@Nick ***********

I am not sure you understand

Thai banks pay little to no interest

If we round up to 30k US, 4% gives you $1200 a year that you make on that

In a Thai account, you get much less than 1%

If you do a million baht you can get 1.5 to 2%

As to a license, I am on a tourist visit and I got both my Thai car and moto license

So while it seems you do t mind losing money, others prefer to make money off their money

@Todd ********

thank you, PM sent

@Todd ********

so you pay an agent 14k a year and you don’t have to have any Thai bank account at all? Clue me in and sign me up

4% is easy and 5% is possible

So would rather not have Thai bank account

But I DO want to be totally legal

Sounds more like the typical tourist visa?

@Dan ****

Thai banks typically will not allow you to open a bank account on a 60 day tourist stamp

Agoda

@Nongnuch *******

thank you for saying what few say.

So many people are trying to retire to Thailand cause they don’t have enough money to live in their home country comfortably

So they come to Thailand cause they hear they can live on $1,500 US a month.

You need at least 65,000 and 100,000 is better

Sad that so many come here without the means necessary; I hope they raise that monthly rate.

@Brandon ***********

I have heard you can do it without a Thai bank, using US bank statements

@David **********

and thank you!

I did not know the difference between SSI and SSDI

@David **********

Seems we are both right

Supplemental Security Income. Social Security administers this program. We pay monthly benefits to people with limited income and resources who are blind, age 65 or older, or have a qualifying disability. Children with disabilities or who are blind may also get SSI.

Social Security Disability. Insurance (SSDI) Social Security pays benefits to people who can't work because they have a medical condition that's expected to last at least one year or result in death. Certain members of your family may be eligible for benefits based on your work history.