Escaping The UK If You Are Broke.. Thailand Only For The Rich? 

really

Beautiful. This is what'd make 99.9% of people happy (even those saying otherwise, they just don't know it)

Disagree on point 1, just sold UK house, Bubble going to burst, protect your equity

I wont be selling anything . My Australian assets will fund my thai life

@@stevebomonster okay if you want Iwill talk but these Australian men who think they can live in Thailand on a pension are deluded

@@ian-wu2bb I'm not an Australian, I don't understand where you are going with this, are Australian pensions so low?

@@AG-so4glThe bubble going to burst, don't you mean you have burst your bubble in Thailand, House prices will stay high in the UK for many years to come. Good luck with your bubble 😁

Not enough for a retirement visa though.....

Luang Prabang sure is beautiful, isn't it? I spent three months there, about five years ago

Be aware that Thailand will tax your UK pension ones you transfer it there

Sounds brilliant. I really want to visit Laos. I'd love to know about online teaching. What is the name of the company I can apply to please? Thanks.

Ok I here a lot of talk about the Thai Tax . I am not worried about it . Its easily avoided

Same here. I've done odd jobs and ran random businesses in the United States. I am still young compared to you and have the same mindset. Have a plan and make it happen but go experience life and get out of the rut most people are in. A 9 to 5 to pay off a house over the course of my life isn't that satisfying to me.

I worked for a greedy US corp in London Now in Thailand The U.K. is finished

All the best with it 🙏🙏

@@thenakedguru Cheers pal 🙏

thats what ive done moved thailand 2 hlf years ago waiting f crpto gold in 55 now no why waiting till 67 bin travlelling around for 30 yrs now

Vietnam doesn't have a retirement visa

I did that 15 year's ago .. had a nightmare with crypto in 2018 though 😂 .. rental income was my saviour ,let's hope crypto fly's high soon ,as well as my Tesla 🎉

Not in North Korea Lol!

@@winnerwinnerchickendinner8809 LOL. Well, you can't even move there unless you're a diplomat. However, it's said that foreign diplomats live a good and easy life over there.

Fantastic, all the very best to you 😀

The Muslims using postal votes don't need any id

Yes a complete f....wit of the highest order.

And yet Johnson destroyed Labour at the last general election - literally wiped them out. So what does that tell you about Labour?

🙏🙏🙏

Loved Bali & its people, i did 4 containers of craft works purchased from monkey forest road over a couple of years, my nick name was bintang boy ! cheers😆

1000 au is ridiculously cheap. Are you including rent???

@@Kevin-zz9nc we're fortunate we don't have rent.

$1000 a month, you don’t play golf

Best of luck 🙏🙏🙏

That is awesome. I’m trying to do that

Cheers - I pay £900 a year into voluntary National insurance - if I continue to pay it another 30 years I will get a state pension 🙏🙏

@@thenakedguru That's fantastic Ryan & intelligent people like you will have it covered, but very few are savy enough to look into their options, or even be aware they could have options.

@@thenakedguru I think I will be doing that soon too!

@@joemann2178not long Joe 😁

​​@@thenakedguruThis is a good thing about the UK. They allow you to do that. Unfortunately in Ireland when you live abroad you generally can't contribute to the national insurance so you have to forego the state pension unless you have already made 520 social insurance contributions before leaving

🙏🙏🙏

Cheers Graeme 🙏

😂😂😂 escaped Australia love it That’s funny I never enjoy my stays much it’s quite ridiculous here now you are correct

@@singas2854 I went back and felt like an Alien in my own country. So much more calmer and relaxed here.

@@thetravellingsocialworker I’m fifo quite a bit off retirement and have a great Thai woman I’ve only spent 2 weeks in Australia in my time off so far

@@singas2854 Yes well life here is better generally speaking if you have a way to support yourself or have a good Retirment plan

@@thetravellingsocialworker I do enjoy the lifestyle I’m creating

What hassles?

Thanks for sharing your story 🙏🙏

Good points James 👍🙏

if you think it is bad just come across the pond to the 'good ol' u.s of a....just be careful not to get shot on the streets! Crime is rampant and with everyone owning a gun, it is deadly! The younger generation do not care to work. The service in fast food restaurants is awful. The cost of living is through the roof. Everyone is trying to sue you. Road rage is a constant as everyone seems pissed off all the time. Almost every medium city has two to three shootings every day without fail!! People have a nasty attitude! So political everywhere. You could meet someone for the first time and within a few minutes they try to find out which political party you ascribe to. But the worst overall is the high cost of living! I have some plumbing issues I can't get to, but know I can't afford to call for one! Everything is ridiculous expensive!! Most folk rather sit home and collect from the government than work. Almost 40% of the country is getting some kind of assistance, could be a lot more, but the government keeps it discreet. They care more for migrants coming in than for the citizens of this nation. Millions are homeless but the government immediately tryst to find 4 star hotels for the migrants coming in. They also get a credit card with a huge allowances, twice my disability income after working until age 50. Free medical to have as many babies. Free education and then the President cries out, I don't know why they are coming but if they say the magic word "Asylum" regardless of what country they come from, could be the richest, the government will bend over backwards to accommodate them! It is no longer a government of the people...just a government of a few selected people who have all the politicians in their pockets. I despise the country I live in. Even the Supreme Justices were shown to be corrupt looking for ways to enrich themselves! Deplorable nation! I would NEVER encourage anyone to go fight and die for this nation. Never! It has lost it's way!! It is corrupt to the core! Meanwhile the country is going to hell with all the shootings and crime and the rising cost of living fast putting enormous stress on families causing the kind of crime we see all the time! Millions are homeless because one cannot afford to live anywhere anymore! Everyone hates each other and so they don't want resources going to help people. Too many exploiting the government hand outs refusing to work, and that is why the millions of migrants are being allowed in. This is causing tensions in neighborhoods causing a lot of the racial gang violence...I could go on...but I think you get the picture! The only reason most choose to stay is because of family and this is all they know. Yeah, get the hell out of Dodge as soon as you can.....

I don't understand, you voted for Brexit by a majority, why can't you face the consequences?

Might not have 2yrs left?

dont blame ya! me too.. doing my financial research trip out here now!! good luck!!

@@markholland6657 don't forget to factor in Thailand tax

Canada is just as bad as the UK. Very expensive with low pay.

The simple thing is: More money coming in each month than money going out! Not rocket science is it?

Beware the Thai Banks in event of a currency crises will not guarantee savings in accounts with over B1m. Open several accounts if you can, offset the capital and hopefully remain 'safe'!

yes vlad, i have been here almost 3 years and can see them drip feeding the woke, climate change agenda bit by bit. unfortunately the thais dont see it, they dont care, same as the brits, by that time it will be too late.

My thoughts for the P.I. if you are not renting.

@stevebomonster house and land in wife's name - but bought decades ago so new build soon. Condo is the way to go for a single man if you are sure. What some are paying for rent in some areas makes me wince a bit.

@stevebomonster Legally No but unlikely to get kicked out after 20+ years of marriage and trust set up in case Mrs dies first, that effectively stalls the entail until I die (it was tricky to set up). What I find equally frustrating are the business ownership laws, for small money, it's virtually a no as well.

Haven't you had much luck with Lazada?I find them as good if not better than Amazon

@@roystevenson1375 Lazada? Hadn't heard of them.....but will definitely check it out. Many thanks!👍👍

Yes very good option

WEF doesnt like this comment

Cheers brother 😁

great!

Come to Cambodia it's cheaper here.

@@user-db9ek1ie8f Its not always about cheaper. The difference is barely 10-15% across the board. Not enough to make it viable, Thailand has far far more amenities, choice and better quality services and products on every level.

@@user-db9ek1ie8fNon of them speak Khmen so why would his Thai wife want to live in Cambodia? Or even his daughter who has dual Nationality. What opportunities does Cambodia offer that would be more rewarding for her when she finishes school?

@@user-db9ek1ie8f Its not always about cheaper, Thailand has far far better and wider choice of everything and better services and quality goods. The difference might be 10-15% in the cost of living but the lifestyle is far far greater. Cambodia is nowhere near as developed or sophisticated an economy.

@@user-db9ek1ie8f Seen as both my previous comments have not been posted. I suggest you do a cost of living comparison on Numero. Thailand is in fact cheaper across the board that Cambodia.

Would you think Thailand over thinking The Caribbean??

40 years service and 1300 a month, ouch

@@AG-so4gl The UK strikes again! :)

​@@victorsooknarine7471Haiti?

About 60 thousand baht, plenty 👍

Yes, Upwork, Fiverr. Maybe Airtasker? TopTal.

Seems like a good enough plan - good luck. I am a little more aggressive thinking that real estate can be sold and equities purchased that will grow in time so I sold everything in Aust 2 years+ ago and love it. Unlike a UK Pension, which is fully indexed if you move to Phils but not Thailand (I hear), your rental income will grow over time, protecting you a bit from inflation and hopefully currency swings.

I think in the Philippines they have a reciprocal agreements for social security so you get pension rises. If you live in one of the following countries and receive a UK State Pension, you will usually get an increase in your pension every year: EEA countries and Switzerland Barbados Bermuda Bosnia-Herzegovina Gibraltar Guernsey the Isle of Man Israel Jamaica Jersey Kosovo Mauritius Montenegro North Macedonia the Philippines Serbia Turkey USA

That appears to be the plan

FIAT is dead, long live Crypto

Only invest what you’re willing to lose!

Solve a problem for people - that's the definition of what a business is. It's not an income stream - people don't care if you make money or not (only you do). What they care about is that your product or service solves their problem at a price they are willing to pay. So always ask yourself, "What problem am I solving?" and let guide you. If you do that well enough, the money will flow.

Learn to speak Thai and take up photography .. you won't have a minute

@@stevebomonster we have a double tax treaty..there will be no tax

@@stevebomonster I'm from the UK .. it's easy to find the list of countries with Tax treaties online ..good luck 🙏

Have you recovered yet?

@@thenakedguru almost finished. One more surgery in a month or so

@@kregeckert8351 Great brother

Bingo

50k baht max 👍

The best videos on this topic are in Russian with English subtitles as there are a lot of very serious Russian entrepreneurs out there in Phuket and Pattaya.

@@thenakedguru Please do some videos on setting up a business, and yearly accounting. There is hardly any good videos on this.

You need to Register a Company (Less than 20K Baht), turnover at least 2MB and employ at least 4 Thai staff and pay social security for them.

Best of luck with it my friend - cheers for being part of the channels so long 👍🙏

It’s too difficult as for every expat I need 4 Thai staff, unless they are on marriage visas which would require 2 Thai staff 👍

@@thenakedguru So it's best to start business and employ Thai Staff....✌🏾❓

@@thenakedguru Employ 2 x Thais to apply for each Marriage Visa haha

@@doriandorian. I have a business that employs Thai staff, but for each additional expat you need 4 more Thai staff and I don't need that many Thai staff haha

ESCAPE is often a mindset or a change of career/life direction back at home

I have adapted my spelling over the years in Thailand so Thais, and other non English people can understand me - this was also important for teaching English which was my initial job 👍

Worse 😫

@@thenakedguru oh no lol

Yea but in my opinion it’s the tourists that are most dangerous 🙏

@@thenakedguru I would expect them to be a problem, esp with people visiting from all corners of the globe. I'm visiting with family in June and if I form an attachment, perhaps I would try 2 or 3 months over the winter.

Half the reason men leave the west is to get away from western women, lol. But good luck

Only if Thailand has UK agreement. I live in Indonesia and my UK pension is only £256 per month. We do not get any pension increases. 2023 they got a 10% increase, this year they had a 8% increase. Not for us

@@michaelblack2334 Just out of interest, what happens if you move back to the UK or a country with the agreement? Does it revert to the full pension? Or do they just add the 10% increase to the £256?

@@DeanoRav If you move back or stay in one of the countries with the agreement you get the future increases. My pension was the minimum as not enough stamps but it’s not right that we miss out on increases. Every year they send a form to be filled out to prove your residency and to see if you are still alive.

Malaysia revamped long term visa again, slighly improved

That's about 90K THB - very comfortable but not outlandishly so, especially considering you'll need to pay for your own health insurance.