Is a 120k nest egg and 17800/year pension sufficient for retiring in Thailand as a UK citizen and working as a diving instructor?

Hi John. Don't marry a Thai woman and this money will be enough for you

could be fine for now as long as you've got decent health insurance and are happy living a relatively simple life - whether the maths still works in 10 / 20 / 30 years is another matter (Thailand is still a developing country so it's likely to become much more expensive over time)

Money is adequate if you stay away from bars but keep in mind if you start dating or get married you will find it may not be enough.

You can do it comfortably for a lot less

Your choice

Easy,

hmmm you won't be loaded but it's ok if you're not an habitual bar guy or massively into golf. If you're into bar girls, you've probably got about 18 months!

Money good, just retire and enjoy it 😉

All the best

Check out this handy savings drawdown calculator available online. Add your uk pension at 67 and I would say you’ll be fine.I’ve just spent a year in Hua Hin and would say your budget is fine. Most day to day expenses are cheaper. My council tax and utility bills not including rent uk £500. Thailand £60.

Enough to live on and invest your nest egg wisely. You cannot work if you go the retirement route.

Buddy if you like pm me I can put you in touch with my British financial adviser who works in bangkok , to keep your money growing , I do the same

Avoid investment plans

Regardless of how much of a no brainier it is.

Just rent a condo etc and enjoy

Avoid ladies of the night for anything more than ANight.

Its really not a lot of money the way things are going over here but yes you can be a dive instructor but you’ll need to live on the coast somewhere

2000B a day. That's absolutely fine if you stay single. Put a Thai girl in the mix? Take your age , multiply by 100, is the general rule. 😂

I'm doing the same with similar budget in Surin. It's plenty of money to enjoy life, but like anywhere else just dint spend more than your bringing in. It's a wonderful lifestyle, great culture.

depends on where you want to live rural North yes

Don’t think about working, give it 1 year of doing nothing except what you want to do and when you want to do it, and you will not give working again a single thought

Yes enough for good life but becareful new buffalo 🐃 are in demand lol

Fir diving you'd need a work permit. Drop.me a line if you'd like to chat.. ScubaNicks. Here since 2004

You will get an amazing place on Kho Tao which is a diving mecca and you can freelance just for something to do

Reluctant to comment, as it will probably get deleted. Yes you can live comfortable on your pension if you don’t go crazy. Try pay it all to Wise or Revolut. Exchange and transfer at least 65k baht per month for 12 months. This will help with next years visa. Try get proof of your pension. This will help with your first retirement visa. As for bikes or scooters. Hire a small 125cc. Much safer.

Modest life in Bangkok but totally doable, *or* a very nice life in a smaller city with few expats if you're comfortable with that. (Think Buri Ram, not Hua Hin.) Or split the difference and go to Chiang Mai but then you've got poison air a few months a year. In any case I hope you like Thai food and/or cooking.

Don't touch your nest egg: it's not that much but you'll really need it if this doesn't work out and you have to go back to UK. Also: plan in advance for health insurance, for little things it's fine to pay as you go but you'll lose that nest egg real fast if you're hit by a moped and go to the private hospital uninsured.

As others have noted: watch out for the booze and the babes, either one can torpedo your budget before you realize what's happening. The good news is that with a little patience you can find a partner who carries her own weight (or his, whatever) and drinking like normal Thai people is actually pretty cheap. You just have to like highballs. :-)

You cannot work with a retirement visa. You can have a work visa but restricted to few jobs. But a bike? I wouldn't, it's dangerous in Thailand...but that's my view. The Thais could do with some good driving instruction however you may not be able too. The driving schools will not be to the standards you may expect and the fairness you may expect.

More than enough

But.....

Booby traps are all around

Not only the ones with boops

And

Level zero means

Back home with

0😥

If you put £ from your nest egg in A Thai bank account to secure your visa you will live very comfortable in your .

= 0THB/pa=THB/Month

Easy unless you are a piss head and ☆☆☆☆☆ diner. I live comfortably on THB/Month and still holiday education in Vietnam etc each year

You can have a good life here with that. I left UK 6 years ago, if you need any help or advice DM me.

Does it really matter what it's called? Stop being so picky

I suggest you rent - do not buy as you will lose!

Budget for 10 - 15k baht per month on a condo. Don’t choose an area until you’ve traveled to a few places. Enjoy this travel around Thailand.

Enjoy Thai women - you don’t need a wife so soon!

Get a scooter or bike as it gives you mobility and is fun. Wear proper gear and get health insurance that covers riding motorcycles! Look at the fine print, ok!

Have fun

👍😁

Driving instructor in Thailand 🤣🤣🤣🤣🤣

Asking if its enough. 😂Brother you’re set for life

For working it depends on what type of visa/permit you come in on if you get a retirement permit You can not work.The money you have can last if you stay away from bar girls with the top up of your OAP in 7 year if retiring here forever it will be tight don't forget health insurance it's about £100 per month good luck 🙏🙏

Money should be enough if you stay away from bars and scammers, but being a driving instructor from UK , looking at people driving around in Thailand will drive you nuts😂

Hopefully you don't try to be an English teacher!

Nest egg adequate work.not that easy in Thailand gor non Thai

Visa night mare..but you will meet someone.

Give it a try i would..good luck

Easy !

Easy you can travel and do a lot if you lead a simple life especially if you work in diving

Best wishes enjoy

And don't contribute to the Sin Sod benevolent fund. 🤣

Pretty much no travel on that budget

But make do with what you have and you can be happy there (much better than in the UK)

Good luck, 59 is a good age in life to make a new move. Thailand can be as expensive or as cheap as you want it to be. Also, as in most countries it also depends where you live and the associated lifestyle; if you just want to chill in rural Issan you will be relatively well off, in the posh parts of Bangkok you will struggle to have any quality of big city life.

You would be able to work, plenty of diving instructors here. But I also think you have enough to have a decent quality of life, compared to that which you would have in the UK. Just go for it, live your life, seize the moment… you earned it. Just be savy and don’t fall in love with the wrong one.

He cannot work without a work permit

You wouldn’t need to work if you didn’t want to, but if you did, you can.

not sure about work permits for foreign divers. Although there are quite a few, a diving school will require to employ four Thais to be allowed to hire one foreigner. Not many diving schools hire foreigners, because they are already owned and run by foreigners, so why would they want to push their expenses over the limit (also regarding that during the rainy season, diving tours decline as the sight under water will blur). And employing Thais is tricky - if you cancel them, you are still required by law to pay 3 more months of wages

More than enough, but don't support the dead Bison

that's 66.000.- THB per month, you can live comfortably on that. If you stay away from excessive partying and drinking, you will enjoy it. Spend some off the egg nest on a scooter - they are cheap like 100.000 THB for a Honda PCX. And rent, don't buy

Yes if you're a diver, dive right in! 🕶