Wont Be Many Brits Left Here Soon 47 Baht To Sterling Oh Dear

[JimsKnight]

Think you may find it suits TOT.

The rate will deter (or even force back to the UK) the 'old guys'.

If they want to come to Thailand, tourists will come to Thailand irrespective of the exchange rate.

wont affect many since damage already done when it went from 75 to around 50 Bigger problem is inflation here and everywhere. Our income from UK and USA has in effect gone down 50% as a combination of currency debasement and inflation probably more. Add crashes in investment on shares and at least crash in property in USA and soon to come to UK real drop in last 6-8 years is probably nearer 70% or more. So someone with say 4k GBP income a month 7 years ago in real terms probably now only has 1k gbp. Of course if they had not listened to all those who said dont bring anything here and still rent they are whats the word F$#$%. Those of us who brought enough over to buy lots of property shares and like here and reaping benefit are fine thank you.

Is that the scam where you don't actually own the property but rely on the good graces of the government and Thais not to screw you over?

[nong38]

Think you may find it suits TOT.

The rate will deter (or even force back to the UK) the 'old guys'.

If they want to come to Thailand, tourists will come to Thailand irrespective of the exchange rate.

wont affect many since damage already done when it went from 75 to around 50 Bigger problem is inflation here and everywhere. Our income from UK and USA has in effect gone down 50% as a combination of currency debasement and inflation probably more. Add crashes in investment on shares and at least crash in property in USA and soon to come to UK real drop in last 6-8 years is probably nearer 70% or more. So someone with say 4k GBP income a month 7 years ago in real terms probably now only has 1k gbp. Of course if they had not listened to all those who said dont bring anything here and still rent they are whats the word F$#$%. Those of us who brought enough over to buy lots of property shares and like here and reaping benefit are fine thank you.

Is that the scam where you don't actually own the property but rely on the good graces of the government and Thais not to screw you over?

The rules can be changed at any time, its their country. Whilst things stay as they are you you know where you are and whats going on but if the Thais decide to change the rules who knows what would happen as with everything in life you have to hope you have covered all the angles, but you just dont know what you dont know :jap: