How Much, in hard Cash, do you Contribute to the Thai Economy Each Year? Ex Tax.

[Grecian]

53 minutes ago, ThailandRyan said:

Why would I want to show you my bank account or my spreadsheets.  What I spend is what I spend for my family.  I own a penthouse condo in Bangkok.  3 bedrooms 186 sqm. I pay cash for most things and is why I use a spreadsheet to track it.  Believe what you want.  Paying a housekeeper is also part if our monthly expenses as well as school for the GF's daughter. Just got back from Makro where we spent 17k more on groceries to completely restock the freezer with meat, shrimp, chicken and other items. I do keep my 48 bottle wine refrigerator stocked as well.  I could go on and on but why. You will only believe what you want and is why I could care less.

You have all that wealth yet you could only get a single mom as a partner!!!!

Not a young one at that!

 

[sherwood]

Family of three, Isaan, we own house, pickup, MC, 5 rai of farm land and have no debt. Daughter in school. Average monthly spend around 30k baht.

I drink and smoke so we could happily live on less, but maybe I would be less happy.

[ThailandRyan]

6 minutes ago, bwpage3 said:

As always people say what ever they want. 

 

If it was true evidence shouldn't be an issue

 

The bills you listed don't even claim to add up to your claimed total sorry.

 

17k to completely restock an entire freezer with all that meat? Wow. 

 

Penthouse condo right up there in all the air pollution? Wow!

 

Paying a housekeeper every month? How much 100K? Ridulous.

 

Pay cash? Usually people do that is because they have no credit. Think Elon Musk is paying cash or using a Black Card?

 

If farangs contributed as much as they think they do, perhaps the govt would take a different view,

 

The fact they do not is evidence in itself farang's as a whole, do not contribute much of anything on the grand scale of things.

 

If they were the cash cow people think they are, the govt would bend over backwards

 

But they aren't.

 

There is always a reason when people tell stories that don't add up.

 

Because they are not true, sorry.

 

You haven't described anything other than basic living expenses.

 

Shopping at Makro, now that is pretty upscale!

Did you move to Thailand because it was more expensive? Of course not.

 

 

 

 

 

 

 

No problems for me to shop where I want as I buy in Bulk for most things to try and save money, so thats why we shop at Makro.  We also shop at Villa here in Lumpini where we buy all of our western food stuffs to fill the pantry.  I guess 250 Thb for a box of Triscuits, 700 Baht for Johnsonville sausages, 650 Thb for Jones dairy farm breakfast sausages, 250 Thb for Krusteaz pancake mix, and so on is too much for you, but that's what the family likes to eat when they want to eat it.  We easily spend 10K a week at Villa as well.  I guess a 1500 Thb bottle of wine is to much for you as well.  The bar is also stocked with Bushmills, Glenlivet, and a few other top shelf brands. 

 

We also support a few families that live down the side sois who have fallen on hard times.  Not sure what your issue is, but something has sure soured you.  You almost sound jealous. 

 

I also own 3 houses in the US still that I rent out as well as still having a house of my own with my two paid for cars, a 2020 Acura MDX, and a 2020 Toyota 4 Runner.  Was the CEO of my own company that I shut down due to Covid.  Pay my housekeeper 20k a month, my utility expenses were averaging around 8k a month until the covid breaks were given now I am down in the 6500 Thb range. 

 

Sounds like you do not like BKK, but we do.  Prior to covid I went back and forth to the US every 4th month and then returned 10 weeks later splitting my time between the countries. Life is good, I have the coin so I spend like I want and could care less what you really think.   

[ThailandRyan]

18 minutes ago, Grecian said:

You have all that wealth yet you could only get a single mom as a partner!!!!

Not a young one at that!

 

It's my life and I am happy with it.  Why would I want to find a gold digger, my last Thai wife was one, and left me for someone who had even more money in the US.  My current partner is 26, and I am 56.  Her daughter is 7, and I have raised her for the past two years as well.  They are not Thai either, and what does it matter to you if she was a single mother.  Enjoy trying to figure me out.  You might also want to buy into the Crypto currency's to make yourself some money.

Edited May 9, 2021 by ThailandRyan

[OneMoreFarang]

2 hours ago, 2 is 1 said:

You should know that already LOL. Just what we know from how really sexy woman doing. But we guys are so stupid we still use our money for those girls who really dont care from us! And many of those really good looking girls are really poor in bed also! Best "ride" i have getting from, little fat and ugly one's LOL

Probably the little ugly one didn't have sex for weeks so she really needed it. ???? 

[Pravda]

Last year when I was on tinder I hooked up with a 23 year old girl. I was 46 at the time. 

 

I even felt stupid sagging her. She had a live YouTube channel where every night she'd play a guitar and sing out of tune and there were loads of men gifting her. I thought what a bunch of freaks and they were 10 years younger than me. 

[holy cow cm]

36 minutes ago, ThailandRyan said:

Why would I want to show you my bank account or my spreadsheets.  What I spend is what I spend for my family.  I own a penthouse condo in Bangkok.  3 bedrooms 186 sqm. I pay cash for most things and is why I use a spreadsheet to track it.  Believe what you want.  Paying a housekeeper is also part if our monthly expenses as well as school for the GF's daughter. Just got back from Makro where we spent 17k more on groceries to completely restock the freezer with meat, shrimp, chicken and other items. I do keep my 48 bottle wine refrigerator stocked as well.  I could go on and on but why. You will only believe what you want and is why I could care less.

I agree. Only a person who will start a bank account with an African - "My Dear Brother"  by email contact will prosper.

 

Subject is how much we dole out each month added to be for a full 1 year staying here.  Months vary, but my yearly totaled has been at least the last 3.5 years about over 10,000,000 bht. New house - cars bikes- 2 nice new vehicles, and then the millions for life and supporting my family. Maybe more! 

. . 

[OneMoreFarang]

It's funny that some people here brag about how much they spend.

Does this make you feel good somehow?

I think I know a couple of well off foreigners in Thailand. Most of them don't really talk about money. And if they talk about it then it's more like complaining that everything is so expensive.

But please feel free to tell us what a big spender you are.

 

[blackcab]

Various posts and replies have been removed due to members not being able to see eye to eye.

 

Please keep your discussion about the post and not the poster.

[ThailandRyan]

38 minutes ago, OneMoreFarang said:

It's funny that some people here brag about how much they spend.

Does this make you feel good somehow?

I think I know a couple of well off foreigners in Thailand. Most of them don't really talk about money. And if they talk about it then it's more like complaining that everything is so expensive.

But please feel free to tell us what a big spender you are.

 

What was the OP about again.  Oh yeah that's right.......How Much, in hard Cash, do you Contribute to the Thai Economy Each Year? Ex Tax. Some wanted examples so there you have it.  To each his own. Enjoy 

[Patong2021]

This reads to me like another subject how important a person thinks he is because he spends. Sad to say, but it is delusion and embarrassing because it leaks self importance and disconnect from reality. Statement will read rude to some, but it is the cruel truth: Governments do not care about small spend farang and do not want them.

 

Ok, so someone spends 1,000,000 baht in a year. So what? If you think 1 million baht or even 3 million baht is special, you are wrong.  Look at the financial reality please. Let’s start with this;

 

1. What is 1,000,000 baht?

It is approximately.

-USD $32,000    AUD $41,000  GBP  £23,000  Euro  €26,000

As is obvious, 1 million baht is nothing special. Even at 3X this, it is still nothing special.

 

2. What does Google show typical household spend is?

USA- USD $63,000, Australia - AUD $74,000  UK - £30,571     EU (Belgium) €52,000

Why would someone think that spending 1 or 3 or 5 million baht a year, is noteworthy?  Does farang government make celebration  when someone spends average household spend? I do not think so.

 

3. What is cheapest  investment visa?

USA EB% - $900,000, Australia AUD $1,500,000   UK £2,000,000   Belgium €200,000

I mention this because OP makes like his spend his spend is spectacular, like it is a big investment in Thailand.  It does not come close to what foreigner is expected to spend elsewhere to be investor class.  

 

However, what really makes the shock for me is the inability to understand that small spend foreigner does not do much to benefit local society. The presence is not an infrastructure investment that creates large number of good paying jobs. It is spending on goods and services that typically result in zero net benefit to Thailand.

Thailand does not benefit long term because foreign resident buy chicken or beer or laundry soap. The small profit made on purchases of services is offset by the cost of the foreigner presence. There is cost to the pollution and carbon footprint of the foreigner.

Oh yes,  someone will say, but  typical Somchai make less than the small spend farang. Yes, this is true, but the poor Thai has purpose and that is to work for the Thais who make tens of millions of baht in a year. Small spend farang does not work in shop or factory or clean floor. The small spend farang does not work building economy or providing valuable service and is not really contributing. Thailand has millions of people who cost more than they bring but they are needed to serve those who have power/money.  Every country has this. However, a country does not need foreigners who do non contribution.

 

At best, a smaller spend foreign resident may push into area of society break even or small incremental gain. Nothing to make the jump for joy.  The foreigners who matter most are those who come short term or even 2-4 months. The short term “millionaires” are the ideal visitors because they spend much more than they cost. And they create the jobs in tourism. The short term tourists have big spend per period they are in Thailand.

Unless the long term stay foreigner has ongoing investments and large spend, then the person is not as valuable as other class of visitor or longer stay resident like foreign company representative that pays big taxes and gives  many jobs to Thai. 

 

The reality for small spend farang is not much different for a foreigner in western countries. 

[starky]

A very considerable amount. However generally on this forum when you talk about how much you really spend in this country you a called a liar, or a braggart or overly boastful, or even stupid for having the means or desire to spend that much money here. So really what's the point?

[sammieuk1]

All that spending and you still cant buy a vaccine ????

[starky]

4 hours ago, Lacessit said:

About 700K baht/year, would be a fair bit less if I was not supporting a Thai family.

I play golf three times a week, live comfortably, eat mainly Thai food or cook for myself.

 

I am baffled how anyone could spend 2 million baht a year, unless they were either barfining every day, or getting drunk on Glenfiddich every day.

Why do half the posters here talk about everything in relation to getting drunk or barfines f f s . Get a life

[starky]

4 hours ago, bwpage3 said:

2,300,000 per year divided by 12 months = ~191,600 baht per month (2,300,000 baht divided by 30 baht = $76,000 US dollars)

 

191,600 baht per month divided by 30 days in a month is ~6,386 baht per day, every single day of the year.

 

Why don't you outline in detail how you are actually spending that much money per month or day?

 

Keeping money in the bank is not spending it or contributing either.

Private health insurance for my family and school fees alone for me personally is over 400 000 baht a year. That's before I have a glass of water . Spending over 2 million baht a year doesn't mean I go down the shops every day and spend 7000 baht. Just because you think 6000 baht a day is a lot of money doesn't make it so lol.

[starky]

1 hour ago, OneMoreFarang said:

It's funny that some people here brag about how much they spend.

Does this make you feel good somehow?

I think I know a couple of well off foreigners in Thailand. Most of them don't really talk about money. And if they talk about it then it's more like complaining that everything is so expensive.

But please feel free to tell us what a big spender you are.

 

Cant win on this forum can you? People ask what you spend, then demand proof or call you a liar and then if you relent and try try explain what you actually spend your a show off. Incredible! Never seen so many jealous bitter people in the one place.

[Rampant Rabbit]

2 hours ago, OneMoreFarang said:

It's funny that some people here brag about how much they spend.

Does this make you feel good somehow?

I think I know a couple of well off foreigners in Thailand. Most of them don't really talk about money. And if they talk about it then it's more like complaining that everything is so expensive.

But please feel free to tell us what a big spender you are.

 

Went to the local  supermarket today in Chauffeur driven  pick  up truck, wore my  cap  all the way when driving, threw 350  baht on two  boxes of  small  Milo cereal on  offer bought two for 109 baht, two  bottles  of  milk on offer  79  baht each 1  small  bottle  of lemonade incase any visitors  come they can share and one bottle  of yoghurt  drink 22  baht for me .

'Id  show you the recxepit  but I'd  have to wipe the <deleted>  off  it as I recycle the paper.

Edited May 9, 2021 by Rampant Rabbit

[FlyingThai]

Usually ~ 1.2M per year as most of my travel is overseas with this past year being an exception with lots of staycations in Bangkok and frequent trips to Samui and Phuket.

 

I don't follow the "visa through spend" argument though. Considering many if not most people don't tax their money in Thailand and get their money from overseas or by working remotely. In the worst case by illegal means and honestly I wouldn't want my government back home to give a visa/residence permit/passport based on their spend from unverified sources.

 

That being said for heavy spenders I'd simply get the 20Y Elite Visa for 1M and never have to deal with that craptola again. The expense pained me a few months but it felt increasingly better over the month/years.

[Lacessit]

2 hours ago, starky said:

Why do half the posters here talk about everything in relation to getting drunk or barfines f f s . Get a life

Excuse me? When did I say I did either? I have a good life here, I think the last time I was in a bar was about 7 years ago.

[Lacessit]

2 hours ago, starky said:

Cant win on this forum can you? People ask what you spend, then demand proof or call you a liar and then if you relent and try try explain what you actually spend your a show off. Incredible! Never seen so many jealous bitter people in the one place.

You're quite right, one can't win on this forum because there are too many posters with a chip on their shoulder about an insignificant issue.

[starky]

34 minutes ago, Lacessit said:

Excuse me? When did I say I did either? I have a good life here, I think the last time I was in a bar was about 7 years ago.

My apologies I must have misunderstood when you said

"am baffled how anyone could spend 2 million baht a year, unless they were either barfining every day, or getting drunk on Glenfiddich every day."

[starky]

31 minutes ago, Lacessit said:

You're quite right, one can't win on this forum because there are too many posters with a chip on their shoulder about an insignificant issue.

The only people with chips seem to be the ones calling people liars or asking for spreadsheets and receipts for their daily expenditure lol. For the life of me I don't know what benefit anyone would gain by overstating what they spend on an anonymous forum. Doesn't bother me whether people spend 50k a month or 500k a month and I can assure you people here do both but it certainly seems to get some noses out of joint.

[OneMoreFarang]

5 hours ago, ThailandRyan said:

What was the OP about again.  Oh yeah that's right.......How Much, in hard Cash, do you Contribute to the Thai Economy Each Year? Ex Tax. Some wanted examples so there you have it.  To each his own. Enjoy 

Imagine an OP would ask how many girl did you "meet" in Thailand. Is that a reason to write all about it?

But then I guess on TV that could go on an on. 100,    1000,    no I had at least 10,000. Yeah, sure.

[Lacessit]

1 hour ago, starky said:

The only people with chips seem to be the ones calling people liars or asking for spreadsheets and receipts for their daily expenditure lol. For the life of me I don't know what benefit anyone would gain by overstating what they spend on an anonymous forum. Doesn't bother me whether people spend 50k a month or 500k a month and I can assure you people here do both but it certainly seems to get some noses out of joint.

Apology accepted, I don't care how much or how little anyone else spends. What I do know is while I'm spending what a rural Thai would regard as a small fortune every month, it's a lot less than I would be spending in Australia for the same lifestyle.

[OneMoreFarang]

4 hours ago, starky said:

Cant win on this forum can you? People ask what you spend, then demand proof or call you a liar and then if you relent and try try explain what you actually spend your a show off. Incredible! Never seen so many jealous bitter people in the one place.

What would you think about a person in real life if he talks in detail about how much money he spends on this and that?

[Lacessit]

4 minutes ago, OneMoreFarang said:

What would you think about a person in real life if he talks in detail about how much money he spends on this and that?

On this forum, one can always sign off and walk away. In real life, it's much more difficult to escape from a bore.

[OneMoreFarang]

1 minute ago, Lacessit said:

On this forum, one can always sign off and walk away. In real life, it's much more difficult to escape from a bore.

Correct, but the impression is the same.

[BritManToo]

9 hours ago, Grecian said:

You have all that wealth yet you could only get a single mom as a partner!!!!

Not a young one at that!

I've had virgins, and I've had single moms.

Single moms are better IMHO.

[BritManToo]

6 hours ago, starky said:

Why do half the posters here talk about everything in relation to getting drunk or barfines f f s . Get a life

Because we came here for the hookers and booze.

If you didn't want hookers, there's no reason to come to Thailand.

Would point out there are currently no barfines, the bars have all been closed by COVID.

[Brierley]

1 minute ago, BritManToo said:

Because we came here for the hookers and booze.

If you didn't want hookers, there's no reason to come to Thailand.

Would point out there are currently no barfines, the bars have all been closed by COVID.

Just because that's why you came here, don't assume everyone else has the same reason, they don't.