oceanbluejewell

Problem Insurance premiums/hospital bills can become unaffordable. Been here since 2015 (from Canada) and researched medical coverage now on two occasions. Pre 2019 many insurers did not have much for pre-existing conditions. Now they (insurers) all have pre-existing conditions. The contract leaves very big openings for possible denial of future claims. Two friends expats +70s had their policies cancelled on renewal. One used it extensively and other had no claims. I really don't want to pay to: a) have cvg. denied. b) be deemed uninsurable and without a policy after paying yrs of premiums. Solution That being said I have choosen to self insure at 63 I had a stint in 2020 done due to congenital heart defect from birth. Was done in government hospital but still ran near ฿200,000. (The doctors sent me out to several specialists before doing Angioplasty and a stint) am now am classified as having a heart condition. Chronic care is expensive: kidney failure, by-pass (heart), dementia, home nurse, oxygen supplies including cancer care. My Current Health Coverage Fund is 3M฿ from 60 to 70 years. Increasing to 4M฿ from 70 to 80 years. I used data from this study to determine health costs, added for inflation over time. https://onlinelibrary.wiley.com/doi/epdf/10.1155/2018/4180565 The study takes all aspects of medical care into consideration. The money (Health Fund) earns 3.25% after withholding tax/year. Which I save and use to cover 2 x yearly medical checkups and medication as needed now. Note costs are rising: The UHC is underfunded as medical costs since 2020 have increased over 15%. I might be under funded for terminal cancer treatment but at that point I am ready to go. Risks: 1) not enough money. 2) stock market takes my capital. 3) develope expensive long lasting terminal illness.

I choose Rabbit Care Broker online they are very good for my Nissan xTrail Hybrid 4x4. They provided over 10 different company quotes via email. The reason I choose Rabbit was the access to higher liabiliity limits and that the price Roojai quoted at the time for Bangkok insurance was higher than Rabbits quote. (Never did get an answer why) Have since renewed 3 years, had 1 not at fault accident and 1 at fault accident. Claim service was very good BUT helps if you can speak thai. After the accidents our premium was bumped by about 1000฿ year. This is good discussion topic. Thanks

I agree with IsaanT Trading is a series of transactions, well investing usually has a defined future outcome (Investment plan). For each trade that is made there is a winning side and lossing side. Know which side are on before you make the trade. I am not an investment professional; consult your professional investment advisor and/or legal counsel and/or professional accountant before making any investment decision. While all reasonable effort is made to ensure the accuracy of information and data contained herein, accuracy cannot be guaranteed. Past performance is not a good predictor of future performance. Results are not guaranteed and I assume no liability whatsoever for any material losses that may occur. No compensation for suggesting particular securities or financial advisors is solicited or accepted. The information in this document is not intended to be educational, nor does it constitute financial advice nor is it a suggestion or recommendation. Investing is risky and may result in substantial losses.~ Terry W Jewell

Yes use the app, sign in to account, find the settings wheel, scroll down to daily limits. Everyone has there own needs.

Good post thank you. I think it is important to think these things through. My situation: semi retired, healthy, divorced/now single, >15 year in Thailand. Own a hybrid, rent two apartments in BKK and HuaHin. My current cash reserves: Healthcare: self insured ~3M฿ Dividend income: 120K฿/yr. Extension $: zero as i have 5 year DTV visa Cash: >250K฿ (thai bank) @0.9% Monthly wise income: 23K฿ On retirement monthly wise income would likely increase by another 52K฿/mo. Again thanks for post and comments.

I feel for the engineering team. I suspect they going to be going out a window soon.

Been here a while never heard a VIN could be used to find past claims. @novacova more information or details on this would be helpful. Tks

@shady4lyfe @oldcpu Great post thank you for your invites and being part of the solution in this community Much appreciated 🙏

Yes, I would agree. Thailand has bigger issues and problems. Not sure one could say that Thailand is safe holiday place any longer. Though there are worse places like Haiti

I would agree - no attraction at all. We haven't traveled to USA for over 30 years & we live next door. This was a conscious choice. The gun violence, poor exchange rate, rude or indifferent and often judgmental people. (My wife is of Asian dissent) At times people even suspicious of us. There are some great people in USA, I know we met some but more often than not we encounted problems. (NOTE: Some of our extended family live and work in USA) but listening to gun shots while sitting poolside in Sarasota or on a hotel balcony in Minneapolis is not appealing not to forget the constant all night sirens in new york city .... Interesting too on a recent overseas trek , we over heard an American couple with a distinct accent telling the Australian and English speaking co-trekers that they were from Canada. (Seemed odd as they had a distinct American accent) On a break we asked them why, they said they often are not received well when traveling abroad if they tell people where they are from. Hearing this made us feel sad.

[I think each persons vehicle needs, financial situation, ability to navigate the thai system, supports & knowledge would be different] Since 2015 I have spend 6 months each year in Thailand often doing 1 or 2 longer trips to Udon Thani but mostly driving in Bangkok and Hua Hin. Until 2022 I rented cars as needed. Prior to 2018 was about 12,000฿ / mo. After 2018 increased and now 2025 at >20,000฿ / mo. Rental Car Pros: "initially" cost effective, no stress for annual insurance & car tax, maintenance/repairs, no need worry for storage, no need find repair shop/garage. Cons: need international license (IDP), or need Thai license, sometimes vehicle we wanted was not available and in the past difficulties to rent a pickup truck. Over time significant rental price increase. Notes to my situation: As of 2022 I have large cheap long term apartment (with secure parking) in rural BKK and rental with parking in Hua Hin. I also speak, read/write thai and have thai banking. Plan to retire in 2027 staying for the full year. Covid created some financial stress for some Thai people and for a period of time cars became significantly cheaper in Thailand (both new and especially used). So because I could park the car securely, converse with the thai dealer or garage staff. Was able validate the vehicles integity; I bought a fully loaded (used) 2018 Nissan xTrail Hybrid with 40,000km from some older thai guy who thought he was gonna be rich running tourists to Pattaya. Pity for him but good for me. Owning a car became cost effective and convenient. Staff at my baan keep an eye on my tires, the starter battery has been removed while parked. I own a battery charger so will top it up and reinstall once back. You're asking good questions, do your research. But keep in mind that: the buses, water taxi, MRT & BTS system in BKK is mostly fast, cheap and convenient. Parking in many places/cities is difficult or impossible to find. Road signs in Thailand are not always clear and goggle sometimes gets it wrong. I like being able go out jump in the car and run to the Fino club at 9 pm to play some pool with friends or get up in morning and go to Nakhon Pathom visit the temple and night market before coming home at midnight. Two thoughts come to mind "convenient" อยู่ใกล้มือ and "cost effective" คุ้มค่าคุ้มราคา. Best of luck to you.

Hello SupermaNZ Can you provide links to the products you mention. Especially the Bangkok Bank and SCB. I'm not seeing this available as you describe. Thank you.

RE: What is the best % per annum? A very good question Packer. The banks here in Thailand pay very low rates for fixed term deposits. Attached is BBL.bk Mar 3/25 updated rates. If you don't read thai just pay attention to the first column (unless your a government agency or non-profit or insurance company). To get the higher rates and products like # 10, 11, 12 you will need TIN and a good relationship with your bank. -> I will not comment on your method or the mechanics, other than it creates risk to you. Being a landlord in a third world country is likely unwise and has made lawyers like Advanced Adjusting Associates Co. Ltd a lot of money. (They specialize in collections). Personally I invest in the stock market, generate 4.050% after withholding tax (2024). Not interested in chasing yield, more interested in satainable long term yields. But, if you need the money because the IM officer wants to see it and the market is in a downturn then your fudged. In the end Packer it will come down to your risk tolerance and understanding. I am not an investment professional; consult your professional investment advisor and/or legal counsel and/or professional accountant before making any investment decision. While all reasonable effort is made to ensure the accuracy of information and data contained herein, accuracy cannot be guaranteed. Past performance is not a good predictor of future performance. Results are not guaranteed and I assume no liability whatsoever for any material losses that may occur. No compensation for suggesting particular securities or financial advisors is solicited or accepted. The information in this document is not intended to be educational, nor does it constitute financial advice nor is it a suggestion or recommendation. Investing is risky and may result in substantial losses.~ Terry W Jewell

Hi Thaiinnomad3 Congratulations on meeting a nice (fertile) thai lady. I strongly recommend you read the comments made here. But, as a Canadian married to a Thai National (who works for thai government) I will share my limited experience: 1) SinSod = mothers milk is money & gold that is negotiated with the mother & father of the bride. It represents their investment in the woman and considers: education, upbringing, social status in community, abilities and even if her virginity is intact. The gold portion is security for the wife; incase you run away before ceremony. Thai woman are obliged to help support their parents in thai culture, in marriage her ability to help support them is lessened as she must focus on her new family. I too was told if a thai woman was previously married NOT to pay sinsod. (Prior to my current wife I dated a woman previously married and with 2 children. Our relationship goto the point of discussion about possible marriage. At no time did she or her family bring up sinsod) 2) Marriage in Thailand can be informal meaning not registered at the local Ampuer office or registered. If registered each can declare assets not brought into the marriage as well as other conditions. 3) Now days sinsod is most often returned 3 days later by the parents as capital for your new family. 4) Now days sinsod is often rented as a symbol used in the ceremony as well as many young men don't have the capital to pay it. Your question, description and language used is cause for concern. And, raises some questions/concerns: a) In her previous marriage was it registered? If so there will be marriage contract and divorce contract. b) Getting married either informal or registered is easy, getting divorced in Thailand is not easy, can take 3 or more years and is expensive. Have you spoke to a Thai family law lawyer? According to my Thai family lawyer if her previous marriage is unregistered you could become financially responsible for the 2 previous children too. https://www.samuiforsale.com/ The above link is translation of law in Thailand. Goto the family law section, read and reread. If your marriage is to obtain a visa, you will annually be at her mercy as her signature is required on one document for the marriage visa renewal at the immigration office Best of luck to you.

Yes. This is green pit-viper, ranger in national park said dangerous.