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William *****
This is a summary of
William *****
's contributions to the platform. They have posed 4 questions and added 188 comments.

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COMMENTS

William ******
@Bob *********
that is the only thing we know for sure. If you watch it every day it will drive you crazy
William ******
Yeah looks like most currenties

Aussie dollar down 5.3%

UK 3.1% down

Euro 2.9% down

Dollar 3.5%

Canadian 4.4% down

UK is still higher than last year and took until February for it to get above 45. If anyone knew they would be rich from FX trading. In the past year all these currencies have dropped to these levels 2 or 3 times. My opinion which is not worth much is the current levels are more normal. The level one or two months ago were overly weak for the Baht. Let’s hope the increase in people visiting and moving doesn’t push up inflation and in turn will make Baht stronger both whammy. Look at Mexico for example. In the course of two years the peso appreciated 15-20% plus was battling 11% inflation. So within a short time period things were costing over 30%. So, I worry about Thailand being overrun. But Bali has same problem as a surge in people moving there but it currency is
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vs dollar. Three years ago was
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. So, 15% depreciation for Rupiah. But was told things are expensive in Bali. I have not been yet. We have many things going on right now. We had a time of 15 years no inflation. Now banks will be lowering rates. This effect currency, usually more short term. There an over reaction on the markets plus people making money on the news. Plus USA has huge debt which hurts the dollar. But for the world we have geopolitical things going on. Thailand is never involved usually in world events so other currencies can be effected. But I never see people complaining when Baht was weakening from March to June. If you take out those months we are back to were we were before (2023). If exchange worries you move to Cambodia. They use USD as much as Riel and riel doesn’t move a lot. But living outside your country currency changes is part of life. If you rate is in Baht take and prepay rent when Baht weaker. Take cash out of ATM for 3 months. All we know is it goes up and goes down. Not sure it is a straight down from here. Should stabilize in a week or two. Assuming no major events
William ******
@Tommy *******
the excitement is understandable

be interesting to see how things develop. I think I read, maybe I am wrong that tourism numbers are down still from pre-covid. But the revenue is down even more because each tourist is spending less. I would guess maybe 🤔

I think in last 5 years people want more vacation time or work remotely. So vacationers are looking at bang for buck. Also there was many remote workers before Covid but now it is many. But, it seems online jobs are fewer and fewer now. If not a programmer or AI engineer the opportunities are fewer because companies are shifting back to in office. It seem before Thailand was only wanting the elite traveler. Now they want more of all people.
William ******
Well, it seemed to good to be true because few requirements. Interested to hear when people get it. Is it permanent or temporary. If not permanent the 5 years I assume voided. The government could change in future I bet
William ******
@Neil *****
I agree. Would effect things a lot in Thailand. Cost of living would increase
William ******
If 55 Cambodia is easy. Just get ordinary visa on arrival and pay an agent $300 every year. No other requirements. I think you can do yourself too for less money. Around $200 I think. Very cheap very easy in Cambodia. Immigration in Phnom Penh super nice and helpful
William ******
So you don’t have
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0 baht each? No pension? Hmm 🧐. Well, agent you best bet. Come on the stamp and see an agent asap. Pay the extra cost which averages around
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baht depending on location. Can be less can be more. So, probably
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baht for first year for both then
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to
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baht to renew every year. You work online? No savings no pension must have income