Fall out from new financial requirements?

[sekmet]

Has anybody noticed movement from the financial residency requirements? And when I say this, I mean people leaving the country. Would like to get insight from people who rent to expats, and curious about location, not only where they were living, but where they're going to.

 

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[ronaldo0]

Few I know have left samui and are going to Spain and Vietnam and are saying far too expensive here now to justify staying !

[malt25]

I'd be interested in hearing from anyone, expat, after they had relocated & settled in Vietnam. After the novelty had worn off & reality had set in.

[Letseng]

51 minutes ago, ronaldo0 said:

Few I know have left samui and are going to Spain and Vietnam and are saying far too expensive here now to justify staying !

Spain is cheaper? May be for accomodation and booze.

[ronaldo0]

16 minutes ago, Letseng said:

Spain is cheaper? May be for accomodation and booze.

Yip . Food and drink they said were cheaper and were buying a place there after selling here. 

[crazykopite]

I know of a few who have left due to cost of living and issues with immigration.living on an island is far more expensive than living on the mainland and although it’s August this is the quietest one I have known in 13 years .

[Deerculler]

Is Spain a good country to retire too?

What is the criteria?

[johnnort]

My wife ((Thai - 20 years married) and I, still retain our place in Thailand as she wishes to live there after I have passed away, although not expecting that any time soon. However, about 3 years ago we moved to Portugal. During the past 22 years, mostly living in Thailand, we have taken long sojouns back to Europe of upto 18 - 24 months each time. Loved each time away but always thought Thailand was home and returned. This time though we both realise that our quality of life here in Portugal is far superior to that that we have had in Thailand. It is not expensive here to live. The Portuguese authorities also offer foreigners 10 years tax free on any income generated from outside Portugal.

We will return to Thailand to live, but not for now.

[lagavulin1]

1 hour ago, Deerculler said:

Is Spain a good country to retire too?

What is the criteria?

I don't see it as a good option if you are a Brit until the Brexit fiasco sorts itself out. Potential to need Schenagan visas. 

[Myshkin]

Spain and Portugal much too cold in the winter. Love Mexico and Brazil, but high crime rate. I'll stick to Asia for the time being. 

[Deerculler]

Thank you.

The cold is a big turnoff.

[johnnort]

What cold? Choose your area based upon temperature. No need for Woolies usually, apart from maybe late evening sometimes.

[1FinickyOne]

I have seen a couple of people going back to USA... I suspect going back to live w/family due to impending dementia... is this going to be the elephant in the room? larger than visa issues? 

[Myshkin]

7 hours ago, johnnort said:

What cold? Choose your area based upon temperature. No need for Woolies usually, apart from maybe late evening sometimes.

I did, that's why I chose Thailand. Spain and Portugal temperatures are mostly below 10C at night from Nov till Mar, and below 20C during the day. 

You can't swim in the Mediterranean from Nov till Jun, unless you enjoy cold water. I don't know about the Atlantic coast though, but I think it might be even worse. 

We all have different comfort zones,  and personally Chiang Mai weather suits me just fine. Never used the air con at home in 6 years. Just occasionally the fan around Apr-May.

[johnnort]

No Ocean or sea in CHiang Mai if swimming is your concern and dictates your comfort zone.

[Myshkin]

17 minutes ago, johnnort said:

No Ocean or sea in CHiang Mai if swimming is your concern and dictates your comfort zone.

Swimming pools are fine for lap swimming and I prefer outdoor pools. In my younger days I preferred lakes, seas and oceans, as they were better suited for windsurfing. ????