Imagine one person comes to Thailand with US$50,000 that he plans to use for living expenses, with occasional entertainment costs (little to no alcohol) and a cheap (~8,000/mo.) apartment. How long will the money last?
Of course, besides rent the biggest cost would be visa runs--what would be the most cost effective way to organize these?
How much longer would the money stretch in Chiang Mai over Bangkok?
Is that 8K a month for an apartment in baht or dollars?
I was thinking 5 years too, but my friend wouldn't believe me. The 8k was in baht.
The only problem is flying can get pretty expensive. What's the cheapest air visa run route?
Look for discounted flights.
There may be some education visa scam you can get in on.
8K a month would be a very modest apartment, if you are willing to live modestly then that money should easily stretch for five years.
A few years ago Chiang Mai to Kunming in China was about 1500bht 1 way...the nice thing is it's only 1h 40m flight...
Education visa would be a good bet...just sign up for Thai lessons...
Check this out...there's shit loads of places like this...do a google...
ED Visa Thailand for Foreign Students|AAAThai.com
As far as how long would 50k US last?...well obviously it depends solely on your personal spending habits...but the average teachers salary is 30-40kbt a month which is roughly 1k US...so if you lived like an average teacher...think less than 50 months...
factoring in visa runs
"You really want to save the planet?...the next time you see a hybrid car with a childseat... smash the window, remove the childseat and replace it with a box of condoms..." Doug Stanhope
^yeah but your average TEFLer drinks like a fish.
If you don't drink it your going to spend it somehow...most likely traveling around the country
If you're not working it's going to get boring and the only way to alleviate boredom is to spend money...
^true, if it was me I'd plan on a years holiday and enjoy myself.
That would be one helluva year...
I didn't mean I'd plan on burning 50K in a year, I meant after a year I would see what I have spent and then decide whether to stay longer or go home and work.
50K in a year would be awesome though.
If you didn't drink...and didn't buy useless shit...I really think you would be hard pressed to spend 50k US in one year...
If you invest 50k at 1.5% that gives you extra 750 a year.