I am informed , and it says it all … your wife’s an agent !! So maybe with inside information you made money , 99% of people will lose . If you want to leave your family something then buy in a safe country eg UK just as an example where property is easy to sell ( unlike Thailand ) and it goes up in price ( unlike in Thailand ) . Buying land and subdividing it is good if you have inside help and is not suitable for most people . Most people will only know about buying a co do … huge mistake unless you like the nightmare of ever trying to sell it ( along with thousands of other condos to compete with ) and not getting your money back . And NO I have never bought a condo in Thailand because my brain still works
you sound like an agent , they are always spouting this nonsense because it’s their job . Compared with the uk where property both for rent and sale is in short supply and huge demand , I can think of no country outside of China where there is such a huge glut of un sold units and thousands upon thousands of condos to rent , than Thailand . Prices are the same as 10 years ago and even then they can’t sell
Disregarding the nonsense about 62 baht to the pound ( it’s 46 ) , as a long time visitor and resident of Thailand I can say with confidence that, great place to live , bad place to invest particularly the Thai property market . It’s the easiest thing in the world to buy a property here and the hardest thing to ever sell it except at a loss . Keep your money abroad and use it to fund your Thailand living . Never invest in Thailand
even in Bangkok not everywhere takes them . My point being why not have at least SOME money on you for emergencies . I always go out with about 1000 baht in smaller notes just in case
but why ? Surely cash is always quicker and not everywhere lets you pay by scan . Scan is good for purchases over say 300 baht but why not carry small cash for purchases under that ? If you buy an ice cream for 25 baht just put a 20 note and a 5 coin down and away you go
are you telling me that the exchange bureaux in the USA are even worse than the Thai airport rates . That sounds most unlikely to me . Some might be but most would not be and anyway , this is not earth shattering amounts of money . How much is he going to lose or gain either way $5?$10? Does it even matter ?