Disagree that this is going to drive prices up. Numbers of DTVs is minuscule compared to tourism arrivals. People may pay stupid rents but there is still so much empty property in Bangkok, it takes a whole lot more to get some sort of supply constraint. And those people tend to flock to a handful of places anyway. Very easy to avoid by not renting there. More money spend equals economic activity equals more jobs.
Thailand is heading down the same route as Hong Kong & Singapore. They will price themselves out of the market. I’m hearing more and more stories of expats whom have recently moved to Laos and Cambodia.
Bro the reality of the matter is majority of people can only go to Thailand for vacation. They won’t want to work local Thai jobs because they pay is terrible compared to being in the west. Companies are currently trying to destroy work from home culture & even if they don’t majority of companies don’t allow their employees to live/work on the other side of the planet. I’ve been trying to find remote work from anywhere and it’s tough. So, majority of people logistically just will not be able to figure it out. Out of the few who can majority aren’t interested in moving out there due to having to leave family behind. Yeah it’s a great content niche but that’s all it is. Tourism numbers are increasing but the number of people getting the DTV is still low. I think the concern is overblown honestly.
I’ve lived here 27 years. Bangkok has significantly changed and got more expensive. It’s a norm of life as Buddha says everything is subject to constant change.
I got my travel authorisation a few hours before they shut them off in Dec 2021. Was a great time to visit. I booked hotels for a few days at a time and every booking was cheaper than the last as there were fewer and fewer tourists.
I love my DTV visa! lol. Did my 90 day report via mail a couple of weeks ago, and am looking forward to going somewhere outside Thailand for a holiday in Feb when my 180 days are up. Regarding bkk: its another Asian dirty city and most people there are there to make a living. For me I have the luxury of living anywhere and I choose to live up country, and its still cheap, and anything I need I can buy online and it turns up in a couple of days. Lots of Thais don't make alot of money so Thailand will remain cheap relative to the West, so just avoid the tourist areas.
I agree, these reels show so expensive rooms, i cannot afford! The DTV visa is bringing so many people here, and prices over christmas nye are crazy, even hotels. Phuket you cannot travel anymore basically.
Thank you for this. Our whole family is moving to Thailand and agrees with you. We enjoy your channel and has inspired us to create a channel to document our journey from the US to Bamgkok.
The Real Estate people look at the same chat sites as we do, so being commission based, they will charge for what they can get, plus AirBNB people will charge people what they can get away with. It doesn't take a genius to work that one out. Someone sharing their 'Bargain Price' , just raises the bar for everyone else, because the Landlord thinks that they went in 'Too Cheap'
Yep I moved here in 1998 the city has changed so much…somethings for the better sone for the worse. But as Buddha said everything is subject to change.
I pay 900 AUD for a 3 bedroom condo a month in KL. For sure Thailand prices have gone up. Its like they tried to make up for lost income during covid. Now they know people will pay the prices that are way higher, but it's still cheap but its not what it was.
Thailand is for sure getting more expensive, its relative to England early 2000s which is still loads cheaper than England now . Its more the price of accommodation than anything , food etc is still relatively good priced .
The appeal of Thailand in the 80s & 90s was that it was so cheap. Now that it's more expensive than Spain or Greece, if you're a European, you have some much better options locally.
@@1878EFC The comparison doesn't track. Thai meals here 50 baht. Macdonalds is western food so obviously it will be much more expensive because it's "exotic" for lack of a better word.
I had the misfortune of being in Lower Sukhumvit last week with my wife who is Thai. WTF happened? During Covid it was was not the best place but it was OK. My wife tried to get a Thai 4 taxis simply refuse to take her because she was Thai. The taxis were looking for tourists. We ended up paying 300 baht for a 80 baht fare on the metro to Onnut, straight down Sukhumvit Road. My wife that the local social media is awash with similar stories. Apparently, the locals are getting pretty pissed off with the foreigners and their ability to 'dual price'. Having lived in Thailand for nearly 20 years, I think the absolutely best time to have lived in Thailand was during Covid.
"Apparently, the locals are getting pretty pissed off with the foreigners" .... so the locals are upset about foreigners, because taxis are ripping foreigners off in Sukhumvit?? .... ow, Thailand ... such a fascinating place.
less people coming because of their crazy prices Thailand is yesterday's news there is cheaper and nicer places to go and be only newbies think it so good because they don't know any Better
Nope, the prices can't increase because there are so many condos available, most buildings are only partly occupied, so agents can try scam you but if they see you know the market they will come up with a reasonable offer. I remind you that you can decline any offer you get and place a counteroffer, from a t-shirt in the market to condo, it is Thailand.
You always put on a good show and at decent intervals. It's much appreciated. Also, thanks for taking the drifter under your wing. He needs help. Having said that, he's doing much better, so I won't unsubscribe just yet 😅
I dunno man. There's still vastly more Thais than foreigners here (at least living here for longer than a vacation). Lower Sukhumvit has always been a foreigner ghetto and I wouldn't expect that to change anytime soon. Still, I agree it is sort of weird to think about how bad the gentrification is getting. As long as stuff like the inability for foreigners to own foreign-only businesses, the inability for foreigners to own land etc. is still there, Thailand will be mostly still Thai.
Yeah for sure, but it should be, we should be the minority.. I see locals getting priced out of their neighbourhoods in Bali for years and just think it could easily happen here
Yes prices will go up. Not good for foreigners currently living there. But good for Thai people. Creates jobs for Thai people only and brings in foreign money. Actually quite a clever visa to help Thai people
The visa will not be what raise the prices up cuz Thailand economic structure cant afford to do so , also that would mean they would have to raise the minimum wages so that the thai can afford it , right now they need as much foreign money as they can get to balence off the economy cuz they want to eliminate having low season and to be able to say , they have a good enough of moneies being spent locally and so on year round .
The price of new condos in Pattaya has exploded. I saw a building under construction, two or three years ago. The way it was built is similar to other condominiums, that is to say with very thin walls between neighbors. It is now a so-called hyper-luxurious building. But I saw inside, it's very bling bling and Ikea quality. 200 square meters costs 69 million bahts!!!! 2 million dollars!!!! The building was 98% sold. Mostly Chinese. This is crazy...
@@keisone An agent friend in Pattaya told me that enquiries from non-Thais have tanked. This is due to two tax concerns. Firstly, remittances to Thailand from 1 January 2024 may be subject to personal income tax for people who spend over 180 days in the country. Secondly, the Revenue Department is discussing the taxation of worldwide income. Currently, Thailand has a 'territorial tax system. This is only a 'proposal', but if it becomes law, there could well be an exodus.
I was there in 1995 and wow were things cheap then. In Phuket a few weeks ago and paid $65 for a steak! Heading to Pattaya in 4 weeks to live and work on the DTV if application is successful 🤞
Totally agree@@keisone and appreciate your vlog information in this. I am actually eligible for the 50+ retirement visas but as I will be working part time for a little while I figure the DVT is a great option for the next 5 years!
@@richiereid100 Non O retirement is a far better option. More expensive, but less volatile at this time. The DTV is still just a glorified tourist visa. (I’m from Australia, but married here, got two daughters and have lived here for 20 years now).
Hi@@davidcavanaghcoaching thanks for your feedback. Good advice is hard to find. Can you recommend a good visa agent to assist with this? Thanks again!
LOL I pay $100 for a 45sqM apartment in BKK. I also rent 2 places in Trat for $100 each as well. $300 for 3 places!!! Yeah these youtubers are getting dunced on, while also making it more expensive for everyone else.
RUclipsrs are not the sharpest tools in the shed. Rent a dog box in Thronglor, the Japanese expat area where Japanese Honda, Toyota etc engineers and their families, European and US bankers live on their US $500,000 salary packages and the HiSo Thai elite. 😂
The DTV maybe valid for 5 years, but you can only stay 180 days ???? Do you need to keep leaving the country & apply to re-enter. Keep in mind the new Tax issue…..more than 180 days and you’re liable for Tax on your foreign income .
@@keisone that is just no true. That is only what people hope. still no statement from immigration about. If you speak with some lawyer here, than you will get a very different point of view than the ''youtube consultant's'' about this topic. It a marketing stunt so far. lets see after the busy season is over.
Social media has fuuked thailand up
Disagree that this is going to drive prices up. Numbers of DTVs is minuscule compared to tourism arrivals. People may pay stupid rents but there is still so much empty property in Bangkok, it takes a whole lot more to get some sort of supply constraint. And those people tend to flock to a handful of places anyway. Very easy to avoid by not renting there. More money spend equals economic activity equals more jobs.
Thailand is heading down the same route as Hong Kong & Singapore. They will price themselves out of the market. I’m hearing more and more stories of expats whom have recently moved to Laos and Cambodia.
Bro the reality of the matter is majority of people can only go to Thailand for vacation. They won’t want to work local Thai jobs because they pay is terrible compared to being in the west. Companies are currently trying to destroy work from home culture & even if they don’t majority of companies don’t allow their employees to live/work on the other side of the planet. I’ve been trying to find remote work from anywhere and it’s tough. So, majority of people logistically just will not be able to figure it out.
Out of the few who can majority aren’t interested in moving out there due to having to leave family behind. Yeah it’s a great content niche but that’s all it is.
Tourism numbers are increasing but the number of people getting the DTV is still low.
I think the concern is overblown honestly.
I’ve lived here 27 years. Bangkok has significantly changed and got more expensive. It’s a norm of life as Buddha says everything is subject to constant change.
Mai pen rai....
God bless ❤
I honestly think the best time to travel to Thailand was during the lockdown back in 2020-2022 everything was cheaper and less tourists.
I got my travel authorisation a few hours before they shut them off in Dec 2021. Was a great time to visit. I booked hotels for a few days at a time and every booking was cheaper than the last as there were fewer and fewer tourists.
I love my DTV visa! lol. Did my 90 day report via mail a couple of weeks ago, and am looking forward to going somewhere outside Thailand for a holiday in Feb when my 180 days are up. Regarding bkk: its another Asian dirty city and most people there are there to make a living. For me I have the luxury of living anywhere and I choose to live up country, and its still cheap, and anything I need I can buy online and it turns up in a couple of days. Lots of Thais don't make alot of money so Thailand will remain cheap relative to the West, so just avoid the tourist areas.
Great information. I'm flying in next week. I'm sending you an email about doing a video about cycling in Thailand!
I agree, these reels show so expensive rooms, i cannot afford! The DTV visa is bringing so many people here, and prices over christmas nye are crazy, even hotels. Phuket you cannot travel anymore basically.
Thank you for this. Our whole family is moving to Thailand and agrees with you. We enjoy your channel and has inspired us to create a channel to document our journey from the US to Bamgkok.
Good video Adam and spot on. The rich get richer and the poor get poorer. Life unfortunately 😢
The Real Estate people look at the same chat sites as we do, so being commission based, they will charge for what they can get, plus AirBNB people will charge people what they can get away with. It doesn't take a genius to work that one out. Someone sharing their 'Bargain Price' , just raises the bar for everyone else, because the Landlord thinks that they went in 'Too Cheap'
Nothing lasts forever, it was significantly cheaper 15 years ago :)
Yeah in 2010 i use to go drinking in bangkok with about 1500 baht.
Yeah I first came here in 2011 and it was crazy cheap, and the exchange rate was better
Should have been here in 1951, ST was 50 satang (0.5 baht). 👍😁
Yep I moved here in 1998 the city has changed so much…somethings for the better sone for the worse. But as Buddha said everything is subject to change.
I pay 900 AUD for a 3 bedroom condo a month in KL. For sure Thailand prices have gone up. Its like they tried to make up for lost income during covid. Now they know people will pay the prices that are way higher, but it's still cheap but its not what it was.
Thailand is for sure getting more expensive, its relative to England early 2000s which is still loads cheaper than England now . Its more the price of accommodation than anything , food etc is still relatively good priced .
The appeal of Thailand in the 80s & 90s was that it was so cheap. Now that it's more expensive than Spain or Greece, if you're a European, you have some much better options locally.
More expensive then Spain ? Have a laugh .
@@leoclark6340 A Big Mac is B220 (£5) in Bangkok and €4.20 (£3.50) in Madrid, so yeah, do have a laugh
@@1878EFCwho eats Big Mac in Thailand? Choose something else, food is very cheap in Thailand but avoid McD
@@roarlor1 I agree, I haven't eaten there for 30-years. Im just illustrating the point that Thailand is more expensive than Spain
@@1878EFC The comparison doesn't track. Thai meals here 50 baht. Macdonalds is western food so obviously it will be much more expensive because it's "exotic" for lack of a better word.
Close to 100k bro
Yes look at what it has done to Medellin, Colombia
Good one Adam. Need to put things in right spot.....good job
Cheers mate!!
I had the misfortune of being in Lower Sukhumvit last week with my wife who is Thai. WTF happened? During Covid it was was not the best place but it was OK.
My wife tried to get a Thai 4 taxis simply refuse to take her because she was Thai. The taxis were looking for tourists.
We ended up paying 300 baht for a 80 baht fare on the metro to Onnut, straight down Sukhumvit Road.
My wife that the local social media is awash with similar stories. Apparently, the locals are getting pretty pissed off with the foreigners and their ability to 'dual price'.
Having lived in Thailand for nearly 20 years, I think the absolutely best time to have lived in Thailand was during Covid.
Why not use grab or line?
"Apparently, the locals are getting pretty pissed off with the foreigners" .... so the locals are upset about foreigners, because taxis are ripping foreigners off in Sukhumvit?? .... ow, Thailand ... such a fascinating place.
Thailand got expensive when the Thai baht went from 85 , 12 to 15 years ago to 38 now. That's UK money. Only thing cheap in Thailand is food.
Good video Adam....but if it makes it more expensive and keeps out the dodgy foreigners, then there is that...
Haha that’s a good point 🤣
Cheaper to live somewere in southern europe if you are a european. Also having free insurance etc etc. No bullshit
less people coming because of their crazy prices Thailand is yesterday's news there is cheaper and nicer places to go and be only newbies think it so good because they don't know any Better
Quite a negative person to think that. Thailand is one of the most beautiful countries in the world.
Has not been a cheap holiday since COVID.Price of flights for a start are expensive.
Yeah man tell me about it!!
Nope, the prices can't increase because there are so many condos available, most buildings are only partly occupied, so agents can try scam you but if they see you know the market they will come up with a reasonable offer. I remind you that you can decline any offer you get and place a counteroffer, from a t-shirt in the market to condo, it is Thailand.
I have watched the price of items in Thailand go from cheaper than the U.S. to more expensive than the U.S.
Love the info & tips , do you think Phuket is like a huge difference in prices compared to Bangkok bro
Phuket is already the most expensive part of Thailand I think.. be interesting to see what happens there!
🙏
You always put on a good show and at decent intervals. It's much appreciated. Also, thanks for taking the drifter under your wing. He needs help. Having said that, he's doing much better, so I won't unsubscribe just yet 😅
Haha nah he’s all good!
good point
😊
Attempting First Comment!,
He got it!!
I dunno man. There's still vastly more Thais than foreigners here (at least living here for longer than a vacation). Lower Sukhumvit has always been a foreigner ghetto and I wouldn't expect that to change anytime soon. Still, I agree it is sort of weird to think about how bad the gentrification is getting. As long as stuff like the inability for foreigners to own foreign-only businesses, the inability for foreigners to own land etc. is still there, Thailand will be mostly still Thai.
Yeah for sure, but it should be, we should be the minority.. I see locals getting priced out of their neighbourhoods in Bali for years and just think it could easily happen here
@@keisone 100% but Bali is much tinier. Have faith brother
Yes prices will go up. Not good for foreigners currently living there. But good for Thai people. Creates jobs for Thai people only and brings in foreign money. Actually quite a clever visa to help Thai people
Hopefully creates more jobs and helps the Thai people 😊
The visa will not be what raise the prices up cuz Thailand economic structure cant afford to do so , also that would mean they would have to raise the minimum wages so that the thai can afford it , right now they need as much foreign money as they can get to balence off the economy cuz they want to eliminate having low season and to be able to say , they have a good enough of moneies being spent locally and so on year round .
Ever heard of duo pricing. One for foreign ers and one for Thais.
@danielcully6047 it doesn't apply to everything
The price of new condos in Pattaya has exploded.
I saw a building under construction, two or three years ago. The way it was built is similar to other condominiums, that is to say with very thin walls between neighbors. It is now a so-called hyper-luxurious building.
But I saw inside, it's very bling bling and Ikea quality.
200 square meters costs 69 million bahts!!!! 2 million dollars!!!!
The building was 98% sold. Mostly Chinese.
This is crazy...
Pffft, the Chinese and their communist money.
Yeah Pattaya prices are BOOMING!
@@keisone An agent friend in Pattaya told me that enquiries from non-Thais have tanked. This is due to two tax concerns. Firstly, remittances to Thailand from 1 January 2024 may be subject to personal income tax for people who spend over 180 days in the country. Secondly, the Revenue Department is discussing the taxation of worldwide income. Currently, Thailand has a 'territorial tax system. This is only a 'proposal', but if it becomes law, there could well be an exodus.
Your videos are so informative, thank you!
Would you be so kind and share your visa agent with me 🙏🏽
I pay 9000 in rama 9. Well happy lol
Hell yeah! People bragging for 50k for a 30 Sqm place like WTF!
I notice this too throughout SEA vloggers and stuff - I hear a price and think daaaaaamn, i'm paying like 1/5th of that XD
Haha I see these ones like, why is he bragging about a 50k box on Rama 9? 🤣🤣
I was there in 1995 and wow were things cheap then. In Phuket a few weeks ago and paid $65 for a steak! Heading to Pattaya in 4 weeks to live and work on the DTV if application is successful 🤞
DTV is the way to go!
Totally agree@@keisone and appreciate your vlog information in this. I am actually eligible for the 50+ retirement visas but as I will be working part time for a little while I figure the DVT is a great option for the next 5 years!
@@richiereid100 Non O retirement is a far better option. More expensive, but less volatile at this time. The DTV is still just a glorified tourist visa. (I’m from Australia, but married here, got two daughters and have lived here for 20 years now).
Hi@@davidcavanaghcoaching thanks for your feedback. Good advice is hard to find. Can you recommend a good visa agent to assist with this? Thanks again!
Bro that's more than my COL in a beach town USA 😅 the deals are still out there but be diligent ❤
Yeah man, I hear ya!
LOL I pay $100 for a 45sqM apartment in BKK. I also rent 2 places in Trat for $100 each as well. $300 for 3 places!!! Yeah these youtubers are getting dunced on, while also making it more expensive for everyone else.
Yup!!
how would you recommend going about finding cheap apartments like that? how did u find them? thanks
Try Renthub or hipflat (they are the 2 best websites IMO)
RUclipsrs are not the sharpest tools in the shed. Rent a dog box in Thronglor, the Japanese expat area where Japanese Honda, Toyota etc engineers and their families, European and US bankers live on their US $500,000 salary packages and the HiSo Thai elite. 😂
What the visa name v ? I can’t find info
Discover Thailand Visa - DTV
Good for 10 years
5 currently
@keisone Mine is 10
BRUH
Duh? You Think?!!! Do people take advantage of naive newcomers? Say it ain't so!
🤣🤣
wwww yes new video
Let’s gooooo!
Exactly the same as bali with the rent mate
Yeah I see that on social media too!!
second 🤪
Ai.. Good One Mate!
Nice!!
Not all heroes wear capes
The DTV maybe valid for 5 years, but you can only stay 180 days ???? Do you need to keep leaving the country & apply to re-enter. Keep in mind the new Tax issue…..more than 180 days and you’re liable for Tax on your foreign income .
No, search a channel called retired working for you and you will understand how visa works
You cant stay for more than 180 days therefore no tax.. simple.maths no?
After 180 days you can leave and come back and it resets your stamp for another 180 you don’t need to apply to re-enter, it’s multi entry for 5 years
@@keisone that is just no true. That is only what people hope. still no statement from immigration about. If you speak with some lawyer here, than you will get a very different point of view than the ''youtube consultant's'' about this topic. It a marketing stunt so far. lets see after the busy season is over.
Mate I have the visa, I’m pretty across it lol