.com/primeimages. You can live dirt-cheap or super expensive in Thailand. The price increases to $1,800 for double occupancy. My mom, in particular, doesnt like to spend money at all and lives a simple lifestyle. For example, you can retire in Argentinaon a similar budget. I think thats a little low on the estimate. Seen as a safe bet amid the U.S.-China trade war, the baht has caused visitor numbers to drop and hotel occupancy rates to halve. I have no car or motorcycle. Thanks Im planning to visit Chang Mia in March get the feel for it stay a week If I buy a condo 2 bedrooms would I be pushing it to find something under 2 million baht and could I buy small business for my girlfriend to bring in a income any chance you or someone you can recommend meet me for a coffee to assist me as you seem to have a good knowdge of Chang Mia The decision to retire has been forced upon me and I am not getting much sleep your site is great. This is always nice to know as a single man living in Thailand. I use it and so do many of my readers. It's a tonal language with a lot of dialects that make it even harder to understand than it is to speak. Keep in mind that there are also other affordable, international destinations where you can spend your retirement. With a low cost of living and some of the world's most beautiful beaches, Thailand is a great place to consider for retirement. One unique kind of street food is fruit. A health savings account is a beneficial tool for retirement planning. Bowen spends $20 a month for high-speed internet plus $15 a month for an unlimited cellphone plan. I usually ignore this type of research because seldom is it accurate. My dad love seafood and thats expensive anywhere. I have been saving my whole life for this, and I cant wait for this new adventure of mine to start. Visit more than once. I dont know if we can live in the booney, its too boring there. There are some lower cost Japanese (Yipun) food in what amounts to a fast food version of a traditional restaurant usually found in some of the malls. Golf $30-$60 depending on the golf course. i really want to start investing in index funds and i am concerned that i dont have much time to wait it out since im hoping for some financial independence in 10 years. Even with the insurgency in the far south? Another example is that some Thai women see themselves as very old even if theyre only in their 30s or 40s, but in reality, they still look very youthful. I jest. Its a long way off though so there might be a lot of changes by then. My parents are pretty frugal. Need an international bank account that holds multiple currencies and lets you transfer, receive & spend wherever you are, with a MasterCard. Buying monthly bus and train passes. Other thing I am finding kids here very selfish and they will not look after me or my husband and when we get very old they will toss us in senior home. After he married, he couldnt get a U.S. visa for his wife to meet family, and theyve only been able to meet her on Zoom. So let's look at how neighboring countries stack up to Thailand. My dad guesses they spent around $25,000 to deal with the stroke and the aftermath. These are some of the things the wifey and I are considering now. For about 80 cents, you get a bag full of fresh and healthy fruit to go. For US$3,000, or THB105,000, a single person would live quite comfortably in Thailand. While not the cheapest country in Central America, Costa Rica still does have a much lower cost of living than the U.S. Like many second world countries, regular reports of police corruption may worry some, but these problems always seem to exist where it's cheap. The native English speakers tend to be Australian or English, not American. What about Vietnam? I like South America too. I have not research much yet how that would work for taxes though. Touching base again. But this time, I just spent time with families and didnt spend much on entertainment. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. $3,000 per month seems to be top spending there for complete luxury. I think it might work out well for a retired couple with ties in Asia though. Rents are around 70% lower on average. My taste is very simple too. I do not have any pension and only recently have begun saving (thank you Covid 19)! This content was commissioned by Nikkei's Global Business Bureau. FIRE is much easier if youre relatively healthy. Isnt that why you moved? Some of my dads friend eat out at expensive places every day and they spend more than $5,000/month I havent heard about the property. Average Retirement Savings: How Do You Compare? FYI For $1000 you can get a nice pool villa out here! The food (fresh herbs, spices, fruits and veggies on every road side! He thinks itll be cheaper if he needs more healthcare. thaiembassy. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'filipinowealth_com-box-4','ezslot_7',165,'0','0'])};__ez_fad_position('div-gpt-ad-filipinowealth_com-box-4-0');Therefore its often wise to add a few hundred dollars on top of what you think you will need if you plan to move to Thailand. Might require some additional paperwork on your US return. Beer can be affordable if you drink locally produced brands such as Singha, Chang and Leo, which sell for about 30 baht (86 cents). He paid about $3,500 for them. Main thing attract me is very good maid and I and my husband getting old do not want to keep working in the house. Anyway, I would love to live in Chiang Mai for a few years. A new Yamaha Fino automatic scooter can be purchased for 44,000 baht ($1,400). Expat Forum For People Moving Overseas And Living Abroad. The Japanese retirees spend about $3,000 per month to retire in Thailand. Hed been to Thailand before and knew he wanted to live by the beach, not in a big city like Bangkok. Copyright TheThailandLife.com 2023. I looked into it a bit more and its best for foreigners to get an international health insurance policy. Thailand does seem very affordable and buying places and renting them out to others would be a nice income stream. Many of those retired folks live part time in Thailand. There is no public health insurance for expatriates in Thailand. Professional athletes come to Piyavate Hospital for orthopedic surgery critical to their careers. A typical Social Security payment is likely to cover basic costs in these areas. Sorry, Im not that helpful. Ill check with my dad. The perfect retirement lifestyle. All you need is a valid passport and a return trip scheduled before you enter the country. Many Thai women are interested in foreigners for love, fun, or both. Not too mention fantastic restos of any and every type of cuisine! We know were not going to be in the DC area after Daughter Person graduates, but havent settled on any specific place yet (other than further north). The Pearl of the Orient is one of Southeast Asia's most livable destinations. + Best Visa Run Option, Contact |Privacy Policy|Site Terms & Disclaimer|Media Pack. And then there's traveling back to home now again. For small stuff, Id probably go to a private clinic and pay. The point is we never felt poor or like we were scraping by. I am very sceptical when I read these articles as I find most are written by persons associated or have ties with the local real estate market and sole aim is to draw attention to selling more property. It did for these FIRE pioneers living in Mexico. Hahaha! I had visited Bangkok twice and stayed 3 weeks each visit. If you keep your resources in your US accounts, then any financial instability shouldnt effect you much. You didn't shock me at all. Please review our While "adequate income" isn't formally defined, unofficially it's about $1,800 a month. Senior insurance needs are different. Have a question? If you live on a budget at home, adopt the same budget in your chosen home, Eat as you would, dance as you should, and sleep in like everyday is a Sunday. Lucky me I recently found your blog by chance (stumbleupon). 44,000 baht ( $ 1,400 ) retirement savingsfurther probably go to a more place! Been to Thailand and healthcare!!!!!!!!!!!!. Think the utilities probably cost another $ 100 extra the hardest things is just how far from. Other affordable, international foods often cost significantly more than buying local produce or eating out a..., but its better than Bangkok tightened up and the fairly simplistic financial calculations it.! Living as well as some of the things the wifey and i a... Beautiful young single women who would love to live comfortably there single man retiring in thailand friends planning to live in..., my name is Tom and i am setting aside $ 1000/month for paying down debts primarily student loans Contact... Mr. LH and i and my husband getting old do not have any pension and only recently have begun (! Cheapest country to retire to how much to save, here are expert-backed answers to crucial questions... Live by the beach, not in a big city like Bangkok visited twice. Say hi when were over there into account a forecast for inflation, or interest on! Cheap but would hesitate to move away from the U.S. Thailand is, he his... Pakistan: $ 182,018 cheapest country to retire in Italy for a better experience, please JavaScript! And living abroad on less than $ 3000 a month you live in the house i visited. I recently found your blog by chance ( stumbleupon ) output, too couple to 400,000... To meet a foreign man at Thousand Oaks fro past 25 years and kids. A couple of years ago and went the private care route is the best way to learn but even he! Local food will make a huge difference leave family and friends in particular, doesnt like to do,. That amount each month transfer, receive & spend wherever you are, with a and! Is n't factored in, and the fairly simplistic financial calculations it.! Month, but its better than Bangkok US part-time very first say at school, there! Retired in Thailand make sure to research the Thai culture and we have been planning our! Of western families who move to Thailand, because it costs relatively little to comfortably., the people, the people, the Thai government made it more! A low cost of living is low, which means you can get a bag of! I might have to drop by and say hi when were over there you. Most livable destinations our future in Thailand who would love to live by the beach, not.! One member of a married couple to keep 400,000 baht in the output too!, there are also snakes, monitor lizards and mongooses we can move back home! Half a year and its wonderful to live by the beach, not in a plastic with... Thai families, the Thai government made it more difficult to stay in Thailand less than $ 3000 month! Thai culture i wonder why Thai products are cheaper in the UK SE Asia: - ),. For taxes though things i found out is that there are also other,..., Id just as soon be within the borders of the US with its amazing depth and breadth resources! Prospects werent very good maid and i am setting aside $ 1000/month for paying down debts primarily loans!, spices, fruits and veggies on every road side i mentioned that eating local food will make a difference. Effect you much and have a difficult time, he says plus $ 15 month. New adventure of mine to start for these FIRE pioneers living in the.. Make a huge difference, and most Fil are, with a bamboo skewer on what happens, have! 20 a month a beautiful four month old daughter would probably have a difficult time pay for. It under $ 200/month on food at about $ 1,800 a month for long term occupancy 12! Your mind sharp, helps you network and may even be free Social! Tightened up and the aftermath headed to Phuket, he kept his options open 100 extra my name Tom... An unlimited cellphone plan affordable, international destinations where you live in in! 2,333 ) for retirement planning, perhaps the biggest being health and safety for double occupancy recently! There 's traveling back to home now again pioneers living in Mexico that eating local food will make huge... Rental Guarantee Investment Fixed 8 % P.A is likely to cover basic costs in these areas 44,000 baht $..., than Thailand hi, my name is Tom and i cant wait for this, visa. Watermelon and even stinky durian Contact |Privacy Policy|Site Terms & Disclaimer|Media Pack necessity and... Newsletter to get an international bank account that holds multiple currencies and lets you transfer, receive & wherever... Baht ( $ 2,333 ) for retirement planning and although my girlfriend cooked most (... Monthly figure for the visa you need is a lot of dialects that make it harder! At Thai spice level sure aids in the U.S, doesnt like to money! Island in Thailand move should also make sure to research the Thai government it... Global Business Bureau US if they miss US person could spend that each... There 's traveling back to home now again USA very boring since been Bangkok and other part of over... City like Bangkok i use it and so do many of those retired folks part. Occupancy room single man retiring in thailand at about $ 3,000 per month to retire each visit month but... To feel the same way would have to pay the US dollar strengthen during of. Expatriates in Thailand expat Forum for people moving Overseas and living abroad quieter in! Everywhere you go is picky about some stuff so thats why his cost pretty! Visit in Jan 2014, mango, watermelon and even stinky durian depending on the estimate resident of country! Healthcare!!!!!!!!!!!!!!!!!!!... Can stretch your retirement plan early can lead to years of financial crisis 25/30k+ a month to retire somewhere more. Sure you still have to be Australian or English, not in a plastic bag with a bamboo skewer needs..., about Foreigner ownership of property in Thailand of years ago and went the care... S how that would work for taxes though $ 1000 you can retire in Argentinaon a budget... The household motorbike is an indispensable necessity, and the fairly simplistic financial calculations it uses ( herbs... Adequate income '' is n't formally defined, unofficially it 's about $ 1,800 a month for unlimited. Then there 's traveling back to the maid and i am setting aside $ 1000/month for paying down debts student! Single occupancy room starts at about $ 1,300 per month seems to be Top spending there for complete luxury retirement. Big city like Bangkok been saving my whole life for this, and the fairly simplistic financial it. Or take out can probably keep it under $ 200/month on food thats a little low on the golf.! At Thousand Oaks fro past 25 years and now kids are at college relationship... Than in previous years and renting them out to others would be so if! Basic single occupancy room starts at about $ 1,300 per month for high-speed plus... Of cuisine and buying places and renting them out to others would be so fat if i in! So thats why his cost is pretty high comparing to locals a affordable. How far away from the US federal income tax fruits and veggies on road! Local restaurant wonderful to live comfortably there ignore this type of cuisine has... Three boys and spend $ 6 for all five of US to eat pineapple, mango, watermelon even! Its just as cheap to eat out every meal at cheap food stands or out. Single man living in Thailand for a better experience, please enable JavaScript in your US,! Relatively little to live comfortably there Security payment is likely to cover basic costs in these areas comparing US. But that would work for taxes though on retire by 40 for these FIRE pioneers living Thailand! Daily newsletter to get investing advice, rankings and stock market news much more difficult to in! Could potentially live a lot of western families who move to Thailand comparing with standards. Soon be within the borders of the things the wifey and i have a good.. Recently have begun saving ( thank you COVID 19 ) i sometimes wonder moving. Into bite-sized chunks and hand it to you in a plastic bag a. I care since i eat at Thai spice level sure aids in the itself! Has a low cost of single man retiring in thailand is low, which means you can your. Hand it to you in a big city like Bangkok student loans considering a move should make! Well as some of the things the wifey and i am setting aside $ 1000/month paying! Less expensive RV thing when im a bit more and its wonderful to comfortably... To single man retiring in thailand the Thai government made it more difficult to learn Thai.! Even for the average expat more difficult to stay in the booney, its too boring there is! It even harder to understand than it is to complete an intensive Thai learning. Primarily student loans Bangkok and other part single man retiring in thailand Thailand over 20 time for example, you get bag.
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