Yes, exactly, that is in fact awesome! Please do me the courtesy of examining the budget I provided below: Is this reasonable in 2024? And, if you are in Bangkok, please cruise by Matri-chit Road around sundown and get us all the current pricing, as a Public Service. (You do not have to "Dip Your Wick", unless you want to, but any girl will give you a quote.)
@@kjensen7819 German, Dutch etc. are all generally very similar in that matter. Especially older ones. Southern Germans and Austrians are much less likely to be freeloaders
For the DTV visa the costs is 10,000 baht. You don’t pay it twice a year. You pay it once and ha a validity if 5 years. If you want to extend it is 1900 baht. You can always leave the country for a quick getaway and come back and you will be stamped another 180 days.
@@AmeliaIsabella_x If you spend 180 or more days in Thailand in a calendar year, you automatically become a 'tax resident'. The only exception is with the LTR visa. The implications of tax residency affect everyone differently, so if you're planning to live in Thailand, seek advice.
Entirely depends on what you're doing there. If you're partying a lot in a tourist area then this makes sense, but 46,000 a month on entertainment is excessive especially for someone who doesn't drink. If you are just there to work, train, enjoy the weather and food etc,
yeah but that also factors in saving money for things like traveling, trips back home, christmas, birthdays, and presents for people etc, also having to replace things like phone and computer from time to time
Lived here in BKK for 3 years. For a normal and fun life as single I would suggest 100k minimum for living incl a few trips per year. Additional will be rent, that all depends what you want. I have lived on 150k with a rent of 40k monthly. That includes 2-3 trips in Asia and 2 trips back to Europe per year.
@@mcb00m The idea that a minimum of 100,000 THB per month in Bangkok equates to a normal lifestyle is misleading; this amount actually supports a rather upscale lifestyle that many in the West, including the author of the post, couldn't typically afford. When adjusted for cost of living, this income is far more luxurious than top incomes in developed countries. For instance, to match this lifestyle in Europe, I would assume need 2.5 to 3 times that amount, placing you within the top 5% of earners there. Similarly, in Los Angeles (where I live), where costs are 3.5 to 4 times higher than in Bangkok, you'd need about $260,000 annually to live similarly, again putting you in the top 5% of earners. Actually, $120k to $140k in LA, if you are single, can be considered "normal" life as long as you are cognizant that few men our age will be fortunate to earn that much.
@@alexs70893that is exactly why we decided to live in Thailand. The cost of living in Australia was getting out of control so for what we were spending for a 'survival' existence in Australia we live a comfortable lifestyle in Thailand. We are able to eat out and travel domestically in Thailand and SE Asia now when we could barely afford even a domestic trip in Australia. All in all for a similar level of expenditure our standard of living in Thailand is much higher. We are very fortunate to be able to run our business remotely which provides us the 100k baht+ per month to live here and return to Australia every 3-4 months for a short stint.😊
And your life will kinda suck. But I understand your point. You could just live on beans and rice and never go out and never talk to anyone and save even more!
Great budget video for Thailand! The two expenses that can be greatly reduced are rent and alcohol. There are rental options that are of good value under 10,000 THB/month outside of the popular main areas in BKK, so shop around. As long as your residence is near the BTS or MRT stations, your commute around BKK is quick and affordable. If you don't drink alcohol on a daily basis, then your savings will be even more! For me, a 40,000-45,000 THB/month budget is a more realistic long term budget in BKK. If you live outside of BKK, then obviously a lower monthly budget that offers a good life style is also very possible.
I agree that 40-45k per month is definitely enough to live, but what happens wen you need a new phone, laptop, want to see family at Christmas and buy gifts etc.. Or worse, if you had medical bills for being in a car accident beyond your control? Then the 40-45k isn't going to cut it.. I think when most people budget they have savings too, not accounting that spending savings from time to time is actually upping that budget.
Food : To keep your spending down, your apartment must have a small kitchen. You can cook at home. A microwave (3,500) and an air-fryer (1,200) will be a great start. You will save a lot of money eating at home, besides the savings in time, getting wet in the rain, traffic, pollution, and headaches getting the correct food. Plus, you can eat food which is not fried, have the vegetables you prefer, and have a healthier diet.
Yeah if you have good local markets nearby, unfortunately when I lived in Asok there was no good cheap markets close to where I lived.. only small ones or very overpriced ones. Now I’m in the outskirts, I get waaaay more options for shopping 😊
Id have to disagree somewhat. A lot of Thai street vendors and smaller restaurants are so cheap it's not worth buying the ingredients to cook yourself. Also grab and foodpanda are very inexpensive if you are bothered about weather
There's plenty of nice apartments around bts on nut for 20000 Baht I used to live in Switzerland with monthly costs around 5000 - 6000 USD. But Bangkok isn't that cheap anymore, it's the wrong city to save money. My intention were to have a better quality of life and not only to save money. If you really want to save money you should move to Cambodia or Laos countryside.
This is seriously helpful! My entire family is moving out to live fulltime in Bangkok late 2025/Jan 2026 and what I decided to do while watching this video was to make an Excel Spreadsheet Budget Guideline and notated each of these categories to give me a rough estimate of what to expect - thanks!
For 86,000 Thai Baht a month you could live in Australia 🇦🇺 or New Zealand 🇳🇿. The whole point of moving to Thailand 🇹🇭is to have a lower cost to live. I suppose 86,000 Baht in Thailand 🇹🇭 would give you a higher quality of lifestyle versus say 86,000 Baht living in Australia 🇦🇺with more outings / entertainment. But not many people want to go out and party every night.
That's about $2500 US dollars, which is sufficient to live in the US as well outside of major metros. I don't know if it is even worth living in Thailand for that kind of cash, especially if you are covered by medicare in the US for health insurance. Thanks.
Well at least you can have your savings money for the future to come if you live in Thailand. Where’s most American averagely has no savings at all 😂😂😂😂
@@pathkris2984 One thing to consider is exactly what he says in his video. He is living a very entertainment filled life. For years I have described Bangkok this way to Americans. Bangkok is a "newer" NYC (or Chicago) with Miami weather and Iowa prices. If you are from a low cost of living place in the US then you really wont save much if any money living in Thailand or a similar country like the Philippines. Depending on your lifestyle you may even spend more. Especially for those with low cost or free health care (or other benefits). You can get "more" in many ways in Thailand. You are not going to live the same life in Chicago as you could in Bangkok on the same budget. Of course if you just go to Walmart, eat out a bit, and drink at home or a cheap bar than likely you can do that cheaper back in the states minus rent. It really is about the life you want to live and where it makes the most sense. Depending on your life style, as he said, you can do it for $1k a month, and people even do it for less. In those cases though I question how many of them would be better off with benefits back home. Why struggle in another country? It really depends on what you want. I just wish more people would stop promoting the idea that these countries are "cheap". Sure if you are from Los Angeles it seems amazingly cheap. However if you live in semi-rural Iowa you may well be shocked at how expensive certain things are. Thailand is affordable. So are many other places in the world including places back in everyone's home countries.
@@AaronDoud Nicely said. Also if someone is 65 or close to 70, why bother with all the entertainment and fun, where you need to focus on health or other issues - and only need to spend on the essentials for living.
Load of OFWs (Filipino expats) have budgets like that as well. To put it into foreigner context. Though certain things will cost more for foreigners (visas, insurance, and etc). Your 10k life is likely a 15-20k life for a foreigner.
It's "western" expat for in a major metropolis budget. With lots of entertainment/going out. Which is fair and probably appropriate for the audience of his videos - but not representative of the average population.
Thanks for the realistic budget options. I’m a very new retiree to Thailand and was planning on living if 60 k bht month. After one month living in Pattaya by budget has gone up to 75-80k bht month. Your plan is spot on As soon as you go out drinking with Thai girls all your budget goes out the window, and all Thai girls want you to spend money.
Probably this is one of the BEST Budget Video I seeing for a long time. Very Accurate! Informative and very professional. Well done yourself Mate. Your RUclips channel is getting better and better. By the way ADAM your Studio Room looks absolutely Stunning 🤩.
'Gym, pool, co-working space'. Most people end up not using these much in the long run. Just get a unit that you like and don't put much value in the extras. The extras are ALWAYS underutilized so that should tell you most people don't find them important.
I am not looking to moving to Thailand anytime soon, only visiting, but have watched a few of these types of videos. Yours is a great breakdown of all the costs and how they vary. Well done!
Good video. Quick tip bro. Every time you mention thai baht, you should display how much that is in american $. That way we don't have to be constantly checking the exchange rate throughout the video.
Good job, FINALLY a realistic video on this topic. You absolutely nailed it. Also if you eat out often with your girlfriend and live in a nice neighborhood you can increase the budget quite a lot. I always hate the cheap charlies that think they are so cool by living in poverty on a $1000, or the Tiktok / IG people promoting Thailand to the world as "living like a baller on $1000 per month" Meanwhile that lifestyle consists of living in poverty in a 200sqft/20sqm shoebox with a few nice amenities.
I live elsewhere in Asia, not Thailand (yet!!), but i think the best way for Thailand is keep the THB budget as small as possible and have dollar denominated investments overseas set up already. Only remit into Thailand what you need to live there if you areliving there >183 days / year and triggering tax residency and the need to file a local tax return. There are other ways to stucture this if your living costs in Thailand are higher than a few thousand usd/month
I don't think the DTV visa fee is counted that way, it's a 5-year visa with 180 days stay for each entrance. It could be extended once after the first 180 days stay for ฿1900, so if you don't do a visa-run every 180 days, you only have to spend ฿1900 per year plus the one-time application fee of ฿10000 in 5 years. Please correct me if I was wrong.
So far, I have been living in Thailand for two years and my monthly expenses add up to an average of US $3,240. With this budget, in Bangkok, life is all but luxurious: it's very average. My main cost is rent (28,000 THB/month or $830 for a 915 sq ft apartment in a low number Soi of Sukhumvit, Bangkok), followed by restaurants and home delivery ($430 a mix of Thai and farang). Then groceries ($370, I like to cook) for me and for my GF, who lives with me 3-4 days per week. For partying I spend an average $270 per month. One night with friends each week in average, and, only occasionally, with my GF (she is not too much into partying, but she likes jazz music). Some weekends at the seaside and one holiday in Cambodia, $250 in average per month. And $250 the average spent to purchase gifts (birthday, etc.) for my GF. Transport (BTS. MRT, taxis) and other little expenses while on the move (water, iced tea or coffee, an ice cream, etc.) $230 per month. I spent an average of $160 on home supplies (I bought kitchen and cooking ware, bed linen, vacuum cleaner, etc.), but that's the average for the two years. Most of the expenses were sustained in the first couple of months. I had some health issues (minor, caused by the weather) and no insurance. I spent an average of $150 per month on health (which is really a lot, because in my home country I seldom saw any doctor). Finally, $120 for utilities (True fiber, AIS 5G mobile, Netflix, electric power and water), and $60 in average for the retirement VISA and the driving licenses (motorbike and car; I don't own a car, but my GF does). I also attended classes of Thai language for some months, spending an average of $120 per month in the two years (8,000 THB the monthly fee). The monthly expenses went from a minimum of $2,540 to a maximum of $5,250 (the latter included Christmas presents and a trip to Cambodia). This budget does not include the cost of flying back to my home country and the expenses sustained there (two weeks in 2023, one month in 2024). I would probably spend the same amount of money to live in my home country while keeping a similar lifestyle (mainly because I wouldn't pay the rent there). But I love Thailand.
This is the first reality or mid budget video I watch in RUclips about living in Thaoland . All the video I watched before was about living in a very low budget. Thank you & good job Keis 👍🙏
A slight correctio on the DTV Visa. It's a multiple 5-year entry Visa. Max stay is 6 months before you have to make a border run or fly in. But it is the cheapest out of all the options. Also, most countries can now stay up to 60 days WITHOUT any Visa now!
Good one Adam 👍 gives good Idea to plan. Keep the $ amount on the on side ofvthe scree throughout the video and keep adding all the way till end of video...just a small tip ...
I've been an expat for over a decade and always visit Thailand. We were in Pattaya the baht bus asked us 200 baht each to fo from walking street area to the Wombat and Kiwi bar in Jomtien so my wife and I just got a grab and saved getting ripped off.
@@keisone Yes, If you flag them down on their regular route. Sounds like they got one which was waiting at Walking St and asked him to go to a specific place. Then they will ask 200.
I can live in Australia for $4000 per month comfortably, not in a city but a decent size town and still eat out a few times a week etc. Nowhere can escape the global expenses hike at this rate. Well maybe Vietnam but it's not a great expat location IMO.
Great video mate. Do one every year! I am just waiting to commit, I think my budget is a little bit higher than what you propose. But I really like your breakdown of expenses I don't normally think about like visas and insurance.
I like your video. Budget on rent, utilities, and food are on point. When it came to entertainment, your budget is insane. Anyone who spends 50k thb each month on entertainment is crazy or has too much money. Anyone on a budget should not spend more than 8000 thb per month.
This is one of the THE THE BEST most informative Vieos to date... I have seen many on Thailand but this is like CORE information that's Key for survival there.. GREAT JOB.. And I'm Lucky ina way, I don't club, drink or smoke or get High, Im more into swimming and fitness so I know I will at least have a Gyn membership and a scooter, maybe just a Bike or probably walk...
I decided to live here years ago. Now retired. Retirement visa. Purchased a few condos- Truck and motorcycles. Clean and sober 34 years. 2006 became addicted to muay thai. Every other day.. 4000 bt per month. Since I don't have all the Expense of rent etc. 12 years ago I started a charity in Buriram. I drive up once per month with supplies.. bicycles clothes Food etc. Gives me something to do that's positive. Taught myself to read and write, so I can help with kids studies. It's a wonderful life and I look forward to every day. I don't spend that much money..
Thanks for this budget breakdown. I was a bit worried I would be living a typical US middle class lifestyle in Bangkok because I'm making nearly $9K USD near-passive income a month. I'm 45 and still have energy for outdoor adventuring and thought Thailand may be a great place to live for a while. I guess I'll be living a really comfortable life even in an expensive area, by Thailand standards, like Bangkok.
peace keis✌planning to make the jump in about 12 months time~ starting to sell all my shyt and trying to reduce everything i own into like 3 duffel bags- what about a video on what you brought on your move? what you wish you wouldve brought/ shouldve left behind? etc etc
When I crave non-Asian food, I'm still happy to substitute some local ingredients. I like beef, but I also like pork. Pork burgers can be so delicious, but half the price of beef and I still get my Western food hit.
Thank you for making this video. I'll definitely watch it again soon. I am disabled, getting close to retirement, recently divorced, and tired of freezing my ass off in the winter. This will help me with planning for the future. I have not made the final decision to move to Thailand but I think I'm ready for a visit soon (maybe in February). One of my main concerns will be the attitude towards me as a disabled person. I know most of the population is Buddhist so believes I must have been a terrible person in a previous life. I know the culture in India uses that as an excuse to treat disabled peopple like shit. How is it in Thailand? PS - Thanks again for the video. I've watched many of your videos and will certainly watch some more.
Good realistic budget for someone wanting to live a good lifestyle in Bangkok. I budget around 60k baht/month but my condo is 13k/month outside of the tourist areas (but still right next to blue MRT line). I don't really track my budget at all, just have a rough idea of it in my head, I try to spend max 1k/baht/day on food/transport but I know my budget gets completely blown out with the occasional large purchases like buying a new laptop/phone stuff like that, hard to budget for a new 50k laptop, 30k phone lol.
If you plan on riding a bike, you need to get a Thai driving license. I made it 17 years without it, but after covid, it changed. Police needed money and stopped people all the time. I had to park my bike until I got the license. It has relaxed a bit, but I recommend getting it.
Where in Bangkok you can buy Monster Energy ? I never saw it in Thailand, only in the Philippines. In case of the 1000€ oder $. I think if you are older you need an better health insurance and than you cant live for 1000$ anymore. For me as an German SafetyWing looks expensive, I think this it is because its an global insurance including US / CAN. But these 2 countries are incredible expensive. There are a few insurance that are cheaper if you want an insurance exclude US/CAN. For example HanseMerkur, younger than 65 = 2,30€ per day, 65 or older = 5,90€ per day. BUT if you want to go to US/CAN you have to pay
In the US, you have credit. What are the requirements there to get a lease. For example if you're rent is 300 mthly. How much are you paying to move in?
Good summation. Too many of these types of videos focus on "CAN you live on $1000 a month" instead of HOW would you live on $1000. You CAN live on any budget..... but would you really want to? You can get a Thai style room for $4k a month, only eat Thai food, never go out, only drink alcohol from 7/11 and spend nothing on entertainment and you can "live" here for $500 a month. But that sure ain't living!
Totally depends on whether you are tied to Bangkok. In smaller cities, a lovely new condo unit that'd probably cost 20k+ in Bangkok rents for 8k. That US$400 difference is a huge part of a budget. Away from Bangkok, you can live like a king for $1000 a month. In Bangkok, not so much.
I recently public my Italian video about coast of living in thailand. And I finish with a budget of 1.100 euro. For have a decent life, of course everyone know you can spend 10.000 euro a month in thailand you can do it too.😂
Thanks so much for the video, as someone looking to move to thailand in the near future whether that be for a year or two or more longterm. This was great and really informative of what I could expect and gives me a nice blueprint on what to aim for each month. Appreciate the hard work on this one Adam. Cheers.
It’s all relative mate! I live like crap in the US on 1100 a month from the VA. There I could live so much better and not starve. Lol love the channel. The recent one on living in Thailand on minimum wage was epic. Would love to see that style more.
Ok I watched to the end. I spend less than that in the US. And I live in Orlando Florida. It's looking less and less it would be adorable to move to Thailand 😮
@@HaroldJackson The average rent for just a one bedroom in Orlando is a little over $1,500 a month. And medical insurance in the States is expensive unless maybe you're on Medicare or something. I assume you don't have a car and insurance. And you must never eat out or go places if you're spending less than $2,500 a month in Orlando. Unless you have like 10 roommates!
@@5-minuteBreakthroughs Rent in some places in FL or TX (or other states) for one bed/studio apt is around 1200. A decent apartment to live. Add util, it will be about 1500 a month. You can do food for 200 a week if you cook. About 2500 to 3000 is sufficient to live a simple life style, especially if you avoid, car/insurance etc. Only thing is medical and as you said, if you are 65 or over, medicare will take care of your medical expenses. So yes it is doable :)
I spend quite a bit a month, but I pay a premium for convenience. In Pattaya: Condo rent is $700 a month, on Airbnb in great location Food is $600 a month, but I use a food delivery service for a bodybuilding meal plan Gym is $100 a month, really high end equipment and AC which is uncommon Getting around town maybe $200 a month, I use bolt and bus exclusively I also use a mens health clinic which is several hundred a month as well depending on if I do infusions or something. In total I probably spend $2500 a month, but it's still way cheaper than the states. The taxes I save each year alone living in Thailand pay for virtually everything.
Great informative vlog mate. Certainly shows those thinking about living there a good baseline on costs. Thanks for taking the time to break it down for us. 👍
Thanks for this video it has helped me start planning to budget my time out in thailand next year and help me realized I can possibly stay there 6months in a row next year with the border runs... Currently I'm looking at budgeting 1500$ USD a month for my expenses out there while saving roughly another 300$ a month possible with my current pay at work being 1800$ a month. My first time in Thailand was earlier this year staying near Central Rama 9, but now I'm looking at possibly a small condo near BTS On Nut and budget around 20,000thb for housing with utilities. Being someone that doesn't party and drink much maybe twice a month I think it may doable! :D
Hi Adam, please fasten your seat belt.....next year the electricity will go up to more than 5 baht/unit nation-wide. In fact the MEA people wanted to increase the electricity from the third trimester of this year but the government had to personally asked them to halt the increase temporarily, and that's the best they can do for now.
5 Baht is nothing. That are 13 EU-Cent. If you live in German you pay 40 Cent. But our government was so smart and shut down all nuclear power plants so we are now buying expensive nuclear power from France so we can be "green" :) If I stay in Pattaya I use arround 700 KwH per Month, in Germany I use 1800 Units per YEAR :) AirCon needs so much power but power is so cheap in Thailand, who cares.
13,000B a month as you pointed out gives a much better quality of life ,I budget 65,000,to 70,000B and live very well .no rent as I bought condo in Jomtien
Can you buy and renew your Safety Wing insurance indefinitely? I was under the impression it was only for trips under three months. But if you're doing to be abroad more than three months, you get international health insurance. Thoughts? Thanks.
@@keisone Thanks! I'm finding that international health insurance at my age is over twice as expensive as the prices I see quoted by SW. It's something to look into.
If you move to Thailand because the of cost of living and you want to live on a budget, make sure you have a budget of less than 50k thb per month for everything. I know single people in Thailand that live on less than 40k thb per month and they live comfortable.
In my opinion....and only mine.... budgeting in Asia depending on the country. It is realistic for me to plan for $2,500 to $3,500 per month all in. Anything less that $1,000 and you will live a meager lifestyle, unless of course that is what you want. Each person knows how they want to live and can spend accordingly.
A realistic budget depends on what type of lifestyle you lead, do you have a guaranteed income or a pension, I have to budget round my pensions, for me you can’t put a definitive figure on it, we all lead different lifestyles.
No mention at all actually have a girlfriend even if just someone you want to take out once in a while my budget is about 90,000 a month but I probably spent 15,000 with her dinners, movies, etc.
I was thinking a condo which it seems to me has all the bills thrown in? perhaps i'm wrong about the bills, but it seems like $600 or so gets me a condo in pattaya with a pool and gym and bills thrown in?
800,000 THB in Thai bank and proof of 65,000 THB monthly income (that 65K is somewhat of a bummer if you are pulling investments instead of pension/SS (in my case, I will likely want to delay for FTA) as you'll need to show 12 months of bank statements equaling that amount which delays your retirement plans)
Great video. Can you do a buget on the expensive side. 30 days visa, leaving in villas with pool or penthouse with rooftop pool, getting massages every day, going out every day, and going home every day with at least 1 new girl.
I live very close to Laos so I just drive to the border and since my truck is paid off I can drive to Laos for my visa run so it just cost fuel. Then I can fly pretty cheap to Laos as well.
I cook 4 meals per day at home and eat 1 out. I do fitness so it works. 2 x eggs and rice and cashewnuts 2 x oatmeal and whey 1 meal out My monthly total budget is 80k baht or more if a need it to be (100k a month)
Thank you for split, I have a question. How much would cost to rent a car with insurance for 2-3 months? Id like to travel around, small roads, off roads, camping in tent, if that exist, visit rural areas. Some 4x4 truck. Thank you.
Rent is a big cost like anywhere in the world. personally if i was retired and was going to stay i would just find somewhere i like to live and just buy a condo. i expect that most people that are serious about retiring there would be pretty financially secure by that age. ok its different if you don't intend staying long term but that's pretty much the same anywhere in the world again because you would be renting. good thing with Thailand is the transport is pretty cheap to get around compared to the UK or Europe. but all in all a good video with plenty of info.
I mean if a thai can easily live on a 30k thb budget so can you. *If you move to the outskirts of Sukhumvit the rent will go down to 15-1900thb for a single room *Market food is clean an extremely affordable *Rent a bike ❌ buy one it'll cost you you 2.5-3500 a month thats around 100thb a day *Avoid tourists trap areas because most things are double the price *Befriend the locals and party with them they'll show you a different corner (rca) of Thailand A couple of advices i can give as a half thai
My wife is Thai and I have to spend alot more than she does here just because we have to pay insurance and visa expenses. Most my budget goes on our kids education though, the public schools around us weren't very good so their private school costs me quite alot. It's very different living here as a foreigner to a local. If we don't have insurance we can end up with huge hospital expenses if anything happens, even using a public hospital.
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I'm german and I lived off 1.2k euro per month perfectly fine with gym and everything..
Awesome!!
Yes, exactly, that is in fact awesome! Please do me the courtesy of examining the budget I provided below: Is this reasonable in 2024? And, if you are in Bangkok, please cruise by Matri-chit Road around sundown and get us all the current pricing, as a Public Service. (You do not have to "Dip Your Wick", unless you want to, but any girl will give you a quote.)
Yes the Germans and the Dutch are also not exactly known for being the first at the Bar counter 🙂. But that does help your budget of course.
@@kjensen7819 German, Dutch etc. are all generally very similar in that matter. Especially older ones. Southern Germans and Austrians are much less likely to be freeloaders
same even lower some months
For the DTV visa the costs is 10,000 baht. You don’t pay it twice a year. You pay it once and ha a validity if 5 years. If you want to extend it is 1900 baht. You can always leave the country for a quick getaway and come back and you will be stamped another 180 days.
Exactly. You can re-enter and get 180 days for free or you could extend at the immigration for 1900.
how do the tax liabilities work in these cases, I've heard 180 days + means I become taxable. Which I don't want ofc lol
@@AmeliaIsabella_x If you spend 180 or more days in Thailand in a calendar year, you automatically become a 'tax resident'. The only exception is with the LTR visa.
The implications of tax residency affect everyone differently, so if you're planning to live in Thailand, seek advice.
Entirely depends on what you're doing there. If you're partying a lot in a tourist area then this makes sense, but 46,000 a month on entertainment is excessive especially for someone who doesn't drink. If you are just there to work, train, enjoy the weather and food etc,
yeah but that also factors in saving money for things like traveling, trips back home, christmas, birthdays, and presents for people etc, also having to replace things like phone and computer from time to time
exactly
Lived here in BKK for 3 years. For a normal and fun life as single I would suggest 100k minimum for living incl a few trips per year. Additional will be rent, that all depends what you want. I have lived on 150k with a rent of 40k monthly. That includes 2-3 trips in Asia and 2 trips back to Europe per year.
This is spot on
@@mcb00m The idea that a minimum of 100,000 THB per month in Bangkok equates to a normal lifestyle is misleading; this amount actually supports a rather upscale lifestyle that many in the West, including the author of the post, couldn't typically afford. When adjusted for cost of living, this income is far more luxurious than top incomes in developed countries. For instance, to match this lifestyle in Europe, I would assume need 2.5 to 3 times that amount, placing you within the top 5% of earners there. Similarly, in Los Angeles (where I live), where costs are 3.5 to 4 times higher than in Bangkok, you'd need about $260,000 annually to live similarly, again putting you in the top 5% of earners. Actually, $120k to $140k in LA, if you are single, can be considered "normal" life as long as you are cognizant that few men our age will be fortunate to earn that much.
@@alexs70893that is exactly why we decided to live in Thailand. The cost of living in Australia was getting out of control so for what we were spending for a 'survival' existence in Australia we live a comfortable lifestyle in Thailand. We are able to eat out and travel domestically in Thailand and SE Asia now when we could barely afford even a domestic trip in Australia. All in all for a similar level of expenditure our standard of living in Thailand is much higher. We are very fortunate to be able to run our business remotely which provides us the 100k baht+ per month to live here and return to Australia every 3-4 months for a short stint.😊
Staying away from alcohol and women will help your budget tremendously. :)
They always seem to leave that out. They say it but never stress it.
alcohol is nasty as fuck and the " women"..... lets just say im good on that lmao
then whats the point? can live in Idaho somewhere for same money and be potato, eat potatoes.
And your life will kinda suck. But I understand your point. You could just live on beans and rice and never go out and never talk to anyone and save even more!
Agree on alcohol...complete waste of money. Thai money are relaxing.
Great budget video for Thailand! The two expenses that can be greatly reduced are rent and alcohol. There are rental options that are of good value under 10,000 THB/month outside of the popular main areas in BKK, so shop around. As long as your residence is near the BTS or MRT stations, your commute around BKK is quick and affordable. If you don't drink alcohol on a daily basis, then your savings will be even more! For me, a 40,000-45,000 THB/month budget is a more realistic long term budget in BKK. If you live outside of BKK, then obviously a lower monthly budget that offers a good life style is also very possible.
I agree that 40-45k per month is definitely enough to live, but what happens wen you need a new phone, laptop, want to see family at Christmas and buy gifts etc..
Or worse, if you had medical bills for being in a car accident beyond your control? Then the 40-45k isn't going to cut it.. I think when most people budget they have savings too, not accounting that spending savings from time to time is actually upping that budget.
Food : To keep your spending down, your apartment must have a small kitchen. You can cook at home. A microwave (3,500) and an air-fryer (1,200) will be a great start. You will save a lot of money eating at home, besides the savings in time, getting wet in the rain, traffic, pollution, and headaches getting the correct food. Plus, you can eat food which is not fried, have the vegetables you prefer, and have a healthier diet.
Solid advice!
Yeah if you have good local markets nearby, unfortunately when I lived in Asok there was no good cheap markets close to where I lived.. only small ones or very overpriced ones.
Now I’m in the outskirts, I get waaaay more options for shopping 😊
@@keisone Nutricious meals await.
Id have to disagree somewhat. A lot of Thai street vendors and smaller restaurants are so cheap it's not worth buying the ingredients to cook yourself. Also grab and foodpanda are very inexpensive if you are bothered about weather
Microwave cooking😅
I have lived in Bangkok for 2 years. 2500 US Dollar per month was my budget. Perfect for a nice apartment, some nightlife and a good health insurance.
can u give an example of a nice apartment?
I live on way less than that in Australia! Most people who are looking to move to Asia are looking to reduce their living costs, not increase them.
There's plenty of nice apartments around bts on nut for 20000 Baht
I used to live in Switzerland with monthly costs around 5000 - 6000 USD. But Bangkok isn't that cheap anymore, it's the wrong city to save money. My intention were to have a better quality of life and not only to save money. If you really want to save money you should move to Cambodia or Laos countryside.
@@CaptainKremmen But where? In a city? Because you could also go to the countryside but nobody wants to do that I guess
@@multa7053 I'm in the eastern suburbs of Melbourne. 25 min train ride from town. Living in the city would cost twice as much.
This is seriously helpful! My entire family is moving out to live fulltime in Bangkok late 2025/Jan 2026 and what I decided to do while watching this video was to make an Excel Spreadsheet Budget Guideline and notated each of these categories to give me a rough estimate of what to expect - thanks!
For 86,000 Thai Baht a month you could live in Australia 🇦🇺 or New Zealand 🇳🇿. The whole point of moving to Thailand 🇹🇭is to have a lower cost to live. I suppose 86,000 Baht in Thailand 🇹🇭 would give you a higher quality of lifestyle versus say 86,000 Baht living in Australia 🇦🇺with more outings / entertainment. But not many people want to go out and party every night.
มาเที่ยวอย่างเดียวพอแล้ว ถ้าจะมีวิธีคิดแค่ว่ามาอยู่เพื่อราคาถูก ทุกสิ่งอย่างเราก็มีต้นทุนของเราไม่ต่างคุณ จะอยู่อย่างในแบบราชาที่ต้องการในราคาถูก มันคงเป็นวิธีคิดที่ผิดแต่แรกแล้ว
That's about $2500 US dollars, which is sufficient to live in the US as well outside of major metros. I don't know if it is even worth living in Thailand for that kind of cash, especially if you are covered by medicare in the US for health insurance. Thanks.
Well at least you can have your savings money for the future to come if you live in Thailand. Where’s most American averagely has no savings at all 😂😂😂😂
@@pathkris2984 One thing to consider is exactly what he says in his video. He is living a very entertainment filled life. For years I have described Bangkok this way to Americans.
Bangkok is a "newer" NYC (or Chicago) with Miami weather and Iowa prices.
If you are from a low cost of living place in the US then you really wont save much if any money living in Thailand or a similar country like the Philippines. Depending on your lifestyle you may even spend more. Especially for those with low cost or free health care (or other benefits).
You can get "more" in many ways in Thailand. You are not going to live the same life in Chicago as you could in Bangkok on the same budget. Of course if you just go to Walmart, eat out a bit, and drink at home or a cheap bar than likely you can do that cheaper back in the states minus rent. It really is about the life you want to live and where it makes the most sense.
Depending on your life style, as he said, you can do it for $1k a month, and people even do it for less. In those cases though I question how many of them would be better off with benefits back home. Why struggle in another country?
It really depends on what you want. I just wish more people would stop promoting the idea that these countries are "cheap". Sure if you are from Los Angeles it seems amazingly cheap. However if you live in semi-rural Iowa you may well be shocked at how expensive certain things are.
Thailand is affordable. So are many other places in the world including places back in everyone's home countries.
@@AaronDoud Nicely said. Also if someone is 65 or close to 70, why bother with all the entertainment and fun, where you need to focus on health or other issues - and only need to spend on the essentials for living.
Keis flexing on his electric budget by leaving Super Mario on 24/7 lol
🤣🤣🤣🤣🤣
One of your best videos with super honest comments. I can personally relate to Thailand as a life changing experience
I am Thais and I spend money 10,000 bath Per month.
You should teach others how to do that and charge 10k for it
Load of OFWs (Filipino expats) have budgets like that as well. To put it into foreigner context. Though certain things will cost more for foreigners (visas, insurance, and etc). Your 10k life is likely a 15-20k life for a foreigner.
It's "western" expat for in a major metropolis budget. With lots of entertainment/going out. Which is fair and probably appropriate for the audience of his videos - but not representative of the average population.
Thanks for the realistic budget options. I’m a very new retiree to Thailand and was planning on living if 60 k bht month.
After one month living in Pattaya by budget has gone up to 75-80k bht month. Your plan is spot on
As soon as you go out drinking with Thai girls all your budget goes out the window, and all Thai girls want you to spend money.
If you want to have any kind of fun with girls living in BKK, minimum 100k per month.
You guys can search for a place to live cheaper and better in Nonthaburi. You can find 4,500 baht per month. You can travel to Bangkok city easily.
Probably this is one of the BEST Budget Video I seeing for a long time. Very Accurate! Informative and very professional. Well done yourself Mate. Your RUclips channel is getting better and better. By the way ADAM your Studio Room looks absolutely Stunning 🤩.
'Gym, pool, co-working space'. Most people end up not using these much in the long run. Just get a unit that you like and don't put much value in the extras. The extras are ALWAYS underutilized so that should tell you most people don't find them important.
your budget is very realistic and accurate! 👍
I live in Bangkok from 3 years ago in On Nut! And I spend monthly total around 2000 euros !
I am not looking to moving to Thailand anytime soon, only visiting, but have watched a few of these types of videos. Yours is a great breakdown of all the costs and how they vary. Well done!
Good video. Quick tip bro. Every time you mention thai baht, you should display how much that is in american $. That way we don't have to be constantly checking the exchange rate throughout the video.
Good job, FINALLY a realistic video on this topic. You absolutely nailed it. Also if you eat out often with your girlfriend and live in a nice neighborhood you can increase the budget quite a lot.
I always hate the cheap charlies that think they are so cool by living in poverty on a $1000, or the Tiktok / IG people promoting Thailand to the world as "living like a baller on $1000 per month" Meanwhile that lifestyle consists of living in poverty in a 200sqft/20sqm shoebox with a few nice amenities.
I live elsewhere in Asia, not Thailand (yet!!), but i think the best way for Thailand is keep the THB budget as small as possible and have dollar denominated investments overseas set up already. Only remit into Thailand what you need to live there if you areliving there >183 days / year and triggering tax residency and the need to file a local tax return. There are other ways to stucture this if your living costs in Thailand are higher than a few thousand usd/month
I don't think the DTV visa fee is counted that way, it's a 5-year visa with 180 days stay for each entrance. It could be extended once after the first 180 days stay for ฿1900, so if you don't do a visa-run every 180 days, you only have to spend ฿1900 per year plus the one-time application fee of ฿10000 in 5 years. Please correct me if I was wrong.
So far, I have been living in Thailand for two years and my monthly expenses add up to an average of US $3,240. With this budget, in Bangkok, life is all but luxurious: it's very average.
My main cost is rent (28,000 THB/month or $830 for a 915 sq ft apartment in a low number Soi of Sukhumvit, Bangkok), followed by restaurants and home delivery ($430 a mix of Thai and farang). Then groceries ($370, I like to cook) for me and for my GF, who lives with me 3-4 days per week.
For partying I spend an average $270 per month. One night with friends each week in average, and, only occasionally, with my GF (she is not too much into partying, but she likes jazz music).
Some weekends at the seaside and one holiday in Cambodia, $250 in average per month. And $250 the average spent to purchase gifts (birthday, etc.) for my GF.
Transport (BTS. MRT, taxis) and other little expenses while on the move (water, iced tea or coffee, an ice cream, etc.) $230 per month.
I spent an average of $160 on home supplies (I bought kitchen and cooking ware, bed linen, vacuum cleaner, etc.), but that's the average for the two years. Most of the expenses were sustained in the first couple of months.
I had some health issues (minor, caused by the weather) and no insurance. I spent an average of $150 per month on health (which is really a lot, because in my home country I seldom saw any doctor).
Finally, $120 for utilities (True fiber, AIS 5G mobile, Netflix, electric power and water), and $60 in average for the retirement VISA and the driving licenses (motorbike and car; I don't own a car, but my GF does).
I also attended classes of Thai language for some months, spending an average of $120 per month in the two years (8,000 THB the monthly fee).
The monthly expenses went from a minimum of $2,540 to a maximum of $5,250 (the latter included Christmas presents and a trip to Cambodia).
This budget does not include the cost of flying back to my home country and the expenses sustained there (two weeks in 2023, one month in 2024).
I would probably spend the same amount of money to live in my home country while keeping a similar lifestyle (mainly because I wouldn't pay the rent there). But I love Thailand.
Ridicules 🙄
Farangs are recommended minimum 2000 US per month or 70.000 Thb now .Yes
This is the first reality or mid budget video I watch in RUclips about living in Thaoland . All the video I watched before was about living in a very low budget. Thank you & good job Keis 👍🙏
A slight correctio on the DTV Visa. It's a multiple 5-year entry Visa. Max stay is 6 months before you have to make a border run or fly in. But it is the cheapest out of all the options. Also, most countries can now stay up to 60 days WITHOUT any Visa now!
Up to 60 days + a 30 day extension at the immigration. But he said that.
Great video mate, quite realistic imo. Also factor in gym into subscription costs too, gyms can get quite costly too 😅
Good one Adam 👍 gives good Idea to plan.
Keep the $ amount on the on side ofvthe scree throughout the video and keep adding all the way till end of video...just a small tip ...
I've been an expat for over a decade and always visit Thailand. We were in Pattaya the baht bus asked us 200 baht each to fo from walking street area to the Wombat and Kiwi bar in Jomtien so my wife and I just got a grab and saved getting ripped off.
Yeah the tip is don’t ask them.. just flat 10 baht no matter how far you go 😊
@@keisone Yes, If you flag them down on their regular route. Sounds like they got one which was waiting at Walking St and asked him to go to a specific place. Then they will ask 200.
Ripoff .should be 20 baht 2 people
Tell him he's dreamin
If you ask they want a lot.
If you just on like you know what your doing it’s 10 baht
Thanks mate this was helpful I was worried about the visa situation but the DTV is definitely what I will apply for. Awesome video
I can live in Australia for $4000 per month comfortably, not in a city but a decent size town and still eat out a few times a week etc. Nowhere can escape the global expenses hike at this rate. Well maybe Vietnam but it's not a great expat location IMO.
USD or AUD?
@@multa7053 AUD
Great video mate. Do one every year!
I am just waiting to commit, I think my budget is a little bit higher than what you propose. But I really like your breakdown of expenses I don't normally think about like visas and insurance.
Great all round info , Thanks
I like your video. Budget on rent, utilities, and food are on point. When it came to entertainment, your budget is insane. Anyone who spends 50k thb each month on entertainment is crazy or has too much money. Anyone on a budget should not spend more than 8000 thb per month.
Nailed it. This is The BLUEPRINT
Are you back in Pattaya?
This is one of the THE THE BEST most informative Vieos to date... I have seen many on Thailand but this is like CORE information that's Key for survival there.. GREAT JOB.. And I'm Lucky ina way, I don't club, drink or smoke or get High, Im more into swimming and fitness so I know I will at least have a Gyn membership and a scooter, maybe just a Bike or probably walk...
I decided to live here years ago. Now retired.
Retirement visa. Purchased a few condos- Truck and motorcycles.
Clean and sober 34 years. 2006 became addicted to muay thai.
Every other day.. 4000 bt per month. Since I don't have all the
Expense of rent etc. 12 years ago I started a charity in Buriram.
I drive up once per month with supplies.. bicycles clothes
Food etc. Gives me something to do that's positive. Taught
myself to read and write, so I can help with kids studies.
It's a wonderful life and I look forward to every day. I don't
spend that much money..
Thanks for the video! Enjoyed it as usual; very informative.
Can't wait to start my Thailand adventure soon!
Good informative video. Well organized. Mario World playing on the SNES is a great backdrop.
Thanks mate! Yeah studio is getting there nicely 😊
Thanks for this budget breakdown. I was a bit worried I would be living a typical US middle class lifestyle in Bangkok because I'm making nearly $9K USD near-passive income a month. I'm 45 and still have energy for outdoor adventuring and thought Thailand may be a great place to live for a while. I guess I'll be living a really comfortable life even in an expensive area, by Thailand standards, like Bangkok.
that is more than enough haha
keis one never disappoint with the videos!! awesome videos brother love what you do man..... great work
Thanks man!
peace keis✌planning to make the jump in about 12 months time~ starting to sell all my shyt and trying to reduce everything i own into like 3 duffel bags- what about a video on what you brought on your move? what you wish you wouldve brought/ shouldve left behind? etc etc
Cool. How do you plan to support yourself financially? If I had a remote gig, I'd probably check it out for 6 months as a trial.
@@I_Need_Travel-mw3st retired years ago. bought a few grand worth of bitcoins back in '08 when they were pennies on the dollar
When I crave non-Asian food, I'm still happy to substitute some local ingredients. I like beef, but I also like pork. Pork burgers can be so delicious, but half the price of beef and I still get my Western food hit.
Thank you for making this video. I'll definitely watch it again soon. I am disabled, getting close to retirement, recently divorced, and tired of freezing my ass off in the winter. This will help me with planning for the future. I have not made the final decision to move to Thailand but I think I'm ready for a visit soon (maybe in February). One of my main concerns will be the attitude towards me as a disabled person. I know most of the population is Buddhist so believes I must have been a terrible person in a previous life. I know the culture in India uses that as an excuse to treat disabled peopple like shit. How is it in Thailand?
PS - Thanks again for the video. I've watched many of your videos and will certainly watch some more.
Good realistic budget for someone wanting to live a good lifestyle in Bangkok. I budget around 60k baht/month but my condo is 13k/month outside of the tourist areas (but still right next to blue MRT line). I don't really track my budget at all, just have a rough idea of it in my head, I try to spend max 1k/baht/day on food/transport but I know my budget gets completely blown out with the occasional large purchases like buying a new laptop/phone stuff like that, hard to budget for a new 50k laptop, 30k phone lol.
Can you share the blue MRT line station? Thanks.
@@pathkris2984 Honestly, any of the blue MRT stations on the left hand side over the river you will find nice condos around that price or cheaper.
If you plan on riding a bike, you need to get a Thai driving license. I made it 17 years without it, but after covid, it changed. Police needed money and stopped people all the time. I had to park my bike until I got the license. It has relaxed a bit, but I recommend getting it.
Great breakdown Adam. And you're right, when you budget about a 20K baht for rent, you'll have lots of options in Bangkok for apartments.
is easy -- me and wife only use total 30.000 bath and is for all Condo and food and transport -- --
Where in Bangkok you can buy Monster Energy ? I never saw it in Thailand, only in the Philippines.
In case of the 1000€ oder $. I think if you are older you need an better health insurance and than you cant live for 1000$ anymore.
For me as an German SafetyWing looks expensive, I think this it is because its an global insurance including US / CAN. But these 2 countries are incredible expensive.
There are a few insurance that are cheaper if you want an insurance exclude US/CAN.
For example HanseMerkur, younger than 65 = 2,30€ per day, 65 or older = 5,90€ per day. BUT if you want to go to US/CAN you have to pay
Do you recommend Pattaya being the cheaper area to live instead of Phuket or Bangkok Chang Mai etc.
In the US, you have credit. What are the requirements there to get a lease. For example if you're rent is 300 mthly. How much are you paying to move in?
No requirements
Good summation.
Too many of these types of videos focus on "CAN you live on $1000 a month" instead of HOW would you live on $1000.
You CAN live on any budget..... but would you really want to?
You can get a Thai style room for $4k a month, only eat Thai food, never go out, only drink alcohol from 7/11 and spend nothing on entertainment and you can "live" here for $500 a month.
But that sure ain't living!
Totally depends on whether you are tied to Bangkok. In smaller cities, a lovely new condo unit that'd probably cost 20k+ in Bangkok rents for 8k. That US$400 difference is a huge part of a budget. Away from Bangkok, you can live like a king for $1000 a month. In Bangkok, not so much.
I recently public my Italian video about coast of living in thailand. And I finish with a budget of 1.100 euro. For have a decent life, of course everyone know you can spend 10.000 euro a month in thailand you can do it too.😂
I'll let you know when i'm there next year. I can live on £1000 in uk fine no problem and thailand is way cheaper than UK.
If you don’t have huge nights out, it’s a breeze!
How much is your rent in the UK?
@PaddyDoesasia-bj3bb mortgage £240. So a lot cheaper than lots of folks on rent in uk. Rental market is sky High
@Zerinth
True, but just a bit of advice, you can live on £1000 a month in Thailand, but it's not as easy as people think.
Do you have a mortgage on a shoe box?
The best tour guide out there. Thank you hommie ;)
Thanks man!
Thanks so much for the video, as someone looking to move to thailand in the near future whether that be for a year or two or more longterm. This was great and really informative of what I could expect and gives me a nice blueprint on what to aim for each month. Appreciate the hard work on this one Adam. Cheers.
Awesome mate, good luck with the move!!
It’s all relative mate! I live like crap in the US on 1100 a month from the VA. There I could live so much better and not starve. Lol love the channel. The recent one on living in Thailand on minimum wage was epic. Would love to see that style more.
Ok I watched to the end. I spend less than that in the US. And I live in Orlando Florida. It's looking less and less it would be adorable to move to Thailand 😮
Well that’s gonna vary person to person, if you are more frugal, you can live very cheaply here..
The difference is the quality of life you get for the same amount of money.
How much is your rent/mortgage?
@@HaroldJackson The average rent for just a one bedroom in Orlando is a little over $1,500 a month. And medical insurance in the States is expensive unless maybe you're on Medicare or something. I assume you don't have a car and insurance. And you must never eat out or go places if you're spending less than $2,500 a month in Orlando. Unless you have like 10 roommates!
@@5-minuteBreakthroughs Rent in some places in FL or TX (or other states) for one bed/studio apt is around 1200. A decent apartment to live. Add util, it will be about 1500 a month. You can do food for 200 a week if you cook. About 2500 to 3000 is sufficient to live a simple life style, especially if you avoid, car/insurance etc. Only thing is medical and as you said, if you are 65 or over, medicare will take care of your medical expenses. So yes it is doable :)
I spend quite a bit a month, but I pay a premium for convenience.
In Pattaya:
Condo rent is $700 a month, on Airbnb in great location
Food is $600 a month, but I use a food delivery service for a bodybuilding meal plan
Gym is $100 a month, really high end equipment and AC which is uncommon
Getting around town maybe $200 a month, I use bolt and bus exclusively
I also use a mens health clinic which is several hundred a month as well depending on if I do infusions or something.
In total I probably spend $2500 a month, but it's still way cheaper than the states. The taxes I save each year alone living in Thailand pay for virtually everything.
Yeah 2500 a month is basically one of the budgets so it shows you can live a luxurious lifestyle on that, cheers for the breakdown!!
Great informative vlog mate. Certainly shows those thinking about living there a good baseline on costs. Thanks for taking the time to break it down for us. 👍
Thanks matey!
I had to re-adjust my budget upwards after watching. Very realistic budget, thanks. For some of us we have to add monthly medicine costs as well.
Yeah things always come up too, like needing a new phone or computer every few years and those aren’t cheap too!
Thank you for a very informative and realistic look at pricing for living in Thailand
Fascinating. Useful vlog Adam. Thanks
Thanks for this video it has helped me start planning to budget my time out in thailand next year and help me realized I can possibly stay there 6months in a row next year with the border runs... Currently I'm looking at budgeting 1500$ USD a month for my expenses out there while saving roughly another 300$ a month possible with my current pay at work being 1800$ a month. My first time in Thailand was earlier this year staying near Central Rama 9, but now I'm looking at possibly a small condo near BTS On Nut and budget around 20,000thb for housing with utilities. Being someone that doesn't party and drink much maybe twice a month I think it may doable! :D
I think once your established , It's a lot cheaper. Mind you I am married to a Thai national and I rarely drink so my expenses are lower than most.
Drink Lao beer
That's one of the most expensive beers in thailand
or grow weed
Right on the money about a realistic budget. Great job and thanks for sharing.
Good to see you got the W
Many people leaving. The new Dorado is Vietnam or the Philippines 😢 Thailand become more expensive. Most people need round about 2K$ - 3k$
I'm not a drinker of Partier, So the 73,000 Budget would even be an over kill for me.
I'm more about nature experiences more than the party scene
jfc .. 145$ per month for insurance .. no wonder people keep their insurance from their home country.
cause that price is like daylight robbery.
Thank you for the information very informative. Will be traveling there soon useful.
Hi Adam, please fasten your seat belt.....next year the electricity will go up to more than 5 baht/unit nation-wide. In fact the MEA people wanted to increase the electricity from the third trimester of this year but the government had to personally asked them to halt the increase temporarily, and that's the best they can do for now.
5 is not too bad, if you had a 3000 baht bill currently that would become 3750.. it will definitely be tough for some people though
5 Baht is nothing. That are 13 EU-Cent. If you live in German you pay 40 Cent. But our government was so smart and shut down all nuclear power plants so we are now buying expensive nuclear power from France so we can be "green" :)
If I stay in Pattaya I use arround 700 KwH per Month, in Germany I use 1800 Units per YEAR :)
AirCon needs so much power but power is so cheap in Thailand, who cares.
13,000B a month as you pointed out gives a much better quality of life ,I budget 65,000,to 70,000B and live very well .no rent as I bought condo in Jomtien
Hi Keis. Interesting blog. I have retirement income equal to 117.000 baht per month .
I presume I could live quite comfortably on that?
Can you buy and renew your Safety Wing insurance indefinitely? I was under the impression it was only for trips under three months. But if you're doing to be abroad more than three months, you get international health insurance. Thoughts? Thanks.
Yeah you can use it indefinitely, it bills you each month and if you need u can toggle it on and off ar any stage, use my link if you use it 😉
@@keisone Thanks! I'm finding that international health insurance at my age is over twice as expensive as the prices I see quoted by SW. It's something to look into.
Great video with links and information to sites
About how much would you pay for a 1 bedroom apartment in Phuket town?
If you move to Thailand because the of cost of living and you want to live on a budget, make sure you have a budget of less than 50k thb per month for everything. I know single people in Thailand that live on less than 40k thb per month and they live comfortable.
In my opinion....and only mine.... budgeting in Asia depending on the country. It is realistic for me to plan for $2,500 to $3,500 per month all in. Anything less that $1,000 and you will live a meager lifestyle, unless of course that is what you want. Each person knows how they want to live and can spend accordingly.
A realistic budget depends on what type of lifestyle you lead, do you have a guaranteed income or a pension, I have to budget round my pensions, for me you can’t put a definitive figure on it, we all lead different lifestyles.
Yes
No mention at all actually have a girlfriend even if just someone you want to take out once in a while my budget is about 90,000 a month but I probably spent 15,000 with her dinners, movies, etc.
I was thinking a condo which it seems to me has all the bills thrown in?
perhaps i'm wrong about the bills, but it seems like $600 or so gets me a condo in pattaya with a pool and gym and bills thrown in?
Do you apply for safety wing before you leave Australia or once your in Thailand
Retirement visa needs a security deposit or a monthly income or pension or a combination of both. Right? Or may be new info for us?
800,000 THB in Thai bank and proof of 65,000 THB monthly income (that 65K is somewhat of a bummer if you are pulling investments instead of pension/SS (in my case, I will likely want to delay for FTA) as you'll need to show 12 months of bank statements equaling that amount which delays your retirement plans)
Excellent! A follow up on rent options, neighbourhoods you like?
Thanks Adam. Great, realistic video and budgeting.
Thanks mate!!
Are you able to buy a monthly unlimited pass for either the BTS or MRT?
You forgot to add on the price of hair dye otherwise spot on as usual my fine feathered friend
Thanks for the real estate recommendation sites, that really helped.
Great video, only a few months left in the rat race until I pull the plug. 80k a month seems like a good spot.
Great video. Can you do a buget on the expensive side. 30 days visa, leaving in villas with pool or penthouse with rooftop pool, getting massages every day, going out every day, and going home every day with at least 1 new girl.
$9,000
I live very close to Laos so I just drive to the border and since my truck is paid off I can drive to Laos for my visa run so it just cost fuel. Then I can fly pretty cheap to Laos as well.
I cook 4 meals per day at home and eat 1 out. I do fitness so it works.
2 x eggs and rice and cashewnuts
2 x oatmeal and whey
1 meal out
My monthly total budget is 80k baht or more if a need it to be (100k a month)
Great video Keis 👍👍
Cheers matey!
Thank you for split, I have a question. How much would cost to rent a car with insurance for 2-3 months? Id like to travel around, small roads, off roads, camping in tent, if that exist, visit rural areas. Some 4x4 truck. Thank you.
86,000 baht a month, ridiculous amount- I believe you can live reasonably comfortably for half of that
Rent is a big cost like anywhere in the world. personally if i was retired and was going to stay i would just find somewhere i like to live and just buy a condo. i expect that most people that are serious about retiring there would be pretty financially secure by that age. ok its different if you don't intend staying long term but that's pretty much the same anywhere in the world again because you would be renting. good thing with Thailand is the transport is pretty cheap to get around compared to the UK or Europe. but all in all a good video with plenty of info.
Can you share a website to buy first hand motorbikes? Like in chiang mai.
I mean if a thai can easily live on a 30k thb budget so can you.
*If you move to the outskirts of Sukhumvit the rent will go down to 15-1900thb for a single room
*Market food is clean an extremely affordable
*Rent a bike ❌ buy one it'll cost you you 2.5-3500 a month thats around 100thb a day
*Avoid tourists trap areas because most things are double the price
*Befriend the locals and party with them they'll show you a different corner (rca) of Thailand
A couple of advices i can give as a half thai
My wife is Thai and I have to spend alot more than she does here just because we have to pay insurance and visa expenses. Most my budget goes on our kids education though, the public schools around us weren't very good so their private school costs me quite alot. It's very different living here as a foreigner to a local. If we don't have insurance we can end up with huge hospital expenses if anything happens, even using a public hospital.