Answered5 months ago
Is £300,000 enough for a 59-year-old to retire in Thailand?
I am definitely wanting to retire to Thailand but Is £300,000 enough for a 59 year old to retire as it will be another 8 years till i get my pension, i have a bank account already which i am building up the required amount cheers steve
Answer summary
The consensus among commentators is that £300,000 can potentially be enough for a comfortable retirement in Thailand, especially if managed well. However, the amount may vary greatly depending on lifestyle choices, such as spending habits on dining, entertainment, and accommodation. Factors like inflation, health insurance requirements, and the need to maintain a minimum bank balance for visa purposes (800,000 THB) are also critical considerations for expats planning long-term residency in Thailand.
237 repliesnewest first
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Angus *********
Buy an annuity with some of that wedge - get some professional financial advice 👍
Dan **********
Go to the Philippines. You 300k euro more or less 21m in pesos. That's a lot of money.
Steve ***********
You should meet a nice young lady and invest in a house and maybe a bar 👍
Nicholas *********
If you enjoy the nightlife you will not have enough.
I rent a fully furnished condo in Bangkok near asoke
Have WiFi, netflix, swimming pool, gymnasium, sauna etc all in.
So that
Depends on your lifestyle but a 1000 baht a day for eating is more than enough.
I rent a fully furnished condo in Bangkok near asoke
*****
baht a month. Water and electricity is not even a 1000 baht.Have WiFi, netflix, swimming pool, gymnasium, sauna etc all in.
So that
*****
0 baht one year.Depends on your lifestyle but a 1000 baht a day for eating is more than enough.
Joanne ********
Depends on if you get sick and need medical care or not.
Christophe ********
Plenty of money but keep away from who you know.. they are very good at getting your money and you could end up like many others. Just be careful
Penparn ***************
You will be ok
ไร่สวยกระโทก **********
Depends on how you manage your money wisely. For example - £ 30,000 = 1,300,000 baht per year will last you for 10 years but on your first year will cost you more to settle down and 2nd year onward if your keep your budget at £30,000/year you will have at least £30,000 for rainy day.
Pavlos *******
If you find young girl in 2years you have nothing 👌
alphaQ******
You should check out Tattie's Thailand YouTube channel. He's so tight, when he squeezes a penny, the queen farts!
HumblePo********
Is wrestling fixed? 🙄🤔
Robbie ********
Yes deff
Doug ********
Easily enough
Doug ********
Nowhere near enough
Doug ********
Both are right ,depends how you want to live
Scander*******
Dude, Don’t tell anyone what you have. You will be a sitting duck.
Pete *******
£300k invested wisely and receiving a modest 5% return would generate an income of approximately 55k baht per month. More than enough to live a comfortable lifestyle in most parts of Thailand.
Breathtakin***********
That's
*****
0 baht per month for 8 years. Just make sure your upcoming buffalo doesn't cost more than half of that. 😂😂
Jose *******
You have more than enough. Don't buy, don't do girlie bars or their families and you'll be cool.
Michael *******
Only thing I would advice you is just keep a modest living if you keep a high end living money will be swollen up before you know it .. keep you financial status to yourself and keep most of that in the uk that is the main priority.. come enjoy Thailand fantastic country to retire..
Breathtaking************
That's 13m baht! If you are financially smart you can live on this forever.
David ******
Thats plenty enough to go bye .you can retire at 50 years old
Jabron******
Invest that money and live off the income from it. And keep your social circle small in Thailand there are a lot of losers farang and Thai that will drag you down.
Christopher ******
300,000 GBP is only enough if you transfer 150,000 GBP to me, then you are free to do as you please 😆
Pierre-Paul ********
£300,000 in a NS&l government bond currently yielding 4.8% for 3 years . Would give you £14,400 per year. ( for 3 years at least it may go up or down after the 3 years of course )I’m not sure if you pay tax on those. Just looked and apparently as of today, there is a 10 year bond yielding 4.92%!
Pierre-Paul ********
Yes UK government bonds are taxable but can be put in to a ISA according to search assist 🤣🤣🤣
Jørgen *****
Yes, if you stay away from the bars and the girls 😂
Been there done that and it was a lot of fun 😁 But money runs out quickly that way 😆 So don't do what I did. The right way is to buy a condo since you cannot own a house 100% and lead a quiet slow burn life and sprinkle it with occasional female company 😃
Good luck 😉
Been there done that and it was a lot of fun 😁 But money runs out quickly that way 😆 So don't do what I did. The right way is to buy a condo since you cannot own a house 100% and lead a quiet slow burn life and sprinkle it with occasional female company 😃
Good luck 😉
Knowledgeab***********
Sounds like it would be enough, but anyone whose been out here long has seen 100s of people do the same thing and run out of money and get put into a terrible spot. Better be extra smart, or even if you think you won’t spend a lot and you look and you’re broke. Seen it happen many times.
Krystian ******
Yes just rent dont get milked dont go yolo
Manfred **********
It isn't clever to talk online about money.
Phil *******
All depends on your life style,
Thailand ********
That’s £12,000 a year ( at least ) in a fixed deposit account
Easily enough
Easily enough
HappyTu********
Depends on many things like lifestyle, health, inflation, exchange rate fluctuations to mention but a few but also how dependent you will be on your pension in 8 years. If you need to keep & use some of the 300k for longer then need to plan accordingly.
In the meantime make a budget and work out what you need to spend and forecast your cash flow. Sounds doable on 300k but needs careful planning.
In the meantime make a budget and work out what you need to spend and forecast your cash flow. Sounds doable on 300k but needs careful planning.
John **********
Plenty
Dac *******
Wow if you can’t can’t you should see a therapist about your spending habits. 😂
Paul *********
Love you long time will have that in one month . Hysterectomy for her water buffalo , mother's sisk , father's sick , chicken sick , new motor , phone ring , wedding ........
Steve *****
You have minimal 135.000 baht per month during these years. But you need capital to start your retirement visa. So you better spend 100.000 baht per month
Shane ********
Like a king
Renee *************
I did the math and that comes out to around $3600 USD per month. Me and my two children live extremely comfortably on about that and we do not live a cheap lifestyle.
Tim **********
Contact Ex pats Thailand based in Bangkok for advice on your Tax situation.
Philip *******
You could spend a lot of that on wine, women and song, then just squander the rest.
Phil ******
You can rent a cheap place around 10,000 baht a month. Multiply that by the number of years.
You can eat 500baht a day. So yes you can easily live on that amount.
You can eat 500baht a day. So yes you can easily live on that amount.
Mick *********
If you have no other income that will last about 10 years with a comfortable life style. Even longer if you go for a tighter budget.
Giorgio ******
in Thailande they don't count money iin £ , but in thai bahts .
James **************
Yes.
Ian ********
Best advice is to leave what you can in uk and invest it
Bex *********
Slong as you get out of holiday mode
Pat *********
Easy, 20 grand a year, but it depends on the wild/ nightlife
Stewart *********
Just don't waste it on bar girls and don't buy any buffalo
Kathy *******
Thought u only needed 19k in your bank to libe in Thailand?
Christian *********
Is this really a question? You could live on just the interest. Even if you're only making 5% 
MagentaZ********
More than enough. You might meet a women and then she wants a house. So your 300k might vary. If you’re just paying an average condo rent you’ll have enough until your pension even if you splurge on food mixed between western and Thai. I spend about 70,000b a month for 2. I eat out all meals a day and order grab basically daily. I never check the price. 95% of the time I’m having Thai food like mookrata and shabu buffet. Just so you get an idea on how my spending is. You’ll get people who says they can survive on 20,000b a month. That’s true but they’re having moo ping with stick rice the morning 30b and kapow 50-60b. So, yeah your 300k pound should last you 8 years. Also, you invest your 300k in stocks or how ever you like the gains are about 8-10% and take out what you need here and there. Let your money work for you
Joel *********
I would advise against publicly disclosing your financial assets online, as it may not be the most prudent course of action.
Gerry ********
That's more than enough if you are careful with money and spend wisely.
Rae ******
its plenty
Malcolm **********
I did similar and had to go 11 years before my pension started. Take things easy, rent don't buy yet and remember that you are living here not on holiday. Make a budget and stick to it, when I came over it was 50 Baht to the pound and then Brexit hit and it dropped to just 36 at one point so I had to adjust the budget a lot but managed. You can still live cheaply in Thailand if you don't spend all you time in the bars and eat Thai food or cook for youself but western food and even things like sauces can be expensive when you can find them. Places like Pattaya are much easier for a single guy and western food is easier to come by but more expensive than Issan so maybe try short term rents in different areas first before deciding where you want to live full time. I spent 10 years in Pattaya and now live in Khon Kaen, the life up here is much slower but suits me.
Alexander *******
I would try to dip into it as little as possible. Try to get an income from it and live within the means it allows. A sensible person could probably manage but it wouldn't be a hedonistic lifestyle. An idiot can be relieved of it very quickly as is known to happen frequently here.
Chris *****
All these women will milk you dry. Never let them know how much you have. Tell them you are on a fixed pension and never spend like you are not.
MNathalie *********
More than enough
Lisa *********
It will last as long as you don't become an ATM for a bargirl
Kenneth *********
Yes
John ********
Depends if you are a pisshead or not !
Joris *****
I think that it would be good to build a portfolio with stocks, bonds, gold
Win *****
All depends on how you live and spend, some not enough but some live happily
Niall *******
Its plenty, but stick religiously to a monthly budget, and never exceed it.
Dave **********
You are not ready. Wait until your pension kicks in . Dudes telling you that you have enough, Are not considering Health insurance or s*** happening. If you go through with this you'll have a very little cash in your account.
Valentine ****
Do you have that amount invested in the market through your investment account and will be withdrawing using the 4% or is it just pure cash sitting in a savings account ?
Dave *******
Don’t tell anyone how much you have
Den **********
Dave Woods Aye i got 2 million 📢💲
David *******
Totally up to you living style and expectations.
Andy ******
Why do people have to disclose there finances , if you have been to Thailand before you should know how much you need for whatever lifestyle you choose and where you choose to live , you don't need to tell the whole world .
Andrew ***********
£300k could potentially last you 1 day or 20 plus years 🙄
Alastair *******
Avoid partying and playing with bar girls and you will be fine. You can reduce your outgoings considerably by retiring in Thailand vs the UK and then your pension pot will go alot further/last alot longer. But alot of this depends on your lifestyle.
Shaun *******
Sounds enough... 1 normal thail woman will FLEECE THE LOT within 5 years.. MARK MY WORDS! You have been warned. Or even scarmmers on here! 👀 now they know how much u are worth. WELCOME 🙏 💰
Cara *****************
Shaun Doyle how do you make a Thai a millionaire.give then Two million to start with.
Jason ***********
Shaun Doyle you are right my guy
Chris *********
Shaun Doyle you are looking in the wrong area bud. When I keep dealing with the same crap over and over again, I look at the one constant in all of them..... me.
Andrew ******
Chris DeGrego True some of the Country people are genuine
Sylvia ********
Shaun Doyle not normal thai lady, your talking about those who are in entertainment business, that's their job! Plenty i know with foreigners go to work and share bills too
Shaun *******
Sylvia Corley not met 1 yet. $$$ is all everyone of them are interested in. Fact.
Sylvia ********
Shaun Doyle depends where your looking! Get away from tourist areas
Nard *******
Shaun Doyle true shaun
Gavin **********
Shaun Doyle Good advice.
David *********
Invest the 300k in the UK in around
***
yield ETFs , that will keep the cash flow for the 8 years , and will just a little planning you won't have to touch the principle .Christian *********
David Moloney exactly!
Meor **************
why u not just retired at your own country?..🤔
Christian *********
Meor Mohd Zafuan i'm guessing because he likes Thailand. And that's not nearly enough to retire in England. 
Meor **************
Christian Bourget told u that thailand actually not really nice...yes they maybe pretend or whatever, as long as you have money..LOL
Mark ********
So many options even set up base and travel all over SEA
Mark ********
Or just go on holidays Twice per year investing the money when you retire you will be minted 🤩
Lee *********
You can if you find yourself a Thai girlfriend to manage your money.
Ingvar *******
If you are healthy in all years.
Den **********
Ingvar Bergh Could have heart attack or stroke tomorrow.
Could have. No action required.
Will have. Action required.
Moral.
Dont let COULD & IF dictate your future.
Could have. No action required.
Will have. Action required.
Moral.
Dont let COULD & IF dictate your future.
Ingvar *******
Den Williams There are much more possibilities to end up in a hospital bed...
Roger **********
Realistically you need 18k deposit for your retirement visa,
You probably would need to buy a motorcycle that would leave you 30k available cash,
Your investment of 250k at a 4% tax free account would give you 10k a year.
This means you keep your lump sum until you pension kicks in,
10k is doable but you don’t get bells and whistles.
You probably would need to buy a motorcycle that would leave you 30k available cash,
Your investment of 250k at a 4% tax free account would give you 10k a year.
This means you keep your lump sum until you pension kicks in,
10k is doable but you don’t get bells and whistles.
Phuong *****
With that money go vietnam set up a coffee shop and can live no need your pension.
Michael *************
Qqqi and Spyi ETFs will get you 30k plus a year in dividends very tax efficient covered call ETFs
Arnold **********
Easy
Trustworthy************
Not if you get married or have an expensive girlfriend. But otherwise, yes.
BC ********
TrustworthyFlamingo4178
Of course never take an expensive girlfriend. But a good girlfriend will save you money.
I am also against the marriage gamble myself. A possible solution would be just a cere ony at most.
Of course never take an expensive girlfriend. But a good girlfriend will save you money.
I am also against the marriage gamble myself. A possible solution would be just a cere ony at most.
Will *****
Is this Click Baite ?
Colin *******
Stephen, presuming you mean a UK state pension and only that, I'd figure on 8 years of simulating that out of your 300k. That's about 90k. 20k for retirement visa. 30k emergency fund. That leaves £160k
Presuming you live to 90. 32 years left. 160k divided 32 is 5k
So 11,400 "pension" from now. And 5k drawdown. Over 16k a year Over £1300 a month.
If you have any impulse control in a supermarket in the UK you will in Thailand too. £1300 monthly or over 50k baht is easy living.
Presuming you live to 90. 32 years left. 160k divided 32 is 5k
So 11,400 "pension" from now. And 5k drawdown. Over 16k a year Over £1300 a month.
If you have any impulse control in a supermarket in the UK you will in Thailand too. £1300 monthly or over 50k baht is easy living.
Mark *********
Colin James none of these figures take into account inflation right ?
Colin *******
Mark Holgatestate pension is index linked and UK savings nearly always better inflation. So it's very inflation proof I'd say.
Chris ******
Mark Holgate 4% interest on his savings will cover that
Jorge ****
A commenter divided your money by eight years, then came out with a monthly figure of 125k THB/mo... that's about twice what an expat makes working as an English teacher at an average school. You'll definitively live well, unless as another commenter said, you want to play the two week millionaire role. Look at the past employment ad below. Also, do not give your money away to the locals (or expats). Good luck.
John *****
Pritty simple if you dont tell her about the £300k 🧐🤣 then you be ok but if you do then you mite last no more than a year 😎
Gavin **********
John Tom Many sick buffalo 🐃 if she finds out his bank balance 🤣
Chris *****
TLDR; Index Fund, 4% rule. Id go Hua Hin instead of Bangkok.
John ********
You’ll get roughly £12 -15k interest on that. Paying rent you won’t have a flash lifestyle.
Give it a good but don’t put all your eggs into one basket .
Try living off the interest for a year.
Give it a good but don’t put all your eggs into one basket .
Try living off the interest for a year.
Darko *******
Work on 40,000 Baht a month for a moderate lifestyle , that should see you through past the 10 years  by that time you’ll have your pension too or the other scenario see if you can purchase two condos live in one and collect the rent from the other if that’s possible .
Tommy **********
I lived their 18 years and was cautious with my money. I found a teaching job and then I was fine! It really depends on your habits! If you are a drinker and partier then probably not but if you are more laid back then you might have a chance. Don’t forget about the 800,000 baht that You Must have in a Thai Bank. You can use it but every year you must show that account with 800,000 baht! If you are a teacher ( and teaching then you do not have to show 800,000)
Ben *****
Up to you... but, if you have a thai significant other, tread carefully.
Nina *******
Ridiculous post:(
Jon *****
Nina Beppu I agree, you should have avoided it
Chris ******
Nina Beppu 👀
Nina *******
Stephen Evans because your question is very subjective , you are only one who can control your finances and not US
Les ********
Nina Beppu plenty of people are in the same boat and it has given them ideas. Yours is a ridiculous post.
Les ********
Nina Beppu moron
Nina *******
Les Norton NO, you are an elderly person , you should know better as well … end of story and enjoy your retirement :)
Motivate*********
Yes
Mike ************
Thats 3k £ a month till your pension .
That should be more than enough.
That should be more than enough.
Christian *********
Mike Veldhuizen it's also 36,000-72,000 baht monthly in just interest. He wouldn't even need to touch the principal. 
Donnell **********
for 8 years .... if you're single, living modestly.. HECK YEAH., but if you like UK food, paying for a woman's life.... NO IT IS NOT., it will cut that in half ...4 years top
Dean *******
My pension £1500 a month, you have more than enough
Robert ******
I have that plus uk pension in 3 yrs
coming next Saturday
coming next Saturday
Phuong *****
Robert Neal sorry to ask.if a english guy work out side uk .will he get pension when he’s old
Robert ******
Phuong Luu needs to pay uk tax
Mark ******
Go live in a north eastern town on the Mekong like Mukdahan or Nakhon Phanom and you'll be fine.
David ********
Good luck Stephen i think in reality its more than possible if you think it is in the UK. I m hoping to do the same in a few years and ill have a similar amount lots of people on here give rubbish advice. Im sure you'll be fine
Dk ****
You can live very comfortably for 8 years on £300k don’t let anybody tell you it’s not possible. The real question you need to address is will your pension be good enough to continue that lifestyle when it’s gone , UK state pension no chance.
Richard ******
Dk Dk and the uk pension is frozen in Thailand
Dk ****
Richard Dean so basically it would get swallowed up over time by inflation?
Martyn *********
2 off us 40,000 baht month comfortable so depends what your life style is 4% on
*****
0 12,000 1000 month 4000 you insurance 2000 one year out of pot as long as you do not dip into pot to much you be fine
Bob *********
Well i certainly wish i had that id be off already fgs
Carolyn ***********
I would say so, but it all depends how you want to live, same for any country. I was there several months and that amount of money would have lasted me several years.
Darren *******
Work it on £2000 a month
Stephen *******
OPi plan on staying in the Lak Hok part of Don Mueang as my girlfriend has a restaurant there i have seen condos there 1- 2 bed from 8-
*****
baht a month i will be looking into that in september when i get there, i have no interest in drinking every night, i do like to go Bangkok for a few nights every now and then but that is enough for me
Nongnuch ********
you should run your own calculations, because nobody here knows the lifestyle you are used to. For me, on a 12 million Baht savings, I could pay 24 years in Thailand (only if the water buffaloes do not get sick and if I do not ring the bell in the bar too often)
Dave ********
How many ladyboys a month will you require? Will you be staying in a 5000B a month fleapit or a nice 60,000B condo? Are you an alcoholic, have a drug problem or require expensive mental health intervention strategies? So many questions need answering to your, ‘Is $30 million a week enough’ question. Unless ….
Yet another clickbait post. Just ignore.
Yet another clickbait post. Just ignore.
Jon *****
Dave Cooper Not everyone shares your tastes
Rae ******
Dave Cooper Ladyboys, drink, drugs, mental health. Why all the focus on your own hobbies and interests? This forum is not all about you.
Stephen *******
OPDave Cooper definietly not click bait 🤣🤣
Matthew ********
Stephen Moore you same same ….
I am 59, same pension pot, I have enough cash in shares for retirement visa…
I hope to retire late this year when I’m nearly 60 but worry about state pension in 7 years and the amount of money I need to make up the difference …. I will follow this post….🙏🙏
I am 59, same pension pot, I have enough cash in shares for retirement visa…
I hope to retire late this year when I’m nearly 60 but worry about state pension in 7 years and the amount of money I need to make up the difference …. I will follow this post….🙏🙏
Sylvia ********
@Matthew *******
some worry too much. My husband had ill health at 55, 2 yrs later we moved here. He passed away at 66 so at least he enjoyed his last yrs.If things dont work out you can return home then your pension is un frozen. That money is how many years salary for a local, so depending your lifestyle it can last 5 mins or 20 years!!
Neil *****
Stephen Moore just ignore em Steve he prob ain’t got a pot to pee in. It’s well enough mate. I’ve got a 5th of that at 5 years older
Gary *******
£
*****
0 say at 5% year would give you £*****
year. That would be £1495 month approx 65k baht month. That would last for 20 years. If you have state pension then you can reduce the drawdown so should be okay. But I haven't included tax and inflation. And also you will have relocation costs and emergency fund etc. I have a similar amount but will also rent out my property and get an income from that
TaupeRasp*********
Gary Davis
You ain't getting 5% that easily as an average punter atm
You ain't getting 5% that easily as an average punter atm
Aaron ******
TaupeRaspberry5284 If you do the right mutual funds and ETFs you will, I think in my Chase managed investments, not 401k I have averaged 8 to 15% a year for the last decade.
Brenton ******
Aaron Rich thats about to come to an end. You should look into the shadow banking sector and then see how Vanguard and others have invested into them to gain your high returns.
Gary *******
TaupeRaspberry5284 sorry I meant to say drawdown from a Pension
Keith *****************
That's 12m baht. Two good condos 8m, around 60 per month income and 4m in shares and bonds around 160k baht per year or 13k per month. Total 73k per month. You'd be fine. Other scenarios are available
Alex *****
@Keith ****************
don’t give idiotic adviceKeith *****************
Alex Pol no I won't do that!
Adrian *********
@Keith ****************
yes sounds good but with all the anti foreign policies. I expect they will close the condo loophole.soon once they have sold most of the empty ones.Technically it could ne seen as working without a work permit. May be I am.paranoid, may be not!
Keith *****************
Adrian Bursill condos are fine BUT like all property markets it's location location location. Apparently there's 1.4m unsold condos in BKK which is storing up a problem and yes the household debt is a major problem in Thailand. If anything I suspect the later fact will force Thailand to loosen the current populist policy but who knows! This is Thailand.
Paul ********
So you’ve basically just spent your 12 million bhat in one go
4m in shares around 160k per year it’s going to take you 25 years just to get your 4 m back 😂😂😂
Id put 200k in a fixed rate 4.6% interest p.a
Makes just over 9k per year ( and rising ) use the other 100 k over 7 years another
That’s 23k per year to live on until you reach pension age
Then you’ve got your pension and still 200k in the bank
4m in shares around 160k per year it’s going to take you 25 years just to get your 4 m back 😂😂😂
Id put 200k in a fixed rate 4.6% interest p.a
Makes just over 9k per year ( and rising ) use the other 100 k over 7 years another
*****
k That’s 23k per year to live on until you reach pension age
Then you’ve got your pension and still 200k in the bank
Keith *****************
Paul Travis no, you didn't spend it. You've invested it in a tangible asset and diversified. What you plan is, is to spend it and let the principle be eroded by inflation
Rae ******
@Keith ****************
silly advice. fantasy on paper figures never match real life. I have been a landlord for ages. I have been an investor of large sums for ages and own/owned umpteen businesses. The reality is much more difficult....not always. I have three properties in the uk and have had the same tenants for 5+ years. But I have had tenants skip, tenants trash places, scammers using properties as a base. I also own/owned rental places in france and Thailand. I have multiple businesses. I have invested/invest large sums transnationally. Add in the ever present risk of stock market/property crash/unforseen medical bills, defaulting tenants. repair and depreciation. Paper figures never work out. And its a steep learning curve. Invest through others and they bleed your profits. Let others manage properties and they are usually incompetent. Best advice is simply invest defensively, spread risk, dont get into property as the solution unless you really know what you are doing. Even the advice buy two 'good condos' is laughable. isnt every professional investor looking for the same? Where are these good condos for a guy who is a foreigner? Shares and bonds? Who chooses what shares and what bonds. Does the guy even know how to identify defensive stocks and bonds? As for returns on condos.....I can beat any condo return on UK property any day of the week. The guy has pounds. telling him to buy condos is mad advice. My UK properties outperform Thai condos year in year out. in capital growth and income. Not always extremely short term, like Russian influx or the White Lotus effect. But long term steady and predictable. And who can predict those fluctuations. And of course if you move to phuket or samui to manage thses 'good condos' your living expenses shoot up. And like any bubble, you live with the fear of it bursting. tell the OP to stick to what they know. Live cheaply, let the interest build up from safe investments in his home market. Dont get seduced by bar girls and hookers.Keith *****************
Rae Wang that's a long post and I only scan read it. Yes....dont invest in UK property. That would be crazy. Yes do buy good condos with respected developers in Thailand and rent them out. The yield is good. The market stuff is the authodoxy for illustration. I have lots of friends who do just this. I do just this and of course you need to educate yourself.....UK gilt yields are climbing 😂
Simon *******
Keith *****************
Simon Anson Tax is not the showstopper people think it is.
On the property side, Thailand allows expenses and depreciation allowances against rental income, so taxable profit is often substantially lower than the gross rent received.
On the investment side, the Thai government has been back-pedalling on the foreign income rules. The current direction is that foreign income earned after 2024 may be exempt if remitted to Thailand in the same year or the following year, although the final legislation has been through several revisions and is still evolving. Income earned before 2024 remains exempt.
On the property side, Thailand allows expenses and depreciation allowances against rental income, so taxable profit is often substantially lower than the gross rent received.
On the investment side, the Thai government has been back-pedalling on the foreign income rules. The current direction is that foreign income earned after 2024 may be exempt if remitted to Thailand in the same year or the following year, although the final legislation has been through several revisions and is still evolving. Income earned before 2024 remains exempt.
James ***************
Simon Anson What tax, leave the money in your home country’s bank and drip feed using WISE
Michael ************
@Keith ****************
what if they don’t rent out ?🫣Sylvia ********
@Michael ***********
if you work hard advertise them yourself you'll always get rental. Post in travel groups
Nigel *******
@Keith ****************
excellent advice
Chan ********************
You will be fine. Stay away from Thai families.
Den **********
Chan Chai Peter Phrom They come with the offspring your banging. Welcome to Thai culture mate. 😭
David **********
Chan Chai Peter Phrom That is broad statement. If you plan to live in any country and stay away from the native, you will become a effing migrant that does not integrate. Surely starting by learning their language, rather than thinking English is the only language, you will take a big step to becoming part of the community.
Chan ********************
David Perrelet when I moved to LA 24 years ago, I didn’t get married to a part of community. I went to English school. I was born and raised in Bangkok, Thailand. I know Thai people.
David *******
Chan Chai Peter Phrom If you do not like Thai families leave.
Without them it would not be Thailand.
Thais are far nicer than the west.
Without them it would not be Thailand.
Thais are far nicer than the west.
Chan ********************
David Smith I’m Thai person, was born and raised in Bangkok but living the U.S for 24 years. I have seen and heard a lot that how Thai lovers did to their husbands.
David *******
Chan Chai Peter Phrom It happens all over the world online, but I still love Thailand, and my friend said beware of the Thai smile years ago.
I am happy.
I am happy.
Christian *********
David Smith you can like them without getting financially involved with them. 
David *******
Christian Bourget No problem for me for over 25 years. Commonsense!
Make a 30 year lease if putting in their name.
They are not as well off as
most of us and best to meet not on a dating site or Pattaya.
Make a 30 year lease if putting in their name.
They are not as well off as
most of us and best to meet not on a dating site or Pattaya.
Chris *********
Christian Bourget there's not a social safety net in Thailand like in the west. The children are expected to support the family. The real issue is keeping a lid on it, that's where a good wife comes in handy.
Nils **********
Chan Chai Peter Phrom please explain. What’s wrong with Thai families ? They different than farang families ?
Nard *******
Nils Benjamin good old nils, he's in fantasy land if he asks that
Pete ********
Nils Benjamin huge difference ….. Thai families suck the bank account dry very fast …. Then when nothing left they leave and put it down to karma
Lisa *********
Nils Benjamin they syphon off your funds until you're dry
Froggy *********
Chan Chai Peter Phrom ive got 2 ex wives in America what advice would you give me for America.
Jeff *************
Chan Chai Peter Phrom the truth comes out from a Thai person
Paul ******************
Chan Chai Peter Phrom that's fair comment for those situations but many of us have a completely different experience.
Chan ********************
Lisa Callard that what I meant. I don’t have to explain because you said it all. I’m a Thai person was born and raised in Bangkok but I have been living in the State for 24 years.. I have seen a lot of what Thai women did to their husbands. I saw American husband drop his wife at restaurant where she worked and during the lunch break she was fool around with young Thai chef. I met someone who got a citizenship and then divorced him after she took the oath. I just want to warn foreigners who lives in the fantasy dream.
James ******
Lisa Callard that sounds like the typical western woman
Shaun *******
Nils Benjamin Oh yes
Richard ********
Depends on your lifestyle ... but generally yes. If you hit the bars , woman, and weatern food every night . Then no. A big no
MNathalie *********
Richard Stokes
*****
0thb per month he can eat every meal every day at any restaurant.Alex *****
MNathalie Raymond don’t make stupid statements
Scott ********
If you can’t live on that for 8 years there’s something wrong
James *******
Scott Powell Not what he asked though.
Dk ****
James Smith how is that not what he asked? It’s literally right there above in black and white 🤣
James *******
Dk Dk He's "literally" asking about retirement i.e. the rest of his life. You people are staggeringly stupid.
Scott ********
Thank you DK. He’s on drugs 😂
Scott ********
He asked if £300,000 was enough. My response clearly suggests it’s ample Jim, hence referencing the OP’s question quite clearly. What are you on about?
James *******
Scott Powell He asked if £300K was enough to RETIRE on, not live off for 8 years! He is obviously (well obvious to most people) asking if £300K is enough for the rest of his life bearing in mind he won't get his pension (assume state pension) for 8 years. I hope that's clear enough for you.
Cathy ******
Well I planning on jumping on it in the next 6-12mths with just £100k aged 61yrs…
I will still have a house to rent or sell when my funds run out but who cares either way….
Many of us don’t even reach retirement age….
Live life whilst you can Stephen…..£300k is a size chunk if spent wisely
I will still have a house to rent or sell when my funds run out but who cares either way….
Many of us don’t even reach retirement age….
Live life whilst you can Stephen…..£300k is a size chunk if spent wisely
Peter ********
Easy live on that plenty
Mike *******
Yes u can as long as you don’t waste it all on women and alcohol
Jeff ************
Mike Maday Dammit where were you when I needed ya !
Chris ********
How long is a piece of string?
If you have 300k GBP then that would be about 13m Thb, over 8 years that's 125k Thb a month.
You could live like a celebrity in most parts of Thailand, in Bangkok you'd have a fantastic standard of living, however, If you want to live in a 3 bed hi end condo in Thong lor, and want to visit Michelin star restaurants 2 times a week and have the top medical insurance then you'll be no better off than you would in Britain.
It's costs and balances.
If you have 300k GBP then that would be about 13m Thb, over 8 years that's 125k Thb a month.
You could live like a celebrity in most parts of Thailand, in Bangkok you'd have a fantastic standard of living, however, If you want to live in a 3 bed hi end condo in Thong lor, and want to visit Michelin star restaurants 2 times a week and have the top medical insurance then you'll be no better off than you would in Britain.
It's costs and balances.
Janin ******
Chris Elstob , don’t forget the 800.000 for visa, and health insurance !
Brenton ******
Janin Ackx why do you need health insurnce?
Brenton ******
Why not just get a O type visa?
Brenton ******
Janin Ackx why would I need go fund me? My healthy mind can think things out. It was costing me $3,500 AUD a year at 68. They told me in 5 years it would go up as I am getting older, with inflation to around $5000 AUD. As you go through your 70s insurance goes through the roof, by 80 they won't insure you just as you are now going to need it. So far my health is good. In 10 years I will have saved $50,000, I will use that to pay for any medical needs. I save the money I would have spent on insurance. We will both arrive in our late 70s without insurance, the insurance company will have your money, I will have mine. It is a gamble in that I don't know what is just around the corner, but I get regular check ups so I am monitoring by health and can take action to avoid a major health event. I also have accident insurance as I ride motorbikes.
Glennstev ***********
Chris DeGrego comment is incorrect
Janin ******
Brenton Lett , ..you can try go fund me if anything happens….! A person with a healthy mind has a health insurance, specially in Thailand…
Chris *********
Brenton Lett you need health insurance to have a non imm O
Isaac ***********
Brenton Lett depending on what type of visa you have health insurance covering $50k USD or $100k USD in the bank is a requirement to get many visas
Copper*******
Chris Elstob definitely still be better off than UK, that place is miserable
Chris ********
CopperElk5611 everywhere is miserable at the moment, at least here in Thailand we have the weather
Ahhh, it's just hit the rainy season.....foooook 😁
Ahhh, it's just hit the rainy season.....foooook 😁
Andy ********
CopperElk5611 how can the UK be miserable? Last time I checked it was a land mass. If you are miserable then that is down to you. If you now live in Thailand you will be miserable too. If you aren't now give it time because it will happen.
Chris ********
Andy Oswald to be fair, the UK is knackered, it's just an expensive knackered.....country whereas Thailand is a less expensive..... knackered country.
At least the rain is warm here
At least the rain is warm here
Terry *******
son lives in bangkok and gets by on £700 a month comfortably £500 when living carefullynever cooks , doesn’t drink much has a girlfriend who has a good job. if that helps
Paul ********
Terry Brown £700 = a very basic lifestyle in Bkk, even if he doesn't drink/party.
Terry *******
Paul Curwen lives in sathon he’s had to learn to budget but it can be done that’s the point as there is always something waiting to break get lost run out expire prematurely get cancelled blocked or foul up and you just have to manage . this is an average over 18 month period in bangkok down south on islands is considerably more 2 months in samui being £1000-1200 min
Terry *******
when in rome
Terry *******
Paul Curwenshe has her own gaff nearer her office but stays over at his weekends and does contribute to food . £1000 a month would be my budget and stick to it
Paul ********
Terry Brown I think if you take away the fact his girlfriend has a reasonable job his budget would be significantly inflated. £700 a month on your own you're living well into the local suburbs and certainly not with aircon.
Colin *******
Plenty, pack your bags
John *****
How do you intend on investing the $300k would pay a big part of how well you can live.
MNathalie *********
John May it's pounds £ not $
John *****
MNathalie Raymond regardless of the currency I asked how he was going to invest it. So far no answer
John *****
MNathalie Raymond great we've already covered that and I don't have a pound sign on my keyboard... fckn bellends
Christer *****
John May £.
John *****
Christer Bau Well how are you going to invest it? 300k @5%is 15k/ year.
That's about 650k baht a year without touching principle. If you have some risk tolerance and invest in stocks you could easily attain 8 - 10% a year without touching principle.
You could live a reasonable life on 1.2 million baht a year.
That's about 650k baht a year without touching principle. If you have some risk tolerance and invest in stocks you could easily attain 8 - 10% a year without touching principle.
You could live a reasonable life on 1.2 million baht a year.
Emile ******
John May it does depend on lifestyle, but 54k baht per month can be get you decent life. I'm in Udon Thani, rent for a 2 bedroom townhouse in the middle of the city is 10k per month, with utilities. I spend 2k on geoceries and eat out often for about 200 baht a day. And that is pretty much all i really need here. So would have enough to splurge a little here and there when i feel like it, but I enjoy the quiet life
Chris ******
I'd say you won't be able to live in Thailand's more expensive areas. But you do have enough money to retire comfortably I think. Obviously it has a lot to do with they lifestyle you hope to have in retirement.
Stephen *******
OPChris Wood i plan on staying in the Lak Hok part of Don Mueang as my girlfriend has a restaurant there i have seen condos there 1- 2 bed from 8-
*****
baht a month i will be looking into that in september when i get there, i have no interest in drinking every night, i do like to go Bangkok for a few nights every now and then but that is enough for me
Steve *********
Stephen Moore If that’s the case you’ll be fine, similar to me in that my girlfriend (now wife) had a business and a house which takes the pressure right off.
Mike *************
Depends on the budget you are comfortable to live with.
You can live for very cheap but likely will not be happy. If you like to drink a lot, that raises your cost of living a lot. Also depends on what type of rental you want. You can get decent ones for very good prices but if you want something nicer, then costs go up.
Best to go for 3 mos (or better for 6 mos) and do a test run with an affordable option to see if it works.
You can live for very cheap but likely will not be happy. If you like to drink a lot, that raises your cost of living a lot. Also depends on what type of rental you want. You can get decent ones for very good prices but if you want something nicer, then costs go up.
Best to go for 3 mos (or better for 6 mos) and do a test run with an affordable option to see if it works.
Stephen *******
OPMike Deslauriers i plan on staying in the Lak Hok part of Don Mueang as my girlfriend has a restaurant there i have seen condos there 1- 2 bed from 8-
*****
baht a month i will be looking into that in september when i get there, i have no interest in drinking every night, i do like to go Bangkok for a few nights every now and then but that is enough for meMike *************
Stephen Moore Condos for 8-
Definitely doable and if it's ever not as great as you thought/want - what is? Ultimately, is it better than not living there - your answer should be the same as it is with many others. That it's worth it.
*****
are fine for many but not all. If you're not in bars all the time, that is a huge money saver. A gf is also better than bar girls and the like. Your budget shouldn't be an issue and if you're still happy with it after a year, you're set.Definitely doable and if it's ever not as great as you thought/want - what is? Ultimately, is it better than not living there - your answer should be the same as it is with many others. That it's worth it.
YellowL*******
I’m 56 and that’s the same amount that I have - I’m moving to HuaHin towards the end of the year
Tommy **********
YellowLynx3592 Did you have to show 800,000 Thai baht in a Thai Bank? If you are married to a Thai then it’s only 400,000. If you have equivalent to 65,000 Thai baht coming in to your retirement account then you do not need the 800,000 Thai baht.
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