Every year you have to renew it and they won't cover any new ailment you got in the previous year, it will be a precondition. So if you get cancer e.g., you are f...ed
A year-round healthcare insurance that excludes cancer coverage is not worth having. As part-time travel insurance, why not, but then there are many other options.
I'm currently on Koh Tao,1st time in Thailand.. I met Mike during my 1st breakfast on Koh Samui,a few weeks ago. I was naturally excitable ,whist ppl watching.. What I noticed about Mike was his huge grin ,which got me talking to him.. Directed me on how to purchase a SIM card.. You just can't fake that type of happiness.. Well done ,good luck.
This breakdown of expenses is spot on! Iive down here in Phuket Thailand, my monthly expense is just about the same. I am retired US Military, for me this is my best life and love this beautiful tropical paradise ❤️
Retired expat from the US living on Tland five years. We were in Phuket, but recently moved to Trang, where GF (soon wife) owns a home. Laid back place, few foreigners. Nice people, plenty ro do, grear roads for mcycle riding. And good location for roD trips. We spend around the same. No rent, but travel each month. Eat out most every day. Two cars, two mcycles. Life is great!! Don't miss the US for a minute.
Thank you for your information about living in Thailand I’m Thai , I left Thailand when I was 22 years old to Singapore live there for 8 years and moved to England and now I’m over 50 thinking of going back to my beautiful place that I born 🇬🇧❤️🇹🇭
Same here. I left Thailand for US when I was 22 years old. I am now over 50 years old and retiring next year. I can't wait to return to my beloved homeland 💕
I left for the US when I was 2 years old and now I'm over 50 years old and I am seriously considering returning to the country of my birth for the last part of my life! I will be in Thailand this April to scout out some possible retirement sites.
I live in the UK. If I was you I would pack my bags and head for the airport. The UK, in my opinion, is going down the tube and millions would love to have the opportunity to leave but can't.
Get an appointment at your Embassy coming here. Biggest trouble is opening a bank account in Thailand, will not let a foreigner open without a work permit or existing long term visa. Bank deposit is manditory for a long term, over 30 day visa.
Thx for another interesting video. I’ll visit Koh Samui for one month on January to have my holidays. I found a lot of usefull information on your channel. Have a good day! 👊🏻☀️
As others commented, this is a marginal or minimal lifestyle. Certainly doable, but hardly sustainable. Okay when young and carefree, but what about starting a family etc.? We enjoy our great lifestyle in Thailand, but we definitely spend a lot more than that. In fact, we own a villa in Samui, where we could live "rent-free", so to speak, if we so wanted, but the upkeep of the place costs at least as much as the rent mentioned in the video. Regarding healthcare, there is a hack worth mentioning: foreigners on a work permit can get under the Thai Social Security system, which (while not perfect and certainly not up to European standards) provides excellent coverage for very little cost, with no exclusion and no age-limit. If combined with private insurance with a high excess, this provides an adequate and affordable solution.
The point of the vid was not and is not, you too can come to Thailand, find a girl, and raise a family on 1K/mo. The 1K/mo is the context of his life as of now. Perhaps Chris has another vid on the cost for a family. Lastly, is your villa in such bad shape that your monthly cost to maintain would be $450/mo? Many a friend here in HNL who own a home and who aren't spending that much a month, to include real property tax and homeowners insurance.
I met Mike. Nice guy and cool lifestyle at Samui. Love to live in Samui... amazing Island. I stayed on chewang beach....i enjoyed so much. I really like What Mike is doing....living in dream place with pocket friendly budget.
You could probably live on $1000 USD a month in UK or USA or wherever you come from as well. If you don’t have a mortgage, keep to minimum expenses. Cook at home a meal that lasts for a few days or buy cheap junk food. Like you could get a Domino’s Pizza for $5 NZD where I live.
You said it. If you DON'T have a mortgage. I presume NO rent either. I am in that position and live on £800 a month in the UK. I travel to Asia a few times and have never exceeded a £1,000 a month except for the airfare.
but thailand you live lot better food,weather,healty, house, than UK same money, not need eat junk food newer, and bonus if not like no need cooking newer in home food, all can buy cheapen on the street than cooking in home, and lot lot better food than itself cooking.
Very realistic. I lived on 35k baht a month in Bangkok very comfortably. Beautiful 1 bedroom apartment, high up with a communal pool and gym. Ate out every evening, typically I only eat 2 meals a day (Brunch/Dinner), went out and partied with friends, public transport/Moto taxis everywhere.. I’d say if you can earn 60/80k baht you’ll live an extremely good life, 35/50k a comfortable life.
Bangkok have very expensive live, if you pay 35K/month small 1 bedroom abartement someone thief you lot, normal abartement 1 bedroom cost ewerywere in thailand all city normal rent have 3500-4500 B, around pattaya have many house can rent 2-3 bedroom about own garage,garden,private silent area, 2 bathroom, about 8000-12000 B/month, condo expensive 12000-20k B/month, own house i has build cost 6000$ and no rent, only water and elektric about 3000 B/month. land TAX onetime/year about 70$ food 100-200$/month, i has live many many city many year last 30 year in thailand and abartement not newer has cost more than 4500 B/month. 1 bedroom small room, better rent house or terraced house lot more space many room and own silent live than abartement, 35K B can rent million good big house. lot better live than small dog house(abartement or condo) why Bangkok ? thailand have many many big city and lot cheapen than BKK, etc, udon thani live 8 million people big city but lot lot lot cheapen all than BKK, thailand expensive citys have BKK,phuket,pattaya all stupid tourist citys have super expensive, 5-9X expensive than all other city have.
I just got back from Thailand a couple weeks ago. That trip really felt like a tipping point for me on the question of “What the hell am I waiting for?” So I really love seeing videos like this as I start making plans to stop waiting
Just got here myself, in Jomtien. I came in October, I left October 17th, quit my job 1hr after I landed in Houston. Sold my car, gave the rest of the furniture and stuff to my kids, who could use it. Here I am. I arrived in Thailand on Christmas Eve, Dec 24th. My Christmas present. In my defense I had prepared for 3 years to move to SEA. I was going to go to Vietnam but, situations changed.
I'm asking myself the same exact questions since years and after several trips in Thailand...Unfortunately it's not so easy to quit a job not knowing if things will go right once in Thailand...
The more videos I watch the more you’re convincing me. I think I’ll head out there, break bread with you and get some more details. Thank you for all the pertinent information and great vibes. See you soon! 🍻
Hi Chris, I'm a Torontonian living in Thailand in Bang Phli, Samut Prakan. I'm an ESL teacher and nearly 59! Left a 34 year career in Canadian law earning nearly 100k a year 3 years ago and now earn 39,000 baht monthly and have money LEFT OVER every month, unlike Canada where my paycheck was eaten up every month! Plus, I have government public healthcare insurance for freeeeeee 😂
Super interesting to know. I’m living in Toronto and have about 5 yrs to retirement and thinking seriously of part time or full time living in Thailand. Visited many many years ago and absolutely loved Thailand. Never thought of living there but the cost of living in Canada is getting ridiculous and I’m seeing a lot of people retiring abroad where their retirement funds carry them further. Might have start doing some reconnaissance visits! Cheers!
Great video Chris! I have to agree with some of the other comments though. I have been here for over a month and if you don't want to rent a scooter, transportation is expensive now. I have not been able to take a Songthaw for less than 200 bhat and taxis are 300 baht minimum. That adds up pretty quick. Also, if I am craving a different kind of food than Thai, it is double the prices he is paying. Insurance for me at 57 ears old is $200 per month and my retirement visa averages $100. So overall, $1500 dollars US per month is my budget. My house rent is $215 on Samui in Bo Phut. This budget doesn't even include travel. And I don't drink. Cheers and enjoy Samui!
Good point about Thai food.....Thai food tastes good no doubt....But for the long term, I think a westerners body will begin to reject Thai food over time due to its low nutritional value....So western food will be needed if you stay in Thailand long enough.....Give Mike a few more years and I bet Mike will be wanting western food much more...
Well, I live here in Southern California and have a nice house in a clean suburban neighborhood about 5 miles from Disneyland actually. $1500 isn't even half of my mortgage. Even though my income will dip when I retire in 3 years but SE Asia is the place to be, specifically Thailand. The bang for your buck is unreal! You guys are living many people's dream. Enjoy your retirement my friend...maybe we can meet up in a few years. :D
There we go~ Decent lifestyle, with choices and options. I say it over and over: I lived on $1100 a month for nearly a year. It was remarkably easy. When I return, I'll have income of $1950 a month, and I cannot imagine spending that entire amount since I don't drink coffee or beer.
Thank you so much for sharing. Some people make it seem like $2000 will barely be enough for one person. But knowing my spending habits and frugality, I don’t think I’d need that much…
i dont drink (i always regret it later thats why), dont smoke, i am a minimalist, so i plan to get the cost as low as possible then blow the rest on party girls hahahaha
@@Renovegas6109 I was on a retirement visa, OA, based on my IRA in America. A few more steps to obtain, but I am a widow, did it on my own just following the steps. I opened TWO Thai bank accounts while living in Chiang Mai, just for safety, and I now transfer about $70 a month via WISE to build up the money for the return. I'll be back in Thailand with full social security and a ton of savings for travel.
Currently in Thailand now. Watched a lot of videos and decided to hop around. Thailand is a cool place but I'd 110% choose to live in the Philippines over Thailand.
Why is that? Most people recommend Thailand over PH for better quality of life and better service, such as no electricity outages, better healthcare etc.
@@00_UU yes sure, i has live in PH and move to thailand 15 year before because thailand have lot better live, cheapen, comfortable,better local food, better healt care, life quality lot better, all what you say have in thailand better and lot lot more safety, womans, food, houses, etc. PH have worst place live.
Born and raised in Austin Texas, however, I spent approximately 24 years in the military. My expenses aren't that bad considering my mortgage for a 5-bedroom house with a 3-car garage was likely less than Mike's rent considering my veteran status. Never-the-less, I'm pulling the plug here in Austin and joining you guys in a few years, can't wait.
Amazing Chris! This is one of your best and most informative videos for those of us wanting to move to Thailand. Do lots more please!!! The monthly breakdown of costs, OMG… a fraction of the costs from living in Toronto. Great info. I remember speaking with Haelee, when you guys were in Toronto at the meetup, about less is more and getting rid of “stuff” (even shoes, which we women tend to have lots of!) and it’s so true… We don’t need so many material things. I think we could rent out our condo in Tdot and live quite comfortably in Samui, just on that, but I’d also like to amp up some online income as well. Keep up the amazing work and we hope to see you both again, soon 😊 Clarissa & Scott
@@RetiredWorkingForYou Of course! Also, an idea for a future video... Let's say, every once in a while, you'd like to have breakfast or make a meal at home. What is the comparable cost for say some milk, eggs or some other staple grocery items? Just curious :)
We live in West Austin and yup our expenses are way more than that. Thailand is looking really good. I loved it when I was there for a couple of months in 2000. Looks like they don't have an inflation problem, still similar prices from 23 yrs ago.
The government agreements are to get as many white Americans to move out of the u.s so they can move in there massive minority mega trade agreement. All politics
I lived in a 2 BR 1 Bath house in Pasadena/Altadena California 3,500 a month and this was 9 years ago now I live in my RV between lot rent and power it's like almost 800 a month!!! Plus I love the Thai women!!! and the food I am on my way!!!
Not accumulating a bunch of useless crap that you can't take with you to the grave. It took me 50 years to figure that out. My hats off to that young guy who has that figured out already! LESS IS MORE! Good video. 👍🇹🇭🏝️💰
I am living a similar style like Mike. But I am in Pattaya. Surprisingly the prices are almost exactly the same here .Before everyone judges, I don't live in area that most of tourist and crazy party activities happen. Haha. It's similar to Mike's life except that it's not as rural as the islands which is what I like, because I can easily travel to Bangkok or any other countries because of the location. I just like the balance between city and nature life. But everyone is different. But I can totally feel the same satisfaction just like Mike being a digital nomad in Thailand :)
very much working towards this.. especially hitting the big 5.0 next yr and eligible for a retirement visa... currently and passed based in VN but sadly they just dont have the infrastructure and long term visa options that Thailand has... so now very much looking at the move to Thailand in the next couple yrs..
Thanks for working for us... Your videos are part of my arsenal of UA-camrs that motivated me to come and return back. Now we are here and youtubing as well. Thanks very much🌄
I just got back to the US and the not in Thailand depression hit before I even left Suvarnabhumi. 😢. I laughed on entry when customs/border officer asked why I loved Thailand so much..a question only someone that’s never been to Thailand would ask.😂❤️🇹🇭🌶 great video , gives a priced out idea of what could be done on a small budget!
iykyk....my friends who never been also dont get it...the people..the food and the simplicity of it all...i love thailand..im in pai right now and am heading home in 4 days...the depression is HERE
@DigitalNomadVentures you're video was awesome. I just joined with Chris on his site as a BOD and now following you. I'm coming to Thailand in March and hope to move there there eventually
I know what you mean bro. Been back 3 months now and the depression was real. Something that helped me was booking my next trip. Got a couple weeks left until I go back.
I have a girlfriend living in Chiangrai, Thailand. She earned around $900/month. After taxes etc., she brings home (Net) only $700/month. This may not make her rich. But she was able to rent a place by herself and own a pretty nice size new car (Honda). I visited her almost once a year (except the lockdown last few years). To me, she seem to be doing okay with this salary.
What almost no one in those interviews says is how much they really spend for their girlfriends/wives, especially when they are Thai. It's at least 300 bucks more on the average. So with health insurance and perhaps, if your older, some meds which you have to pay for yourself, 1500 are more realistic.
Correct point. With visa and health insurance make that 2.000. if you have kids and you want to spare them the ridiculous public schools here then you rather need 3.000. And btw, there are other costs, like a laptop, camera equipment, a flight home from time to time etc. which have not been factored in here.
How about adding real life too: Cost of supporting a cute n sexy girl AND family. Eating street food, using car and motorcycle, the odd naughty massage, bribbing officers at immigration so you can stay here retired, etc. Etc.
@@selfhealingacademy $2000 USD is still verrrrry cheap! My kids are grown and a vasectomy will ensure no new brothers/sisters. I'd recommend buying electronics here in America and bringing them with you and with the money you'll save you can fly back home for holidays, birthdays or whenever you want. You should never be living on your entire income. You always need to be saving some money each money to bug out if needed or other emergencies.
Great video as always. Nice to see you and Mike hanging out. I’m looking forward to connecting with you guys in April in Samui! I’m going to pick up your app today. Thanks for the video!
2016 koh Samui for 2 nights. In July. It rained a lot! Fun though. Great food. Stayed in Nathon the whole time. Next time will venture further! Went to koh samui because of the movie Meet the Parents!
Holy Cowq 324k Subs. I remember when you were at 2k. Nice! I just left Houston, TX and arrived in Jomtien. 100% on his take. I retired though, inspired by You!
It’s been a dream to live in Thailand, particularly Samui. First visited Bangkok in 2006 and try to get back as often as possible. The culture, people and life outlook is so so good for the soul. Gotta just make the move happen sooner rather than later. Yay & shout out to Chris & Adam - your content and stories put a smile on the dial and make me want to turn the dream into reality!
Another great Vid Chris. I know you've talked about visas before, but it'd be great to go on an actual (video)Visa Run, step by step, with you or Adam. The varients are still a bit confusing to me. Cheers!
One of the best videos I have see breaking down monthly costs and the other was one you posted a while back. I'm paying 7 times that per month to live in San Diego. Rents here are astronomical!
Great Vlog!! Interesting to see the cost of living comparisons. I live in San Diego, California and our cost of living is about 2-3 times what he was paying in Austin, Texas.
Awesome video Chris!!! This is by far the best video in terms of the cost of living in Thailand; especially, Koh Samui! We were just there & we sure fancy living the first 6 months of moving there in 2 years time! Thank-you for posting this fantastic vlog🙏🏼🙏🏼🙏🏼😘
Oh my gosh, that trip tip from Mike about flying from BKK to Surat Thani to save some money was golden. Chris, you are such a fantastic and engaging host.
Thanks for doing this video and I’ve been looking at some of your other videos as well. I’m going to Thailand shortly and staying for a month to pave the way for my husband and I to spend more time there next year and in the future. I’m curious about what type of visas these remote workers are on? It would be great to see some videos/interviews about that aspect of moving to or spending more time in Thailand. Thanks again for spending the time putting these videos together. I’m a videographer myself and understand how time consuming the process albeit a lot of fun. All the best 😊
THANK YOU FOR MAKING THIS AWESOME VIDEO! The questions & answers were all incredibly succinct & comprehensive.👌👌 This definitely puts living in this particular part of the country into perspective, with a completely itemized budget that's a terrific & useful reference. Oh yeah, what fees/costs are typically associated with a Visa that someone should factor? THANKS AGAIN!
Thanks for your comment! Visa costs really vary depending on which type and whether you do it yourself or hire a visa attorney. The new 10-year LTR visa, for example, is 50,000 Baht or roughly $1500 plus processing fees. Other visas are cheaper. Lots of information available online.
👋🏼Hello Chris! Awesome video! It’s not hard to live in thailand cheap by no means! We love thailand so much and it’s funny when people ask do you fell scared or have you ever gotten sick in Thailand? The answer is always “No! Thailand is an amazingly beautiful place with very friendly people and delicious food!” We also always say it’s highly recommended that everyone go at least once to thailand and experience it for themselves! 🍻cheers🍻♥️🇨🇦
Expat 🇬🇧🇺🇲 lives well in 🇨🇴 Colombia on $1200 a month ..$350 nice apartment..average meal 13,000 cp $4 Great Food Nice area Safe..Good Amenities US 4 hours away . Most importantly NO TOURISTS 👍
@@patrickglennon7058 who want colombia if thailand have 100Xbetter country live, 350$/month abartement have super expensive, thailand you can rent big house own garden,pool,garage, many room can live lot better comfortable this money. or rent condo this money have many 1 bedroom small condo only,
If he cooks his own food would be cheaper? and healthier as well, since Thai food has a bit of too much sugar on it. One day Iam going to retire in Thailand, hopefully soon.
@@stevenhull5025 i live own house countryside 10 mail far at big city and im not live than local ,only same than home i living before, last 10 year live cost about 700-1000$/month. all have hat i need and live comfortable eat falang food and thai food when want. many new hobby have and enjoy life. lot better life quality than home country has newer. all have what want or need.
@@AbroadInThailand the old equipment from back in the day was so much better. Steel plates are way better than the modern day plates at the commercial gyms now. Nothing like being able to cool off in the ocean after a long workout without air conditioning.
I would argue with this budget, unfortunately it won t be enough for a normal month living in there… breakfast lunch dinner you definitely need more money, as you want to drink something with your meal and sometimes we foreigners want to eat western food too. Insurance and visa fees? Shopping would also costs more. Scooter, well hard to find it for 3000 baht, and I think need to spend more for gas too. A night out for 500 baht is nearly impossible.. although possible to do live here on this budget, but it won t be an island dream life. Without eating out and without travelling much is possible. Also if the Thai girlfriend got a scooter, as in my case, don t even have to rent one, but had to fix that costed 4000baht😀 there is always something extra to spend..
I think is easily possible, depense on how high your needs are. I was there for almost 2 weeks during my travels and I easily could live there under 33 Dollar a day, also with night outs and eating in restaurants every day (2x). Still had a great time
2:54 I remember asking that exact same band to play Green Day Basket Case this past summer in Chaweng. They knocked it outta the park! This kind of budget is surprisingly easy to maintain even on an island where things are just inherently more expensive than the mainland of Thailand. You just need to be careful of the trap where you may reason that spending a little more than being at home in the west will get you luxury comforts (ex. seaview villa) but in the end you're still just paying more than you need to. I am curious as what health insurance Mike is using. No offense Chris but SafetyWing is "okay" if you are a very healthy person plus it's heavily sponsored. I'd be curious to see what are some good local Thai insurances that foreigners with existing health issues can reasonably afford?
Here is the link to my Health Insurance Provider. Click and find out how much it would cost for you... bit.ly/3lZau6v
I enjoyed the video, keep them coming eh! The problem with health insurance providers here in Thailand is most of the have a cut-off at 69 years.
Yes. The insurance link you provided only takes you up to the of 69. I’d like a link to older ages, including much older ages
Every year you have to renew it and they won't cover any new ailment you got in the previous year, it will be a precondition. So if you get cancer e.g., you are f...ed
@@markw3267 I want to move to Austin Texas. It's much cheaper there .
Especially the villas $1700/sqm only
A year-round healthcare insurance that excludes cancer coverage is not worth having. As part-time travel insurance, why not, but then there are many other options.
I'm currently on Koh Tao,1st time in Thailand..
I met Mike during my 1st breakfast on Koh Samui,a few weeks ago.
I was naturally excitable ,whist ppl watching..
What I noticed about Mike was his huge grin ,which got me talking to him..
Directed me on how to purchase a SIM card..
You just can't fake that type of happiness..
Well done ,good luck.
Awesome! I remember meeting you of course. Not much to be unhappy about living in paradise. Enjoy Koh Tao. Hope to see you around. 😁
This breakdown of expenses is spot on! Iive down here in Phuket Thailand, my monthly expense is just about the same. I am retired US Military, for me this is my best life and love this beautiful tropical paradise ❤️
That retirement goes a LONG way in Southeast Asia!
@@glb_tvlr Yes very much so 😊
I just subscribed to your channel. Looks like some good times.
Retired expat from the US living on Tland five years.
We were in Phuket, but recently moved to Trang, where GF (soon wife) owns a home. Laid back place, few foreigners. Nice people, plenty ro do, grear roads for mcycle riding. And good location for roD trips.
We spend around the same. No rent, but travel each month. Eat out most every day. Two cars, two mcycles.
Life is great!! Don't miss the US for a minute.
Thanks so much for the opportunity! I couldn't be happier with the finished interview! 🎥😎😁👏
Thank you for your information about living in Thailand I’m Thai , I left Thailand when I was 22 years old to Singapore live there for 8 years and moved to England and now I’m over 50 thinking of going back to my beautiful place that I born 🇬🇧❤️🇹🇭
Same here. I left Thailand for US when I was 22 years old. I am now over 50 years old and retiring next year. I can't wait to return to my beloved homeland 💕
I left for the US when I was 2 years old and now I'm over 50 years old and I am seriously considering returning to the country of my birth for the last part of my life! I will be in Thailand this April to scout out some possible retirement sites.
I live in the UK. If I was you I would pack my bags and head for the airport. The UK, in my opinion, is going down the tube and millions would love to have the opportunity to leave but can't.
Just 3 months until me and the wife move to Thailand , it's content like this which has made us go for it , so thanks Chris and maybe see you around
Godspeed to 🇹🇭
Get an appointment at your Embassy coming here. Biggest trouble is opening a bank account in Thailand, will not let a foreigner open without a work permit or existing long term visa. Bank deposit is manditory for a long term, over 30 day visa.
@@thebangkokconnection4080 You can usually open an account at Bangkok Bank without a work permit.
Thx for another interesting video. I’ll visit Koh Samui for one month on January to have my holidays. I found a lot of usefull information on your channel. Have a good day! 👊🏻☀️
Awesome. I hope you enjoy your visit to Koh Samui!
As others commented, this is a marginal or minimal lifestyle. Certainly doable, but hardly sustainable. Okay when young and carefree, but what about starting a family etc.? We enjoy our great lifestyle in Thailand, but we definitely spend a lot more than that. In fact, we own a villa in Samui, where we could live "rent-free", so to speak, if we so wanted, but the upkeep of the place costs at least as much as the rent mentioned in the video.
Regarding healthcare, there is a hack worth mentioning: foreigners on a work permit can get under the Thai Social Security system, which (while not perfect and certainly not up to European standards) provides excellent coverage for very little cost, with no exclusion and no age-limit. If combined with private insurance with a high excess, this provides an adequate and affordable solution.
The point of the vid was not and is not, you too can come to Thailand, find a girl, and raise a family on 1K/mo. The 1K/mo is the context of his life as of now. Perhaps Chris has another vid on the cost for a family.
Lastly, is your villa in such bad shape that your monthly cost to maintain would be $450/mo? Many a friend here in HNL who own a home and who aren't spending that much a month, to include real property tax and homeowners insurance.
Great video Chris, I'm coming out for 6 months, only 3 weeks until I get on that plane from the UK
Mardi gras season in Australia 🤪. Good luck to you..
Go one way. You don't want to come back beginning of winter.
@@stevenhull5025need to show onward ticket
I met Mike. Nice guy and cool lifestyle at Samui.
Love to live in Samui... amazing Island.
I stayed on chewang beach....i enjoyed so much.
I really like What Mike is doing....living in dream place with pocket friendly budget.
It was nice meeting you in Bangkok! Thanks for the support! Hope you get a chance to visit Koh Samui again soon.
You could probably live on $1000 USD a month in UK or USA or wherever you come from as well. If you don’t have a mortgage, keep to minimum expenses. Cook at home a meal that lasts for a few days or buy cheap junk food. Like you could get a Domino’s Pizza for $5 NZD where I live.
It is a lot. I am sure you can live cheaper
You said it. If you DON'T have a mortgage. I presume NO rent either. I am in that position and live on £800 a month in the UK. I travel to Asia a few times and have never exceeded a £1,000 a month except for the airfare.
but thailand you live lot better food,weather,healty, house, than UK same money, not need eat junk food newer, and bonus if not like no need cooking newer in home food, all can buy cheapen on the street than cooking in home, and lot lot better food than itself cooking.
This is one of the greatest breakdowns/interviews I've ever seen on UA-cam!! Detailed and realistic.
Appreciate that
I agree and for those that don't believe it, BELIEVE IT!
How is it realistic. 2700 subscribers on UA-cam can’t generate 1000 a month
@@mikedezo424 There are other jobs besides UA-cam, champ. Get your knowledge up!
He should list them then, champ.
Very realistic. I lived on 35k baht a month in Bangkok very comfortably. Beautiful 1 bedroom apartment, high up with a communal pool and gym. Ate out every evening, typically I only eat 2 meals a day (Brunch/Dinner), went out and partied with friends, public transport/Moto taxis everywhere.. I’d say if you can earn 60/80k baht you’ll live an extremely good life, 35/50k a comfortable life.
That's awesome. Good for you!
Actually 35k to 50k baht/month is extremely good life, if you don't have to pay rent or your home/condo has been paid off.
How much is that in US dollars?
@@denisechappell5824 $1000 - $1500
Bangkok have very expensive live, if you pay 35K/month small 1 bedroom abartement someone thief you lot, normal abartement 1 bedroom cost ewerywere in thailand all city normal rent have 3500-4500 B, around pattaya have many house can rent 2-3 bedroom about own garage,garden,private silent area, 2 bathroom, about 8000-12000 B/month, condo expensive 12000-20k B/month, own house i has build cost 6000$ and no rent, only water and elektric about 3000 B/month. land TAX onetime/year about 70$ food 100-200$/month, i has live many many city many year last 30 year in thailand and abartement not newer has cost more than 4500 B/month. 1 bedroom small room, better rent house or terraced house lot more space many room and own silent live than abartement, 35K B can rent million good big house. lot better live than small dog house(abartement or condo) why Bangkok ? thailand have many many big city and lot cheapen than BKK, etc, udon thani live 8 million people big city but lot lot lot cheapen all than BKK, thailand expensive citys have BKK,phuket,pattaya all stupid tourist citys have super expensive, 5-9X expensive than all other city have.
I just got back from Thailand a couple weeks ago. That trip really felt like a tipping point for me on the question of “What the hell am I waiting for?”
So I really love seeing videos like this as I start making plans to stop waiting
No time like the present moment! 🙌
I pulled the trigger. Selling off the last of my stuff. I'll be in Thailand next week!
@@muprock Great to hear, mate. I hate seeing people languishing.
Just got here myself, in Jomtien. I came in October, I left October 17th, quit my job 1hr after I landed in Houston. Sold my car, gave the rest of the furniture and stuff to my kids, who could use it. Here I am. I arrived in Thailand on Christmas Eve, Dec 24th. My Christmas present. In my defense I had prepared for 3 years to move to SEA. I was going to go to Vietnam but, situations changed.
I'm asking myself the same exact questions since years and after several trips in Thailand...Unfortunately it's not so easy to quit a job not knowing if things will go right once in Thailand...
The more videos I watch the more you’re convincing me. I think I’ll head out there, break bread with you and get some more details. Thank you for all the pertinent information and great vibes. See you soon! 🍻
Hi Chris, I'm a Torontonian living in Thailand in Bang Phli, Samut Prakan. I'm an ESL teacher and nearly 59! Left a 34 year career in Canadian law earning nearly 100k a year 3 years ago and now earn 39,000 baht monthly and have money LEFT OVER every month, unlike Canada where my paycheck was eaten up every month! Plus, I have government public healthcare insurance for freeeeeee 😂
Super interesting to know. I’m living in Toronto and have about 5 yrs to retirement and thinking seriously of part time or full time living in Thailand. Visited many many years ago and absolutely loved Thailand. Never thought of living there but the cost of living in Canada is getting ridiculous and I’m seeing a lot of people retiring abroad where their retirement funds carry them further. Might have start doing some reconnaissance visits! Cheers!
Great video Chris! I have to agree with some of the other comments though. I have been here for over a month and if you don't want to rent a scooter, transportation is expensive now. I have not been able to take a Songthaw for less than 200 bhat and taxis are 300 baht minimum. That adds up pretty quick. Also, if I am craving a different kind of food than Thai, it is double the prices he is paying. Insurance for me at 57 ears old is $200 per month and my retirement visa averages $100. So overall, $1500 dollars US per month is my budget. My house rent is $215 on Samui in Bo Phut. This budget doesn't even include travel. And I don't drink. Cheers and enjoy Samui!
Good point about Thai food.....Thai food tastes good no doubt....But for the long term, I think a westerners body will begin to reject Thai food over time due to its low nutritional value....So western food will be needed if you stay in Thailand long enough.....Give Mike a few more years and I bet Mike will be wanting western food much more...
Well, I live here in Southern California and have a nice house in a clean suburban neighborhood about 5 miles from Disneyland actually. $1500 isn't even half of my mortgage. Even though my income will dip when I retire in 3 years but SE Asia is the place to be, specifically Thailand. The bang for your buck is unreal! You guys are living many people's dream. Enjoy your retirement my friend...maybe we can meet up in a few years. :D
There we go~
Decent lifestyle, with choices and options.
I say it over and over: I lived on $1100 a month for nearly a year. It was remarkably easy.
When I return, I'll have income of $1950 a month, and I cannot imagine spending that entire amount since I don't drink coffee or beer.
Thank you so much for sharing. Some people make it seem like $2000 will barely be enough for one person.
But knowing my spending habits and frugality, I don’t think I’d need that much…
i dont drink (i always regret it later thats why), dont smoke, i am a minimalist, so i plan to get the cost as low as possible then blow the rest on party girls hahahaha
@@pete531then 30000 baht a month extra for girls 😂
Is it hard to keep a visa. Heard about a visa run every month
@@Renovegas6109 I was on a retirement visa, OA, based on my IRA in America. A few more steps to obtain, but I am a widow, did it on my own just following the steps. I opened TWO Thai bank accounts while living in Chiang Mai, just for safety, and I now transfer about $70 a month via WISE to build up the money for the return. I'll be back in Thailand with full social security and a ton of savings for travel.
Currently in Thailand now. Watched a lot of videos and decided to hop around. Thailand is a cool place but I'd 110% choose to live in the Philippines over Thailand.
Why is that? Most people recommend Thailand over PH for better quality of life and better service, such as no electricity outages, better healthcare etc.
@@00_UU yes sure, i has live in PH and move to thailand 15 year before because thailand have lot better live, cheapen, comfortable,better local food, better healt care, life quality lot better, all what you say have in thailand better and lot lot more safety, womans, food, houses, etc. PH have worst place live.
2 of my favorite Thailand UA-camrs together!!!!!! Love it!!!!
Born and raised in Austin Texas, however, I spent approximately 24 years in the military. My expenses aren't that bad considering my mortgage for a 5-bedroom house with a 3-car garage was likely less than Mike's rent considering my veteran status. Never-the-less, I'm pulling the plug here in Austin and joining you guys in a few years, can't wait.
Godspeed!
Amazing Chris! This is one of your best and most informative videos for those of us wanting to move to Thailand. Do lots more please!!! The monthly breakdown of costs, OMG… a fraction of the costs from living in Toronto. Great info.
I remember speaking with Haelee, when you guys were in Toronto at the meetup, about less is more and getting rid of “stuff” (even shoes, which we women tend to have lots of!) and it’s so true… We don’t need so many material things. I think we could rent out our condo in Tdot and live quite comfortably in Samui, just on that, but I’d also like to amp up some online income as well.
Keep up the amazing work and we hope to see you both again, soon 😊
Clarissa & Scott
yo guys, thanks for the nice comment and memories of toronto meetup!
@@RetiredWorkingForYou Of course! Also, an idea for a future video... Let's say, every once in a while, you'd like to have breakfast or make a meal at home. What is the comparable cost for say some milk, eggs or some other staple grocery items? Just curious :)
@@RetiredWorkingForYou hey, what about nursing homes in Thailand for expats? Are they any good, cheap?
He was just a minimum wage worker back in Austin Texas. That is why he prefers to have a better life in Samui.
Partially correct. This is one of the many reasons why I prefer life in Samui.
Thank you! Few of us backpackers are still watching you too
Would love to see a similar videos at different budgets. Maybe one with $2000/$3000/$4000/$5000 a month to see the differences.
normal retiree peoples income not newer have more than 1000-2000$ but rich peoples have lto lot different live.
I would also like to see those as that is the price range we plan on living.
Great idea.
We live in West Austin and yup our expenses are way more than that. Thailand is looking really good. I loved it when I was there for a couple of months in 2000. Looks like they don't have an inflation problem, still similar prices from 23 yrs ago.
It's designed to not have an inflation problem
The government agreements are to get as many white Americans to move out of the u.s so they can move in there massive minority mega trade agreement. All politics
Thailand is heaven for retirement..
I lived in a 2 BR 1 Bath house in Pasadena/Altadena California 3,500 a month and this was 9 years ago now I live in my RV between lot rent and power it's like almost 800 a month!!! Plus I love the Thai women!!! and the food I am on my way!!!
I am headed that way. Have a friend near Thaton. So excited, I wanna stay!
Not accumulating a bunch of useless crap that you can't take with you to the grave. It took me 50 years to figure that out. My hats off to that young guy who has that figured out already! LESS IS MORE! Good video. 👍🇹🇭🏝️💰
Thanks for sharing
Quality of life is far more important than quantity.
Love this interview.. coming in February to scope out for retirement.. love to catch up with you guys and Planet Papa Cheers Jay :)
I am living a similar style like Mike. But I am in Pattaya. Surprisingly the prices are almost exactly the same here .Before everyone judges, I don't live in area that most of tourist and crazy party activities happen. Haha. It's similar to Mike's life except that it's not as rural as the islands which is what I like, because I can easily travel to Bangkok or any other countries because of the location. I just like the balance between city and nature life. But everyone is different. But I can totally feel the same satisfaction just like Mike being a digital nomad in Thailand :)
That's awesome. I'm glad you are enjoying the affordable lifestyle in Pattaya and hope you can pay a visit to Koh Samui sometime soon. Cheers!
flights are also cheap from Pattaya to Samui
Pattaya is cheap as most day drinking retired people move there due to little money.
What city are you in
Czech restaurant ?? Amazing !! Would love to visit that restaurant on my next trip to Thailand !!!
@hi mike. Lamai is my favorite place to live in Koh Samui. lived there for a long time in the past. great retreats and vegan food etc,
Awesome. Great choice!
retreat and vegan not have normal good life.
Laid back vibe in lamai compared to chaweng
I just want to get over there and live a simple life. Samui looks like paradise.
Let's make it happen! 🙌
Start packing and do it. Life is too short not to.
very much working towards this.. especially hitting the big 5.0 next yr and eligible for a retirement visa... currently and passed based in VN but sadly they just dont have the infrastructure and long term visa options that Thailand has... so now very much looking at the move to Thailand in the next couple yrs..
Thanks for working for us... Your videos are part of my arsenal of UA-camrs that motivated me to come and return back. Now we are here and youtubing as well. Thanks very much🌄
Good info. And a fine young man. I wish him luck living his dream.
I just got back to the US and the not in Thailand depression hit before I even left Suvarnabhumi. 😢. I laughed on entry when customs/border officer asked why I loved Thailand so much..a question only someone that’s never been to Thailand would ask.😂❤️🇹🇭🌶 great video , gives a priced out idea of what could be done on a small budget!
I have no serious plans to return to the US anytime soon. Are you dealing with reverse culture shock?
iykyk....my friends who never been also dont get it...the people..the food and the simplicity of it all...i love thailand..im in pai right now and am heading home in 4 days...the depression is HERE
@DigitalNomadVentures you're video was awesome. I just joined with Chris on his site as a BOD and now following you. I'm coming to Thailand in March and hope to move there there eventually
I know what you mean bro. Been back 3 months now and the depression was real. Something that helped me was booking my next trip. Got a couple weeks left until I go back.
I totally agree , I am working toward my permanent move
Aweosme video Chris. Gives me hope for my eventual desire to move there.
Two items he have for even less: 200B per month for AIS internet-only plan. Buying a used scooter can be much cheaper than renting in the long run.
I have a girlfriend living in Chiangrai, Thailand. She earned around $900/month. After taxes etc., she brings home (Net) only $700/month. This may not make her rich. But she was able to rent a place by herself and own a pretty nice size new car (Honda). I visited her almost once a year (except the lockdown last few years). To me, she seem to be doing okay with this salary.
super expensive house if rent have 700$/month in thailand. need be big 20 room and 5 bathroom house whit pool and gym and sauna and include all in.
@@mattivirtayou 🤡
What almost no one in those interviews says is how much they really spend for their girlfriends/wives, especially when they are Thai. It's at least 300 bucks more on the average. So with health insurance and perhaps, if your older, some meds which you have to pay for yourself, 1500 are more realistic.
Correct point. With visa and health insurance make that 2.000. if you have kids and you want to spare them the ridiculous public schools here then you rather need 3.000.
And btw, there are other costs, like a laptop, camera equipment, a flight home from time to time etc. which have not been factored in here.
Wouldn’t he spend money on wife/gf in Texas…??
How about adding real life too:
Cost of supporting a cute n sexy girl AND family.
Eating street food, using car and motorcycle, the odd naughty massage, bribbing officers at immigration so you can stay here retired, etc. Etc.
Agreeeeeeee !!!!!
@@selfhealingacademy $2000 USD is still verrrrry cheap! My kids are grown and a vasectomy will ensure no new brothers/sisters. I'd recommend buying electronics here in America and bringing them with you and with the money you'll save you can fly back home for holidays, birthdays or whenever you want. You should never be living on your entire income. You always need to be saving some money each money to bug out if needed or other emergencies.
Yet another RWFU clip chock full of absolutely USEFUL information. Thank you, Chris
Great video as always. Nice to see you and Mike hanging out. I’m looking forward to connecting with you guys in April in Samui! I’m going to pick up your app today. Thanks for the video!
Awesome I'm glad you enjoyed the video! Let me know when you make it over and we can meet up for lunch!
Yep so many ways to live in Thailand its up to you. Digital nomads know all the cheap ways.
2016 koh Samui for 2 nights. In July. It rained a lot! Fun though. Great food. Stayed in Nathon the whole time.
Next time will venture further!
Went to koh samui because of the movie Meet the Parents!
I’m going to try and visit this summer. I have been planning on my mind for years . Thanks for all the good info.
You're welcome! Glad you found it helpful. :)
great to see some budget options after the more upscale appartments you showed a couple of weeks before!
Enjoyable and informative video. Would love to live that life. Not IT savvy unfortunately Admin doesn't count as digital nomad work.
I met Mike a couple days ago at beach gym
Top bloke
Wishing you and Mary all the best for the future 🏖💯👍
Nice to meeting you at the gym! See you around. 😁
Your videos helps me a lot to plan my upcoming retirement 😊I can dream a bit and picture me rollin
Awesome.
Great video, gives me wanderlust...
Glad to hear that!
Great video! One of the best interviews about the breakdown of the cost of living in Thailand that I have seen online.
Glad it was helpful!
Holy Cowq 324k Subs. I remember when you were at 2k. Nice! I just left Houston, TX and arrived in Jomtien. 100% on his take. I retired though, inspired by You!
I was hook on your videos first time I watched and can't wait to visit Thailand
Welcome aboard!
It’s been a dream to live in Thailand, particularly Samui. First visited Bangkok in 2006 and try to get back as often as possible. The culture, people and life outlook is so so good for the soul. Gotta just make the move happen sooner rather than later. Yay & shout out to Chris & Adam - your content and stories put a smile on the dial and make me want to turn the dream into reality!
Set the intention, take the steps, and you can do it!
Excellent straight to the point " cost" of living in thailand,subscribed.
great vid chris, im living the dream too on a slightly smaller budget but everyone has different lifestyles.
Different strokes for different folks
the most important expense is not included which is the visa.....
Also insurances, dental and medical services.
Didn't talk about how those pages, groups, and photos are monetised
Absolutely incredible!
Thank you 😁
Great job Chris and Mike....
Mike and I hungout some on Samui this past winter. Great guy
Another great Vid Chris.
I know you've talked about visas before, but it'd be great to go on an actual (video)Visa Run, step by step, with you or Adam. The varients are still a bit confusing to me.
Cheers!
Loving your videos! So so want to visit Thailand now!
One of the best videos I have see breaking down monthly costs and the other was one you posted a while back.
I'm paying 7 times that per month to live in San Diego. Rents here are astronomical!
BUT SO ARE THE WAGES
Perhaps time to get out of San Diego and come on over to Thailand! What do you think?
Being ripped off in the west by major companies. Time to put your two fingers up at them and move to Asia.
why stay in expensive country. all can move if want.
Great Vlog!! Interesting to see the cost of living comparisons. I live in San Diego, California and our cost of living is about 2-3 times what he was paying in Austin, Texas.
Wow that's just crazy! You could live like a king for that budget over here in Thailand. Something to consider. 😉
@@AbroadInThailand Another 4 or 5 years I'll be retiring and moving over permanently. Can't wait!!
@@Mrfrontrow Why not sooner? Just curious.
Awesome video Chris!!! This is by far the best video in terms of the cost of living in Thailand; especially, Koh Samui! We were just there & we sure fancy living the first 6 months of moving there in 2 years time! Thank-you for posting this fantastic vlog🙏🏼🙏🏼🙏🏼😘
Great info, love the detail and the contrast of lifestyle costs!! Thank you!
Agreed. It's a great concept! 😊
We need more videos like this ❤
more to come, of all types of budgets.
I know Green Mango club. Its a lot of fun there.
Sure is!
Oh my gosh, that trip tip from Mike about flying from BKK to Surat Thani to save some money was golden. Chris, you are such a fantastic and engaging host.
Thanks for doing this video and I’ve been looking at some of your other videos as well. I’m going to Thailand shortly and staying for a month to pave the way for my husband and I to spend more time there next year and in the future. I’m curious about what type of visas these remote workers are on? It would be great to see some videos/interviews about that aspect of moving to or spending more time in Thailand. Thanks again for spending the time putting these videos together. I’m a videographer myself and understand how time consuming the process albeit a lot of fun. All the best 😊
That was an excellent interview, really glad I found you here!
THANK YOU FOR MAKING THIS AWESOME VIDEO! The questions & answers were all incredibly succinct & comprehensive.👌👌
This definitely puts living in this particular part of the country into perspective, with a completely itemized budget that's a terrific & useful reference.
Oh yeah, what fees/costs are typically associated with a Visa that someone should factor? THANKS AGAIN!
Thanks for your comment! Visa costs really vary depending on which type and whether you do it yourself or hire a visa attorney. The new 10-year LTR visa, for example, is 50,000 Baht or roughly $1500 plus processing fees. Other visas are cheaper. Lots of information available online.
@Digital Nomad Ventures Thanks, just subscribed to your channel, too!
@@bearleers Awesome! Thanks for subscribing! Stay tuned for updates from Thailand. 🇹🇭
you could even vacation for a month cheaper than alot of cities in the us just regular living
👋🏼Hello Chris! Awesome video! It’s not hard to live in thailand cheap by no means! We love thailand so much and it’s funny when people ask do you fell scared or have you ever gotten sick in Thailand? The answer is always “No! Thailand is an amazingly beautiful place with very friendly people and delicious food!” We also always say it’s highly recommended that everyone go at least once to thailand and experience it for themselves! 🍻cheers🍻♥️🇨🇦
i live in a nice estate in england with a garage comfortably for less than that
Expat 🇬🇧🇺🇲 lives well in 🇨🇴 Colombia on $1200 a month ..$350 nice apartment..average meal 13,000 cp $4 Great Food Nice area Safe..Good Amenities US 4 hours away .
Most importantly NO TOURISTS 👍
What city? Sounds good
@@patrickglennon7058 who want colombia if thailand have 100Xbetter country live, 350$/month abartement have super expensive, thailand you can rent big house own garden,pool,garage, many room can live lot better comfortable this money. or rent condo this money have many 1 bedroom small condo only,
Now that's cool. It is very useful for modern people who are ready to fly in the way they want. 😍😍🍻🍻👍👍
Great job Chris!
Thank you! Cheers!
Another good episode Chris. Your guest Mike is a Jack of many trades. The details makes it an especially informative episode. Thanks for sharing.
Glad you enjoyed it :)
Thanks You did a great informative life in Thailand…..I very much appreciate the work you did on this video…..Josef’
Glad you enjoyed it!
I like these videos showing prices that I can send to my friends.
Glad it was helpful for you!
Great yet again you never dissapoint Chris!
If he cooks his own food would be cheaper? and healthier as well, since Thai food has a bit of too much sugar on it.
One day Iam going to retire in Thailand, hopefully soon.
This video came perfect timing for me. Thanks Chris
ขอบคุณมากน่ะครับที่นำเสนอเนื้อหาดีๆ
ให้ผมที่เป็นคนไทยแท้ๆ ได้เกิดแนวทางที่ดีต่อชีวิตการหาเงินบนช่องทางออนไลน์ ผมจะเริ่มทำแบบนี้เพื่อให้ชาวต่างชาติได้เห็นช่องทางดีๆ ที่จะมาประเทศไทย ขอบคุณมากครับ😊👍
ขอบคุณ... ที่คนต่างชาติ ชอบเมืองไทย
ประเทศไทย ไม่ไช่ประเทศที่ดีที่สุดในโลก แต่ผมเชื่อว่า ถ้าใครได้มาอยู่ พักพิงอาศัย คุณจะมีความสุขแน่นอนครับ
Good example! I am looking for a place like this!
Come on down!
I love this VDO Clip.
Thanks for the support
My monthly expenses including rent and car insurance usually come to about $600 USD a month.. I also live like a local..
That is key to living on a low budget. LIVE LIKE A LOCAL.
@@stevenhull5025 i live own house countryside 10 mail far at big city and im not live than local ,only same than home i living before, last 10 year live cost about 700-1000$/month. all have hat i need and live comfortable eat falang food and thai food when want. many new hobby have and enjoy life. lot better life quality than home country has newer. all have what want or need.
Beautiful Lami beach. I miss that gym along the shore never seen anything like it 😅
My favorite free outdoor gym on the island!
@@AbroadInThailand the old equipment from back in the day was so much better. Steel plates are way better than the modern day plates at the commercial gyms now. Nothing like being able to cool off in the ocean after a long workout without air conditioning.
Where abouts? Can you name a hotel near it
Incredibly helpful info once again Chris.
I would argue with this budget, unfortunately it won t be enough for a normal month living in there… breakfast lunch dinner you definitely need more money, as you want to drink something with your meal and sometimes we foreigners want to eat western food too. Insurance and visa fees? Shopping would also costs more. Scooter, well hard to find it for 3000 baht, and I think need to spend more for gas too. A night out for 500 baht is nearly impossible.. although possible to do live here on this budget, but it won t be an island dream life. Without eating out and without travelling much is possible. Also if the Thai girlfriend got a scooter, as in my case, don t even have to rent one, but had to fix that costed 4000baht😀 there is always something extra to spend..
I think is easily possible, depense on how high your needs are. I was there for almost 2 weeks during my travels and I easily could live there under 33 Dollar a day, also with night outs and eating in restaurants every day (2x). Still had a great time
2:54 I remember asking that exact same band to play Green Day Basket Case this past summer in Chaweng. They knocked it outta the park!
This kind of budget is surprisingly easy to maintain even on an island where things are just inherently more expensive than the mainland of Thailand. You just need to be careful of the trap where you may reason that spending a little more than being at home in the west will get you luxury comforts (ex. seaview villa) but in the end you're still just paying more than you need to. I am curious as what health insurance Mike is using. No offense Chris but SafetyWing is "okay" if you are a very healthy person plus it's heavily sponsored. I'd be curious to see what are some good local Thai insurances that foreigners with existing health issues can reasonably afford?
Sounds like you have a cold in the Outro. Good vid mate!
Cool, cool. Will save this fella. Shout out to Mike...cheers man. 🙏
Cheers from Koh Samui! 🏝️🌞
Really great interview. Both such nice guys. Loved it, thanks for sharing!