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Eric *****
This is a summary of
Eric *****
's contributions to the platform. They have posed 5 questions and added 347 comments.

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COMMENTS

Eric ******
Yep. When I got here 2 months ago the $100 USD exchanged at over $3650. When I got $100 in Baht yesterday it was $3220, and that was at SuperRich. That almost $15 per $100! It’s making me rethink the Retirement Visa for now…imagine transferring 800,000 Baht now and getting your a$$ kicked on that exchange, only for the USD to rebound when you eventually withdraw it. So you get hit both ways. 🤬

P.S. That $15 per $100 doesn’t even take in to account getting money out of an ATM here. Then add another almost $7 for the ATM fee plus whatever your bank charges, which is ANOTHER 1-2%! Altogether around a 25% decline!! So aggravating.

And yes, I know about Wise, Revolut, Fidelity and Charles Schwab…I was just using simple scenarios.
Eric ******
@Steve ******
wow, somebody in this group actually offering helpful information. Wish there were more…

Not sure why all of the sarcastic and snarky comments from people, I guess they just have nothing better to do.
Eric ******
@Us ****
exactly. I figure from 2 months ago until now, the USD has lost about $150 per $1000 exchanged! That's a big hit, especially if you're having to put $800,000 baht in an account for a retirement visa...that's upwards of $2500 USD. Even on a $100/ night hotel room, that's roughly $12-$15 extra per night. That sh!t adds up over time, especially if you add $220 baht to it from withdrawal fees from ATMs. 🤦🏻‍♂️🤬
Eric ******
Yea, just can't get used to Thai food, so am spending more on food. You gotta love restaurants that charge people to cook their own food though!😄 I'm tempted to try it, but no idea how to do it.
Eric ******
@Chris ******
what am I missing then? I just got back from Phuket last night. Once you translate the baht to the US dollar, the prices are virtually the same except on street food.
Eric ******
@Danny ****
i’m not seeing where Thailand is so much cheaper like everybody says. Everything I see is relative pricewise if not a little more than in the US. I had chosen Ho Chi Minh City and Tokyo to check out. are there better alternatives? Thanks for the reply. 
Eric ******
How was Japan and Vietnam compared to Thailand? I have them on my list too.
Eric ******
@Dave ***********
have u seen what’s going in the Us?? We let everybody in! 🤦🏻‍♂️