A new chapter

It has been ardv the past year or so, I moved over to the UK . for a few months as I needed to save and add to my savings.

COVID , like a lot of people, affected me a lot and as I normally go to the UK for a few months to add to my savings, I had to stay in Thailand and us up a lot of my savings, in the process. Dont get me wrong my peson is a good ne but we only live on one pension and as it covers our bills it is not very good for extras.

I have tried to explain to people , that living abroad is subject to the ups and downs of the currency exchange rates. so if you are thinking about moving to another country , please take this into account. When I frst moved to Thailand , in 2014, the exchabge rate was around 57 bht to the pound, it is now around 44 bht to the pound, To put that into context, that is a loss to me of around £350 a month, yet my penson is exactly the same.

To get a visa in Thailand, you need to bring into the country a certain amount of currency, (The amount depends on your type of visa) I know there are a lot of ex pats in Thailand who ae struggling to meet their visa requirements, due to the lowering exchange rates. To get around this they are borrowing the money (three months before their visa application) and having to keep mthat money now three months after their application has been approved.(This ia a new requirement by the immigration department, to counter the borrowing) These loans cost a lot.

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Published by: My Thailand

I have retired and moved from the UK to Chiang Mai, Thailand. Even though I have retired, l still do some seasonal work in the UK. I have been a Buddhist since 1999. I love being in Thailand and it’s wonderful people. I intend to pass on my learning and experiences while living in the land of smiles, to anyone who has come across my blog.

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