I don't even think there is even a couple of hundred thousand retired expats in the country. I'm sure I read a figure of 60,000 quoted by the head honcho a few years ago. I think we generally overstate our importance.
Good and bad. Hard to generalize. Once somebody moves to Thailand full-time, they usually buy a vehicle or two, which is a large purchase and often carries large import duties. Some also buy condos. These are all large sums that go into the economy. In addition, people above the age of 50 may spend a lot more money on private healthcare in Thailand over the next 20 to 30 years. They may also leave a sizable inheritance to a younger Thai wife, which then will also get also spent within the local economy.
Tourists should all go to another country! Stop coming to Thailand. Then the government would all cry. Too many tourists? Not enough? No Chinese?.Russians are bad? Stop coming teach Thailand a lesson.
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