Conservatively, a typical first-time English teacher in Thailand can expect to make 30,000 - 35,000 Thai Baht (approximately $850 - $1,000 USD) and many are able to make more.
Luxembourg. According to an OECD report, Luxembourg (a European country) has the highest-paid teachers in the world. Another source indicates that a bachelor's degree holder is entitled to an initial salary of €67,000 (US $70,323.20) per annum at the start of their teaching career.
Thailand is one of the most popular destinations for teaching abroad, and it's no surprise why. With plenty of demand for teachers, opportunities for paid teaching jobs, and a variety of school options, teachers have a ton of freedom to find their own perfect teaching job in Thailand.
Thailand has a salary range of 24,500 THB (734 USD) to 433,000 THB (12984 USD) in a month. And its average monthly salary is 96,900 THB (2904 USD). The country has a median salary of 103,000 THB per month, implying that 50% of the Thai population earns more than 103,000 THB, while the other 50% earns below 103,000 THB.
On August 26, 2022, Thailand's National Wage Committee voted to raise the minimum wage to THB 328–354 per day (USD 9.01–9.72)—an increase of approximately 5% from the previous range of THB 313–336.
Prices in many places in Thailand are reasonably low. But locations with more expats and tourists can be quite high. Nonetheless, it's an affordable country. On average, Thailand's cost of living is around 60% lower than in the US, and anywhere from 15% to 30% lower than much of the rest of Asia.
You should plan to live in Thailand on a budget of at least $1,500 per month, with $2,000 being a more reasonable benchmark. This will allow you to live comfortably without breaking the bank. You could potentially live a lot cheaper, as low as $1,000 a month, but you would probably have a difficult time.
$1000 USD is 33,280 Thai Baht. It is the average salary of most foreign English teachers living in Thailand and is many times higher than the average Thai person's salary. This means you can afford to save money as you live comfortably in Thailand.
Thailand. Unless you're in the confines of your resort or hotel room, kissing in public is a major no-no in Thailand. In more cosmopolitan areas like Bangkok, hand holding is okay.
When a teacher returns to Thailand for a second or subsequent teaching visit, the teacher must pay tax FOR THAT SUBSEQUENT VISIT. The current Revenue Department interpretation provides that upon returning to Thailand the teacher must pay tax for the first visit too, even if there are several years between visits.
The average teacher salary in Australia is $85,852 per year or $44.03 per hour. Entry-level positions start at $72,142 per year, while most experienced workers make up to $125,429 per year.
Fedral Minister for Education Jason Clare has released a draft plan to address what he calls an “unprecedented” teacher shortage in Australia. As he said, “there is a shortage of them right across the country”.
Annual gross starting salaries of teachers (2020/2021)
Bulgaria had the lowest annual starting teacher salary among EU countries, at €7,731. The figure is also below €10,000 in several other EU countries such as Latvia, Slovakia, Hungary, Romania and Poland.
This is a long term Thai visa issued to a foreign national who is married to a Thai and meets the other requirements of the immigration bureau. The Thai marriage visa holder is entitled permission to stay for a full year in Thailand without the need to exit the country.
According to the World Bank's definition, Thailand needs to almost double gross national income per capita from $6,610 in 2018 to $12,376, which is the current threshold for high-income country (HIC) status.
Obtaining status as a Permanent Resident (PR) in Thailand has many advantages. It allows you to live permanently in Thailand, with no requirement to apply for an extension of stay.
The toughest part about sticking to a budget will be deciding where to spend that money since there's so much to experience in such a country. The good news is that $100 USD is quite a solid amount to start with per day in Thailand, and this is what it will get travelers while they're there.
Conclusion. Thailand offers options for just about any budget. It's possible to get by on THB20,000 per month and it's possible to spend THB20,000 in a single day. To retire in Thailand comfortably with Western standards of living, we recommend budgeting THB50,000–100,000 per month.
Buyers of expensive real estate will receive a residence permit for 5 years. Such residence permit will be called Elite Visa Flexible One. Its owners will be able to enter Thailand without a visa and live in the country for the duration of the status.
Retirement Visa Qualifications
Applicant must be 50 years of age or over. Must meet any of the financial requirements: Security deposit of THB 800,000 in a Thai bank account for 2 months prior to the visa application. Monthly Income of 65,000 THB regularly deposited in a Thai bank account.
Generally, foreigners are not allowed to directly purchase land in Thailand. Simply put, Thai laws prohibit foreigners from owning land in their own name, although theoretically there is an exception but it is yet to be seen in practice.