@@AbroadInThailand yes Mike…. And when I first got here, I remember I said I hated Koh Samui because of all the rubbish. I actually love Koh Samui now 😂 especially the clean and quiet parts
Yes,it feels that it is your place for sure. You look much more relaxed there,unlike when you travel. So your feeling is right. I'm sure you will succeed to bring your family there. Just a matter of time. The monthly budget is great comparing to US. In fact you can't compare those two places. Difference from here to the moon. What is the mentality of the local people when in a relationship with a foreigner when it comes to finances? Are they contributing equally and willing to do so,or it's more like expected from the foreign person to do so? We hear so many stories and opinions about it.
My wife and I have the same mindset...would much prefer to pay for family to come to SE Asia, where they can see something somewhat exotic to them and new, rather than go back to the U.S. where everything is much more expensive and has already been done :)
The cost of living in Thailand depends on where you stay and, in my opinion, I know some areas in Thailand where you can live off of $800/month literally that is including rent, transportation and food. Now of course these areas are not Phuket, Koh Samui, Bangkok, Pattaya, Hua Hin, Krabi outside of these areas you can save an extra $500-$1,000 a month on average.
Hoping to move to KS in a couple of years after my son graduates! I have heard Chris and others talk about Samui being more expensive (relatively speaking) so this was very helpful. I would like to be able to be at 1200-1500/USD month so maybe it is doable!
Thanks for the information! It looks like it is very challenging to find a gated house that accepts dogs. We have a 1 big dog. I've searched fb about the rental housings and they start from 35k baht. Rents are getting more expensive each month. Very scary 😅
were you successful. planning to shift there with 2 cats. I also fin it a bt diffciult to find good houses that accepts pets. and also the rents are way higher. like u said 35k is bare minimum i guess.. Are you going to stay there for long?
You would also need to take into account the new thai revenue laws (not new actually, but enforced since january 1st 2024). If you stay at least 6 months in thailand in year, regardless of where your income comes from, you will have to declare it to the revenue department and pay taxes on it.
Hi Mike, great video, thank you. Interesting that you can live on $1200 per month, that's great value. Does that include eating out, or do you mostly cook at home with your fiance? Is Koh Samui particularly expensive when compared to other places in Thailand, like Bangkok or Chiang Mai? Sorry to be nosey but, how do you make up in income the $1200 per month? Is it your digital nomad income plus your fiances, or do you have other sources? Thank you, best wishes, Ian (UK)
Hi Mike, thanks for sharing this great video. What is the best way to find accommodation to rent long term? My wife and I are moving to Koh Samui and I've heard that properties on real estate websites are overinflated in price. Any advice would be greatly appreciated!
Looking to return to Samui in November -- probably stay 3 months. Looking to secure an affordable rental (~ 10k - 12k Bht / Month) -- ideally in the Maenam area. Looking for a place I might return to each year and use as a "home base" for other travels. From my location (Seattle, Wa. USA) what are the best on-line resources for researching and securing this?
Thanks for your comment! I recommend checking out house rental options on Facebook Marketplace. I've made some videos going over this on my channel. Let me know if you have any questions.
Hi mike, great video. I’m in Vietnam and considering heading to Koh Samui for a few months as of next week. Would really appreciate some more info on the unit you mentioned. Rob
Thanks for your comment! I've now spent time living in each of these places. One thing I really liked about Da Nang was the low cost of living in a beach city. I definitely enjoyed my time there and plan to return again sometime soon. That being said, Koh Samui still ticks most of the boxes for me! Hope you enjoy your travels. Feel free to schedule a consultation call on my website if you're interested 😊
How are you dealing with the Visa situation? We left due to the costs of Visas and a Thai 'partner/sponsor' blackmailing us for more money constantly, as we had to have a registered business in order to live there. After being threatened time and time again by him and his entourage of Thai friends, we decided to walk away from a business we had invested £25k in, so how do you deal with the Visa situation? I now work online and need to keep working, even though I qualify for a retirement Visa? What are the options? Any recommendations would be appreciated as we're not loving Cambodia, even though it's a lot easier to get long term visas...
Hey Paul thanks for your comment! Sorry to hear about your unfortunate situation with the business. I just finished recording a full-length video going over all of the different visa options. It will be live on the channel soon. Stay tuned!
@@AbroadInThailand Okay great, thank you. Planning on venturing back again in August, opting to spend some time in Trat and Koh Chang rather than Koh Lanta or Ao Nang in Krabi this time. Ideally long-term, hopefully on a 1 year visa :)
Smoky season affects Northern Thailand mostly, Chiang Mai and surrounding areas where the burning happens from about February through end April. We left Chiang Mai as result - really not healthy to breathe it in.
@@AbroadInThailand for people aged 50 and over. Monthly income of at least THB 65,000. Have to explore some more about it as it says: or Thai bank account showing deposit amount of a minimum of THB 800,000
Schedule a consultation call here: www.beremoteconsulting.com
Nobody understands how much of a Utopia thailand truly is until you actually take a leap of faith and go there, It is a freeing place
You can lead a horse to water but good luck making it drink 😂 It's totally worth it when you make the leap!
@@AbroadInThailand yes Mike…. And when I first got here, I remember I said I hated Koh Samui because of all the rubbish. I actually love Koh Samui now 😂 especially the clean and quiet parts
Great video, thanks for posting!
You're welcome. Thanks for watching!
Good to see you back on the island and doing well
Thanks man glad to be back!
Yes,it feels that it is your place for sure. You look much more relaxed there,unlike when you travel. So your feeling is right. I'm sure you will succeed to bring your family there. Just a matter of time. The monthly budget is great comparing to US. In fact you can't compare those two places. Difference from here to the moon. What is the mentality of the local people when in a relationship with a foreigner when it comes to finances? Are they contributing equally and willing to do so,or it's more like expected from the foreign person to do so? We hear so many stories and opinions about it.
My wife and I have the same mindset...would much prefer to pay for family to come to SE Asia, where they can see something somewhat exotic to them and new, rather than go back to the U.S. where everything is much more expensive and has already been done :)
Oh and the health insurance is very expensive too. For 2 plp a full coverage is around 15k baht. (40-50 ages).
You can find cheaper options
The cost of living in Thailand depends on where you stay and, in my opinion, I know some areas in Thailand where you can live off of $800/month literally that is including rent, transportation and food. Now of course these areas are not Phuket, Koh Samui, Bangkok, Pattaya, Hua Hin, Krabi outside of these areas you can save an extra $500-$1,000 a month on average.
Sure, depends on the location
Hoping to move to KS in a couple of years after my son graduates! I have heard Chris and others talk about Samui being more expensive (relatively speaking) so this was very helpful. I would like to be able to be at 1200-1500/USD month so maybe it is doable!
You can make it happen! 🙌
Hi Mike I had a chat with you when i visited the gym on the fishing beach last year, enjoying your content . Cheers
Awesome. It was nice to meet you. Thanks for the support.
Damn his cost of living went up 20% from last time. Shit is getting real. Talent will win
Talent is overrated without hard work
Talent is everything Mike. Many will soon find out as inflation continues and we slip into global recession
@@ThePiggyDancingHard work will always beat talent that doesn't work hard.
Thanks for the information! It looks like it is very challenging to find a gated house that accepts dogs. We have a 1 big dog. I've searched fb about the rental housings and they start from 35k baht. Rents are getting more expensive each month. Very scary 😅
Yeah prices are going up. Book soon.
were you successful. planning to shift there with 2 cats. I also fin it a bt diffciult to find good houses that accepts pets. and also the rents are way higher. like u said 35k is bare minimum i guess.. Are you going to stay there for long?
you are saying that in Samui on December and January is raining season, so it is no good to be there for new year + 10 days?
It's still a good time to visit if you don't mind the rain.
Samui seems awesome. Went to neighboring Ko Tao once and really miss it. It's a great life you've crafted for yourself over there.
Cheers buddy!
You would also need to take into account the new thai revenue laws (not new actually, but enforced since january 1st 2024). If you stay at least 6 months in thailand in year, regardless of where your income comes from, you will have to declare it to the revenue department and pay taxes on it.
Your home!! Thanks for the info!! I will check out your book!! Thanks for the info!! 13 days till Ko Chang
Hope you enjoy it!
Hi Mike, great video, thank you. Interesting that you can live on $1200 per month, that's great value. Does that include eating out, or do you mostly cook at home with your fiance? Is Koh Samui particularly expensive when compared to other places in Thailand, like Bangkok or Chiang Mai? Sorry to be nosey but, how do you make up in income the $1200 per month? Is it your digital nomad income plus your fiances, or do you have other sources? Thank you, best wishes, Ian (UK)
Thanks for sharing this great "Living In Koh Samui On $1200 Per Month" information
very well explained and most interetsing
LIKE 17
You're welcome. Glad you enjoyed it!
dude the green walk palm trees hedges enjoy it before the builders go nuts 25 years ago chawng was still being constructed
It's a fair point
Hi Mike, thanks for sharing this great video. What is the best way to find accommodation to rent long term? My wife and I are moving to Koh Samui and I've heard that properties on real estate websites are overinflated in price. Any advice would be greatly appreciated!
Check out Facebook Marketplace
Looking to return to Samui in November -- probably stay 3 months.
Looking to secure an affordable rental (~ 10k - 12k Bht / Month) -- ideally in the Maenam area. Looking for a place I might return to each year and use as a "home base" for other travels.
From my location (Seattle, Wa. USA) what are the best on-line resources for researching and securing this?
Thanks for your comment! I recommend checking out house rental options on Facebook Marketplace. I've made some videos going over this on my channel. Let me know if you have any questions.
Great video, I love Koh Samui, was there the first time in 1992. Exactly where do you stay on the Island? It was beautiful surroundings in the video!
Wow amazing! I was 5 years old at the time. Living in the Lamai area.
Hi mike, great video. I’m in Vietnam and considering heading to Koh Samui for a few months as of next week. Would really appreciate some more info on the unit you mentioned. Rob
Pls send me an email thailand360tours@gmail.com
Hey Mike, I'll be in Koh Samui all of August.. I'll reach out about the unit you mentioned.
Cool!
I was thinking to explore Ubud, Da Nang, Koh Samui, Chiang Mai for long term stay. What do you think about these locations compared to koh samui?
Thanks for your comment! I've now spent time living in each of these places. One thing I really liked about Da Nang was the low cost of living in a beach city. I definitely enjoyed my time there and plan to return again sometime soon. That being said, Koh Samui still ticks most of the boxes for me! Hope you enjoy your travels. Feel free to schedule a consultation call on my website if you're interested 😊
Hi Mike nice video i totally agree with you about the cost of living! what type of visa do you have to stay long term as a digital nomad?
I've had multiple different visas over the years. Currently in the process of extending my Smart Visa.
How are you dealing with the Visa situation? We left due to the costs of Visas and a Thai 'partner/sponsor' blackmailing us for more money constantly, as we had to have a registered business in order to live there. After being threatened time and time again by him and his entourage of Thai friends, we decided to walk away from a business we had invested £25k in, so how do you deal with the Visa situation? I now work online and need to keep working, even though I qualify for a retirement Visa? What are the options? Any recommendations would be appreciated as we're not loving Cambodia, even though it's a lot easier to get long term visas...
Hey Paul thanks for your comment! Sorry to hear about your unfortunate situation with the business. I just finished recording a full-length video going over all of the different visa options. It will be live on the channel soon. Stay tuned!
@@AbroadInThailand Okay great, thank you. Planning on venturing back again in August, opting to spend some time in Trat and Koh Chang rather than Koh Lanta or Ao Nang in Krabi this time. Ideally long-term, hopefully on a 1 year visa :)
@@paulkotze9852 Sounds like a good plan. The Thai visa video is live on the channel now. Give it a watch and let me know if you have any questions...
So may I ask… are you living there on a tourist visa where you have to do a border run every 60 days, or is it 90 days?
I prefer not to answer. Thanks for your comment.
Where you live do you have any issues with the smoking season in your area.
Honestly it's not really an issue although Thai people do regularly burn stuff.
Smoky season affects Northern Thailand mostly, Chiang Mai and surrounding areas where the burning happens from about February through end April. We left Chiang Mai as result - really not healthy to breathe it in.
When living on an island like koh samui, don’t you miss city size like chiang mai/da nang?
Sometimes but overall I'm accustomed to the island lifestyle now.
8 minutes by car to the beach? How many km is that? Seems very far off.
Only 3km to Lamai Beach
Like that the same you paid
I can live up to 4 months in Vietnam
Vietnam is super cheap. Well done!
4 years ago it was 1k , so 20 % up
That's right. Inflation isn't really an issue here.
What r your thoughts about the new tax law they r imposing on expats?
Not sure what to think as there's still not definitive information
Interesting video. Pity their retirement visa is just above the Australian pension.
How much do you need to earn in pension per month for the retirement visa?
@@AbroadInThailand for people aged 50 and over. Monthly income of at least THB 65,000. Have to explore some more about it as it says: or Thai bank account showing deposit amount of a minimum of THB 800,000
$1200 is a good living. Especially when you cook at home.
Most definitely!
Have you ever met Loy Machedo in Samui?
I haven't
Thailand is going to make it much harder for people like you to live there - rainy season May - November NOT November to February
I'm ready!
Have you been to bali?
Yes I visited in 2019.
And went to da nang?
Yes I was in Da Nang for 3 weeks in April.
You're brave to admit you're earning income in Thailand on a high traffic channel.
Honestly I'm not concerned about it
Liked.
Thanks 👍
Some things are very cheap
You get what you pay for
1400 dollars your life won't be exciting it's existing there .
So be it
That is too high compared living to BGC and Makati
Okay thanks for your comment
Living on instant noodles there?
@@ViewTalay instant noodles? 😂 Did you read my comment? $1200 is to high meaning That's alot of money. You can buy and eat what you want
@@mindispower777 1200 is not much on the area you mention IMO
@@ViewTalay lol just do your research.
You are very cheap then !
Eating street food and coffee at home everyday!
Samui is very expensive!
Average is 2,500 to 3,000 usd a month
Not if you're smart with money 🤑
bro what ? Maybe get more out of the mainroads, was going with my GF with scooter and we ate good food for around 2-3 dollar each