Jump to content

Thailand should welcome retirees


Recommended Posts

2 hours ago, Brunolem said:

Of all the big cities, Bangkok probably takes the cake! 

 

Hottest city in the world

Also one of the most polluted, especially these days

World renowed traffic jams

Cost of living rising exponentially (starts a 160,000 baht per sqm says the ad) 

Constantly crowded, whether you are on the road, in the BTS, or trying to walk

 

Talk about throb... 

 

Guess you haven't been in many megacities....

  • Like 2
Link to comment
Share on other sites

I honestly don't understand the title of this topic.  Seems to me Thailand already welcomes retirees, those who have the financial resources Thailand says it wants long-term retirement visa holders to have.  Those financial requirements are more than some countries require, sure, but are far less than others.  As foreigners, we don't get a say in the policies of our host government.  Simple as that.

 

In any event, the Thai government could decide next year it wants anyone applying for a retirement visa, or extension of stay based on a retirement visa, to have a minimum of one million baht permanently deposited in a Thai commercial bank.  Or two million.  There would be a lot of bitching and moaning, of course, from folks who couldn't meet the requirement, but Thailand would welcome those who could. 

 

Hell, I myself might decide to leave under those conditions, but I sure wouldn't be grumbling about the unfairness of it all... the shortsightedness of Thais... how I "won't be forced to give up interest I could be earning".... how they'll all be sorry... grumble, grumble, grumble....

  • Like 1
Link to comment
Share on other sites

4 hours ago, Brunolem said:

The low end Western pensioner collects at least the equivalent of 30,000 baht per month, which makes him poor in his own country, but rather comfortable in Thailand, as long as he avoids the tourist traps. 

 

With 100,000 of them, Thailand gets 3 billion baht of extra spending in its economy, each month, month after month... what's not to like? 

 

And these retirees' footprint, spread over the whole country, is far less destructive than the footprint left by 100,000 high quality Chinese tourists roaming the same streets and beaches day after day. 

 

Meanwhile, I don't think that the tens of thousands of Chinese who follow the little flag, before getting back in their bus are members of the elite. 

 

The latter are more interested in buying mansions in Vancouver or Sydney, than in visiting Walking Street. 

The 10 million Chinese tourist match 3 billion for every 300 THB they spend.

Link to comment
Share on other sites

2 minutes ago, FritsSikkink said:

The 10 million Chinese tourist match 3 billion for every 300 THB they spend.

China maintained its leading role in the global tourism market with outbound tourists spending $258 billion in 2017, accounting for one-fifth of the world's total spending on tourism, according to a world tourism report.  25,146 baht per person expenditures.  

 

Google Chinese tourist expenditure per person.

  • Like 1
Link to comment
Share on other sites

9 minutes ago, marcusarelus said:

China maintained its leading role in the global tourism market with outbound tourists spending $258 billion in 2017, accounting for one-fifth of the world's total spending on tourism, according to a world tourism report.  25,146 baht per person expenditures.  

 

Google Chinese tourist expenditure per person.

Not hard to do when your country is stripping the US of $400 Billion in lopsided trade deficits every year.

Link to comment
Share on other sites

2 minutes ago, FritsSikkink said:

Better start making products that people want to but then (besides arms).

Yes, because Chinese products are sold based on how well they are made, not how cheap they are, based on slave labor practices and stolen tech. 

  • Like 1
Link to comment
Share on other sites

50,000 baht to take in a retiree? I guess this is a joke!

Thailand should welcome retirees - WHY?

Will your home country welcome a retiree for that paltry sum?

This itself proves that Thailand should be more selective in allowing retirees.

 

Link to comment
Share on other sites

2 hours ago, JTXR said:

I honestly don't understand the title of this topic.  Seems to me Thailand already welcomes retirees, those who have the financial resources Thailand says it wants long-term retirement visa holders to have.  Those financial requirements are more than some countries require, sure, but are far less than others.  As foreigners, we don't get a say in the policies of our host government.  Simple as that.

 

In any event, the Thai government could decide next year it wants anyone applying for a retirement visa, or extension of stay based on a retirement visa, to have a minimum of one million baht permanently deposited in a Thai commercial bank.  Or two million.  There would be a lot of bitching and moaning, of course, from folks who couldn't meet the requirement, but Thailand would welcome those who could. 

 

Hell, I myself might decide to leave under those conditions, but I sure wouldn't be grumbling about the unfairness of it all... the shortsightedness of Thais... how I "won't be forced to give up interest I could be earning".... how they'll all be sorry... grumble, grumble, grumble....

How refreshing to to read an intelligent and unbiased comment here. Cheers!

  • Like 1
Link to comment
Share on other sites

8 hours ago, Brunolem said:

From an economic point of view, this is nonsense. 

 

The average Chinese doesn't make more than the average Thai, or said otherwise Chinese GDP per capita is very close to Thai GDP per capita, both being wayyyy below Western Europe GDP per capita. 

 

And don't even mention Russia which, as some US politician put it, is a gas station masquerading as an economy. 

 

So, despite Western Europeans being on average much wealthier than their Russian and Chinese counterparts, the Thais would be better off dropping Westerners and bet the farm on Russian mobsters and Chinese herds. 

 

Certainly makes sense, if one is an adept of Thai logic... 

Tra... la...la...

The West is the BEST.

Condemning ALL other countries while screaming and squirming about the 800K Bhats. Some gas station it must be... the WEST I mean! 555 555

Why don't the wealthy live in their own perfect country?

Can ANYONE from a developed country answer this question, please?

Link to comment
Share on other sites

15 hours ago, Nyezhov said:

Guess you haven't been in many megacities....

I avoid megacities like the plague. 

 

They are the largest tumors grown from a terrible disease called human cancer which, like any cancer, is destroying its host, and itself ultimately... 

 

Link to comment
Share on other sites

3 minutes ago, Brunolem said:

I avoid megacities like the plague. 

 

They are the largest tumors grown from a terrible disease called human cancer which, like any cancer, is destroying its host, and itself ultimately... 

 

Hmmm. Right on then. But I did my time in peaceful nature, so its time to live it up for a few years until I end up in a nursing home playing handball with my own poop. Today is your last day!

  • Haha 1
Link to comment
Share on other sites

11 hours ago, JTXR said:

I honestly don't understand the title of this topic.  Seems to me Thailand already welcomes retirees, those who have the financial resources Thailand says it wants long-term retirement visa holders to have.  Those financial requirements are more than some countries require, sure, but are far less than others.  As foreigners, we don't get a say in the policies of our host government.  Simple as that.

 

In any event, the Thai government could decide next year it wants anyone applying for a retirement visa, or extension of stay based on a retirement visa, to have a minimum of one million baht permanently deposited in a Thai commercial bank.  Or two million.  There would be a lot of bitching and moaning, of course, from folks who couldn't meet the requirement, but Thailand would welcome those who could. 

 

Hell, I myself might decide to leave under those conditions, but I sure wouldn't be grumbling about the unfairness of it all... the shortsightedness of Thais... how I "won't be forced to give up interest I could be earning".... how they'll all be sorry... grumble, grumble, grumble....

Obviously, in today's world, everything is about money, and that includes the notion of welcoming. 

 

It's like saying that your friends are welcome to your home next Sunday... never mind that you won't offer them a seat, let them access the toilets, or use the swimming pool... why should they complain, because the food will be free! 

 

By welcoming, I also mean make it attractive, offer incentives and so on. 

 

Portugal, for example, is giving retirees a 10 year tax exemption... that's a nice welcome present, especially if you happen to live in one of those über socialist European countries. 

 

Obviously there is no income tax for retirees in Thailand, but it could be something else, in the healthcare department, for example. 

 

"Show me your money and come see me back in 90 days" is not exactly the kind of slogan that illustrates the notion of "welcoming". 

 

  • Like 1
Link to comment
Share on other sites

8 hours ago, ravip said:

Tra... la...la...

The West is the BEST.

Condemning ALL other countries while screaming and squirming about the 800K Bhats. Some gas station it must be... the WEST I mean! 555 555

Why don't the wealthy live in their own perfect country?

Can ANYONE from a developed country answer this question, please?

Or you could ask why are the rich Chinese rushing to invest their money in Canada or Australia? 

 

The Westerners invest their money at home, at least until they retire. 

 

You don't see a real estate bubble in Vancouver made by a massive influx of German money. 

 

Must be that Westerners have more confidence in their countries than the Chinese have in theirs... 

 

  • Like 2
Link to comment
Share on other sites

1 hour ago, Brunolem said:

Or you could ask why are the rich Chinese rushing to invest their money in Canada or Australia? 

 

The Westerners invest their money at home, at least until they retire. 

 

You don't see a real estate bubble in Vancouver made by a massive influx of German money. 

 

Must be that Westerners have more confidence in their countries than the Chinese have in theirs... 

 

Must be that Westerners have more confidence in their countries than the Chinese have in theirs... 

 

Perfect! They have nothing to worry about and complain about the undeveloped 3rd world countries, after all.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.






×
×
  • Create New...