How Much, in hard Cash, do you Contribute to the Thai Economy Each Year? Ex Tax.

[Pilotman]

It's an idle Sunday.  Just worked out that my annual contribution, in hard cash, to the Thai economy is circa 2.3 Million Baht, ex tax.  Surly that's worth a annual extension with no questions asked.  800K stuck in the bank doing nothing much is one thing, spending that amount each year, straight into the economy, is quite another and should be recognised and rewarded by Immigration.  

 

 

Edited May 9, 2021 by Pilotman

[Brierley]

For the past couple of years.....under 1 million per year, I used to spend at your level when we lived in Phuket but I was younger then, when you get older there's no need, especially in the middle of a pandemic.

[Kwasaki]

Why would you think that your should be treated differently when what they want from you is to buy a 1 bed condo in Bkk for 10,000,000 baht. ????

[Pilotman]

3 minutes ago, Brierley said:

For the past couple of years.....under 1 million per year, I used to spend at your level when we lived in Phuket but I was younger then, when you get older there's no need, especially in the middle of a pandemic.

anything 1 million or over should be worth an extension. 

[Pilotman]

3 minutes ago, Kwasaki said:

Why would you think that your should be treated differently when what they want from you is to buy a 1 bed condo in Bkk for 10,000,000 baht. ????

what they should do is encourage me to stay over 10 years and double that 10 million. 

[topt]

1 minute ago, Pilotman said:

anything 1 million or over should be worth an extension. 

I would qualify. However if I got rid of the live-in I probably wouldn't...................????

[bkk6060]

About 1.5 million for me.  Would be hard to track however as some goes into the pockets of...  Well, you know who.

And, I expect nothing in return as I think I get a lot from it.

Edited May 9, 2021 by bkk6060

[CharlieH]

When you consider the average Thai earns around 12k or lets go up to say 200k a year and you put around 12 times that, so 12:1

 

One might think they would place more value on ones presence, but sadly thats not the case and is NEVER going to happen. If you are not Thai, you are merely tolerated as a mild irritation and should feel priveleged they allow you to be here at all.

[CharlieH]

I must say the OP at around 200k a month is "on the high side" I would struggle to spend half that even if I had it...5555, which I dont.

[Kwasaki]

18 minutes ago, Pilotman said:

what they should do is encourage me to stay over 10 years and double that 10 million. 

I am in another league to yourself  my annual sort of expenditure is give or take due to exchange rates around the 600,000 baht a year that includes my wife's earnings from property she rents. 

 

What I have done is take care of my wife for when I am no longer here, the UK govt took away so much from her initially that she would of been able to claim. 

 

Everything is bought and paid for including land I bought 10 years ago for 1•5 million baht. 

 

Plus she has the appartments I build for her to rent which she can sell if she wishes along with the land. 

 

I bought her son a condo in Bkk because his mortgage payments were rediculus and the years in which to own it. 

 

I have what I need so me's happy except wearing this dam mask. ????

[WineOh]

I'm on the dole.

[Boomer6969]

Over 3 million, for a family of 4. Was hoping I'd be able to save; no way. Isaan is expensive, probably more that Pattaya, when you take the whores and booze out of the picture.

[WineOh]

7 minutes ago, Boomer6969 said:

Isaan is expensive, probably more that Pattaya, when you take the whores and booze out of the picture.

They have whores and booze in Pattaya?

 

Really? ???? 

[Pilotman]

39 minutes ago, CharlieH said:

I must say the OP at around 200k a month is "on the high side" I would struggle to spend half that even if I had it...5555, which I dont.

Indeed.  I should struggle to spend it too, but I only buy Western food stuffs, the very best of meats etc, cheese.  Its not good really, but my food bill is no different than it was in Taiwan or the UK.   I could live cheaper, but its part of making life tolerable.  

[tonray]

2 hours ago, Pilotman said:

It's an idle Sunday.  Just worked out that my annual contribution, in hard cash, to the Thai economy is circa 2.3 Million Baht, ex tax

If you raise you AC temp to 27 C, you'll save at least a million baht

[Susco]

I really wonder how one can spend 6300 Baht each and every day of the year, even when eating the most expensive of imported food, unless you have a family of 5 or go to the bars every other day.

 

 

[BritManToo]

I manage to spend around 500-600Kbht/year.

I don't understand how some of you guys can spend so much.

My spend includes 3 m/cs and a pickup, the repayments on a house, 1 kid at university and 1 in junior school, and a wage I pay a woman to pretend to be my wife ....... and I'm drunk almost every day.

 

How could you spend 2Mbht plus?

[Pilotman]

9 minutes ago, BritManToo said:

I manage to spend around 500-600Kbht/year.

I don't understand how some of you guys can spend so much.

My spend includes 3 m/cs and a pickup, the repayments on a house, 1 kid at university and 1 in junior school, and a wage I pay a woman to pretend to be my wife ....... and I'm drunk almost every day.

 

How could you spend 2Mbht plus?

easy 

[CharlieH]

I would guestimate my annual around 750k thats running two cars, 1 wife. Which runs about level with govt guideline of 65k a month. I dont drink.

[kynikoi]

Prolly 500k and paying much of wife's expenses as well including two local holidays totaling 4.5 weeks. Two dental cleanings. Unknown qts of Chivas and Beam. About 12k to her parents or dinner out.

 

International trips, etc or savings not included.

 

I'll crack it open at 62-65. Still living lean. Eat well though.

[ThailandRyan]

Looking back over my Excel spread sheets for last year, I spent 1.8MThb in 2020, and that does not include the money I transferred into a Fixed deposit account of 800k Thb, or for the motorbike I paid cash for as well as the insurance and registration.  This year so far I am down to an average of 110K Thb a month, plus I just bought a new car which is not part of that spend either as again I paid cash.  I am trying hard to get down to 80K to 90K Thb a month.  Average Electric and water bill per month is around 6500 Thb.  Thankfully I do not have a payment on the condo I own, but their are the every 6 month fees that we pay, which I move into a different account monthly so its easy to pay and not have to transfer that sum.

Edited May 9, 2021 by ThailandRyan

[Susco]

2 hours ago, Pilotman said:

I should struggle to spend it too, but I only buy Western food stuffs, the very best of meats etc, cheese. 

 

 

Wonder where you buy those meats, because only a few weeks ago you posted that your weekly shopping trip to Big C, where they have those western food stuffs, had increased from 5 to 6000 Baht

[OneMoreFarang]

Obviously it's good for Thailand if foreigners spend a lot of money in the country. But how about other criteria?

I am sure some criminals spend a LOT of money. Should they get special rights because of that?

How about how people interact with Thai people. Some foreigners seem to see Thais only as their service. Other are nice even to the maids and cleaners.

I am sure there are a lot of criteria which makes people welcome - or not so much.

[CharlieH]

8 minutes ago, OneMoreFarang said:

Obviously it's good for Thailand if foreigners spend a lot of money in the country. But how about other criteria?

I am sure some criminals spend a LOT of money. Should they get special rights because of that?

How about how people interact with Thai people. Some foreigners seem to see Thais only as their service. Other are nice even to the maids and cleaners.

I am sure there are a lot of criteria which makes people welcome - or not so much.

Yes! Lifestyle and attitude plays a huge part.

I have said many times over the years there are things you need to "unlearn" from your western life in order to feel more comfortable here.

[tonray]

14 minutes ago, OneMoreFarang said:

Obviously it's good for Thailand if foreigners spend a lot of money in the country. But how about other criteria?

I'd always assumed since all the girls said I was "Hand-summ" that no matter what I spend I am welcome

[Pilotman]

51 minutes ago, Susco said:

I really wonder how one can spend 6300 Baht each and every day of the year, even when eating the most expensive of imported food, unless you have a family of 5 or go to the bars every other day.

 

 

well supporting two families and 4 businesses helps. 

[Pilotman]

18 minutes ago, Susco said:

 

 

Wonder where you buy those meats, because only a few weeks ago you posted that your weekly shopping trip to Big C, where they have those western food stuffs, had increased from 5 to 6000 Baht

yes, exactly. over 110 pounds Sterling

[foreverlomsak]

34 minutes ago, BritManToo said:

How could you spend 2Mbht plus?

I'll give it a bl##dy good try, if somebody would be good enough to provide it.

 

[Susco]

1 minute ago, Pilotman said:

well supporting two families and 4 businesses helps. 

 

Damn, I always thought that a business supposed to be self-sufficient. So it are actually businesses that thrive on the money you give them?

[Andre0720]

I am down to about one million a year now...  Covid has its limitations... ????