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Why 800k, Why not 80k?

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i can live very cheaply in Thailand for less than 8000 bahts a month, I dont need 65000 or even 800000 on an account. I recently put 800000 bahts on a account to obtain a retirement visa but what is the point when you can live cheap in thailand?

 

most thai i know live with less 10k.

 

so what they are talking about? with 65k you can live like a prince, but i don't want live like a prince. i don't smoke, i don't drink,...i want live like a normal person. is that still possible?

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  • Joe Mcseismic
    Joe Mcseismic

    No.....you can't live on less than 8000 Bt a month, but, you can exist on it. But then, you probably don't know the difference anyway........

  • Okay, so now use that 800k to live on for the next year and top it up again to 800K 3 months before next year's retirement visa is due. It's still your money.

  • they want your money in a Thai bank.   they want a higher class of retired people in Thailand.   they want things more difficult for the bottom of the barrel to create confusion an

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  • Popular Post

On Bht 8000 a month you must be living rather frugally, I assume you pay no rent, very little electricity, do not have internet or health insurance.

  • Popular Post

Its 800K THB because the Government says so,

they really don't want people living on less than

most Thais.

regards Worgeordie

  • Popular Post

Okay, so now use that 800k to live on for the next year and top it up again to 800K 3 months before next year's retirement visa is due. It's still your money.

Up country, if your expectations of life are pretty limited, it is indeed possible to live as frugally as you suggest. All that assumes that you have no health problems or other issues. Thailand (and most other countries) are not especially keen to have people of limited means retiring there. The benefits to the economy are minimal, and there are risks of being forced to deal with indigent foreigners. Really, $2,000 a month is not a huge sum for someone to be spending for a comfortable and enjoyable life.

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9 minutes ago, already50 said:

so what they are talking about?

they want your money in a Thai bank.

 

they want a higher class of retired people in Thailand.

 

they want things more difficult for the bottom of the barrel to create confusion and more opportunity for corruption.

  • Popular Post
14 minutes ago, already50 said:

i can live very cheaply in Thailand for less than 8000 bahts a month

can we see a breakdown of your expenses please. :clap2:

  • Popular Post

No.....you can't live on less than 8000 Bt a month, but, you can exist on it.

But then, you probably don't know the difference anyway........

  • Popular Post
2 minutes ago, Joe Mcseismic said:

No.....you can't live on less than 8000 Bt a month, but, you can exist on it.

But then, you probably don't know the difference anyway........

Yep, I like to have clean underpants and shorts every day.

13 minutes ago, wgdanson said:

On Bht 8000 a month you must be living rather frugally, I assume you pay no rent, very little electricity, do not have internet or health insurance.

I think frugally is a bit of an understatement

  • Popular Post

8,000 a month?.....Even the cheapest cheap charlie could hardly make it on 8,000 a month...

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8000 is possible.  

 

100 baht per meal, or 300 a day.  9000.  OK, forget that.

 

rent at 2500 (never heard of lower for farang)....  left with 6500.

 

200 baht a day times 30....  6000.  OP weighs 40 kg.  500 left over for water, shampoo, soap, shaving stuff, coffee, etc....  ah, no.

 

or his idea of "living" is simply only rent, and food, travel expenses, etc... goes into some other box that he fails to mention.

 

15,000 is possible, but bad.  25,000 is normal, but not fun.  40,000 is much better and 50 to 60,000 a month means you can enjoy the ONLY life you have.

 

 

Because they don't want to pay for your health issues later.

  • Popular Post

Why 800k, Why not 80k?

Because it is the requirement of Thai immigration, pretty simple.

The new rules + potential Health insurance are pushing people to spend less money by not bothering with a visa and yearly extension, problem solved

 

 

 

 

westerners will find it difficult to live on thb 8 k monthly in comparison to their asian compatriots or africans.

 

wbr

roobaa01

39 minutes ago, fforest1 said:

8,000 a month?.....Even the cheapest cheap charlie could hardly make it on 8,000 a month...

I know an American who was living here on 1000 baht a week. He claimed he was licking up ants from the floor for the protein.

21 minutes ago, scubascuba3 said:

The new rules + potential Health insurance are pushing people to spend less money by not bothering with a visa and yearly extension, problem solved

 

 

 

 

I bet if some one set things up right they could live here 10-15-20 years easy with out getting caught.....And after you got caught pay your 30Gs and just move to another country....

I live very cheaply in Thailand for about 80 thousand baht a month. I am STILL not at the level of income that Thai Immigration desires to see among its Non-O Visa holders and those receiving yearly extensions of stay. The "gouge factor" truly never ends. A constant process of "feeding the tiger".

Edited by KhunFred

The OP can't fight City Hall. 800K it is. Look for another country if you don't like it.

His budget will only be sustainable until his first health problem, then it will be blown out of the water.

Example: I developed cellulitis in my right foot. A month later, with intravenous antibiotics, my wallet was 11,000 baht lighter. And that was a minor medical problem.

I bet if some one set things up right they could live here 10-15-20 years easy with out getting caught.....And after you got caught pay your 30Gs and just move to another country....

yes 100s maybe 1000s will be forced to do it. Moving to a new country after then isn't so bad

 

1 hour ago, wgdanson said:

On Bht 8000 a month you must be living rather frugally, I assume you pay no rent, very little electricity, do not have internet or health insurance.

maybe he doesn't pay for anything, somebody else does....8,000 b it's his pocket money

  • Popular Post
29 minutes ago, KhunFred said:

I live very cheaply in Thailand for about 80 thousand baht a month. I am STILL not at the level of income that Thai Immigration desires to see among its Non-O Visa holders and those receiving yearly extensions of stay. The "gouge factor" truly never ends. A constant process of "feeding the tiger".

B80,000 a month is not living very cheaply in Thailand. Many people live comfortably on half thatm and Thai people are even more frugal in rural areas..

32 minutes ago, KhunFred said:

I live very cheaply in Thailand for about 80 thousand baht a month. I am STILL not at the level of income that Thai Immigration desires to see among its Non-O Visa holders and those receiving yearly extensions of stay. The "gouge factor" truly never ends. A constant process of "feeding the tiger".

Do Thai Immigration not want to see Bht 65k per month coming in, but not expecting you to spend it all. Bht 80k per month = cheaply? I think not. Depends of course on where you live, life-style, demands from wife/GF etc.

Accept 800k and feel like a 3 star general (about the same income).

And if you spent wise even money for some nice watches will be left over.

  • Popular Post
2 hours ago, wgdanson said:

On Bht 8000 a month you must be living rather frugally, I assume you pay no rent, very little electricity, do not have internet or health insurance.

Mum-in-law lives on 3,000~4,000, at 7,000 she was very unhappy and drinking herself to death, she is much better off and happier with the smaller amount. 

Edited by sometimewoodworker

8 minutes ago, ratcatcher said:

Image result for westerner living in a shack on small income 

Yep, B8000 is do-able, including feeding the dogs..

I Love it... ????

21 minutes ago, sometimewoodworker said:

Mum-in-law lives on 3,000~4,000, at 7,000 she was very unhappy and drinking herself to death, she is much better off and happier with the smaller amount. 

What a BS story, she can eat better food, clothes and doesn't have to drink so much

47 minutes ago, scubascuba3 said:

yes 100s maybe 1000s will be forced to do it. Moving to a new country after then isn't so bad

 

after you paid for a flight home when in the IDC

8,000 Baht a month is existing, not living! I'm hardly extravagant - yet my electric bill alone still averages 6k a month though. Doesn't leave a lot for "quality" food and drink!

Sure Thai people can live on next to nothing, I'm not Thai, I don't want to just "exist" 

I'm surprised they haven't raised the amount from 800k to be honest, been at that figure a long time! 

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