Strong Thai baht brings financial woes for expat retirees
An interview with a retired Briton in today’s Bangkok Post illustrates the financial difficulties some expats now face in the Land of Smiles as a result of the strong baht.
Brian Maxey moved to Pattaya from the UK to live off his sterling pension, but the surging Thai currency means he’s now finding it a challenge to meet the financial requirements of his visa. Brian recounts how when he first moved to Thailand, the British pound would get him 60 baht. That figure has now plummeted to less than 38 baht.
May Taylor
