I've said it before, it's been 800k baht in a Thai bank for decades in Thailand. The purchasing power of that 800k baht has diminished over the years, which is normal. I predict the day will come when it will be raised to 1 million, or perhaps 1.1 million or 1.2 million baht. That will knock many out of the game here, or, push them onto agents to circumvent the new law. Another possibility is the Thai government may want to "take out the trash" and make it 1.5 million baht, and strictly enforce the use of agents, thus, raising the financial standard of expat retiree here, and cleaning out the place of retirees who spend no money. As Thailand has no reasonable pathway to citizenship for foreigners, that means we are at the mercy of the Thai government all the time, and regulations can change very quickly here. It's the main reason I am happy to rent, and have no problem moving to a neighboring country should I want / need to.
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