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  1. #26
    Thailand Expat
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    Quote Originally Posted by SEA Traveler View Post
    May your decision to retire here in Thailand be exciting and filled with sunny times ahead for you Khun Rickster. May you experience peace, good fortune, and happiness with your new retired life in Thailand. As you say, there are many participating on the forum who have crossed the pond and experienced making the transition to a different life style. Good Luck!

    One Question: how will the living up in Udon affect your appreciation for deep salt water fishing? I'm guessing that some lake fishing might do the trick or with completion of the house, do you have some other hobbies or activity of interest to occupy your time? I ask only because I find myself taking on many different activities to remain engaged in events, physically active, and mentally fulfilled.
    Sea Traveler, I have given the question about fishing a lot of thought. Once the house is build, I plan to head down to the Hua Hin area and take a look around. I have been told there is also a fishing club in Pattaya. It will probably evolve just like most things do by asking around and doing some research. Since I am not getting any younger, I may go ahead and take up some lake or river fishing.
    As for other hobbies, I am always tinkering on mechanical things like motorcycles or cars. Nothing major, but I do like to customize things. I also started another thread on go-karting thinking that my son might like to give it a try. He already plays with only cars and makes all the motor sounds. Also, it is my understanding that there are some free medical clinics that could use an old pharmacist and it would be nice to give a little back to the Thai people. I spoke to a drug rep in the Sates that is Vietnamese and she told me she goes over to SEA often to review drug regimens and help out so I gave her my contact info.
    You are right that one has to have hobbies or interests to keep one mentally sharp. I also have an young son to keep me busy.

  2. #27
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    Quote Originally Posted by JPPR2 View Post
    Congrats and come over my friend, the water is just fine here in Thailand. When we meet up for some US stories I will buy the first round of Leo's, I am a cheap bastard ya know...HAHAHA
    You may see me sooner than you think.

    Got your contact info and will give you a call once I get settled in.

  3. #28
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    Thank you misskit, Somtamslap and Mr. Lick. I have enjoyed posting with you all.

  4. #29
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    Great story. Good luck!

  5. #30
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    Thanks Chitown, like your posts.

  6. #31
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    Quote Originally Posted by rickschoppers View Post
    Thanks Chitown, like your posts.
    Thanks and yours too.

    I hope the PM I sent was helpful. The embassy deal saves me time and headaches and the bank info saves me about $600 a year in atm charges that I paid with my former bank.

  7. #32
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    Yes, thanks again Chitown.

  8. #33
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    Quote Originally Posted by rickschoppers
    I have my one way ticket, my O visa and enough money to build a house in the Udon area.
    RENT RICK RENT

  9. #34
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    ^
    Lorenzo, if I was single and did not have a family, I would agree with you 110%. I have transferred a lot of my wealth (but not all of it) to Thailand with the thought of leaving it to my son. My other kids had the priviledge of being born in the US where education is there for the taking. Only one wound up getting his degree in mechanical engineering but the other two decided not to go to college even though it was easily available. My son in Thailand will make up his own mind by the time he reaches 18 whether to be a US citizen or stay in Thailand. If he stays, I do not think his opportunities will be the same as my other three kids. I would like him to have some monetary security, if possible.
    Again, if I was single and did not know a lot about Thailand there would be no way I would build a house and would rent. I would also be too busy being a butterfly (not the TD kind that is).

  10. #35
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    As much as I would like to buy a house here in Thailand, I settled on renting. I came to the conclusion that I was better off paying 6000 baht a month for a 3 bedroom 2 bath place instead of spending 2 or 3 million baht buying the same place.

    My decision was based on a few things-

    1. It is nice to keep my money liquid rather than tie it to a house I can never own and one that would be hard to sell. I have seen houses sit for years with for sale signs on them.

    2. Neighborhoods change and neighbors come and go. I have rented 3 places and enjoyed short lived peace and quiet. The quiet neighbors moved and some loud idiots moved in bringing with hordes of barking dogs, loud music and alcohol fueled parties. The once clean neighborhood relaxed its "rules" and the whole village went down the toilet. I have seen 3 villages go from being quaint and pristine to having dirty streets, deteriorating houses, lax security and soi dogs running a muck. I was glad I rented so I could pick up and move.

    3. I too looked at Mexico at one time. it is possible that the Thais will also kill the goose that lays golden eggs just like the Mexicans did. They will continue to cheat us and crime against foreigners could sky rocket. I could easily abandoned a rented house an move to Laos or another county close by.

    4. I want an clean exit strategy and a house seems to put kinks in that.

    Just my 2 baht!

  11. #36
    Excitable Boy
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    Lorenzo is wrong (as usual, when it comes to setting up a life here)- you have a young wife and son, and you're going to be settling down here- building (not buying- build it yourself) them a house is the best thing you could do, especially if something terrible happens and you kick off in the next few years (though you're only 62, you never know...).
    There he goes. One of God's own prototypes. A high-powered mutant of some kind never even considered for mass production. Too weird to live, and too rare to die.
    HST

  12. #37
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    ^^
    Chitown, as usual you make some valid points. My decision to build was not made until I had my son. In fact, I would have been perfectly happy staying in my lady's house since I spent a few thousand dollars making it comfortable. I purchased two good building lots but was never convinced to build and felt they were investments which could be easily liquidated if my lady had money problems after I was gone. We are not talking a lot of money either. Maybe $20,000 total and not more than I could walk away from.
    Everyone needs to make their own decisions based on their particular situation which is why there are equal numbers on each side of this topic.

  13. #38
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    ^^
    Yes, my thought exactly FailSafe. I know I will not be around forever and a little financial security for my son means a lot to me.

  14. #39
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    My decision might change if we have children, and we are working on that now.

    The wife owns a big property in Wang Nam Keow that is lovely. I could see having a one story cottage there in the rolling hills of that area.

  15. #40
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    Good luck with that Chi.

  16. #41
    Philippine Expat Davis Knowlton's Avatar
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    Congratulations, Rick. I hope everything goes well and the fish are biting! I retired in the Philippines eleven years ago, with a Filipina wife (now of 21 years) and newborn twins. Even though I had lived outside of the US most of my adult life, it's still a big adjustment. But, you have a good plan, and most importantly, a good attitude. Have a great retirement!

  17. #42
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    Congrats, Rick, from someone who took the big step two years ago - after seven years of planning - with no regrets. Like you and many others, it seems, I followed the advice of TD - and still do! Best of luck for the future

  18. #43
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    Rick. I see you are a "bike" man. Get yourself a bike and join one of the many biker clubs around Thailand. They are well organised, the members are great fellas, and they look after each other - As all "real bikers" do! You'll be able to see lots of Thailand with them and make many Thai friends

  19. #44
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    Quote Originally Posted by rickschoppers
    Lorenzo, if I was single and did not have a family, I would agree with you 110%. I have transferred a lot of my wealth (but not all of it) to Thailand with the thought of leaving it to my son
    good on you Rick, and good luck with the Thai rollercoaster

    just hang on and enjoy it

  20. #45
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    Quote Originally Posted by rickschoppers
    Lorenzo, if I was single and did not have a family, I would agree with you 110%. I have transferred a lot of my wealth (but not all of it) to Thailand with the thought of leaving it to my son.
    This is a huge mistake. Any problems you will have with the that will separate you from any decisions. Your son will be left with nothing.

    Quote Originally Posted by FailSafe
    Lorenzo is wrong (as usual, when it comes to setting up a life here)-
    As the deck is stacked against the farang buying a house for a thai is a fools errand. Buy a condo if you are so compelled.

    Quote Originally Posted by BarnacleBill
    You'll be able to see lots of Thailand with them and make many Thai friends
    what?

  21. #46
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    It is a very lovely story and we all wish you luck and success.

    However, in all the congratulations, I must say that any one that retires or lives in Thailand better understand there is always a fork in the road A and B

    Fork A is the new wife, kid, happy family life goes on forever and there is never an issue

    Fork B is that things do not work out and nothing is in your name, property or house. At this age, you have lost your ability to work and provided you dont end up losing everything here and having to pay child support here as well on Social security, you may never financially recover where you can ever afford another house

    So in any plan, if you plan optimistically and something bad happens you are screwed

    If you plan pessimistically, you are prepared for anything bad that happens

    Put your plan into your own hands where only you are responsible should anything ever go wrong

    In any relationship, with age differences, tons of things that do not appear in the beginning can appear as time wears on, as so many farang have learned the hard way and lost it all

    Sad but true, things happen here at a much higher rate than most people want to admit to and this can be avoided with caution pessimistic planning

  22. #47
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    Quote Originally Posted by Lorenzo
    Quote:
    Originally Posted by BarnacleBill
    You'll be able to see lots of Thailand with them and make many Thai friends
    what?
    You poor b****** !

  23. #48
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    Quote Originally Posted by Lorenzo
    This is a huge mistake. Any problems you will have with the that will separate you from any decisions. Your son will be left with nothing.
    what are you saying? why will his son be left with nothing?

  24. #49
    Excitable Boy
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    Quote Originally Posted by Lorenzo View Post
    Quote Originally Posted by rickschoppers
    Lorenzo, if I was single and did not have a family, I would agree with you 110%. I have transferred a lot of my wealth (but not all of it) to Thailand with the thought of leaving it to my son.
    This is a huge mistake. Any problems you will have with the that will separate you from any decisions. Your son will be left with nothing.

    Quote Originally Posted by FailSafe
    Lorenzo is wrong (as usual, when it comes to setting up a life here)-
    As the deck is stacked against the farang buying a house for a thai is a fools errand. Buy a condo if you are so compelled.

    I hardly think building a house for your wife and son's security is a 'fool's errand' (even if they're <shudder> Thai).

  25. #50
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    Lorenzo has had problems with Thai women before, or he believes that all the bad stories should be applied to all women

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