That was about the same time as the crash, and exchange rate USD / THB was $1 / ฿25 THB for the 13 years prior (institued in 1984) and then more than doubled in six months from July to January 1998, surely contributing to the rise, since extremely low prior to that time. For at least 13 yrs, one only need $8k USD for retirement visa 1998 that changed to $14.8k for retirement visa. That's fluctuated from $20k to $29.k since I've been here and at present $23.8k, so not bad, considering the inflation over the past 28 or 42 years. which ever threshold one wants to use. My COLA have increased 70+% since 2000, and yet, the 800k has remained the same. So no complaints here. Not sure those increase are Thailand's fault, or USA's fault, or mixe of both. Either, still cheap as chips, and very easy to stay here. Even easier, half that cost if married.
Create an account or sign in to comment