Tuesday, February 5, 2019

Gloomy outlook

Hearing from some business people that business is down.  It seems hard to believe with all this hype that tourism is doing great. Probably much related to the strong baht. Chinese New Year may not be so profitable, as most will go home to visit family.




A recent survey (Thai Visa) seems to indicate that a large part of the expat community is contemplating departure due to the new visa rules. The new rules may not be set in stone and may be subject to further 'adjustments.'  A large exodus is probably not imminent, as embassy income statements where issued until the last days of December and are valid for six months. 

New financial regulations for retirees: Nearly a third of expats may have to leave - but half on Facebook say they're off! - Thailand News - Thailand Visa Forum by Thai Visa | The Nation

Fifteen years ago, or so, a copy of the income statement was acceptable and could be reused the following year.  Think that went on for three consecutive years.



Been over a year since I stopped smoking.  Local cigarette prices are nearly tripling effective in October to US$3 a pack.  Apparently it's a tax increase, no mention if that tax also applies to imported cigarettes. More smokers may switch to roll your own as tobacco can be bought in ounces and kilos.

สกลนคร Sakon Nakhon

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