January 18, 2024

News

Stronger Thai baht cause exodus of expats dreaming of easy retirement

Foreign retirees who flocked Thailand partly due to the cheap costs are now feeling the financial strain from stronger baht and stringent measures Thailand ranks among the world’s top 10 destinations for retirement for the tropical climate, beautiful beaches, great food, and affordable cost of living. Budget-conscious foreign retirees flock to the country to live the good life. However, the recent surge in Thai baht is threatening their idyllic life in paradise as Thailand courts wealthier expats with their stringent measures. British retirees flock Thailand partly due to the cheap costs. Two decades ago, a pound could be exchanged for

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