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RichardColeman

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Posts posted by RichardColeman

  1. As a side issue, I'd like to know what happens if you die in thailand and have no relatives. Friend (75) across the road has thyroid cancer I guess, pretty bad, obviously it will kill him at some point. He has 2 months rent deposit and is up to date. Who takes responsibility if he pops his clogs ? The owner ? Does she use her 2 months deposit to cremate him ? Who claims his body ? She is not a relative obviously.

  2. 47 minutes ago, KhunLA said:

    What visa do you think you'd qualify for, or do you plan on spending 2-3-4 month budget on an agent to skirt the law ?

    Just point our that an agent would be about 22,000 for the first year and then about 14,000 per year after - assuming the poster is using the 1 million as money for food/rent for 14 years. That's 204,000 for 14 years and is 20% of his budget basically for nothing other than right to stay.

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  3. 21 hours ago, Celsius said:

    Times are tough and I am going through some financial difficulties. All I have left in my bank account is 1,042,356.23 baht. Will this be enough until i get my government pension in 14 years?

    I do not have that much in savings - I have maybe 500k in uk bank and 160k here in Thailand, I do not get my UK pension for another 6.5 years. However I have enough money coming in due to early 55 year pension and renting out my UK home fir a daft amount (70k sh). I planned to have money in older age and finish work early - I have my 35 years national insurance paid for my full uk pension.

     

    1 million baht with no other income is near impossible to retire here - but it would be more than enough if you had - like me - other income. Rent of reasonable house would be 10k a months , 120k a year and that's a;; your money gone in rent alone.

     

    I would suggest it would be possible on 5 million with no income for 14 years , but less and you are in the crapper very quickly.

     

     

     

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