Thanks Ged for the great tips . Being an adventurous type . It would be very difficult to choose one location over another when the whole country needs exploring, at least for the foreseeable future. I believe the visa demands a fixed address and that might be challenging to either be on the road all the time or living off a boat. With all the islands to explore a live on boat is quite desirable.
Hi Ged , hope you're well mate 😊looks lovely as always in Hua Hin 🇹🇭 great to see you're still living the dream 👏👍great advice for anyone that's making the move 👌keep up the good work & keep having a few jars🍺🍺👍 ..
Hi Ged nice retirement video for Thailand. I do agree that the UK government are terrible over the frozen UK pension in Thailand. I do believe that the Philippines is beter for UK citizens for retirement.
Hi mate. I'm glad that you enjoyed the video and hope that it was useful to you. The Philippines and Malaysia are the only two countries in southeast Asia where the pensions are not frozen. I have no idea why they can pick some countries and not others as it's very discriminatory. If you look on the map in the video even in Australia the pension is frozen. Cheers Ged
@@thailandmyland...retiringd2351 www.gov.uk/government/publications/reciprocal-agreements/reciprocal-agreements Hi Thanks for the reply but I think the philippines is the only country in south east Asia on the above list.
Hi Ged. I enjoy your videos and like the information. You talk about having three pensions to live on, are they more combined than the Australian pension. I plan to move there in about two years when I retire. I see a lot of videos where they talk about how much you need and it is often more than the Australian pension. I will only have the pension to live on there and a little savings as I went broke a few years ago so I hope it’s enough. But the alternative is trying to to live here in Australia on the pension which would be much worse. Do you think the Australian pension is enough.
Hi, Mark thanks for your input. I have an Australian pension and a UK pension from when I lived in the UK. I also have a small Merchant Navy pension. I try to live my life on my pensions and not dig into my savings or investments on a month-to-month basis. I live well and most months I don't spend all of my pension income and I try to save some for when I want to do a trip around Thailand, go back to visit my family in Australia or if I need a big ticket item. Most months I live on around 50,000 baht which is about AU$2,000. Of course that is just basic living expenses, rent, food, electric and water utilities, petrol, entertainment and going out, and mobile phone charges. It would all depend on your outlook on life and what you like to do in your spare time. If you live frugally not cheaply you can live on your Australian pension. But that would not include medical insurance, upkeep of a car, travelling for holidays around Thailand or returning to Australia occasionally. I would suggest that you try to come to Thailand and spend a few months here before making the big move to check everything out price-wise and try to live on what your pension income will be to see if your pension alone will be enough to live on. Your money will obviously stretch much further here than it will in Australia as the cost of living has skyrocketed there over the years. I am starting a magazine on retiring in Thailand that may help you. The first issue will be published on the 1st of August. Here's a link to a video about it. Good luck with your eventual move. Cheers Ged ruclips.net/video/nceHGMbjyZs/видео.html
Hi Roy. Thanks for the info. You're right I checked with Bangkok Bank online. I already had a Bangkok Bank, bank account in Thailand so when I transferred funds from my USA bank account there was no problem with me doing that from the USA branch. I didn't realise that you can't open the account from within the USA. On the plus side when you get your retirement Visa here you can then open up a Bangkok Bank account in Thailand and be able to transfer money from within the USA through their Bangkok Bank branch in New York. Cheers Ged
@@thailandmyland...retiringd2351 Cheers Ged! thank you for that information.. just to clarify, once I'm in Thailand and have opened my account, it is cheaper to transfer from Chase to the BB NY branch which I will then have access to from Thailand... Correct?
@@royroy7814 Yes that's right Roy. I opened a Bangkok bank account when I first arrived in Thailand. I have a USA bank account from when I lived there and I transferred funds from that account to the Bangkok bank account in New York and the fees were minimal as the funds weren't being transferred overseas but from my bank to a New York based bank. Here's the contact details should you want to contact them for confirmation. I hope this helps Cheers Ged 29 Broadway, 19th Floor, New York NY 1000 Phone...+1 212-422-8200 Email...arthlyn.geo@bangkokbank.com
I rather make friends with Thais instead of other farang,Ged,and my Thai wife obviously have a lot of Thai cousins,family and friends 😊😊 I have seen and interacted with enough“farang” in my 67 year life 😅😅😅😅
Hi Per-Olaf. I'm the same I love mixing with my girlfriend's family who live in Chia Nat. I see many farang sitting in bars and coffee shops talking about the old country and I always think if they liked it that much why did they leave. Cheers Ged
@@thailandmyland...retiringd2351 hi Ged,well I’m not a big fan of bars, don’t mind a good beer,but not to much though,and as a guy from Sweden I do like some aquavit to some good sill,( pickled fish) simple explanation for that dish,but the same thing,not to much,cheers.
Thanks Ged for the great tips . Being an adventurous type . It would be very difficult to choose one location over another when the whole country needs exploring, at least for the foreseeable future. I believe the visa demands a fixed address and that might be challenging to either be on the road all the time or living off a boat. With all the islands to explore a live on boat is quite desirable.
Thanks again for the quality program. Well done
Thanks mate I'm glad that you enjoyed it hopefully it will be useful to people who are thinking of moving here
Cheers
Ged
Great information and tips Ged, cheers mate. 👌
No problem Graham I'm glad that it was useful to you.
Cheers
Ged
Hi Ged , hope you're well mate 😊looks lovely as always in Hua Hin 🇹🇭 great to see you're still living the dream 👏👍great advice for anyone that's making the move 👌keep up the good work & keep having a few jars🍺🍺👍 ..
Hi Shaun. I'm fine thanks mate I'm still living the dream. I hope you are ok. I'll have a beer tonight for you at Ban Khun Por.
Cheers
Ged
Hi Ged nice retirement video for Thailand.
I do agree that the UK government are terrible over the frozen UK pension in Thailand.
I do believe that the Philippines is beter for UK citizens for retirement.
Hi mate. I'm glad that you enjoyed the video and hope that it was useful to you. The Philippines and Malaysia are the only two countries in southeast Asia where the pensions are not frozen. I have no idea why they can pick some countries and not others as it's very discriminatory. If you look on the map in the video even in Australia the pension is frozen.
Cheers
Ged
@@thailandmyland...retiringd2351 www.gov.uk/government/publications/reciprocal-agreements/reciprocal-agreements
Hi Thanks for the reply but I think the philippines is the only country in south east Asia on the above list.
Hi Ged. I enjoy your videos and like the information. You talk about having three pensions to live on, are they more combined than the Australian pension. I plan to move there in about two years when I retire. I see a lot of videos where they talk about how much you need and it is often more than the Australian pension. I will only have the pension to live on there and a little savings as I went broke a few years ago so I hope it’s enough. But the alternative is trying to to live here in Australia on the pension which would be much worse. Do you think the Australian pension is enough.
Hi, Mark thanks for your input. I have an Australian pension and a UK pension from when I lived in the UK. I also have a small Merchant Navy pension. I try to live my life on my pensions and not dig into my savings or investments on a month-to-month basis. I live well and most months I don't spend all of my pension income and I try to save some for when I want to do a trip around Thailand, go back to visit my family in Australia or if I need a big ticket item. Most months I live on around 50,000 baht which is about AU$2,000. Of course that is just basic living expenses, rent, food, electric and water utilities, petrol, entertainment and going out, and mobile phone charges. It would all depend on your outlook on life and what you like to do in your spare time. If you live frugally not cheaply you can live on your Australian pension. But that would not include medical insurance, upkeep of a car, travelling for holidays around Thailand or returning to Australia occasionally. I would suggest that you try to come to Thailand and spend a few months here before making the big move to check everything out price-wise and try to live on what your pension income will be to see if your pension alone will be enough to live on. Your money will obviously stretch much further here than it will in Australia as the cost of living has skyrocketed there over the years.
I am starting a magazine on retiring in Thailand that may help you. The first issue will be published on the 1st of August. Here's a link to a video about it. Good luck with your eventual move.
Cheers
Ged
ruclips.net/video/nceHGMbjyZs/видео.html
I will not move to our house in Hua Hin,and “mingle” with other Europeans,whatever country they come from😊😊😊😊
Can not open account in BB new york. Must have existing account in thailand.
Hi Roy. Thanks for the info. You're right I checked with Bangkok Bank online. I already had a Bangkok Bank, bank account in Thailand so when I transferred funds from my USA bank account there was no problem with me doing that from the USA branch. I didn't realise that you can't open the account from within the USA.
On the plus side when you get your retirement Visa here you can then open up a Bangkok Bank account in Thailand and be able to transfer money from within the USA through their Bangkok Bank branch in New York.
Cheers
Ged
@@thailandmyland...retiringd2351 Cheers Ged! thank you for that information.. just to clarify, once I'm in Thailand and have opened my account, it is cheaper to transfer from Chase to the BB NY branch which I will then have access to from Thailand... Correct?
@@royroy7814 Yes that's right Roy. I opened a Bangkok bank account when I first arrived in Thailand. I have a USA bank account from when I lived there and I transferred funds from that account to the Bangkok bank account in New York and the fees were minimal as the funds weren't being transferred overseas but from my bank to a New York based bank. Here's the contact details should you want to contact them for confirmation. I hope this helps
Cheers
Ged
29 Broadway, 19th Floor, New York NY 1000
Phone...+1 212-422-8200
Email...arthlyn.geo@bangkokbank.com
I rather make friends with Thais instead of other farang,Ged,and my Thai wife obviously have a lot of Thai cousins,family and friends 😊😊 I have seen and interacted with enough“farang” in my 67 year life 😅😅😅😅
Hi Per-Olaf. I'm the same I love mixing with my girlfriend's family who live in Chia Nat. I see many farang sitting in bars and coffee shops talking about the old country and I always think if they liked it that much why did they leave.
Cheers
Ged
@@thailandmyland...retiringd2351 hi Ged,well I’m not a big fan of bars, don’t mind a good beer,but not to much though,and as a guy from Sweden I do like some aquavit to some good sill,( pickled fish) simple explanation for that dish,but the same thing,not to much,cheers.