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Jonathan Fairfield

Thailand still a destination of choice for money conscious expats

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Thailand still a destination of choice for money conscious expats

 

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Bangkok. File photo

 

Thailand remains a popular destination for expats due to its low cost of living, a new survey has revealed.

 

Thailand was ranked in 4th place for cost of living behind Bulgaria (1st), Mexico (2nd) and Vietnam (3rd) in the Expat Insider 2018 survey.

 

Thailand also ranked in 6th place in the survey’s Personal Finance Index, which is based on “expats’ perception of their financial situation and whether they consider their income enough to cover all living expenses.”

 

The results echo a survey carried out by Thaivisa earlier this year which revealed that many expats in Thailand are able to live on less than 45,000 baht per month.

 

Despite featuring highly in the Personal Finance & Cost of Living Indices, overall Thailand trailed behind other Southeast Asian nations as a popular destination for expats.

 

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According to the survey carried out by InterNations, Singapore, Vietnam and Malaysia are all preferred destinations for expats in Southeast Asia.

 

Overall Thailand ranked 18th place, behind Singapore (5th), Vietnam (14th) and Malaysia (17th).

 

ASEAN countries ranked ranked below Thailand were the Philippines (28), Indonesia (50) and Myanmar (53).

 

InterNations revealed its findings after 18,135 expats living in 187 countries or territories completed an online survey between 15 Feb to 7 March this year.

 

Respondents were asked to rank a country based on a number of factors such as quality of life, ease of settling in, working abroad, family life, personal finance and cost of living.

 

Overall Bahrain came in 1st place for the second year in a row, followed by Taiwan (2nd) and Ecuador (3rd).

 

Kuwait, Saudi Arabia and India were ranked in the bottom three.

 

You can read the survey in full here [PDF]

 

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-- © Copyright Thai Visa News 2018-09-08

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What a nonsensical survey, they must be making money - somehow from it? Utterly meaningless ?

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With the Aussie dollar still weakening against the Thai Baht its getting harder for those on a Pension .

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17 minutes ago, khwaibah said:

Bar fine can be had for 300 baht.

Or no fine at all, just tell the woman to come to your room when she finish her work. If you afterwards fancy her, take her phone number and call her when you get 'in the mood', saves you money on expensive alcohol at the bar also. Why care about the bar pimp?

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Yes, if you're ok living like a somchai. Try to upgrade to euro standards and you're in a world of hurt.

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1 hour ago, ukrules said:

Laos and Cambodia ?

Cambodia is still affordable.  Food is more expensive, but most other things are cheap. 

 

Vietnam is becoming more of a winner with no visa hassles and good fun.  A few years from now, Vietnam will be outshining Thailand.   The junta best stop defiling all that is good in Thailand if they want to keep up with Vietnam and Malaysia. 

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Well I've said before, to the horror of the Thailand apologist trolls...Thailand aint cheap anymore, unless of course you're living in a tin shack and eating somtam every meal.

If you own property back in, wherever it is you come from, and you live, eat like you did back home, Thailand, at least for me was actually more expensive.

As for the survey itself...Singapore, really???

I've lived in Singapore and it, along with Hong Kong were the two most expensive places I'd ever lived!

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To have any meaning at all the survey would have to have all the answers based on age brackets, why the expat is in each country, type of work done by the expat, shop floor, middle management, project

management and the allowances givin by the employer in each case.

Company car and driver and maid paid for or have to buy a second hand 50cc bike to get to work and back. School fees paid for the kids or stick your kids in a local school etc.

Surveys like this really represent reality ????

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11 hours ago, GinBoy2 said:

Well I've said before, to the horror of the Thailand apologist trolls...Thailand aint cheap anymore, unless of course you're living in a tin shack and eating somtam every meal.

If you own property back in, wherever it is you come from, and you live, eat like you did back home, Thailand, at least for me was actually more expensive.

As for the survey itself...Singapore, really???

I've lived in Singapore and it, along with Hong Kong were the two most expensive places I'd ever lived!

Since rent/buy housing is the largest percent of living expenses if you compare apples to apples you are not correct.  Cost of renting a new house in nice neighborhood furnished $180 a month.  So see?  Wrong eh?  Of course if you own property in the West it is cheaper duh? But that is not comparing apples to apples.  If your x wife got the property in West and you are trying to replace wife and home Thailand is quite a bit less expensive.  Add up cost of renting (not buying) a slightly used go go dancer and slightly used house  in the West as opposed to Thailand and not even close. 

 

You may know different people than I do but most are single men retiring who want to take advantage of the weather, rent of home and companionship and lack of taxes.  Thailand wins hands down unless you try and skew the survey. 

 

I can make any place look cheap or expensive given the control of the items compared.  But my demographic single active man retiring Thailand wins.

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Here we go.

As I said 'if' you still have a house back home, the rest of the cost of living isn't cheap

Now you can pull the wool aggressively over your eyes and deny that, but basically you're doing an 'Elon Musk', and smoking something delusional

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21 hours ago, Jonathan Fairfield said:

Thailand still a destination of choice for money conscious expats

To some, they have no other choice than to stay here and will be collecting bottles outside the 7/11 if the rates continue to drop

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