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

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22 hours ago, Kwasaki said:

buy a 1 bed condo in Bkk for 10,000,000 baht

 

Where can you find a   one bed condo in BKK for only 10,000,000?

 

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  • CharlieH
    CharlieH

    When you consider the average Thai earns around 12k or lets go up to say 200k a year and you put around 12 times that, so 12:1   One might think they would place more value on ones presence,

  • CharlieH
    CharlieH

    I must say the OP at around 200k a month is "on the high side" I would struggle to spend half that even if I had it...5555, which I dont.

  • BritManToo
    BritManToo

    I manage to spend around 500-600Kbht/year. I don't understand how some of you guys can spend so much. My spend includes 3 m/cs and a pickup, the repayments on a house, 1 kid at university an

1 hour ago, BritManToo said:

The divorce can't be making him happy after 25 years with the same woman.

On the contrary!  By this stage all the anguish will be long over for both of them.

1 hour ago, BritManToo said:

He keeps coming round to complain about his wife.

She keeps coming round to complain about her husband.

The very definition of a happy couple, no?

7 minutes ago, Andy from Kent said:

 

Where can you find a   one bed condo in BKK for only 10,000,000?

 

My sons two bed condo was 3•750 million some good few years ago I don't know what the govt are on about 10,000,000 baht condo's, maybe penthouses.

Personally I don't spend that much I think (my wife would disagree though ????), but my business supports several Thai businesses. If contributing to the Thai economy were a criteria for getting a visa, I would probably deserve it easily. 

1 hour ago, whiteman said:

152230 per year is health cover  74 years young

That sounds like good value!  What does it cover? 

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Well in the last two years I've only transferred over 200,000 baht per annum. The wife has an investment that nets her 30,000 a year and her homestay has a handy net profit (when not shutdown due to COVID). I'd say we live quite okay on about 450,000 baht per annum. No debts, no drinking/smoking/gambling, wife owns the land/house/business, 1 car, 1 wife and 2 Labs. We live in a remote rural northern location. She hasn't been out of the province for the last two years and I've only had two day trips out over the same period. Our days of international work/living/travelling are done and we are not missing it.

600-700,000 baht I guess - but I seem to spend most of our spare money after rent and bills and school on facebook marketplace - which is OK by the wife as it's not going on other women !

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19 hours ago, Susco said:

I really wonder how one can spend 6300 Baht each and every day of the year, even when eating the most expensive of imported food, unless you have a family of 5 or go to the bars every other day.

 

 

I have a family of 5 and we spend on average 20,000 Bht/month...

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5 hours ago, NCC1701A said:

my girlfriend is a smokin' hot 20 year old gogo dancer from Prachin Buri and she is way more expensive than leaving 5 air conditioners on 24/7. 

The Viagra cost alone to continually ride this little filly must be a kings ransom in itself.

4 Kids in a reasonable school , 2 Cars and quality family health insurance pushed my spending north of 5m a year!

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I try to budget around ฿120,000/month but usually go over that.

2 hours ago, BritManToo said:

The divorce can't be making him happy after 25 years with the same woman.

After 25 years, it is not likely the same woman... 

16 hours ago, Rampant Rabbit said:

Perhaps he  gives to charity.

i strongly suspect he counts buying condo/house/car as spending, and skipped on resale value

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22 hours ago, Pilotman said:

Indeed.  I should struggle to spend it too, but I only buy Western food stuffs, the very best of meats etc, cheese.  Its not good really, but my food bill is no different than it was in Taiwan or the UK.   I could live cheaper, but its part of making life tolerable.  

I follow a similar path to you and spend around 1.2 million baht per annum, but that does include about 200,000 baht given to my daughter to pay for her accommodation and university, north of Bangkok.

 

I should try and cut down, being a single man, but there again I'm 74 now, so whenever I get worried about my spending, I console myself with the fact that I won't have to worry for too much longer, so enjoy it whilst I can!

 

PS. I heavily edited my post due to some "unsavoury" replies on posts of other folks spending.

44 minutes ago, Kwasaki said:

My sons two bed condo was 3•750 million some good few years ago I don't know what the govt are on about 10,000,000 baht condo's, maybe penthouses.

Nah, special price for foreigners.

Just now, xylophone said:

I like good cheeses and buying Stilton is damn expensive, although the NZ Mainland cheeses and some good French Camembert make it to my fridge on a regular basis.

Mainland Tasty, special offer at Makro, 245bht for 500gm.

About 2.5 mill Bht, some of which is used to fly out for holidays too so maybe 1.7 mill in-country. 

7 hours ago, ThailandRyan said:

I have not attacked you, but you have attacked me.  It does not matter what the OP is about you always seem to try and slam everything and anything I write.  Agree to Disagree and log out if you don't like it.  To continually drone on and on is the true sign you enjoy baiting people.  Adios Amigo.  

That is why I put him on "ignore" a few years back. 

  • Author
2 hours ago, JeffersLos said:

 

"Surly that's worth a annual extension with no questions asked."

Out of context. You are reading something in that phrase that is not there. 

23 hours ago, Kwasaki said:

Why would you think that your should be treated differently when what they want from you is to buy a 1 bed condo in Bkk for 10,000,000 baht. ????

Maybe OP from the USA.

2 hours ago, chalawaan said:

When you order food online (mail-order) is that foreign brands? I ask because Im a bit tired of paying +$10 for breakfast cereal. Though with the baht tanking that will not get better. It seems up or down, we cant freaking win!

We have no rent/mortgge, eat or order out at least 3 times a week, enjoy about 1-2K worth of wine a month so 2-3 bottles 555. Fly or drive about every 2-3 months for short breaks, And I agree that the monthly retirement requirement of B65K more than covers both our expenses with 20K or so to spare.

Yes mostly UK brands at the moment  use Siamburi's online partner, https://expatfoodsthailand.com/

 

The others are ok too but I find Siamburi's cheaper and a wider range.

 

Here you go. https://expatfoodsthailand.com/product-category/groceries/breakfast-cereals/

 

 

Hi all, well let's start, firstly I don't pay rent, bar girls, plus I drink mainly at the home which I own. These factors signifcantly reduce costs, of course we socialise but people need to understand,  are you a tourist or a pisspot bar fly. Let's face it most of us are a little to old for that. Why don't we enjoy our retirement gracefully. That comes from 25 years li.ving in Pattaya. Cheers guys.

On 5/9/2021 at 3:54 PM, bkk6060 said:

About 1.5 million for me.  Would be hard to track however as some goes into the pockets of...  Well, you know who.

And, I expect nothing in return as I think I get a lot from it.

1.5 for me too

I am not surprised therefore, that was at first I thought anecdotal: farangs are rich, is actually true!

 

It is a little more difficult for me as I have to rely solely on my charm and wit!

15 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

For some that is life, up to them as they say here. 

I am retired in Thailand because I cannot afford to live a like standard of living in my own country. Yank with Thai wife and her Daughter. We go through my monthly required income of 65,000 + a month. Each of the last 4 years, safely over one million baht a year.

  • Popular Post

The other key difference is that we’re bringing “outside” money if you’re not working.  It is a direct injection of capital without taking opportunities away from Thais, whereas someone working is essentially just moving the same Thai money around. 

It used to be about two million but when they started acting like tw@ts with the TM 30 nonsense I stopped traveling around and now with the Chinese virus it's down to about one million

  • Popular Post
On 5/9/2021 at 7:16 PM, CharlieH said:

I must say the OP at around 200k a month is "on the high side" I would struggle to spend half that even if I had it...5555, which I dont.

 

Have to agree, with a large family and kids in semi-private schools, private health insurance for all, car and house insurance, eating well, mostly farang food, clothes, domestic trips, just this side of a mil per year, but I budget on around 70k baht a month, 200k baht sounds like a lot, although we don't rent or owe money.

 

I could afford to spend 200k a month, but why waste it, I would prefer to have it as a backup, for maybe when we go on an overseas trip or buying a new car, but then again, depends on how much one is worth, or how quick one wants to run out of money ? 

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