What your guest forgot to mention is that your deposit of 800,000 baht ($24,000 US) MUST be put into a newly-opened Thai bank account. If you don’t have that much money, the only other option is to show a monthly income of $1,875 US dollars coming into a Thai bank account for the past 12 months. He also forget to say that ALL foreigners MUST report into Immigration every 90 days for as long as you stay-your contact information, your current visa status and your landlord’s contact info. Kind of like an ex-con reporting in to his parole officer regularly. It sucks!
For me, eating out is less of an option since I am hyper focused on ingredients used in what I eat AND a lack of diligence in food safety practices by the Thai community.
A couple of comments, with regards to Thai Bank safety. I suggest never depositing more than 1 million Thai baht into a single bank as this is their insurance limit on deposits. If you need more funds here, open a second account in another bank and electronically transfer between them as needed. Other western countries typically have a higher insurance limit and not all banks from western countries are the same. Just look at 2008 for reference.
If you want to live like a Thai full time then Thailand is cheap. Anything a bit western including a good cup of coffee (from a proper coffee machine) is expensive even by European standards. If you're craving for good cheese, deli products,steak, or other European basics and you are on budget then think twice before moving to Thailand. Also $30 for a round of golf is not that cheap. And I live in New Zealand where life is really expensive.
You are right, many of what we see as Western comforts are not cheap overseas as many of these products are imported, or you would buy them in a restaurant that has many of the comforts of a western country so they charge more for these comforts.
Love to know where my comment went !! I posted yesterday not impressed. This is such a misrepresentation the upfront $22k for one thing, monthly income for some, and then all the bureaucratic nonsense if quarterly check ins. Cambodia and Albania are far better options. Frankly, I’d rather do the 90 day Vietnam visa run than the Thailand option.
We value respectful discussion on this channel and encourage differing opinions or corrections if information is outdated or inaccurate. However, comments that are demeaning, derogatory, or unkind toward our guests, hosts, or others will be removed. Our guests are not paid and volunteer their time and knowledge to help those considering a move abroad, and we strive to highlight the good in every destination. Let’s keep the conversation constructive and kind. Thank you for understanding!
If someone from the US has a very low income from small Social Security benefits they qualify for assistance in the US. There are zero safety nets for foriegners in SE Asia. To suggest that someone can live in Thailand for less than $600 a month is a bit misleading. You could survive but it won't be much of a life. In my experience it takes about $2,000 per month to live a comfortable western lifestyle anywhere in SE Asia.
The idea should be to get away from the unsustainable western lifestyle, and learn how "luxurious" other lifestyles can be. If you want a western lifestyle, stay in a western country ... otherwise all that a person does is create problems where they live.
@KC-in9px ---- in your "experience" - but many others (US expats) report having quite a ''comfortable" lifestyle & "not wanting for anything" - on $800 (USD) SS for essentials - from places like Siem Reap Cambodia - and - Lipa City Philippines - for example ? Certainly some 'adjusting' to local life is likely for those people - but not considered monumental sacrifices ! --?-- My personal $1500 SS qualifies me for $20/mo. in food stamps (!) = some "safety net" - huh ?!? 🤗 Biden's America -- SUCKS -- MORE HOMELESS than there has ever been !!!
If it is solar energy supplied, Thailand has plenty of sunshine. If it is electricity, Thailand is 220 V and 50 Hertz. So, don't bother to lug that AC across the world since you will have to get a transformer or not perfectly working.
What your guest forgot to mention is that your deposit of 800,000 baht ($24,000 US) MUST be put into a newly-opened Thai bank account. If you don’t have that much money, the only other option is to show a monthly income of $1,875 US dollars coming into a Thai bank account for the past 12 months. He also forget to say that ALL foreigners MUST report into Immigration every 90 days for as long as you stay-your contact information, your current visa status and your landlord’s contact info. Kind of like an ex-con reporting in to his parole officer regularly. It sucks!
I said the same thing great minds
Ah, interesting, thanks. Are there Immigration offices all over the place or?
@@7lesley9 One per city.
Thank you for this additional information! Very helpful!!
$1,875 per month at the current exchange rate, 65,000 thai baht.
Glad you've featured Thailand and Chiang Mai specifically. More episodes like this please 👍🏽
Eating out is nice but cooking at home helps u control for healthier food. No msg, heavy salt, seed oils, gluten, etc.
Thanks so much for having us on your channel! All the best from Chiang Mai!
@@perfecthomeschiangmai thank you Simon and Perfect Homes!!
I’ve watched many vlogs on this topic. This was one of the better given the variety of options and approach to rent vs buy.
Very good interview…thank you
Very great info. Thanks
Always asking the right questions Thank you
Thanks for the info, just retired planning for next year
Bro what an absolute amazing video, you asked every question that I had, thank you very much for
For me, eating out is less of an option since I am hyper focused on ingredients used in what I eat AND a lack of diligence in food safety practices by the Thai community.
A couple of comments, with regards to Thai Bank safety. I suggest never depositing more than 1 million Thai baht into a single bank as this is their insurance limit on deposits. If you need more funds here, open a second account in another bank and electronically transfer between them as needed. Other western countries typically have a higher insurance limit and not all banks from western countries are the same. Just look at 2008 for reference.
Great information. Thank you!
If you want to live like a Thai full time then Thailand is cheap. Anything a bit western including a good cup of coffee (from a proper coffee machine) is expensive even by European standards. If you're craving for good cheese, deli products,steak, or other European basics and you are on budget then think twice before moving to Thailand. Also $30 for a round of golf is not that cheap. And I live in New Zealand where life is really expensive.
You are right, many of what we see as Western comforts are not cheap overseas as many of these products are imported, or you would buy them in a restaurant that has many of the comforts of a western country so they charge more for these comforts.
@@arturgrabczewski3816 great points. Thank you for sharing this.
@@arturgrabczewski3816 artur, are you from New Zealand and used to live in Thailand?
Love to know where my comment went !! I posted yesterday not impressed. This is such a misrepresentation the upfront $22k for one thing, monthly income for some, and then all the bureaucratic nonsense if quarterly check ins. Cambodia and Albania are far better options. Frankly, I’d rather do the 90 day Vietnam visa run than the Thailand option.
We value respectful discussion on this channel and encourage differing opinions or corrections if information is outdated or inaccurate. However, comments that are demeaning, derogatory, or unkind toward our guests, hosts, or others will be removed. Our guests are not paid and volunteer their time and knowledge to help those considering a move abroad, and we strive to highlight the good in every destination. Let’s keep the conversation constructive and kind. Thank you for understanding!
Seems unreasonable. Minimun of $1000 to have a decent lifestyle. You don't want to live in squalor with the locals.
@@rvajna i prefer living with the locals! Lots of fun!
If someone from the US has a very low income from small Social Security benefits they qualify for assistance in the US. There are zero safety nets for foriegners in SE Asia. To suggest that someone can live in Thailand for less than $600 a month is a bit misleading. You could survive but it won't be much of a life. In my experience it takes about $2,000 per month to live a comfortable western lifestyle anywhere in SE Asia.
What does it cost to live a comfortable lifestyle in the US? AND Define “comfortable” on Chiang Mai and US.
If moving overseas to somewhere like Asia are you going to be looking for a western lifestyle?
The idea should be to get away from the unsustainable western lifestyle, and learn how "luxurious" other lifestyles can be. If you want a western lifestyle, stay in a western country ... otherwise all that a person does is create problems where they live.
@KC-in9px ---- in your "experience" - but many others (US expats) report having quite a ''comfortable" lifestyle & "not wanting for anything" - on $800 (USD) SS for essentials - from places like Siem Reap Cambodia - and - Lipa City Philippines - for example ? Certainly some 'adjusting' to local life is likely for those people - but not considered monumental sacrifices ! --?-- My personal $1500 SS qualifies me for $20/mo. in food stamps (!) = some "safety net" - huh ?!? 🤗 Biden's America -- SUCKS -- MORE HOMELESS than there has ever been !!!
there is some kinda portable efficiency AC that people that would use to reduced power sharg. Is it work there?
If it is solar energy supplied, Thailand has plenty of sunshine. If it is electricity, Thailand is 220 V and 50 Hertz. So, don't bother to lug that AC across the world since you will have to get a transformer or not perfectly working.
I did not think Thailand had a "retirement" visa which has fair rules !
just use visa agent no money in bank easy peesy
What is their fee for the $23,000 on your behalf ? per month ? I thought I heard one expat say $60 USD / mo. > ???
LOL 😅😂
Very great info. Thank you.