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Post by ladywhitenap on Jun 18, 2016 9:11:50 GMT
I'll be living in LOS myself at the end of October. Can live well for a lot less than the UK.  I've been racking my old brain to try and work out where/what LOS is. Google has not helped me. Please can someone put me out of my misery? TIA LW Thank you CD, I had initially thought Thailand as Baht was mentioned but could not get from there to LOS I'm a happy bunny now! LW
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agent69
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Post by agent69 on Jun 18, 2016 9:19:28 GMT
I've been racking my old brain to try and work out where/what LOS is. Google has not helped me. Please can someone put me out of my misery? TIA LW LOS = Land of Smiles. It's in reference to Thailand because they smile a lot... apparently  Normally as they are trying to relieve you of your money
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Post by brianac on Jun 18, 2016 10:26:09 GMT
LOS = Land of Smiles. It's in reference to Thailand because they smile a lot... apparently Normally as they are trying to relieve you of your money When I looked it up it came up as Sweden, but that didn't work, Sweden is an expensive place to live (by reputation at least) - and they don't use the Baht. Brian
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Post by earthbound on Jun 18, 2016 15:43:57 GMT
here are a few price comparisons from phucket 3 weeks ago... £1.00 = 50 baht bottle of corona 300 baht bottle of tiger beer 100 baht (yuch) cup of coffee 120 baht plate of chips 200 baht thai meal 550 baht + drinks trip to james bond island 3300 baht each (roger moore was the best one) Probably is cheaper in sweden.  edit.. oops and to ensure that this is not too far of topic, the prices quoted above do not include any mega-interest. |
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Post by dodgeydave on Jun 19, 2016 0:47:16 GMT
here are a few price comparisons from phucket 3 weeks ago... £1.00 = 50 baht bottle of corona 300 baht bottle of tiger beer 100 baht (yuch) cup of coffee 120 baht plate of chips 200 baht thai meal 550 baht + drinks trip to james bond island 3300 baht each (roger moore was the best one) Probably is cheaper in sweden. edit.. oops and to ensure that this is not too far of topic, the prices quoted above do not include any mega-interest. Imported beer is expensive. I can eat in an all you eat buffet for 150 baht . Go to any tourist trap any where in the world and you will pay top price. I live about 30 minutes from Bangkok. So not in the sticks where it is even cheaper. So going back to the original question posed. I can live of my interest from SS.
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jimc99
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Post by jimc99 on Jun 19, 2016 3:04:18 GMT
here are a few price comparisons from phucket 3 weeks ago... £1.00 = 50 baht bottle of corona 300 baht bottle of tiger beer 100 baht (yuch) cup of coffee 120 baht plate of chips 200 baht thai meal 550 baht + drinks trip to james bond island 3300 baht each (roger moore was the best one) Probably is cheaper in sweden. edit.. oops and to ensure that this is not too far of topic, the prices quoted above do not include any mega-interest. It's more fun in the Philippines and more smiles too. Bottle San Mig beer 60p Coffee 30p Foreign meal, fish and chips £3 Local rice meal with meat/veg £1 to £2 Rent 2 bed house/apartment £140/month
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Post by jonboy73 on Jun 19, 2016 3:25:33 GMT
Ssshhhh! Lol, we are trying to keep this place a secret!
Are you you living here also? I am in Bohol :-)
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Post by jonboy73 on Jun 19, 2016 3:34:12 GMT
To answer the op, not mega interest but I am funding my lifestyle from investment. Most of that income comes from btl property, with a diversification into p2p primarily to spread risk and eventually pay of the interest only property borrowings.
As capital is at risk, you would be wise to be spread over many loans on many platforms, eggs and baskets and all that. Sadly they don't all pay 12%.
You can get 3-5% in several current accounts in the uk!
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johnfleet
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Post by johnfleet on Jun 19, 2016 4:42:04 GMT
Please tell me more. I'm claiming basis rate allowance of £11K (this year) plus will claim the new £1 investment allowance, but where do you get the extra £5k from?
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SteveT
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Post by SteveT on Jun 19, 2016 4:44:54 GMT
Please tell me more. I'm claiming basis rate allowance of £11K (this year) plus will claim the new £1 investment allowance, but where do you get the extra £5k from? The £5k starting savings allowance. See www.moneysavingexpert.com/savings/tax-free-savings
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johnfleet
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Post by johnfleet on Jun 19, 2016 5:01:00 GMT
I had never heard of this allowance! When I did my online tax return last year AFAIK it didn't appear. So this year - my paltry pension will be £6.5K but I expect to receive circa £20K P2P interest so sounds like I might only be liable for tax on about £9-£10K on income? Time to talk to my (yet to be appointed) accountant!
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awk
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Post by awk on Jun 19, 2016 6:50:29 GMT
I had never heard of this allowance! When I did my online tax return last year AFAIK it didn't appear. So this year - my paltry pension will be £6.5K but I expect to receive circa £20K P2P interest so sounds like I might only be liable for tax on about £9-£10K on income? Time to talk to my (yet to be appointed) accountant! The online tax return takes this into account. In 2015/16, I earnt £5k p2p interest and my total taxable income was £10k. I phoned HMRC to check what if anything I had to do and they said that I needed to do an online tax return because I had untaxed interest - which made me slightly nervous. However, just done a draft (waiting on final LC statement) and it shows nothing owed ! FYI 2015/16 limit is £15,600; £10,600 personal allowance + £5,000
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jimc99
Member of DD Central
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Post by jimc99 on Jun 19, 2016 7:59:37 GMT
Ssshhhh! Lol, we are trying to keep this place a secret! Are you you living here also? I am in Bohol :-) La Union here.
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Post by earthbound on Jun 19, 2016 8:00:31 GMT
here are a few price comparisons from phucket 3 weeks ago... £1.00 = 50 baht bottle of corona 300 baht bottle of tiger beer 100 baht (yuch) cup of coffee 120 baht plate of chips 200 baht thai meal 550 baht + drinks trip to james bond island 3300 baht each (roger moore was the best one) Probably is cheaper in sweden. edit.. oops and to ensure that this is not too far of topic, the prices quoted above do not include any mega-interest. Imported beer is expensive. I can eat in an all you eat buffet for 150 baht . Go to any tourist trap any where in the world and you will pay top price. I live about 30 minutes from Bangkok. So not in the sticks where it is even cheaper. So going back to the original question posed. I can live of my interest from SS. Having not been before, we were unsure where to go, so headed for the tourist area of patong beach (phucket) , TBH we were told many times by many Aussies, that phucket was very expensive compared to most other areas of thailand.
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Post by earthbound on Jun 19, 2016 8:02:57 GMT
Ssshhhh! Lol, we are trying to keep this place a secret! Are you you living here also? I am in Bohol :-) La Union here. Any tips on where to be based for a first time visitor?
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