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At the end of 2024, Shao Chun Chen moved to Chiang May, Thailand.
Shao -Chu’s courtesy Ceana
Shao Chun Chen worked more than 40 hours a week in a corporate career in Singapore. He now has a three -hour work that supports his life and his family in Thailand.
A 39-year-old guy grew up in Singapore and spent most of his life in the city-state before moving to Chiang May, Thailand, with his wife in November 2024. Today he is “Supercut“From Thailand to Singapore, which flies over 1200 miles a week to work as a teacher at the Singapore National University.
He says he brings approximately $ 2000 to $ 4,000 in Singapore dollars ($ 1540 to $ 3,070), laying a weekly three -hour digital marketing class, and a bitch he earns in training enough to cover his travels, and all his life and his wife’s life.
“I play the system,” said Chan CNBC do this. “Three hours of work in Singapore can support all my costs in Thailand.”
No salary, no problems
It was necessary to dismiss Chen to realize that he was financially independent in early 2024, giving him flexibility to change his life.
For almost a decade, working on Google, he lived below his funds and consistently denied half a salary for investment. Therefore, when in February 2024 he unexpectedly fired a technology company, Chen realized it A seven -digit portfolio He built for many years, it meant that he no longer needed to rely on salary for a long time.
At the time his portfolio cost about $ 2 million CNBC do this. Use 4% Rule As a benchmark, it meant that he could safely abandon $ 80,000 from his portfolio and the same amount that is adjusted for inflation in the next year.
Theoretically, this amount is likely to be small enough for his portfolio to support it for at least 30 years. Therefore, instead of jumping into another corporate role, Chen decided to give himself the opportunity to lead another kind of life.
“I have worked for the last 14 years of my life, and I have been forced to rest,” Chen CNBC said. “It was very devastating, it was a big blow on my ego, my identity, but over time it turns out … It’s kind of a idea (about what I really wanted in my life.”
Although Chen found that he could stop interest, dividends and capital gain from his investment, he decided to consider them only as a source of passive profit, withdrawing money only if necessary to replenish his active profit.
New sources of income
In the last year and a half, Chen created several new sources of passive and active profit.
Along with teaching as an additional teacher for three hours a week in Singapore, Chen also earns money by creating education content On YouTube and the coaching business through which he says he can charge $ 500 per hour, depending on the client.
He also decided to try geographical arbitration. Keeping your main source of revenue teaching at the University in Singapore, where the currency is stronger, Chen need not work as much to support a comfortable life with his wife in Thailand, where the cost of life is much lower.
“Find a way to improve your skills or achieve positions where you can charge a high -rate hiding,” Chan said. “If you combine a high -cost hourly rate, you need to work very little hours to cover your costs.”
Cities and jobs that can pay a high hourly bet, usually expensive areas, but this is a less problem when digital allowed distance work, he added.
While his work as a deally teacher is sufficient to cover the costs of his and his wife, other active sources Ceno cover his discrete costs. He says he is spending four to eight hours per week, which includes his teaching, training and product Video on YouTube.
Earn dollars by spending a baht
Since moving to Chiang May with his wife in November, Chen says, his lifestyle and quality of life have become “much better”.
“I also realize that not everyone can do it, and the locals do not do as much as we are.” I no longer feel needed … be on this circle or always produce. “
“(Here) I make breakfast for my wife, and in my previous life I didn’t even have such a privilege. (I) just hurried,” he added.
Along with the fact that you do not feel so much financial or pressure time, says Chan, he no longer feels the need to “reschedule” his life. “For the first time in my life, I could just … Enjoy what Thailand can offer,” Chan says.
In Singapore, he said he paid about $ 2450 a month for two -room condominia.
Now he lives in a brand new one-room apartment, which costs him $ 450 a month- and it’s much more luxurious. “I already overpay because I (crying) monthly … If you sign the annual rent, it will be closer to $ 300,” Chen says.
Shao Chun Chen lives in a one-room luxurious apartment in Chiang, Thailand.
Shao -Chu’s courtesy Ceana
“It’s a ridiculous apartment,” Chan says. “He has several pools. It has a water slide … A fully equipped gym, a huge joint space (and) his own pilatese studio,” he added.
As for other Thailand accommodation, Chen says, he spends $ 300 to $ 500 a month for food and products for him and his wife, and about $ 200 a month for transportation. He also spends about $ 250 for each flight to Singapore every Friday.
“The strategy for those who want to live in a country such as Thailand is to really accept local culture, local options, local lifestyles,” rather than trying to bring their own lifestyle to a place, Chen says.
“I actually met some exhibits here, and they are really not satisfied because they were only attracted to Thailand from the cost of life,” he says. “They complained,” Oh, Croissan didn’t taste as good as home. They do not use true butter, they use palm oil “… And then they need to find a certain cafe, and it’s actually more expensive.”
Instead, exhibits can save money by buying local products such as Thai, Thai medicine and Thai beer, says Chan. “Everything done in Thailand is cheap, but at the moment you want to buy international options, such as wine from France … It’s more expensive,” he adds.
Although the decision to leave the corporate world to live in Thailand gave it more time and flexibility to enjoy life and create different revenue flows, Chen says, there are disadvantages.
For example, he has no longer the structure and predictability that he once allowed corporate life. And when it comes to supermunction from Thailand in Singapore, movement is often a great obstacle, as is the amount of energy that you can need as often, he says.
But ultimately, he said, he is satisfied with his life in Thailand, although he is open to return to Singapore when the right opportunity comes.
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