Opening Thailand bank accounts is different, but easy, once you get the hang of it, but it can be tricky, which is why our Concierge service introduces you to a wonderful bank manager whose bank handles all of Thailand’s foreign exchange transactions. This video shows just how infuriating it can be: New money-laundering regulations require you to establish and prove permanent residence before you can open a Thai bank account. You can imagine the Catch-22… [Read More]
Thai Minimum Wage
How does the Thai Minimum Wage work? The National Wage Committee has decided not to not raise the minimum wage until late next year as the cost of living remains at a reasonable level. According to Permanent Secretary to the Ministry of Labor Mr. Nakorn Silapa-archa, the wage committee has resolved not to increase the daily minimum wage given that the inflation rate and the global oil prices have declined. However, Mr. Nakorn, who is… [Read More]
Transferring Money to Thailand
Before you start transferring money to Thailand, even before you leave home: Beware!… your cable, utility, etc. vendor will tell you that your accounts are cancelled. Don’t believe your vendor! Many accounts I thought were cancelled are not. They just kept billing me – which is really bad if you have auto billing. The rats just help themselves to your money. So make darn sure that those accounts are dead and buried and stay on… [Read More]
Retire in Thailand
If you’d like to retire in Thailand, here are a few ideas to get your started: 1. Subscribe to our free newsletter, Life in Thailand. 2. Download one of the books: How to Retire in Thailand (and Double Your Income), or Making Money in Thailand. 3. Check out our moving to Thailand Concierge Service: we get you visa’s, banked, insured, moved into your new home, familiar within shops, eating at great restaurants, and knowing where everything… [Read More]
Thailand on $4 A Day
Can you live in Thailand on $4 a day? Can you make it in Thailand on $4 (100 Baht) a day? Well… sort of. Here’s a fun video of a young Brit, Alex Putnam, who’s experimenting with living on the Thai minimum wage. It’s not a lifestyle I’d recommend, but it’s an interesting exercise and it shows that living on $500/month is completely do-able: Budgeting in Thailand: A Reality Check Until I developed an outside income,… [Read More]
Five Kinds of Thai Women
Here’s a great site for anyone with questions about sex in Thailand. Kaewmala is a Thai lady with a great sense of humor. She’s gone to great trouble to create a useful guide to relationships in Thailand: “I wrote about the evolution of Thai-farang relationship in three phases: “rental wife”, “farang son-in-law” and “post-rental wife” phases, here….I have also made A Rough Guide for Finding the Right Thai Woman for Western Men in which Thai women are divided… [Read More]
Bring Cash to Thailand
Bring More Cash to Thailand Than You Think You’ll Need! Most of Asia does business in cash and Thailand’s no exception. You’ll need to carry cash with you at all times in Thailand unless you want to use a local debit card. Using foreign cards is very, very expensive and only a last resort. So bring cash to Thailand! Lots of cash!! Shortly after I moved to Thailand I experienced card skimming and bank blocks on… [Read More]
Thai Festivals 2016–2017
Here are the Thai Festivals for 2016–2017 JANUARY Handmade Umbrella Festival #Chinese New Year FEBRUARY Chiang Mai Flower Festival: The beautiful Chiang Mai Flower Festival will be held from February 3-5, 2017 at Chiang Mai, Thailand. Hosted by the Chiang Mai town in Thailand, the Festival is one of the colourful celebrations across the globe. The festival is known for the emphasis on of the Damask Rose, a variety of rose native to the city,… [Read More]
Money in Thailand’s Booming Economy
Money in Thailand’s Booming Economy is something of a mystery. Thailand takes a libertarian approach to government, so if you’re a close libertarian, this is the place for you. Taxes are negligible and interference with your life is rare. To paraphrase the song, You can drink all the liquor down in Suphodthika: ain’t nobody’s business if you do. Or, to use the current phrase, Thailand is not a Nanny state. Nobody will stop you speeding on… [Read More]