HOW MUCH MONEY DO I NEED TO MOVE TO THAILAND IN 2023

‪@whyhellotherewithdrmarksabean‬
SO how much money do you need to move to Thailand and try to make a new life?
I know what the government guidelines say,,,, but what if you don't have that much and still want to try starting a life in paradise...
in this video I get candid about cash, investing and shatter a few dreams along the way,,,,,,
again these are just my observations and opinions they're not gospel and by no means are they intelligent!!!!

[@raymondturner9441]

Dr Mark the man who delivers. I asked him to put up prices in pounds as well as dollars, he said he will see what he can do. And bosh the prices are in pounds. A man of his word. Trust the good Dr 555. Ps I'm going to take a chance and use an agent to get the retirement visa. If it goes tits up at least I tries. He who dares wins

[@rockybarrano33]

Yeah….he’s done well…👏👏

[@whyhellotherewithdrmarksabean]

Thanks Rocky

[@whyhellotherewithdrmarksabean]

Hey brother I am a man of the people and a man of my word.... plus I love any idea any help any criticism actually that helps further my channel and makes it a more enjoyable experience for the subscriber.... brother thank you so much for this comment because that just made me feel 100% today... Cheers mate 🍺

[@raymondturner9441]

@@whyhellotherewithdrmarksabean no problem mate abd thanks again 👍

[@whyhellotherewithdrmarksabean]

Cheers mate 🍺

[@andrewmorita8252]

Hi Mark. For me I went the old school route. Stayed and found a career that had a pension plan builtt into the compensation package. Made my money in the west and spend it in the east. I know it was a slow burn and not everyone is built to do the same thing for 30 years. Plus many of the jobs that had traditional pension plans have been rebranded or just eliminated. Todays job market is totally upside down. If your 20-40 years old good luck because your going to have to create your own hustle, if your lucky that hustle will most likely pay for rent, food, utilities, clothing, a car and not much else. Elite greed will at some point create a doomed society. I plan on spending my pension and social security check from both ends of the candle. Maybe i will find a smoking hot Edith Bunker type to share with. Wish me luck folks.

[@DeeKay68]

Make West Spend East! 👍🏼. If no can do….. stay home.

[@kennethboehnen271]

I agree

[@whyhellotherewithdrmarksabean]

the trouble is a lot of people who are making money in the west have to spend pretty much all the money that they make just to survive day-to-day.

[@whyhellotherewithdrmarksabean]

You are 100% correct and bless youbbrother for being one of those people that was able to do that... But as you state now it is incredibly difficult for people to do that not only because nobody's offering that type of security but it seems most people are spending 90% of their paycheck just to get by on a day-to-day basis and that extra 10%, they're blowing on stupid things that they don't need...

[@MoreFormosa]

edith bunker type... 😂 there's a classic reference, that hags voice! 🤣🤣

[@ricepaddyreasons]

The motorbike idea is great 👍. I've seen a lot of guys coming back defeated simply because they didn't plan their finances well. Thanks for providing solutions, Dr Mark!

[@whyhellotherewithdrmarksabean]

hey brother listen I've watched so many people come here and fail because they wanted to be day traders they wanted to be crypto kings they thought that they were going to buy some stupid digital monkey and become rich.... it's amazing how many people think that they can turn on a computer and become an instant millionaire that's not how life works... it's really not and it's so sad to see people wasting so much of their lives and not actually getting their hands dirty... Cheers mate 🍺

[@thehammer3340]

What starts as a dream, quickly turns into a disaster for many unprepared people planning on living in Thailand long term. It's simple, have a plan and enough funds to live a comfortable lifestyle.

[@whyhellotherewithdrmarksabean]

The trouble is a lot of people don't have enough money to live a nice life... they need to start somewhere and they're struggling so hard in their home countries that Thailand becomes an option,,,,. Thanks for watching and commenting Cheers mate 🍺

[@SussexBricklayer]

Makes good mathematical sense, however living in a minimalist apartment without somewhere to keep your motorcycle stock and the need to remain under the radar in terms of working without a appropriate visa , I see it as a very stressful experience. Not to mention that each bike needs the tax/registration updated annually which is done via a government agency meaning they would need to be brought and registered in a Thai name. Don’t misunderstand me, ! I like the idea but there’s a whole world of potential pitfalls. Good luck 🤞

[@picadosinferno]

I guess this is a hypothetical example, most people aren't that disciplined to make this work.

[@whyhellotherewithdrmarksabean]

Hey brother and that is why I said right in the video that you need to find a local Thai person that you can trust..... also believe it or not storage for 5 to 10 bikes here is simple and easy because for the most part they're going to be rented out pretty much full time and wherever you're living you're going to have some motorcycle parking it's everywhere here in Thailand....

[@whyhellotherewithdrmarksabean]

and that's the truth there's very few people that have the discipline the desire to determination and the drive to make this work....

[@matsumotoa.8360]

Great blog. Sounds great for a person on a limited budget. I myself will be retiring with $ 1,200mo. I read that thaiis don't fix their bikes, they buy new ones. So there is a Hugh stockpile of broken trade in bikes that the dealer just junks it. What a waste. I would like to buy a bunch of these and fix and sell it or renting.

[@jnaughten1]

Thanks for the video. I went down the scooter route personally. Currently at 17 scooters in Rawai, coming into our first high season, so a little excited. Hoping to have between 30-50 by the end of 2024. Thanks for doing this video, only found your channel through another persons recommendation, and am really happy I did.

[@whyhellotherewithdrmarksabean]

Hey Jay listen brother if you would like could you reach out to me on Facebook????? Mark Sabean Or LINE travelguy1844 Please and thank you

[@fulltimeforeigner5640]

Hi Mark. Love your videos. I’ve been working as a teacher for the past 5 years and it’s been great. I get paid more than most of my coworkers because the color of my passport. 90% of the teachers here are actually Filipino so being ESL themselves they’re going to take a hit when it comes to their salaries. That being said the teachers I know have great lives here but I am living in Bangkok so it’s probably a little different in the south. To be a teacher here you really need to have an open mind and also have the ability to adapt to change. It’s definitely not for everyone but if you’re interested I wholeheartedly recommend it Especially if you’re a native speaker of English. Cheers mark!

[@whyhellotherewithdrmarksabean]

Hey that's awesome and again as I said in the video I do know that it's a little bit better up in Bangkok.... There is no question that you would get paid more than a Filipino. I applaud you for teaching it can be extremely rewarding I'm happy being a hobo Cheers mate 🍺

[@shauneholliss5380]

I would like to come and teach in bangkok. I’m from England, I will do a tfel course. But I don’t have a degree is that essential. Many thanks

[@fulltimeforeigner5640]

@@shauneholliss5380 technically to be a qualified teacher a Bachelors is required. However most schools find work arounds/loopholes in the rules where teachers are able to teach as long as they are taking classes to work towards their degree. They may use this as a reason to pay you less so keep that in mind. I moved to Thailand after I got might bachelors at the age of 33. I’m 38 now and I’ve been working the entire time with plenty of opportunities to make extra money. I definitely recommend getting your bachelors first but there are plenty of teachers here working without a degree but they’re pretty much all taking classes.

[@tonystark8201]

Holiday and funtime in TH is like having the time of your life... Living in TH as a foreigner is a different story in lot of cases. I stick to holidays and funtime ☺️

[@whyhellotherewithdrmarksabean]

Hey Tony I completely agree with you coming here on a 2 week boo's bar and bar girl Bender is completely different than living here no question at all.....

[@tonystark8201]

@@whyhellotherewithdrmarksabean : That's right, mostly when I go, it's not langer than two weeks. My budget can handle that. But yeah I see many people making that mistake, after visit TH three times or something, they fell in love with the country and want to move there. (Which I understand) But they want to go there so fast that they don't do their homework first and going unprepared. I've seen guys coming back (broke) after while. I'm not saying it's impossible to go there but you have to adapt there and especially when you have a limited budget. There some things you can do to live an easy life, like some of the options you mentioned in your video. Because it's not cool to worry about every dime you spend there, whether it's a holiday trip or long term stay / moving there.

[@whyhellotherewithdrmarksabean]

💯 Also many people make the mistake of thinking they're on a 2 week holiday when they move here,,,, That would bet tiring Nd experience in a hurry I see guys come and fail all the time,,, It's sad really but I see it all the time Cheers mate 🍻

[@soidog154]

Hi Mark not commented for a while your right 100 per cent about payment for girls here, I was dating a 22 year old laos girl at first said she was to young for me I told her to go away, we traveled alot in Thailand lived together for 4 months didn't pay her any money just a few thousand baht and nice clothes, last week she said you pay me 40,000 baht per month I said 20,000 she agreed but she told me I still work bar I was number 4 in her mind and money was number 3 we finished a few days ago she was seeing customers I asked her I could take her out the bar support her and her family as I have money she turned me down and she liked the idea of going with customers so remember bar girls like to be bar girls even I couldn't tempt her out with 40,000 baht a month

[@whyhellotherewithdrmarksabean]

Welcome back brother I absolutely love your handle again as you know it's just perfect... and yes I'm going to tell you something at the end of the day the younger bar girls love being bar girls that's just the truth that's the reality they enjoy going with the customers they love having sex they love getting the money and no 40,000 Baht would not be enough for a young girl because they can make way more than that selling themselves... Isn't that sad

[@soidog154]

@@whyhellotherewithdrmarksabean it is sad people have to relise this most young girls would get bored if you took them out the bar all there friends are there the talk together make food together and people think they are forced to work there and there is no way out I have a nice house everything payed for her no bills and I would have given her 40,000 baht to stay away from the bar seen I've learnt a valuable lesson

[@bareski22]

Just started looking at big t . Love your honesty .

[@whyhellotherewithdrmarksabean]

Awesome mate 🍺 Thanks for subscribing

[@jasonhesseltine3520]

You speak the truth, doctor. I spent a month in Thailand, about two weeks in Chiang Mai, the rest around Bangkok, and with plane ticket, I spent close to $5K USD, and that was doing whatever and going wherever I wanted, your typical farang abroad. I stayed in CM for so long to get a feel of what it would be like to live there long term, once the allure of the 700THB trips up to Doi Sutep wore off. I could work as a teacher if I wanted to. I would want $2K a month *minimum* to start, with a strong bungee cord passive investment income stream steading coming from back home. I think I would have to try really hard to spend any more than that once I had a daily routine, better if you own a condo and save rent expense.

[@whyhellotherewithdrmarksabean]

I truly love Chiang Mai My only trouble is the fact that there's no beach,,,. But crazy affordable... Doi Sutep I love teaching English with definitely be fun up there however I would be very skeptical about being able to make 2000 a month as a teacher in Thailand... If you found a spot mate that's fantastic congratulations Thanks for watching and commenting

[@Jamiebrackenmusic]

Nice one for the Intel brother definitely some food for thought, I think we all just want freedom and to be able to enjoy the fruits of life rather than struggling to the grave, you are giving advice that can assist that in becoming a reality, good on ya.

[@whyhellotherewithdrmarksabean]

Well thank you very much I'm trying my best to show people what is possible because let's face it life is hard man there's no question life is really really hard... Especially if you're living in North America right now Cheers mate 🍺

[@joels1234]

thats a really good idea... excellent videos...

[@whyhellotherewithdrmarksabean]

It is actually Check in next month for see how it's working out Cheers Mate 🥂 Thanks for watching and commenting

[@kohtime]

New subscriber! Very impressed with the quality and presentation of the info you provide :) keep up the great work!

[@whyhellotherewithdrmarksabean]

First off welcome to the channel thank you so much for subscribing and even more so thank you for the wonderful compliment... I'm going to be doing a lot of these videos candid about cash in the upcoming weeks so hopefully you will get something out of each one. again thank you so much for subscribing welcome to the channel I hope you have a blessed day Cheers mate 🍺

[@johnnielson4341]

7:45 One other thing. Thailand has a minimum wage for foreigners. If you are an American, the business has to pay you a minimum of 60,000THB a month to get you a work permit (teachers are lower). Nobody is going to pay you that much unless you have specific skills. And if you get caught working without a work permit they will simply escort to the border.

[@whyhellotherewithdrmarksabean]

Thanks John

[@stevek343]

Please do the future videos that you mentioned, this is getting real interesting 🤔

[@whyhellotherewithdrmarksabean]

Hey Steve no question I'm actually going to be doing a regular weekly series called candid about cash where I'm actually going to give people insight into my life and living here in Thailand how to do it etc etc... Cheers mate 🍺 Thanks for watching and commenting

[@jimsdad3739]

You don't need anyones permission to spend as little or as much as you want on living in Thailand. I've been here 9 years, I've lived on £5k a year (yes) and I've spent more than £35k a year. Depends what you're doing and where you live. It's that simple.

[@whyhellotherewithdrmarksabean]

Hey Dad you're 100% right just like every other dad in the world!!! I actually had a guy who lived beside me that was one of my subscribers he lived on about 7000£ a year And I can promise you this much he was having a whole lot of fun Cheers mate 🍺 Thanks for watching and commenting

[@qztube1225]

Funnily enough, I have been toying with the idea of scooter rentals myself but wrote it off thinking it wont work. Maybe I need to rethink it again, thanks for your video advice and thoughts, always useful

[@whyhellotherewithdrmarksabean]

If you have the hussle the discipline drive and determination it will work ..... Trouble is very few have these attributes.... Thanks for watching and commenting Cheers mate 🍺

[@Brett_n_Alaska]

Been following you for about 4 months and enjoy your vids. Thx for your honest opinions I'm working on retiring next summer

[@whyhellotherewithdrmarksabean]

Hey Brett thank you very much I truly appreciate all the times that you comment on the videos and stuff your support is crucial to the channel's growth... I certainly hope that you get the opportunity to retire here. Thanks for watching and commenting Cheers mate 🍺

[@lucalbert4185]

Good video, and some good ideas....the moto rental sounds solid, but I'm not a sales guy so I'd be panicked. You mentioned a few jobs but farangs not allowed to do any job that can be done by a Thai. Best part of video was you outtake with the bee....gave me a laugh 👍 Keep living your best life and stay safe

[@whyhellotherewithdrmarksabean]

you're 100% right and what I did not say in the video because of the fact that I don't want to insult the kingdom is the fact that there are all kinds of people here working illegally in labor jobs and trust me as a foreigner you don't want to be doing that.... I'm trying to have some fun and add some bloopers into the videos simply to hopefully connect more with people.. By the way I hate bugs

[@nicsnock]

Your videos are always entertaining and informative! Cheers!

[@whyhellotherewithdrmarksabean]

Hey man thanks for the compliment Truly appreciate that Cheers mate 🍺

[@TipsyTraveller]

Another great video Doc. Very accurate information. I am lucky and have a reasonable budget to work with and can afford more. Still I eat cheaply a lot. 100 metres from my condo we can have 2 breakfasts and 2 bottles of water for 100 baht. If you find places like this you can stretch your budget. My monthly budget is around $2600 Aus dollars , around 1700-1800USD and I have more money put away for travel to other places. Keep up the good work!. I must say I did use an agent for my retirement visa. They accompanied me to the crowded immigration office, tapped on a window and someone took my photo and we left. I spent less than 2 minutes in immigration. I call that money well spent,,, Cheers

[@whyhellotherewithdrmarksabean]

That's awesome There are definite benefits to using visa companies my point in this clip was that if you can't afford to move here you probably shouldn't move here... Lol

[@richardperritti5916]

Great video Mark. As the idea of moving overseas from the United States grows, there is going to be more and more people trying it without sufficient money. Me personally, I would not feel comfortable doing it unless I had at least $2,000 a month in guaranteed passive income with $25,000 in the bank. Then with living a similar lifestyle to you there would seem to be no problems and thus peace of mind. If you stay away from the bars and transactional ladies, you would really be good to go. There is a movement in the US called the passport bros. Encourages guys to go overseas to find women/wife. This movement is centered around younger African Americans, but also extends to young white guys, I predict these guys are going to have big problems including financial. First, they are most likely to fall into the hands of the bar girls, message girls and freelancers. Although there will be a number of them with financial means many will not have sufficient recurring income. Going out on a limb to be out of your home country without sufficient funds to get you back to your home country and have the ability to have some place to live when you get back, is really a bad idea.

[@Wizerud]

You could easily do it on way less than $2k a month but it will involve no girls and no beer 😂 Rent you can do easily for 300 a month or less on a longish term lease, food let’s say $15 budget per day puts you at $450 a month so that’s $750 total. Your other expenses in no way should put you past 1k/month so long as you can live with semi-frugal discipline and hope for no emergencies. Obviously if you have a nice buffer above that and some extra in the bank you’d have to seriously eff up to not make it work!

[@whyhellotherewithdrmarksabean]

100% correct you can do it on a lot less than 2,000 a month but 2000 would give you complete peace of mind again you're not going to be partying crazy you're not going to have a bar girl girlfriend or anything like that but you're going to have a fantastic life no question.....

[@whyhellotherewithdrmarksabean]

you're 100% correct and I'm actually going to be touching on this in upcoming videos so please stay tuned for that I'd love to reply to your message right now but it would kind of be counterproductive for my videos that I'm going to be releasing in the upcoming weeks again

[@ToxicTotoro]

I'd increase that "in the bank" figure to at least $100-200k, and that's for a situation such as having to pay blood money for killing a local in a traffic accident (or to pay off the police in order to bail country for whatever bullshit charge and imprisonment one may face). As for passport bros....fucking morons who still haven't learned their lesson. Do not marry, do not breed. Goes for any man anywhere in this day and age. Rent, don't buy.

[@whyhellotherewithdrmarksabean]

again after making a comment such as having a hundred or $200,000 in the bank you really need to watch my upcoming video because you obviously didn't understand this one

[@josephdepetro40]

Very precise & informative content 😊.. this presentation will certainly work for me in a couple of years as I have a Thai partner here in Melbourne...Our go too city will be Hua hin😊.... Keep up the great content & don't give those trolls any fodder too try & attack your great work....😂

[@whyhellotherewithdrmarksabean]

Hey Joseph that's awesome that you already have a Thai partner this business model can flourish if you put the time and the effort show some drive some determination and discipline....

[@johnnielson4341]

2:10 Extra points for you. First, what the visa cheat agents do is deposit 800,000THB in an account in your name that they control, get the paperwork from the bank, then take the money out. Your comment "If you have to do that then you can't afford to live in Thailand" is spot on.

[@whyhellotherewithdrmarksabean]

Sadly so many people try to come in this country the wrong way and those are the ones that fail and lose everything.....

[@wesgraham2262]

He never said that. He said you probably shouldn’t. Having $24,000 that you can drop into a Thai bank account has NOTHING to do with whether or not someone can afford to live in Thailand. If my trust fund and pension give me $6,000 a month but I don’t have $24,000 to drop off and forget about, I guess I can’t afford to live in Thailand?

[@michael-lt2lf]

Great informative stuff Mark, thank you. Sadly for me it's the health insurance that stops me or I'd upsticks and be over there as fast as I could.

[@whyhellotherewithdrmarksabean]

Have you looked into local coverage????? There are some awesome companies and plans here,,,,,, Cheers mate 🍻

[@jocelynvincent3609]

Thanks for the video Mark! Merry Christmas 🎄 ❤ stay safe xo

[@whyhellotherewithdrmarksabean]

Hey j Merry Christmas

[@6StringsTheory]

Thank you for the video, Mark. I am watching every single one of them as a means to educate myself. If I followed this idea and invested in scooters, where would I keep them? Thank you.

[@whyhellotherewithdrmarksabean]

Hopefully you'll watch some of the upcoming videos that I'm going to do that I'm going to call candid about cash.... I'm really going to share a lot of my life and what I've done with people I obviously can't give investing advice because I'm not an expert but I will direct people to experts Also I am going to talk about my own personal budgeting and hopefully people can understand that. Cheers mate 🍺

[@mtcbdth]

You cracked me up with that Mitch McConnell moment there for second😅 Great idea to start at the bottom but it may have some potential risks of accidents and the bikes being broken that can hurt someone with a very limited budget as they can not quite afford to lose the income even from a single bike being out of service. Like to hear about some safer avenues out there. Thanks bro! 🍻

[@stegura83]

More like a Joe Biden or John Fetterman moment. All three of them suck though.

[@whyhellotherewithdrmarksabean]

you're right there are definite risks to it there's no question at all and again I'm not suggesting anybody come here and try this... again as I stated several times in the video I didn't want to discuss legalities or suggest anybody try it all I said was that if I had to come here with only $5,000 I would do this and that's how I would support myself... the tree thing was pretty freaking funny I'll tell you because it was a lot more dramatic in person than it was on the video it's unfortunate that I was filming linear instead of wide Lol always appreciate your support brother and your comments thank you so kindly I hope you have a blessed day Cheers 🍺

[@cidershack2564]

That was a good one Doc, thanks mate.

[@whyhellotherewithdrmarksabean]

talk about and people need to understand....

[@fransbakker6547]

lol that branch coming down, hilarious XD i got elite my friend and I always click on your videos!!!!

[@whyhellotherewithdrmarksabean]

Frans you're definitely one of the rare few that are watching content like mine that can afford the elite visa... if I was living here full-time I would probably think about it but where I don't and I travel so much just the simple visa on arrival is fine for me Or the retirement visa would work Cheers mate 🍺

[@civmartom7705]

I sacrificed my younger years for my retirement stability. It was hard but worth it retired military, retired government job both with pensions. Both carry health insurance overseas. Life is now good but it was a rough time getting here.

[@whyhellotherewithdrmarksabean]

That's awesome man Congratulations Life is sacrifice

[@GlobalGreg]

If you’re only bringing in about $4-500/month… and you have to pay for maintenance.. andyou have to pay a local “partner” I just don’t see how it’s sustainable long term. The bikes would eventually have to be replaced and you’re already living on next to nothing. Now if you have $8-10k to start with, you MIGHT be able to grow it over time so you’re not always living like a pauper. But that still requires you to live on 500 a month for quite some time while you reinvest the small remainder of your profits. It’s not for the week willed, that’s for sure.

[@whyhellotherewithdrmarksabean]

But the problem is the premise of the video is the absolute bare minimum and the bare minimum would be in my opinion $5,000 you can definitely make it work on $5,000. I don't think a lot of people understand just how cheap it is to maintain bikes you can do a full oil and fluid change for less than $6... Full brake jobs are less than than $10 The amount that you would pay your local partner because that's what we're going to call him is going to be so minuscule it's hilarious No question you're going to have to live tight that's why very few people would be able to do this but you certainly could no question at all even with only 5,000. . The biggest hurdle as you alluded to is how many people have the will to do this it takes discipline determination and drive and sadly enough very few people have those qualities anymore.. Cheers mate 🍺

[@GlobalGreg]

@@whyhellotherewithdrmarksabean yeah it’s just such a tight margin. No room for error or unexpected big expenses. Not to mention, I imagine the bike rental business isn’t nearly as busy in the low season. I know I couldn’t do it now in my early 40’s. Maybe in my 20’s but I wouldn’t have had the balls or know how. Anyway, appreciate this and your other vids. Hopefully I’ll get over there one of these days myself. Take care!

[@whyhellotherewithdrmarksabean]

well there's the thing brother don't forget during low season if you have the lowest priced bikes you're going to have yours rented out all the time. Then in high season you're going to be able to rent them for a little bit more.. as for an emergency really the only thing you would have to worry about is somebody back into the bikes but you're taking a deposit for that. most damage that's done can be covered by the deposit that's just the truth unless someone completely totally destroys the bike... my thing is I see so many people come here with a few dollars and they try to do stuff that will not work and they just don't get it... I have watched every single guy that has tried to be a day trader tried to do nft's tried to do crypto all of that stuff I've watched them lose everything that they had and then have to crawl back home begging people myself included to give them money for a plane ticket When if they did something that actually generates income they would have been okay I'm not saying they would have lived like a king but it would have been okay.. but nobody today wants to hustle nobody wants to do anything that's why you have all of these stupid videos on social media going on about how oh you can work but do this side hustle instead it's b*******

[@mauricerobillard612]

Great sound advice as per your usal. Thanks my friend! And you are definitely not crazy. Me moving here was a good sound decision. My pension goes a lot further here. I a smoker and a drinker (not a like a fish mind you) and it's defending more affordable here. ❤

[@whyhellotherewithdrmarksabean]

That's so awesome to hear So glad you're thriving here Cheers mate 🍺

[@CatoTheMuchYounger]

All I can say is I would certainly rent from Dr. Mark's Just-to-Prove-a-Point bikeshop!

[@whyhellotherewithdrmarksabean]

Cheers mate 🍺 Here's hoping I do it just to prove it

[@nwMS777]

Great video. I learned a lot. Thanks Dr Mark.

[@whyhellotherewithdrmarksabean]

I'm glad you enjoyed it thank you for watching and commenting

[@jacobramseyer5275]

This sounds like a good plan. I have been working in Google Ads for the last year and am currently setting up a freelance business. As soon as that's bringing in cash flow I am out of the USA. If anyone has any ideas for different avenues for business other than freelancing sites that would be great.

[@whyhellotherewithdrmarksabean]

That's awesome my friend congratulations because you have a skill set that I obviously do not have... if you're able to make money remotely from your laptop Thailand is one of the best places to do it from... cheers my friend and I hope you get the opportunity to come here and live your best life as well

[@beverlyweber4122]

I lived in Thailand for a year in 2019 and my passive income was roughly $1100 a month. I did it but I feel much more comfortable having a solid income of $1700 a month plus at least $16K USD in the bank, zero credit card balances as well for settling in and for emergencies. A wise man once advised: Always have a bungee cord firmly attached to your home country, just in case!

[@whyhellotherewithdrmarksabean]

💯 I would agree obviously that yes it would be a lot easier and you would feel considerably. Less stress the more income you had,,,, Sadly I'm today's reality a lot of people don't have that opportunity,,,, Yes you can always go back to your home country but what are you going back to????? Thanks for watching and commenting Cheers mate 🍺

[@shiweihu3706]

Thailand is one of those places where it’s literally pay to win. If you’re broke don’t even think about coming here that’s my conclusion but then even if you’re rich and rolling in dollars you can easily lose it all by being that one single desperate guy who’s handing out money to a freelancing girl at places like khaosan or Pattaya. Which means if you’re planning on living here full time 800k baht is just isn’t gonna cut it if you really want to live a comfortable lifestyle here it’s best to save up at least in the Millions of baht cause over here things are unpredictable and everything such as scams can happen to you and it’s really common which is why it’s good to keep your money in separate accounts

[@whyhellotherewithdrmarksabean]

Sadly enough this is completely true I know a guy right now that is burning through well over a million baht a month because he's the type of guy that needs the attention he needs the girls to go with him he is enjoying it he wants to show off it's absolutely insane.... It's so sad to watch Cheers mate 🍺

[@onelovesmokeshop7834]

Nice 👍 information Doc 🙏🏼🙏🏼❤️

[@whyhellotherewithdrmarksabean]

Cheers mate 🍺 Glad you liked it and hopefully you got something from it,,,,,, Cheers mate 🍺

[@TheRealFeechLaManna]

Thank you for yet another well done video. It seems to me an option is to put your skills to good use by creating a company. But what does it take to create a business in Thailand, say if you are a carpenter, or a teacher who wants to start a private school/tuition service, or maybe youre in the contruction business, is anything like that a viable plan? I mean starting your own business (not hustling by renting out bikes but a proper company). Maybe a video idea?

[@whyhellotherewithdrmarksabean]

Hello my Danish Brother,,,, This is a topic I have zero expertise in my friend and am afraid I would not do it justice,,,, I would only get people in trouble Lol This is one best left to the professionals. Hope you understand Cheers mate 🍺

[@vanhalen45]

Guys,...save more than $5000 (before round trip ticket) to ease your mind. Also, I think that maybe a 12 or 18 month sabattical (time limited stint) in Thailand would be better for young folks on a tighter budget. In that time in country,...then soberly make plans for starting a business while in Thailand.

[@whyhellotherewithdrmarksabean]

Yes ideally saving more than 5k would make things easier. However this was about the minimum amount I would try it at ... A lot of people are. Acting like it's easy for the normal person to save 5k Lol It's not

[@johnnielson4341]

4:30 Plus, working in the tourist business is illegal for most foreigners.

[@whyhellotherewithdrmarksabean]

The only true way to do it is to start your own company get all the proper documentations to proper visas and go from there....

[@peskymcnuggets3357]

Hey Mark, just discovered your channel and really enjoy it 👍 My understanding of work is you can’t take a job a Thai can do, wouldn’t renting motorbikes fall into this category? Unless you employ a Thai to run the business this could be very hard to do and like you said finding a Thai you can trust is very hard find.

[@whyhellotherewithdrmarksabean]

Welcome to the channel You're 💯 right You're not supposed to take a job that a Thai can do,,,,, however there are hundreds of foreign workers here in Patong alone working,,, let's say illegally.... Renting motorbikes as a BUSINESS would be acceptable however again as I stated you would need to find a local Thai person that you can trust... Never said it would be easy,,, but it can be done Look I know several guys that are here, have been here and will remain here doing this completely under the table and have had zeros issues . This vlog was actually more about discipline determination and drive than it was about a hypothetical business plan... Thanks for watching and subscribing

[@gaeldesmontagnesnoires1711]

Interesting video.. thx for the effort..

[@whyhellotherewithdrmarksabean]

You're very welcome thank you so much for watching I hope you have a blessed day

[@touchsmith4630]

For me, I don't think you're crazy at all. I think you're good with wonderful advice. And I would love to do what you're saying. And I'm working on boring to come. But I may go to the Philippines or cambodia

[@whyhellotherewithdrmarksabean]

I think you should just do it,,, Find a way and come over as fast as possible Cheers Mate 🍻

[@robertturner216]

I think this is the best idea you have had so far! Pull out 5K and do the case study on your idea. Buy the scooters and put your money making plan into action. Will make great content and even if it doesn't generate the kinda of coin you thought. You sell all the bikes for break even or plus some cash? See where you are at 30/60/90 days in. Lets do this Dr Mark!

[@whyhellotherewithdrmarksabean]

I am going to do it actually I have a few things I need to do first but i will do this to prove it can be done Cheers mate 🍺

[@stegura83]

Thailand Rob from "20 Seconds Thailand" moved to Kamala Phuket with only $4,000 USD. He lives entirely off of PayPal and Patreon support. His subscribers have funded his permanent vacation.

[@whyhellotherewithdrmarksabean]

yes that's 100% true no question I know the story very familiar with it and that's exactly what he has done and what he is doing.. that's awesome for him but I can't suggest that to somebody to come here and try because it takes you so long to get monetized or get enough viewers subscribers that you would starve to death trying to do that.... what he did was after he had a following and he had people donating through his Patreon and PayPal then he moved here to Phuket.... It's extremely hard to pull something like that off. Kudos to him though. Thanks for watching and commenting

[@Marek_Cali]

living off others....not a lifestyle i would like to have.

[@ToxicTotoro]

AI will soon destroy the monetization of YT once it is good enough to produce human-like content where it will not require an actual creator to produce vids. At that point YT has no incentive to pay humans.

[@whyhellotherewithdrmarksabean]

I agree i couldn't do it I have my own personal feelings about it but I'll keep them to myself.

[@whyhellotherewithdrmarksabean]

I'm not too concerned about it,,,, I am pretty sure they'd have to develope a pretty stupid AI program to compete with me,,, Lol Not sure they could find one as dumb

[@dowtingtomas.695]

The biggest issues with the 'bike rentals' plan, in my opinion, are ; damage and the upkeep of your bikes; if you can't do this yourself , thats plenty of money gone. Plus Stolen bikes, and written off bikes. Plus the issue of partnering with any Thai to cover the legality. You cant trust any thai, unless you have known them forever. How do they find this Thai ? Because as soon as you are making good money , a Thai official will drop from a tree .

[@whyhellotherewithdrmarksabean]

Maintenance and upkeep is actually so cheap here it's hilarious.... No one is going to steal a bike,,,,,, they takes copy of your passport when you rentna bike,,,,, Pretty hard to leave the country when you've been flagged for theft. Damage happens that's why you charge a deposit ... As for finding a Thai you can trust,,,, that's an issue for sure but they are here,,,,. Just not in the bars or massage parlors....

[@dowtingtomas.695]

@@whyhellotherewithdrmarksabean I am not talking about cosmetic damage . Bikes get damaged thru poor riding : clutch and engine parts , the things that you likely don't know how to repair, for example . Brakes and tires and chains all cost, oil costs . It is very poor business practice to laugh off very constant and very real expenses ,that will bite you in the ass. I also was not talking about the 'renter' stealing the bike. I was talking about the bike being stolen from the renter . Sure insurance might help you and them , but it means more paperwork and a bike off the road, income down. Rented bikes absolutely get stolen. I am Sure your plan will succeed, but only with serious diligence. It will fall on its ass if taken too lightly. I thinkif you find time ,this would be a cool project to test. Might end up the rental king of SEA.

[@phlipperout]

Hey go for it and do the bike experiments! I would like to retire in the next few years to thailand or indonesia. I can cover my costs for 10 years. Have some idea's for a fun KZbin channel as a hobby.

[@whyhellotherewithdrmarksabean]

I would definitely do the bike business Would be tons of fun Also if you have ideas for a channel why wait???? Get started mate 🍺

[@Oggiwara1]

Thanks for sharing! You forgot to tell your audience that you can either have 800 000 Bath in a bank, or proof of a pension of at least 65 000 Bath a month or a combination of the 2 to get the 1 year retirement Extension(not retirement Visa) on your Non O Visa... So if you can deposit 400 000 Bath and can proof an income of at least 32,500 Bath a month, you're good to go. If your girlfriend ask for support for her self or her family after 3 days, it's a big warning sign! Put up the red flag and move on to the next one. I did not pay any support before we bought a used car together when we got married, and she have never been asked for anything more for her self, her kids or other in the family except for birthday gifts. But they all have good education, good jobs or their own business that goes well.

[@whyhellotherewithdrmarksabean]

Hey thanks for dropping your knowledge here for us I really appreciate that I didn't discuss it because I didn't want to go too far into detail because again I try extremely hard not to talk about visas.... The subject is one that I know enough about to get myself through anything I need but not enough to help people so I try not to talk too much about the visas... Cheers mate 🍺

[@Oggiwara1]

@@whyhellotherewithdrmarksabean 👍

[@jonhobson3592]

For now I’m happy to tick along as I am , my monthly pension & interest covers my monthly expenditure , I’d hate the thought of leaving here 😢

[@whyhellotherewithdrmarksabean]

Hey Jon And that's awesome brother this video was not really for us guys that are retired this was for somebody who wanted to try and move here and start a new life essentially from scratch.... Thanks for watching and commenting Cheers mate 🍺

[@Funkbringer]

I would love to hear more "hussle" ideas for people like us from Canada please. This was a good one - I'm moving to Thailand in the spring of 2024

[@whyhellotherewithdrmarksabean]

No problem I can give you another great idea if you would like.

[@Funkbringer]

@@whyhellotherewithdrmarksabean thank you so much i would love as many as you can fire off my friend 😄

[@GapBahnDirk]

Bike rental is an excellent idea. You are spot on with your advice doctor! I am retired and with all of the financial, social and environmental worries confronting young people, it is a good time to be old. I have a high burn rate with 2 kids in international education and I make a good living from trading options. But...... I have capital and I have five years experience of options trading. A certain temperament is also required to be a successful options trader. I also have dividend income and I still get consulting work from the industry I spent my career in. I have hobbies that I enjoy including riding a couple of classic motorbikes and wild bird photography. I have a condo' in Bangkok and a rural house close to a river and a national park. I can also tell you that I stay away from the touristy areas, preferring rural farmland and national parks. Life is good. As you would say, I am living my best life. 😁😁👍👍

[@whyhellotherewithdrmarksabean]

This is my favourite post I've read in a long time Thank you so much for sharing I am envious of your ability to invest I leave it to a team of professionals back home So amazing to see you're living your best life Congratulations my friend Take care Cheers mate 🍺

[@MoreFormosa]

That's awesome, congrads, you have conquered the puzzle, ultimate life hack 💪🏼👍🏼

[@GapBahnDirk]

@@MoreFormosa Thank you. much appreciated!

[@michaelmmcintyre]

I keep telling my kids that they can take risks and make mistakes up until around age 30 as long as they save 5-10% for retirement, then they have to choose an objectively safe path. If they don’t have a career ironed out already, they’ll have to put further risks on hold for another 25-30 years. There are always exceptions, but we all know those are rare. A shoestring budget for any country is inherently a young persons game. I would never suggest it to anyone over 30 and under 50 without a steady income stream that isn’t earning at least 2-3x of what they need to survive and can afford health insurance. 25 with some money in the bank for a 3-6 month experiment? Absolutely! Over 50 with a pension or investments that yield steady income? Definitely! Everyone else could be derailing themselves permanently and putting their life at risk.

[@whyhellotherewithdrmarksabean]

hey Michael that is fantastic advice that you're giving your children and I certainly hope that they're following through on that fatherly financial wisdom... the stark reality though is that a lot of people in North America are not in your situation or your children situation... I think we can both agree on that. And again these videos are not promoting coming to live in Thailand on a shoestring budget that's not what they're about... They're about hope and possibility. they are saying to someone listen if this is all you have here's what you could possibly do but essentially you have to have discipline determination and drive.. I don't think you have any idea how many people reach out to me on a weekly basis asking me what should they do how can they get rich how can they do this how can they do that it's beyond belief how North American society is not teaching it's children and it's young how to be financially responsible... I am going to be doing a follow-up video to this one Michael and I really hope that you watch it because you sound like the type of guy that I would applaud as a parent. Cheers mate 🍺 Thanks for watching and commenting

[@michaelmmcintyre]

@@whyhellotherewithdrmarksabean Thank you for the kind words. I enjoy your no BS content. It’s an invaluable piece of a network of opinions that give differing vantages, but all have some of the same universal truths. The only reason I imparted the cautious knowledge and advice I listed, is due to making some very poor choices in the entirety of my 20’s. Yet, I still somehow came out the other end with more than I’ll need in retirement. God loves drunks and fools, and I was surely the latter. Keep the content coming and warm wishes on your adventures.

[@whyhellotherewithdrmarksabean]

Cheers mate 🍺

[@marcusedubose4222]

Thanks Mark....your the man!

[@whyhellotherewithdrmarksabean]

I try Thanks for watching and commenting Cheers mate 🍺

[@jonhobson3592]

I said it before I am doing ok on 1000usd here in northern bkk in a , 49sqm condo , rent is 10,000, utilities , phone , wifi , tv , water , electric 2000b , insurance 3000b , food & travel for the rest , all is ok. My gf works so I not give her any baht😊, apart from food & sone clothes / gifts , i have the money deposited in uk , but for now use an agent. Sure , they can ‘facilitate’ for a fee, maybe in the future immigration may tighten the rules , they surely know at immigration that the agents do this ££ paperwork certificate, and many agents have ‘contacts’. If rules changed as I said I could get the money sent over ..

[@whyhellotherewithdrmarksabean]

Awesome!!!! See it can be done

[@MyLifeThai371]

When I lived in On Nut in Bangkok, apartments were 7500 baht/month. In Pattaya, most of the guys I know are paying 5000 baht/month for apartments by Jomtien Beach. So many people think rent is so high, but good deals can be found.

[@brettchun38]

i have actually done the motorbike rent out thing and had planned to get more, found a honest girl that rented them and gave a cut and that was ok until she finished the business pass me onto another guy who she said she trusted then he got screwed by a girl and ended didn't pay me what he owe me so that was that got my bike back and it soured me hard to find people to trust,on the other side i have traded and invested in the stock market and done well and have previously worked as a analyst so it can be done but takes a lot of learning

[@whyhellotherewithdrmarksabean]

so sadly enough the motor bike rentals would have worked however like I said you have to find someone that you can trust.... That's awesome that you're able to do the trading thing but let's face it very few people have that skill my friend or the financial resources to not stress so much on every single transaction

[@brettchun38]

@@whyhellotherewithdrmarksabean true and you can't go Thailand and trade with 5 k too much pressure

[@juliogonzalez4764]

Hobo, I just subscribed and like your motorbike rental idea, except for one thing. I thought that falangs are not allowed to own a business without a Thai partner who owns 51% of said business. Can you please clarify. Love you channel and glad you survived the falling tree. lol

[@stevek343]

I think that's 51 percent of a house and or property a Thai person has to own with you. I guess you can rent a spot out for your business. I was getting a foot massage in Pattaya and I was talking to the lady and she told me the owner of the massage shop was American

[@whyhellotherewithdrmarksabean]

as I stated several times in the video I didn't really want to talk about legalities because there are so many gray areas here that allow business development.... You can apply for a business or commercial visa you just cannot do it from inside Thailand you have to go outside.... I try not to give people any legal advice or VISA advice because I know enough to be dangerous and I don't want to get anybody in trouble that's why I repeatedly said I don't want to talk about legalities and I'm not telling people to do this I'm just saying what I would do.... Coming here and making money is actually quite easy if you're willing to hustle... I really can't say much more than that because I don't want to get myself into any type of trouble I know it's a very vague statement but I hope you can understand why. Cheers mate 🍺 Thanks for watching and commenting

[@jackfrost-fu7hz]

Saw an article today saying rich Russians are flocking to Phuket, are they impacting the area, are cost going up?

[@whyhellotherewithdrmarksabean]

There are a lot of rich Russians coming here to get their money into something before all of the sanctions bite so hard... but quite honestly there's not enough of them here to be affecting the prices I'm going to guess that purchase prices are going up on the larger projects but every day regular prices have actually gone down

[@secretamericayoutubechanne2961]

Most of us Americans have a credit card (5k limit) and I have a debit card with 934 deposited on it a month . So I'm not worried. I'm gonna do 3 months a year. And leave my car here in the U.S. Or I might just stay here, save the $1500 r.t. airfare. How much is a round of golf 18 holes at a nice course? How much is a big Waterpark? DO THEY HAVE BIG INDOOR MODERNE MALLS WITH A/C ??? IM JUST GONNA GO THERE AND BE LAZY AROUND THE POOL😅😊

[@whyhellotherewithdrmarksabean]

yes the malls all have air conditioning they're actually really nice malls so you're not going to have that much concern there how much around a golf cost I have no idea because I'm not a golfer.... Cheers mate 🍺

[@secretamericayoutubechanne2961]

@@whyhellotherewithdrmarksabean Graci ass duder von dudon schein

[@secretamericayoutubechanne2961]

@whyhellotherewithdrmarksabean yah I'm good at 🎱 pool. Sounds great you can meet new friends (male straight bonding) and have a friendly version of females. Sounds Great! Count me in! My appointment to get my passport is Aug 8th. I will only go there in the winter as I hate extreme heat. I wonder if it's getting hotter there too, like Florida, wher it was almost too hot 🔥 when I went there last winter. Im Spoiled . I'm a rich 😎 kid American. I got disability. I'm 44 and good looking a 7

[@secretamericayoutubechanne2961]

If you ever want to do Mexico 🇲🇽 let me know. Thers a channel called liked Tangerine travels or something. Mexico, I could drive my van to, cabo San Lucas

[@whyhellotherewithdrmarksabean]

Cool I won't be going to Mexico any time soon. Lol Been there done that SURVIVED

[@rogermanifold8615]

Hi Doc..... Great subject. Please correct me if I'm wrong, I belive any of the Labour type jobs are protected by law for Thai workers only? Scooter hire would work but may have issue if involved in a accident, any comeback of not being registered as a business and not paying tax could see you locked up in a Thai sardine can for a few years?

[@whyhellotherewithdrmarksabean]

you are correct in that the labor jobs are for the local Thai people however again people can come here and work if they want to it happens all of the time... I didn't want to come right out and say that listen you're going to be working for slave wages because at the end of the day you're going to be working illegally.... Also as I stated a couple of times I didn't want to get too deep into the legalities of the rental business but I did say work with the local Thai person you'll have to pay them some money that way you can have the insurance etc etc.... again I am in no way suggesting somebody comes here and does this I'm just saying that that is what I would do if I was in the situation where I wanted to change my life....

[@user-dg9wm6wt1w]

Great video Dr. Moving aug 2nd to chang mai but if you need a canuck partner I'd move to puket in a alberta minute. Cheers James cochrane alberta

[@whyhellotherewithdrmarksabean]

Hey James that's so awesome brother you're going to love Chiang Mai it is such a beautiful city.. It's so beautiful in fact that I'll come and visit you Cheers mate 🍺

[@bigphill67]

that looks like a sound idea but without a thai bussines partner all i can see is problems work permit, repairs and maintenance although cheap in thailand will eat into any profit, registration of bikes ect cleaning each bike before rental and storage etc etc, plan will work great on any island or tourist hot spot but surely the locals will already have the market so i think your initial investment will need t a little bigger, very intersted in this project and if you do take the plunge will follow with great interest as i to thought of a similar idea but didnt have the time or funds to risk at htis time and finding a trustworthy person to run this project with the skills is easier said than done thanks for sharing really enjoy your vloggs.

[@whyhellotherewithdrmarksabean]

and that's the thing my friend you thought about doing it but you didn't have the funds so what I'm saying in this video is if all you had was the absolute bare minimum of 5,000 US dollars to come to Thailand and try to start a new life..... This is what I would do I will also say this much that you can come here and start renting them out by yourself on Facebook marketplace if you're willing to take that risk. it all comes down to what people are willing to risk I'm not suggesting people do it I'm just saying that if I had to come here and all I had was $5,000 this is what I would do but I'm a survivor I'm not one of these people that would just give up

[@smileoften-ft3hq]

Would like your comment or how you look after this. I am a resident Canadian that visits and loves Thailand. My understanding is if a Canadian is out of Canada more than 6 months in any consecutive 12 months you loose Canadian residency, medical, and tax implications, etc

[@whyhellotherewithdrmarksabean]

You do not lose residency what happens is your Medicare gets suspended if you do not ask for an extension you can usually get a 9-month extension on your Medicare... The tax implications are pretty simple you pay income tax on any and can let you earn as a Canadian So the best way to explain this is for myself I pay income tax even though I'm out of the country I pay Canadian income tax if the government of Thailand ever decided that they wanted to start taxing my income that I generate here in Thailand I would pay them the taxes and pay the rest to Canada... What you do not lose your residency don't worry about that

[@MB-gr6br]

You don't lose anything. Obviously are tax implications because residency and some documents like driver licence or health card get suspended when you are living more than 6 months abroad, but it's not a big issue.

[@passportbro7]

here's the kicker 😲

[@whyhellotherewithdrmarksabean]

Ok,,,,,,

[@timjensen6968]

I thought you were having a McConnell freeze at 19:40

[@SantiSabaiLife]

Matrix glitch 😆

[@stegura83]

More like a Joe Biden or John Fetterman freeze. All three of them still suck though.

[@whyhellotherewithdrmarksabean]

That's hilarious I left that in just because I wanted to I didn't realize it so many people would make the Mitch McConnell reference

[@whyhellotherewithdrmarksabean]

Lol It was an old guy moment what can I say

[@secretamericayoutubechanne2961]

Almost every single swimming pool in the U.S. always has someone in it (during summer) and usually (especially a hotel) is full of screaming children.

[@whyhellotherewithdrmarksabean]

a lot of people have made these comments about the swimming pools behind me when I film but you have to remember I'm going and filming these early in the morning when nobody is there because I don't want a bunch of background noise.... however I will say this much the pools definitely don't get used as much as they should...... Cheers mate 🍺 Thanks for watching and commenting

[@jazlynsaykwa5485]

Why hello there again Dr. Marc - - I believe many or most of the English schools do not hire anyone over 60 years old. I like your idea about renting motorbikes. There are probably some other things that could also be rented out in the same way. How much would you charge me to hang out with you for a week and learn all the things I need to know while living in Thailand? I would think providing A service to the tourists might be more lucrative than other jobs.

[@whyhellotherewithdrmarksabean]

Why hello there how is my absolute favorite commenter doing today??? there are all kinds of things you can do I know one guy here that actually rents GoPros and different camera equipment.... I also know a couple of people that do consulting for people that are moving here... And believe me none of these people have the proper permits Now if you wanted to come and hang out with me for a week and have me teach you the ropes..... For you Free Cheers 🍺

[@JerickDizon-bo2cv]

Hi Mark! What was the first skilled job that you mentioned? Did you say "coder"? Thank you!

[@whyhellotherewithdrmarksabean]

Hey mate yes I said coder,,,, or something along those lines A job that allows you to work remote to do contract work . Cheers mate 🍺 Hope this helps

[@Lifegoal2030]

What? You mean that there is not a plethora of beautiful and rich Thai women lined at the airport waiting for poor expats in their 50’s?😢

[@picadosinferno]

Shocking

[@whyhellotherewithdrmarksabean]

actually Kevin to be honest with you there is a bevy of absolutely beautiful women who are in their 40s and 50s looking for really nice expats in their 50s and 60s.. . You just have to go looking for them but you're not going to find them in a bar or a massage shop

[@whyhellotherewithdrmarksabean]

Shockingly so...

[@kennethboehnen271]

The side hustle gig is fine if a person has at least some baseline income stream to meet basis needs. The side gig money should be used to reduce spending from savings and enhance quality of life, but not as a life raft. Get straight in the west first.

[@whyhellotherewithdrmarksabean]

Well I actually Kenneth that would be perfectly ideal but as I said in the video if you only had $5,000 if that's all you had this is what you could do.... I go on to say that you're going to have to live a very tight life no question at all and you're going to have to put money back into the business to build it up... Again you are right it would make life a whole lot easier but let's be honest this video wasn't made for people that have a bunch of money or a fantastic income stream it was for guys that are dreaming about changing their life and are struggling who could possibly save up $5,000 and give it a try.... Thanks for watching and commenting Cheers mate 🍺

[@journeytomercury7843]

Hi Mark, I think your content is great! It's truly original! I'm seriously contemplating a trip to Phuket in October, and I'm even considering staying for an extended period, maybe more than a couple of months. Your idea of renting a bike as a business sounds intriguing, and I'd love to learn more about it. Is there a way I can contact you directly to get some additional information on this, as well as general info about moving to Phuket? Thank, Alex

[@whyhellotherewithdrmarksabean]

Sure thing bud Facebook me Mark Sabean Or LINE travelguy1844 Email [e-mail]

[@gjban]

Advice worth its weight in gold Mark!

[@whyhellotherewithdrmarksabean]

Thanks Mate 🍺

[@hellouser5498]

Whats best business to open, weed, tobacco, fruit shop, clothing, pharmacy...? None of these strike me as places that make good money, maybe 711 makes tons of money as its always packed.

[@whyhellotherewithdrmarksabean]

well again that's the trouble that's why I did this video because you're not going to open a weed shop here unless you get the proper permits and the proper working visa to do so... also keep in mind that the government subsidies for the cannabis shops do not apply to foreigners so unless you're going to get a local person to be a partner that's not going to happen for you also when those subsidies expire all of these weed shops are going to go out of business cuz none of them are making enough money to survive... you need a crap ton of money to open a 7-Eleven so really that's not pertinent to anybody watching these videos with mine... any type of retail shop such as clothing you need to carry so much inventory that again you're not going to be able to do that on this budget also there's so much competition it's crazy.... point blank the best way to come here and support yourself in the beginning if you have limited funds is exactly what I'm saying in this video Thanks for watching and commenting Cheers mate 🍺

[@ericg9092]

I think it's a great idea renting motorbikes, but I already have questions swirling around in my head. Don't get the good doctor tossed out of Thailand, please! :)

[@whyhellotherewithdrmarksabean]

Lol There's lots of opportunities here... Cheers mate 🍺

[@bouchecaldwell330]

Good Day Doctor.😊

[@whyhellotherewithdrmarksabean]

Why hello there... I hope it's truly a blessed day for you

[@muzungu9625]

To make 1000 USD profit after all expenses you need 20-30 bikes. Thats sounds like headache, 30 old motorbikes on the road every day is nightmare, assuming they are all rented out. You need place to park them, garage...cost $$. How much is insurance per bike, in case its stolen or damaged? Too much work for very little $$$, you could open massage shop and giving massages yourself. I guarantee you be making way more. Literally you got no competition and bike rentals are everywhere

[@whyhellotherewithdrmarksabean]

No mate sorry your math is way off,,, i know guys that are doing it here and you don't need 30 bikes,,,,, you need more than the 5-6 I would start out with ,,,, but again you're starting out,,,,, As for a massage shop, nobody wants me to give them a massage band if you think renting bikes is a hassle,,,, try managing massage girls ... Again the premise of the video is what I WOULD DO IF I ONLY HAD 5K!!! Thanks for watching and commenting

[@philipnguyen3107]

Dr Mark thanks for a wonderful show. A lot of great ideas and information. Plenty of rich middle age thai ladies want foreign man services. I had so much fun.😅💯👍

[@whyhellotherewithdrmarksabean]

Phillip you're 💯 Watch my video coming this called Super Basic white Dudes with beautiful Thai girlfriends

[@philipnguyen3107]

Great looking forward to it. You know the secrets of Thailand. You are a great commodity in this land. In the western world the young women would call 911 if just looking at them . Hello Thailand.

[@whyhellotherewithdrmarksabean]

And I will be touching on Western women in an upcoming video as well you're definitely going to want to watch that one....

[@philipnguyen3107]

@@whyhellotherewithdrmarksabean I would love to see it. Have mercy on them. 🙏🙊

[@MoreFormosa]

Mark new subscriber here. Great buz concept on the scooter/moped rentals. Do you have to be a resident to but and register the mopeds? Is insurance required as well? Thanks from a fellow content maker in the other Tai (Taiwan), though I have a LONG way to go!

[@whyhellotherewithdrmarksabean]

Hey man so sorry I missed your comment somehow,,,,,,,,,,, Yes my friend you would want and need insurance, there are tons of people renting without it, but you'd be crazy not to have it, especially for the cost here,,,,,,,,,,,,,,,,,,

[@ryanserrato4689]

I'm 34 and have the pension requirement covered. How can I get a long term visa to stay in Thailand? I don't want to have to reapply or extend every month or two.

[@willemoudejans7677]

Super dr.Mark. But not for me before i have the money to retired in Thailand.Cheers 🍺

[@whyhellotherewithdrmarksabean]

That's awesome brother.... As I said this video for for people that want to move here but she basically nothing..... Cheers mate 🍺

[@gaeldesmontagnesnoires1711]

I can afford a couple Elite Ultimate Privileges Visas actually .. I'm just frugal.

[@whyhellotherewithdrmarksabean]

that's awesome and if you can life would be 100% easier but at the end of the day let's be truthful and let's be honest very few people can afford them....

[@beardedgoblin7279]

You should do a video on starting the scooter business

[@whyhellotherewithdrmarksabean]

Hey Goblin, I'm actually going to be doing that I just need to find the time. Right now I'm extremely busy with traveling and KZbin but once I get through some things that I have planned I am going to sit down do the motorbike business just to prove that it is possible. Cheers mate 🍺 Thanks for watching and commenting

[@beardedgoblin7279]

@@whyhellotherewithdrmarksabean hell ya I’m excited. I’ll be here watching and waiting. Much love keep up the fantastic work.

[@whyhellotherewithdrmarksabean]

Thanks mate truly appreciate your support. Have a blessed day

[@Uknow2much1]

You forget to mention visas to work and of course work permits and accounts etc

[@whyhellotherewithdrmarksabean]

no I did not forget to mention that as I stated in the video several different times I don't want to talk about the legalities of it. I also was not suggesting anybody do this as a business I was just telling people what I would do if I had to. I know just enough to be dangerous and I'm not going to be sharing visa information immigration information or legal information with people. so hopefully you understand that and appreciate the fact that the video was just a vlog about how to earn money if you're coming here to change your life. That's all it was trust me I didn't forget to talk about the stuff I stated openly I was not going to talk about it. Thanks for watching and commenting

[@bitemenow609]

WARNING:::: Keep your money in your Home country bank... And do Bank to bank transfers, I travel all over the world and your Home bank account CAN get hacked, I am in a Bangkok hotel as I am writing this. ( Heading back to the USA) Some Dope wrote $10,000 worth of phony checks against my account.. It was caught. But they have to close that account out. SO I was stuck in Pattaya with NO access to my money in America. So having money stashed for this kind of emergency is VERY important. Note: My monthly retirement is $3200 which is more than enough, if you are not a drunk idiot.

[@whyhellotherewithdrmarksabean]

Great advice I actually keep 5 accounts Each with a debt card and credit card as you say anything can happen I had a credit card compromised in Chiang Mai and had to cancel it I also lost a credit card in a Machine once So yeah plan ahead!!! Cheers mate 🍺

[@bitemenow609]

@@whyhellotherewithdrmarksabean My Primary and Only large account got hacked. So I have to Bug out... Luckily my credit cards saved me. I wont be back until next year. Maybe the PI or Malaysia after getting things fixed and less venerable. Keep up the good work being a Happy Hobo.

[@whyhellotherewithdrmarksabean]

Cheers mate 🍺

[@louis20122]

Southeast Asian countries are good for retirement unless you work for yourself.

[@whyhellotherewithdrmarksabean]

do you mean work for yourself in the country that you're retiring or work for yourself. Because I actually did work for myself and was able to retire here and I have no pension....

[@timothydorn9114]

So is it deposit 850,000 baht in the bank and have the $2000 monthly income or either?

[@whyhellotherewithdrmarksabean]

Either actually

[@timothydorn9114]

@@whyhellotherewithdrmarksabean good to know. Have my pension. Maybe in 2025

[@shauncooke9837]

Apparently they are changing the rules about the motorbike rental businesses

[@whyhellotherewithdrmarksabean]

I know they have in Bali but we'll see about here Cheers mate 🍺

[@fransbakker6547]

By the way Mark, you are funny talking about buying bikes, mister real estate who never bought his own bike in Thailand! :D

[@whyhellotherewithdrmarksabean]

I bought my own bike or did you miss that I bought a vintage 1964 Vespa 150 I'm having it completely restored I did not bother buying a bike because I'm too transient and I move around too much and it would be just a complete pain in the butt. if I was staying in one area all the time full time I would definitely buy a bike no question at all especially for the prices here

[@touchsmith4630]

I know you're talking specifically now aboutside land but would you recommend this same type of thing if i'm going to live in cambodia

[@whyhellotherewithdrmarksabean]

I would look into Chinese electric scooters that have a vintage look to them Cheers Mate 🍻 Best of luck

[@terryrossidis1428]

I just watched you video and I am interested in the idea. I coming to retire here in patong or pattaya I will have about $2200. Aus a month coming in plus my superannuation. Which is around $200.000 so would like to meet up and have a chat

[@whyhellotherewithdrmarksabean]

Hey Terry I will say this much if you're at the retirement age and you have that much in your super annualization you should be perfectly fine mate as long as you're not going crazy and not partying too much... feel free to reach out to me anytime the best way to contact me is through Facebook Mark Sabean Or email. [e-mail]

[@fr0zen1isshadowbanned99]

By experience, I would not rent out a Pen, let alone a Motorbike xD Well, I don't know how Law enforcement handles a "missing" Bike Situation. I just know that I would have no Idea how to get it back, and would not trust the Police to even report the Bike to the surrounding Cities as stolen. Selling/Trading/Delivering is where I would try to start.

[@whyhellotherewithdrmarksabean]

Here's the thing mate absolutely nobody would rent a motorbike here without taking a photo copy of somebody's passport if the bike goes missing you report them to the police you report them to immigration and they cannot leave the island without being flagged at the airport because their passport has been flagged..

[@fr0zen1isshadowbanned99]

@@whyhellotherewithdrmarksabean Being on an Island and renting to Foreigners would bring down the risk a lot. But if you are not on an Island, and you are not allowed to discriminate against Thai and other Asians, then you surely risking to get People with fake Passports as Customers.

[@whyhellotherewithdrmarksabean]

You most certainly can determine who you wish to rent your bikes to no question at all you have that right.....

[@matsumotoa.8360]

Put a GPS hidden in the bike. Have insurance. Make friends with some police, so,they will be more inclined to help you when things go wrong.

[@hellouser5498]

What abt insurance for bikes, also tyres, breaks, servicing it all adds up? If you coming from westen country and you only have 5k then by definition you are loser back home and there is no hope. I can save 2-3k a month in Australia doing normal job, Uber or security.

[@whyhellotherewithdrmarksabean]

as I stated in the video I understand that there's maintenance on the bikes but it's extremely affordable here yes it's a cost of doing business but I wasn't going to sit there and do a complete cost analysis of the business I was just giving someone an.... Please do not call somebody a loser because they only have $5,000.... if that's the case you're calling pretty much 50% of the people in North America losers because very few people have any savings at all that's just the truth that's the economic reality that people are faced with now.... I don't think people over here have any idea just how hard it is to get by and get anything for yourself in North America... You guys really have absolutely no idea..

[@bobjohnson7441]

Enjoyed the vid. So, I imagine if you've got a guaranteed monthly cash flow of USD 4500 - 5000, you're straight.

[@whyhellotherewithdrmarksabean]

Lol Yeah you're gonna be ok Lol Trust me after a few months you'll be saving 50% of your income amount wondering how you live such a great life on so little,,,, If you have that much get over there!!!!

[@touchsmith4630]

I'm trying to say you're talking about thailand

[@whyhellotherewithdrmarksabean]

I know No worries

[@floridashawn7317]

So $1,900 mo. Is this money you need to transfer to a Thai bank each month or you need to show proof of income? When I retire I won’t have a pension, but I do have some rental income.

[@whyhellotherewithdrmarksabean]

If what you're referring to is the minimum requirement to qualify for a Visa yes you have to show that you were getting that every single month or you have to do a lump sum of 800,000 baht..... Hope this helps Cheers mate 🍺

[@rickylee6129]

Good Video Doc 😊. I will visit Thailand 🇹🇭 but my heart is going to be living in the Philippines 🇵🇭. Stay Safe 💕 💞 🙏 🙏

[@whyhellotherewithdrmarksabean]

Well my friend you have to go where your heart is no question at all but when you do get to Thailand look me up and we'll go have a ice cold beverage on a beach somewhere

[@rickylee6129]

@@whyhellotherewithdrmarksabean ABSOLUTELY 💯

[@Colincarpenter2]

100% correct.. I dabble in Crypto but don't trade, I have EFT's ( not NFT's) and I have apple stock..but I have been working in a Aussie government job which will give me a pension of about $90k a year that that will give me 135,000 baht a month, which will give me a much better lifestyle there than I do in my home country

[@whyhellotherewithdrmarksabean]

That's incredible So you're set for life Cheers mate 🍺 Congratulations

[@Colincarpenter2]

Hi Dr Mark, I have the money I have the means I am just waiting to turn 50 to do it, what my question is, when it comes to renewing the Thai retirement visa each year do you need to still have the 800k in the bank, and if so does it need to be there for a period of time, I am fortunate to have various income streams, so if I just park the money there that is fine , just curious