As a Brit there is a 4th and more important reason why I wouldn't retire to Thailand, you will not receive your annual state pension increase, surprised he never mentioned this...
Eddie is coming to the end of Phase 1 of retirement. Phase 2 is incredibly dangerous. Many people suffer from loss of purpose. Hopefully he'll get through this phase and reach his nirvana and enjoy his retirement.
He is like most oldies groomed to be a Person and let the Gov handle the Trust, it is not what Business savvy suffer. Squeaky clean part of the Machine of programmed Baby-loners.
Exactly, 1) tax is not something unique to Thailand, 2) work permits are available, I should know i had one and made serious money in Thailand, 3) there is nothing stopping you from being legitimate with your bank account and visa application, it's just a rant from someone who has no understanding of the subject
@@simplyrogueThere are many rich Chinese in a population of 1.5 billion. Likewise there are many rich Russians who want to live there. They’re happy to accomodate them. Nearly 40% of long term Elite/Privilege visas are issued to Chinese.
He should've done all this before moving over. I would've done all the ground work beforehand and not when I'm in SE Asia. Now he's in no man's land with no idea what to do next. This is exactly what you don't do if you plan to retire in SE Asia
It's called content treadmill. Dude bro is an actor. He already has his plan: to remain an alley cat with a British passport. Bloke has earned it. He was a taxi driver in the UK. Eddie is an alley cat hiring young ladies as it pleases him. The rest is theatre for view$.
@@david2498 but he talks some shit. "Ok" drives me insane. I ditched following him years ago but I wanted to have a look at Laos. "Look at these mountains" ffs I'm in Thailand and hope he stays away
Your ignorance of work permits,visas and the taxation system current and proposed in Thailand is breathtaking. Its fear and ignorance thats driving your decision. Lived here in Thailand 5 years and had both a retirement visa and work permit.
Many reasons if you are from the US, especially in big cities. Crime, cost of living, insane political climate, increasing government overreach, dating scene. There are more reasons, but that's more than enough for me.
..given your interest, and potted philosophy based on British early television and your obvious inaptitude at adapting to or understanding Thai culture, its laws and regulations , might I suggest England as a retirement destination.
Hey Eddy, I'm a bit confused by your issues with not being able to work if you get the retirement visa. I thought you're not supposed to be working on a tourist visa, so what's the difference to your current situation? Or do you already have a work permit to do your work in Thailand? Enjoy your videos.
You have to have a work permit BEFORE working in Thailand, as well as pay Thai taxes -- (they have a minimum amount already calculated for you, no matter your actual starting revenue). I know. I had one, several times. If you work on a tourist visa, you are subject to arrest and deportation at any time. Thailand is simply not worth the trouble. In South America, we have property rights and can own a house and get permanent residency quickly and easily.
He is one more cheap Charlie he wants income tax free while getting free medical on nhs …… fast forward today he prefers to stay in nhs system rotting instead of paying for medical now today and stay alive longer
Eddie you need to talk to someone who knows what they are talking about almost everything you have said is wrong .In your postion it would be impossible for you to get a legitimate work permit anywhere in Asia,get over yourself and except the way things are done in Thailand.
Great video Eddy Agree with everything you say I have just returned from the Philippines, second visit ,I have visited Thailand 10 times ,love the country, but too many rules to retire there ,and I wouldn't get my state pension increases from uk ,where as Philippines I would ,and they speak English Thanks
You can’t get a retirement visa in cambodia if you are working same as Thailand. So you would have to get a work permit and be employed by a company in cambodia
Maybe just move arround a little bit, every now and then. Change of scenery and all that. That's what I would do anyway. NEVER EVER would I buy a condo EVER!
This is correct ASSUMING the financial system stays solid. Otherwise, your money may be safer in a condo than in a bank or investment company. (Or even safer in a house with a garden). Bill Gates has become the largest owner of farmland in the US because he sees a debt implosion coming, and so does not want his wealth in stocks and other financial assets.
This just seems like click bait, same as the moving to Thailand film. All this information you are telling us has been known about for quite a while. Or did you just jump on a plane without any research?
Although Laos doesn't have a retirement visa, you can get a business visa for US500 a year, you don't have to work, but it does give you 12 months with out border runs. That's how I'm staying here.
The way you walk around shouting your mouth off like you own the place is extremely anti social and I’m sure Thailand will be glad you’re not retiring there.
Technically you're going to be in breach of most countries visa rules if you're earning from YT / book sales without being a UK resident. Whether you're there as a tourist or on a retirement visa won't matter. But in practice they're not coming after anyone for making a few thousand a year on YT.
They can. Any day now. THAT is the unstable problem with life in Thailand. You will NEVER get permanent residency like is easily obtained in South America or Mexico (where you can also legally buy a house/land in your own name).
I always assumed that they don't want you working in the Thai economy, which makes sense. They don't want you taking a job that a Thai can do. But I thought that making YT videos or writing a novel would be perfectly okay. But maybe I'm wrong.
I wouldn't call those pet projects work, but no doubt they would be cracking down on it. Would be different if you were making a heap and getting half a million views for every video. He just needs to decide if he actually wants to retire or wants to work (I don't really consider it as work). May as well keep hopping around countries but the novelty will wear off and still need a proper visa of some sorts.
@@kippsguitar6539 100% true digital nomads are required to obtain a work permit in Thailand if operating within the countries borders, this includes you tubers especially if they are monetized, you cant even volunteer (unpaid) or become a monk without the correct visa here. Flying under the radar and being legal are different things. Only thai nationals inherent right to work in Thailand
I have lived in Cambodia for over 20 years and while it is true regarding visas there are a few more rules to follow than before its still pretty easy and cheap to comply and i think it will stay that way at least for our lifetime :)
Lads, its not that cheap. I am a homeowner, no debt, and it costs on average to live well, eat well, pay all the bills about $2-3k per month, its that the end of the world FFS, "Move to Thailand" what the hell for? Can't own anything, loads of paperwork for Visa's and nonsense its just too hard. 800k in a bank account with no interest does not appeal to me anyway. Then later when I am due the a couple of pensions from two different countries, applying for that and all the admin from Thailand? no way!! I cant see liaising with those gov bodies from TH going to work well at all. Bottom line lads, its just too bloody risky, risk of complete financial failure in TH is HIGH. I prefer to have my safe home base and just go for some extended stays and not just TH other countries too, TH does not deserve my commitment, because quite simply overall, they do not like foreigners at all.
0:11 You talk a lot of crap..you can get a 1 year Ret or Marriage Visa,no need to deposit 800000 bht in bank,40000 or 80000 bht monthly income will do..i live comfortable on my pension in Thailand..many people have difficulty now making ends meet on average income in Australia,UK ,US and more FACT!! Rubbish about Thais attitudes to foreigners..i have lived here for many years and me and all my friends find Thais friendly and hospitable..only if one acts like a moron will there be problems perhaps!
I watch these RUclipsrs in SE Asia mostly out of curiosity but for me, as a retiree, it makes little sense to move there. I get pensions from two countries too and a move would mean that part of one pension would be cut. It's easier just to visit during the nicest part of the year and have a home base elsewhere where the standard of living is high and medical care is almost free.
Since 1 January 2024 some tax rules have been changed. The rule previously was that monies earned in a previous year could be brought into Thailand without attracting a need to obtain a TIN and pay income tax. Now income earned this year and in future years is all taxable whether brought in within the present [earned] tax year or any other tax year. Subject to obtaining professional advice... I think these changes are probably aimed at wealthy Thais with foreign assets and in large measure arise because of the cost to Thailand of the pandemic.
Eddie good video and I agree with the 3 points you have raised. But what Country In South East Asia can you retire in and not have these problems. Can you do another video to address this.
I think it may work like the SRRV retirement visa here in the Philippines, which sounds similar. You can still work in your country of residence, but you need an employment visa. Saying that, can't you keep your RUclips residency which is probably the UK and still get paid as normal?
Sorry to say fella, but you've contradicted yourself about the retirement visa and work. You said you were working as a RUclipsr, so now you are claiming you are working in Thailand - which requires a WP.
Eddy you're lost the plot. Might be time for the retirement village. The 800,000 is your money. It's just security so Thailand know that you have money to live on. Or you can show proof of income instead. You can do the visa the hard way or the easy way. Thailand are very generous allowing us to stay there.
There is no such visa as a retirement visa! It's an extension of your original visa with retirement as the reason. I think you will find retirement usually means you have given up work.
1. If you pay tax in the UK, under the Double Taxation rule. You will pay no tax in Thailand. 2. You can live outside the UK and still be a UK Tax resident. 3. Old Age Pension, below Tax threshold. IF you check UK gov site on Double taxation Laws. Plus Thailand Tax office(it's in English). All is explained clear and concise. Hope this Helps Eddie.
@@justbatters566 It all depends wether you have lived and worked in UK.Spending 20yrs in Middle East , not paying UK Tax , you are still a Citizen , but not resident , even if you return for less than 180 days , your still not taxable
You actually do not need to have 800,000 baht in the bank if you deposit 65,000 baht a month. There are many RUclipsrs that are retired and have active channels. Work permits are for employment with companies. Many western countries have a no double taxation policy with Thailand. I’m retired in Thailand from the US for the past 4 years and have not had any issues with any of your concerns.
You get your payments in your english bank account i presume. Would that not mean you would be getting taxed in england and not thailand ? So technically your not working in thailand ?
Thai tax rules states that all income from Thailand sources (This includes all activities, business, work etc carried out in Thailand) is liable for Thailand income tax regardless of your status of stay in Thailand, Nationality or the jurisdiction the income is paid in. To date the Thai authorities have left YTer’s alone but if all those who are tax resident have to start filing tax returns then failure to declare this would be filing a false tax return & could be deemed tax evasion. If you do declare then it opens up the Q of we’re is your work permit. I have recently had a form sent to me from the UK’s version of the IRS called HMRC. They told me they are sharing tax information with other Countries & wanted to know we’re I am tax resident & what my Tax ID No. is & if I don’t have one the reason why. Also all YT Vids are time stamped. So anybody who thinks thinks they can convince the Thai Tax that having a YT channel while being based in Thailand is not a Thailand source of income or that they can hide the fact they got one then good luck with that. As for Work Permits some YTers say they have them through friends with Companies of an agent. According to Ben thought on his Integrity Legal channel his Vid titled Thailand Work Permits The Term Employer Of Record Is Meaningless & these WP’s are Null & Void.
Eddy, you had too much drink today. We all know you are struggling with that. Thailand is still a value for money, but the Thai baht is stronger nowadays it should be at least $1=50 thb to improve tourism in Thailand and to help support the Thai economy.
If what you say is correct it sounds as though Thailand is becoming Anglicised (Westernised). There is a 4th reason for avoiding retirement in Thailand: the poor rate of exchange, Thai Baht/British Pound Sterling.
So, when you finally settle in Cambodia, is there any social network there for seniors? It looks like you have been traveling alone since January. How will you make friends with people your age in Cambodia? What will life be like there for a Senior?
Eddie: Informative video - you always give out useful tips. My view is 180 or less in Thailand then the rest of the year in other great countries around SEA. Cheers, Archie
The Philippines could be an option, can stay up to 36 months on 59 day tourist visas before having to leave the country. I wouldn't worry about RUclips vlogging being considered as "work" and violating your visa, especially if one is not making videos critical of the host country. Good Luck buddy!
Mine also, and I will be retiring in a few years. The visa policies are changing and getting more expensive, and also the cost of living there. I am trying to decide my next move, and I may not go at all...just for visits.
I was married there and it just doesn't work. The jerk-around never ends from the xeno government. All my mates left (i.e., were DRIVEN out). Every one of them. We've found South America is 1,000 times better, where we have actual reciprocal property rights, can own a house, and a permanent residency visa is easy, with two years or less. Watch the Nomad Elite videos to see the comparisons. Also same big savings on the cost of living.
Doesn’t it mean you can’t work for Thai company. Money earned online, deposited in “home country” bank is taxed by your home country, but not Thailand. That’s my understanding.
Steady Eddie really worries far to much about things.Using a agent which cost peanuts in the general scheme of things and you dont have to tie your dosh up..
@@kevcarlin just go to a agent. Most do it all get u thai bank account and visa but cost will be 35 thousand Bhatt for everything. They do everything for you 10 days tops . They put the money in sort of freeze it and once u been to immigration for photo only no questions it's taken back out again. But u get a Thai bank account as well with the money u pay
Come home eddie, ànd just holiday in Thailand, as you are always vulnerable in Thailand. I used to work in a thai restaurant in Manchester, and one of the thais told me that after ww2, the American gis whò were based there, most decided to retire there. They were lazing on the beaches and buying up property, and generally seen as a nuisance, so tbey thai government expelled them from the country, and siezed their houses añd properties. Who is to say such a thing wont happen again !!
Yet over 300,000 Thais have a U.S. green with full civil and property rights in the United States, where they have bought up hundreds of thousands of homes in California (and, in doing so, helped cause a shortage of affordable housing for working American families). One-way is not fair and is immoral. It should be RECIPROCAL, bilaterally, as the only acceptable and moral principle.
Eddie good points well made-i agree- what do you do -sit and watch the waves crash in for the rest of your days- that-as I've said before -is why my (Thai) wife and i live in the uk not Thailand - living in Thailand -what would worry me most would be access to healthcare. In the UK it is still free as is my daily medication due to me being over 60.....but even so we have had a house built out there-my wife's dad lives there- and I can go anytime for 90 days -what's not to like ?
On the subject of retirement did you know that for some reason the Philippines is the only SEA country that updates any income rates linked to a state pension while elsewhere that would be frozen after 190 days and expat status
You would probably go skint Eddy if you retired in Pattaya. If you cant control the boozing, your time here is limited. I love it here but i go out once a week like back home. You wont see me bouncing around LK or walking street on a week day and ive been WS twice in 4 years since moving here. This country has all the infrastructure you need to retire here and is a great place to live if you have a decent pension or money in the bank. If your skint it can be the loneliest country in the world.
Mr. Ed enjoy your full life while you are able to enjoy the world 🌎. I am very envy of what you are capable of doing. Be grateful that you are able to walk talk and see and hear wow 🤩!!! This is just a temporary world for us to live and experience. Love one another is the most important ❤ thank you for sharing your stories and humble hearts. I hope to see more of your stories more. Love from Laos 🇱🇦 ❤❤❤❤
Nice one eddy, its no big deal if you settle in Cambodia etc,you always have Thailand and other S.E countries on your doorstep should you fancy a change of scenery for few weeks best of both worlds 👍👍👍
Retirement visa. Reputable agencies work with immigration. 17000 Baht a year one off charge. Immigration treat you like a VIP, no waiting and the fee includes 90 day reports. Not dodgy at all. You don't seem very clued up at all.
Exactly. For someone who's travelled a fair bit around SE asia, hes not very well clued up on any of the laws. All hes gotta do is actually speak to someone who knows and is dealing with these issues. his opinions are no better than those guys who sit in bars all day whinging about everything. Retiring overseas is probably not for him. Nowhere is perfect and can change at any time for good or bad
How long have you been there? That was not my experience, nor that of my expat friends, at all. I speak fluent Thai and none of us were sexpats. We all paid Thai taxes. It just doesn't matter in the end.
2:30 A retirement visa does *NOT* require an 800,000THB bank deposit. You can also qualify with a 65,000THB monthly income. You can get a Long Term Retirement visa which allows you to work and is a 10 year visa.
He now has major Health problems have told him for years get regular Checkups never listened and now is paying the price sorry to say,im a Paramedic and i get all the checks done all the time have Private Insurance would not be without it and i get all the Tests done each year so if you want to take a chance not worry about your health then in the end you yourself pay the price.
Chuffed you made this video cuz you've just made Thailand all the more appealing as a retirement destination (knowing you won't be there). Ta very much.
I agree with you about the visas. Thailand is more awkward than its neighbours and I am hoping that one day Thailand will ease up a little due to foreigners deciding other SE Asian nations are much easier to stay in. I'm on a marriage visa myself and have to leave 400k in a Thai bank account, have the police visit me at home once a year and I still have to do a 90 day address confirmation. It's a lot of messing around. A lot of people of retirement go for a retirement visa even when they are married due to amount of info necessary for a marriage visa.
Not a chance in hell that Thailand gov is going to "ease up a little." You DO know who runs Thailand by now, right? The ethnic Chinese (Teow-chu) minority families, who inter-marry and are extremely xeno and ultra-racist. You are not wanted or welcomed. Only your money is. Every single one of my closest expat friends -- about a dozen from many Western countries -- was driven out, in the end.
180 days in any country you should be a tax resident there, plus in the UK my state pension is taken into account as well as any other income tax wise, same same
I have used a retirement visa company in Soi post office for years and get the multiple re entry stamp ,have my own condo in View Talay absolutely no problems ,you said you were going to retire in Thailand so you have changed your mind ,you are making massive mistake,maybe better go back UK.you are waffling on as you said.
Very unfortunate direction of travel in Thailand. Recent incidences with Farangs and the law is another reason to consider. Vietnam has 3 month visas now and multi-year if you get married to a local but then the divorce rate is over 70%. Philippines and Malaysia (Borneo in particular) are looking very attractive (and cheaper) right now and have the SRRV and S-MM2H visas respectively.
Eddie you are so wrong. I've lived in Thailand for over 10 years. You said the reason is not cost...then go on about cost for 10mins. where is your youtube channel registered?
Thailand's tax law changes simply bring it into line with majority of other countries including UK, Europe and US. Can't really get angry about that. As for RUclips, most creators get to your size they usually set up a company. Then you'll only pay tax on dividends withdrawn from the company which are in many countries liable to a lower tax rate.
Hi, Eddy.., Excellent video and very informative, and "Thank you" for sharing the video ! ! * So excellent..., that I decided to watch the video for the second time. Excellent financial information and a great decision... "Semper Fi" Mike in Montana P.S.: "Yellowstone" is coming back to Montana for Season 6 ! ! :)
I don't think the good folks of Luang Prabang, Laos are used to seeing a You Tuber speaking his mind on a public street. Eddy, my man, you got some long, long looks, even from the foreigners. Despite all that, keep up the good work, and I am looking forward to your Cambo vids; I haven't seen much of the place in years.
Indeed, and I think what really ticked him off about Thailand was that massage in Udon Thani when the masseuse only let him shoot his load once....that was an amazing rant. Quite frankly retirement in Thailand is straightforward, there are many oldies on retirement visas that are also RUclipsrs. If he wants to be 100% strictly compliant then he could see whether he qualifies for an LTR visa which would allow him to work & with concessional tax rates.
Think you might be over reacting to issues in Thailand regarding you tube/visa etc ut I think Siem Reaps always been your destination of choice can't fault you there. Keep up the great vids and all the best with new book
I'm a "Pom" mate and can also confirm it's our speciality. Some steal or break the law in other ways and get deported and live their lives in a new colony in a new country, some stay behind and whinge.
![ROSÉ(로제) - APT. (Band VER.) (With. 이영지) [더 시즌즈-이영지의 레인보우] | KBS 241129 방송](http://i.ytimg.com/vi/IW8qaemx74g/mqdefault.jpg)
As a Brit there is a 4th and more important reason why I wouldn't retire to Thailand, you will not receive your annual state pension increase, surprised he never mentioned this...
He is retired from work not a Pensioner.
You havnt got the full facts. Just a rant based on incomplete information. Calm down😂
Here here
Absolutely true
When you left England you said you were retiring!!!
He also said he wasn't drinking.
Also said he werent going out in the evening,etc etc
It's not working out for him he is having cold feet
Eddie is coming to the end of Phase 1 of retirement. Phase 2 is incredibly dangerous. Many people suffer from loss of purpose. Hopefully he'll get through this phase and reach his nirvana and enjoy his retirement.
@user-dj9nl2vs9x I've been retired since age of 52 loving it in Cornwall UK but going to travel a few places but will stay in UK definitely .
no one seems to consider youtube as work, it seems every retired guy in Pattaya has a channel walking around filming.
YEAH ..they all do their best to be YOU TUBE CHANNEL FREELANCERS, just like on BEACHCALCUTTA ROAD ... sad dickheads the whole bunch !
Eddie you have not got a clue mate
He is like most oldies groomed to be a Person and let the Gov handle the Trust, it is not what Business savvy suffer. Squeaky clean part of the Machine of programmed Baby-loners.
Exactly, 1) tax is not something unique to Thailand, 2) work permits are available, I should know i had one and made serious money in Thailand, 3) there is nothing stopping you from being legitimate with your bank account and visa application, it's just a rant from someone who has no understanding of the subject
Those countries have been saying this for a while now . They want rich tourists to go there . Arabs. Chinese families . Not old broke expats . 😂
Like you ya mean. 😂😂
chinese arent rich
@@simplyrogueThere are many rich Chinese in a population of 1.5 billion. Likewise there are many rich Russians who want to live there. They’re happy to accomodate them. Nearly 40% of long term Elite/Privilege visas are issued to Chinese.
@Wilko11 wish i was Chinese then or Russian
@@simplyrogueyou are clueless
Click bait, bored after 4 minutes.
Whats the point in ranting and raving about tax laws, when you said you do not know the facts. Why don't you find out and then go from there.
He should've done all this before moving over. I would've done all the ground work beforehand and not when I'm in SE Asia. Now he's in no man's land with no idea what to do next. This is exactly what you don't do if you plan to retire in SE Asia
It's called content treadmill. Dude bro is an actor. He already has his plan: to remain an alley cat with a British passport. Bloke has earned it. He was a taxi driver in the UK. Eddie is an alley cat hiring young ladies as it pleases him. The rest is theatre for view$.
@@david2498 Correct good job I used ad blockers so I can watch for free !
@@david2498 but he talks some shit.
"Ok" drives me insane. I ditched following him years ago but I wanted to have a look at Laos.
"Look at these mountains" ffs
I'm in Thailand and hope he stays away
@@david2498exactly, just sensational headlines to keep the view count up. Like a tabloid newspaper
Thai government says if you have paid tax on income in your own country there will no double taxation.
Precisely ,if he declares youtube income in the UK and pays taxes there.
But Eddy is Squeaky Clean! He says so right in the video! @@ianjack4917
Thats incorrect state pension can be taxed depending on circumstances.
@@liamodriscoll429Eddie is 6/7 years away from State Pension age.
@@ozzy6668I thought he was older than that.
Your ignorance of work permits,visas and the taxation system current and proposed in Thailand is breathtaking. Its fear and ignorance thats driving your decision. Lived here in Thailand 5 years and had both a retirement visa and work permit.
He is remarkably clueless.
Just another tourist with a camera and plenty of poorly informed opinions.
@@jomtiendave8544 very true
Couldn't have formulated it better.
So true.
what do you expect of a scouser ?
I just don't understand why somebody would want 2 retire in South East Asia why not just spend 3 2 6 months there then cme home then repeat
Watch his earlier videos and you should understand
I would do a month or two every few years. Gets old quickly. Cover Europe and Canada and America for variety. Better to be based in Uk
Many reasons if you are from the US, especially in big cities. Crime, cost of living, insane political climate, increasing government overreach, dating scene. There are more reasons, but that's more than enough for me.
@@MH-rx7tn he pays for $ex. Wake up. He's not getting "massages" from mountain and sunset photography.
@david2498 better options in Europe, Germany is really popular 😉
Sorry ed after all the years coming to thailand you hav'nt got a clue mate
..given your interest, and potted philosophy based on British early television and your obvious inaptitude at adapting to or understanding Thai culture, its laws and regulations , might I suggest England as a retirement destination.
Hey Eddy, I'm a bit confused by your issues with not being able to work if you get the retirement visa. I thought you're not supposed to be working on a tourist visa, so what's the difference to your current situation? Or do you already have a work permit to do your work in Thailand? Enjoy your videos.
You have to have a work permit BEFORE working in Thailand, as well as pay Thai taxes -- (they have a minimum amount already calculated for you, no matter your actual starting revenue). I know. I had one, several times. If you work on a tourist visa, you are subject to arrest and deportation at any time. Thailand is simply not worth the trouble. In South America, we have property rights and can own a house and get permanent residency quickly and easily.
He is one more cheap Charlie he wants income tax free while getting free medical on nhs …… fast forward today he prefers to stay in nhs system rotting instead of paying for medical now today and stay alive longer
Eddie you need to talk to someone who knows what they are talking about almost everything you have said is wrong .In your postion it would be impossible for you to get a legitimate work permit anywhere in Asia,get over yourself and except the way things are done in Thailand.
WTF is he talking about?
You won’t miss Thailand and Thailand won’t miss you.
Common as muck
@@369dabblerhe is scouse? 😂
Great video Eddy
Agree with everything you say
I have just returned from the Philippines, second visit ,I have visited Thailand 10 times ,love the country, but too many rules to retire there ,and I wouldn't get my state pension increases from uk ,where as Philippines I would ,and they speak English
Thanks
Just admit it Eddy you have bottled it.
i take it you wont be vlogging in thailand on tourist visas anymore?
You can’t get a retirement visa in cambodia if you are working same as Thailand. So you would have to get a work permit and be employed by a company in cambodia
I beleive in Cambodia you can get a work permit for $200 and register as self employed
Edd many people are on retirement visas have RUclips channels mate and been there years
Not true..marry cambodian..buy land get wp and business vusa..very easy to get both. Higher IQs Cambodians generally..not lazy
Yeah its all got more complicated in recent years.
How about the LRT visa 10 years permit in Thailand
Maybe just move arround a little bit, every now and then. Change of scenery and all that. That's what I would do anyway. NEVER EVER would I buy a condo EVER!
I was considering buying a condo in pattaya. No way. I can just rent the same place. Not be tied to 1 place.
This is correct ASSUMING the financial system stays solid. Otherwise, your money may be safer in a condo than in a bank or investment company. (Or even safer in a house with a garden). Bill Gates has become the largest owner of farmland in the US because he sees a debt implosion coming, and so does not want his wealth in stocks and other financial assets.
Interesting comment, What exactly is a debt implosion? Thanks@@jimmccann3856
Pay as you go is the best way. About investment is asset allocation. Cash, Gold, CD, Gold, bonds, stock, dividends and real estate.💯👍🙏
@@jimmccann3856you will find it hard to sell
Your embarrassing yourself,get a grip.
This just seems like click bait, same as the moving to Thailand film. All this information you are telling us has been known about for quite a while. Or did you just jump on a plane without any research?
Who wants to "work" when you retire ?
I love my online work
@@MikeLickorish why would you want to retire
Working for yourself is totally different to working for others.
It’s who NEEDS to work when thy retire
Activity keeps you alive, even better if its an activity you like.
Well it did not work out of him in the long run . This has been very strange. I think he has been unwell for a few years .
Although Laos doesn't have a retirement visa, you can get a business visa for US500 a year, you don't have to work, but it does give you 12 months with out border runs. That's how I'm staying here.
Interesting. Do you have to submit a formal business plan with the application?
I don't have a business, a local business owner vouched for me@@Rodderz1
He thinks hes going to make enough money on his youtube channel to buy him a few beers,and the odd happy ending massages.😊
Exactly, probably a smarter way to be doing it.
The way you walk around shouting your mouth off like you own the place is extremely anti social and I’m sure Thailand will be glad you’re not retiring there.
Shut up
😂😂😅😅😂😂
Well said
& he liked the comment😅
You're very vocal too but won't use your real name, I think we can see who the real shithouse is here
What a load of crap this guy speaks all about himself never about the locals .
no fool like an old fool
This old fool is now cooked , he is saving coins on the nhs
Technically you're going to be in breach of most countries visa rules if you're earning from YT / book sales without being a UK resident. Whether you're there as a tourist or on a retirement visa won't matter. But in practice they're not coming after anyone for making a few thousand a year on YT.
..or are they??
They can. Any day now. THAT is the unstable problem with life in Thailand. You will NEVER get permanent residency like is easily obtained in South America or Mexico (where you can also legally buy a house/land in your own name).
@@harveythompson1756 yes they are, I have been reporting these clowns to Thai immigration for the last 6 months
I always assumed that they don't want you working in the Thai economy, which makes sense. They don't want you taking a job that a Thai can do. But I thought that making YT videos or writing a novel would be perfectly okay. But maybe I'm wrong.
you are probably right in any case they cannot enforce it
there are nomad visas
You’re spot on…Eddie is getting his knickers in a twist 😁
I was going to say the same thing, I think Eddy will be alright doing what he’s doing.
I wouldn't call those pet projects work, but no doubt they would be cracking down on it. Would be different if you were making a heap and getting half a million views for every video. He just needs to decide if he actually wants to retire or wants to work (I don't really consider it as work). May as well keep hopping around countries but the novelty will wear off and still need a proper visa of some sorts.
Eddie not supposed to be working on a tourist visa either
Not true as far as digital working goes, your comment is irrelevant
@@kippsguitar6539 100% true digital nomads are required to obtain a work permit in Thailand if operating within the countries borders, this includes you tubers especially if they are monetized, you cant even volunteer (unpaid) or become a monk without the correct visa here. Flying under the radar and being legal are different things. Only thai nationals inherent right to work in Thailand
Visa: Income and savings, in total 800 k TBH! So not a must to have 800 k TBH on the bank account!
ur clueless
I have lived in Cambodia for over 20 years and while it is true regarding visas there are a few more rules to follow than before its still pretty easy and cheap to comply and i think it will stay that way at least for our lifetime :)
Hi Bryan where do you live, may I ask what you did for work
Lads, its not that cheap. I am a homeowner, no debt, and it costs on average to live well, eat well, pay all the bills about $2-3k per month, its that the end of the world FFS, "Move to Thailand" what the hell for? Can't own anything, loads of paperwork for Visa's and nonsense its just too hard. 800k in a bank account with no interest does not appeal to me anyway. Then later when I am due the a couple of pensions from two different countries, applying for that and all the admin from Thailand? no way!! I cant see liaising with those gov bodies from TH going to work well at all. Bottom line lads, its just too bloody risky, risk of complete financial failure in TH is HIGH. I prefer to have my safe home base and just go for some extended stays and not just TH other countries too, TH does not deserve my commitment, because quite simply overall, they do not like foreigners at all.
Thanks for your info
Typical Thai's, shooting themselves in the foot. I wouldn't give the greedy, knowing assholes, a single baht.
knowing = kerniving
0:11 You talk a lot of crap..you can get a 1 year Ret or Marriage Visa,no need to deposit 800000 bht in bank,40000 or 80000 bht monthly income will do..i live comfortable on my pension in Thailand..many people have difficulty now making ends meet on average income in Australia,UK ,US and more FACT!!
Rubbish about Thais attitudes to foreigners..i have lived here for many years and me and all my friends find Thais friendly and hospitable..only if one acts like a moron will there be problems perhaps!
I watch these RUclipsrs in SE Asia mostly out of curiosity but for me, as a retiree, it makes little sense to move there. I get pensions from two countries too and a move would mean that part of one pension would be cut. It's easier just to visit during the nicest part of the year and have a home base elsewhere where the standard of living is high and medical care is almost free.
Since 1 January 2024 some tax rules have been changed. The rule previously was that monies earned in a previous year could be brought into Thailand without attracting a need to obtain a TIN and pay income tax. Now income earned this year and in future years is all taxable whether brought in within the present [earned] tax year or any other tax year. Subject to obtaining professional advice... I think these changes are probably aimed at wealthy Thais with foreign assets and in large measure arise because of the cost to Thailand of the pandemic.
Eddie good video and I agree with the 3 points you have raised. But what Country In South East Asia can you retire in and not have these problems. Can you do another video to address this.
Eventually, yes.
You need to check the rules regarding work and tax for Cambodia as well, probably will be quite similar.
It's far easier
It's not similar at all
Sounds like you’re getting old when you start ranting in public.
😂😂😂
I think it may work like the SRRV retirement visa here in the Philippines, which sounds similar. You can still work in your country of residence, but you need an employment visa. Saying that, can't you keep your RUclips residency which is probably the UK and still get paid as normal?
Don't do encourage him to go to the Philippines. Think of the people and other expats. He should only go back to the UK if they will take him.
Eddy. Thailand don't do retirement visas. They do 12 month extension of stay renewable each year.
Sorry to say fella, but you've contradicted yourself about the retirement visa and work. You said you were working as a RUclipsr, so now you are claiming you are working in Thailand - which requires a WP.
Steady Eddy, on form and on point, as always. Thanks for this.
Much appreciated
Eddy you're lost the plot.
Might be time for the retirement village.
The 800,000 is your money.
It's just security so Thailand know that you have money to live on.
Or you can show proof of income instead.
You can do the visa the hard way or the easy way.
Thailand are very generous allowing us to stay there.
There is no such visa as a retirement visa! It's an extension of your original visa with retirement as the reason. I think you will find retirement usually means you have given up work.
Stop this. You are showing the uk up. Say something good or shut up. Div
1. If you pay tax in the UK, under the Double Taxation rule.
You will pay no tax in Thailand.
2. You can live outside the UK and still be a UK Tax resident.
3. Old Age Pension, below Tax threshold.
IF you check UK gov site on Double taxation Laws.
Plus Thailand Tax office(it's in English).
All is explained clear and concise.
Hope this Helps Eddie.
Point 2, Is incorrect, you need to spend greater than 180 days consecutive to be resident
@@paultaylor2611no your wrong that’s not how it works
@@justbatters566 It all depends wether you have lived and worked in UK.Spending 20yrs in Middle East , not paying UK Tax , you are still a Citizen , but not resident , even if you return for less than 180 days , your still not taxable
You actually do not need to have 800,000 baht in the bank if you deposit 65,000 baht a month. There are many RUclipsrs that are retired and have active channels. Work permits are for employment with companies. Many western countries have a no double taxation policy with Thailand. I’m retired in Thailand from the US for the past 4 years and have not had any issues with any of your concerns.
You get your payments in your english bank account i presume. Would that not mean you would be getting taxed in england and not thailand ? So technically your not working in thailand ?
Yeah that's what I would think too.
@@SEAsianDream don't tell them what your doing, use a family address for banking stuff.
Thai tax rules states that all income from Thailand sources (This includes all activities, business, work etc carried out in Thailand) is liable for Thailand income tax regardless of your status of stay in Thailand, Nationality or the jurisdiction the income is paid in. To date the Thai authorities have left YTer’s alone but if all those who are tax resident have to start filing tax returns then failure to declare this would be filing a false tax return & could be deemed tax evasion. If you do declare then it opens up the Q of we’re is your work permit. I have recently had a form sent to me from the UK’s version of the IRS called HMRC. They told me they are sharing tax information with other Countries & wanted to know we’re I am tax resident & what my Tax ID No. is & if I don’t have one the reason why. Also all YT Vids are time stamped. So anybody who thinks thinks they can convince the Thai Tax that having a YT channel while being based in Thailand is not a Thailand source of income or that they can hide the fact they got one then good luck with that. As for Work Permits some YTers say they have them through friends with Companies of an agent. According to Ben thought on his Integrity Legal channel his Vid titled Thailand Work Permits The Term Employer Of Record Is Meaningless & these WP’s are Null & Void.
Yes you can
Eddy, you had too much drink today. We all know you are struggling with that. Thailand is still a value for money, but the Thai baht is stronger nowadays it should be at least $1=50 thb to improve tourism in Thailand and to help support the Thai economy.
If what you say is correct it sounds as though Thailand is becoming Anglicised (Westernised). There is a 4th reason for avoiding retirement in Thailand: the poor rate of exchange, Thai Baht/British Pound Sterling.
So, when you finally settle in Cambodia, is there any social network there for seniors? It looks like you have been traveling alone since January. How will you make friends with people your age in Cambodia? What will life be like there for a Senior?
Plenty of people retire in Cambodia
Many nice people too.
He shouldn't go to Cambodia.
All good Eddy, do what makes you happy. Safe travels. Cheers mate 🤙
With your recent health issues the outcome is even more iffy. Good Luck.
Pro tip: whatever eddy does do the opposite and you'll have the best time ever
Eddie: Informative video - you always give out useful tips. My view is 180 or less in Thailand then the rest of the year in other great countries around SEA. Cheers, Archie
Sounds the best way, Archie
You're not wrong Edd they are driving people/ retires away from Thailand 😢
The Philippines could be an option, can stay up to 36 months on 59 day tourist visas before having to leave the country. I wouldn't worry about RUclips vlogging being considered as "work" and violating your visa, especially if one is not making videos critical of the host country. Good Luck buddy!
What an excellent and straight honest video Eddie.Marvellous😂❤
Thanks, mate
My wife is Thai but Thailand's visa policies annoy me so much that i am also having doubts whether i want to live there.
Mine also, and I will be retiring in a few years. The visa policies are changing and getting more expensive, and also the cost of living there. I am trying to decide my next move, and I may not go at all...just for visits.
I was married there and it just doesn't work. The jerk-around never ends from the xeno government. All my mates left (i.e., were DRIVEN out). Every one of them. We've found South America is 1,000 times better, where we have actual reciprocal property rights, can own a house, and a permanent residency visa is easy, with two years or less. Watch the Nomad Elite videos to see the comparisons. Also same big savings on the cost of living.
@@davidb2206thanks for telling us all your mates are broke pmsl
Yes best u find some gutter cheaper
Doesn’t it mean you can’t work for Thai company. Money earned online, deposited in “home country” bank is taxed by your home country, but not Thailand.
That’s my understanding.
Steady Eddie really worries far to much about things.Using a agent which cost peanuts in the general scheme of things and you dont have to tie your dosh up..
Correct. I've done it no problem Thai Bank account opened up using it . Too much shit talked about
Agree...so easy to do
How do you get a visa without tieing up your 800K baht?
@@kevcarlin just go to a agent. Most do it all get u thai bank account and visa but cost will be 35 thousand Bhatt for everything. They do everything for you 10 days tops . They put the money in sort of freeze it and once u been to immigration for photo only no questions it's taken back out again. But u get a Thai bank account as well with the money u pay
Because its the agent money@@kevcarlin
Eddy, what about DaNang, Vietnam for permanentcy
Not sure about the visa. Good place, though
Come home eddie, ànd just holiday in Thailand, as you are always vulnerable in Thailand. I used to work in a thai restaurant in Manchester, and one of the thais told me that after ww2, the American gis whò were based there, most decided to retire there. They were lazing on the beaches and buying up property, and generally seen as a nuisance, so tbey thai government expelled them from the country, and siezed their houses añd properties. Who is to say such a thing wont happen again !!
Yet over 300,000 Thais have a U.S. green with full civil and property rights in the United States, where they have bought up hundreds of thousands of homes in California (and, in doing so, helped cause a shortage of affordable housing for working American families). One-way is not fair and is immoral. It should be RECIPROCAL, bilaterally, as the only acceptable and moral principle.
Rent a condo and do your own cooking it makes a nice change even it's just a couple of boiled eggs and soldiers for breakfast.
did you shave in the dark by any chance
lol....but his eyelashes are to die for. it all balances out!
Mate that 800 k always has to be in a Thai bank so you can kiss that money goodbye
No you get the money back if you wish to leave !
@@SlackHoffman true mate
Eddie good points well made-i agree- what do you do -sit and watch the waves crash in for the rest of your days- that-as I've said before -is why my (Thai) wife and i live in the uk not Thailand - living in Thailand -what would worry me most would be access to healthcare. In the UK it is still free as is my daily medication due to me being over 60.....but even so we have had a house built out there-my wife's dad lives there- and I can go anytime for 90 days -what's not to like ?
You have no idea what your talking about, have another beer
I thought he was trying to get off the beer but I see he's failed
Also 800K in a Aussie Bank Account at 5% interest per annum is 40K Baht (less Tax of-course).
Absolutely truths...take my mind...
I comings in Thailand for a long time...and thats 1000% wright decision.
Cheers Edie.
On the subject of retirement did you know that for some reason the Philippines is the only SEA country that updates any income rates linked to a state pension while elsewhere that would be frozen after 190 days and expat status
I have heard that
You would probably go skint Eddy if you retired in Pattaya. If you cant control the boozing, your time here is limited. I love it here but i go out once a week like back home. You wont see me bouncing around LK or walking street on a week day and ive been WS twice in 4 years since moving here. This country has all the infrastructure you need to retire here and is a great place to live if you have a decent pension or money in the bank. If your skint it can be the loneliest country in the world.
Mr. Ed enjoy your full life while you are able to enjoy the world 🌎. I am very envy of what you are capable of doing. Be grateful that you are able to walk talk and see and hear wow 🤩!!! This is just a temporary world for us to live and experience. Love one another is the most important ❤ thank you for sharing your stories and humble hearts. I hope to see more of your stories more. Love from Laos 🇱🇦 ❤❤❤❤
Thank you very much!
I believe you now have to have the money in the bank for 3 months before and 3 months after your application now.
That's enough to put people off
@@STEADY599 I think they have realised too many people were cheating the system.
Nice one eddy, its no big deal if you settle in Cambodia etc,you always have Thailand and other S.E countries on your doorstep should you fancy a change of scenery for few weeks best of both worlds 👍👍👍
Retirement visa. Reputable agencies work with immigration. 17000 Baht a year one off charge. Immigration treat you like a VIP, no waiting and the fee includes 90 day reports. Not dodgy at all. You don't seem very clued up at all.
Exactly
Exactly. For someone who's travelled a fair bit around SE asia, hes not very well clued up on any of the laws. All hes gotta do is actually speak to someone who knows and is dealing with these issues. his opinions are no better than those guys who sit in bars all day whinging about everything. Retiring overseas is probably not for him. Nowhere is perfect and can change at any time for good or bad
Looking to do things on the cheap I think. Not knowing the rules is a school boy error.
That is with all actual money. Half is 45000. Any you might suggest ?
How long have you been there? That was not my experience, nor that of my expat friends, at all. I speak fluent Thai and none of us were sexpats. We all paid Thai taxes. It just doesn't matter in the end.
2:30 A retirement visa does *NOT* require an 800,000THB bank deposit. You can also qualify with a 65,000THB monthly income.
You can get a Long Term Retirement visa which allows you to work and is a 10 year visa.
Cheers, Eddy! You do make me smile, mate!
The Arthur Daley way sounds great. Eddie I'm betting that you always paid for a TV license when you lived in the UK.
Hi Eddy, I think wherever you get retirement visa it's not to work mate
There's still alot of good places in Thailand, but those places don't include the tourist traps of Phuket, Pattaya, or Bangkok.
You need 800k Baht or 65K Baht for one months.Or can make mix.When not happen,than better you not coming to Thailand. Poor people happen here to much.
u dont need either
He now has major Health problems have told him for years get regular Checkups never listened and now is paying the price sorry to say,im a Paramedic and i get all the checks done all the time have Private Insurance would not be without it and i get all the Tests done each year so if you want to take a chance not worry about your health then in the end you yourself pay the price.
What’s this guy rattling on about
Chuffed you made this video cuz you've just made Thailand all the more appealing as a retirement destination (knowing you won't be there).
Ta very much.
I agree with you about the visas. Thailand is more awkward than its neighbours and I am hoping that one day Thailand will ease up a little due to foreigners deciding other SE Asian nations are much easier to stay in.
I'm on a marriage visa myself and have to leave 400k in a Thai bank account, have the police visit me at home once a year and I still have to do a 90 day address confirmation. It's a lot of messing around. A lot of people of retirement go for a retirement visa even when they are married due to amount of info necessary for a marriage visa.
If I paid my money I would not expect to still have to report and get visits and all that stuff
No chance they are milking it. And who can blame them. The uk is spending 9 million pounds a day on illegal immigration. Thais have got it correct.
@@STEADY599surely you know all this Eddy?
@@grahammurray7426 I certainly wouldn't have moved to Thailand if it was full of the types of people the UK is currently letting in.
Not a chance in hell that Thailand gov is going to "ease up a little." You DO know who runs Thailand by now, right? The ethnic Chinese (Teow-chu) minority families, who inter-marry and are extremely xeno and ultra-racist. You are not wanted or welcomed. Only your money is. Every single one of my closest expat friends -- about a dozen from many Western countries -- was driven out, in the end.
180 days in any country you should be a tax resident there, plus in the UK my state pension is taken into account as well as any other income tax wise, same same
eddie you got a point there i totaly agree with you
I have used a retirement visa company in Soi post office for years and get the multiple re entry stamp ,have my own condo in View Talay absolutely no problems ,you said you were going to retire in Thailand so you have changed your mind ,you are making massive mistake,maybe better go back UK.you are waffling on as you said.
Very unfortunate direction of travel in Thailand. Recent incidences with Farangs and the law is another reason to consider. Vietnam has 3 month visas now and multi-year if you get married to a local but then the divorce rate is over 70%. Philippines and Malaysia (Borneo in particular) are looking very attractive (and cheaper) right now and have the SRRV and S-MM2H visas respectively.
Latin America. RECIPROCAL property rights and even cheaper cost of living than Thailand. Plenty of beaches. Buenos Aires is safer than USA.
Eddie you are so wrong. I've lived in Thailand for over 10 years. You said the reason is not cost...then go on about cost for 10mins.
where is your youtube channel registered?
you need to learn to stop shout-talking. It's a head fek.
Thailand's tax law changes simply bring it into line with majority of other countries including UK, Europe and US. Can't really get angry about that. As for RUclips, most creators get to your size they usually set up a company. Then you'll only pay tax on dividends withdrawn from the company which are in many countries liable to a lower tax rate.
flipping heck what's the old scouse misery moaning about now?
He used an agent, for his visa extension. Always do things the right way! I think not.
Uou supposed to give up drinking impossible
Hi, Eddy.., Excellent video and very informative, and "Thank you" for sharing the video ! ! * So excellent..., that I decided to watch the video for the second time. Excellent financial information and a great decision... "Semper Fi" Mike in Montana P.S.: "Yellowstone" is coming back to Montana for Season 6 ! ! :)
Glad it was helpful! All the best, Mike
Everyone looking at Eddy going off on one 😂
I never thought about it until I watched the video!
I don't think the good folks of Luang Prabang, Laos are used to seeing a You Tuber speaking his mind on a public street. Eddy, my man, you got some long, long looks, even from the foreigners. Despite all that, keep up the good work, and I am looking forward to your Cambo vids; I haven't seen much of the place in years.
Indeed, and I think what really ticked him off about Thailand was that massage in Udon Thani when the masseuse only let him shoot his load once....that was an amazing rant. Quite frankly retirement in Thailand is straightforward, there are many oldies on retirement visas that are also RUclipsrs. If he wants to be 100% strictly compliant then he could see whether he qualifies for an LTR visa which would allow him to work & with concessional tax rates.
Think you might be over reacting to issues in Thailand regarding you tube/visa etc ut I think Siem Reaps always been your destination of choice can't fault you there.
Keep up the great vids and all the best with new book
Thanks for confirming the saying - "Whinging Pom".
Rupert Murdoch Sucks Ass.
I'm a "Pom" mate and can also confirm it's our speciality. Some steal or break the law in other ways and get deported and live their lives in a new colony in a new country, some stay behind and whinge.