Thailand, What's the COST of Retired Living in Thailand ?

[@sat1458]

EP, thank you so much for your in-depth budget analysis and unparalleled views of a real life to be lived in Pattaya and Thailand. You are doing a great service to those of us planning our retirement from a western nation. Keep up the great content and cheers in the New Year!

[@googleuser2609]

One of the things I like about your videos, is that the content always matches the promise of what the video title says the video is going to be about. In this case, there's not only a tour of areas, but also you actually going into places, and a table at the end.

[@everythingPattaya]

I try

[@ccrider8483]

All these people making videos with click-bate titles does get old and ultimately destroys their credibility.

[@markadler8968]

A huge factor in being able to retire in Thailand is whether the proposed income tax next year for all full time residents is enacted and how they chose to enforce it. Having all of the money you bring into the country possibly taxed up to 35% and having to file a return and prove to the Thai government where your income originates every year will make it prohibitive for a lot of people to move there. I have come across several videos covering this topic and every one of them has a different take on how it will be applied. If you factor in having to file/pay taxes as well as jump through all the ridiculous hoops you need to for your visas I think a lot of people will be leaving the country for other locations. I am considering moving there as a retirement destination but will wait to see how this all plays out.

[@rustynail3630]

Let’s see how this plays out. You see different opinions

[@nomadic-mind]

This is a big factor, if you want to get an investor visa you'd have to bring in 10M baht + 35% which is outrageous. It's probably going to be the same for the regular retirement visa 800,000 baht +35% to offset the tax. Not to mention all of the new taxes on crypto etc. For me the lack of security and the draconian immigration process is the main sticking points.

[@markadler8968]

@@nomadic-mind Imagine what is going to happen to the real estate market in Thailand. To buy a $500,000 condo you will have to pay an additional $170,000. Sales will tank overnight once this comes into effect.

[@lostboi3974]

Ain't gonna happen my friends.

[@tonythaiger93]

Jeez fear mongering 😂😂😂 not gonna impact your pension and savings brought to Thailand

[@dannmm6745]

Great video as always. For those who like cooking or are just curious you could make a video in a supermarket and show the price for the most common products. You could also show thai products or western brands that are also available there. I don’t know if this topic fits in the channel 😅but I would find it very interesting.

[@jdsalinger147]

Thanks for a great 2023 Daz! These cost of living updates every 6 months or so are very much appreciated considering the wild worldwide inflation. Happy New year!

[@O-Friendly]

I've been following your channel for so long. Love your cost of living videos. I think you give the best breakdown. I'm strongly hoping one day very soon to move there. My pension is more than enough to settle there, x3. The only thing that worries me is that I have pre-existing medical. Heart stents, to be specific, and medications, of course.

[@JavierLopez-jm7nd]

I’m quite familiar with the Pratumnak whole area and I must agree with you DAZ I really like it. Is very convenient, full of amenities and definitely something for everyone. That Cat Flaps place sounds very tempting and interesting I will probably be there visiting next week. Great Video Daz. Very entertaining and useful as always. Best wishes to you Mate for the coming new year. Stay safe and enjoy yourself.

[@pip6136]

Daz. Best video by far. You answered all my current questions about retirement in Thailand. Thank you so much. 🍺

[@davidboydarnott417]

That's good that it's a recent expense sheet, in a previous video you mentioned prices have risen lately. Thanks and Best wishes for good fortune in 2024.

[@swayp5715]

Thank you Daz! Very useful and Pratumnak is obviously the place to stay !

[@Pattayaman999]

Pratumnak Soi 6 is a wonderful street. It's family oriented and very quiet at night. The night market has a nice selection of Thai & European food. It's away from the sleezy stuff on central Pattaya and Jomtien. You can actually bring your relatives to visit.

[@carleto9597]

Very good summary of everyday living there in Thailand. Thanks for the update.

[@jeffreywilliams2240]

A well done video sir I think you covered everything.

[@nigelhumphreysfsuk2833]

Another brilliant informative video thanks again 👍👌

[@jonhobson3592]

Useful but it depends on one’s budget & lifestyle , I get by quite well on 35000b in northern bkk , all is ok 😊

[@Shaun7638]

Goes with out saying.

[@PREPFORIT]

Thank you, Daz. Only a few changes to that helpful chart and it's perfect for me.

[@geezerrb7222]

Apologies, I have not been following your vlogs as avidly as I did pre November when I became an ex-pat but thank you for "Everything Pattaya", it helped so much in the prep for retiring here as you yourself state the budget outcome is "individual" but what you show is a great indicator of what to expect. Many thanks for all your efforts, many may not realise the effort and commitment required!

[@TimBorggrenDenmark]

Well just the rent - I pay between 8 - 11k for a condo with sep, bedroom, kitchen, balcony, aircon, washing mach everything - inc. fitness. In Jomtien. So I guess you budget are one of the more expensive ones. But still nice to see others needs, thanks :)

[@plbmck798]

Thanks, Daz. Moving there this spring. Hope to buy you a beverage, as I appreciate your information so much. (I am a Patron as well). Have a great start to the New Year!

[@RichardAlsop-np2nr]

Hi mate. How has your move been?Thinking about going about it .What red tape did u have to do, ?

[@plbmck798]

@@RichardAlsop-np2nr there are several good guides. . Dax provides excellent general information. Good vibes Pattaya and buzzinPattaya offer some very specific advice on various brokers and contacts.

[@patrickl6321]

hello, I agree 90% on the cost estimate. Condominium: you can find cheaper or have to buy. visa: I do it myself, it's not that complicated so 200 baths per month. food: like you, we can do it for 5000 if you cook yourself or if you know how to eat local food. phone: I'm at 200 baths via an AIS promotion which should have lasted 6 months and I've had it for 1.5 years (maybe it's due to the fact that I don't use it much... ). water: it's a bit expensive: I have it delivered approximately every 4 months, 30 packs of 12 small bottles for 1000 baths or 250 per month. health insurance: yes, it depends on the people but 1 million baths if you have a heart attack: that might not be enough! for me it is almost the first budget because I subscribe to double health insurance with no limit on hospitalization costs. it’s already more than double and I’m “young” and healthy. wifi (private personally subscribed) and cable television: I have half of it. for other categories: ok. bar and company: it depends on the people but yes, it’s really a minimum

[@Shaun7638]

It is a general idea and of course specific peoples are going to differ depending on budget...

[@patrickl6321]

@@Shaun7638 yes I agree

[@stevebarclay3298]

Great video again Daz!! I was just about to suggest a review of the Sauna Bar. Not sure if you've done one before but maybe a full review/visit of their facilities??

[@everythingPattaya]

I did a full review when it was first built 3 years ago kzbin.info/www/bejne/fp3WepJohp5_o7c

[@clocktowerhill8760]

I average 68000 baht in a 100sm 2bd 2b condo (Pattaya) and that includes a very good health insurance policy and use of the baht bus. FYI purposes.

[@ObolonWeener]

Great video! Can you make a video of the best gym in town. Muscle factory in Pratumnak?

[@patrickhughes3587]

Everyone will have variable costs but you are spot on as a baseline which is fair and reasonable. I own my condo so do not pay rent but have some other things that I buy/enjoy that makes up the difference. Well done.

[@markwoods6684]

I stayed in the area in September. Hard Eight saloon didn’t have live music anymore except on their anniversary

[@Shaun7638]

The music had hard 8 Saloon has been stopped on a regular basis due to complaints from restaurants opposite i was told...

[@runesonne8156]

I do agree that Pratumnak is a nice area. I stayed at the Thepthip Mansion for 2 month, contract was for 6 month. Located next to the small 7/eleven. Unfortunately a lot of soi dogs are located right here and at the soi right next to the 7/eleven between soi 5 and 6. I had to move because of hauling and barking several times every night so I didnt get any proper sleep. And obv. I slept with special earplugs made for my ears only. They also barks in the daytime. Now I moved to View Taley 5D. Just a heads up guys

[@binyam11]

How much is rent there nowadays ? U still have to pay to use the sunbed at the pool ?😂

[@runesonne8156]

@@binyam11 Rent is 12500👌 yes, still charging you for the sunbed😅

[@marklawson8022]

Could you walk past the soi dogs? That's less than 100m from the apartment featured in this video? The noise of the barking would be a big no no for me.

[@runesonne8156]

@@marklawson8022 I would say it's okay safe to walk around the soi dogs in this area. But don't feed and pet the dogs. I wish the government had some kind of arrangement to "collect" the soi dogs, and bring all of them to something like a dog community 🤔🤷 Win win for the tourism and more employees around all of Asia 🌏

[@marklawson8022]

Thank you.. I'll need to take a long overdue look at Pratumnak next week. Are you finding the baht bus useful at View Talay 5D, as that would be my only reservation about your previous area? My mate is in VT 2A, I think.@@runesonne8156

[@rosssagun9402]

Daz, I would like to hear a discussion about purchasing a motorbike and associated costs and the pros and cons.. Thanks for a great channel.

[@everythingPattaya]

I will be buying a new Honda Forza 350 in the New Year, I'll make a video.

[@Entrox2]

I just purchased a new Honda ADV 160... it's easy.. just go to mityon, pay the price of 105k and give them a certificate of residence. And I also purchased an additional first class insurance (theft, accident, fire, flood, etc.etc) for 6k at global insurance pattaya.

[@Entrox2]

​@everythingPattaya try also honda ADV 350. Looks better then forza IMO

[@Bob-hd8dy]

Mityon is a good place to purchase a new bike. I did it on last November. I bought an Honda click 160. It all cost me 64000. I came here for a year. So it was either renting in approx 3000 a month (36000 yearly), or buy your own and sell it after a year in approx 40000-45000. You can calculate the difference. Buying is easy. Show them your visa, pay - and come in few days (some time the next day) to pick up the bike. They do all for you. And… they give you 2 new helmets for free.

[@DanSnyder-n3e]

Am surprised I dont see nice electric bikes@@everythingPattaya

[@thepassman]

Thanks Daz for showing different places and breaking down the costs most will have to consider to live/retire there permanently. I almost thought that white SUV was going to cut you off. So many near misses that must be occurring there daily. I don't know how you do it on a motorcycle?😮😂

[@PaulMartin-ut9lj]

Really informative video again thank you . 🙏. You mention ThaiFriendly at the end. Are they mainly freelancers or there?

[@everythingPattaya]

Yes they are

[@roberth7894]

It's a helpful list, although there are additional expenses such as cell phone, clothing, etc that would add a bit more, still so much better than the West.

[@CheekyMonkey007]

Cell phone is 5th on the chart !!!!

[@Shaun7638]

A general idea,of course you could add things...😂

[@peterkelly5672]

Hi mate when moving over from uk do you just need summer wear or does it ever get cold thanks 😊😊

[@everythingPattaya]

Only ever summer clothes unless you go north to Chiang Mai area

[@BC19572]

Love that one bedroom condo. I've heard that most condo rental pricing is usually negotiable.

[@captainpaddy1524]

A comment about health insurance: As you get older, the cost obviously increases. However, what do you actually need? Let us take a lesson from Offshore cruisers: Their health insurance also tends to be quite high. So, the common practice is to get hospitalization insurance and pay cash for doctors and dentists visits. It is the hospitalization that can break you so cover yourself.

[@johnnielson4341]

Thailand just raised the insurance requirements for retirement and LTR visas. I believe you have to have both inpatient and outpatient coverage.

[@Vidlinetu768]

Looks like retirement in LOS is out of reach for UK pensioners with those figures unless you have a really good private pension to back it up, particularly when being outside of Europe your pension will not be indexed linked, and you will quickly fall behind and unable to live a comfortable life.

[@marklawson8022]

Isn't the trick to have two UK bank accounts so your pension is always paid into one?

[@lessharkboy]

Great video, really helpful info and great for location. What about the Cosy Beach/Rajchawaroon area, is that nice too? 😎

[@StephenMcGowan-ly6of]

Another great video. My mate and I got back from Pattaya on 16/12/2023. Apart from company and lady drinks. Thailand is still a great, cheap holiday. The issue of Thailand taxing foreigners is all everyone was talking about. I'll give you an example. In Australia, we have a compulsory retirement fund called superannuation. It's available from when you turn 60. Depending upon how much you have in the fund, you might not be entitled to a government pension which starts at 68.5 years of age. When you put money into your superannuation fund it's taxed at 15%. If Thailand deems you haven't paid the Thai tax of 35% You could potentially pay an extra $100,000 on your $500,000 retirement savings. Now considering all the various KZbin videos from different creators interviewing tax experts who couldn't give a definitive answer as to what will happen with the Thai tax laws, I'm very glad I'm 8 years off retirement. Because I wouldn't be buying anything or moving to Thailand until you definitely know you're not going to be double taxed

[@littletravelmonkey6727]

Absolutely right.

[@johnnielson4341]

21:35 Interesting that these numbers coincide pretty nicely with the retired income for a Retirement Visa. These numbers are both real and practical. Much more so than the silly "I can live like a King on $1,000 a month" crowd.

[@biodiversity9808]

Where has your music intro gone? I liked it

[@everythingPattaya]

YT just decided after 3 years, that it's copyrighted, which I know it's not, go figure !!!

[@MogShade]

Love the "Optional additional costs - 2000b twice a week" haha

[@Henryx1]

my Question is answered 🤣🤣🤣

[@brendangoodbrand2597]

Enjoy your videos 👍

[@TOP10TVVV]

Great video. What body camera do you use? Is it recording 4k? Awesome quality

[@everythingPattaya]

GoPro

[@gregbaugh13]

Nice Video as always Daz. What was the name of the Condos Vee was showing?

[@everythingPattaya]

Here kzbin.info/www/bejne/jqfSdWhubJZ9e5Y

[@littletravelmonkey6727]

Question guys. As I have noticed on the video, there is almost no pavement for pedestrians, is it safe walking in the street?

[@everythingPattaya]

You have to be careful

[@malin5468]

Condo looks very nice.

[@JeddieT]

Love that 2-bedroom Jomtiem apartment on Soi 6 Daz. Is there anything with that amount of square feet/meters in Pattaya proper?

[@everythingPattaya]

Yes, contact the girls at Alan Bolton kzbin.info/www/bejne/jqfSdWhubJZ9e5Y

[@JeddieT]

@@everythingPattaya …Thanks so much Daz. (Sorry)

[@J.D.Vision]

Very important info to compare here in the U.S. giving us a glimpse on how strong/weaker the U.S.D. is currently abroad.

[@111isok]

Have a great New Year Daz. Yes I self insure now at 66 my renewal was only 40k for 3 million baht but they only pay 100k per hostpital visit. It's hardly worth it with. They try and get out of paying anyway so you could still pay. You not really insured for 3 million that's just so you can get your OA visa.

[@everythingPattaya]

Agreed, Happy New Year, Kev.

[@MiguelGonzalez-py5ud]

Hola señor Daz

[@everythingPattaya]

Hi Miguel Merry Christmas

[@syddharth]

My food expense is what i keep bothering about. Im into the bodybuilding lifestyle and need the chicken+ fish fix, I have to find some basic markets there to buy in bulk. (cooked).. any advice is welcome.

[@everythingPattaya]

Thailand is the place for Cheap chicken, for sure

[@MichaelMaks]

Hi great video , lots of very useful information , BTW how do ex pats spend most of their free time, ......

[@MrGman2804]

I am 60, and the way my funds are structured, I was intending to fund the first part of my retirement from savings. Under the Thai tax rules as I understand them at the moment, this means for every $1000 I bring in, I immediately spend $350 on tax. So to have $1950p/m, I need to bring in $3,000. Well, quite frankly, I am not paying any Government 35% of my already taxed savings, and since I have accumulated my savings over time since about 1981. I can not possibly prove which year I paid tax on them, but savings by definition are already taxed unless they are the proceeds of crime. So all of a sudden, the price of beer is not really a concern. The potential tax you would need to pay to afford the expenditure here is more expensive than even the condo rental. So I will not be spending more than 180days p/a in Thailand. Of course if you have a more conventional pension with a receipt from your countries tax department, this is a relative non issue, but I suspect many will not, and even if they do, they still have to pay a tax accountant to prove it. I hope good sense prevails, because this is a big worry, and anyone not worried either has a pension that is taxed with a receipt or isn't paying attention!

[@mikeh9956]

Thats not how it works, unless you didn't pay taxes on the original funds in your home country.

[@smokinjoe90]

@@mikeh9956 so by providing a copy of the annual tax return that was lodged in ones home country, with taxes already paid there, would that then make any income derived from the home country, not applicable to Thailands 35% tax? tia.

[@binyam11]

Disability don’t get taxed so this means Thai Govt will tax my disability?

[@MrGman2804]

@@mikeh9956 Sadly, it is how it works. I am an Accountant. Lets say in 1990 I earned my salary at my employer. The salary was taxed at source. I paid my mortgage, I paid into my pension fund, I spend a load, and I had some left over which I saved for a rainy day. So if that was the only year I ever worked, all I have to do is get my 33 year old tax return out, and show the Thai authorities this , and the fact I got paid x% interest after tax each year until 2023. Then immediately you can see it gets more complicated. But in fact I worked from 1981 until 2017. That is 36 tax returns, and goodness knows how many bank deposits. But sometimes I took some money out to buy shares, then I sold them, then I put the proceeds back in to the savings. Even this is a massive over-simplification. In real life, my savings comprise thousands of transactions. Also, I don't have tax returns going back to 1981. Then in 2009, I migrated to Australia and changed a lot of assets into Australian $'s. Then I ran this routine in Australia. Then I came back to the UK. I changed it back to £'s. I can not possibly show all of the transactions that comprise my capital. I also have a large house I don't need anymore. So I sell that. That is a large sum, but it isn't income, and in the UK selling your main residence is tax free. It isn't income. It's profit on my main residence. It is capital. But if I brought $100,000 into Thailand they will treat it as income. I did pay taxes every year. I am an Accountant. I worked for Hewlett-Packard and a few others. If you are making an assumption I didn't pay taxes on my capital, you are making a very deeply flawed assumption. I think there are going to be many like me who have accumulated capital over many decades. I have never in my life come across a country that treats cash receipts as income. That is insane. I think a lot of people will not even understand this. They may change it, but unless they do, I can no longer consider Thailand as a viable retirement destination. It will have to be a temporary stop off each year.

[@MrGman2804]

@@binyam11 I don't know for sure, but the way I understand what they have published, any money you bring in to Thailand that has not already been taxed by you home country will be taxed. But that is not advice, just an opinion. You need to get advice, which in itself is a cost.

[@Steven-t9s]

Another excellent video Daz. One thing,how do you get to Cozy beach, I've never been there.

[@everythingPattaya]

Cosy beach is not on this part of Pratamnak, you must go back up the hill to Pratamnak road, turn left, go to the View Point and turn left down Kasetsin road, go straight to the bottom and turn right onto soi 11, go to the end and you will find all the restaurants, Cosy beach steps are by The Chocolate Factory.

[@Steven-t9s]

@@everythingPattaya Ahg it's on a cliff.I know where now thanks.

[@1990-t1j]

I'm not sure one million baht would cover all health emegencies. Pratumnak is the place to live in Pattaya, along with the more expensive Naklua. At least, for me. Seasonal greeting and a Happy New Yeay, Daz.

[@larsandresson3459]

How much you pay self for the food in the mounth when you cooking at home ?

[@edwardpawlak-u3l]

Like your videos

[@glennp4072]

Great vid im moving in 3 years time from uk with misses ,your heath insurance was cheap iv be looking at prices come in at £450 is it better to get it in thialand?

[@pauloinpattaya4677]

Daz - so how much was that two bedroom you showed going for? I moved from central Pattaya to Soi 6 Pratumnak last month and am loving it!

[@everythingPattaya]

25K a month

[@danrich4912]

Hi Daz, is it wise to wait until the low season starts to book a condo or hotel, for the best price? 🤔🇬🇧

[@everythingPattaya]

Yes, after April

[@MrMontana169]

Hi I think your condo price is on the high end as you can get a 1 bedroom for about 8000thb. Visa agent's for your 2nd year I pay 12000thb and as far as the rest of your estimates I think are ok

[@EvgeniyYatsenko]

I miss intro music!

[@everythingPattaya]

Me too, but YT suddenly after 3 years decided it's copyrighted, which I know it's not, but !!! Go figure !!!

[@andrewmckenzie4246]

Thanks for the video. Everyone referred to that market as ‘the Russian Market’ when I was there about 5-6 years ago. Has that changed?

[@CheekyMonkey007]

That was never its name, the correct name is Pattaya Park Night Market

[@andrewmckenzie4246]

@@CheekyMonkey007 It was never its official name, I understand that. But people commonly referred to it as the Russian Market. That’s just a fact.

[@normanstuckey3553]

Have always enjoyed your videos....Any news on Cannibis legislation...ride safe Dez

[@everythingPattaya]

No change with that yet, it's still legal

[@paulhefner2813]

i guess that you never recommend buying when rentals are so inexpensive

[@clrodrick]

The Soi roads you mentioned at beginning are just below Thepprasit Road in Jomtien? Just trying to get my bearings as Jomtien area is still new to me. Oh wait, location of Sauna bar is Phratamnak Soi 6. Geez street names in Pattaya / Jomties so confusing as they are all so similar!!! You got to be a local to get a handle on them all. Regarding health insurance, I thought Thai government required all expats prove they had high coverage policy before they even approved a Thai 1yr retirement VISA? Lastly what was the name of that condo complex that was 15k baht a month? Edit: never mind I see the link to the other video you did. Do they lease by the month? Or by the year? I'm thinking of doing a multi-month stay later in 2024 so definitely looking for a monthly lease instead of paying for hotels the entire time. Did you do a past video on how best to contact local agents to find a suitable place before the trip? Or at least set up appointment to tour a few places when I arrive? I think your budget is reasonable. I was thinking $50/day is definitely doable which is about what you list.

[@everythingPattaya]

Pratamnak and Jomtien are separate areas.

[@clrodrick]

You are correct as always good sir. I keep learning more by watching your videos. Can you comment on the health insurance though? I read that applying or reapply for 1yr retirement VISA each year required proof of high value health insurance now? ​@@everythingPattaya

[@fwnm]

I like your very calm english sounding singsang to explain the issue. The exact opposide of agression and makes me like to listen to. I am planning all you propose. Was saving years and years... I ll start such life with 63 in 5 years. I shall not stop to work the moment I earn the most in my life what will give me a big bonus of save reserves... but also I wont wait forever. I also prepared my wonderful young smart gentle filipina wife that I ll stay 4-6 month per year in new future in Pattaya and Phuket. She trusts me and has reason to do so (no extra 4000 bath extra per week needed ^^). BUT: I think you forgot 2 very important things in your bill and perspective, may be... 1. is about inflation. In 5 years these costs might be doubled or at least that might happen within the next 10 years. Is the pension / savings calculated for that? 2. Global warming. Yes, it does exist and I do not debate with people who tell me that it does not and goasts are in ther bedroom... Global warming might mean for older people some extra stress. 48 C in India in summer are the new real. Will be the same in Thailand soon. But than we will adopt and sit in the pool full of ice cubes all day long... I will chose the colder parts of the year to stay. October to march. March to July Germany is perfect, the rest will be a greek island... I am really looking for all that meanwhile my wife will ask for a 60 day - holyday - job as nurse in future in Germany... young as she is, she will anyway safe enough... hey englishmen, more of such stuff. Like it. Greets from Germany

[@everythingPattaya]

Thanks for your input

[@tomper2204]

What is the % difference in high season to low season cost for one month holiday

[@everythingPattaya]

About 20 to 25 %

[@dennis8224]

Pratumnak is a very interesting area. 2010 i live in the Moonlight Hill apartment same street near the sauna club .you show the apartment in the beginning of the street. for me i still not sure where my favourite area., Pratumnak or Wongamat. But i think Wongamat is more quiet and not so near the action.What you think?

[@everythingPattaya]

I live in Pratamnak, that gives you your answer. LOL

[@LifeMyWay007]

VIDEO IDEA - can you do a video on money? Where/How/When to get cash for your activities, along with a warning you have given before about where Not to use credit/debit cards would be a good addition also. I have been wondering about ATM machines. There are do's and don'ts in picking one to use here in the Philippines, all charge the same international card service fee, some are safer than others based on area it is in, some are safer based on what bank backs it, the safest being ATMs attached to a bank, ect. I wonder the same about money exchangers since a lot of people bring cash with them.

[@everythingPattaya]

Ha Ha good timing, watch the next video

[@nomadic-mind]

I didn't have any issues with the ATMs in Thailand when I visited earlier in the year. Find a debit card like Schwab that rebates fees and you're golden.

[@clrodrick]

Stick with ATMs that are outside actual banks and you should be good. Give a look at the entry slot just in case someone put in a skimmer device. ATMs at 7-11 also seem okay

[@LifeMyWay007]

@@clrodrick Yup, I wasn't asking so much for myself, but for a video to help inexperienced international travelers. Personally, I only use ATMs at top tier banks and Schwab has refunded a few thousand dollars in ATM fees over the last decade or so.

[@clrodrick]

Schwab is great for international travel. I use Bank of America which isn't as great but still get all fees refunded as a diamond reward member so can't complain ​@@LifeMyWay007

[@SteveSmith-zz4ih]

Thank you Daz, i know the tax issue isn't finalised but worst case scenario is i i can't afford it, but how would i be affected if i went on a 12month education visa to study.

[@martypoll]

You become a tax resident in Thailand if you are here 180 days

[@MrGman2804]

This tax thing is a nightmare. If they enforce it as it is at the moment, you have to limit yourself to 180 days. I am worried about it because I was going to come on a retirement visa, but then I immediately appear to be a resident.... even if I stay under 180 days? But I don't really know. I was going to fund the early years of my retirement primarily by using cash savings, which have been taxed, but I have accumulated them over many years, so it is impossible to say this $ was earned and saved in 1990 and this one relates to 2003. It's impossible. I will see how it works out. If you have an overseas income or pension that is taxed in your home country, you only pay the difference, which may not be that much, but it becomes a killer if you are spending savings because all of it will be taxable, including the proceeds of a real estate sale for a house you may have bought 35 years ago! It's insane.

[@hachimaru295]

noticed that condo has a bath if you get a bath every day any idea of the cost approx ???

[@111isok]

1200 baht

[@thaidawg9231]

What's name of the video where you showed this apartment. I really want a 2 bedroom.

[@everythingPattaya]

Watch this video kzbin.info/www/bejne/jqfSdWhubJZ9e5Y

[@MagaMonkeysMovetoRussia]

I like that 2 bedroom. I will be landing on the 8th of january. Do you have information you can give me for that 2 bedroom?

[@everythingPattaya]

Watch this video kzbin.info/www/bejne/jqfSdWhubJZ9e5Y

[@ochenhetree]

Signa has a global policy covers Asia except china

[@ochenhetree]

Good and fair health insurance price

[@davidbrown4271]

What is the name of those units in this video with your 2 girls ?

[@everythingPattaya]

Watch this video kzbin.info/www/bejne/jqfSdWhubJZ9e5Y

[@jeffreypitre5189]

Is the in medical at 4k any good

[@everythingPattaya]

Yes, but you need to be under 60

[@nsmith3143]

Daz, is it possible to get an apartment in Dog Town? The place looks great!

[@everythingPattaya]

Never heard of Dog Town, where do you mean ?

[@Parker392]

@@everythingPattaya I think he means Dongtan beach

[@nsmith3143]

@@everythingPattaya Yes Dog Town Beach

[@Entrox2]

Great video.. thank u. I would add 1000baht for a monthly gym subscription and additional cost for a cleaning maid... u dont come to Thailand to do that kinda work yourself + hair cut 150 baht once a month We need another update for gentlemen clubs... ;)

[@Shaun7638]

A thousand things could be added to the list it is meant to be given has a general costing and pretty close to what Daz spends..

[@111isok]

I think people are worrying about this tax for no reason I reackon it will carry on as normal. If not I'll just spend 7 months elsewhere.

[@littletravelmonkey6727]

When using an agent for your visa, do you still have to deposit 800,000 baht in the bank？ thank you.

[@declan-kr5if]

the agent does that, then takes it back out 🙂

[@everythingPattaya]

No, that's the main reason for using an agent.

[@littletravelmonkey6727]

@declan-kr5if That's what I heard from the Chinese community, I am Chinese national. They indicate that the Thai immigration required 800,000 baht deposit in the bank, at least for Chinese passport holders. They used to be able to pay the agent a fee to obtain a retirement visa without deposit, but said it's not available now. Maybe the Chinese are being singled out. I am not sure of other nationalities. Thank you.

[@declan-kr5if]

@@littletravelmonkey6727 I've talked with plenty of ex pats that have done it recently via an agent

[@littletravelmonkey6727]

​@declan-kr5if Any of those ex pats you talked to chinese?

[@williamtruesdale2665]

Daz thanks for you information coming there in june 30 day vacation to if i like to retire hit me back have questions about 30 day stay in hotels

[@b234543]

i like that condo

[@seriousdoubt]

To be honest, from my first visit to Thailand in February 2016 until now, my experience is that living as a retiree in Thailand is not as cheap as many say, not as happy as many say, and you have to face difficulties through the bureaucracy of the immigration department regularly. The reality is that if you come from a country that is better off financially than Thailand, it is still a good option to retire here. Much better than other Asian countries. What worries me is that when they impose the digital currency in different countries, how will this affect the transfer of money to Thailand and how we will be able to spend it without being checked for every virtual cent. Let's not forget one thing. In all countries under economic development. The foreign pensioner is an easy target and the system sees him as a milking cow

[@davidwalden2887]

Your total net amount seems to be Bt42,000 and then you add Bt2000 to make Bt58,000 , so what is it really?

[@everythingPattaya]

Read the chart again, don't skip the small print.

[@charlesoverton]

What is VISA agent fee?

[@everythingPattaya]

The fee you pay an agent to get your long stay visa

[@paulbexon777]

Great video Daz, very informative. I am thinking of retiring to Thailand but the new tax regs. really worry me. Better to see how it goes before committing. If the Thai government go after retirees they will be shooting themselves in the foot in a big way

[@everythingPattaya]

Wait, the law was aimed at wealthy Thais making money abroad then bringing it into Thailand untaxed. Problem is the expats have got caught up in the mess, wait and see what happens.

[@markwarren4093]

What is the name of the apartment

[@everythingPattaya]

Watch this video kzbin.info/www/bejne/jqfSdWhubJZ9e5Y

[@markjackson8261]

£22 grand a year helth insurance 60 plus, forget it.

[@timlorey3124]

Dax, my name is Timothy. I will be in Pattaya, on the 31 of January. I would like the name and contact information of your Visa agent if your willing to share. I have applied for a tourist visa, but planning to remain a year, but not positive which visa I need to apply for so I need advice. Please help.. also,I have contacted ABPC thanks to you and your videos for help finding a condo in Pratumnak Hill, jJ, there has been helping me. Thank you for you help, Timorhy

[@timlorey3124]

Line is travelingtim

[@everythingPattaya]

Watch this video kzbin.info/www/bejne/aKKuemyJadSpfrs

[@bjornjonsson7061]

I move in there with Vee

[@responding8185]

So just under 20,000 on the high end budget and just about 15,000 a year on the fugal side. 🤔 That beats just about any place in the west you would be in a cardboard box eating cat food and the box would be (finance) In America literally. Hopefully the cost in Thailand doesn’t go much higher than this😮😮

[@Shaun7638]

My budget is 15 k Sterling per year,many do it higher or lower all down to the individual.

[@richardhowe5583]

@@Shaun7638how many USA dollars is that? Thanks👍

[@Shaun7638]

@@richardhowe5583 Hey man it is 19073 dollars..US

[@Wizerud]

@@richardhowe5583about $19k at current rates, maybe slightly less

[@charlesoverton]

I like it.

[@jb_buri]

you can add a few more K's on if you just happen to play golf.........

[@georgeoshust793]

4:25. She's gorgeous!

[@everythingPattaya]

I said you would enjoy it LOL

[@ccrider8483]

You muted the Christmas music at the market, but if they were traditional carols there should not be any copyright problems or perhaps YT is sensitive to any religious music?

[@keithprinn720]

one of my fave tubers stays at what he calld affordable hotels in hua hin at 1600 baht per night and eats at restaurants in bangkok at 2000 for a meal for two all this past week . nowhere near affordable for most Joe.

[@jayjay975]

Whats your view on med insurance vs self insure

[@mikeh9956]

He talked about it. Listen again, Jay.

[@MGTOWgamer]

👍👴👍

[@MrGman2804]

Daz, the video is really useful and it shows a reasonable lifestyle is possible for less than most western countries. However, this new tax law is in place, and is going to mean people have to pay 35% income tax on money brought in. If the money brought in is from the pension fund of the home country, then the ferang just pays the amount over what he has already paid. So, a Brit brings in say £10,000 and lets say he has paid £2,500 tax in the UK and has a P60 showing this. Then he hands the P60 to his Thai tax accountant, and pays the extra £1000 in Thai tax, plus the cost of the tax accountant. However, if the same Brit sold his house back in the UK for say £250,000 and holds the proceeds in cash, and is bringing in say £15,000 p/a to live on, that will be tax free in the UK, so the whole £15,000 will be taxed by Thailand at 35%. That is a bombshell, and I think it is insanity, but that is what Thai law says with effect from Jan 1. This is my understanding. If I am wrong, I would rather hear it from a local specialist than the rumourmill, but I fear I have it right. In my particular case, selling my house to fund early retirement was exactly what I had in mind, so this blows Thailand out of the water, and I think some clarity is needed. Not knowing or understanding does not get anyone off tax, and I can't imagine Thailand is the sort of country you want to be caught out underpaying tax in...😳

[@markadler8968]

There are so many people in the comment section saying don't worry about this and it is not going to be a problem. I disagree. I am in the same boat as you as far as using my home to fund my early retirement. In Canada where I live the proceeds from the sale of your principal residence are tax free as well and I have no interest in giving a foreign country a serious share of my net worth just for the privilege of living there. I will most likely stay under 180 days at a time to avoid these punitive measures and return home for the summers.

[@MrGman2804]

@@markadler8968 Yes, I think there are going to be a lot of people with their head in the sand caught out by an unwelcome surprise when the Thai tax department eventually get round to it. I was thinking of splitting my time between places anyway, but unless they change this law, I will just have to limit myself to spending less than 180 days, which is a complete pain in the neck, because that then affects visa choices. Do I really want a retirement visa because they could argue I am 'fulltime'? I just don't know? So I could end up on extending short term visa's, but then I don't want the hassle of that, so do I just give up and live elsewhere and limit myself to a couple of quite separate 60 day holidays??? It has made a very attractive proposition into a very very unattractive proposition, because I don't want to be spending time ducking and diving through tax and visa hoops. I just want an easy life! 🥴

[@clrodrick]

Best bet is everyone needs to not stay more than 6 months in year 2024 to avoid any unnecessary headache@@MrGman2804

[@robmanabouttown3298]

This is just existing ..... living is hobbies as well like travelling, golf etc etc. This would be very boring after a few weeks never mind months!

[@michaelmartin4366]

You can have a nice life on $5,000.00 USD ( 172,000 baht ) per month. If you can't live on that in Thailand, something is wrong with you.

[@mikeh9956]

I don't see anybody denying that.

[@trickolas78]

OMG. you could live anywhere on that amount!