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A fellow expat friend of mine has just returned from an ‘inspection’ (as he put it) of Vietnam and the Philippines. He was curious as to why so many expats have moved to these destinations. The trip resulted in him becoming more grateful than ever for living in Thailand.
“OK Vietnam is fine for a four day vacation, but to live there forget it” he told me,”And as for the Philippines it is the poor mans Thailand on every level, and why any one would want to live in Angeles is beyond me!”. Besides financial savings he could see no benefits to living in either location.
I quizzed him though, surely some retirees have had their hands forced to leave Thailand due to increasing costs. “I now get why Thailand is putting these new rules in place” he said, “Thailand doesn’t need retirees with no money putting a stress on the place. Thailand is no longer a developing country and offers so much more than other neighbouring countries. Great infrastructure, schools, hospitals to the other things like world class beaches and food. Why would it want those foreigners with little money?”
On these points, I could not argue with him. Look at it another way, if you had invested lots of money building a five star hotel with amazing facilities – you wouldn’t want economy guests. And it is the same thing with Thailand.
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