Thailand really needs to up their game and offer something stable and concrete to the retiree if they are serious about attracting the cream of the crop!
Contrary to popular belief, Thailand is NOT the center of the universe. Retirees and those with money have options. Thailand needs to learn how to compete for the cash cow by enticing them with stable, long-term options for retirement that includes property/land ownership, pathway to residence, reliable healthcare, a stable government and clean air to breathe.
At the moment Thailand is falling short in almost all of those criteria, so moving forward, with the likes of Cambodia and the Philippines offering attractive visa packages - I see the competition for the much needed retiree dollar growing ever more fierce by the day.
And don't forget, NO TAXATION WITHOUT REPRESENTATION!
If you think that well-healed retirees are going to jump at the chance to pay even MORE tax on their pension pots then you are sadly mistaken..
bob.